How Do I Place Stop Loss Orders on MT5 Charts?
How Do I Place Stop Loss Orders on MT5 Charts?
How Do You Place Stop Loss Orders When Opening Orders on MetaTrader 5
To place Stop-Loss when opening a new trade order in MetaTrader 5 software use the procedure described below:
Set Stop Loss When Opening New Order in Tools Menu in MT5 Platform
To open a new trade order to buy/sell a trade use tools menu within MT5 Software as illustrated below.
The New order button key for opening a new trade is portrayed below. ( MT5 Short Cut Keys 'F9')
How Do You Place Stop Loss Orders in MT5 Charts?
Once you select the new order button as illustrated above the following trade order popup will appear & as a trader you'll use this trade order popup to set the Stop Loss Level for your new trade.
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 Stop Loss Orders in MT5 Charts?
The Following Stop Loss Order Setting are specified for placing a new Stop Loss trading order:
Stop Loss - Set Stop Loss, This option can be set after opening the trade, or for pending orders
Open the 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 prevailing price and open a new trade order choose Buy by Market forex order button
To Sell at prevailing price & open a new trade order select Sell by Market fx order button
After opening the new trades use Stop Loss Window Above to Set SL order for the New Order
You can also get this panel so as to modify an already open buy or sell trade - To find this order panel for a buy trade, right-click in the opened buy or sell trade, then after that you click on the 'Modify Order' after you click on the modify order button the above trading order settings button key will popup and you can then set Stop Loss Order using the guide explained above.
How Do I Place Stop Loss Orders in MT5 Charts?
