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User Guide for the online trading

platform
EF MetaTrader 5
for Android OS

Euro-Finance
43 Christopher Columbus blvd., 1592 Sofia, Bulgaria
tel.: +359 (0) 700 156 56; fax: +359 (0) 2 981 14 96
support@eurofinance.bg

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User Guide for EF MT5 Android OS platform

Content

I. Getting Started ......................................................................................................................... 2


II. Application GUI ........................................................................................................................ 3
III. Quotes........................................................................................................................................ 4
IV. Symbol Properties ................................................................................................................... 5
V. Symbols...................................................................................................................................... 7
VI. Charts ......................................................................................................................................... 9
VII. Trading ..................................................................................................................................... 11
VIII. Orders ...................................................................................................................................... 13
IX. Common Trading Principles ................................................................................................. 14
X. Types of Orders ...................................................................................................................... 15
XI. Types of Execution ................................................................................................................. 17
XII. State of Orders ....................................................................................................................... 17
XIII. Trade Activity.......................................................................................................................... 18
XIV. Modification of Positions ..................................................................................................... 28
XV. Placing Pending Orders ......................................................................................................... 29
XVI. Managing Pending Orders .................................................................................................... 31
XVII. History...................................................................................................................................... 32
XVIII. Accounts .................................................................................................................................. 35
XIX. Settings .................................................................................................................................... 41
XX. Tablet Version ........................................................................................................................ 42
1.General Functions ............................................................................................................... 42
2.Account Management ........................................................................................................ 43
3.Quotes ................................................................................................................................... 45
4.Symbol Management ......................................................................................................... 45
5.Trading .................................................................................................................................. 46

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User Guide for EF MT5 Android OS platform

MetaTrader 5 for Android OS powered devices is a platform for mobile trading on the Forex
and stock markets. The application allows you to connect to a broker's servers, receive prices
and view price charts, trade and view the history of your trade operations. This is available
from anywhere in the world absolutely free of charge!
With the MetaTrader 5, you can use real and demo accounts. Moreover, you can open demo
accounts right from the mobile platform. Authorize in the application to access all the
functions of the MetaTrader 5 platform.
After authorizing, you can receive prices of financial instruments in the real-time mode, view
charts, execute trade operations using the full set of trading orders and various execution
modes. Thus, you can implement almost any trading strategy. At any time and from
anywhere you can access the history of your trade operations in order to determine the
profitability of your trading strategy.
The wide opportunities of the MetaTrader 5 trading platform are now always with you.
Download MetaTrader 5 and you can keep abreast of events in financial markets and control
your trading account!

I. Getting Started

To start trading from on mobile device, download MetaTrader 5 from the Android Market or
using the Market application on your device.

The MetaTrader 5 for Android can be used on a smartphone or a tablet PC powered by the
Android OS 2.1 or higher. In addition, to connect to a broker's trading server, Internet access
is required.
It is recommended that you update MetaTrader 5 regularly, which will provide enhanced
features and greater stability.

After installation, run the application by tapping the icon on the desktop.

Connect to an Account/Open a Demo Account


During the first start of the application you will
be offered the following options:
Login with existing account — select this option
if you have an existing account.

Open demo account — select this option if you


want to open a new demo account.

Find detailed instructions on how to work with


accounts in the following sections

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User Guide for EF MT5 Android OS platform

II. Application GUI


The whole interface of the MetaTrader 5 mobile platform consists of the main working area
and the top panel, designed to switch between the main functions of the program:

Using the top panel, you can go to the following sections:

 Quotes — a window with prices of financial instruments.

 Charts — view price charts.

 Trade — view the state of account and manage trade positions and pending orders.

 History — view the history of trade operations.

Using the "Menu" button, you can go to account or symbols management, or make trade
operations, depending on the current tab.

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III. Quotes
Use this tab to view real-time pricing information on financial instruments. To switch to this
tab, use the top panel of the application or swipe left to right.

The following price information is shown here:


 name of the financial instrument
 the bid price
 the ask price
 spread
 the time of the last quote
 the lowest bid price for the current day
(Low)
 the highest ask price for the current day
(High)

To switch between the full and reduced representation of price information, go to settings
using the "Menu" button on your device. Then check/uncheck the "Advanced mode" option.
To save traffic, disable unnecessary symbols.

Context Menu
To open the context menu, tap once on any of the symbols. The menu contains the following
commands:
 New order — go to executing trade operations with the specified symbol. This button
is not displayed when not connected to the server.
 Chart — go to chart viewing.
 Properties — open symbol properties.

The Menu button


The Menu button on your device calls a menu with additional commands:
 New order — go to placing a new order.
 Symbols — configure the lists of symbols shown on the "Quotes" TAB.
 Accounts — manage trade accounts.
 Settings — go to the settings of the MetaTrader 5 for Android.
 About — view information about the program.

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IV. Symbol Properties


Symbol trading terms are shown in this window. You can go to this window using the
"Settings" command in context menu of the "Quotes" tab.

In the window displays the following set of parameters set by a broker:


 Symbol name and description — name of a symbol and its short description. Tap to
read additional symbol information on a website.
 Spread — spread in points. If the spread is floating, then the appropriate record is
specified in this point (floating).
 Digits — number of decimal places in the price of the symbol.
 Stops level — channel of prices (in points) from the current price, inside which one
can't place Stop Loss, Take Profit and pending orders. When placing an order inside the
channel, the server will return message "Invalid Stops" and will not accept the order.
 Contract size — number of units of the commodity, currency or financial asset in one
lot.
 Margin currency — currency, in which the margin requirements are calculated.
 Profit currency — currency, in which the profit of the symbol trading is calculated.
 Calculation — method used to calculate the profit (Forex, CFD, Futures, CFD Index, CFD
Leverage).
 Trade — symbol trading mode (full access, long only, short only, close only). Also, trade
can be completely prohibited.
 Type of orders — types of orders placed:
 Good till today including SL/TP — orders that are valid only during one trading day.
With the end of the day, all levels of Stop Loss and Take Profit, as well as pending
orders are deleted.

