Friday, 20 November 2009

Enhanced Indicators and Expert Advisors


Meta Trader 5 (MT5) is the next generation trading platform which will enhance the trading experience. MT5 is not just an upgrade as it has been completely rebuilt from scratch. More analytical tools are available including more chart types, 38 built-in indicators, 39 graphical objects and a large variety of MQL5 indicators, with capability to combine these tools to build indicators on indicators.


Advantages of MT5 include:

• High performance and outstanding working speed;

• 3 chart-types, 21 timeframes and over 70 analytical tools;

• 5 order types and 4 execution modes available for trading;

• ability for trading operations on different markets (forex, options, futures and stocks);

• Advanced built-in reports on all trading activities;

• MQL5 development environment with new IntellySence system and more advanced strategy tester.


Expert Advisors (EA) in MT5

Meta Quote Language 5 (MTQ5) allows easier and quicker use of EAs and custom indicators as it allows high speed of execution at around 10 time faster than it's predecessor, allowing more complex EAs to be built, able to process larger amounts of data and obtain more precise forecasts.