MT5 Market Watch Window For Currencies in MT5 Software
The market watch window in MetaTrader 5 is used to display an array of Forex quotes for currency pairs. To access this display of currency pairs on the MT5 a trader should go to the view menu as displayed and shown below and select Market Watch Window by Clicking on it. (The Ctrl+M is the short cut for accessing this popup window as shown and displayed below, by pressing this shortcut, you can enable market watch panel window without going to 'view' menu)
Market Watch Window
Once a trader selects the market watch window, the following window panel will pop-up showing a list of Forex pairs available for trading.
As a trader you may also want to trade a currency pair that is not listed on this list. For example, on the above list only 5 currency pairs are displayed. To get the other symbols that aren't listed, you can right click inside this market watch window as shown and illustrated below & the following window pop up will appear.
To explain a list of other symbols, choose 'Show All' button key, this will then display all available pairs.
To Save Internet Bandwidth, (Especially if you're using mobile trader, or pay per MB internet)
To save bandwidth select a list of all the currency pairs you will be trading, say example, ten pairs, after selecting these, then select and click 'Hide All' button, this will hide all pairs that you don't need to trade & will save you a great amount of internet bandwidth.
Even if you don't want to save band width, you can select the option to 'Hide All', this will save computer processor resources and RAM, especially for brokers that provide hundreds of currencies and financial instruments, there no need to have all these 100 or 200 instruments streaming on your platform after all you need only about 10 streaming quotes or a few financial instruments to trade. You can always 'Show All'>>> Select a new pair by opening a chart, >>> Then hide all, your new selected ones will be added on this minimized list.
Other Market Watch Options
Shown Below is an explanation of each market watch window panel, Download MT5 and click the MT5 buttons below to get an illustration of the explanations made below.
Symbols Options - Symbols option can be used to also add or hide a pair based on a group of currencies. You can download MetaTrader 5 and click symbols to see how you can add or remove currency pairs using This MT5 option.
Sets - A set of grouped currency pairs, e.g. Majors or crosses
High/Low - Displays the high and low of the day next to the quote
Time - Displays the current time of day next to the quote
Auto Arrange - Automatically arrange according to the selected order
Grid - Add or Remove Grid on the Price Quotes
Popup Prices - Show prices as a Pop Up Window within the MT5 Platform.
