Trading Bitcoin Set Pending Bitcoin Orders on MT5
How Do I Trade Bitcoin and Set Pending Bitcoin Orders on MT5?
There are two different types of pending cryptocurrency orders:
These are Limit orders and Stop orders as shown below:
Limit Bitcoin Orders on MT5
To set up these limit orders in the MetaTrader 5 platform use the following procedure:
- Right Click on bitcoin crypto currency chart
- Choose 'Trading' Option on the Menu
- Then Choose 'New' Order Option on the Pop up widow which pops up
- Then on the trade setup pop up window that pops up (portrayed below), under the label 'Type' select the option of "Pending BTCUSD Crypto Order" instead of 'market execution' order
- Under the pending crypto trading order options select the pending crypto order type: for This trade select "Buy Limit BTCUSD Crypto Order" or "Sell Limit BTCUSD Crypto Order" to set a pending limit bitcoin crypto currency order
Crypto Trading Set Pending Orders in MT5?
Stop Bitcoin Orders on MT5
- Open a Bitcoin Crypto Currency BTC USD Crypto Chart
- Right Click on the Chart to open the Trade 'Order' Window
- On the Trade Order WindowPanel, Select Pending Bitcoin Crypto Currency Order as shown below
- Select Pending Order Type as Buy Stop or Sell Stop BTC USD Crypto Order as Shown below
- After choosing Buy Stop Bitcoin Crypto Currency Order or Sell StopOrder - Press 'Place' Order and specify the sell stop btcusd crypto price point where the trade order will be executed
Place Pending BTCUSD Crypto Orders on MT5?
Place Pending BTCUSD Crypto Orders in MetaTrader 5?
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