How Do I Use Trading XAUUSD Sell Limit Order in MetaTrader 5 Platform?
How Do I Use Sell LimitOrder on MT5?
The example illustrated and explained below explains how to set a sell limit order on the MT5 software.
A sell limit pending order is an order to sell gold at a better price after the price has retraced.
Setting Sell Limit Orders in MT5 Platform Software
To setup these sell limit pending orders in MetaTrader 5 software use the following procedure:
- Right Click on gold trading chart
- Choose 'Trading' Option on the Menu
- Then Choose 'New' Order Option on Pop up widow that appears
- Then on trade setup popup window panel which pops up (illustrated below), under label 'Type' choose the option of "Pending Order" instead of 'market execution' trade order
- Under pending order options select the pending order type: for This trade select "Sell Limit " so as to set a pending sell limit order and after that specify the price that you want the sell entry limit order executed.
How Do You Use Trading Sell Limit Order on MT5?
How Do You Use Sell Limiton MT5
Study More Tutorials & Topics:
- How Do You Read XAU/USD Charts Beginners Guide?
- Best MetaTrader 4 Gold Indicators for Android
- How to Place MT5 Ichimoku Kinko Hyo Technical Indicator on Gold Chart
- How to Open MT4 Gold Demo Account
- MT4 MetaEditor Tutorial for How to Add Expert Advisors
