Archives
How do stop orders work in MetaTrader? Buy stop, Sell stop and Stop loss orders do NOT guarantee an order will be filled at a certain price. Your specified price is known as the stop price. Once the stop price is met or exceeded, the order becomes a market order. Market orders instruct the broker [...]
Read more about MetaTrader Tips – Stop Orders and view this post/page in full.When placing orders from charts there is no need to remember which type of pending orders to use. To place a pending order via a chart just right click with mouse on the desired point in the chart where you would like to place the order and select the “Trading” command in the menu. You [...]
Read more about MetaTrader Tips – Placing Pending Orders Using Charts and view this post/page in full.The trading system in MetaTrader 5 differs from that of MetaTrader 4 in its basics. First of all, four types of trade operation execution are supported in MetaTrader 5: Market, Instant, Request and Exchange. Secondly, the new terminal accepts the strict delimitation between the notions of Order, Trade and Position. Order. This is the direction [...]
Read more about MetaTrader 5 Trading System and view this post/page in full.
