How to use MT5 for forex trading

MetaTrader 5 (MT5) is a powerful trading platform for forex trading, offering advanced charting tools, technical indicators, and automated trading capabilities. To use MT5 for forex trading, start by downloading and installing the platform from a broker's website. Open an account and log in using your credentials. Navigate the Market Watch window to select currency pairs, then use the charting tools to analyze price movements. Place trades through the "New Order" window, choosing trade size, order type, and stop-loss/take-profit levels. MT5 also supports Expert Advisors (EAs) for automated trading. Regularly monitor trades and adjust strategies as needed.