{"id":17654,"date":"2026-10-19T02:30:00","date_gmt":"2026-10-19T02:30:00","guid":{"rendered":"https:\/\/backcom.io\/?p=17654"},"modified":"2026-10-19T14:12:10","modified_gmt":"2026-10-19T14:12:10","slug":"forex-order-types-mt5-guide","status":"publish","type":"post","link":"https:\/\/backcom.io\/en\/forex-order-types-mt5-guide","title":{"rendered":"Forex Order Types: Market Orders, Pending Orders, Stop Loss And Take Profit"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;17654&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Forex Order Types: Market Orders, Pending Orders, Stop Loss And Take Profit&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n    <\/div>\n\n<p class=\"wp-block-paragraph\">A gold chart touches support, yet your Buy Limit never fills. Elsewhere, a Sell position hits its stop before the chart line reaches it. Both outcomes come down to the Bid and Ask prices behind <strong>forex order types<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MT5 offers eight entry orders: two market orders and six pending orders. MT4 has four pending orders. Stop Loss and Take Profit are attached exit instructions, so they are outside that count. In this article, Backcom.io explains where to place each order, which quote triggers it, and what commonly goes wrong on MT4 and MT5.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Forex Order Types: Market Orders And Pending Orders<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/pending-order-positions-vs-price-1024x576.jpg\" alt=\"Forex order types: Buy Stop and Sell Limit sit above the current price, Buy Limit and Sell Stop sit below it, buy orders check Ask and sell orders check Bid\" class=\"wp-image-17658\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/pending-order-positions-vs-price-1024x576.jpg 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/pending-order-positions-vs-price-300x169.jpg 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/pending-order-positions-vs-price-768x432.jpg 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/pending-order-positions-vs-price-1536x864.jpg 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/pending-order-positions-vs-price.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Forex Order Types: Market Orders And Pending Orders<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Forex order types<\/strong> fall into market orders, which request an immediate buy or sell, and pending orders, which wait for a specified price. Stop Loss and Take Profit are separate instructions for closing a position.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Market orders (2):<\/strong> Buy uses Ask; Sell uses Bid.<\/li>\n\n\n\n<li><strong>Pending orders (6 on MT5, 4 on MT4):<\/strong> Both platforms offer Buy Limit, Sell Limit, Buy Stop and Sell Stop. MT5 also offers Buy Stop Limit and Sell Stop Limit.<\/li>\n\n\n\n<li><strong>Attached exits:<\/strong> Stop Loss (SL) and Take Profit (TP) do not count among the eight entry orders.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The first choice is whether you need a position now or only if price reaches your chosen level. All prices below are <strong>hypothetical<\/strong>: XAUUSD Bid 4,200.00 \/ Ask 4,200.30, a $0.30 spread, 100 oz per gold lot, and $0.01 per point. The EURUSD quote is Bid 1.12500 \/ Ask 1.12510.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Market Orders: Buy, Sell And Execution Modes<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Market orders<\/strong> buy at Ask or sell at Bid, but the execution mode affects the final price. Instant Execution may return a requote when the move exceeds your permitted Deviation. Request Execution asks you to accept a quote first; with Market Execution, the broker determines the fill price. For a US equities comparison, <a href=\"https:\/\/www.investor.gov\/introduction-investing\/investing-basics\/how-stock-markets-work\/types-orders\" target=\"_blank\" rel=\"noopener\">Investor.gov\u2019s guide to order types<\/a> also distinguishes getting an execution from getting the price you wanted.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What Are Pending Orders In Forex?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Pending orders in forex<\/strong> sit on the broker\u2019s server and may trigger while MT4 or MT5 is closed. See the <a href=\"https:\/\/backcom.io\/en\/mt4-vs-mt5-differences\">MT4 versus MT5 comparison<\/a> and MetaTrader 5\u2019s <a href=\"https:\/\/www.metatrader5.com\/en\/terminal\/help\/trading\/general_concept#pending_order\" target=\"_blank\" rel=\"noopener\">pending-order definitions<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Order<\/th><th class=\"has-text-align-left\" data-align=\"left\">Relative To Current Price<\/th><th class=\"has-text-align-left\" data-align=\"left\">Trigger<\/th><th class=\"has-text-align-center\" data-align=\"center\">Example Price<\/th><th class=\"has-text-align-left\" data-align=\"left\">Intended Use<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy Limit<\/td><td class=\"has-text-align-left\" data-align=\"left\">Below Ask<\/td><td class=\"has-text-align-left\" data-align=\"left\">Ask \u2264 Price<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,180.00<\/td><td class=\"has-text-align-left\" data-align=\"left\">Buy after a pullback<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Sell Limit<\/td><td class=\"has-text-align-left\" data-align=\"left\">Above Bid<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bid \u2265 