How Do I Interpret MetaTrader 5 Crude Trading Pending Orders in MetaTrader 5 Platform?
How Do You Interpret MetaTrader 5 Crude Trading Pending Orders in MetaTrader 5 Platform?
MT5 Pending oil orders are used in oil to buy or sell oil at a different crude oil price than that of the current crude oil price.
There are four types of MetaTrader 5 oil pending crude oil orders:
MetaTrader 5 Buy Limit Oil Trading Order
MetaTrader 5 Buy Stop Oil Trading Order
MetaTrader 5 Sell Limit Oil Trading Order
MetaTrader 5 Sell Stop Oil Trading Order
Traders can use the MetaTrader 5 oil order window panel to select any of these oil pending windows as shown on the MetaTrader 5 oil order window oil example shown below:
A Menu of Pending Crude Trading Orders on the MT5 Software
To Set pending oil trading order at another crude oil price, Change the execution type of the oil order on the oil order trading window 'Type' option from 'Market Execution' to "Pending Crude Oil Order" as shown and illustrated below.
A menu list of MetaTrader 5 oil pending oil orders will pop up & show the following options.
- Buy Limit Oil Trading Order
- Sell Limit Oil Trading Order
- Buy Stop Crude Trading Order
- Sell Stop Oil Trading Order
These options for MT5 pending crude oil orders are shown below:
How Do I Interpret MT5 Crude Oil Pending Orders on MT5 Software
To learn what MetaTrader 5 oil pending oil orders are read the articles:
Once you select the type of MetaTrader 5 oil pending oil order to set: then click the 'Place' button as shown on the above MetaTrader 5 oil pending oil order screenshot to complete the MetaTrader 5 oil pending oil order oil trade setup.
How Do You Read Crude Oil MetaTrader 5 Pending Crude Oil Orders in MetaTrader 5 Software?