How to Install MT5 and Set Up Your First Chart

[Shield]

MetaTrader 5 (MT5) is the successor of MetaTrader 4 and offers more features for modern trading, including more timeframes, built-in indicators, and improved backtesting. In this guide, we’ll walk through installing MT5 on Windows and setting up your first chart.

Step 1: Download MT5​

1. Visit your broker’s official website or the MetaQuotes official site.
2. Look for Download MT5.
   1. Download the installer file (mt5setup.exe).
      
   Tip: Always download MT5 from a trusted broker or MetaQuotes to avoid fake versions.

Step 2: Install MT5​

1. Locate the mt5setup.exe file in your Downloads folder.
2. Double-click the file to start installation.
3. Accept the License Agreement and click Next.
4. Choose the installation folder (default is fine).
5. Click Finish once installation is complete.

Step 3: Log in to Your Trading Account​

1. Launch MT5.
2. Go to File → Login to Trade Account.
3. Enter your:
   • Login ID
   • Password
   • Server name (provided by your broker)
4. Click OK to connect.

Step 4: Open Your First Chart​

1. In the Market Watch window, right-click and choose Show All.
2. Select any currency pair (e.g., EUR/USD).
3. Right-click → Chart Window.
4. A new chart will appear on your screen.

Step 5: Customize the Chart​

• Change the chart type: Candlestick, Line, or Bar (toolbar at top).
• Zoom in/out using the + / - buttons.
• Switch timeframe (M1, M5, H1, D1, etc.) from the toolbar.
• Right-click the chart → Properties to change colors and styles.

Final Thoughts​

Installing MT5 is simple, and with your first chart ready, you can now explore built-in indicators, drawing tools, and advanced trading features.