Charts are one of the most important features in MetaTrader 5 (MT5). They allow you to analyze market movements, apply tools for technical analysis, and visualize trading opportunities.

---

1. Opening Charts

You can open charts for any instrument available in your watchlist:

1. In the Market Watch window, right-click on the instrument you want to analyze.

2. Select Chart Window.

3. A new chart will appear for that instrument.

Charts can be opened in multiple timeframes, from one minute (M1) to one month (MN).

---

2. Chart Types and Customization

MT5 supports three chart types:

• Bar Charts – traditional price bars showing open, high, low, and close.

• Candlestick Charts – popular format for technical analysis, showing the same data with visual body and wick.

• Line Charts – a simple line connecting closing prices.

To change chart type:

1. In the chart window, click the chart type icons on the toolbar.

2. Or right-click the chart, select Properties, and adjust visual settings.

You can also change colors, gridlines, and background themes in Chart Properties to suit your preferences.

---

3. Using Drawing Tools

Drawing tools help you apply technical analysis directly on the chart.
​

Common tools include:

• Trendlines – mark support and resistance levels.

• Fibonacci Retracements – identify potential reversal levels.

• Shapes and Channels – highlight patterns and ranges.

To apply:

1. Select a tool from the MT5 toolbar.

2. Click and drag on the chart where you want it applied.

3. To edit or move a drawing, click the object and drag or adjust its handles.

---

4. Adding and Modifying Indicators

Indicators are essential for advanced analysis. MT5 comes with a wide library of built-in indicators such as Moving Averages, RSI, MACD, and Bollinger Bands.

To add an indicator:

1. Open the Navigator → Indicators panel.

2. Drag and drop the indicator onto a chart.

3. A settings window will open where you can adjust parameters.

To modify or remove:

1. Right-click the indicator on the chart.

2. Select Properties to change settings, or Delete Indicator to remove it.

---

5. Saving Chart Templates and Profiles

If you use a preferred set of indicators and chart settings, you can save them for future use:

• Templates: Save indicator setups, colors, and styles. Apply them instantly to any chart.

• Profiles: Save an entire group of charts (with instruments and layouts) for quick switching.

To save a template:

1. Right-click the chart.

2. Select Template → Save Template.

To load:

1. Right-click the chart.

2. Select Template → Load Template.

​