META TRADER 5 MOBILE (ANDROID)

Transcription

1 META TRADER 5 MOBILE (ANDROID) USER GUIDE 1

2 CONTENTS Getting Started...3 Quotes...4 Depth of Market...8 Chart...8 Trade...10 Type of orders...13 Market execution...16 History...19 Accounts...20 Mail...21 News Event Messages Settings Show log

3 MetaTrader 5 for Android powered devices is a platform for mobile trading on the Forex and stock markets. The application allows you to connect to the FXB Trading live and demo servers, so that you can view prices, charts, trade and view the history of your trade operations. This is available from anywhere in the world absolutely free of charge. With the MetaTrader 5, you can use and open real and demo accounts right from your mobile device. 1. GETTING STARTED In order to start trading from your mobile device, download the MetaTrader 5 Android application from the FXB Trading website or from Google Play store. After installation, run the application by selecting the icon on the desktop. CONNECT TO AN ACCOUNT/OPEN A LIVE OR DEMO ACCOUNT During the first start of the application you will be offered the following options: Start without registration open a demo account quickly without entering personal details. The new account will be instantly opened and connected. Your login and password will be sent to the internal mailbox. 3

4 Open a personal demo account select this option if you want to open a new demo account. Open a real account request a new real account. Log in to an existing account select this option if you have an existing account. If you already have an existing MT5 account with FXB Trading, choose the trading server by typing FXB Trading - FXBTrading-Live or FXBTrading-Demo. Select the server, enter your account number and password and select sign in. 2. QUOTES Use this tab to view real-time pricing information on financial instruments. To switch to this tab, use the MetaTrader 5 side panel that opens at a tap on. 4

5 List of Symbols In order to remove a symbol from the list or change its position, tap To add a new symbol, tap at the top of the window. at the top of the window. 5

6 Adding Symbols To add a new symbol, tap at the top of the window, select a group of symbols. To find the desired symbol quickly, use the search bar at the top of the page. Press, enter the desired symbol and tap Enter on your keyboard. To add a symbol, tap on its line. Hidding Symbols To hide a symbol, go to the edit mode by tapping at the top of the Quotes tab. 6

7 To hide symbols, tap at the top of the window. Then check all the symbols that you want to delete, and again tap. A financial instrument cannot be hidden, if there are open positions or pending orders for it. Moving Symbols To change the order of symbols in the Quotes tab, use buttons. Tap the button on the desired symbol, and holding it, drag the symbol to the desired position. Symbol Properties Symbol trading terms are shown in this window. You can go to this window using the Properties command in the context menu of the Quotes tab. Content Menu To open the context menu, tap once on any of the symbols. The menu contains the following commands: New order go to executing trade operations with the specified symbol. This button is not displayed when not connected to the server. Chart go to chart viewing. Properties open symbol properties. Advanced view mode view price details. Depth of Market open Depth of Market for the symbol, if available. 7

8 3. DEPTH OF MARKET The Depth of market (DOM) displays bids and asks for a particular instrument at the best prices (closest to the market) at the moment. The DOM window also shows the volume of each order. Depth of market (DOM) is only available for the symbols traded in the exchange execution mode. Trade operations are sent to an external trading system (stock exchange). To open the Depth of market window of a financial instrument, click Depth of market in its context menu in Quotes. 4. CHART A chart shows price changes over time. To switch to this tab, use the side or the bottom panel of the MetaTrader 5. Chart Opening In order to open a chart of a financial instrument, run the Chart menu command in the Quotes tab. 8

9 Chart Period In the MetaTrader 5 for Android, you can view 9 chart timeframes: from 1 minute (M1) to one month (MN). Use the radial menu in order to switch between the timeframes. Indicators for technical analysis A technical indicator is a mathematical transformation of a security price and/or volumes aimed at forecasting future price changes. 9

10 MetaTrader 5 for Android provides 30 indicators. They are divided into the following groups: Trend indicators Oscillators Volume indicators Bill Williams indicators 5. TRADE How to trade The basis of the profit while working in the financial markets is a simple rule: buy cheap and sell dear. One of the main functions of the MetaTrader 5 mobile platform for Android is providing a user with wide opportunities to perform buy and sell operations. The Trade tab features the current state of a trade account, as well as current positions and pending orders. To switch to this tab, use the application side panel that opens at a tap on. To go to placing of a new order, tap on on the top panel. 10

