MT5 Gold Trading Software Tutorial
MT5 Data window shows information about a xauusd price, for a specified candlestick period. For example the trading charts below, shows how to select the data window from the view menu options.(Ctrl+D is the shortcut key for displaying the data window without having to access it from the view menu)
Data Window - MT5 Gold Trading Software
Once the data window is selected it will display, the following information about a xauusd price.
The following data for xauusd trading is shown:
- gold trading instrument
- Date
- Time
- Open Gold Price
- High
- Low
- Close Gold Price
- Volume
This data will show information for a particular candlestick, by scrolling your mouse over the gold candlesticks on a Gold Trading chart this data will change to reflect the xauusd price candlestick that the mouse has pointed at.
The data widow is not popularly used in the MT5 Gold Trading Platform as compared to the other MT5 Gold Chart windows. However as a gold trader you can use this data window to extract and display information and data about any xauusd price candlestick and the xauusd prices associated with this candlestick such as the opening xauusd price data, closing xauusd price data and high and low of xauusd price.
Because most traders can obtain this information directly from the charts, then the gold traders may prefer to use the information that is readily available on the Gold Trading chart within the MT5 Gold Trading Platform software interface.
Another method to get this data is to use the Cross Hair Mouse Pointer, To get the Cross Hair Mouse Pointer a gold trader only requires to press down and hold down the wheel mouse button and the cross Hair will appear. If your mouse does not have a wheel button, please go and buy another one so that you can trade the MT5 cross hair. And from this Cross Hair a gold trader can get the xauusd price data as shown below.
Cross Hair Tool - MetaTrader 5 Gold Trading Software
From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show xauusd price of the gold trading at that particular point on the chart. The Open, High, Low, Close and Volume as well as Date is Shown Just below the Charts tab at the bottom of the MT5 Gold Trading Software, Marked as O: H: L: C: V: therefore the cross hair is a shortcut method of viewing data instead of going to the Data Window of the MetaTrader 5
a gold trader can even click one point, hold down the mouse and move the mouse to another chart point to measure the pip movement of xauusd price from point a to point on the Gold Trading charts in the MT5 Gold Trading Software as Shown below.
Using Cross Hair Tool to Measure Pip Gold Price Movement
Cross Hair Data Tool on MT5 Software