How Do I Use Sell Limit Bitcoin Order in MetaTrader 5 Software?
How Do I Trade BTCUSD and Use Sell Limit Bitcoin Order in MetaTrader 5 Software?
The example illustrated below explains how to set a sell limit bitcoin order on MT5 platform.
A sell limit bitcoin order is an order to sell a cryptocurrency at a better bitcoin trading price after the btcusd trading market bitcoin trading price has retraced.
Setting Sell Limit BTCUSD Orders in MetaTrader 5 Software
To set up these sell limit bitcoin orders in MT5 platform use the following procedure:
- Right click on bitcoin chart
- Choose "Trading" Option on the Menu
- Then Select "New" Order Option on the Pop-up widow that pops up
- Then on the trade setup popup panel that pops up (illustrated below), under the label "Type" choose the option of "Pending BTCUSD Order" instead of "market execution" order
- Under the pending cryptocurrency trading order options select the pending cryptocurrency order type: for This trade choose "Sell Limit Bitcoin Order" so as to place a pending sell limit bitcoin order and after which specify the bitcoin price at which you want the sell entry limit bitcoin order executed.
How Do You Use Sell Limit Crypto Order on MetaTrader 5?
Analyze & Use Sell Limit Bitcoin Order on MetaTrader 5?
