What's a Take Profit Gold Order in MetaTrader 4?
Take Profit XAUUSD Orders are orders used to close open trades at a profit - take profit orders take profit & close the trade once the specified take-profit level specified by a trader is reached.
Take profit orders automatically close trades at a profit once the set takeprofit level is reached on the gold chart.
Setting Take Profit XAUUSD Order When Opening New Order on Tools Menu in MetaTrader 4
To open a new xauusd order to buy or sell a trade use the tools menu that is found in the MetaTrader 4 Platform as shown below.
The New order button key for placing a new xauusd trade is illustrated below. (ShortCut Keyboard Keys "F9")
What's Take Profit Gold Order in MetaTrader 4?
Once you choose the new order button as shown and illustrated above the following xauusd trade order popup window will appear & you as a trader can use this trade order popup window to set the Take Profit XAUUSD Order Level for your new gold trade transaction.
This pop-up includes settings for placing a new xauusd trade order as well as settings for setting Take Profit XAUUSD Order Level.
How to Set XAUUSD Take Profit Gold Orders in MetaTrader 4 - Set Take Profit Gold Order on MetaTrader 4
The Following Take Profit XAUUSD Order Settings are specified for placing a new take profit gold trade order:
Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening trade, or for pending xauusd orders
Open the Buy or Sell Trade by Clicking on the Following Buttons:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current gold price & open new xauusd order choose the Buy by Market xauusd order button
To Sell at current gold price & open new xauusd order choose the Sell by Market xauusd order button
After opening the new trades use Take Profit XAUUSD Order Window Panel Above to Set TP order for the New Gold Order.
You can also get this window so as to modify an already open buy or sell xauusd trade - To find & get this order window panel for a buy xauusd trade, right click on the opened buy or sell xauusd trade, then after that click on the "Modify Order" after you click on the modify order button key the above trading order settings button key will pop up & you can set the Take Profit XAUUSD Order using the step by step procedure explained above.
