Charts in the MetaTrader 5 Trading Platform

MetaTrader 5 charts are used for illustrating the changes in symbol prices, enabling technical analysis and utilizing Expert Advisors. This allows traders to detect symbol quotes in real time and respond instantly to any changes in the financial markets (Forex, Stock, Futures & CFD) .

Charts in the trading platform include a variety of different settings, so that traders can customize and adapt them to their personal needs. MetaTrader 5 supports three types of charts: line, sequence of bars and Japanese Candlesticks. You can set a separate color for any item in the chart to create the most comfortable workspace for long-term work.

The trading platform provides also access to various chart templates and profiles, which makes working with charts even more comfortable. Templates allow saving color schemes and applying analytical objects on a chart, while all open chart templates can be saved in the profile. Use the templates and profiles to easily and quickly restore the working area of your platform whenever such automation is considered necessary.

There are 21 timeframes, from one-minute to one-month, available in MetaTrader 5 so that traders can choose the type of quote visualization that best suits their trading system. Moreover, it is also possible to set up visualization of additional information (tick volumes, last price and OHLC lines and others) that will help simplify trading and technical analysis.

The tools provided by MetaTrader 5 charts can be widely used for analytical purposes. They offer traders dozens of built-in technical indicators and graphic objects including the most popular analytical tools.

The analytical objects can be located in separate sub-windows or in the symbol chart. An unlimited number of analytical tools can be applied to the chart to help analyze stock quotes dynamics from various perspectives.

Finally, it is possible to construct charts based on other indicators' data. For example, traders may apply Bulls Power together with Bears Power on the chart and smooth the data using the Moving Average.

In a few words, MetaTrader 5 offers the widest opportunities for convenient and full-fledged market analysis. Download the platform and test this brand new functionality!

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