How to Add Stop Loss and Take Profit Orders in Metatrader | Forex
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Today, I am talking about how to add stop loss and take profit orders in metatrader. During this video you’ll learn how to add stop loss and take profit orders in metatrader and we’ll explore some of other topics about forex trading. Find more Information on 'How to Add Stop Loss and Take Profit Orders in MetaTrader' on the following link: https://www.urbanforex.com/blog/stop-loss-and-take-profit-on-mt4-explained I hope you have enjoyed my video. Please leave a comment below if you have any questions about „How to add stop loss and take profit orders in metatrader“ and don’t forget to like my video. Thank you :-)
Comments
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why do you only use mt4 and not mt5?
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please clarify relation b/w stop loss and take profit
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How do I set up an automatic SL/ TP based on pips so I don't have to waste time figuring it out and missing my marks. I am using MT5
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Poor video quality
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great video!
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I loved this video thanks a lot
what if the trade remains in between ? what will I lose ? thanks -
thank you sir.maybe it is a small things.but u help a lot of people around the world acheive something in their life.thank you.may the pips always be with you
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How could you place the 2nd take profit?
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can we move SL by draging the line to trail?
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do pending S/L and T/P orders work even you close the program (and computer) and go to sleep?
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what happens if you change the stop loss....?
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I always watch your videos and website, i was wondering if you could help me with my TP problem.. This happened today to me. I put TP at one price and the candles passed thru that line twice (i mean 2 different candles) for a long amount of pips.. i would say 30 at least, and the market went to the other way now without TP and now i am Negative.... Do you think you have an idea of why this happened?
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I have metaTrader 5 . how can i put 2 take profit in difrent location ?????? for example i am sell 0.3 lot of eurusd and now i have 2 target for take profit . first TP: 0.1 lot and second TP 0.2 lot by 50 pip difference. tnx :)
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That is a lot of hard work compared to fxcm's trading station!
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Yes, when you have a sell trade, your take profit is going to be usually below the current market. To place a sell order with automatic exit, you must first prepare a sell order (you can do that by pressing F9). In that small order window, you can choose the currency pair you want to sell, and also set the stop loss and take profit on that and then submit. Hope that helps. Try it out on a demo account first to be sure you understood it correctly. Regards, Navin
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Hey great video and this has been working for me on my "buy" orders. I'm a little confused though about the "sell" orders. Do you not use "take profit" the same way but backwards when doing a sell order? How do you place a sell order with an automatic exit?