How Do I Set Stock Trading Pending Orders in MetaTrader 5 Platform?

How Do I Set Stock Pending Orders in MetaTrader 5 Platform?

There are two different types of pending orders:

These are Limit orders and Stop orders as explained below:

Limit Stock Orders in MetaTrader 5 Stocks

To set up these limit stocks orders in MetaTrader 5 platform use the following procedure:

1. Right click on stock trading chart
2. Choose "Trading" Option on the Menu
3. Then Select "New" Order Option on the Pop-up widow that pops up
4. Then on the trade setup popup panel that pops up (illustrated below), under label "Type" choose the option of "Pending Stocks Order" instead of "market execution" trade order
5. Under the pending stocks order options select the pending stocks trading order type: For This trade select "Buy Limit Stocks Order" or "Sell Limit Stocks Order" so as to place a pending limit stocks order

How Do I Set Stock Trading Pending Orders in MetaTrader 5 Platform? - How Do I Set Stock Trading Pending Orders in MetaTrader 5 Platform?

Stop Stock Orders in MetaTrader 5 Stocks

1. Open a Stocks Stock Trading Chart
2. Right Click on the Chart to open the Trade "Order" Window
3. On the Trade Order Window Panel, Choose Pending Stocks Order as shown below
4. Select Pending Order Type asBuy Stop or Sell Stop Stocks Order as Shown below
5. After selecting Buy Stop Stocks Order or Sell Stop Stock Order - Click "Place" Order and specify the sell stop stocks price level where the order will be opened

How Do I Set Stock Trading Pending Orders in MetaTrader 5 Platform?

How Do I Set Stock Trading Pending Orders in MetaTrader 5 Platform?