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 Good till canceled — pending orders are preserved as a trade day changes.
 Good till today excluding SL/TP — when a trade day changes, only pending orders are
deleted, Stop Loss and Take Profit levels are preserved.
 Minimal volume — minimal volume of a deal for the symbol.
 Maximal volume — maximal volume of a deal for the symbol.
 Volume step — step of volume changes.
 Swap type — type of swap calculation:
 In points — specified number of points of the financial instrument price;
 In base currency — specified amount of money in base currency of the financial
instrument;
 In margin currency — specified amount of money in margin currency of the financial
instrument;
 In deposit currency — specified amount of money in deposit currency;
 In percentage terms, using current price — specified percentage of the instrument
price at calculation of swap;
 In percentage terms, using open price — specified percentage of the open price of
position;
 In points, reopen position by close price — at the end of a trading day the position is
closed. Next day it is reopened by the close price +/- specified number of points;
 In points, reopen position by Bid price — at the end of a trading day the position is
closed. Next day it is reopened by the current Bid price +/- specified number of points.
 Swap long — swap for Buy positions.
 Swap short — swap for Sell positions.
 3-days swap — day of the week when a triple swap is charged.

The lower part shows information about quoting and trading sessions of the symbol.

Symbol properties have the landscape view mode.

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V. Symbols
In this section you can customize the set of symbols displayed on the "Quotes" tab. You can
work with these symbols in the MetaTrader 5 for Android. To go to this section, select "
Symbols" after pressing "Menu" on any tab.

Hiding Symbols
To hide symbols, tap at the top of the window. Then tick off all the symbols that you want
to hide, and tap "Delete".

A financial instrument cannot be hidden, if there are open positions or pending orders for it.

Moving Symbols
To change the order of symbols in the "Quotes" tab, use buttons . Tap the button on the
desired symbol, and holding it, drag the symbol to the desired position.

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Adding Symbols

To add a new symbol, tap at the top of the


window

Select a group of symbols. To quickly find the


desired symbol, use the search bar at the top of
the page. Tap , enter the desired symbol and
once again tap .

To add a symbol, tap on its line.

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VI. Charts
A chart shows price changes over time. To switch to this tab, use the top panel of the
MetaTrader 5 application or swipe left to right.

Chart Opening
To open a chart of a financial instrument, run the "Chart" menu command in the "Quotes"
tab.

There is a limit to the depth of price data that can be displayed in the mobile version of the
MetaTrader 5 for Android. The depth of the data depends on the device performance, but it
cannot exceed 1500 bars. As soon as the limit has been reached, the "Maximum bars limit"
notice appears at the bottom of the chart.

Chart Timeframes
In the MetaTrader 5 for Android, you can view 7 chart timeframes: from 1 minute (M1) to 1
day (D1). You can switch between timeframes in the bottom panel of the chart.

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Chart Controls
A user can perform the following manipulations on charts:
 Scrolling — to scroll through a chart, drag your finger left or right.
 Scaling — to zoom in, place two fingers together on the area of the chart you want to
zoom in and then drag your fingers apart. To zoom out, place two fingers on different
parts of the screen and drag them towards each other.
 Full-screen mode — the full-screen mode is automatically enabled when you rotate
your device to the landscape mode. Further you can switch between the full screen
and normal mode by tapping on the chart.
 Change the chart type — there are three chart types available. To switch between
them, go to settings by pressing the "Menu" button on your device. Then select "Chart
type":
 Bar chart — show the chart as a sequence of bars.
 Candlestick — show the chart as a sequence of Japanese candlesticks.
 Line chart — show the chart as a broken line that connects close prices of bars.
 Settings — to open chart settings, press "Menu" and select " Settings".
The Menu button
The Menu button on your device calls a menu with additional commands:
 New order — go to placing a new order.
 Symbols — configure the lists of symbols shown on the "Quotes" TAB.
 Accounts — manage trade accounts.
 Settings — go to the settings of the MetaTrader 5 for Android.
 About — view information about the program.

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VII. Trading
The basis of the profit while working in the financial markets is a simple rule: buy cheap and
sell dear. One of the main functions of the MetaTrader 5 mobile platform for Android is
providing a user with wide opportunities to perform buy and sell operations.
The "Trade" tab features the current state of a trade account, as well as current positions and
pending orders. To switch to this tab, use the top panel of the application or swipe left or
right.

Account State
The current state of a trade account is shown at the top of the tab:
 Profit, currency — the total returns of the current trade positions and the account
deposit currency.
 Balance — money on the account, not accounting for the results of currently open
positions.
 Equity — money accounting for the results of the currently open positions.
 Margin — money required to cover open positions.
 Free Margin — the free amount of money that can be used to maintain open positions.
 Margin Level — percentage of the account equity to the margin volume.

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Positions
Current open positions are shown in this part. By default, only brief information about
positions is shown here. To see more details, tap once on the position line.

