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Learn MT5 Gold Trading Software

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

Introduction

File

View

Insert

Charts

Tools

Window Menu

Help Menu

Toolbars

Advanced Topics

How to Place Gold Technical Indicators

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 MT5 chart template or a xauusd system & also how to save a MT5 work space. The same MT5 buttons are also used to load the MT5 chart template on another separate chart. (click on these MT5 buttons to get options on your MT5 Gold Trading Platform)

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 Tutorials

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

The screen-shot below shows the user inter-face of the MT5.

MT5 Gold Software Tutorial - Getting Started with MT5 - Best Online Gold Platform - MT5 Gold Trading Software Trading

MT5 software Workspace

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

The MetaTrader 5 software is installed on a gold trader's PC computer & it's intended to do the following:

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

The MetaTrader 5 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 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 format of real time quotes is then interpreted using technical tools provided for within this online trading platform.

This is a free gold platform that is provided for by online gold brokers. You can download the platform from online brokers web sites, once you download it, you should then setup & setup the platform on a Desktop PC computer which has an inter net connectivity and then connect to your xauusd broker & begin receiving streaming quotes.

The MT5 has different window & 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, MT5 tool bars for attaching indicators & the main menu bar used to navigate the platform.