How Do I Set a Pending Forex Order on Meta Trader 5 Platform?
How Do You Set a Pending Forex Order in MT5 Platform?
Setting Pending Forex Trade Orders
To Set a pending order at another price, Change the order panel 'Type' option from 'Market Execution' to 'Pending Order" as shown below.
A menu list of pending orders will appear and show the following options.
- Buy Limit
- Sell Limit
- Buy Stop
- Sell Stop
These options for pending orders are illustrated below:
How Do I Place a Pending FX Order in MT5 Platform Software?
To learn how to set up these forex pending orders study the topics:
· Setting up Buy Limit and Sell Limit Forex Pending Orders in Meta Trader 5
· Setting up Buy Stop and Sell Stop Pending Orders in Meta Trader 5
Once you choose the type of pending order to set: then click 'Place' button key as displayed & shown on the above screen-shot to complete the pending order setup.
To get above trade order window on the MT5 trading platform:
The New order button key for opening a new trade is illustrated below. ( MT5 Short Cut Keys 'F9')
How Do I Place a Pending Forex Order in Meta Trader 5 Platform?
Once you choose the new order button as shown above the following trade order popup window will pop and as a trader you can use this trade order popup to change the order type execution from 'Market Execution' to "Pending Order".
This popup includes the settings for placing a new trade order as well as the settings for setting Stop-Loss Zone.
How Do You Place a Pending Forex Order on MT5 Software?
How Do I Place a Pending FX Order in MT5 Platform Software?