How Do You Set Gold Pending Orders on MT5?

How Do You Set Gold Pending Orders on MT5?

There are two types of xauusd pending gold trading orders:

These are Limit orders & Stop orders as described below:

Limit Gold Orders in MetaTrader 5 XAUUSD

To set up these limit xauusd orders in the MetaTrader 5 platform use the following procedure described:

1. Right click on xauusd chart
2. Choose "Trading" Option on the Menu
3. Then Select "New" Order Option on the Popup widow that pops up
4. Then on the trade setup popup panel that appears (illustrated below), under the label "Type" choose the option of "Pending XAUUSD Order" instead of "market execution" order
5. Under the pending xauusd order options select the pending xauusd order type: for This trade choose "Buy Limit XAUUSD Order" or "Sell Limit XAUUSD Order" so as to set a pending limit xauusd order

How Do You Set Gold Pending Orders in MetaTrader 5 - How to Set Gold Pending Orders in MetaTrader 5?

Stop Gold Orders in MetaTrader 5 XAUUSD

1. Open a XAUUSD Gold Trading Chart
2. Right-Click on the Chart to open the Trade "Order" Window
3. On the Trade Order Window Panel, Choose Pending XAUUSD Order as shown below
4. Select Pending Order Type as Buy Stop or Sell Stop XAUUSD Order as Shown below
5. After selecting Buy Stop XAUUSD Order or Sell Stop Gold Order - Click "Place" Order and specify the sell stop gold price level where the order will be opened

How Do You Set Gold Pending Orders in MetaTrader 5?

Analyze & Set Gold Pending Orders in MetaTrader 5?