What is MT5 charting?
MT5 charting is the analysis half of trading a MetaTrader 5 account — everything you do before the order ticket opens.
Concretely: reading price on a chart, moving between timeframes to see the same market at different scales, applying indicators to measure trend, momentum or volatility, marking structure and levels with drawing tools, and setting alerts so you don't have to sit on every chart at once. MetaTrader 5 does all of this in the terminal, and for a great many traders that's the end of the story.
Some traders want a different analysis environment around the same account, though — usually because they work across many charts at once, keep a large body of saved levels and zones, or want visualisations the standard terminal doesn't include. That's the gap a separate charting workspace fills, and it's what this page is about.
Tradify is a browser-based charting and analysis environment for MetaTrader 5 traders. It brings its own charting engine — 89 indicators, 84 drawing tools, seven chart styles, more than two dozen timeframes, multi-chart layouts, alerts, bar replay and order-flow visualisation — and can connect to your MT5 account for live broker prices and, optionally, execution. It doesn't replace MetaTrader 5, and it isn't a MetaQuotes product: your account and broker relationship stay exactly where they are.
Chart MT5 markets in your browser
Tradify runs in a browser tab. There's no charting application to install, no license tied to one machine, and the workspace is the same whether you're on the desktop you trade from or a laptop somewhere else. Charts render through GPU-accelerated WebGL — with a Canvas fallback for browsers without it — so panning and zooming stay fluid across 100,000+ candles with indicators loaded.
The division of labour is worth stating once, clearly. MetaTrader 5 is the account and trading environment. Tradify is a charting workspace that sits alongside it and can connect to it. You can use Tradify's charting on its own market feed without connecting anything at all — the MT5 link is what you add when you want your own broker's prices on the chart, or when you want to trade from it.
Chart the Tradify feed
Forex, indices, commodities, crypto and bonds, with years of history that load as you scroll back and market closures shown as real gaps rather than padded with invented bars. No connection required.
Chart your own MT5 prices
Connect a terminal and its Market Watch symbols stream in live, so the quotes on the chart are the ones your broker is actually showing you. Each connected terminal appears separately.
Technical analysis tools for MT5 traders
There are 89 indicators built in, and every one is adjustable — periods, smoothing, bands and thresholds all come from a settings dialog, and the chart recomputes as you change them. The count matters less than the coverage, so here's how they break down by the job they do.
Trend 24
17 moving averages, from SMA and EMA through to adaptive families — Hull, Kaufman, VIDYA, Fractal Adaptive, Tillson T3, Zero-Lag, McGinley Dynamic. Plus seven trend overlays: Ichimoku Cloud, Supertrend, Parabolic SAR, VWAP, Williams Alligator, Linear Regression and MA Ribbon.
Volatility & containment 14
Six bands and channels — Bollinger, Keltner, Donchian, MA Envelope, VWAP Bands, Price Channel — for where price is stretched relative to its own range, plus eight volatility measures including ATR, Standard Deviation, Historical Volatility, Bollinger Band Width and %B.
Momentum 23
16 oscillators — RSI with automatic divergence detection, Stochastic, Stochastic RSI, CCI, Williams %R, Rate of Change, Connors RSI, Aroon, Choppiness and more — alongside the seven-strong MACD family: MACD, PPO, TRIX, KST, True Strength Index, Price Oscillator, Gator.
Trend strength 6
ADX/DMI, Vortex, Mass Index, Coppock Curve and Linear Regression Slope — the difference between "price is going up" and "the move has something behind it", which is usually the question that decides whether you take a continuation entry.
Participation 10
Volume studies: On-Balance Volume, Money Flow Index, Chaikin Money Flow, Accumulation/Distribution, Klinger, Ease of Movement, Net Volume and a volume oscillator.
Structure & context
Pivot Points in Standard, Camarilla and Fibonacci variants, pivot high/low markers, ZigZag and Williams Fractals, automatic chart-pattern detection, automatic Supply & Demand zones that persist until price revisits them, and session overlays shading Tokyo, London and New York on the chart.
