MetaTrader5 is an open-source trading platform used for trading in financial markets such as Forex, stocks, futures, and cryptocurrencies. It provides technical analysis, a trading system, and algorithmic trading tools. It includes market quotes, order types, and charting tools with built-in technical indicators and analytical objects. It supports automated trading with Expert Advisors (EAs) and has a built-in programming language (MQL5) for developing custom indicators, scripts, and EAs.
Sign In
On your first visit to the site, you will be presented with the login/signup screen.
When your instance is first created, an account is created for you with the email you chose. You can get the password for this account by going to your Elestio dashboard and clicking on the "Show Password" button.
Enter your email, name and password and click the "Sign In" button
Creating New Account
Creating a new account with GBE Brokers in MetaTrader 5 involves downloading and installing the MetaTrader 5 platform, then selecting "Open an Account" from the "File" menu. You then search for "GBE Brokers" in the new window, select it, and follow the prompts to enter your personal information and trading preferences. After accepting the terms and conditions and clicking "Next", you'll receive login details for your new trading account. Remember to save these details securely. Note that you'll need to verify your identity and residence by providing necessary documents as part of the KYC (Know Your Customer) process, a standard requirement in the financial industry to prevent fraud and money laundering.
Agent
Agent is a part of the MQL5 Cloud Network, which is a network of computing resources for testing and optimization of Expert Advisors. An agent is essentially a computing resource that can be used to perform these tasks. Users can rent agents from the MQL5 Cloud Network, or they can provide their own computing resources as agents to the network and receive compensation. The use of agents allows for faster backtesting and optimization by distributing the computations across multiple computing resources.
Data Window
The Data Window in MetaTrader 5 provides detailed information about the price data of a specific point on a chart. When you move your mouse cursor over a point on the chart, the Data Window will display information such as the date and time of the data point, the open, high, low, and close prices, the volume, and any indicators that are applied to the chart. This can be useful for getting a quick overview of the data without having to look at the chart in detail. The Data Window can be opened by clicking on its icon in the toolbar or by selecting it from the "View" menu.
Journal
The Journal in MetaTrader 5 records all the actions performed in the trading platform. It provides a detailed log of all activities, including executed trades, system messages, alerts, and other important information. The Journal can be used for troubleshooting, auditing, and understanding the history of your trading activities. It can be accessed from the "Toolbox" window at the bottom of the MetaTrader 5 interface, under the "Journal" tab. The entries in the Journal are timestamped, making it easy to track when each action was performed.
Market Watch
Market Watch in MetaTrader 5 is a feature that provides real-time quotes for financial instruments. It displays the current bid and ask prices, as well as the high, low, time of the last quote and the quote's volume. Users can monitor the prices of multiple instruments in one place, making it a crucial tool for traders. By right-clicking within the Market Watch window, users can place new orders, open charts, and access other features. The Market Watch window can be opened by clicking on its icon in the toolbar or by selecting it from the "View" menu.
