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 platform.
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 Gold Trading Platform
To set up these sell limit orders on the MT5 platform use the following procedure:
- Right click on xauusd trading chart
- Select "Trading" Option on the Menu
- Then Select "New" Order Option on the Pop up widow that appears
- Then on the trade setup popup window that appears (shown below), under the label "Type" select the option of "Pending Gold Order" instead of "market execution"
- Under the pending xauusd order options select the pending gold order type: for This trade select "Sell Limit Gold Order" so as to place a pending sell limit order and 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?
How Do You Use Sell Limit Gold Order on MetaTrader 5
