How Do I Use TP Bitcoin Order in the MT5 Platform?
How Do You Trade Bitcoin and Use TakeProfit Bitcoin Order on MetaTrader 5 Platform Software?
Take Profit Bitcoin Orders are orders used to close open trades at a profit - tp orders take-profit and close out the trade once the specified take-profit level specified by a btcusd trader is reached.
Take profit orders automatically close out trade positions at a profit once the set takeprofit level is reached on btcusd crypto chart.
Placing TP Bitcoin Order When Opening New Order in the Tools Menu in the MT5 Platform
To open a new bitcoin cryptocurrency order to buy or sell a trade use the tools menu within MT5 Software just as illustrated below.
The New bitcoin crypto order button for opening a new bitcoin cryptocurrency trade is shown below. (MetaTrader 5 Short Cut key board Keys 'F9')
How Do I Use Take-Profit in the MT5 Platform?
Once you choose the new btcusd crypto order button as is illustrated & shown above the following bitcoin trade order window panel pop up will appear and you as a btc/usd trader can use this order window pop-up to set the TakeProfit Order Bitcoin Order Level for your new bitcoin crypto trade position.
This pop up includes the settings for placing a new btcusd crypto trading order as well as the settings for setting TP Order Bitcoin Crypto Currency Order Level.
How Do You Trade Crypto and Use Take-Profit on the MT5 Platform?
Following Take Profit Bitcoin Order Parameters are specified for placing a new tp order bitcoin trading order:
Take Profit Order - Set TP Bitcoin Order, This option can be set after opening the trade, or for pending bitcoin cryptocurrency orders
Open Buy or Sell BTCUSD CryptoCurrency Trade by Clicking the Following Button:
- Sell by Market - Open a Sell BTCUSD Crypto Trade
- Buy by Market - Open a Buy Bitcoin Trade
To Buy at prevailing bitcoin price and open a new bitcoin crypto order choose the Buy by Market bitcoin crypto order button
To Sell at prevailing bitcoin price and open a new btcusd bitcoin crypto currency order choose & select the Sell by Market bitcoin crypto order button
After you open the new trade positions use the TP Bitcoin Order Window Panel Above to Set TakeProfit for the New Order.
You also can get this panel so that to modify an open buy or sell btcusd crypto trade - To find and get this order panel window for a buy bitcoin crypto trade, right click in opened buy or sell bitcoin trade, then after that you click the 'Modify Order' after you click on modify order button key the above order settings button key will pop-up & appear & you as a trader can set Take Profit Bitcoin Order using the method explained above.
Interpret and Use TakeProfit Bitcoin Order in MetaTrader 5 Software?
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