The linked video illustrates a Buy Limit at 3,610 using 3,620 as an example price, and shows a Sell Limit screen with Stop Loss (SL) and Take Profit (TP) fields. These figures are examples from the demonstration, not current prices or trading signals.
How Limit pending orders work
In MT5, a pending order waits for a price condition. A Buy Limit is generally placed below the current market price to seek a purchase at a lower level; a Sell Limit is generally placed above it to seek a sale at a higher level. When the condition is reached, the order is handled according to the execution mode and broker’s terms. The trigger price is not necessarily the final execution price.
Before you submit an order
- Check that the symbol and order type match your plan.
- Review the volume and limit price against the amount of risk you can accept.
- Check whether SL, TP, and an expiration time are set. If a field is left blank, that level may not be attached to the order.
- Check the execution mode, fill policy, and symbol-specific restrictions with your broker.
- After submission, review whether the order is Placed, Filled, Rejected, Canceled, or Expired.
MetaTrader’s Android guide shows pending-order fields for price, SL/TP, fill policy, and expiration, and describes order states. Execution modes for a particular instrument are determined by the broker, so accounts may not process orders identically.
What the example does—and does not—show
An SL or TP is a level or instruction associated with an order or position; it does not make an outcome certain. Execution conditions and the asset type affect how an order reaches the market. Read your broker’s documentation and practise with a demo account before using real money. This page does not recommend a price to buy or sell.
Official references
- MetaTrader 5: Trading concepts
- MetaTrader 5: Executing trades
- MT5 for Android: Placing a pending order
- MT5 for Android: Execution modes
- MT5 for Android: Order states
This article is for general education and does not provide investment advice.