Overview of Toolbar Operations

The toolbar allows you to perform various operations easily by simply clicking on the icon buttons. Understanding the functions of each icon and the corresponding operations enables smoother and more advanced trading.

(1) About the Toolbar

All toolbars are customizable and can be arranged and executed as needed.

	Opens a new currency pair window. You can select the required currency pair from the list and open a new chart.
	This menu allows you to manage and operate chart groups. Profiles can be activated or deleted and are saved based on the current chart window configuration.
	Displays the list of symbols. You can change the visibility of each currency pair.
	Opens the MetaQuotes Language Editor. You can create and edit Expert Advisors, Custom Indicators, and Scripts.
	Displays the MQL5 Market, where you can purchase EAs.
	Displays the MQL5 Market, where you can purchase paid signals.
	Opens MQL5’s dedicated VPS settings for MetaTrader.
	Allows you to register a trading signal source account.
	Enables or disables automated trading, such as Expert Advisors (EAs). A red square indicates “stopped,” while a green triangle indicates “auto trading active.”
	Displays a window for placing market orders or pending orders.

(2) Chart Toolbar

The chart toolbar allows you to configure and operate technical analysis tools within the chart.

	Displays the chart as a series of bars.
	Displays the chart as a series of candlesticks.
	Displays the chart as a series of lines.
	Zooms into the chart.
	Zooms out of the chart.
	Arranges the chart windows.
	Automatically scrolls the chart to the latest bar.
	Moves the position of the latest bar on the chart to the position of the chart shift label.
	Saves the chart as an image.

(3) Object Toolbar

The object toolbar is used to work with graphical objects and to change cursor operation modes.
Objects placed on the chart can be deleted by right-clicking to display a menu.

	Allows you to select various objects on the chart with the cursor.
	Highlights the coordinates of the selected position on the chart or analysis tool screen.
	Inserts a vertical line on the chart.
	Inserts a horizontal line on the chart.
	Inserts a trendline on the chart.
	Creates a parallel channel.
	Inserts a Fibonacci retracement on the chart.
	Allows text labels to be attached to the chart screen, not directly on the chart.
	Allows you to place arrows, thumbs up, and other shapes.

(4) Timeframe Toolbar

Clicking the buttons changes the chart’s timeframe on the active screen.

From left to right: M1 (1 minute), M5 (5 minutes), M15 (15 minutes), M30 (30 minutes), H1 (1 hour),
H4 (4 hours), D1 (daily), W1 (weekly), MN (monthly).

[PC Version MT5] Chapter 7: Let’s Try Trading with MetaTrader 5