XAUUSD Trading Set a Gold Order on MT5

Trading XAUUSD Set a Gold Order on MT5

Set New Gold Order on Tools Menu in MT5

To set new xauusd order to buy or sell a trade can be found on the MT5 tools menu that is found in the MT5 Platform. Button key for placing a new trade order is shown below. (MT5 Short Cut Keyboard Keys 'F9')

XAUUSD Trading Set a Gold Order in MetaTrader 5 - How to Set a Gold Order in MetaTrader 5?

Placing a New XAUUSD Order

As a trader, once you choose the new xauusd order button key as illustrated above the following popup window will appear. This popup includes all the settings for placing a new trade order.

Set a Gold Order on MT5? - How Do I Set a Gold Order in MetaTrader 5?

The Following Order Settings are specified for setting a new gold trade order:

1. Quote - Specify the instrument to be traded.
2. Volume - The Number of Lots to be transacted
3. Stop Loss Gold Order - Set Stop Loss XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
4. Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
5. Type: Market Execution Gold Order or Pending XAUUSD Order
6. Sell by Market - Open a Sell XAUUSD Trade
7. Buy by Market - Open a Buy XAUUSD Trade

To Buy at current gold price hit Buy by Market button key

To Sell at current gold price hit Sell by Market button key

Interpret & Set Gold Order in MetaTrader 5