How Do You Interpret XAUUSD MetaTrader 5 Pending Orders on MetaTrader 5?
How Do I Analyze XAUUSD MetaTrader 5 Pending Orders on MetaTrader 5?
MT5 Pending orders are used in gold trading to buy or sell a xauusd at a different price than that of prevailing price.
There are four types of MetaTrader 5 pending xauusd trade orders:
Traders can use the Meta Trader 5 order panel to select any of these gold pending windows as shown on the Meta Trader 5 order window trading example depicted and explained below:
A Menu of Pending Orders on the Meta Trader 5 Software
To Set a pending order at another price, Change the execution type of trade order on the trade order window 'Type' option from 'Market Execution' to "Pending Order" as shown below.
A menu list of MetaTrader 5 pending orders will pop-up and show the following specified options.
- Buy Limit
- Sell Limit
- Buy Stop
- Sell Stop
The options for Meta Trader 5 pending xauusd trade orders are shown below:
How Do I Interpret XAUUSD MT5 Pending Orders in MetaTrader 5
To learn what MetaTrader 5 pending orders are read the guides:
Setting up Meta Trader 5 Buy Limit Order & MetaTrader 5 Sell Limit Order - MT5 Pending Orders on MT5
Setting up Meta Trader 5 Buy Stop Order & MetaTrader 5 Sell Stop Order - MT5 Pending Orders on MT5
Once you select the type of MetaTrader 5 pending xauusd trading order to set: then tap and click the 'Place' button as shown on the above MT5 pending order screen-shot to complete the Meta Trader 5 pending order setup.
How Do I Use Gold Stop Orders - How to Use Pending Orders
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