Trade Stock Indices

MT5 Data Window

MT5 Data panel shows information about a price, for a specified candle-stick period. For example the charts below, shows how to select data window from view menu options.(Ctrl+D is short cut key for displaying data window panel without having to go to the view menu)

Data Window - MT5 Platform

MT5 Data Window - Index MT5 Data Window Example Explained - MT5 Platform PDF

Once the data panel is selected it will illustrate, the following information about a price.

Indices Price Data Window High, Low, Open & Close Price on MT5 Software Platform - MT5 Stock Platform PDF

The following data for stock indices is shown & displayed:

  1. indices instrument
  2. Date
  3. Time
  4. Open Price
  5. High
  6. Low
  7. Close Price
  8. Volume

This data will show info for a particular candle, by scrolling your mouse over the candlesticks on a trading chart this info will change to reflect the price candlestick which the mouse has pointed at.

The data window isn't popularly used in the MT5 Software Platform as compared to the other MT5 Chart windows. However as a indices trader you as a trader can use this data panel to extract & display info & data about any price candle & the market prices associated with this candle like the opening price information, closing price data and high and low of price.

Because many traders can obtain this data directly from the charts, then the traders might prefer to use information that's readily available on Indices Trade chart within the MT5 Platform software interface.

Another technique/method to get this data is to use the Cross Hair Mouse Pointer, To get the Cross-Hair Mouse Pointer one only requires to press down & hold down the wheel mouse button and the Cross Hair will appear. If your mouse does not have a wheel button, please go and buy and purchase another one so that you as a trader can trade the MT5 cross hair. And from this Cross Hair one can get the price data just as is illustrated and shown below.

Cross Hair Tool - MT5 Platform Software

MT5 Cross Hair Pointer on MT5 Stock Charts - MT5 Platform PDF

From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show price of the trading at that particular point on the chart. The Open, High, Low, Close & Volume and also the Date is Shown and Displayed Just below the Charts tab at the bottom of the MT5 Platform, Marked as O: H: L: C: V: therefore the cross hair is a short-cut method of viewing data instead of going to the Data Window of the MT5

A trader can even click one point, hold down the mouse & move the mouse to another chart point to measure the pip movement of price from point to a point on the Trading charts in the MT5 Indices Platform as Shown below.

Using Cross-Hair Tool to Measure Pip Price Movement

Using Cross Hair Tool in MT5 Platform to Measure Pip Price Movement

Cross Hair Data Tool on MT5 Platform

Get More Lessons and Tutorials & Topics:

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