How Do I Set TP Order on Meta Trader 5 iPhone App?
How Do You Set TP Order on Meta Trader 5 iPhone App?
Take Profit orders are orders used to close open trades at a profit - forex take-profit orders are used to take profit and close an open trade once the specified takeprofit level specified by a trader is reached.
Forex TP orders automatically close trades at a profit once the set takeprofit level is reached on chart.
Set TP When Opening New Order in Tools Menu in MT5 iPhone App
To open a new order to buy/sell a trade use tools menu within MT5 iPhone Mobile App as illustrated below.
The New order button key for opening a new trade is illustrated below. ( MetaTrader 5 Short Cut Keys 'F9')
How Do You Set TP Order in Meta Trader 5 iPhone Mobile App?
Once you select the new order button as shown above the following order pop up window will appear & as a trader you'll use this trading order popup panel 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 Level.
How Do You Set TP Order in Meta Trader 5 iPhone Mobile App?
The Following TP Order Setting are specified for placing a new take profit order on MT5:
Take Profit Order - Set TP Order, 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 prevailing price & open a new order choose Buy by Market order button
To Sell at prevailing price & open a new order choose Sell by Market order button
After opening the new trades use the MT5 Forex Take Profit Window Above to Set The Take Profit order for the New Order.
You can also get this MT5 trade panel so that to modify an already open buy or sell trade - To get this MT5 trading order panel window for a buy trade or sell trade, right click on the opened buy trade or sell trade, then after that you click on 'Modify Order' after you click modify order button key the above order settings button key will popup and you can set Take Profit Order using the method explained above.
How Do You Set TP Order in Meta Trader 5 iPhone Mobile App?
How Do You Set TP Order in Meta Trader 5 iPhone Mobile App?