Two of those deserve calling out for how they change a working day. RSI divergence is detected for you rather than eyeballed, and the Supply & Demand zones draw themselves and stay on the chart until price comes back to them — which removes the most tedious part of maintaining a levels map by hand. Session shading matters more than it sounds: on FX, knowing at a glance whether a move happened in the London window or in thin Asian hours is often the whole context.
One limit worth knowing up front: the free Starter plan allows three indicators on a chart at a time. Pro+ removes the cap.
Analyse multiple MT5 charts at once
Most analysis is comparative. You're rarely asking "what is this chart doing" so much as "what is this chart doing relative to the higher timeframe, or to the pair it usually moves with". Multi-chart layouts put up to four independent panes in one workspace, arranged from eight preset layouts — side by side, stacked or gridded — with every pane holding its own symbol, timeframe, indicators and drawings, all updating live at the same time Pro+.
- Context above, timing below. Daily or H4 in one pane for the level you care about, M5 or M1 in another for the entry — without losing the higher-timeframe drawing every time you switch.
- Correlated instruments side by side. The pair you're trading next to the index, the dollar or the related cross that usually leads it.
- One market, several lenses. The same symbol as candles in one pane and as a tick chart or footprint in another.
- A workspace that stays put. Panes and side panels drag to the size you want, and anything you're not using collapses out of the way.
Pane counts follow the plan — two on Pro, four on Elite — and the free Starter plan is a single chart.
Build your analysis directly on the chart
A chart isn't only for looking at price. For most discretionary traders it's the working document — the place the analysis actually lives, accumulated over weeks. Tradify ships 84 drawing tools in six groups, and every one of them can be selected, dragged, reshaped by its handles and restyled after the fact.
Lines & channels 19
Trend lines, rays, extended lines, arrows, info lines, horizontal and vertical lines, parallel and disjoint channels, regression trend, and the full Andrews' Pitchfork family.
Fibonacci & Gann 14
Retracement, extension, channel, timezone, fan, wedge, circles, arcs and the golden-ratio spiral, plus Gann fans, boxes and squares.
Patterns & waves 14
Harmonic patterns (XABCD, Cypher, ABCD), Head & Shoulders, Three Drives, Triangle, and the complete Elliott Wave label set — impulse, corrective and combination.
Measurement 10
Risk/Reward, Long and Short position tools, price range, date range, forecast and projection zones, and Anchored VWAP.
Shapes 12
Rectangles, circles, ellipses, triangles, rotated rectangles, curves and arcs, plus a freehand brush and a highlighter for marking a chart up quickly.
Annotations 15
Text labels, notes, callouts, balloons, signposts, price labels, flags and directional arrow markers — the reasoning, written next to the level it belongs to.
The details that decide whether you actually use them
- Shift locks the angle. Holding Shift constrains a trend line, ray, channel or path to horizontal, vertical or 45° while you draw it or drag either end.
- Keyboard shortcuts for the tools you reach for constantly, so marking a level doesn't mean hunting through a menu.
- Style templates. Set a tool's colours, width and line style once and save it as the default, so your demand zones always look like your demand zones.
Managing a chart with fifty drawings on it
This is the part most charting comparisons skip, and it's the part that bites after a month of use. The Objects panel lists every drawing on the current symbol as a tree — grouped by timeframe, ordered by real duration rather than alphabetically, front-most first — with a search box and a filter for the timeframe you're on.
- Hide or lock any row with one click. Hidden drawings become unclickable rather than lingering as invisible objects that swallow clicks.
- Group your levels — name a set "liquidity sweeps" or "weekly zones" and show, hide or delete the whole set at once.
- Multi-select with Shift and Ctrl/Cmd, then act on everything at once.
- Copy a set to another symbol. Pasting retargets the current symbol and timeframe, which is how a zone template moves from one pair to another.
- Rename, duplicate and reorder — duplicates land offset by a couple of bars so the copy isn't hidden underneath the original.
Your drawings are saved to your account, not to the browser. They're stored per user and per symbol, so clearing your browser doesn't lose them and they're there when you sign in from a different machine. Drawing never waits on the network either — everything is written locally first and synced in the background, so a flaky connection can't stall the chart while you're marking a level.
Go beyond traditional MT5 charts
A candle is a summary. It tells you where price opened, how far it travelled and where it closed — and nothing about how it got there. Two identical-looking candles can be built from completely different activity: one absorbed steady selling on the way up, the other was a thin drift with nothing behind it. Order-flow visualisation is the attempt to see that difference.
