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How Do I Set Gold Orders in MT5 XAUUSD Charts?

How Do I Set XAUUSD Orders in MT5 XAUUSD Charts?

To set a new gold order in MT5 software use the step by step procedure described below:

Place New XAUUSD Order in Tools Menu in MetaTrader 5 Platform

A new gold order to buy or sell a trade can be found on the tools menu within the MT5 Platform as illustrated below. The New order button for placing a new gold trade is displayed below. (MetaTrader 5 Keyboard ShortCut Keys "F9")

Gold Set XAUUSD Orders in MetaTrader 5 XAUUSD Charts - XAUUSD Open XAUUSD Order in XAUUSD Trading Platform

How Do You Set Gold Orders in MT5 Gold Charts?

Placing a New Gold Order

Once you select the new gold order button as illustrated and illustrated above the following gold trade order pop-up window will appear.

This pop up includes the settings for placing a new xauusd trade order.

How to Set XAUUSD Orders on MT5 XAUUSD Charts - XAUUSD Set XAUUSD Orders on MT5 XAUUSD Charts

Interpret & Set Gold Orders in MT5 Gold Charts?

Following Order Setting are specified for placing and setting a new xauusd trade order:

  1. Symbol - Specify the instrument to be traded - gold.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss XAUUSD Order - Set Stop Loss Gold Order, This option can be set after opening the trade, or for pending gold orders
  4. Take Profit XAUUSD Order - Set Take Profit Gold Order, This option can be set after opening the trade, or for pending gold orders
  5. Type: Market Execution or Pending XAUUSD Order
  6. Sell by Market - Open a Sell Gold Trade
  7. Buy by Market - Open a Buy Gold Trade

To Buy at current xauusd price & open new gold order select the Buy by Market gold order button

To Sell at current xauusd price & open new gold order select the Sell by Market gold order button

How Do You Set Gold Orders in MT5 Gold Charts