MetaTrader 5 Beta Testing

MetaTrader 5 is at the stage of public beta testing.

Please join the testing, and help MetaQuotes to improve the new client terminal for Forex, CFD and Futures, as well as equity markets.

To download MetaTrader 5, please visit http://www.metatraderglobal.com/metatrader-5-download/

To read more about the MetaTrader 5 beta, please visit http://www.metatraderglobal.com/183/public-beta-testing-of-the-metatrader-5-terminal/

In MetaTrader 5 the history of quotes is stored only in M1 format (from 1993, before – D1 format) and all the charts are built based on it. When the terminal is first installed, the history is empty. The history is stored in \MetaTrader 5\Bases\Default\History\”currency”\ folder and has the .hcc (uncompressed) format. The history is transferred from the MetaQuotes’s server in a space-efficient archive format of data storing so for example the 10 years 1-minute history of quotes for GBPUSD takes around 10-13 megabytes, uncompressed around 100-150 megabytes.

In order to download all history for a selected currency and show it on the chart, first open the options menu, then charts and select “unlimited bars in chart” option.

To view the full article, please visit: http://www.metatraderglobal.com/394/quote-history-in-metatrader-5-mt5/

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/

Recently, Alpari Russia announced the upcoming availability of MetaTrader 5 for its clients. Real trading accounts will be available after the general public beta testing of MetaTrader 5. As we know, the new version of MetaTrader will allow to trade not only forex but options, futures and equities. This means that brokers who offer trading in such financial instruments can also use MetaTrader 5 as their trading platform.

To view the full article, please visit: http://www.metatraderglobal.com/244/first-broker-to-use-metatrader-5-alpari-russia//