Price<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,230.00<\/td><td class=\"has-text-align-left\" data-align=\"left\">Sell after a rise<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy Stop<\/td><td class=\"has-text-align-left\" data-align=\"left\">Above Ask<\/td><td class=\"has-text-align-left\" data-align=\"left\">Ask \u2265 Price<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,225.00<\/td><td class=\"has-text-align-left\" data-align=\"left\">Buy an upward break<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Sell Stop<\/td><td class=\"has-text-align-left\" data-align=\"left\">Below Bid<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bid \u2264 Price<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,170.00<\/td><td class=\"has-text-align-left\" data-align=\"left\">Sell a downward break<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy Stop Limit (MT5)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Stop above Ask; limit below stop<\/td><td class=\"has-text-align-left\" data-align=\"left\">Ask reaches stop, placing Buy Limit<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,225.00 \u2192 4,215.00<\/td><td class=\"has-text-align-left\" data-align=\"left\">Wait for break, then pullback<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Sell Stop Limit (MT5)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Stop below Bid; limit above stop<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bid reaches stop, placing Sell Limit<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,170.00 \u2192 4,180.00<\/td><td class=\"has-text-align-left\" data-align=\"left\">Wait for break, then pullback<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In these retail forex examples, buy entries trigger on Ask and sell entries on Bid.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Buy Limit And Sell Limit: Enter On A Pullback<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Buy limit and sell limit<\/strong> orders aim for an entry price more favorable than the current quote:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Buy Limit:<\/strong> Set it below Ask. It triggers when Ask falls to or below Price. At 4,180.00, it waits for a pullback from the hypothetical 4,200.30 Ask.<\/li>\n\n\n\n<li><strong>Sell Limit:<\/strong> Set it above Bid. At 4,230.00, it waits for Bid to rise toward resistance.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">MetaTrader 5 says a limit order fills at its specified price or better, avoiding negative price slippage on the fill. It might never fill. These orders suit traders who value their entry price more than certainty of entry.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why Did The Chart Touch Support But My Buy Limit Missed?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An MT4 or MT5 chart normally shows Bid; a Buy Limit triggers on Ask. The <a href=\"https:\/\/backcom.io\/en\/what-are-bid-and-ask\">Bid and Ask guide<\/a> explains the difference. Suppose chart support is Bid 4,180.00 and spread stays $0.30. A Buy Limit at 4,180.00 requires Ask to fall there, meaning Bid must reach 4,179.70.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For an order to trigger when the Bid chart reaches 4,180.00, set the Buy Limit <strong>above support<\/strong>, at 4,180.30:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Buy Limit Price For A Bid-Chart Support Touch = Chart Support + Spread<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">If the <a href=\"https:\/\/backcom.io\/en\/what-is-forex-spread\">forex spread widens<\/a> around news, the required adjustment may exceed $0.30.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Buy Stop And Sell Stop: Enter On A Breakout<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/limit-vs-stop-orders-fills-slippage-1024x576.jpg\" alt=\"Forex order types compared: a limit order fills at the specified price or better but may not fill, a stop order favours execution but can slip\" class=\"wp-image-17661\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/limit-vs-stop-orders-fills-slippage-1024x576.jpg 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/limit-vs-stop-orders-fills-slippage-300x169.jpg 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/limit-vs-stop-orders-fills-slippage-768x432.jpg 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/limit-vs-stop-orders-fills-slippage-1536x864.jpg 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/limit-vs-stop-orders-fills-slippage.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Buy Stop And Sell Stop: Enter On A Breakout<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Buy stop and sell stop<\/strong> orders sit at less favorable prices than the current quote:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Buy Stop:<\/strong> Set it above Ask. At 4,225.00, it triggers when Ask reaches that price; the Bid chart might still show 4,224.70.<\/li>\n\n\n\n<li><strong>Sell Stop:<\/strong> Set it below Bid. At 4,170.00, it triggers when Bid falls to that level.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Fast moves and widening spreads can trigger an order and produce an unfavorable fill. Review existing pending orders before <a href=\"https:\/\/backcom.io\/en\/how-to-trade-cpi-news\">trading CPI news<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Buy Stop Limit And Sell Stop Limit Are Available On MT5<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Stop Limit orders<\/strong> combine a trigger with a later limit entry. When price reaches the stop in the Price field, MT5 places a limit order at the Stop Limit field\u2019s price. It fills only if price returns to that limit, as illustrated in the first table.