Trade Forex Trading

XAUUSD Set TP Order in MT5 Android Gold App

Trading Set TP Order in MT5 Android Gold App

Take Profit are orders used to close open trade transactions at a profit - xauusd takeprofit orders are used to take profit and close an open trade once the specified takeprofit level specified by a trader is reached.

XAUUSD TP orders automatically close transactions at a profit once set takeprofit point is reached on the chart.

Set TP Order When Opening New Order on Tools Menu on MT5 Android Gold App

To open new order to buy or sell a trade use the tools menu that's found in the MT5 Android App as pictured below.

New order button for placing a new trade is illustrated below. (MT5 Short Cut Keyboard Keys 'F9')

How Do I Set TP Order in MT5 Android App? - How Do I Set TP Order in MetaTrader 5 Platform?

XAUUSD Set TP Order on MT5 Android App

Once you select the new order button as illustrated above the following order popup window will appear & you as a trader can use this order popup panel to set the Take Profit Order Level for your new trade.

This pop up includes settings for placing new order as well as parameters for setting TP Order Level.

How to Modify a Take Profit Order in MetaTrader 5 Platform

Set TP Order in MT5 Android Gold App?

The Following TP Order Setting are specified for placing a new take-profit order on MT5:

Take Profit - Set TP Order, This option can be set after opening a trade, or for pending orders

Open Buy or Sell Trade by Clicking on the Following Buttons:

  1. Sell by Market - Open Sell Trade
  2. Buy by Market - Open Buy Trade

To Buy at ruling price and open new order choose Buy by Market order button

To Sell at ruling price and open new order choose Sell by Market order button

After opening the new trades use MT5 Take Profit Order Window Panel Above to Set TP order for the New Order.

You can also get this MT5 trading panel window to modify an already open buy or sell xauusd trade - To find and get this MT5 trading order panel window for a buy trade or sell xauusd trade, right-click on the opened buy trade or sell xauusd trade, then after that click on 'Modify Order' after you click on modify order button the above order settings button will pop up & you can set Take Profit using the step by step guide described above.

Gold Set TP Order in MT5 Android App

XAUUSD Set TP Order on MT5 Android App