MetaTrader 5(MT5)

MT5 with significantly increased operating speed

MetaTrader 4, a favorite of Forex traders around the world, has evolved into MetaTrader 5.

The specification of MetaTrader 5 (MT5) has been changed from the 32-bit specification of MetaTrader 4 (MT4) to 64-bit, and the operation speed has been greatly improved.

Traders will also have more timelines for charts available, allowing for more flexible analysis.

And when the improved performance of MetaTrader 5 (MT5) is combined with the infrastructure of Discovery-FX, traders will be able to enjoy the real pleasure of forex trading in a more ideal environment.

Comparison of MetaTrader 5 (MT5) and MetaTrader 4 (MT4)

MetaTrader 5 MetaTrader 4
System behavior light.
Since it is a 64-bit specification, the operation is light because the CPU and memory functions of the personal computer can be fully utilized.
Because it is a 32-bit specification, it is not possible to make the best use of the functions of the personal computer, and the operation is heavy.
Technical Indicators 38 types 30 types
Timeframes 21 types
1-minute (M1), 2-minute (M2), 3-minute (M3), 4-minute (M4), 5-minute (M5), 6-minute (M6), 10-minute (M10), 12 Minute bar (M12), 15 minute bar (M15), 20 minute bar (M20), 30 minute bar (M30), 1 hour bar (H1), 2 hour bar (H2), 3 hour bar (H3), 4 hours Bar (H4), 6-hour bar (H6), 8-hour bar (H8), 12-hour bar (H12), daily bar (D1), weekly bar (W1), monthly bar (MN)
9 types
1 minute (M1), 5 minutes (M5), 15 minutes (M15), 30 minutes (M30), 1 hour (H1), 4 hours (H4), daily (D1), weekly (W1), monthly (MN)
Program language MQL5
It is possible to create your own or commercially available indicators and automatic trading programs (EA)
You can create your own indicator, automatic trading program (EA)
Economic Calendar The announcement time of economic indicators can be displayed on the chart. Install an external indicator separately.
Depth of Market Yes No
Reports Charts (HTML5) + tables Tables only
Supported Markets Forex / Futures / Options / Stocks / Bonds Forex

Features of MetaTrader 5 (MT5)

  • A comfortable trading environment can be built by minor upgrades. In addition, MT5 is still being updated and evolving.
  • Upgraded to 64-bit specifications, significantly improved backtesting time.
  • Details and prize board added to the quote display. In the details, you can quickly check the high and low prices of the brand, and you can order with one click on the prize board.
  • The navigator can now be organized by folders. By dividing the indicators into folders, it is possible to reduce the time and effort required to find the indicators by half.
  • You can move the chart out of MT5 by right-clicking on the chart and clicking Docking. This makes it easier to check the chart while doing other work.