Trade Place a Sell Stop Order on MT5

Trade Place a Sell Stop Order on MetaTrader 5 Platform

To set a Sell Stop order on MetaTrader 5 Software - Use the "New Order" window in MetaTrader 5 software 'Tools' menu.

Place New Order on Tools Menu in MetaTrader 5 Software

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

Trade Place a Sell Stop Order on MetaTrader 5

Placing a New Order

As a trader, once you select the new order button as illustrated above the following pop up window will appear. This pop up includes all the parameters for placing new order.

Trade Place a Sell Stop Order on MetaTrader 5

Select the trading instrument that you want to set a Sell Stop Order for - then open it is chart & from the chart set the Sell Stop Order using the Sell Stop order setting procedure explained on this example displayed below:

Trading Open a Sell Stop Order Trade in MT5

1. Open a XAUUSD Chart
2. Right-Click on Chart to open the Trade 'Order' Window
3. On the Trade Order Panel, Choose Pending Order as illustrated below
4. Choose Pending order Type as Sell Stop Order as Show below
5. After choosing Sell Stop Order - Click 'Place' Order and specify the sell stop price level where the trade order will be opened

Trade Place a Sell Stop Order in MT5 XAUUSD?

Set a Sell Stop Order on MT5