Introduction to MetaTrader 5 Platform Interface

The following screen shot below shows the main MT5 energies trading platform interface. As a beginner trader trying to learn how to execute energies orders in the online energies market, the main tool for trading the energies market is the MT5 energies trading platform software. This MetaTrader 5 energies trading platform is the software which you'll connect to your energies broker with and execute energies trade transactions and monitor your energies MetaTrader 5 account balance from this MetaTrader 5 platform.

The Energies Trading MT5 Platform software is provided for free through the various energies broker web sites. This MT5 energies trading software looks like the energies example illustrated and explained below:

The Main Areas of this MetaTrader 5 energies trading platform as shown above are:

1. MT5 Navigation Menus
2. Toolbars
3. MT5 Energies Trading Chart Window
4. MT5 Navigator Panel
5. MT5 Market Watch Window
6. MT5 Terminal
7. MT5 Connection Bars

For this MetaTrader 5 tutorial we shall look at a brief introduction for each of these learn energies MT5 Energies Trading Platform:

1. Navigation Menus

The MT5 navigation menus are:

1. File
2. View
3. Insert
4. Charts
5. Tools
6. Window
7. Help

These are the main MetaTrader 5 navigation menus which can be used to navigate the MT5 software. As a beginner trader you can start by just clicking any of these MetaTrader 5 navigation menus to familiarize yourself with the various MetaTrader 5 buttons that are arranged as MetaTrader 5 sub menus within these MetaTrader 5 navigation menus.

These MetaTrader 5 navigation menus will be discussed in details in the next MetaTrader 5 tutorials about navigation menus.

2. Tool Bars

The MetaTrader 5 tool bars are used to manipulate MetaTrader 5 energies charts, either by placing MetaTrader 5 indicators, MetaTrader 5 line studies, change MetaTrader 5 energies chart timeframes and load MetaTrader 5 chart template from a list of saved MetaTrader 5 chart templates.

These MetaTrader 5 tool bars will be discussed on other MetaTrader 5 tutorials that will outline each MetaTrader 5 button on this MetaTrader 5 tool bar and how to add and customize these MetaTrader 5 tool bars.

3. Chart Panel

This MetaTrader 5 energies chart window is the main area where MetaTrader 5 energies charts are displayed and a trader can analyze the energies trend direction of a MT5 energies chart whether up or down, place MetaTrader 5 energies chart indicators for energies technical analysis & even place orders from these MetaTrader 5 energies charts.

4. Navigator

MT5 Navigator will contain information about MetaTrader 5 trading accounts, whether practice or real, this MetaTrader 5 window will also have a list of all the MetaTrader 5 technical indicators as well as MetaTrader 5 Automated Energies Trading Expert-Advisors and scripts.

A trader can select which MetaTrader 5 account to login by expanding the Accounts menu, choose a MetaTrader 5 indicator by expanding the MetaTrader 5 indicator menu or choose an MetaTrader 5 Automated Energies Trading Expert-Advisor by expanding the Automated Energies Trading Expert-Advisor menu.

5. Market Watch

MT5 Market watch is used to show streaming energies quotes for MetaTrader 5 energies instruments. This can list as many quotes provided by your MetaTrader 5 energies broker or a few chosen by a trader. To save inter net bandwidth, right click inside the MetaTrader 5 market watch window and select 'Hide All', so as to hide the MT4 symbols that you are not transacting on this MetaTrader 5 Energies Platform and save on inter-net band width.

6. Terminal

This is the MetaTrader 5 window that is like the bank MetaTrader 5 account transaction area for your MetaTrader 5 energies trade transactions, on this MetaTrader 5 window you can view your MetaTrader 5 account balance, profit and losses statement, equity, margin used also retrieve a copy of all your MetaTrader 5 energies trade transactions history.

This MetaTrader 5 window will also list all open energies trade transactions and calculate all the profit & loss in real-time as a energies charts move up or down.

7. Connection Bar

MT5 connection bars - Red bars are for no connectivity, green bars show that there's connectivity to the servers and MT5 energies trade orders can be placed. These MetaTrader 5 connection bars should always be green when one logged into their MetaTrader 5 practice MetaTrader 5 account or MT5 live account.

These MetaTrader 5 Energies Trading Platform main areas form the MT5 Energies Trading Software interface and will be the main areas to be covered in detail in next learn MetaTrader 5 tutorials. For now it is best to download MT5 Energies Trading Platform software and familiarize yourself with the MetaTrader 5 software interface.

Why Energies Trading Software is Required for Placing Energies Transactions with Energy Trading Brokers

Energies trading platform is the software which is used to access the energies market & analyze these energies price movements using energies charts and energies technical analysis tools. There are various reasons why a trader requires to use a good energies platform. A good energies platform can determine if a as a trader you make profit or not.

So why does a trader need a good Energy platform:

To connect to the Energies Trading Broker Trading Server:

To place a energies trade order a trader needs to use a energies platform that will connect to the trading servers of their energies broker and this will allow them to open and close energies trade orders. Good energies platforms will connect with ease to the brokers' servers and allow energies traders to place energies orders at any time from their desktop computer.

To analyze energies charts using technical analysis tools

To place a buy or sell energies order one needs to first interpret the direction of a energies instrument using energies charts. This is why all good energies platforms provide energies technical tools such as energies price charts, energies technical indicators & various different chart timeframes from which trader can analyze energies price moves using the energies chart timeframes of their choice.

From the above energies platform inter-face, the summary of all information required by a trader is provided on this MetaTrader 5 Energies Trading Platform interface

• Connection - connection to the broker servers
• Charts - energies price graphs that display energies prices
• Toolbars - MT5 tool bars to add tools and energies technical analysis indicators on energies charts
• Market Watch - for displaying available financial instruments on MT5 Platform
• Data window - provides MetaTrader 5 energies account data and other energies trading indicator data
• Exchange rates - shows current market energies price on a energies chart
• Menu bar - Shows all menu items on the MT5 Platform