1. Symbol — a financial instrument of the open position.


2. Type — position type: "Buy" — long, "Sell" — short.
3. Volume — volume of a trade operation (in lots or units). The minimal volume and its
change step are limited by a brokerage company, the maximal one — by the deposit
size.
4. Price — the price of a deal, as a result of which the position was opened. If an open
position is the result of a number of deals, this field shows their average price (price of
deal 1 * volume of deal 1 * + ... + price of deal N * volume of deal N) / (volume of deal
1 + ... + volume of deal N). The accuracy of rounding of the the weighted average price
is equal to the number of decimal places in the symbol price plus three additional
characters.
5. Price — the current price of the financial symbol.
6. Profit — the financial result of the deal execution, taking into account the current
price. A positive result indicates the profitability of the deal, negative indicates loss.
7. Time — time when the position was opened. The record is represented as
YYYY.MM.DD HH:MM (year.month.day hour:minute).
8. Comment — a comment to a position. A comment can be added only when placing an
order from the PC version of the MetaTrader 5 terminal. The comment cannot be
changed when modifying an order. In addition, a comment on a trade operation can be
added by a brokerage company.
9. S/L — Stop Loss level for the current position. If the order has not been placed, a zero
value is displayed.
10. T/P — Take Profit level for the current position. If the order has not been placed, a
zero value is displayed.
11. Swap — amount of swaps charged.
12. Commission — commission charged by a brokerage company for the execution of the
trade operation.

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VIII. Orders
Pending orders placed are shown in this part. By default, only brief information about orders
is shown here. To see more details, tap once on the order line.

1. Symbol — a financial instrument of the pending order.


2. Type — type of the pending order: "Sell Stop", "Sell Limit", "Buy Stop", "Buy Limit",
"Buy Stop Limit" or "Sell Stop Limit";
3. Volume — volume requested in the pending order, and volume covered by the deal (in
lots or units).
4. Price — price reaching which the pending order will trigger.
5. State — the current status of the pending order: "Started", "Placed" etc.
6. Time — time when the pending order was placed. The record is represented as
YYYY.MM.DD HH:MM (year.month.day hour:minute).
7. Comment — a comment to the order. A comment can be added only when placing an
order from the PC version of the MetaTrader 5 terminal. The comment cannot be
changed when modifying an order. In addition, a comment on a trade operation can be
added by a brokerage company.
8. S/L — level of the placed Stop Loss order. If the order has not been placed, a zero
value is displayed.
9. T/P — level of the set Take Profit order. If the order has not been placed, a zero value
is displayed.
10. Price — the current price of the financial symbol.
11. # — ticket number (a unique identifier) of the pending order.

When approaching the market, the order background is colored in green.

Context Menu
The context menu can be called for a position or an order only when viewing detailed
information. To expand information about a position or an order, tap once on its line. To
display a context menu, tap and hold on the line for a second.

Position Context Menu


 Close position — go to position closing.
 New order — open the trade tab. In this case, the symbol and volume of the trade
operation are automatically set in accordance with the position, on which the context
menu is called.
 Modify position — modify the Stop Loss and Take Profit levels of a position.

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Order Context Menu


 Modify order — open the window of order modification.
 Delete order — go to order canceling.

The Menu button


The Menu button on your device calls a menu with additional commands:
 New order — go to placing a new order.
 Symbols — configure the lists of symbols shown on the "Quotes" TAB.
 Accounts — manage trade accounts.
 Settings — go to the settings of the MetaTrader 5 for Android.
 About — view information about the program.

IX. Common Trading Principles


Before you begin to study the trade functions of the terminal, you must get a clear
understanding of the basic terms: order, deal and position.

 Order
An order is an instruction for a broker to buy or sell a financial instrument. There are
two main types of orders: market and pending. In addition to these types, there are
special orders Take Profit and Stop Loss.

 Deal
A Deal is a fact of buying or selling a symbol. Buy is performed at the Ask price, Sell —
at the Bid price. A deal can appear resulting from the execution of a market order or
triggering of a pending order. Keep in mind that in some cases, execution of an order
can result in several deals.

 Position
A position is a market obligation, i.e. the number of bought or sold contracts of a
financial instrument. A Long Position — a symbol bought expecting the price increase,
Short — an obligation to supply it expecting the price to fall in the future. On one
account for each financial instrument there can be only one position.

General Scheme of Trade Operations


 From the client terminal, an order is sent to a broker to execute a deal with the
specified parameters.
 On the server, correctness of an order is checked (correctness of prices, availability of
funds on the account, etc.).
 Orders that have passed the check wait to be proceeded on the trade server. Then the
order can be:
 executed (in one of automatic execution modes or by a dealer)
 canceled upon expiry
 rejected (e.g. when money is not enough or there is no suiting offer in the market; or
rejected by the dealer)
 canceled by a trader
 Execution of a market order or triggering of a pending order results in a deal.

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 If there are no positions for a symbol, conclusion of a deal results in opening of a


position. If there is a position for the symbol, the deal will lead to increase or reduction
of the position volume, its closure or reversal.

Scheme of trade operations

X. Types of Orders
The MetaTrader 5 mobile terminal for Android allows to prepare requests and request the
broker for execution of trading operations. In addition, the terminal allows to control and
manage the state of open positions. For this purposes, several types of trade orders are used.
An order is an instruction of a brokerage firm's client to conduct a trade operation. In the
terminal, orders are divided into two main types: market and pending. In addition, there are
Stop Loss and Take Profit orders.

Market Order
A market order is an instruction given to a brokerage company to buy or sell a financial
instrument. Execution of this order results in a deal. The price at which the deal is conducted
is determined by the type of execution that depends on the symbol type. Generally, a
security is bought at the Ask price and sold at the Bid price.

