How Do You Place Stop Loss Order and TP Order in MT5?
How Do You Place Stop Loss Order and TP Order in Meta Trader 5?
How Do You Set Take Profit and Stop Loss Orders on MT5? - How Do I Set Stop Loss and Take Profit in MT5 Mobile
How Do I Set Take Profit Orders on Meta Trader 5 Software?
MT5 Take Profit Order
How Do I Set Take Profit Orders When Opening Orders on MT5
To place TP when opening new order in MetaTrader 5 use the procedure described below:
Set Take Profit When Opening New Order in Tools Menu on MT5 Platform Software
To open a new order to buy/sell a trade use tools menu within MetaTrader 5 Software as shown below.
The New order button for opening a new trade is shown below. ( MT5 Short Cut Keys 'F9')
How Do You Set Stop Loss and TP Order on MT5?
Once you choose the new order button as shown above the following trade order popup will appear and as a trader you will use this trade order popup to set the Take Profit Level for your new trade.
This pop up includes settings for placing new order as well as settings for setting TP Area.
How Do I Set Stop Loss and TP Order on MT5?
The Following TP Order Setting are specified for placing a new take profit trading order:
Take Profit - Set Take Profit, This option can be set after opening the trade, or for pending orders
Open Buy or Sell Trade by Clicking the Following Button:
- Sell by MarketOpen a Sell Trade
- Buy by MarketOpen a Buy Trade
To Buy at ruling price & open a new order choose Buy by Market order button
To Sell at ruling price & open a new order select Sell by Market order button
After opening the new trade transactions use TP Window Above to Set The Take Profit order for the New Order.
You also can get this window so that to modify an already open buy or sell trade - To get this MT5 order window for a buy trade, right click on the opened buy or sell trade, then after that you click on 'Modify Order' after you click modify order button key the above trade order settings button key will popup and you can set the Take Profit Order using the step by step procedure described above.
How Do I Set Stop Loss Orders on Meta Trader 5 Software?
MT5 Stop Loss Order
How Do I Set Stop Loss When Opening Orders on MT5
To place Stop Loss when opening new order in MT5 software use the procedure described below:
Set Stop Loss When Opening New Order in Tools Menu on MT5 Platform
To open a new order to buy/sell a trade use tools menu within MT5 Platform Software as illustrated below.
The New order button key for opening a new trade is illustrated below. ( MetaTrader 5 Short Cut Keys 'F9')
How Do I Set Stop Loss and TP Order on MT5?
Once you choose the new order button as shown above the following trade order popup will appear and as a trader you will use this order popup to set the Stop Loss Level for your new trade.
This pop up includes settings for placing new order as well as settings for setting Stop Loss Zone.
How Do You Set Stop Loss & TP Order in MetaTrader 5?
The Following Stop Loss Setting are specified for placing a new Stop Loss trading order:
Forex Stop Loss - Set Stop Loss, This option can be set after opening the trade, or for pending orders
Open Buy or Sell Trade by Clicking the Following Button:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at ruling price & open a new order choose Buy by Market order button
To Sell at ruling price & open a new order choose Sell by Market order button
After opening the new trade transactions use Stop Loss Window Above to Set The Stop Loss order for the New Order
You also can get this window so that to modify an already open buy or sell trade - To get this order window for a buy trade, right click on the opened buy or sell trade, then after that you click on 'Modify Order' after you click modify order button the above order settings button key will popup & you can set Stop Loss Order using the method explained above.
How Do I Set Stop Loss & TP Order in MetaTrader 5?