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Limit Versus Stop Orders: Fills And Slippage<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Limit and stop orders<\/strong> trade off price control against the chance of execution:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Order Group<\/th><th class=\"has-text-align-left\" data-align=\"left\">Fill Price<\/th><th class=\"has-text-align-left\" data-align=\"left\">Chance Of Filling<\/th><th class=\"has-text-align-left\" data-align=\"left\">Main Risk<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy Limit, Sell Limit<\/td><td class=\"has-text-align-left\" data-align=\"left\">Specified price or better<\/td><td class=\"has-text-align-left\" data-align=\"left\">Uncertain<\/td><td class=\"has-text-align-left\" data-align=\"left\">Price never returns<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy Stop, Sell Stop, Stop Loss<\/td><td class=\"has-text-align-left\" data-align=\"left\">Can be worse than specified<\/td><td class=\"has-text-align-left\" data-align=\"left\">Execution prioritized<\/td><td class=\"has-text-align-left\" data-align=\"left\">Slippage during volatility or gaps<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy Stop Limit, Sell Stop Limit<\/td><td class=\"has-text-align-left\" data-align=\"left\">No worse than limit price<\/td><td class=\"has-text-align-left\" data-align=\"left\">Uncertain<\/td><td class=\"has-text-align-left\" data-align=\"left\">Price runs without pulling back<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">A limit controls price but can miss the trade. A stop favors execution but can slip, including when used as a Stop Loss. A Stop Limit caps the entry price by accepting the risk of no fill.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">For a <strong>hypothetical<\/strong> 0.02-lot Sell Stop at 4,170.00 filled at 4,168.50, the $1.50 difference costs <strong>$3<\/strong>: $1.50 \u00d7 0.02 \u00d7 100 oz. MetaQuotes describes stop execution as guaranteed but its price as unguaranteed; see its <a href=\"https:\/\/www.metatrader5.com\/en\/terminal\/help\/trading\/performing_deals#pending_stop\" target=\"_blank\" rel=\"noopener\">stop and limit execution guide<\/a>. Take Profit can also fill away from its level, including favorably, depending on the broker. Backcom.io does not rank one order above another; the right choice depends on the entry scenario and acceptable slippage.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Stop Loss And Take Profit: Which Quote Triggers Each?<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/sl-tp-trigger-bid-ask-forex-1024x576.jpg\" alt=\"Forex order types and exits: Buy positions check Bid for SL and TP, Sell positions check Ask, hypothetical Sell SL at 4,230.00 triggers when Bid is 4,229.70\" class=\"wp-image-17664\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/sl-tp-trigger-bid-ask-forex-1024x576.jpg 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/sl-tp-trigger-bid-ask-forex-300x169.jpg 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/sl-tp-trigger-bid-ask-forex-768x432.jpg 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/sl-tp-trigger-bid-ask-forex-1536x864.jpg 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/sl-tp-trigger-bid-ask-forex.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Stop Loss And Take Profit: Which Quote Triggers Each?<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Stop loss and take profit<\/strong> attach to a position or a pending order. SL closes a position when price moves against it; TP closes it at the profit target.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Entire position:<\/strong> A triggered SL or TP closes its related position.<\/li>\n\n\n\n<li><strong>Pending entry:<\/strong> A position opened by a pending order inherits its specified SL and TP.<\/li>\n\n\n\n<li><strong>Before entry:<\/strong> SL and TP attached to an unfilled pending order cannot trigger yet.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Position<\/th><th class=\"has-text-align-left\" data-align=\"left\">Stop Loss Level<\/th><th class=\"has-text-align-left\" data-align=\"left\">Take Profit Level<\/th><th class=\"has-text-align-left\" data-align=\"left\">Quote Checked<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Buy<\/td><td class=\"has-text-align-left\" data-align=\"left\">Below Bid<\/td><td class=\"has-text-align-left\" data-align=\"left\">Above Bid<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bid, matching the chart<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Sell<\/td><td class=\"has-text-align-left\" data-align=\"left\">Above Ask<\/td><td class=\"has-text-align-left\" data-align=\"left\">Below Ask<\/td><td class=\"has-text-align-left\" data-align=\"left\">Ask, one spread above the chart<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For a <strong>hypothetical<\/strong> gold Sell position, an SL at 4,230.00 triggers when Ask reaches 4,230.00. With a steady $0.30 spread, Bid on the chart is only <strong>4,229.70<\/strong>. A Sell TP at 4,170.00 requires Bid to fall to <strong>4,169.70<\/strong> before Ask reaches 4,170.00. A hypothetical Buy SL at 4,170.30 triggers on Bid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MetaTrader 4 confirms that historical charts use Bid in its <a href=\"https:\/\/www.metatrader4.com\/en\/trading-platform\/help\/positions\/orders\" target=\"_blank\" rel=\"noopener\">Order Types documentation<\/a>. On MT4, open Properties, then Common, and select Show Ask line. On MT5, open Properties, then Show, and select Show Ask price line.