How Do I Set Take Profit on MetaTrader 5 Android App?

Take Profit are orders used to close open trade transactions at a profit - take-profit orders are used to take profit & close an open trade transaction once the specified take-profit level specified by a trader is reached.

Gold TP orders automatically close transactions at a profit once set take profit level is reached on the chart.

Place TakeProfit When Opening New Order in Tools Menu in MT5 Android App

To open new order to buy or sell a trade position use tools window panel menu within MT5 Gold Android Mobile Trading App as cited below.

New order button for placing a new trade is highlighted below. (MT5 key-board Short Cut Keys 'F9')

Place Take Profit on MT5 Android App

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

This pop up includes settings for placing a new order as well as parameters for setting TP Order Level.

Analyze and Set Take Profit in MetaTrader 5 Android Mobile Phone Trading App?

The Following TP Order Setting are specified for setting a new take profit order on 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 Pressing the Following Button:

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

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

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

After you open the new trades use MetaTrader 5 Take Profit Order Panel Above to +SetPlace The TP Order for the New Order.

You also can get this MT5 trade window in order to modify an open buy/sell trade - To find this MetaTrader 5 trade 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 key after you press the modify order button the above order settings button will then appear and you then can set the TakeProfit using the method described above.

Place Take Profit in MT5 Android App

Analyze & Set Take Profit on MT5 Android Mobile Phone Trading App?

More Lessons & Tutorials:

Trade Gold Trading

How Do I Set Take Profit on MetaTrader 5 Android App?

How Do I Set Take Profit on MetaTrader 5 Android App?

Place TakeProfit When Opening New Order in Tools Menu in MT5 Android App