How Do I Set Forex Pending Orders on Meta Trader 5 Platform?

How Do I Set Forex Pending Orders in MT5 Software Platform?

There are 2 types of pending orders:

These are Limit orders and Stop orders as shown below:

Limit Orders on MT5 Platform Software

To set up these limit orders on the MetaTrader 5 software use the following guide:

1. Right Click in the chart
2. Select & Choose 'Trading' Option on the Menu
3. Then Select 'New' Order Option in Popup panel that appears
4. Then on trade setup pop up window that shows up (shown below), under label 'Type' choose the option/choice of the "Pending Order" instead of the 'market execution'
5. Under pending order options select the pending order type: for This trade choose "Buy Limit" or "Sell Limit" so as to place a pending limit pending order

How Do I Set FX Pending Orders on MT5 Software?

Stop Orders on MT5 Platform Software

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

How Do I Set Forex Pending Orders on MT5 Software?

How Do I Set Forex Pending Orders in MT5 Software Platform?

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