Analytics

Technical indicators and objects are built into the terminal for analytical purposes. They are attached directly to the chart and allow to forecast further price changes. Indicators are attached automatically, while objects are applied manually. That is why when working with objects, it is important to correctly draw them. On the other hand, parameters of indicators can be set up manually as well. Technical indicators can have different settings for different symbols or periods.

The use of technical indicators and objects allows reasonable opening and closing of trade positions, placing and modifying of pending orders. Besides, using of analytical tools allows performing systematic trading activities thus reducing the influence of human emotions. Along with built-in technical indicators, custom indicators written in MetaQuotes Language 5 (MQL 5) can be used for analytical purposes.

In addition to the analysis tools described above, the client terminal provides you with the economic calendar, where traders can observe different macroeconomic indicators. All the events of the calendar can be displayed on a chart. It allows analyzing their influence on the price movement and forecasting its future direction.