- Footprint charts — a heat-map inside each candle showing how much traded at every price and on which side, with the Point of Control (the price that traded most) and imbalances between bid and ask activity marked.
- Cumulative delta — net buying against selling pressure, tracked across bars, which is where a divergence between price and participation becomes visible.
- Buy/sell volume split — volume bars separated by side instead of a single column.
- Tick charts — bars that close on activity rather than the clock, from 1 to 1000 ticks, so a dead hour stops generating bars at all.
- Time & Sales — the individual prints as they happen.
- Depth of Market and spread analysis — where the resting orders sit.
None of this predicts anything. It's a richer description of what has already happened, and like every other tool on this page it's only as good as the reading. If you haven't traded off a footprint before, the sensible route is replay and paper trading for a few weeks before it influences a live position.
Where this data comes from. The order-flow tools are built on Tradify's own market feed — footprint bars, tick-count bars, delta and depth are all derived server-side from it. They are not reconstructed from a personal MetaTrader 5 stream: your terminal's connection carries your broker's prices and your account, and Tradify does not build footprint or depth out of it. Since chart panes each choose their own data source, the normal setup is to read flow on the Tradify feed in one pane while your MT5 symbols run in another. Order flow is an Elite-plan feature.
Practice your MT5 charting workflow
Reading a setup on a finished chart is easy, because you already know what happened next. Bar replay takes that away: it steps historical price forward bar by bar, or plays it back at a pace you choose, so you're reading the chart with the right-hand side genuinely hidden Pro+.
- 1Find the setup
- 2Mark it up
- 3Replay it
- 4Paper trade
- 5Review
Paper trading places simulated trades with nothing at risk, and can run over that replayed history. Sessions record their trades, stop and target hits and total profit or loss, and stay available afterwards Pro+. Because it all happens in the same workspace you'd trade in — same layout, same drawings, same tools — what you rehearse actually transfers.
To be precise about what this is: bar replay is a manual rehearsal tool for discretionary analysis, not an automated backtesting engine that runs a rule set over years of data unattended. It won't tell you a strategy is profitable, and nothing here should be read as implying it will.
Stay focused on the levels that matter
The point of marking levels is not to watch them. Alerts fire on a price crossing a level you set, on a technical condition rather than raw price, or on a trendline you've drawn — the last one being the useful case, because a diagonal level moves with time and can't be watched with a static price alarm.
Notifications arrive as in-app pop-ups, a sound, a screen flash or a browser push, so an alert still reaches you with the tab in the background. Alerts are created, paused and deleted from one place, organised by symbol. How many you can hold at once follows the plan: one on the free Starter plan, twenty on Pro, unlimited on Elite.
Making the workspace yours
- Drawing style templates so each tool draws in your colours by default.
- Dark and light themes, and panels that resize or collapse.
- A symbol watermark behind the price action, so a screenshot always says what it's showing.
- One-click PNG snapshot with both axes, the OHLC and indicator legends included — for the journal, or for sending someone a level.
Saved workspaces are not shipped. Drawing style templates exist and your drawings persist per symbol, but saving a whole named layout — panes, symbols, indicators and all — is on the roadmap rather than in the product today. Worth knowing if profiles are central to how you work in MetaTrader, because that's a place the terminal is currently ahead.
Create custom indicators with AI
When the built-in set doesn't cover what you want to measure, there's a script editor for writing your own indicators and strategies, and an AI script generator that turns a plain-English description into a starting script Elite. The scripting documentation covers the language and the API.
The honest framing: generated code is a first draft. It needs reading, testing against a chart you know well, and correcting — the same as any code you didn't write yourself. It isn't a system that predicts markets or produces trades on its own, and treating it that way is a good way to trade a bug.
