What is MetaTrader 5?
MetaTrader 5 (MT5) is the industry-leading trading platform used by millions of traders worldwide. Developed by MetaQuotes, MT5 offers advanced charting, automated trading capabilities, and a comprehensive suite of analysis tools.
Key Features of MT5
1. Advanced Charting
21 timeframes: From 1 minute to monthly charts38 technical indicators: Built-in, with thousands more available44 graphical objects: Trend lines, channels, Fibonacci tools, and moreUnlimited charts: Analyze as many instruments as you need2. Order Types
MT5 supports various order types for flexible trading:
Market Orders: Execute immediately at current pricePending Orders: - Buy Limit / Sell Limit
- Buy Stop / Sell Stop
- Buy Stop Limit / Sell Stop Limit
Stop-Loss and Take-Profit: Automatic risk management3. One-Click Trading
Execute trades with a single clickModify positions directly from chartsRapid order placement for scalpersThe Market Watch Window
Your command center for monitoring instruments:
Real-time bid/ask pricesSpread informationHigh/Low of the dayTick charts and depth of marketPro Tip: Right-click and select "Symbols" to add or remove trading instruments.
Setting Up Charts
Customizing Your Workspace
Right-click on chart → PropertiesChoose color schemesSet up chart type (candlesticks, bars, line)Save as template for quick applicationAdding Indicators
Insert → IndicatorsChoose from Trend, Oscillators, Volume, etc.Customize parametersApply to chartDrawing Tools
Trend lines and channelsFibonacci retracement and extensionsSupport and resistance levelsText annotationsAutomated Trading with Expert Advisors
What are Expert Advisors (EAs)?
EAs are automated trading programs that execute trades based on predefined rules. They can:
Trade 24/5 without supervisionRemove emotional decision-makingExecute complex strategies preciselyInstalling EAs
Download the EA file (.ex5)File → Open Data Folder → MQL5 → ExpertsPaste the fileRefresh Navigator windowDrag EA onto chartStrategy Tester
Test your EAs before live trading:
Historical backtestingVisual mode for strategy reviewOptimization for parameter tuningWalk-forward testingMobile Trading with MT5
Features Available on Mobile:
Full trading functionalityInteractive charts with indicatorsPush notifications for price alertsAccount history and reportsAvailable Platforms:
iOS (iPhone and iPad)Android (phones and tablets)Copy Trading on MT5
Following Signal Providers
Access the Signals tabBrowse verified tradersReview performance statisticsSubscribe to copy trades automaticallyBecoming a Signal Provider
Register as a providerBuild a track recordEarn commissions from subscribersMT5 Tips and Tricks
Keyboard Shortcuts
F9: New orderF1: HelpCtrl+T: Open/close terminalCtrl+M: Open/close Market WatchCtrl+N: Open/close NavigatorOrganizing Your Workspace
Create multiple profiles for different strategiesUse chart templates for consistencySet up custom indicator shortcutsOrganize symbols into groupsAlerts and Notifications
Right-click on chartSelect "Create Alert"Set price level and notification typeChoose email, push, or sound alertsGetting Started with SR Global FX on MT5
Download MT5 from our platforms pageCreate an account or use demo credentialsLog in with your account number and passwordSelect SR Global FX serverStart trading!Conclusion
MetaTrader 5 is a powerful platform that can enhance your trading experience significantly. Take time to explore its features, customize your workspace, and practice on a demo account before trading live.
At SR Global FX, we provide full MT5 support with competitive spreads, fast execution, and 24/7 technical assistance. Download MT5 today and experience professional-grade trading.