Pending Order
A pending order is the client's instruction to a brokerage company to buy or sell a security at
pre-defined conditions in the future. Types of pending orders:

 Buy Limit — trade request to buy at the Ask price that is equal to or lower than that
specified in the order. The current price level is higher than the value in the order.
Usually this order is placed in anticipation of that the security price, having fallen to a
certain level, will increase;

 Buy Stop — trade request to buy at the Ask price that is equal to or higher than that
specified in the order. The current price level is lower than the value in the order.
Usually this order is placed in anticipation of that the security price, having reached a
certain level, will keep on increasing;

 Sell Limit — trade request to sell at the Bid price that is equal to or higher than that
specified in the order. The current price level is lower than the value in the order.
Usually this order is placed in anticipation of that the security price, having increased
to a certain level, will fall;

 Sell Stop — trade request to sell at the Bid price that is equal to or lower than that
specified in the order. The current price level is higher than the value in the order.

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Usually this order is placed in anticipation of that the security price, having reached a
certain level, will keep on falling;

 Buy Stop Limit — this type is the combination of the two first types being a stop order
for placing Buy Limit. As soon as the future Ask price reaches the value indicated in the
order, a Buy Limit order will be placed at the level, specified in the order. The current
price is lower than that, reaching which the pending order will be placed.

 Sell Stop Limit — this type is a stop order for placing Sell Limit. As soon as the future
Bid price reaches the value indicated in the order, a Sell Limit order will be placed at
the level, specified in the order. The current price is higher than that, reaching which
the pending order will be placed. The pending order price is higher than the price of its
placing.

— current market state — forecast


— current price — order price
— the price, reaching which the pending order will be placed
— expected growth — expected fall

Take Profit
Take Profit is intended for making a profit when the price of a financial instrument reaches
the forecast level. Execution of this order leads to a complete closure of the position. It is
always connected to an open position or a pending order. The order can be placed only
together with the market or pending order. When checking the conditions of this order for
long positions, the Bid price is used, and when checking short positions — Ask price.

Stop Loss
This order is intended to minimize the losses if the price of a financial instrument begins
moving in the unprofitable direction. If the price of the instrument reaches this level, the
position is fully closed automatically. Such an order is always connected to an open position
or a pending order. The order can be placed only together with a market or a pending order.

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When checking the conditions of this order for long positions, the Bid price is used, and when
checking short positions — Ask price.

XI. Types of Execution


There are four order execution modes in the MetaTrader 5 mobile terminal for Android:

 Instant Execution
In this mode, an order is executed at the price offered to a broker. When sending an
order to be executed, the terminal sets the current prices in the order. If the broker
accepts the prices, the order is executed. If not, the so-called "Requote" occurs: the
broker returns prices, at which the order can be executed.

 Request Execution
In this mode, a market order is executed at the price previously received from a
broker. Prices for a certain market order are requested from the broker before the
order is sent. After the prices have been received, order execution at the given price
can be either confirmed or rejected.

 Market Execution
In this order execution mode, a broker makes a decision about the order execution
price without any additional discussion with a trader. Sending an order in such a mode
means advance consent to its execution at this price.

 Exchange Execution
In this mode, trade operations conducted in a client terminal are sent to an external
trading system (exchange). Trade operations are executed at the prices of current
market offers.

Execution mode for each security is defined by the brokerage company.

XII. State of Orders


After an order is formed and sent to the trade server, it may pass the following stages:

 Started — the order correctness has been checked, but it hasn't been yet accepted by
a broker.
 Placed — a dealer has accepted the order.
 Partially filled — the order has been filled partially.
 Filled — the order has been completely filled.
 Canceled — the order is canceled by the client.
 Rejected — the order has been rejected by a dealer.
 Expired — the order is canceled due to its expiration.
You can view the state of orders on tabs "Trade" and "History".

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Fill Policy
Except for common rules of order execution set by a broker, a trader can indicate additional
conditions in the "Fill Policy" field of the order placing window:

 Fill or Kill
This policy means that a deal can be executed only with the specified volume. If the
necessary amount of a financial instrument is currently unavailable in the market, the
order will not be executed. The required volume can be filled using several offers
available on the market at the moment;

 Immediate or Cancel
In this case a trader agrees to execute a deal with the volume maximally available in
the market within that indicated in the order. In case the order cannot be filled
completely, the available volume of the order will be filled, and the remaining volume
will be canceled. The possibility of using IOC orders is determined at the trade server.

 Return
This policy is used only for limit orders. In case of partial filling a limit order with
remaining volume is not canceled but processed further.
Use of fill policies depending on the execution type can be shown as the following table:

Type of Execution\Fill Fill or Kill Immediate or Cancel Return


Policy
Instant Execution + — —
Request Execution + — —
Market Execution + — —
Exchange Execution + + —
Limit Orders — — +

XIII.Trade Activity
Trading activity in the MetaTrader 5 for Android implies forming and sending various types of
orders to a broker, as well as managing current positions by modifying and closing them. The
terminal provides ample opportunities of trade management:
 Opening and Closing Positions
 Modification of Positions
 Placing Pending Orders
 Modifying and Deleting Pending Orders

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Opening and Closing Positions


Opening of a position or entering the market is the primary buying or selling of a certain
amount of a financial instrument. In the client terminal, this can be done by placing a market
order, as a result of which a deal is conducted. A position can also be opened as a result of
triggering of a pending order.
Then, in order to profit from the difference of rates, it is necessary to close the position.
When you close a trade position, an operation opposite to the first one is performed. For
example, if the first trade operation was buying one lot of GOLD, then to close the position,
sell one lot of the same instrument.

