How Do I Set Pending Gold Orders on MT5?

How Do I Set Pending XAUUSD Orders on MT5?

There are two different types of pending xauusd trade orders:

These are Limit orders & Stop orders as described below:

Limit XAUUSD Orders on MT5

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

1. Right click on xauusd chart
2. Choose "Trading" Option on the Menu
3. Then Choose "New" Order Option on the Popup widow that pops up
4. Then on the trade setup pop up window panel that appears (illustrated below), under label "Type" choose the option of "Pending XAUUSD Order" instead of "market execution" trade order
5. Under the pending xauusd order options select the pending gold order type: for This trade choose "Buy Limit Gold Order" or "Sell Limit Gold Order" so as to place a pending limit gold order

Set Pending Gold Orders on MetaTrader 5

Stop XAUUSD Orders on MT5

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

Interpret & Set Pending Gold Orders on MT5?

Set Pending Gold Orders in MT5