11 Account state The current state of a trade account is shown at the top of the tab. Profit, currency the total returns of the current trade positions and the account deposit currency. Balance money on the account, not accounting for the results of currently open positions (deposit); Credit amount of funds provided to a trader by a broker as a loan; Assets the current value of purchased financial instruments (of long positions) defined in trader s deposit currency. The value is determined dynamically based on the price of the latest symbol deal taking into account the liquidity margin rate. In fact, the amount of assets is equivalent to the amount of money that the trader would receive in case of immediate closure of long positions. This rate is used on exchange markets. Liabilities obligations on current short positions calculated as the value of these positions at the current market price. In fact, the amount of liabilities is equivalent to the amount of money that the trader would pay in case of immediate closure of short positions. Commission commission by orders and positions accumulated during a day/month. Depending on conditions of collection of commission (determined by broker), a preliminary calculation of commission is performed during a day or a month. The corresponding amount of assets is blocked on the account and its value is shown in this field. Final commission calculation is performed at the end of a day/month, and the appropriate sum 11

12 is withdrawn from the account by the balance operation (it is displayed as a separate deal on the History tab), while the blocked amount is unlocked. In case commission is charged immediately during a deal, its value is shown in the Commission field on the history tab Blocked under certain trading conditions (determined by a broker), a profit fixed during a day cannot be used to perform trade operations (not included in the free margin). This blocked profit is displayed in the Blocked field. At the end of the trading day, this profit is unblocked and deposited to the account balance. Equity equity is calculated as Balance + Credit - Commission +/- Floating profit/loss - Blocked; Margin money required to cover open positions and pending orders; Free margin the free amount of money that can be used to open positions. It is calculated as Equity - Margin. Depending on the trading conditions (defined by a broker), the equity value may or may not consider: floating profit, floating loss or floating profit and floating loss together; Margin level percentage of the account equity to the margin volume (Equity / Margin * 100); Total of deals total financial result of all open positions. Trading commands To quickly modify or close a position or order, swipe on its row from right to left. This will open a menu of commands: The following commands are available here: Close position/delete order. Modify position/modify order. Increase position/place an order at the same symbol. Open a chart of the symbol the open position or placed order. Open the Market Depth of the symbol the open position or placed order. 12

13 6. TYPE OF ORDERS The MetaTrader 5 mobile platform allows FXB Trading s clients to execute trading operations. In addition, the platform allows you to control and manage open positions. For this purpose, several types of trade orders are used. In the platform, orders are divided into two main types: market and pending. Besides them there are Stop loss and Take profit orders. Market orders A market order is a type of order where an order is executed at current market price to buy or sell a financial instrument. Pending orders A pending order is a type of order to buy or sell a security in future under pre-defined conditions. Types of pending orders are: Buy limit a trade request to buy at the Ask price that is equal to or less than that specified in the order. The current price level is higher than the value in the order. Usually this order is placed in anticipation that the security price, having fallen to a certain level, will increase. Buy stop a trade order to buy at the Ask price equal to or greater than the one specified in the order. The current price level is lower than the value in the order. Usually this order is placed in anticipation of that the security price, having reached a certain level, will keep on increasing. 13

14 Sell limit a trade order to sell at the Bid price equal to or greater than the one specified in the order. The current price level is lower than the value in the order. Usually this order is placed in anticipation of that the security price, having increased to a certain level, will fall. Sell stop a trade order to sell at the Bid price equal to or less than the one specified in the order. The current price level is higher than the value in the order. Usually this order is placed in anticipation of that the security price, having reached a certain level, will keep on falling. Buy stop limit this type combines the two first types being a stop order for placing Buy Limit. As soon as the future Ask price reaches the stop-level indicated in the order (the Price field), a Buy Limit order will be placed at the level, specified in Stop Limit price field. A stop level is set above the current Ask price, while Stop Limit price is set below the stop level. Sell stop limit this type is a stop order for placing Sell Limit. As soon as the future Bid price reaches the stop level specified in the order (Price field), a Sell Limit order will be placed at the level specified in Stop Limit Price field. A stop level is set below the current Bid price, while Stop Limit price is set above the stop level. 14

