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Enable one-click trading

To use the one-click trading feature on MT4/MT5, you must first enable it. One-click trading can be set from the trading panel or the context menu of charts.

Place one-click market order

On MT4/MT5, you can easily place market orders by clicking the BUY or SELL button on the trading panel. Orders placed from the trading panel are executed with a single click and it is sometimes called the one-click order.

Manage columns in Market Watch

Here we'll take a look at how to change the items displayed on the Market Watch in MT4/MT5. You can get information such as spread, low and high prices, and more in the Symbols tab of the Market Watch on MT4/MT5.

Partially close a position

Here we'll look over the steps on how to partially close a position on MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. In MT4/MT5, you can close your positions across multiple orders to secure profits or cut losses.

Set or change T/P and S/L values

Here we'll look over the steps on how to set or change take-profit (T/P) and stop-loss (S/L) values on MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. You can add a take-profit (T/P) or a stop-loss (S/L) value even after you've placed a new order. You can also change these values after you've set them.

Close a position at market price

Here we'll look over the steps on how to close a position at market price on MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The order gets executed as soon as it reaches the market, so there may be slippage, which is the difference between the requested price and the execution price, due to the volatility of the symbol.

Place If-Done-OCO order

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.

Cancel pending order

Here we'll look over the steps on how to cancel a limit, stop, or stop-limit order on the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. After placing a limit/stop/stop-limit order, you can still cancel the order or change the price, take-profit (T/P), stop-loss (S/L), and expiration date, as long as the order hasn't been executed yet.

Modify pending order

Here we'll look over the steps on how to modify a limit, stop, or stop-limit order on the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. After placing a limit/stop/stop-limit order, you can still change the price, take-profit (T/P), stop-loss (S/L), and expiration date, as long as the order hasn't been executed yet.

Manage symbols in Market Watch

Here we will look at how to manage symbols in the Market Watch on MT4/MT5. On MT4/MT5, you can show or hide not only specific symbols, but also all symbols at once.

Default values on the new order window

Here we will look at how to set default values on the new order window in MT4/MT5. You can adjust the default settings for symbol, volume, and deviation on the new order window.

Open the new order window

Here we will look at these five ways to open the new order window on MT4/MT5. You can access the new order window in five ways: the toolbar, menu, chart, Market Watch, or a keyboard shortcut.

Open the Popup Prices

Here we will look at how to use the Popup Prices on MT4/MT5. The Popup Prices feature makes it easier to see the information displayed in the Symbols tab in the Market Watch.

Adjust window layout

Here we'll take a look at how to adjust the windows layout in MT4/MT5. You can adjust the window layout on MT4/MT5 to your liking.

Use the fast navigation bar

Here we will look at how to use the fast navigation bar on MT4 / MT5. You can enter symbol, timeframe, date, and time in the fast navigation bar to quickly customize your chart.

Display symbol details in Market Watch

The Market Watch consists of four tabs: Symbols, Details, Trading, and Ticks. In the Details tab, you'll find various information such as close price of the previous day, today's high/low/open, change in price from the previous day, and current price. Here we'll take a look at how to display the details for a symbol on the Market Watch in MetaTrader5 (MT5).

Trading tab in Market Watch

The Trading tab in the Market Watch on MetaTrader5 (MT5) features a one-click trading panel, last update time, spread, swap points, and low/high. This tab is unavailable in MetaTrader4 (MT4) and is only available in MT5. Here we'll take a look at the Trading tab in the Market Watch.

Place stop-limit order

Here we'll look over the steps on how to place a stop-limit order on the new order screen of the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Stop-limit orders will execute a limit order once the rate reaches a predefined trigger price. Set a trigger price higher than the current for a buy stop-limit order, and a lower trigger price for a sell stop-limit order. Once the trigger price is achieved, the limit order will be placed.

Place limit order

Here we'll look over the steps on how to place a limit order on the new order screen of the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Limit order is an order to execute the trade at a specific price more favorable than the current one. Set a lower price than the current for a buy limit order, and a higher price for a sell limit order.

Place stop order

Here we'll look over the steps on how to place a stop order on the new order screen of the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Stop orders can be used to limit losses or open a new position after a breakout. Set a higher price than the current for a buy stop order, and a lower price for a sell stop order.

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