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How to add a stop loss and take profit in MT5?

Updated on June 5, 2024

Set a SL and TP for a new trade

 

  • Open the New Order window. 
  • Input your SL and TP prices. 
  • Input your volume size and then place your order. 
 
stop loss and take profit

 

Set a SL and TP for an existing trade

 

  • Double click on a trade in the trade window and modifying the stop loss and take profit in their respective fields.
  • Drag the stop loss and take profit levels on the chart directly
  • Hover over the trade to be modified and right-click, then select “Modify or Delete” 
    • After the order window appears, fill the new stop loss or take profit in their respective fields and then click “modify…”  

 

 
stop loss and take profit
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