How Do You Read Buy & Sell Crypto Currency Orders in MetaTrader 5 Charts?
Bitcoin Trade Buy & Sell Crypto Currency Orders in MT5 Bitcoin Charts
To open a buy or a sell bitcoin trade in the MT5 platform software - open the MarketWatch Window, Select the Bitcoin Crypto Currency Symbol you as a trader want to open a Bitcoin Trade with, open the btcusd chart of the symbol by double-click on the bitcoin price quote, then from the btcusd chart open a bitcoin buy or sell bitcoin trade using the MT5 order window shown below:
Set New Order in the Tools Menu in MetaTrader 5 Software
A new buy/sell order to buy/sell a btcusd instrument can be found in the tools menu within MT5 BTC/USD Crypto Platform. The "New Order" button for placing a new trade on the MT5 platform software is shown below. (MT5 Short Cut key board Keys 'F9')
How Do I Read Buy & Sell Orders in MetaTrader 5 Charts
Buy or Sell Order on the MT5
As a bitcoin cryptocurrency trader, once you choose the new bitcoin order button as high-lighted & shown above the following trade order popup window will then appear. This pop-up includes the settings for opening new trade.
Choose Buy to open a Buy Bitcoin Trade
Choose Sell to open a Sell Bitcoin Trade
How Do I Read Buy & Sell Orders on MetaTrader 5 Charts
Following Settings are specified for setting up & placing a new bitcoin btcusd cryptocurrency order:
- Symbol - Specify the trading instrument to be traded - bitcoin crypto.
- Volume - Number of Lots to be traded
- Stop Loss Crypto Order - Set StopLoss Crypto Order, This option can be set after opening the trade, or for pending bitcoin crypto orders
- Take Profit Order - Place TP BTCUSD Crypto Order, This option can be set after opening the trade, or for pending btcusd crypto orders
- Type: Market Execution or Pending BTC/USD Crypto Order
- Sell by Market - Open Sell BTC USD CryptoCurrency Trade
- Buy by Market - Open Buy BTC/USD Crypto Trade
To Buy at ruling bitcoin price select the Buy by Market button
To Sell at ruling btcusd crypto price choose the Sell by Market button
Interpret Buy & Sell Crypto Currency Orders in MT5 Bitcoin Charts
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