placing an order on MetaTrader 5:

How can you place an order on MetaTrader 5?

MetaTrader5 (MT5) is the modern version of the most popular MetaTrader 4 platform developed by Metacots. If the MT4 platform is. designed for Forex trading, the MT5 platform is designed to accommodate more asset types including cryptocurrencies.

You can press the Tools button in the menu bar and then choose “New Request”.

You can choose the asset you want to trade through the Market Watch window and then click on it with two clicks (you can also choose the desired asset and click on it with the right mouse button and then choose New Order).

Right-click on the trading tab at the bottom and then choose “New Order”.

To trade the chart of the asset you prefer on one click the F9 button.

Upon execution of any of the previous procedures, the request screen will appear, on the left side includes a retail chart, and on the right side. details of a request that you can customize. The retail chart shows lots of details of supply and demand prices, which shows price differences in real-time (the difference between supply and demand prices).

Details of the request on the right include:

 Code – This refers to the asset you would like to trade, such as the currency pair Euro to Dollar (EUR/USD).

Type of order – This enables you to choose between .the types of execution orders on the market and those you have suspended.

Quantity – means the quantity (in lot sizes) you want to trade from the particular primary asset. The size of the lot in the standard calculation is about 100,000 units, which usually means that the single point movement is estimated to be about US $10 in most assets.

Stop Loss and Take Profits – You can activate orders to end loss and take profits in all trades you run. Stop-loss orders help you reduce significant collapses if the price of the asset you trade declines, while profit orders enable you to collect gains if the asset price moves in your favor.

Comment – You can add any trading notes in the comments section. That is ideal for traders who want to document their trading activities.

MetaTrader5 – Types of Orders:

As mentioned earlier, you can trade assets you want to. trade through only two types of orders: market order and a pending order•

  A market order is an order to buy or sell any asset using its current price.

• For a pending order, it is a request to sell or purchase an asset at a certain price determined in the future.

 six types of pending orders that can  use with the MetaTrader 5 platform:

Cessation of sale – request for sale of an asset at a price. lower than its current price, as expectations are that when you achieve the price, the price trend will be downward.

Cessation of purchase – an asset’s purchase request is lower than the current price, as expectations suggest that its price trend will be in the high direction.

Purchase identification – an asset’s purchase request at a price lower than its current price, with expectations that its price will rise after a certain price is achieved.

Select the sale – the sale request for an asset at a price higher. than its current price, with expectations that its price will fall after achieving a certain price.

Determining the buy stop – it is several orders to stop the buying process and .the buy stop orders for the end of the slippage. You can set the buy stop limit at a price higher than its current price, and when this order is achieved, a buy limit order will be placed.

 Determining Sell Stop – it is a set of sell stop orders and sells limit orders for the end.of the slippage process, where the selling stop price can be set at a price lower than the current asset price, and when this order is achieved, a sell limit order will be placed.

If you start applying orders to stop your loss .and earn profits, all automatic and fast your malls will be closed at the start of their activation. You can also hang these centers manually whenever you want but before these commands go live.

Trade anytime, anywhere

 Metatrader 5 has a web version, which you can easily access by browsing through mobile phones and desktops. The MetaTrader 5 mobile app is also available and is used through Android and Ios systems. This app provides ease of trading anytime and anywhere. You can log in to any system within .MetaTrader 5 by login into only oneit will be easy to place an order on MetaTrader5.

Once you sign up with us, you will deal with a. support employee from the company. in addition to a wide range of tips and instructions that will guarantee you a large profit and learn when to place an order on MetaTrader 5.

Do not hesitate!

Now if you do not have enough time to analyze .the market.., you can talk with the experts or you can contact the company via WhatsApp and enjoy the best services in the field of trading.

You can also visit our website: Markets Bloom  and our Facebook page: MarketsBloom