How Do I Use Forex Sell Limit Order on MT5 Platform?
How Do You Use Forex Sell Limit Order in Meta Trader 5 Platform?
The example below explains how to set a sell limit order on the MT5.
A sell limit pending order is an order used to sell a forex instrument at a better forex price after the market forex price has retraced.
Setting Sell Limit Orders in Meta Trader 5 Software
To setup these sell limit Forex orders on the MetaTrader 5 platform use the following procedure:
- Right click on chart
- Select 'Trading' Option on the Menu
- Then Select 'New' Order Option on Popup widow that appears
- Then on trade setup popup window that pops up (shown below), under label 'Type' choose the option of "Pending Order" instead of 'market execution'
- Under pending order options select the pending order type: for This trade choose "Sell Limit" so as to place a pending sell limit order & after which specify the fx price that you want the sell entry limit order executed.
How Do I Use FX Sell Limit Order in Meta Trader 5 Platform Software?
How Do You Use Forex Sell Limit Order in Meta Trader 5 Software?