An entire position or a part of it can be closed, depending on the volume of a trade executed
in the opposite direction.

There are different ways to call the order creation dialog:


 In the "Quotes" window, select the required symbol and execute the "New order"
command of the context menu.
 Press "Menu" on any tab and select " New Order".
 If there are open positions or orders, use the commands of the context menu
commands of the "Trade" tab.
Performing one of these actions will open an order placing window corresponding to the
execution type of the selected symbol:
 Instant Execution
 Request Execution
 Market Execution
 Exchange Execution

Once an order is executed, a corresponding record about an opened position appears on the
"Trade" tab, and the order and the deal (deals) will appear in the "History" tab.

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Instant Execution
In this execution mode, a market order is filled at the price offered to the broker. The mobile
terminal automatically inserts current prices in the order.

Position Opening

At the first stage of opening a position, you


can specify the following parameters:
Symbol — the symbol for which a trade
operation should be executed.
Trade operation type — select "Instant
execution" for the market operation. In this
field you can also switch to placing a
pending order.
Volume — specify here the volume of a
trade operation in lots. To change the
volume, use the arrow buttons or tap on
the box to indicate the volume using the
keyboard.

To continue, tap "Next" at the bottom of


the window.

Before placing orders, you can specify


additional options:

 Stop Loss — the Stop Loss level in


prices. If you leave this field empty,
this type of order will not be set.
 Take Profit — the Take Profit level in
prices. If you leave this field empty,
this type of order will not be set.
 deviation — the deviation of the
order execution price from the
specified price, on which the trader
agrees. The larger this value, the less
likely it is to receive a new execution
price (requote) in response to the
order execution request. If the
deviation is less than or equal to the
specified parameter, the order will be
executed at the new price without a
notice. Otherwise, a broker returns
new prices, at which the order can be
executed.

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To change the value of a parameter, tap on the appropriate field. The onscreen keyboard has
a number of additional commands for changing values:
 — move cursor left and right.
 — to decrease or increase the value. When holding these buttons for a long
time, the speed of value change increases.

Once all the necessary data have been specified, tap "Sell" or "Buy". In this case an order to
open a short or long positions, respectively, is sent to the broker.

If incorrect Stop Loss and Take Profit are specified in an order, a warning "Invalid S/L or T/P"
appears after you tap the Buy or Sell button and the order is not accepted.

Requote
If during order processing the symbol price has changed by an amount greater than that
indicated in the "Deviation" field, the dealer (the server) cannot accept the order and offers
new execution prices to the trader. In this case, an appropriate message is shown:

If the trader agrees with the new prices, he or she should tap "Accept", and the order will be
executed at the new prices. If the new price does not suit, the trader taps "Reject".
The new prices are valid only for a few seconds. If the trader does not decide during that
time, after tapping any button the order will be requoted again.

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User Guide for EF MT5 Android OS platform

Position Closing
In order to close the position you need to tap "Close position" in its context menu on the
"Trade" tab.

Once you tap "Close", the position will be completely


closed.

Request Execution
In the Request Execution mode, prior to performing a trade operation, execution price is
requested from a broker.

Position Opening

Fill out the following fields:


 Volume — volume of an order in lots. To
change the volume, use the arrow buttons
or tap on the box to indicate the volume
using the keyboard.
 Symbol — the symbol for which a trade
operation should be executed.
 Trade operation type — select the
appropriate item for the "Request
Execution" mode. In this field you can also
switch to placing a pending order.

To continue, tap "Next" at the bottom of the window.

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Before requesting prices, you can set the


parameters of the order:
 Stop Loss — the Stop Loss level in
prices. If you leave this field empty,
this type of order will not be set.
 Take Profit — the Take Profit level in
prices. If you leave this field empty,
this type of order will not be set.

To change the value of a parameter, tap on the appropriate field. The onscreen keyboard has
a number of additional commands for changing values:
— move cursor left and right.
— to decrease or increase the value. When holding these buttons for a long time, the
speed of value change increases.

Parameters of the order can be changed only before you request prices. Once the request is
executed, the trader can only place an order with pre-set parameters.

To receive prices, tap "Request". After that, the "Buy" and "Sell" buttons appear in the
window. The quotes offered after a request are valid for only a few seconds. If during this
time, the trader does not decided, then "Buy" and "Sell" buttons will be hidden again.

If incorrect Stop Loss and Take Profit are specified in an order, a warning "Invalid S/L or T/P"
appears after you tap the Buy or Sell button and the order is not accepted.

Position Closing

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User Guide for EF MT5 Android OS platform

In order to close the position you need to tap "Close position" in its context menu on the
"Trade" tab. In the window that appears you also need to tap "Request". After that the close
button appears in the window:

When you tap this button, the position is completely


closed at the requested price. Please note that the
close button also remains available for a few
seconds, during which a trader must make a
decision.

Market Execution
In the Market Execution mode, a trader agrees to execute a deal at the price offered by a
broker.

Position Opening

Fill out the following fields in the order placing


window:
 Volume — volume of an order in lots. To
change the volume, use the arrow
buttons or tap on the box to indicate the
volume using the keyboard.
 Symbol — the symbol for which a trade
operation should be executed.
 Trade operation type — select the
appropriate item for the "Market
Execution" mode. In this field you can also
switch to placing a pending order.

To continue, tap "Next" at the bottom of the window.

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User Guide for EF MT5 Android OS platform

Before placing orders, you can specify an


additional parameter:
Fill Policy — additional rules of filling of the
order: "Fill or Kill" or "Immediate or Cancel".
If this box is not active, then the option is
locked on the server.