Tradify vs. using MT5 charts alone
MetaTrader 5's charting is more capable than it's often given credit for, and much of what it does depends on your broker and your configuration rather than being fixed. This table isn't a scorecard — there's a row below where the terminal is plainly ahead. It's here to show what a second charting layer adds, so you can judge whether that's worth the setup.
| Charting capability | MT5 | Tradify + MT5 |
|---|---|---|
| Browser-based charting | Web terminal available; desktop is the main environment | Full charting workspace in the browser, nothing to install |
| Technical indicators | Built in, plus the MQL5 Market | 89 built in, all adjustable (3 at a time on Starter) |
| Drawing tools | Built-in object set, with an object list | 84 in six groups, plus a grouping Objects panel |
| Drawing persistence | Stored with the terminal profile on that machine | Saved to your account per symbol; available on any machine |
| Multi-chart layouts | Multiple chart windows, tiled | Up to 4 panes in 8 preset layouts Pro+ |
| Templates & profiles | Chart templates and saved profiles built in | Drawing style templates; saved workspaces on the roadmap |
| Alerts | Built-in alerts | Price, indicator and trendline alerts, with browser push |
| Footprint | Not built in; third-party products exist | Point of Control and imbalances, on the Tradify feed Elite |
| Cumulative delta | Not built in; third-party products exist | Built in, on the Tradify feed Elite |
| Time & Sales | Built in; depends on the broker's data | Built in, on the Tradify feed Elite |
| Depth of Market | Built-in DOM window; depth depends on the broker | DOM and spread analysis, on the Tradify feed Elite |
| Replay | Strategy Tester visual mode — a different tool | Bar replay, step or play Pro+ |
| Paper trading | Broker demo account | Simulated sessions with recorded P&L Pro+ |
| Direct MT5 execution | The terminal places every order | Sent from the chart, routed to your terminal Pro+ |
| Trade journal | Account history and exportable reports | Trades recorded into a review workflow Elite |
| Custom indicators | MQL5 in MetaEditor, plus a large public market | Script editor, plus plain-English AI generation Elite |
Read the "templates and profiles" row carefully if profiles are how you work — MetaTrader saves whole named workspaces and Tradify doesn't yet. That one genuinely goes the other way.
How Tradify connects to MT5
Briefly, because it's covered properly elsewhere. An Expert Advisor called TradifyConnector runs inside your own MetaTrader 5 terminal and links it to Tradify:
- Your MetaTrader 5 terminal Broker, account, Market Watch symbols.
- TradifyConnector An Expert Advisor attached to a chart. Streaming and trading are separate toggles — enable either, or both.
- Tradify charts, in the browser Your broker's live prices on Tradify's charting engine.
Setup takes about two minutes and needs no coding — the MetaTrader 5 setup guide has the exact folder paths, the current connector build and the terminal settings. Two things carry over into charting: the terminal has to be running for its stream to reach you, and a personal MT5 stream is live-only, so deep scrollback and replay history come from Tradify's feed rather than your broker.
From MT5 charting to execution
Analysis usually ends in a decision, and the same workspace can take it. With the connector's trading capability enabled, market, limit and stop orders with stop loss and take profit go from the chart to your terminal, and open positions are managed there too Pro+. In practice the Risk/Reward or Long/Short tool you drew during analysis becomes the order — entry, stop and target are already on the chart.
That side of things is a subject of its own, and the MT5 trading platform guide covers it properly: order routing, position management, what the connection does and doesn't control. Charting doesn't require any of it — the trading capability is an optional half of the connector.
Who is Tradify's MT5 charting workflow for?
Worth trying if…
- You want browser-based charting you can reach from any machine
- You work across several timeframes or instruments at once
- You maintain a large body of levels, zones and annotations
- Footprint, delta or DOM are part of how you read a market
- You want replay and paper trading in the environment you analyse in
- You'd like the analysis and the order to happen in one place
Probably unnecessary if…
- MetaTrader's own charting already does what you need
- You trade one instrument on one timeframe and don't want more tooling
- Saved profiles are central to your workflow — MT5 is ahead there today
- Your broker or account setup restricts Expert Advisors
- You can't keep a terminal running when you need your own prices live
The free Starter plan is enough to judge the charting itself, with limits worth knowing: three symbols, one chart pane, three indicators and one alert. Layouts, replay, paper trading and seconds timeframes are Pro; order flow, the journal and AI scripting are Elite. If you're comparing browser charting platforms in general rather than weighing one against MetaTrader, the TradingView alternative guide is the closer comparison.