15 Current market state Current price Forecast Order Price the price, reaching which the pending order will be placed Expected growth Expected Fall Take profit (TP) The Take profit order is intended for gaining the profit when the security price has reached a certain level. Execution of this order leads to a complete closure of the position. It is always connected to an open position or a pending order. The order can be placed only together with a market or a pending order. This order condition for long positions is checked using the Bid price (the order is always set above the current Bid price), and the Ask price is used for short positions (the order is always set below the current Ask price). Stop loss (SL) This order is used for minimizing of losses if the security price has started to move in an unprofitable direction. If the price of the instrument reaches this level, the position is fully closed automatically. Such orders are always associated with an open position or a pending order. The order can be placed only together with a market or a pending order. This order condition for long positions is checked using the Bid price (the order is always set below the current Bid price), and the Ask price is used for short positions (the order is always set above the current Ask price). Fill Policy In addition to common rules of order execution set by FXB Trading, a trade can indicate additional conditions in the Fill policy field of the order placing window: Fill or kill This execution policy means that an order can be executed only in the specified volume. If the necessary amount of a financial instrument is currently unavailable in the market, the order will not be executed. The required volume can be filled by several offers available on the market at the moment. Immediate or cancel In this case a trader agrees to execute a deal with the volume maximally available in the market within that indicated in the order. In case the order cannot be filled completely, the 15

16 available volume of the order will be filled, and the remaining volume will be canceled. The possibility of using IOC orders is determined on the trade server. Return This policy is only used for market (Buy and Sell), limit and stop limit orders. If filled partially, an order with the remaining volume is not canceled, and is processed further. For market orders, the Return policy is used only in the Exchange Execution mode, while for limit and stop limit ones, it is applied in the Market Execution and Exchange Execution modes. 7. MARKET EXECUTION In the Market Execution mode, a trader agrees to execute a deal at the price offered by a broker. Position opening Fill out the following fields in the order placing window: Symbol the symbol for which a trade operation should be executed. To change the symbol, tap on. Volume volume of an order in lots. To change the volume, use the arrow buttons or tap on the box to indicate the volume using the keyboard. Trade operation type select the appropriate item for the Market Execution mode. In this field you can also switch to placing a pending order. Stop loss the Stop loss level in prices. If you leave this field empty, this type of order will not be set. Take profit the Take profit level in prices. If you leave this field empty, this type of order will not be set. Fill policy additional rules of order filling: Fill or Kill or Fill or Cancel. If this box is not active, then the option is locked on the server. A click on Sell by Market or Buy by Market creates an order to FXB Trading to execute a Sell or Buy deal respectively at the defined price. 16

17 Position closing In order to close the position, you need to tap Close position in its context menu on the Trade tab. Once you tap Close by Market, the position will be completely closed. Placing Pending Orders To place a pending order, do one of the following actions: 17

18 In the Quotes window, select the required symbol and execute the New order command of the context menu. Tap on on the Trading tab. If there are open positions or orders, use the commands of the context menu commands of the Trade tab. The following parameters are specified at this stage: Volume volume of an order in lots. To change the volume, use the arrow buttons or tap on the box to indicate the volume using the keyboard. Symbol the symbol for which you place a pending order. Trade operation type select the type of a pending order. In this field you can also switch to placing a market order. Price price at which the pending order should trigger. For stop and limit orders this is the price, at which they will be placed. For Stop Limit orders, this is the price of triggering and setting of limit orders at the level specified in Stop Limit Price. Stop limit price this field is active only for Stop Limit orders. When the Stop Limit order triggers, a limit order will be placed at the price specified in it. Stop loss the level of Stop Loss. If you leave this field empty, this type of order will not be set. Take profit - Level Take Profit. If you leave this field empty, this type of order will not be set Fill policy additional rules of filling for limit and stop-limit orders: Fill or Kill, Immediate or Cancel or Return. If this box is unavailable, then the option is locked on the server; Expiration conditions of the order expiration: Good till cancelled (GTC) the order will stay in the queue until it is manually cancelled Today the order will be valid only during the current trading day. Date and time the order will be valid until the specified date. When selecting this option, you will automatically switch to the date and time specification. To return to choosing the expiration type, remove the expiration date. Date the order will be valid until 00:00 of the specified day. If this time is not within a trading session, expiration will occur in the nearest trading time. 18

