In this video I show you how to install and setup MetaTrader 5 to successfully trade binary options online. Firstly, you’ll need to download MetaTrader 5, either from the MetaQuotes webpage, or via another broker Then you’ll need to install it using the defauly setup, unless you need to specify an install location other than the default.
Once MetaTrader has finished installing, load up the software and create a demo account. All in all, this process will take no more than 5-10 minutes.
Once you’ve installed the software and signed in, next you’ll want to setup the layout of the charts, setting up the color of your candle sticks, choosing whether you want to have a grid behind the candle sticks, things like that. Finally, and this is probably the most important part of the process, you’ll be setting up your indicators.
In this video I show you how to set up the indicators I use most frequently when trading online. These are: Bollinger Bands, RSI, CCI and Stockastic. Follow along with the video for exact details on how to set them up. Once you’re all set up, you’ll be well on your way to trade profitably.