A click on "Sell by Market" or "Buy by Market"


creates an order to a broker to execute a Sell
or Buy deal respectively at the broker defined
price.

In the Market Execution mode, the Stop Loss and Take Profit levels can be set only for an
open position while modifying it.
If the "Execution" box is not active, then the option is locked on the server.</t3>

Position Closing
In order to close the position you need to tap "Close position" in its context menu on the
"Trade" tab.

Once you tap "Close by Market", the position will be


completely closed.

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User Guide for EF MT5 Android OS platform

Exchange Execution
In the exchange execution mode, trade operations are sent to an external trading system.
Operations are executed at current market prices.

Position Opening

The following parameters are available in the


order placing window:
 Volume — a volume for a trade
operation. To change the volume, use
the arrow buttons or tap on the box to
indicate the volume using the keyboard.
 Symbol — the symbol for which a trade
operation should be executed.
 Trade operation type — select the
appropriate item for the "Exchange
execution" mode. In this field you can
also switch to placing a pending order.

To continue, tap "Next" at the bottom of the window.

Before placing orders, you can specify additional options:

Fill policy — an additional fill condition for an


operation: "Fill or Kill" or "Immediate or
Cancel". If this box is not active, then the
option is locked on the server.

A click on "Sell" or "Buy" creates an order to a


broker to execute a Sell or Buy deal
respectively.

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Position Closing
In order to close the position you need to tap "Close position" in its context menu on the
"Trade" tab.

Once you tap "Close", the position will be completely closed.

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XIV. Modification of Positions


Modification of the current position implies changing its Stop Loss and Take Profit levels.
Stop levels can be modified in various ways:
 If there is an open position for a symbol, and a new order is placed for it, then the
Stop Loss and Take Profit levels of the new order will be used for the entire position.
 Stop levels can be changed by modifying the position.

Modification of a Position
To modify position stop levels, go to the "Trade" tab and run the "Modify position" command
in the position context menu. After that the following window will appear:

To change the value of a parameter, tap on the appropriate field. The onscreen keyboard has
a number of additional commands for changing values:
 — move cursor left and right.
 — to decrease or increase the value. When holding these buttons for a long
time, the speed of value change increases.

To modify the stop levels of a position, tap "Modify".

Until the Stop Loss and Take Profit are set correctly, the "Modify" button is not active. Terms
of stop levels are determined by the broker and are specified in symbol properties
(specification of contracts).

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XV. Placing Pending Orders


To place a pending order, do one of the following actions:
 In the "Quotes" window, select the required symbol and execute the "New order"
command of the context menu.
 Press "Menu" and select " New order" on any tab.
 If there are open positions or orders, use the commands of the context menu
commands of the "Trade" tab.

The following parameters are specified at


this stage:
 Volume — volume of an order in lots.
To change the volume, use the arrow
buttons or tap on the box to indicate
the volume using the keyboard.
 Symbol — the symbol for which you
place a pending order.
 Trade operation type — select the
type of a pending order. In this field
you can also switch to placing a
market order.

To continue, tap "Next" at the bottom of the window.

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The following parameters are specified at this stage:


 Price — price at which the pending order should trigger. For stop and limit orders this
is the price, at which they will be placed. For Stop Limit orders, this is the price of
triggering and setting of limit orders at the level specified in "Stop Limit Price".
 Stop Limit Price — this field is active only for Stop Limit orders. When the Stop Limit
order triggers, a limit order will be placed at the price specified in it.
 Stop Loss — the Stop Loss level. If you leave this field empty, this type of order will not
be set.
 Take Profit — the Take Profit level in prices. If you leave this field empty, this type of
order will not be set.
 Expiration — conditions of the order expiration:
 Good Till Canceled (GTC) — the order will stay in the queue until it is manually
canceled.
 Today — the order will be valid only during the current trading day.
 Date and Time — the order will be valid until the specified date. When selecting this
option, you will automatically switch to the date and time specification. To return to
choosing the expiration type, remove the expiration date.
 Date — he order will be valid until 00:00 of the specified day. If this time is not within a
trading session, expiration will occur in the nearest trading time.
To change the value of a parameter, tap on the appropriate field. The onscreen keyboard has
a number of additional commands for changing some of the parameters:
 — move cursor left and right.
 — to decrease or increase the value. When holding these buttons for a long
time, the speed of value change increases.

The "Place" button is inactive if the parameters of the order are incorrect.
Stop Loss and Take Profit trigger only on open positions and do not work on pending orders.
If the field "Execution" and "Expiration" fields are inactive, it means the possibility to change
them is locked on the.

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User Guide for EF MT5 Android OS platform

XVI. Managing Pending Orders


During trading, you may need to modify a pending order: set a new activation price, change
stop levels or its expiration time. This can be done in the order editing window. In the same
window, you can delete an order.

Order Modification
To modify a pending order, go to the "Trade" tab and run the "Modify order" command in
the order context menu.

Almost all fields of a pending order can be


modified, just like when placing one, except for
the volume. Once the parameters are set, tap
"Modify".

If the order parameters are incorrect, the


"Modify" button is inactive.

Deleting Pending Orders


To delete a pending order, select "Delete order" in its context menu on the "Trade" tab.

Pending orders are deleted automatically at the


time specified in the "Expiration" field. In the
"History" tab, a deleted pending order is marked
as "Canceled".

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User Guide for EF MT5 Android OS platform

XVII. History
On this tab you can view the history of trade operations conducted on a trading account. To
switch to this tab, use the top panel of the application or swipe left or right.
There are two operation viewing modes: Orders and Deals. You can switch between them at
the bottom of the tab.

