Trading Bitcoin Set Pending Bitcoin Orders on MetaTrader 5

How Do I Trade Bitcoin and Set Pending Bitcoin Orders on MetaTrader 5?

There are two different types of pending cryptocurrency orders:

These are Limit orders and Stop orders as described below:

Limit Bitcoin Orders on MetaTrader 5

To set up these limit cryptocurrency orders in the MetaTrader 5 platform use the following procedure:

1. Right click on bitcoin chart
2. Choose 'Trading' Option on the Menu
3. Then Select 'New' Order Option on the Popup widow that pops up
4. Then on the trade setup popup window panel that pops up (illustrated below), under the label 'Type' choose the option of "Pending BTCUSD Order" instead of 'market execution' order
5. Under the pending cryptocurrency trading order options select the pending cryptocurrency order type: for This trade choose "Buy Limit Bitcoin Order" or "Sell Limit Bitcoin Order" so as to set a pending limit bitcoin order

Crypto Trading Set Pending Crypto Orders in MT5?

Stop Bitcoin Orders on MetaTrader 5

1. Open a Bitcoin BTCUSD Trading Chart
2. Right Click on the Chart to open the Trade 'Order' Window
3. On the Trade Order Window Panel, Choose Pending Bitcoin Order as shown below
4. Choose Pending Order Type as Buy Stop or Sell Stop BTCUSD Order as Shown below
5. After selecting Buy Stop Bitcoin Order or Sell Stop Cryptocurrency Order - Click 'Place' Order and specify the sell stop bitcoin price level where the order will be opened

Analyze and Set Pending Bitcoin Orders in MT5?

Analyze and Set Pending Bitcoin Orders in MT5?