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MT5 is known as the upgraded adaptation of MT4 and many traders choose MT5 because of how efficient it is.
What is one key difference between MT4 and MT5 platforms?
A.MT4 has more charting tools
B.MT5 has a limit on the number of symbols that can be listed
C.MT5 offers more trading instruments
D.MT4 offers more pending order types
What is one benefit of MT5 over MT4 regarding charting capabilities?
A.MT5 offers fewer graphical objects
B.MT5 provides access to more timeframes
C.MT5 has a hard limit on the number of symbols that can be listed
D.MT5 offers fewer technical indicators
How many timeframes can charts be represented in MT5?
A.9
B.17
C.21
D.25
What does the MT5 platform offer in terms of technical indicators?
A.44 built-in technical indicators
B.30 built-in technical indicators
C.38 built-in technical indicators
D.21 built-in technical indicators
Which platform offers a wider selection of pending order types?
A.MT4
B.MT5
C.Both platforms offer the same number of pending order types
D.Neither platform offers pending order types
What advantage does MT5 offer traders in terms of symbols that can be listed?
A.It has a hard limit of 1024 symbols
B.It has no limit and can accommodate hundreds or thousands of symbols
C.It only allows forex-based instruments
D.It offers fewer financial markets to trade in
What is the significance of MT5's economic calendar feature?
A.It provides access to real-time market prices
B.It allows customization of trading robots and technical indicators
C.It helps traders track macroeconomic events and their impact on the market
D.It facilitates manual trading
What feature is unique to MT5 regarding order types?
A.It offers buy stop, buy limit, sell stop, and sell limit orders
B.It offers buy stop, buy limit, sell stop, sell limit, buy stop limit, and sell stop limit orders
C.It only offers buy stop and sell stop orders
D.It only offers buy limit and sell limit orders
MT5 is known as the upgraded adaptation of MT4 and many traders choose MT5 because of how efficient it is.
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