Analyze and Set Commodity Trading Pending Orders on MT5 Software

How Do You Trade Commodity Trading and Set Commodity Pending Orders on MT5 Platform?

There are two types of commodity trading pending orders:

These are Limit orders & Stop orders as explained below:

Limit Commodity Orders in MT5 Commodity Trading

To set up these limit commodity orders in the MetaTrader 5 software use the following explained procedure:

1. Right click on commodity chart
2. Select 'Trading' Option on the Menu
3. Then Choose 'New' Order Option on the Pop-up widow that pops up
4. Then on the trade setup pop up window panel that pops up (illustrated below), under label 'Type' choose the option of "Pending Commodity Order" instead of 'market execution' order
5. Under the pending commodities trading order options select the pending commodity order type: For This trade choose 'Buy Limit Commodity Trading Order' or 'Sell Limit Commodity Trading Order' so that to place a pending limit commodity trading order

How to Set Commodity Trading Pending Orders on MT5 Software?

Stop Commodity Orders in MT5 Commodity Trading

1. Open a Commodity Trading Commodities Trading Chart
2. Right Click on Chart to open the Trade 'Order' Window
3. On the Trade Order Panel, Choose Pending Commodity Order as illustrated below
4. Choose Pending Order Type asBuy Stop or Sell Stop Commodity Trading Order as Shown below
5. After selecting Buy Stop Commodity Trading Order or Sell Stop Commodities Trading Order - Click 'Place' Order & specify the sell stop commodity trading price level where the order will be opened

How Do I Trade Commodity Trading and Set Commodity Trading Pending Orders on MT5 Software?

How Do I Trade Commodity Trading and Set Commodity Trading Pending Orders on MT5 Software