Bitcoin Trading 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 explained below:

Limit Bitcoin Orders in MetaTrader 5 Bitcoin Trading

To set up these limit cryptocurrency orders in MetaTrader 5 platform use the following procedure:

1. Right click on bitcoin chart
2. Choose "Trading" Option on the Menu
3. Then Select "New" Order Option on the Pop-up widow that pops up
4. Then on the trade setup popup panel that pops up (illustrated below), under the label "Type" choose the option of "Pending BTCUSD Order" instead of "market execution" order
5. Under the pending cryptocurrency trading order options select the pending cryptocurrency order type: for This trade choose "Buy Limit Bitcoin Order" or "Sell Limit Bitcoin Order" so as to set a pending limit bitcoin order

Bitcoin Trading Set Pending Bitcoin Orders in MetaTrader 5?

Stop Bitcoin Orders in MetaTrader 5 Bitcoin Trading

1. Open a Bitcoin Trading BTCUSD Trading Chart
2. Right Click on the Chart to open the Trade "Order" Window
3. On the Trade Order Window Panel, Choose Pending Bitcoin Order as shown below
4. Choose Pending Order Type as Buy Stop or Sell Stop BTCUSD Order as Shown below
5. After selecting Buy Stop Bitcoin Order or Sell Stop Cryptocurrency Order - Click "Place" Order and specify the sell stop bitcoin price level where the order will be opened

How Do You Trade Bitcoin and Set Pending Bitcoin Orders in MetaTrader 5?

Analyze & Set Pending Bitcoin Orders in MetaTrader 5?