Placing a Trade

1. Open the "New Order" Window

   • Click New Order from the toolbar or press F9.

2. Select a Trading Instrument

   • Choose the symbol from the Market Watch list.

3. Set Trade Parameters

   • Enter the volume (lot size).

   • Set optional Stop Loss (SL) and Take Profit (TP) levels.

4. Choose Order Type

   • Market Execution – Instant execution at the current price.

   • Pending Order – Execute when price reaches a specified level.

5. Execute the Trade

   • Click Buy or Sell to open the position.

Modifying an Existing Trade

1. Open the Trade tab in the Terminal.

2. Right-click the open trade and select Modify or Delete Order.

3. Adjust SL, TP, or trade volume, then click Modify.

💡 Tip: Always review market conditions before modifying your trades!

Understanding MT5 Order Types

Market Orders (Instant Execution)

• Buy – Purchase at the current market price.

• Sell – Sell at the current market price.

Pending Orders

• Buy Limit – Buy at a lower price than the current market price.

• Sell Limit – Sell at a higher price than the current market price.

• Buy Stop – Buy at a higher price once the market reaches it.

• Sell Stop – Sell at a lower price once the market reaches it.

Stop Loss (SL) & Take Profit (TP)

• Stop Loss – Closes the trade automatically if the market moves against you.

• Take Profit – Closes the trade automatically when profit reaches a set level.

💡 Tip: Proper SL and TP settings help manage risk effectively.

How to Use One-Click Trading in MT5

Enabling One-Click Trading

1. Click Tools > Options in the top menu.

2. Select the Trade tab.

3. Check the box for One-Click Trading and accept the terms.

Placing a One-Click Trade

1. In the Market Watch or Chart Window, find the small trading panel.

2. Select volume (lot size).

3. Click Buy or Sell to execute instantly.

💡 Tip: One-Click Trading is useful for fast market conditions but should be used carefully!