Mobile & tablet Place If-Done-OCO order
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Here we'll look over the steps on how to place an If-Done-OCO order on the new order screen of the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. If-Done-OCO order stands for "If Done, One Cancel the Other". It is used when placing new limit/stop/stop-limit orders. With an If-Done-OCO order, you place orders to secure profits or cut losses. Once the profit or the loss cut has been confirmed, the other order will be automatically canceled.
Related article: Open the new order screen
iPhone
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 6
Set the expiration type as necessary.
Step 7
Tap "Place".
Step 8
Your order has been placed if you see the success message.
Step 9
The screen switches to the "Trade" tab with the new order details.
Android
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 6
Set the expiration type as necessary.
Step 7
Tap "Place".
Step 8
Your order has been placed if you see the success message.
Step 9
The screen switches to the "Trade" tab with the new order details.
iPad
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 6
Set the expiration type as necessary.
Step 7
Tap "Place".
Step 8
Your order has been placed if you see the success message.
Step 9
The order details will be added to the toolbox.
Android tablet
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 6
Set the expiration type as necessary.
Step 7
Tap "Place".
Step 8
Your order has been placed if you see the success message.
Step 9
The order details will be added to the toolbox.
iPhone
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
To place a stop-limit order, set the trigger and stop-limit prices.
Step 6
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 7
Set the expiration type as necessary.
Step 8
Tap "Place".
Step 9
Your order has been placed if you see the success message.
Step 10
The screen switches to the "Trade" tab and the order details will be added as a pending order.
Android
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
To place a stop-limit order, set the trigger and stop-limit prices.
Step 6
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 7
Set the expiration type as necessary.
Step 8
Tap "PLACE".
Step 9
Your order has been placed if you see the success message.
手順10
The screen switches to the "Trade" tab and the order details will be added as a pending order.
iPad
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
To place a stop-limit order, set the trigger and stop-limit prices.
Step 6
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 7
Set the expiration type as necessary.
Step 8
Tap "Place".
Step 9
Your order has been placed if you see the success message.
Step 10
Tap "Trade" in the lower menu.
Step 11
The pending order will be added to the toolbox of the "Trade" tab.
Android tablet
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Tap "Market Execution" and change the order type.
Step 3
Select the order type.
Step 4
Set the limit/stop price.
Step 5
To place a stop-limit order, set the trigger and stop-limit prices.
Step 6
Set the stop-loss (S/L) and take-profit (T/P) values.
Step 7
Set the expiration type as necessary.
Step 8
Tap "PLACE".
Step 9
Your order has been placed if you see the success message.
Step 10
The order details will be added to the toolbox.
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