All commands are accessible from the main menu bar, which includes the following tabs: file, view, insert, charts, option, and help. These functions help you to settle your charts with indicators, other analytical tools, and various platform settings to create your own personalized trading environment.
Below the main menu, you can find different built-in toolbars that will duplicate some of the commands and functions you can find in the main menu. The toolbars are customizable, allowing you to change chart timeframes, chart types (line chart, bar chart, candle chart…) and more.
On the left of the chart, you can also see the Market Watch section, where prices of selected financial assets such as EUR/USD, GBP/USD, gold and crude oil are displayed. This section can also provide other information, such as details and specifications of financial contracts, as well as one-click trading options.
Below your chart(s), you’ll find a toolbox section where you can follow the evolution of your open trading positions, as well as your pending trading orders, and modify them when needed (stop-loss, take-profit, limit prices, etc.). This multifunctional window can also be used to access other information that can be useful to your trading, such as account history, alerts, news, internal mailbox, expert journals, and much more.
Easy, right?
As you can see, MetaTrader 5 interface is quite simple to use and provides all necessary trading tools and information to start trading the markets. There are different menus, toolbars, as well as service windows within a single highly customizable and convenient user interface that will simplify your trading.
Do you want to place your first order? It’s easy! Follow these simple steps.
1) Once you’ve selected your financial instrument, right click on it in the Market Watch window.
2) Select “New Order”.