Orders

The following summary information is displayed in the upper part: the total number of
orders, the number of filled and canceled orders.
By default, only brief information about orders is shown here. To see more details, tap once
on the order line.

1. Symbol — a financial instrument of the order.


2. Type — type of the order: "Buy", "Sell", "Sell Stop", "Sell Limit", "Buy Stop", "Buy
Limit", "Buy Stop Limit" or "Sell Stop Limit".
3. State — result of the order placing: "Filled", "Partially", "Canceled" etc.
4. Volume — volume requested in the order (in lots or units). The minimal volume and its
change step are limited by a brokerage company, the maximal one — by the deposit
size.
5. Price — price specified in the order at which the trade operation should be executed.
6. Execution time — order execution time. The record is represented as YYYY.MM.DD
HH:MM (year.month.day hour:minute).

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7. Time — the time when the order was placed by the trader. The record is represented
as YYYY.MM.DD HH:MM (year.month.day hour:minute).
8. Comment — a comment to the order. A comment can be added only when placing an
order from the PC version of the MetaTrader 5 terminal. The comment cannot be
changed when modifying an order. In addition, a comment on a trade operation can be
added by a brokerage company. If an order was executed as a result of triggering of
Stop Loss or Take Profit, a comment like [sl price] or [tp price] is added automatically.
9. Order — ticket number (a unique identifier) of a trade operation.
10. S/L — level of the placed Stop Loss order. If a trade position has been closed by Stop
Loss, the order is colored in red. If the order has not been placed, a zero value is
displayed.
11. T/P — level of the set Take Profit order. If a trade position has been closed by Take
Profit, the order is colored in green. If the order has not been placed, a zero value is
displayed.

Deals
In the upper part, the result of deal execution
relative to the initial deposit is shown:
Deposit — deposit of the account.
Profit — profit or loss relative to the initial
deposit.
Swap — the total amount of added/charged
swaps.
Commission — the total amount of
commissions taken for execution of deals.
Balance — the current account balance.

By default, only brief information about deals is


shown here. To see more details, tap once on
the deal line.

1. Symbol — a financial instrument of the deal.


2. Type — type of a trade operation: "Buy" — a buy deal, "Sell" — a sell deal, "Balance"
— a balance operation.

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3. Direction — direction of the deal relative to the current position on a particular


symbol: "in", "out" or "in/out".
4. Profit — the financial result of position exiting. For entry deals, zero profit is shown.
5. Volume — volume of an executed deal (in lots or units).
6. Price — the deal was executed at.
7. Time — time of the deal. The record is represented as YYYY.MM.DD HH:MM
(year.month.day hour:minute).
8. Comment — a comment to the deal. A comment can be added only when placing an
order from the PC version of the MetaTrader 5 terminal. The comment cannot be
changed when modifying an order. In addition, a comment on a trade operation can
be added by a brokerage company. If a deal was executed as a result of triggering of
Stop Loss or Take Profit, a comment like [sl price] or [tp price] is added automatically.
9. Deal — ticket number (a unique identifier) of a deal.
10. Order — ticket number (a unique identifier) the trade was executed on. Several deals
can correspond to one order, if the required volume specified in the order was not
covered by one market offer.
11. Swap — the size of the swap.
12. Charges — commission charged for the deal execution.

If a deal has been executed as a result of triggering of Stop Loss, it is colored in red. If Take
Profit has triggered, the deal is colored in green.

Customize the History Appearance


You can configure the depth of the history of deals. To go to settings, tap .

In this window you can choose the period, for


which trade operations will be shown in the
history. You can specify either one of the
predefined periods, or set your own one (tap
"Select period"). In the second case, you will
switch to period specification.

The Menu button


The Menu button on your device calls a menu
with additional commands:
 New order — go to placing a new
order.
 Symbols — configure the lists of
symbols shown on the "Quotes" TAB.
 Accounts — manage trade
accounts.
 Settings — go to the settings of the
MetaTrader 5 for Android.
 About — view information about
the program.

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User Guide for EF MT5 Android OS platform

XVIII. Accounts
This section allows you to manage your trading account. To go to this section, press "Menu"
on any of the tabs of the MetaTrader 5 for Android, and then select " Accounts".

The number of the currently connected


account is show at the top of the window.
Below connection parameters are shown:
 Traffic — amount of incoming and
outgoing traffic for the current session of
the MetaTrader 5 for Android.
 Server — the name of the server, to
which the mobile terminal is currently
connected.
 Point — the name of the access point,
through which the terminal is currently
connected to a server.

Account Management
Each account that is used for the connection is saved in the list. In order to connect to the
account, just tap on its line or select "Login" in its context menu.

 Adding accounts — to open a new demo account or connect using details of a


previously opened account tap at the top of the window.

 Deleting accounts — to delete an account from the list, open a context menu by
touching and holding (for about 1 second) the account line. Then select "Delete".

Offline Mode
The offline mode allows you to view different information in a standalone mode, without the
use of Internet connection:
 Current positions and pending orders
 Loaded Charts
 Previously loaded history of trade operations
 Information on symbols
To enable the offline mode, press "Menu" and select " Go offline". After that the account
disconnects from the server.

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Context Menu
To display a context menu, tap and hold on the account line for a second. It contains the
following commands:
 Login — connect to a selected account.
 Delete — delete a selected account.
 The Menu button
 The Menu button on your device calls a menu with additional commands:
 Go offline — switch to an offline mode.

