<h2>Near Term: A Comprehensive Guide</h2>
<p>The <strong>near term</strong> in trading refers to the short-term time frame in which traders expect a particular event or price movement to occur. This could range from a few hours to a few weeks. It's a crucial concept for traders, especially those using platforms like MetaTrader 5, as it helps in planning and executing trades.</p>

<h2>How It Works</h2>
<p>The near term is determined by the trader's perspective and the specific market conditions. Here's how it works:</p>
<ul>
  <li>Traders identify a potential trading opportunity based on market analysis.</li>
  <li>They then estimate the time frame within which this opportunity is likely to play out. This is the near term.</li>
  <li>Traders set their entry, stop loss, and take profit levels based on this time frame.</li>
</ul>
<p>For instance, a trader might identify a support level on a daily chart and expect a bounce within the next few days. In this case, the near term would be a few days.</p>

<h2>Why It Matters for Traders</h2>
<p>Understanding the near term is vital for traders for several reasons:</p>
<ul>
  <li><strong>Risk Management</strong>: Knowing the near term helps traders set appropriate stop loss levels, protecting their capital from unnecessary risks.</li>
  <li><strong>Trade Planning</strong>: It helps traders plan their trades effectively. They can decide whether to hold a trade overnight, close it at the end of the day, or even automate it using MetaTrader 5's Expert Advisors.</li>
  <li><strong>Expectation Management</strong>: It helps traders manage their expectations. They know when to expect results and can adjust their strategies if the market doesn't behave as expected within the near term.</li>
</ul>

<h2>Example</h2>
<p>Let's consider a simple example using the EUR/USD pair on MetaTrader 5:</p>
<table>
  <tr>
    <th>Entry Point</th>
    <th>Stop Loss</th>
    <th>Take Profit</th>
    <th>Expected Duration</th>
  </tr>
  <tr>
    <td>1.1300</td>
    <td>1.1280</td>
    <td>1.1320</td>
    <td>2 days</td>
  </tr>
</table>
<p>In this case, the near term is 2 days. The trader expects the price to move within this time frame and has set their risk management levels accordingly.</p>

<h2>Key Takeaways</h2>
<ul>
  <li>The <strong>near term</strong> is a trader's estimated time frame for a particular trading opportunity.</li>
  <li>It's crucial for risk management, trade planning, and expectation management.</li>
  <li>Traders should use it in conjunction with their chosen platform's tools, like MetaTrader 5's charting and Expert Advisors.</li>
</ul>