Bitcoin Trading Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order on MetaTrader 5
How Do I Trade Bitcoin and Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order on MT5?
Setting Buy & Sell Stop Bitcoin Orders on MT5
Open a bitcoin crypto currency trading BTCUSD Crypto Currency Chart - RightClick on the Bitcoin Crypto Currency Chart, Select New Bitcoin Crypto Currency Order, then follow rules below:
Step1: Choose Pending order as shown and portrayed below
Step2: Select Pending order Menu as Show below
Step3: Select Buy Stop BTCUSD Crypto Order or Sell Stop Bitcoin Crypto Currency Order
Step 4: Click 'Open' Order
Crypto Trading Set Buy Stop Cryptocurrency Order & Sell Stop Cryptocurrency Order on MetaTrader 5?
Pending Stop Bitcoin Orders BTCUSD Orders
These are pending bitcoin crypto trading orders to buy above the bitcoin crypto market or to sell below the bitcoin crypto market.
- Buy Stop BTCUSD Crypto Order An order to open buy at a level that is above the bitcoin crypto trading market btcusd crypto price.
- Sell Stop BTCUSD Crypto Currency Order An order to open sell at a level below the btcusd cryptocurrency trading market bitcoin crypto currency price.
Crypto Set Buy Stop Crypto Order and Sell Stop Crypto Order in MT5?
These pending crypto trading orders are used by traders wanting to trade a setup like the consolidation pattern but they do not want to wait and watch the bitcoin crypto prices all day long until there a bitcoin crypto currency price breakout. Therefore bitcoin crypto currency traders will set these pending cryptocurrency orders above and below bitcoin crypto currency price and a break-out in any of these direction will open one of these pending crypto orders & a buy btcusd crypto trade or a sell bitcoin crypto trade will automatically be opened.
Buy Stop BTCUSD Crypto Currency Order
In the examples below a buy stop btcusd crypto order was placed to buy at a level above the prevailing market btcusd crypto price.
The bitcoin crypto currency price then headed upwards to hit order, and afterwards bitcoin crypto currency price continued to move upwards.
Crypto Trading Set Buy Stop Crypto Order and Sell Stop Cryptocurrency Order in MT5?
Set Buy Stop Bitcoin Crypto Currency Order and Sell Stop Bitcoin Crypto Order on MetaTrader 5 BTCUSD Crypto Trading?
A Buy trade was generated from above pending bitcoin crypto currency order when the bitcoin crypto price broke a resistance line in the first example & when there was an upwards break out after a btcusd crypto market consolidation.
Sell Stop BTCUSD Crypto Order
In the trading example illustrated below a sell stop bitcoin crypto currency order was placed to sell at a level below current market bitcoin crypto currency price.
The bitcoin crypto currency price then went downwards to hit the order, & afterward the downward move continued
Set Buy Stop Bitcoin Crypto Currency Order & Sell Stop BTCUSD Crypto Order on MetaTrader 5 Bitcoin Crypto Currency Trading?
Set Buy Stop Bitcoin Crypto Currency Order & Sell Stop BTCUSD Crypto Order on MetaTrader 5 BTCUSD Crypto Trading?
A Sell trade was generated from the above pending sell stop bitcoin crypto currency order after support line is broken after a consolidation bitcoin crypto currency chart pattern.
Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order on MT5?
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