Trade Bitcoin Trading

How Do You Read Buy and Sell Cryptocurrency Orders in MT5 Charts?

Bitcoin Trade Buy and Sell Cryptocurrency Orders in MT5 Bitcoin Charts

To open a buy or a sell bitcoin trade in the MetaTrader 5 platform - open the Market Watch Window, Select the Bitcoin Crypto Currency Symbol you as a trader want to open a Bitcoin Crypto Currency Trade with, open the btcusd chart of the symbol by double-click on the bitcoin price quote, then from the btcusd chart open a bitcoin buy or sell bitcoin trade using the MetaTrader 5 order window shown below:

Place New Order in Tools Menu in MetaTrader 5 Software

A new buy/sell order to buy/sell a btcusd instrument can be found on the tools menu within MT5 BTCUSD Crypto Platform. The "New Order" button for placing a new trade transaction on the MetaTrader 5 platform is shown below. (MT5 Short Cut key-board Keys 'F9')

How Do I Read Buy & Sell Cryptocurrency Orders on MT5 Charts?

How Do I Read Buy & Sell Orders in MT5 Charts

Buy or Sell Order in MetaTrader 5

As a bitcoin crypto currency trader, once you choose the new bitcoin order button as high-lighted & shown above the following trade order popup window will then appear. This pop-up includes the settings for opening new trade transaction.

Choose Buy to open a Buy Bitcoin Trade

Choose Sell to open a Sell Bitcoin Trade

How Do You Read Buy and Sell Crypto Orders in MT5 Charts?

How Do I Read Buy and Sell Orders on MetaTrader 5 Charts

Following Settings are specified for setting up and placing a new bitcoin crypto currency trading order:

  1. Symbol - Specify the instrument to be traded - bitcoin crypto.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss Crypto Order - Set StopLoss Bitcoin Crypto Currency Order, This option can be set after opening the trade, or for pending bitcoin crypto orders
  4. Take Profit Order - Set TP BTCUSD Crypto Order, This option can be set after opening the trade, or for pending btcusd crypto orders
  5. Type: Market Execution or Pending BTCUSD Crypto Order
  6. Sell by Market - Open Sell BTCUSD Crypto Trade
  7. Buy by Market - Open Buy BTCUSD Crypto Trade

To Buy at ruling bitcoin crypto currency price select the Buy by Market button

To Sell at ruling btcusd crypto price choose the Sell by Market button

Interpret Buy and Sell Cryptocurrency Orders in MT5 Bitcoin Charts

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