Find the best MetaTrader5 forex brokers reviewed by Trading Pedia. If you are looking for a well-equipped working tool that will allow you to trade on financial markets, then why don’t you take a look at Meta Trader 5 Trading platform? It has everything a trader needs. All necessary tools have been implemented.
They will allow you to analyze different prices and their dynamics as well as use lots of automated trading programs also known as expert advisors. If we have to describe the platform in few words, we would say it is all-in-one concept simply because it combines all the features you need. And the best part is you will not only work with Forex markets, but you will also be able to trade stock markets, futures and options.
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There are more than 82 tools that are implemented on the MetaTrader 5 Forex. Such tools are; technical indicators showing the important information as well as graphic objects that will help you make the right decision. You can customize the look in a way you want – there are more than 21 timeframes and therefore – more than 100 charts that are available for opening.
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Any trader can easily use the free of charge code base, or you can create your own technical indicator if you are feeling like you have the needed knowledge. This can be done via the new MQL5 development environment. You can even create expert advisors which are actually trading robots that will help you with calculations and different strategies and their eventual success.
There are 4 types of order execution you can take advantage of – request, instant, exchange and market execution. All of them are available with stop and pending orders. Having such a great diversity of order types means that you will be able to test many strategies and eventually increase your own profit.
As a conclusion we should say that in case you are looking for flexible and full-fledged trading activities, Meta Trader 5 Forex Platform is the one you have been looking for. Thanks to its powerful arsenal of tools and indicators you will be able to do anything with a simple click of the mouse.