Today’s lesson focuses on chart templates and profiles within the Deriv MT5 platform—features that help streamline your workflow and maintain consistency in your market analysis. Mastering templates and profiles is key to optimizing your trading environment and boosting your productivity.

What are chart templates in Deriv MT5?

A chart template is a pre-set configuration that stores your chosen chart style, studies, and visual preferences. By saving a template, you ensure the following settings are preserved and can be quickly reused:

• Preferred chart type (Line, Bar, or Candlestick)
• Price scale and chart zoom level
• Selected indicators and custom settings for each one
• Any Expert Advisor running on the chart, along with its setup

Applying a newly created template to another instrument or timeframe instantly transfers all these preferences for a uniform look and feel, saving time and reducing manual adjustment. For instance, you might build a template that displays a Moving Average and RSI with your favorite colors and periods, then deploy it across numerous charts in seconds. Templates are saved as TPL files in the \MQL5\Profiles\Templates directory, and Deriv MT5 includes default options for auto-application to new or specially-created charts.

How to create and save a chart template

Let’s go through a sample scenario:

1. Open any chart (e.g., EUR/USD) on Deriv MT5.
2. From the top menu, select Insert > Indicators > Trend > Moving Average.
3. Set the desired parameters—for example, a period of 20, the color red, and a bold line style—then confirm.
4. Once your chart displays the chosen settings, right-click anywhere on the chart, hover over Templates, and select Save Template.
5. Assign a relevant name, like “20 SMA Setup,” and click Save.

You can update these templates whenever your strategy evolves—modifying, loading, or deleting them as needed.

Understanding profiles in Deriv MT5

While templates manage individual chart appearances, profiles are about organizing your entire chart workspace. A profile records:

• Every chart currently open
• How those charts are sized and placed on your screen
• The specific template assigned to each chart

When you switch to a saved profile, your entire layout—including all charts and their arrangements—restores instantly. Charts you close or move will be tracked within your active profile, and you can view their arrangement under the ‘Window’ menu. The currently open profile name is always visible in the program's status bar.

How to create and save a profile

Try the following steps for profile management:

1. Open several charts, such as multiple indices or currency pairs.
2. Add relevant indicators—perhaps a 20-period Moving Average—to each.
3. Go to File > Profile > Save As, and enter a new name for this group setup.
4. Once saved, you can conveniently switch between profiles for different strategies or markets.

Conclusion

By leveraging chart templates and profiles on Deriv MT5, you can save valuable time, ensure standardization across all your trading visuals, and quickly reorganize your platform to fit any analysis situation. Practicing these tools in your demo account will help you master them and customize your trading experience for better results.

Look out for our next lesson, where we’ll explore indicators on Deriv MT5 and how they can sharpen your analysis even further. Trade smart, and happy charting!