MetaTrader India

Finally we’ve got an opportunity to try the new trade terminal – MetaTrader 5. No doubt, it is noteworthy and has many new features as compared to its predecessor. The important advantages of this platform among others are:

• Essentially modified language allowing now to use the object-oriented programming, still allowing to use the rich advantages of structural programming.
• The code execution speed, which now is much faster than in MetaTrader 4.
• Essential increase of possibilities for displaying the necessary information.




To view the full article, please visit: http://www.metatraderglobal.com/400/custom-indicators-in-mql5/

A short time ago some traders posted first indicators and scripts for the Metatrader 5 platform written in the new MQL5 language. Two of them are really impressive and show the real power and new possibilities of MQL5.

1. Slideshow Indicator for Metatrader 5 (by Rosh)

This indicator will place custom background pictures behind the chart and rotate them every xx seconds. So now you can create your favorite theme background that maybe will help you to relax during intensive trading sessions.

To view the full article, please visit: http://www.metatraderglobal.com/388/impressive-metatrader-5-indicators/

Analytics is one of the most important components of trading. Based on analytical data, a trader can decide what operation to execute, when to do it and the profit/loss of the trade. The MetaTrader 5 platform offers you wide analytical possibilities!

Charts

Charts constitute a work field for technical analysis. This is where dynamics of security quotes are featured, technical indicators and graphical objects are applied. The number of charts that can be used in a terminal is unlimited, and they can be positioned in any way. This enables traders to adjust their workplaces to their own needs.

Every chart can be individually set up. Traders can use the detailed setup of color schemes, displaying of additional data objects and scaling, which allows the configuration of every chart according to the needs of a certain analytical tool. For example, you can setup the displaying of separators for larger periods, the OHLS line, and the chart scaling for the adequate featuring of Gann tools.

To view the full article, please visit: http://www.metatraderglobal.com/377/analytics-in-metatrader-5/

With the MetaTrader 5 platform installed and time to check its new features. Some traders are excited to already find some of the features they have been looking for since using the old Metatrader 3, such as multiple time frames: it has 2 hrs charts, 8 hrs, 12 hrs etc.

MetaTrader 5 also has a lot more indicators in the base version. Please feel free to share your thoughts and new features you find useful.

To view the full article, please visit: http://www.metatraderglobal.com/259/metatrader-5-beta-screenshots/