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