How Do I Set XAUUSD Orders in MetaTrader 5 XAUUSD Charts?

How Do I Set XAUUSD Orders in MetaTrader 5 XAUUSD Charts?

To set a new gold order in MetaTrader 5 software use the step by step procedure described below:

Place New Gold Order in Tools Menu on MT5 Software

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 illustrated below. (MT5 Key board ShortCut Keys "F9")

How Do You Set XAUUSD Orders in MetaTrader 5 Gold Charts? - How Do I Set XAUUSD Orders in MetaTrader 5 Gold Charts?

Placing a New XAUUSD 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.

Interpret & Set XAUUSD Orders in MetaTrader 5 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 XAUUSD Orders in MetaTrader 5 Gold Charts