How Do You Use Take Profit XAUUSD Order on MT5?
How Do You Use Take Profit XAUUSD Order on MT5?
Take Profit XAUUSD Orders are orders used to close open trades at a profit - xauusd take-profit orders take profit and close the trade once the specified take-profit level specified by a trader is reached.
Take profit orders automatically close trades at a profit once the set takeprofit level is reached on the gold chart.
Setting Take Profit XAUUSD Order When Opening New Gold Order on Tools Menu in MT5
To open a new xauusd order to buy or sell a trade use the tools menu that is found in the MT5 XAUUSD Trading Platform as shown below.
The New xauusd order button for placing a new xauusd trade is shown below. (MetaTrader 5 Short Cut Keyboard Keys 'F9')
How Do I Use Take Profit XAUUSD Order in MetaTrader 5 - How to Use Take Profit XAUUSD Order in MetaTrader 5?
Once you select the new xauusd order button key as illustrated above the following xauusd trade order popup window will appear and you as a trader can use this trade order popup window to set the Take Profit XAUUSD Order Level for your new gold trade transaction.
This pop up includes the settings for placing a new xauusd trade order as well as settings for setting Take Profit XAUUSD Order Level.
How Do I Use Take Profit XAUUSD Order in MetaTrader 5?
The Following Take Profit XAUUSD Order Setting are specified for placing a new take profit gold trade order:
Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
Open the Buy or Sell XAUUSD Trade by Clicking on the Following Buttons:
- Sell by Market - Open a Sell XAUUSD Trade
- Buy by Market - Open a Buy XAUUSD Trade
To Buy at current gold price & open new xauusd order select Buy by Market xauusd order button
To Sell at current gold price & open new xauusd order select Sell by Market xauusd order button
After opening the new trades use Take Profit XAUUSD Order Panel Above to Set TP order for the New XAUUSD Order.
You can also get this window panel so as to modify an already open buy or sell xauusd trade - To find & get this order panel for a buy xauusd trade, right-click on the opened buy or sell xauusd trade, then after that click on 'Modify Order' after you click on modify order button the above trading order settings button key will pop up and you can set Take Profit XAUUSD Order using the step by step procedure described above.
Analyze & Use Take Profit XAUUSD Order in MetaTrader 5?
