How Do I Analyze MT5 Pending Orders on MT5?
How Do I Trade MT5 Pending Orders on MT5?
MT5 Pending orders are used in trade to buy or sell a instrument at a different price than that of ruling price.
There are four types of Meta Trader 5 pending orders:
Traders can use the MT5 order panel to select any of these pending windows as shown on the MT5 order window trading example below:
A Menu of Pending Orders on the MT5 Software
To Set a pending order at another price, Change the execution type of order on the order window 'Type' option from 'Market Execution' to "Pending Order" as shown below.
A menu list of Meta Trader 5 pending orders will appear and show the following options.
- Buy Limit Order
- Sell Limit Trade Order
- Buy Stop Order
- Sell Stop Order
These options for Meta Trader 5 pending orders are shown below:
How Do You Interpret MT5 Pending Orders on MetaTrader 5?
To learn what MT5 pending orders are read the courses:
Once you select the type of Meta Trader 5 pending order to set: then click the 'Place' button as shown on the above MT5 pending order screenshot to complete the MT5 pending order trade setup.
How Do I Interpret MT5 Pending Orders on MetaTrader 5?
