How Do You Set TP Order on MetaTrader 5 iPhone App?
How Do I Set TP Order on MetaTrader 5 iPhone App?
Take Profit Orders are orders used to close open trades at a profit - gold take-profit orders are used to take profit & close an open trade once the specified take profit order level specified by a xauusd trader is reached.
Gold Take profit orders automatically close transactions at a profit once set takeprofit point is reached on the trading chart.
Set TP Order When Opening New Order in Tools Menu on MT5 iPhone App
To open new order to buy or sell a trade position use tools panel menu within MT5 iPhone Mobile App as shown below.
The New order button key for opening a new trade is portrayed below. (MT5 key-board Short-cut Keys 'F9')
Set TP Order on MetaTrader 5 iPhone App - Set TP Order in MT5 iPhone Mobile App?
Once you select the new order button as shown above following order pop-up panel will appear and as a trader you will then use this order pop-up panel to set the Take Profit Order Level for your new trade.
This pop up includes the settings for placing a new trade order as well as the settings for setting Take Profit Order Level.
Interpret & Set TP Order on MT5 iPhone App?
The Following TP Order Setting are specified for placing a new take-profit order in MT5:
Take-Profit - Set Take Profit Order, This option can be set after opening the trade, or for pending orders
Open Buy or Sell Trade by Clicking the Following Button Keys:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at prevailing price & open a new order choose the Buy by Market order button
To Sell at prevailing price & open a new order choose the Sell by Market order button
After you open the new trades use the MT5 TakeProfit Order Window Panel Above to +SetPlace The TP Order for the New Order.
You can also get this MT5 trading window in order to modify an already open buy or sell trade - To find this MT5 trading order window for a buy trade or sell trade, right-click on the opened buy trade or sell trade, then after that click 'Modify Order' button after you click the modify order button the above order settings button key will appear and you can then set the TakeProfit using the method explained above.
Interpret & Set TP Order on MT5 iPhone App?
Interpret & Set TP Order on MT5 iPhone App?
Get More Topics and Lessons:
- Acceleration/Deceleration AC XAU/USD Indicator Technical Analysis
- Learn Trading Gold Platform MetaTrader 4 Trading Gold Platform
- Can You Start XAU/USD with $10 for Nano Gold Account?
- How Do You Draw Downwards Channel?
- Trading Gold With Support and Resistance Levels
- How to Trade XAU/USD Analysis Charts Using Gold Trends
- Gold Platforms & Gold Broker Accounts
- Ichimoku Kinko Hyo Gold Indicator Analysis in Gold Charts
- How to Place Trading Bollinger Bands Technical Indicator on Trading Chart
- How Does 1:300 XAU USD Leverage Work?