MetaTrader 5

The developer of MetaTrader platform, MetaQuotes Software Corp., company by Autumn 2009 is planning to release a new version of the platform – MetaTrader 5. In the new version of the trading platform reliability and execution speed improvement as well as considerable extension of functionality are expected.

METATRADER 5 ADVANTAGES

MetaTrader 5 will offer much wider trading possibilities as compared to MetaTrader 4:

Working in various markets – Forex, Stock, Futures

Trading platform MT5 allows to process traders Foreign Currency Transactions in various financial markets, including stock markets. In the new terminal in addition to «Market Watch» window it is added so-called «Forex Glass», a tool which is necessary for successful work in the stock markets.

MetaTrader 5 - 5 order types

In MetaTrader 5 trading terminal such notions as «order», «position» and «trade» were changed. A position is a total state of transactions on a certain financial tool. Order is a request to execute a trading operation. The result of such operation can be a trade.

New kind of orders execution– «Exchange»

MetaTrader 5 Terminal supports 4 types of operation execution: Market, Request, Instant and Exchange. The new execution type «Exchange» is meant to process trade operations with stock tools.

New trading reports

For the convenient and quick analysis of trading activity advanced reports will be built in the terminal. They will give possibility to follow not only initial and final deposit values but also a number of other indicators, as for example Z-score, GHPR, Profit Factor and others.

Large analytics opportunities

As tools of technical analysis MetaTrader 5 will offer the following analytical tools:

- 21 timeframes;
- 39 graphical objects;
- 38 technical indicators;
- 4 scaling modes;
17 styles of displaying of Client indicators.

LANGUAGE MQL5

In MT5 a new version of MQL language - MetaQuotes Language 5 will be used. As compared to MQL4, MQL5 language will have faster execution speed in comparison with MQL4, and will allow to use more complex experts and to process large amounts of the information. In October 2009, an open beta testing of MetaTrader 5 platform started out, which is going to be steb-by-step and last for about half a year as said by the developers. The Clients of FOREX UKRAINE Company certainly will have an opportunity to work on a new trading platform after its official release. The information concerning any changes will be placed on Company News page.