How Do You Use Bitcoin Stop Loss Order in the MT5 Platform?

How Do You Trade Bitcoin and Use Stop Loss Bitcoin Order on MetaTrader 5 Platform Software?

A stop loss order bitcoin btcusd crypto order is an order used in btcusd crypto trading to close-out an open trade if the trade transaction moves against the online trader's open trade position by a certain number of pips.

Once the stop loss cryptocurrency trading order is set at a specified level, this stop loss crypto order will automatically close out the open trade once the price chart gets to this stop loss crypto order bitcoin price level. Stop-loss order is used in bitcoin trading equity management so that to prevent and stop further losses if a trade is going against the direction of the online trader's open trade.

Set Stop Loss Bitcoin Order Setting When Opening New Bitcoin Order in the Tools Menu in the MT5 Platform

To open new order to buy or sell a trade use tools menu window within the MetaTrader 5 Software just as shown below.

The New crypto order button for placing a new btcusd trade is highlighted below. (MT5 Short Cut key board Keys 'F9')

How Do I Use Bitcoin Stop Loss Order in MetaTrader 5 Software Platform?

Once you select the new crypto order button as high-lighted & shown above the following bitcoin trade order window popup will appear and you as a trader can use this trade order window popup to set StopLoss Bitcoin Order Area for your new bitcoin trade.

This pop-up includes the settings for placing a new bitcoin cryptocurrency trade order as well as the settings for setting Stop Loss Bitcoin Order Level.

How Do You Trade Bitcoin and Use Stop Loss Bitcoin Order in MetaTrader 5 Software Platform?

Following Stop Loss Crypto Order Settings are specified for placing a new StopLoss:

StopLoss Order - Set Stop Loss Bitcoin Order, This option can be set after opening a trade, or for pending btcusd crypto orders

Open the Buy or Sell Bitcoin Crypto Currency Trade by Pressing the Following Button Keys:

Sell by Market - Open a Sell BTC USD Crypto Trade
Buy by Market - Open a Buy BTC/USD CryptoCurrency Trade

To Buy at current btcusd crypto price and open a new bitcoin crypto order choose the Buy by Market bitcoin order button

To Sell at current bitcoin price and open a new bitcoin crypto order select and choose the Sell by Market btcusd crypto order button

After you open the new trade positions use the StopLoss Bitcoin Order Window Above to Set The Stop Loss Order Bitcoin Order for the New Order

You also can get this panel so that to modify an open buy or sell btcusd crypto trade - To find & get this order panel for a buy bitcoin trade, right-click on opened buy or sell bitcoin cryptocurrency trade, then after that you click 'Modify Order' after you click on modify order button key the above trading order settings button key will pop-up & appear & you as a trader can set StopLoss Bitcoin Order using the method explained above.

Analyze & Use TP Crypto Orders and Use Stop-Loss Bitcoin Order on the MT5?

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How Do You Use Bitcoin Stop Loss Order in the MT5 Platform?

How Do You Trade Bitcoin and Use Stop Loss Bitcoin Order on MetaTrader 5 Platform Software?

Set Stop Loss Bitcoin Order Setting When Opening New Bitcoin Order in the Tools Menu in the MT5 Platform