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December 16, 2016
What does the % of "Price Change" indicate on MT4 and MT5 trading platforms?
The price change in percentage terms in "Details" tab on "Market Watch" window, indicates "the difference between the price of a last deal (Last) and the close price of the last session". The value is calculated with the following for...
December 16, 2016
What does "Average Weighted Price" indicate on MT4 and MT5 trading platforms?
The statistics value, "Average Weighted Price" indicates "the weighted average price for a session". The value shows the average price of the selected financial instrument, but it is not bid or ask price. If you like to refer to mo...
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
What do "A. High" and "A. Low" indicate on MT4/MT5 Market Watch Window?
"A. High" means "Ask High", it shows the highest ask price for the current day, and "A. Low" is "Ask Low", it shows the lowest ask price for the current day. The MT5 trading platform follows the time of GMT+2 or GMT+3(during summer ti...
December 15, 2016
What do "B. High" and "B. Low" indicate in MT4/MT5 Market Watch window?
"B. High" on MT5 means "Bid High". It shows the highest bid price for the current day. "B. Low" is Bid Low, and it shows the lowest bid price for the current day. For your information, there are "High" and "Low" data for Ask pri...
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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