Master Metatrader 5 for Forex Trading.

Name: Master Metatrader 5 for Forex Trading.
Rating: 4.1 (20 reviews)

Learn All The Basics of MetaTrader 5 Forex Trading Platform. Learn How to Use The MetaTrader 5 & Understand its Core Use

Created byTawanda Irvine Makoni

Last updated 5/2020

English

English [Auto],

What you'll learn

Understand the basics of MT5 Trading Platform.
Learn how to Create Profiles.
Learn how to customize the platform.
Learn how to open and close trades.
Learn how to add Stop Loss Orders and Take Profit Orders.
Learn how to place Pending Orders.
Learn how to navigate the platform easily.
Understand the functions of the various buttons, tools and menu.

Course content

5 sections • 19 lectures • 2h 43m total length

Download & Install MT5 Trading Platform.6:42
Learn how to download, install, and launch the MT5 trading platform on Windows, Mac, Linux, or mobile, set up a demo account, and begin navigating its interface and core tools.
Understanding the Platform.9:56
Learn to read and navigate the MetaTrader 5 platform, including charts, market watch, assets, navigator, indicators, and the tool box, to place trades confidently.
Overview of main button, tools & menu.12:34
Explore the main buttons and tools in Metatrader 5, including candlesticks, line charts, zoom controls, drawing tools, crosshair, price levels, and order setup from the menu.
Understanding the important drawing tools.10:32
Master MetaTrader 5 for forex trading by using the crosshair, horizontal lines, trend lines, and fibonacci retracement to analyze price action and identify support and resistance.

Customize the Platform.11:05
Customize the MetaTrader 5 platform to create clean price action charts by adjusting time frames, color schemes, and candlesticks, while removing indicators to reveal clear price action.
Create Profiles.6:00
Learn to create and manage profiles in MetaTrader 5, saving groups of opened currency pairs, switching between default and custom profiles, and using profile templates for quicker setup.
Create & Apply Custom Templates.5:57
Learn to create and apply a custom template in MetaTrader 5, save it as default, and load your indicators, ensuring a uniform, high-performance chart view.

Setting up Timeframes.6:37
Use higher time frames to gauge momentum before trading, and customize time frames from monthly to intraday. Analyze price action within rectangles to spot long entries and plan stops.
Adding Trendlines, Shapes etc.8:14
Learn to draw trend lines on daily and lower timeframes to identify support, resistance, and breakouts. Use the rectangle tool to mark supply and demand zones for precise chart analysis.
Adding Indicators.6:28
Explore how to add and customize indicators on your Metatrader 5 chart, including moving averages, Bollinger bands, the relative strength index, and oscillators, to support your trading strategy.
Adding Fibonacci tool.13:25
Learn to use the MetaTrader 5 fibonacci tool to draw retracements from swing highs to lows, customize levels, and use extensions for entry and exit targets.

How to Open a Buy Position.7:04
Open a buy position in MetaTrader 5 by using the new order or one-click trading, set the volume, and configure stop loss and take profit for EUR/USD.
How to Open a Sell Position.4:54
Learn how to open a sell position in metatrader 5 by placing order to sell usd jpy on instant market execution, with a 0.3 lot and stop loss take profit.
How to set Stop Loss & Take Profit Orders.9:24
Learn to set precise stop loss and take profit levels in MetaTrader 5, calculate risk using pips and reward ratios, and manage trades across multiple orders.
Understand & Create Pending Orders - Buy Stop & Buy Limit Orders.9:49
Learn to place pending orders, including buy stop, sell stop, buy limit, and sell limit, using entry points above or below current price to ride momentum.
Understand & Create Pending Orders - Sell Stop & Sell Limit Orders.11:45
Learn to place sell stop and sell limit pending orders in Metatrader 5, with entries below or above price, set stop loss, take profit, and use expiry to manage risk.
How to add Trailing Stops to enhance profitability.6:17
Learn to apply trailing stops to long and short positions to lock in profits as price moves, using stop loss adjustments above or below the entry price on MT5.
How to take off profits from a winning trade/position.7:05
Learn to take profits from a winning forex trade by partially closing positions, adjusting lot size, and using instant execution with stop and trailing stop to secure gains.

Requirements

Basic understanding of Forex Trading.
Passion and Desire to learn and be successful.

Description

Are you interested in trading Forex? Are you wondering how the process is done, of how to buy and sell currencies. If your answer is YES, then this course is for you!

In this course you will learn everything about MetaTrader 5 Trading Platform. Metatrader is by far the most advanced and most popular Forex Trading Platform. I am here to give you the best knowledge, techniques, tips and tricks about the MetaTrader 5 so you can use it like a professional, and make use of its great capabilities and its advanced features.

In this course, I will reveal all that you need to know regarding the MetaTrader Platform.

You will learn all the basics and advanced features of MT5 Trading Platform.

Download & Installing MT5 Trading Platform.
Understanding the platform
Overview of main buttons, tools and menu
Understanding the important drawing tools

Plus many more topics. You will get a whole lot of tips and tricks for you to truly master the how to navigate and use the platform.

Enroll today & join me on this journey into the world of MetaTrader 5.

I look forward to seeing you in the class.

Who this course is for:

This course is for any individual interested in Forex Trading.
This course is for those looking to improve their efficiency on MT5.

Master Metatrader 5 for Forex Trading.

What you'll learn

Explore related topics

Course content

Platform Introduction.4 lectures • 40min

Utilizing the Platform.3 lectures • 23min

Utilizing the Tools available on Metatrader 5.4 lectures • 35min

Trading Concepts.7 lectures • 56min

Putting it all Together (Conclusion)1 lecture • 10min

Requirements

Description

Who this course is for: