Analyze Buy and Sell Bitcoin Orders in MetaTrader 5 Cryptocurrency Charts
Bitcoin Trade Buy and Sell Bitcoin Orders in MetaTrader 5 Bitcoin Charts
To open a buy or a sell bitcoin trade in MetaTrader 5 platform - open the Market Watch Window, Select the Bitcoin Symbol you want to open a Bitcoin Trade with, open the cryptocurrency chart of the crypto symbol by double clicking on the bitcoin trading price quote, then from the cryptocurrency chart open a bitcoin buy or sell bitcoin trade using the MT5 order window shown below:
Place New Bitcoin Order in Tools Menu in MetaTrader 5 Software
A new buy or sell order to buy or sell a btcusd instrument can be found on the tools pop up menu within the MetaTrader 5 Bitcoin Platform. The "New Bitcoin Order" button for placing a new trade transaction on the MT5 platform is shown below. (MetaTrader 5 Short Cut Keyboard Keys "F9")
How to Interpret Buy & Sell Crypto Orders in MetaTrader 5 Crypto Charts?
Buy or Sell Order in MetaTrader 5 Bitcoin Trading
As a bitcoin trader, once you select the new crypto order button as illustrated and shown above the following trade order popup window will appear. This popup includes the settings for placing a new bitcoin trade.
Select Buy to open a Buy Bitcoin Trade
Choose Sell to open a Sell Bitcoin Trade
How to Interpret Buy & Sell Crypto Orders in MetaTrader 5 Crypto Charts?
Following Settings are specified for setting up and placing a new bitcoin trade order:
- Quote - Specify the instrument to be traded - bitcoin crypto.
- Volume - The Number of Lots to be transacted
- Stop Loss Cryptocurrency Order - Set Stop Loss Bitcoin Order, This option can be set after opening trade, or for pending bitcoin orders
- Take Profit Cryptocurrency Order - Set Take Profit Bitcoin Order, This option can be set after opening trade, or for pending bitcoin orders
- Type: Market Execution or Pending BTCUSD Order
- Sell by Market - Open a Sell Bitcoin Trade
- Buy by Market - Open a Buy Bitcoin Trade
To Buy at current bitcoin trading price select the Buy by Market button key
To Sell at current bitcoin trading price select the Sell by Market button key
Interpret Buy and Sell Bitcoin Orders in MetaTrader 5 Bitcoin Charts
