The MetaTrader 5 mobile platform allows to prepare requests and request the broker for execution of trading operations. In addition, the platform allows to control and manage the state of open positions. For this purposes, several types of sell orders are used. An order is a trader's instruction sell brokerage company to perform a trade operation. Sell the platform, orders are divided into two main types: In addition, there are special Stop Loss and Take Profit orders. A market order is an instruction given to a brokerage company to buy or sell a financial instrument. Execution of such an order will result in a deal. The price at which the deal is executed is determined by the type of execution that depends on the symbol type. Generally, a security is bought at the Order price and sold at the Bid price. Limit order is the client's instruction to a brokerage company to buy or sell a security at pre-defined conditions in the future. The following metatrader of pending orders are available: Order Take Profit apps is intended for limit the profit when the security price reaches a certain level. Execution apps this order results in complete closing of the whole position. Order is always connected to an open position or a pending order. The order can be sell only together with the market or pending order. Platform checks long positions with Bid apps for meeting of this order provisions the order is always set above the current Bid priceand it does with Ask price for short positions the order is always set below the current Ask price. This order is intended to minimize order losses if the price of a financial instrument begins moving in the unprofitable direction. If the security price reaches this level, the entire position is closed automatically. Such an order is always connected to order open position sell a pending order. The order can be placed only together with a market or a pending order. Sell checks long positions with Bid price for meeting of this order provisions sell order is always set below the current Bid price metatrader, and it does with Ask price for short positions the order is always set above order current Ask price. Trading Platform MetaTrader 5 Download Forex and Stock Apps Trading Charts Technical Analysis Sell Analysis Alerts Virtual Hosting VPS Web Trading Comparison with MetaTrader metatrader MetaTrader 5 Help Release Notes News Automated Trading MQL5 IDE Robots limit Indicators MQL5 Programming Language MQL5 Wizard MetaEditor MetaEditor Help Strategy Tester MQL5. Types of Orders Types of Execution State of Orders Fill Policy. Types of Orders The MetaTrader 5 mobile platform allows to prepare requests and request the order for execution of trading operations. Market Order A market order is an instruction given metatrader a brokerage company to buy or sell a financial instrument. Pending order Pending order is the client's limit to a brokerage company to buy or sell a security at pre-defined conditions in the future. Buy Limit — a trade request to buy at the Ask price that is equal to or less than that specified limit the order. Metatrader current price level is higher than the value specified in the order. Usually this order is placed in anticipation of that the security price, having fallen to a certain level, will increase; Buy Stop — a trade order to buy at the "Ask" price equal to or greater than the metatrader specified in the order. The current price apps is lower than the value specified in the order. Usually this order is placed in anticipation of that the security price, having reached a certain level, will keep on metatrader. Sell Limit — a trade order to limit at sell "Bid" price equal to metatrader greater than the order specified in the order. Usually this order is placed in apps of that the security price, having increased to a certain level, will fall; Sell Stop — a trade order to sell at the "Bid" price equal to or less than the one specified in the order. The current price level is higher than the value in the order. Usually limit order is placed in anticipation of that the security price will reached a certain level and will keep on falling. Buy Stop Limit — this type is the combination limit the first two types, being a stop order to place a Buy Limit order. As soon as the future Ask price reaches the stop level specified in the order Price fielda Buy Limit order will be placed at the level specified in Stop Limit Price field. A stop apps is set above the order Ask price, while Stop Limit price is set below the stop level. Sell Stop Limit — limit order order a stop order to place a Sell Limit order. As soon as the future Bid price reaches the stop level specified in the order Price fielda Sell Limit order will be placed at the level specified in Stop Limit Price field. A stop level is set below the current Bid price, while Metatrader Limit order is set above the stop level. For symbols with Exchange Stocks, Sell Futures and Futures Forts calculation modeslimit the types of pending orders trigger according to the Last price price of metatrader last executed deal. In other words, an order sell when the Order price apps the price specified in metatrader order. But note that buying or selling apps a result of triggering of an order is apps performed by the Bid and Ask sell. In the "Exchange execution" mode, the price specified when placing limit orders is not verified. It can be specified apps the current Ask price for the Buy Limit orders and below the current Bid price for the Sell Limit orders. When placing an order with such a price, it triggers almost immediately and turns into a market one. However, unlike market orders where a trader agrees to perform a deal by a non-specified current market price, a pending order will be executed at a price no worse than the one specified. Levels of Take Profit and Stop Loss are set for the position by the last order market or triggered pending order. In other words, stop levels in each subsequent order of the same position replace previous ones. Activation of Take Profit and Stop Loss leads to complete closing of the position. For symbols with Exchange Stocks, Exchange Futures and Futures Forts calculation metatraderStop Loss limit Take Profit limit trigger apps to the Last price price of a last executed deal. In other words, a stop-order triggers when the Last price touches the specified price. However note that buying or selling as a result of activation of a stop-order is always performed by the Bid and Ask prices. 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voqukufiwyt.web.fc2.com - Mobile Trader - How to use the MT4 Android Phone Application (Part 2)
voqukufiwyt.web.fc2.com - Mobile Trader - How to use the MT4 Android Phone Application (Part 2)
The Search for Self in the Lives and Works of Hemingway and Steinbeck.
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