19 8. HISTORY On this tab you can view the history of trade operations performed on a trading account. To switch to this tab, use the application side panel that opens at a tap on. There are three operation viewing modes, including Orders, Deals, and Positions. You can switch between them at the bottom of the tab. 19

20 9. ACCOUNTS This section allows you to manage your trading account. To switch to this tab, use the application side panel that opens at a tap on. The number of the currently connected account is show at the top of the window. Below connection parameters are shown: Server the name of the server, to which the mobile terminal is currently connected. Point the name of the access point, through which the terminal is currently connected to a server. Amount of incoming and outgoing traffic for the current session of the MetaTrader 5 for Android is shown in the bottom part. Tap to find detailed information about the account its number, name of the owner, the trade server, the amount of leverage and balance. 20

21 10. MAIL The section allows you to work with the internal MetaTrader 5 mail system. All mails sent by a brokerage company are displayed here. Also, you can send a mail to the company s administrator if you have any questions. The mail s subject, sender s name and a date are displayed in the list. To view an , tap on it. The headers of unread mails in the list are displayed in bold. 21

22 11. NEWS EVENT In this section, you can work with newsletters received in the mobile platform. The list displays news headers, categories (for example, MQL5 Articles English), as well as arrival time. Tap the news header to view it. 12. MESSAGES MetaTrader 5 for Android supports push notifications. Push notifications are short text messages that can be sent to your device from the PC version of the trading platform, and from various services of the MQL5.community. Message categories All messages, including push notifications from the desktop platform and communication with MQL5.community users, appear as chats. You can easily distinguish between them by appropriate avatars. 22

23 Chat chat with MQL5.community users. An image from the user s profile on MQL5. community is used for the avatar; also an avatar can be generated automatically based on the user s initials. Broker a message from your broker. Terminal pushes sent from the desktop platform. Community messages from MQL5.community services: new comments in Freelance, update of your publication status in Code Base, Market and Signals, announcements of new publications, etc. Virtual hosting virtual hosting notifications: renting and canceling, platform update on the virtual server, and more. Other other messages. To find a message in the history, use the search option tap on the top panel. If any of the categories contains unread messages, their number is displayed next to the category title. To remove all messages from a category, swipe your finger from right to left on it, and then tap on the Delete button. 23

24 13. SETTINGS In order to open the settings of the MetaTrader 5 for Android, select the Settings item of the side panel which opens by tapping. The following settings are available here: Advanced mode switching between the full and short representation of information in the Quotes window. If you enable the extended view, the tab displays additional information about symbols: spreads, time, the High and Low prices. In the simple view mode only the Bid and Ask prices are shown. Order sounds enable/disable sound notification of trade operations: opening, modifying, closing positions, placing orders, etc. One click trading the trading platform allows performing trade operations in one click without additional confirmation by trader (trading dialog is not displayed). The function is available in Market Depth. Before you start using it, you should accept special terms and conditions. MetaQuotes ID your unique identifier for receiving notifications. Vibration configuration of vibration when receiving push notifications: never use vibration, in silent mode only, always use vibration. Notification ringtone select a sound that will be played when a push notification is received. Language using this menu, you can switch between 25 languages of the mobile platform interface without changing your device language settings. Enable news enable/disable delivery of newsletters to the mobile platform. 24

25 14. SHOW LOG In this section you can view logs of the MetaTrader 5 for Android. The journal contains various service messages, as well as records of actions performed in the application. To switch to this tab, use the application side panel that opens at a tap on. The following controls are available here: Send application logs to technical support. If you have any problem with the use of the mobile platform, you can send the application logs and the problem description directly to the developer s technical support team. Refresh the page. Select the date of logs you want to view. 25