How Do I Use Trading XAUUSD Sell Limit Order in MT5 Software?
How Do I Use Sell Limit XAUUSD Order on MT5?
The example illustrated and explained below explains how to set a sell limit order on the MT5 software.
A sell limit order is an order to sell a xauusd at a better xauusd price after the price has retraced.
Setting Sell Limit XAUUSD Orders in MT5 Platform
To set up these sell limit pending orders in MetaTrader 5 software use the following procedure:
- Right click on xauusd trading chart
- Select 'Trading' Option on the Menu
- Then Choose 'New' Order Option on Popup widow that appears
- Then on trade setup pop up window panel that pops up (illustrated below), under label 'Type' select the option of "Pending Gold Order" instead of 'market execution' trade order
- Under the pending xauusd order options select the pending gold order type: for This trade choose "Sell Limit Gold Order" so as to set a pending sell limit order & after that specify the xauusd price at which you want the sell entry limit gold order executed.
How Do You Use Trading Gold Sell Limit Order on MT5?
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