Metaquotes Adds Custom Financial Instruments to MT5 platform

MetaQuotes Software Corp, a foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term platform provider, has released a new version of the MetaTrader 5 HFT platform, improved the user interface and enabling customization of symbols, charts setting and volume display.

The three major updates to the MetaTrader 5 platforms are:

Creating a Custom Symbol

This feature enables a trader to add any symbol, configure its setting, import their price data to the symbol and view its chart. The trader will also allow traders to import history to custom symbols directly from expert advisors and broadcast the same in real time.

Sorting Time & Sales

This feature allows traders sort out the trades in volume in the Time & Sales function. This feature enables traders to hide trades with least volumes and only highlight the larger deals which have an impact on prices.

Binding the Market Depth Market Depth Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Read this Term to the Active Chart

This feature binds the market depth to the active chart. Every time a trader opens a new symbol, the market depth will become enabled in the chart so that they don't have to open the Market Depth window for each new symbol. Metaquotes has been upgrading its platforms with new features on its MT4 and MT5 trading platforms. It has added a new widget on tracking economic events which will allow up-to-date data regarding macro economic world events. It is also upgrading its IT security systems to protect clients from risk. Last week, the company decided to stop support for MT4 and MT5 application running on Windows XP from October'17.