How Do You Set Gold Pending Orders on MetaTrader 5?

How Do You Set Gold Pending Orders on MetaTrader 5?

There are two types of xauusd pending gold trade orders:

These are Limit orders & Stop orders as explained below:

Limit Gold Orders on MetaTrader 5

To set up these limit xauusd orders in MT5 platform use the following procedure explained:

1. Right click on xauusd chart
2. Choose 'Trading' Option on the Menu
3. Then Choose 'New' Order Option on the Pop-up widow that pops up
4. Then on the trade setup pop up panel that appears (illustrated below), under the label 'Type' choose the option of "Pending XAUUSD Order" instead of 'market execution' order
5. Under the pending xauusd order options select the pending xauusd order type: for This trade choose "Buy Limit XAUUSD Order" or "Sell Limit XAUUSD Order" so as to set a pending limit xauusd order

How Do You Set Gold Pending Orders in MT5

Stop Gold Orders on MetaTrader 5

1. Open a XAUUSD Trading Gold Trading Chart
2. Right-Click on Chart to open the Trade 'Order' Window
3. On the Trade Order Panel, Choose Pending XAUUSD Order as shown below
4. Select Pending Order Type as Buy Stop or Sell Stop XAUUSD Order as Shown below
5. After selecting Buy Stop XAUUSD Order or Sell Stop Gold Order - Click 'Place' Order & specify the sell stop gold price level where the order will be opened

How Do You Set Gold Pending Orders on XAUUSD MT5 Trading Software?

Interpret & Set Gold Pending Orders in MetaTrader 5?