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November 22, 2021 DEV.FXTradium

Advantages of Metatrader 5

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Now the development environment can be launched directly from the terminal, and new programs automatically appear in MetaTrader 5.

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Several limitations of MQL4 have been eliminated in a new language and the number of functions and graphical objects has increased.

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Exness has opted for the hedging mode system of the MetaTrader 5, which allows traders to have multiple positions for a trading instrument, including exact opposite ones.

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All charts are created based on one-minute intervals, which allows up to 21 timeframes to be used simultaneously and the quotes history to be stored in a compact form.

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Traders can take advantage of an inbuilt economic calendar on MetaTrader 5, with news events, expected impacts, and forecasts included.

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MetaTrader 5 offers 38 inbuilt indicators, 22 analytical tools and 46 graphical objects, equipping traders with additional features to boost their trading experience.