Frequently asked questions
What is MT5 charting?
The technical analysis a trader does around a MetaTrader 5 account: reading price across timeframes, applying indicators, marking levels and structure with drawing tools, and setting alerts. It can happen in the MetaTrader 5 terminal itself, or in a separate charting environment connected to the same account.
Can I use Tradify for MetaTrader 5 charting?
Yes. Tradify is a browser-based charting environment with its own engine — 89 indicators, 84 drawing tools, seven chart styles, multi-chart layouts, alerts, bar replay and order-flow visualisation — that MT5 traders can use alongside their account. It's an independent product, not a MetaQuotes one, and it doesn't replace the terminal.
Can I connect my MT5 account to Tradify?
Yes, via the TradifyConnector Expert Advisor running in your own terminal. Streaming market data and routing trades are separate capabilities and you can enable either or both. Connecting is optional for charting — you can chart Tradify's own feed without it. See the setup guide.
Can Tradify stream MT5 market data?
Yes, with the streaming capability enabled — live ticks and candles for the symbols in your terminal's Market Watch. A personal MT5 stream is live-only and never stored, so deep history and scrollback come from Tradify's own market feed.
How many indicators does Tradify have?
89, covering moving averages and trend overlays, bands and channels, momentum oscillators, the MACD family, trend strength, volatility, volume, pivots and structure, automatic Supply & Demand zones and session overlays. All are adjustable. Starter allows three at a time; Pro and Elite are unlimited.
How many drawing tools does Tradify have?
84, in six groups: lines and channels (19), Fibonacci and Gann (14), patterns and waves (14), measurement (10), shapes (12) and annotations (15). All are reshapeable by their handles and restylable, and styles save as reusable templates.
Does Tradify support footprint charts?
Yes, with Point of Control and imbalances marked. Footprint and the rest of the order-flow toolkit are built on Tradify's own market feed rather than reconstructed from a personal MT5 stream. Order flow is an Elite-plan feature.
Does Tradify have cumulative delta?
Yes — net buying against selling pressure over time, alongside a buy/sell volume split. Both are Elite-plan features built on the Tradify feed.
Does Tradify have a DOM?
Yes, with spread analysis, alongside Time & Sales and tick charts. Depth is served from Tradify's market feed; depth messages from a personal MT5 stream aren't carried. Elite-plan features.
Can I use multiple charts at once?
Yes. Up to four independent panes in eight preset arrangements, each with its own symbol, timeframe, indicators and drawings, all live at the same time. Two panes on Pro, four on Elite; the free Starter plan is a single chart.
Can I replay historical markets?
Yes. Bar replay steps through history bar by bar or plays it back, so you read the chart without knowing what came next. It's a manual rehearsal tool for discretionary analysis, not an automated backtesting engine. Available on Pro and Elite.
Can I paper trade?
Yes — simulated trades with nothing at risk, which can be run over replayed history. Sessions record their trades, stop and target hits and total P&L, and stay available for review. Available on Pro and Elite.
Can I trade my MT5 account from the chart?
Yes, with the connector's trading capability enabled: market, limit and stop orders with SL and TP, plus position management from the chart. Execution is on Pro and Elite, with a 7-day MetaTrader 5 execution trial on every new account. Charting doesn't require it. The MT5 trading platform guide covers execution in depth.
Do I need to install MetaTrader 5 to use Tradify?
Not for charting. Tradify runs in the browser and charts its own market feed with no MetaTrader install involved. MT5 is needed only to stream your own broker's prices or to trade your own account — that requires a running terminal with the TradifyConnector Expert Advisor attached to a chart.
Upgrade your MT5 charting workflow
Open the charts first and see whether the workspace suits you. Connecting a terminal is a separate step you can take later, or never.
Free Starter plan · Nothing to install in the browser · No MetaTrader connection needed to chart
MetaTrader 5 and MetaTrader are trademarks of MetaQuotes Ltd. Tradify is an independent product and is not affiliated with, endorsed by or sponsored by MetaQuotes, and is not a MetaQuotes product. Connecting a MetaTrader 5 account requires a terminal you control and a broker that permits Expert Advisors; check your broker's terms. Nothing on this page is investment advice, and no trading outcome is implied or guaranteed.