Exness MT5

The Exness MT5 Web Terminal is a convenient option for traders who need flexibility and quick access to their accounts from anywhere in the world, without the need to download and install the Exness MT5 software.

Connecting your Exness account to the MT5 Web Terminal is a simple process.

1. Access the Web Terminal
Head to the official Exness website and select the MT5 Web Terminal. It will load directly in your browser without needing to download anything.

2. Login with Your Exness Account
After launching the terminal, you will be prompted to log in. Use the same credentials you created for your Exness account.

How to connect Exness account to MT5:
Enter your account number and password provided by Exness. Select the appropriate server, which should match the one associated with your account.

How to connect Exness demo account to MT5:
If you’re using a demo account, follow the same login process but ensure you select the "Demo" server during login.

3. Start Trading
Once logged in, the Web Terminal interface will appear, and you can begin trading instantly. The web version offers a streamlined experience, with access to charting tools, order types, and real-time quotes.

4. Linking Multiple Accounts
If you have multiple Exness accounts, you can easily switch between them in the Web Terminal. Go to the "Navigator" panel, where you can log in and out of different accounts without leaving the terminal.

This process makes connecting your Exness account to the MT5 Web Terminal quick and straightforward, allowing you to trade efficiently and effectively from any device.

Here are some commonly used chart patterns by traders:

After understanding chart patterns, the next step is to apply appropriate strategies. These patterns can provide signals to enter or exit the market, but strategies should be adjusted according to market conditions and the timeframe used.

3. Price Action Patterns
Price action trading is a trading method that relies on historical price movements without using technical indicators. In this analysis, patterns like triple bottom or head and shoulders are very important. Traders who use price action typically look for reversal or continuation patterns to open or close positions.

Patterns like double bottom and morning star are very suitable for identifying bullish reversal opportunities. When these patterns appear, there is usually a significant chance that a downtrend will reverse, providing an opportunity for traders to enter buy positions.

Head and shoulders and evening star are patterns often used to signal that a bullish trend will soon reverse into a bearish trend. These patterns provide signals to see bullish engulfing and bearish engulfing provide clear signals for trend reversals. The three white soldiers pattern (three consecutive bullish candlesticks) is a strong signal for a continuation of the uptrend, while three black crows indicate a continuation of the downtrend.

Candlestick patterns like bullish engulfing and bearish engulfing provide clear signals for trend reversals. The three white soldiers pattern (three consecutive bullish candlesticks) is a strong signal for a continuation of the uptrend, while three black crows indicate a continuation of the downtrend.

For short-term traders, Exness Metatrader 5 provides charts with low timeframes such as M1 to M15, which are ideal for capturing small market movements.

Scalping traders typically use small timeframes like M1 or M5. Patterns like doji candle or bullish flag often appear in these timeframes and provide signals for quick movements. For intraday trading, H1 to H4 timeframes are preferred. Patterns like ascending triangle or bearish engulfing can provide stronger signals within this timeframe.

In short-term investments, patterns such as triangle patterns and flag patterns are very useful for capturing significant breakouts. For example, when the price consolidates within a triangle pattern and then breaks through a resistance or support level, it is a strong signal to enter the market.