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User Guide for EF MT5 Android OS platform

Opening a Demo Account


In the MetaTrader 5 mobile platform for Android you can work with two types of accounts:
demonstration (demo) and real. Demo accounts provide the opportunity to work in a training
mode without real money, allowing to test a trading strategy. They have the same
functionality as the real ones. The difference is that the demo accounts can be opened
without any investment and, therefore, one cannot expect to profit from them.
To start opening a demo account, tap on the account management page.

In this window, select "Open demo account."

Select a Server

At this stage, you select EuroFinance Server.


To select a server, tap on its line.

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User Guide for EF MT5 Android OS platform

Account Parameters

Specify the following account parameters on this


stage:
 Name — the full name of the user, no less
than eight characters long.
 Phone — contact phone number in an
international format. For example,
+74951234567.
 E-mail — e-mail address, for example:
"john@smith.com".
 Account type — select the type of account.
 Leverage — ratio between borrowed and
owned funds for trading.
 Deposit — the initial deposit in the basic
currency.

To open an account, tap the "Register" button at the top of the window.

Completion of Account Registration

After some time a new demo account will be


allocated to you. Its parameters will be displayed
as shown here.
 Name— the name of the account owner.
 Account type — the type of the account
and the leverage size.
 Deposit — the initial deposit.
 Login — the number of the opened
account.
 Password — a password to access the
account. This is a master password, which
allows to perform trade operations on this
account.
 Investor — investor password. It allows
you to connect using this account, view its
state and analyze the price dynamics, but
it does not allow trading.

If you have any problems with registration, please contact the Euro-Finance technical support
team.
Using the "Copy to clipboard" button, you can copy the parameters of the opened account to
clipboard in order to save them in any other application.
To complete the account opening process and connect to it, tap "Done" at the bottom of the
window.

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User Guide for EF MT5 Android OS platform

Account Connection
To connect to an account, you need a login and password of a previously opened account.
Two types of account access are available in the MetaTrader 5 for Android: master and
investor. Authorization using the master password gives full rights for working with the
terminal. When using investor authorization, you can view the account state and analyze
prices, but you cannot trade. The investor access is a convenient tool for demonstrating the
trading process on the account.
To connect to an account, tap on the account management page.

In this window, select "Login with existing account".

Select a Server

At this stage, you select EuroFinance Server.


To select a server, tap on its line.

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User Guide for EF MT5 Android OS platform

Login

Specify the following connection parameters on this stage:


 Login — the number of the account used for connection.
 Password — the master or investor password for the account.
 Server — the name of the server for connection.

If you enable the "Save password" option, the next time you will be authorized automatically
without having to enter the password. If you disable it, every time you will need to type in
your password again.

To log in, tap "Login" at the bottom of the window.

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User Guide for EF MT5 Android OS platform

XIX.Settings
To go to the settings of the MetaTrader 5 for Android, press "Menu" on any tab and choose
" Settings".

The following settings are available here:


 Advanced mode — switch
between the full and reduced
representation of information in
the "Quotes" window. If you
enable the extended view, the
tab displays additional
information about symbols:
spreads, time, the High and Low
prices. In the simple view mode
only the Bid and Ask prices are
shown.

 Line type — select the type of


charts:

 Bar chart — show the chart as a


sequence of bars.

 Candlestick — show the chart as


a sequence of Japanese
candlesticks.

 Line chart — show the chart as a broken line that connects close prices of bars.

 Show volumes — volume options:


 Don't show volumes
 Show tick volumes
 Show real volumes

 Show trade levels — when this option is enabled, all positions and pending orders of
a symbol are shown on the symbol chart. Trade operations are displayed as lines with
signatures at the level of the price, at which they were executed.

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User Guide for EF MT5 Android OS platform

XX. Tablet Version

MetaTrader 5 for Android has an interface adapted for tablets. This interface is used
automatically when running the application on such devices.

The functionality of the smartphone and the tablet version is identical. However, they
have a slight difference in location of some interface elements. This section provides
explanatory pictures for the tablet version of MetaTrader 5 for Android.

1. General Functions

1. Account management
2. Trading and account history
3. Quotes
4. Symbol management
5. Chart functions

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User Guide for EF MT5 Android OS platform

2. Account Management

1. Current account
2. Account management menu (open by tapping on the current account)
3. Add account
4. Login to existing account (opened by tapping on the "Create account" button)
5. Open a demo account (opened by tapping on the "Create account" button)

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1. Additional functions menu: certificate management, password management,


MetaTrader 5 for Android settings, about the program.
2. Management of certificates for extended authorization (opened by tapping on the
"Certificates" button in the additional functions menu)
3. Changing passwords of the current account (opened by tapping on the "Change
password" button in the additional functions menu)
4. Settings of MetaTrader 5 for Android (opened by tapping on the "Settings" button
in the additional functions menu)

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3. Quotes

1. Symbol price information


2. Symbol context menu (opened by tapping on a symbol): place new order, open
the chart, open the symbols properties, switch between simple/advanced view

4. Symbol Management

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User Guide for EF MT5 Android OS platform

1. End symbol set up


2. Symbol list
3. Symbol properties (opened by tapping on a symbol in the list)
4. Add symbol
5. Delete symbols

5. Trading

1. Current state of account


2. Extended view of position (opened by a single tap on a position in the list)
3. Pending order
4. Context menu of positions and orders (opened by a long tap on a position or
order in the list): close position, new order for the same symbol,
order/position modification

Euro-Finance
43 Christopher Columbus blvd., 1592 Sofia, Bulgaria
tel.: +359 (0) 700 156 56; fax: +359 (0) 2 981 14 96
support@eurofinance.bg ; www.eurofinance.bg

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