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Learn MetaTrader 5 Gold Trading Platform

The following tutorials explain how to use the MT5 Gold Trading Platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained and make it easier to learn about this online gold trading platform.

Introduction

File

View

Insert

Charts

Tools

Window Menu

Help Menu

Tool Bars

Advanced Topics

How to Place Gold Technical Indicators

The most popular search is how to save a MT5 work space in MT5, or how to save a system/MetaTrader 5 chart template. Before starting the tutorial, the screen shot below shows how to save a MetaTrader 5 chart template or a xauusd trading system and also how to save a MT5 work space. The same MetaTrader 5 buttons are also used to load the MetaTrader 5 chart template on another separate chart. (click on these MetaTrader 5 buttons to get options on your MetaTrader 5 Gold Trading Platform)

Save a MT5 Platform Work Space in MT5, Save a Trading System Template - MT5 Platform Tutorial - Getting Started with MT5 - Best Online XAUUSD Trading Software

How to Save a MT5 Work Space, How to Save a Template - Gold Trading Platform Trading Tutorials

The MetaTrader 5 is part of the online xauusd market. The MT5 software is installed on a client's computer.

The screenshot below shows the user interface of the MetaTrader 5.

MetaTrader 5 Tools and Charts - MT5 Gold Trading Platform Tutorial - Getting Started with MetaTrader 5 - Best Online Gold Trading Software - MetaTrader 5 Gold Trading Software Trading

MetaTrader 5 platform Workspace

According to gold trading platforms reviews, MT5 is the most widely used gold trading platform. This is because it is easy to learn and can do the following tasks.

The MT5 software is installed on a gold trader's computer and it is intended to do the following:

  • Plot graphical Information about exchange rates in the form of a grid/chart
  • Receive streaming exchange quotes from the gold brokers
  • Perform transaction operations: buying and selling
  • Show the open trade transactions and orders within the gold trading platform workspace
  • Perform gold trading analysis
  • Testing of strategies on practice demo xauusd trading accounts
  • Programming of custom indicators and Automated Gold Expert Advisors for the purpose of automated gold trading.
  • Provide statements of transaction history and a summary of profits/losses.

The MT5 online gold trading platform which is also known as MetaTrader 5, is designed to provide technical tools that can be used by Gold traders to make buy or sell decisions. This gold trading platform provides online quotes and streaming data about xauusd price movement drawn in the form of xauusd price charts. This information is delivered directly to the MT5 Gold Trading Platform interface. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this online trading platform.

This is a free gold trading software that is provided for by online gold brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a computer that has an internet connection and then connect to your xauusd trading broker and start receiving streaming quotes.

The MT5 has different windows and chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to draw gold trading graphs to the xauusd market data window, MetaTrader 5 tool bars for attaching technical indicators and the main menu bar used to navigate the platform.