Russian fintech company MetaQuotes said on Friday it has released an updated version of the iOS application for the MetaTrader 5 (MT5) trading platform, which features history of trading positions. Prior to the addition of the new feature, trading history consisted only of orders and deals.
The platform builds a single record with all collected historic data on deals related to a position. The record also includes the following:
- position opening and closing time determined by the first and last trades
- position volume – if the position was closed partially, the record contains the closed and initial volumes
- the weighted average open and close prices of the position
- the total financial result of deals related to the position
MT5 is the successor of MT4, which is the worlds’ most widely-used forex trading platform. It uses MQL5 programming language and allow automated trading via Expert Advisors (EAs). It is available as an application for desktop and mobile devices and features advanced charting package, trading and analysis tools, alerts, signals, and customizable indicators. The platform allows four types of order execution – Instant, Request, Market and Exchange.
MT5 has been increasingly gaining momentum as the number of forex brokers and traders using it has been growing.