Trade Forex Trading

XAUUSD Trading Set Take Profit Orders in MT5 Charts

Trading Set Take Profit Orders in MT5 Charts

Place TakeProfit When Opening Orders in MetaTrader 5

To place TP Order when opening new order on MT5 use the guide explained below:

Set Take Profit When Opening New Order on Tools Menu in MetaTrader 5 Software

To open new order to buy/sell a trade use the tools menu that's found in the MT5 Gold Software as shown below.

The New order button for placing a new trade is illustrated below. (MT5 Short Cut Keyboard Keys 'F9')

How Do You Trade and Set TP Order Orders on MT5 Charts?

XAUUSD Trading Set Take Profit Orders in MetaTrader 5 Charts

Once you select the new order button key as depicted above the following trade order popup window will appear and you as a trader can use this trade order popup window to set the Take Profit Order Zone for your new trade.

This pop up includes settings for placing new order as well as parameters for setting TP Order Level.

How to Set TP Order Orders in MT5 Charts

Place TP Orders in MetaTrader 5 Charts?

The Following TP Order Setting are specified for setting a new takeprofit trading order:

Take Profit - Set TP Order, This option can be set after opening the trade, or for pending orders

Open the Buy or Sell Trade by Clicking on the Following Buttons:

  1. Sell by Market - Open Sell Trade
  2. Buy by Market - Open Buy Trade

To Buy at ruling price & open new order select Buy by Market order button

To Sell at ruling price and open new order choose Sell by Market order button

After opening the new trades use TP Order Panel Above to Set Take Profit order for the New Order.

You also can get this panel in order to modify an open buy or sell xauusd trade - To find & get this order panel for a buy trade, right click on the opened buy or sell gold trade, then after that click on 'Modify Order' after you click on modify order button the above order settings button will pop up & you can set Take Profit using the step by step guide described above.

Place TP Orders in MetaTrader 5 Charts