How to place a Pending Order

A Pending Order allows traders to set an order that will be automatically executed when the market reaches a specified price level.

Steps to place a Pending Order on MT5:

1. Open the MT5 platform.
2. Open the New Order window.
3. Change the Order Type from Market Execution to Pending Order.
4. Select the pending order type:
   • Buy Limit
   • Sell Limit
   • Buy Stop
   • Sell Stop
5. Set your preferred price level, volume, Stop Loss, and Take Profit (if applicable).
6. Click Place Order to confirm.

Important Note:
During periods of high market volatility, pending orders may not always be executed at the requested price due to market conditions and liquidity.