The new platform is an updated and improved version of its predecessor, which has long been the industry standard for traders around the world. Its advanced charting technology, together with sophisticated order management tools, allows you to monitor and control your positions efficiently.
Automated trading is possible on MetaTrader 5, using trading robots that analyze quotes and perform operations on the financial markets. There are pre-installed technical indicators and trading robots built into the platform, but traders can choose to install more or develop their own Expert Advisors using MetaQuotes Language 5 (MQL5).