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How Do You Set XAUUSD Orders in MT5 Gold Charts?

How Do You Set XAUUSD Orders in MT5 Charts?

To set a new order on MetaTrader 5 platform use the procedure explained below:

Place New Gold Order on Tools Menu in MT5 Platform

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

MT5 Orders - How to Trade and Set Orders on MT5 Gold Charts - How to Place a Order on Platform

How Do You Set XAUUSD Orders in MetaTrader 5 Charts

Placing a New Order

Once you choose new order button as shown above the following order pop up panel will appear.

This pop up includes settings for placing new order.

How Do You Trade and Set Orders on MT5 Gold Charts? - How Do I Set Trade Orders in Charts?

How Do You Set XAUUSD Orders in MetaTrader 5 Charts?

The Following Order Settings are specified for setting new order:

  1. Quote - Specify the instrument to be traded.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss - Set Stop Loss XAUUSD Order, This option can be set after opening a trade, or for pending orders
  4. TP Order - Set TP XAUUSD Order, This option can be set after opening a trade transaction, or for pending orders
  5. Type: Market Execution or Pending Gold Order
  6. Sell by Market - Open Sell XAUUSD Trade
  7. 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

Interpret & Set XAUUSD Orders in MetaTrader 5 Charts?