How Do I Place StopLoss and Take-Profit Order in MetaTrader 5?

How Do I Place StopLoss and Take-Profit Order in MT5?

Set Take-Profit and SL Orders on MT5 - Set Stop Loss Order and Take-Profit Order on MT5 Mobile

Trading Set Take-Profits on MT5 Platform

Trading Set Take Profit Order in MetaTrader 5 Trading Software

Set Take-Profits When Opening Orders in MT5

To set Take Profit Order when opening a new order in MT5 software use the step by step procedure explained below:

Set Take Profit Order When Opening New Order in Tools Menu in MT5 Software

To open new trade order to buy or sell a trade position use tools panel window menu within MetaTrader 5 Platform as shown below.

New order button for opening a new trade is displayed below. (MT5 key-board Short-cut Keys 'F9')

Set StopLoss Order and Take-Profit Order on MetaTrader 5

Once you select the new order button as shown above following trade order pop up panel will appear & as a trader you will then use this trade order pop-up window to set the Take Profit Order Area for your new trade.

This pop-up includes the settings for placing a new order as well as the settings for setting Take Profit Order Order Level.

Set StopLoss Order & Take-Profit Order in MetaTrader 5

The Following Take Profit Order Settings are specified for setting a new take profit order trade order:

Take-Profit - Set Take Profit Order, This option can also be set after opening a trade, or for pending orders

Open the Buy or Sell Trade by Clicking the Following Button Keys:

Sell by Market - Open Sell Trade
Buy by Market - Open Buy Trade

To Buy at current price & open a new order select the Buy by Market xauusd order button

To Sell at current price and open a new order choose the Sell by Market gold order button

After you open the new trades use the TakeProfit Window Panel Above to +SetPlace The Take Profit for the New Order.

You also can get this panel in order to modify an already open buy or sell trade - To get this MetaTrader 5 order window for buy or sell trade, rightclick on opened buy/sell trade position, then after that click 'Modify Order' button after you click the modify order button the above trade order settings panel will appear & you as a gold trader can use then set the Take Profit Order using the trading step by step technique explained above.

Trading Set Stop Losses on MT5 Platform

Trading Set Stop Loss Order in MetaTrader 5 Trading Software

Set Stop Losses When Opening Orders on MetaTrader 5

To set StopLoss Order when opening a new order in MT5 software use the step by step procedure explained below:

Set Stop Loss When Opening New Order in Tools Menu in MT5 Trading

To open new order to buy or sell a trade position use tools panel window menu within MT5 Trading Software as illustrated below.

New order button for opening a new trade is displayed below. (MT5 key-board Short-cut Keys 'F9')

Analyze & Place StopLoss and Take-Profit Order in MT5?

Once you select the new order button as illustrated above following trade order popup window panel will pop-up and as a trader you'll then use this trade order popup window panel to set the StopLoss Area for your new trade transaction.

This pop-up includes the settings for placing a new order as well as the settings for setting StopLoss Order Level.

Analyze and Place StopLoss & Take-Profit Order in MT5?

The Following Stop Loss Order Settings are specified for placing a new Stop Loss:

Stop Loss Order - Set StopLoss, This option can also be set after opening a trade transaction, or for pending orders

Open the Buy or Sell Trade by Pressing the Following Button:

Sell by Market - Open Sell Trade
Buy by Market - Open Buy Trade

To Buy at current price and open a new order choose the Buy by Market gold order button

To Sell at current price & open a new order select the Sell by Market xauusd order button

After you open the new trade transactions use the Stop Loss Window Above to Set The Stop Loss for the New Order

You also can get this panel in order to modify an already open buy or sell trade - To get this order panel for buy or sell trade, rightclick on opened buy/sell trade position, then after that click 'Modify Order' button after you click the modify order button the above order settings button key will appear & you can then set the StopLoss using the procedure explained above.