In spite of going through various trading platforms, are you still not comfortable with the one you are using at present? Do you face problems while conducting technical analysis? Well, it’s time that you change your forex trading platform. Modern traders looking for a successful profitable trading need to consider switching to MetaTrader 5 download for windows.
With the remarkable success of MetaTrader 4, MetaQuotes launched the successor of this platform with various additional features. The MetaTrader 5 is a one-stop platform with advanced charting programs and analytical tools. This multi-asset platform offers excellent trading possibilities and technical analysis tools, along with copy trading. Not only can traders use this platform for currency market, but for Futures, Stocks and CFDs too.
Features of MetaTrader 5 download for Windows:
Flexible Trading System
Users can avail the hedging option too along with the prevalent netting system. It follows the MetaTrader 4’s four types of operational execution- ‘Market, Request, Instant and Exchange’. Along with these, the new platform combines an innovation of the ‘glass tool’ too.
Professional Tools for Technical Analysis
The software provides some amazing analytical tools like-
Opens up to 100 charts of currency and stocks together at a time
Ability to have comprehensive detailed analysis with 21 time-frames
More than 80 technical indicators and tools
Traders can create their own technical indicators with MQL5, the programming language of MetaTrader 5 Windows software. Thus, along with the above tools, one is assured to have the best technical analysis.
With news reports of various international news agencies being transmitted directly into your platform, you can easily conduct fundamental analysis of financial instruments. With the help of the economic calendar, traders can assess the impact of various indicators on financial instruments.
Copy Trading and Trading Signals
MetaTrader 5 download for windows allows its users to subscribe to a signal of a successful trader. The software will show all trades of that trader directly on your account. Traders can even choose from various free and paid signals to use for their demo and real accounts with desired risk level and profitability.
The MetaTrader market offers various trading applications for the users to choose from. These apps have hundreds of trading robots and technical indicators. Avail the trial version of these products to choose the best for your forex trading.
With the VPS feature, you can trade even when your computer is switched off. With a few clicks, you can virtualize your trading platform by running it with a remote server.
Advantages of using MetaTrader 5 Windows
With the ‘Market Depth’ facility, you can assess the quotations of various securities- the volume of securities that you can avail at a price.
Unlike the previous version, traders can place up to 8 orders through this software. These orders can be both pending and postponed. Traders are allowed to place orders like-
Buy stop limit
Sell stop limit
Traders can have better testing through the ‘Strategy Tester’ option of MetaTrader 5 download for windows. Traders can have advanced testing of a newly programmed indicator or expert systems before using it for real trading. One can even compare the results of various Expert Advisors.
The accessibility to 9 additional techniques for structuring charts with focus in a range of 1-10 minutes, traders can even have scalping techniques.
With such amazing features and advantages, MetaTrader 5 is a must-have for traders looking for better platforms. Quickly have MetaTrader 5 download for windows and make way for a successful profitable trade.
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The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.