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BTC
USD
64,138
EUR
55,078
GBP
46,439
BTC
USD
64,138
EUR
55,078
GBP
46,439
BTC
USD
64,138
EUR
55,078
GBP
46,439
BTC
USD
64,138
EUR
55,078
GBP
46,439
BTC
USD
64,138
EUR
55,078
GBP
46,439
BTC
USD
64,138
EUR
55,078
GBP
46,439
BTC
USD
64,138
EUR
55,078
GBP
46,439
giant
Author: giant

MetaTrader 5 Help

MetaTrader 5 Help


Open Deriv , Binary account here👇🏿👇🏽
https://record.binary.com/_a_gq1w0BG0C6tyDIijdDK2Nd7ZgqdRLk/1/

For instant Deposit & withdrawals use this app
https://play.google.com/store/apps/details?id=com.deriv.dp2p
Binary local Deposit & withdrawal Agents.

Download MT5 Trading platform for Charts on your phone or laptop.
https://play.google.com/store/apps/details?id=net.metaquotes.metatrader5

 

The trading platform provides a simple and user-friendly interface. All commands can be accessed from the main menu, and the most frequently used ones are available on the toolbar. Quotes are displayed in Market Watch, while from the Navigator you can manage technical analysis and algorithmic trading tools.

Key Elements of the Platform Interface

How to Open a Demo Account 

Demo accounts provide the opportunity to work in a training mode without real money, allowing to test a trading strategy. To open a demo account you need to select a trading server and specify registration data.

To open an account, select the server and specify registration data

After you have opened an account, the platform connect to a server. You can now work in the platform.

How to Make the First Trade 

On the demo account, you can practice you trading skills without risking real money. Try to make your first trade.

Select a financial instrument in the Market Watch window, open its context menu, and click “New Order.”

To execute a trade, click New Order, then Buy or Sell

To execute a Sell trade, click “Sell”. For a Buy trade click “Buy”.

On Mobile Phone

Enter Your Mt5 Number From Your Account

Take Profit 

The Take Profit order is intended for gaining the profit when the security price reaches a certain level. Execution of this order results in the complete closing of the entire position. It is always connected to an open position or a pending order. The order can be requested only together with a market or a pending order. This order condition for long positions is checked using the Bid price (the order is always set above the current Bid price), and the Ask price is used for short positions (the order is always set below the current Ask price).

Stop Loss 

This order is used for minimizing losses if the security price moves the wrong direction. If the security price reaches this level, the entire position is closed automatically. Such orders are always associated with an open position or a pending order. They can be requested only together with a market or a pending order. This order condition for long positions is checked using the Bid price (the order is always set below the current Bid price), and the Ask price is used for short positions (the order is always set above the current Ask price).

If during Take Profit or Stop Loss activation the corresponding market operation cannot be executed (for example, it is rejected by the exchange), the order will not be deleted. It will trigger again at the next tick corresponding to the order activation conditions.

Trailing Stop 

Stop Loss is used for minimizing losses if the security price moves the wrong direction. Once a position becomes profitable, its Stop Loss can be manually moved to a break-even level. Trailing Stop automates this process. This tool is especially useful during a strong unidirectional price movement or when it is impossible to monitor the market continuously for some reason.

Trailing Stop is always associated with an open position or a pending order. It is executed in the trading platform rather than on the server like Stop Loss. To set a Trailing Stop, select “Trailing Stop” in the context menu of a position or an order in the trading  tab:

To enable Trailing Stop, open the context menu of a position and specify its value

Select a necessary value of a distance between the Stop Loss level and the current price.

For each open position or pending order only one Trailing Stop can be set.
giant
Author: giant

Comment(1)

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