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1 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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Page 1: QUICK GUIDE METAQUOTE CLIENT METATRADER 5 PLATFORMgofx.co.id/downloads/QUICK_GUIDE_MT5_CLIENT-ENG.pdf · 2020-03-23 · Signals, Code Base, Experts, and Journals. 1. Toolbars MT5

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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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