MetaTrader 5
MetaTrader 5 is now available for demo trading, and you can experience for yourself the new features.
Notable Highlights From MT5:
Notable Highlights From MT5:
- Additional Time Frames - The charts in MetaTrader 5 come hot off the press with 21 different chart time frames available - a big jump from 9 in MT4.
- Chart-in-Chart - Similar to "picture-in-picture" tv sets, MT5 charts have the ability to import and overlay additional charts. These charts can be set to any currency pair and time frame, and to any desired size. Traders also have the ability to add as many charts as they would like.
- New Line Studies - Some new line studies in MetaTrader 5 include the Elliot Wave tool. This allows you to easily and quickly mark Elliot Wave points on your charts.
- Order Dialog Box - The order dialog box has been updated slightly in MT5, and includes many new order types.
- Net Exposure - The way MetaTrader 5 handles orders has been changed, where it shows net-orders by currency pair instead of individual tickets. This method helps make MT5 compliant with "first-in, first-out" rules from the NFA, and more congruent with order handling methods of the futures market. In addition to this, an "Exposure" tab has been added to the Terminal window, allowing users to view their net exposure by currency.
- New MQ5 Language - The new programming language, MQ5, provides added features and functionality, giving traders more flexibility with expert advisors, scripts and custom indicators.
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