How to Set Take Profit XAUUSD Order on MT5
How to Add & Modify XAUUSD Take Profit Orders on MT5
XAUUSD Take Profit orders are xauusd orders used to automatically close open xauusd trades in MetaTrader 5 platform. XAUUSD Take Profit orders are used by traders to help secure xauusd profits & close open xauusd trades once these xauusd trades moves in direction of the traders' position by a specified number of xauusd pips in xauusd profit.
Take Profit orders can be set when opening new xauusd trades & Take Profit orders can also be set for already opened xauusd trades.
How to Set XAUUSD Take Profit Orders When Opening New Gold Trades
- Open a XAUUSD trading chart for the xauusd instrument you want to trade
- Right Click on the XAUUSD Chart
- Select New Order button
- Choose the Set Take Profit Option within this New Order xauusd trading window
- Specify your Take Profit level for the xauusd trade that you want to open
- Choose buy or sell to open a gold trading trade
For a buy xauusd trade the xauusd Take Profit order is set above the xauusd price quote you want to buy at and for a sell xauusd trade the xauusd Take Profit order is set below the xauusd price quote you want to sell at.
How to Set XAUUSD Take Profit Orders for Open Gold Trades
Select xauusd trade you want to modify from the MT5 xauusd trade transactions window
- Right click on the xauusd trade order & select Modify Order
- Select Take Profit Field
- Specify the Take Profit level for the gold trading trade
- Click the Modify Order Button Key
How to Set Take Profit XAUUSD Order on MT5
