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December 16, 2016

What does “Last” mean on MT4/MT5 trading platforms?

The “Last” shows “the last price at which a deal was executed” It is not the price, at which your deal was executed, but it is the price which one of the market participants have executed his/her order. By referring to this paramet...

December 16, 2016

What does “Deals” indicate on MT5’s Market Watch window?

The parameter "Deals" shows "the number of deals executed during the current session". The current session is literally the moment, so if you see 12345 in the section, that means that 12345 of orders have been executed in that moment ...

December 16, 2016

What does “Volume” indicate on MT5's Market Watch window?

The "Volume" indicates "the total volume of the last executed order of the symbol within the market." As you can see the last market price which the last order was executed in the "Last" section, the "Volume" shows the trading volume ...

December 15, 2016

What does "Open Interest" mean on MT5's Market Watch window?

The statistical value "Open Interest" indicates the total volume of effective contracts (futures, options) which haven't been settled yet. The values in the "Details" tab in "Market Watch" window may show the limited number of statist...

December 15, 2016

What does "Turnover" indicate in MT5's Market Watch window?

The "Turnover" section in "Market Watch" window indicates "the money turnover for a symbol for the current session". The current session means that moment, so the turnover displayed in the field shows the total turnover of that moment...

December 15, 2016

Why there are 2 market prices on MT4 and MT5 trading platforms?

MetaTrader5 trading platform shows prices in a mode of "2 way prices". The one is "Ask" price which is the price you need to refer when buying the product. Another one is "Bid" price which is the price you need to refer when sellin...

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