If you're aiming to upgrade your forex trading setup to a professional level, MetaTrader 5 (MT5) is a tool you can't ignore. Setting it up properly on your PC can give you a competitive edge by providing a clear and organized workspace. This guide will take you through the steps to install and customize the MT4/5 trading platform, making it look exactly like a pro trader's setup.

YaMarkets provides one of the best forex trading platforms available in the markets. In this post, we'll cover how to download, install, and customise MT5 for a streamlined trading experience. If you're trading through YaMarkets, this step-by-step guide will help you set up your MT5 trading platform.

How to Install and Customise MT5 Trading Platform?

Download MetaTrader 5

• Visit the YaMarkets website.
• Click on the Platform link from the Menu.
• Select the appropriate version for your OS (Windows or Mac) and click download.
  
  

Install MetaTrader 5

After downloading, locate the setup file, usually in your "Downloads" folder.

Double-click the file and follow the on-screen instructions.

Choose your desired installation path and click "Next."

Once the installation is complete, launch the MT5 application.

Log in to MetaTrader 5

Open the MT5 application.

Select YaMarkets from the list.

Enter your login credentials to access your trading account.

 

How to Customise the Chart Layout?

Creating a clean and professional trading space is essential for effective trading. Follow these steps to set up your chart layout:

Remove Unnecessary Panels:

• Press Ctrl + T to hide the "Toolbox" panel.
• Press Ctrl + M to remove "Market Watch."
• Press Ctrl + N to hide "Navigator."

Load the Correct Instruments:

Drag and drop your preferred trading instruments (like EUR/USD or GBP/USD) on the chart windows.

Adjust the Chart Appearance:

• Right-click on the chart and select "Properties."
• Uncheck the "Grid" option for a cleaner look.
• Set the background to white and choose contrasting colours for bullish and bearish candles (e.g., blue for bullish and red for bearish).
• Apply your settings by clicking "OK."

Save Your Chart Template:

• Right-click on the chart, select "Templates," then "Save Template."
• Name your template (e.g., "CleanChart") and save it.

Organise Toolbars

• Go to View > Toolbars and ensure that "Timeframes," "Standard," and "Line Studies" are selected.
• Right-click each toolbar and click "Customize" to remove unnecessary items.
• Arrange the toolbars for easy access and a cleaner interface.

Add and Customize Indicators

• Open the "Navigator" window by pressing Ctrl + N.
• Drag and drop your desired indicators (e.g., MACD) onto the chart.
• Customize the indicator settings for better visuals:
• Right-click on the indicator and choose "Properties."
• Set distinct colours for better visibility.

Final Adjustments

To improve your professional MT5 setup:

• Use arrow lines instead of standard trend lines for clarity.
• Draw supply and demand zones using the rectangle tool and fill them with colour for differentiation.
• Set up support and resistance lines quickly by drawing horizontal lines and duplicating them using Ctrl + drag.

Conclusion

Setting up and customising your MT4/5 trading platform can significantly improve your trading efficiency. By organising your workspace and using the right tools, you ensure a smoother trading experience. If you are just starting to trade with YaMarkets this guide will help you get your MT5 platform set up like a pro.

Stay tuned to YaMarkets, the best forex platform for more trading tips and to get the best trading experience. Happy trading!