quick guide metaquote client metatrader 5...
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QUICK GUIDE METAQUOTE CLIENT METATRADER 5 PLATFORM Indonesia Commodity & Derivatives Exchange
MT5 CLIENT PLATFORM GUIDE FOR PC & LAPTOP VERSION
1. Download & Installer MetaTrader5
➢ MetaTrader 5 allows Trader clients to monitor financial markets
anytime and anywhere in real time, as well as buy or sell transactions
quickly, without intermediaries and transparency in conducting
multilateral trading transactions. This software is the best electronic
trading platform and is the most widely used by trader clients
throughout the world.
➢ The MT5 client platform application is very easy and fast to download
on the metatrader website
(https://www.metatrader5.com/en/download) and can be saved and
installed the MetaTrader 5 platform on a PC or Laptop. MetaTrader 5
terminal client can be operated in the Microsoft Windows 2003 / XP/
Vista / 7 / 8 / 10 operating system.
➢ After downloading, it can be installed and follow the instructions
directly on how to install the MetaTrader5 client application on the
desktop on PCs & laptops. Continue with the installation process
according to instructions, Wait for it to finish.
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➢ Client can use the Metatrader 5 client terminal trading system
application on a PC to make trading transactions on ICDX.
➢ Input logins ID, passwords and also IP addresses that correspond to
providing information from the broker to the client.
➢ The client can log in and make transactions on the MetaTrader 5
terminal client on a PC or Laptop.
Overview MetaTrader 5 Terminal Client
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2. Menu and Toolbar MT5
To be able trade, the Client needs to recognize several main menu and
important windows information in MT5 as follows:
1. Market Watch
➢ It located on the left side bar of MT5, Market Watch displays all currency
pairs traded on the MT5 trader Client platform, along with their Bid and Ask
prices.
➢ To open or close Market Watch, use the shortcut (Ctrl + M) or click the
Market Watch icon under the Insert menu bar.
2. Chart Window
Charts can visualize the dynamics of fluctuating movements of financial
prices rise and fall in a predetermined time period. Charts can be used in
technical analysis, for Expert Advisors operations.
➢ Chart Window is a window that displays the movement of contracted
products in graphical form. By default, you will find four different
windows chart that display the four parts of each of the top contract
products on the market watch.
➢ To replace the displayed contract product, drag-and-drop your
contract product pair choosen from Market Watch to one of the chart
windows that you want.
➢ In displaying market price movements, there are three types of charts
offered, namely Bar, Candlestick, and Line charts. You can replace it
by selecting the menu on the toolbar or using the Alt + 1 shortcut for
the Bar, Alt + 2 for the Candlestick, and Alt + 3 for the Line chart. You
can also change the color of the chart by right-clicking on the chart
window and selecting the properties menu, or using the F8 shortcut.
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Chart tool in window Toolbar menu can modify several window chart
details.
A. Modify the chart in the form of a Bar chart
B. Modify the chart in the form of Candlestick charts
C. Modify the chart in the form of a Line chart
D. Modify to enlarge the chart window size
E. Modify the chart to reduce the size of the chart window
F. Modify the chart to divide several windows chart into sections.
G. Modify the chart by directing the window chart to the front
H. Modify the chart by directing the window chart towards the back
I. Modify the chart by directing the window chart graph towards the
back to save the modified window chart display
3. Navigator
It located below Market Watch, the Navigator window provides quick
access to various menu and terminal functions on MT5. There are four
main categories in the Navigator, namely Accounts, Indicators, Expert
Advisors, and Scripts..
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Follow the information and functions in the Navigator window:
A. Account
Contains information and list of trading accounts active. You can use this
menu to replace, delete and add new trader accounts, both demo and
real.
B. Indicators
Through this menu, you can set, turn on and off various indicators
available. There are four categories of built-in indicators namely Trend,
Oscillators, Volumes, and Bill Williams.
C. Expert Advisors
Expert Advisors are computer programs for controlling automated
analysis and trading processes. Setting Expert Advisors parameters can be
done by clicking F7 on the Chart Window, selecting the Inputs tab, and
changing the desired value.
D. Scripts
Unlike the Indicators and Expert Advisors that work continuously, once
activated, Scripts will run only the program once.
