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How Do You Interpret MT5 Pending Orders on MT5?

How Do I Interpret MetaTrader 5 Pending Orders on MT5?

MetaTrader 5 Pending orders are used in xauusd to buy or sell xauusd at a different price than that of current price.

There are four types of Meta Trader 5 xauusd pending trade orders:

MT5 Buy Limit Order

MT5 Buy Stop Order

MetaTrader 5 Sell Limit Order

MetaTrader 5 Sell Stop Order

Traders can use the MetaTrader 5 order panel to select any of these pending windows as shown on the MetaTrader 5 order window example illustrated below:

A Menu of Pending Orders on the MetaTrader 5 Software

To Set a pending order at another price, Change the order execution type of order on the order trade window 'Type' selection from 'Market Execution' to 'Pending Order" as illustrated below.

A menu list of Meta Trader 5 pending orders will appear & show the following options.

  1. Buy Limit Order
  2. Sell Limit Order
  3. Buy Stop Order
  4. Sell Stop Order

These options for MetaTrader 5 pending trade orders are displayed below:

How Do You Interpret MetaTrader 5 Pending Orders in MT5? - MT5 Pending Orders

How Do You Interpret MetaTrader 5 Pending Orders on MT5

To learn what MetaTrader 5 pending orders are read the tutorials:

Setting up Meta Trader 5 Buy Limit Order & MT5 Sell Limit Order - Meta Trader 5 Pending Orders on MT5

Setting up Meta Trader 5 Buy Stop Order & MT5 Sell Stop Order - Meta Trader 5 Pending Orders on MT5

Once you select the type of Meta Trader 5 xauusd pending order to set: then click the 'Place' button as shown on the above MT5 pending order screenshot to complete the MetaTrader 5 pending order trade setup.

How Do I Interpret Gold MetaTrader 5 Pending Orders on MT5?