1. Terminal
Located at the bottom of the window MT5, the terminal is a
multifunctional window that displays important information about the
current trading and market conditions. You can bring up the window
Terminal with the shortcut Ctrl + T.
Window terminal has various sub-menus arranged in tab form, namely
Trade, Exposure, Account History, News, Alerts, Mailboxes, Market,
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Signals, Code Base, Experts, and Journals.
1. Toolbars
MT5 has many toolbars that can be accessed via menu. However, when there are
several active toolbars located under the menu bar, namely the Standard toolbar,
Charts, Line Studies and Time Frames. The Standard toolbar contains icons to
activate Market Watch, Navigator, etc. The Charts toolbar displays options for
Window chart settings. While Line Studies and Time Frames manage a number of
other advanced functions.
A. Create a new chart window
B. Make arrangements in compiling an active Account
C. Displaying multilateral product symbols on market watch
D. The language settings you want to use on MT5
E. Register a virtual server
F. To activate the signal on an active trader's account.
G. To activate Automatic trading on an active account.
H. To send new prices to the bid (buy) or ask (sell).
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3. How to do transactions in MT5
➢ To trade, click right on the chart area, look for the 'Trading' menu and
select 'New Order' until the Order window opens. There, you can see real-
time price movements on the chart, complete with selling points (red
graphs) and buying prices (blue charts).
➢ Before placing an order, you also need to enter the transaction volume
that you want to do, with a minimum volume of 1 lot. Put simply, the
volume of this transaction is a factor that multiplies the price of your
transaction to a price change of 1 pip
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For example,
If you take a EUR / USD buy position of USD 10,000 at the price of 1.1160 then
the price moves up to 1.1180. If you close a position at the price of 1.1180,
then:
Total profit / loss = (close price - open price) x contract per lot = (1.1180 -
1.1160) x 10,000 = USD 20
Depending on your trading position, this price movement can be profit or loss.
With reference to changes in prices, it can be seen that the market is in an
upward state. So you will get a profit of USD 20 if the transaction is in a buy /
long position, or experience a loss if the transaction is in a sell / short state.
➢ A part from going through the window order, you can also make transactions
faster using the One Click Trading feature. To activate this feature, click
right on the chart area and select One-Click Trading & use Market Depth
➢ To activate this feature, click right on the chart area and select One Click
Trading or Depth of Market
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➢ You can also place a Pending Order or a scheduled transaction by
selecting Pending Order on the drop down menu in the window order.
➢ All orders are registered successful and will be recorded in the Trades
tab in the Terminal window. There, you can see price movements as well
as profit and loss from these transactions.
➢ To close a transaction (close position), click right on the Trades
transaction list window and select Close Order, or by clicking on the cross
at the right end of the transaction list.
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4. Type of Order: Market Execution or Pending Order
➢ You can bring up the Window order in 2 ways, click New Order on the
standard toolbar or by double-clicking the desired product symbol in the
Market Watch column
➢ Then in the order window that appears, select the type of order that
you want whether Exchange Execution (Buy at Ask Price or Sell at Bid
Price) or with pending order (Queue Buy at Bid Price or below, or Queue
Sell at Ask Price or on).
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4. Status Equity, Margin and Profit & Loss
➢ Tab Trade in the window toolbox. Contains information about the latest
status of the client account, about open positions and pending orders
(limit type orders) that are inputted to the market. All open positions
for each product will be ordered according to the time of input orders,
and orders can be sorted according to any conditions. There is
information about the current balance from the client account. You can
see to take of the product transaction price, fee, lot volume, stop loss (S
/ L), Take Profit (T / P), swap, profit and loss from the transaction.
➢ Tab Exposure in the window toolbox contains summary information
about the state of the asset by all open positions.
➢ Tab History in the window toolbox contains information on all client
transaction activities, which are filled status (deals status), buy and sell
offer prices, filled & order prices.
➢ Tab Journal in the window toolbox contains all data about the actions
recorded from the trader account and terminal client transaction
activities including all trading order operations, offers, buy and sell to
deal / filled status.
5. Help for usage guidelines (Help?)
The "Help" window page is an MT5 client help file that contains a detailed
description of using each menu function, tool or instructions on how to
trade. This help page is a "User guide" to explain all the settings and
functions of the MT5 Terminal client. How to display it by pressing the F1
key on the keyboard.
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