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Set Stop Loss Before Calculating Lot Size<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With a <strong>$2,000<\/strong> account and <strong>1%<\/strong> risk per trade, the planned risk is <strong>$20<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Lot Size = Dollar Risk \u00f7 Loss Per Lot At Stop Loss<\/strong><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Item<\/th><th class=\"has-text-align-center\" data-align=\"center\">XAUUSD<\/th><th class=\"has-text-align-center\" data-align=\"center\">EURUSD<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Entry<\/td><td class=\"has-text-align-center\" data-align=\"center\">Buy Limit 4,180.30<\/td><td class=\"has-text-align-center\" data-align=\"center\">Buy Stop 1.12800<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Stop Loss (distance)<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,170.30 ($10)<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.12550 (25 pips)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Take Profit (distance)<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,200.30 ($20)<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.13300 (50 pips)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Loss Per Lot At SL<\/td><td class=\"has-text-align-center\" data-align=\"center\">$1,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">$250<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Lots For $20 Risk<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.02<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.08<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Loss At SL \/ Gain At TP<\/td><td class=\"has-text-align-center\" data-align=\"center\">$20 \/ $40<\/td><td class=\"has-text-align-center\" data-align=\"center\">$20 \/ $40<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The EURUSD calculation assumes <strong>$10 per pip per lot<\/strong>. Both examples target a <strong>1:2 risk-to-reward ratio<\/strong>. If the 0.02-lot gold SL slips another $1.50, the loss could be <strong>$23<\/strong>, rather than $20.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can enter balance, risk percentage and SL distance in the <a href=\"https:\/\/backcom.io\/en\/tools\/position-size-calculator\">position size calculator<\/a>. Its result excludes spread, overnight charges and slippage.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How To Place Pending Orders On MT4 And MT5 And Fix Common Errors<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/invalid-stops-stops-level-mt5-1024x576.jpg\" alt=\"Forex order types and the Invalid Stops error: no pending order can be placed inside the stops level zone around the current price, hypothetical 50 points equal $0.50\" class=\"wp-image-17667\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/invalid-stops-stops-level-mt5-1024x576.jpg 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/invalid-stops-stops-level-mt5-300x169.jpg 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/invalid-stops-stops-level-mt5-768x432.jpg 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/invalid-stops-stops-level-mt5-1536x864.jpg 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/10\/invalid-stops-stops-level-mt5.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">How To Place Pending Orders On MT4 And MT5 And Fix Common Errors<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Placing a pending order<\/strong> requires the right order type, price side, risk levels and expiration setting. The broker\u2019s symbol rules can still reject a correctly planned price.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Steps To Place A Pending Order On MT5<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Open the order window:<\/strong> Right-click the symbol in Market Watch and choose New Order, or press F9.<\/li>\n\n\n\n<li><strong>Choose the type:<\/strong> Select Pending Order and then the order type in Type or the side panel, depending on your MT5 version.<\/li>\n\n\n\n<li><strong>Enter size and price:<\/strong> Set Volume in lots and Price for the trigger. For Stop Limit, complete its additional field.<\/li>\n\n\n\n<li><strong>Add SL and TP:<\/strong> Enter your exit levels; zero means the corresponding exit is unset.<\/li>\n\n\n\n<li><strong>Check validity:<\/strong> Review Expiration and Fill Policy. A greyed-out control means the broker\u2019s server does not allow changes.<\/li>\n\n\n\n<li><strong>Place the order:<\/strong> If Place is inactive, check the price side and the minimum distance from the market.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">You can also right-click a chart level and select Trading. In the Trade tab, Modify or delete lets you change a pending order except its Volume, Fill Policy and comment. On MT4, press F9, choose Pending Order and one of four types, then enter at price and Expiry. The MT5 mobile app provides Price, Stop Limit, SL, TP and Expiration fields.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Pending Order Expiration: GTC, Today And Specified<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>GTC (Good Till Canceled):<\/strong> Remains until you remove it.<\/li>\n\n\n\n<li><strong>Today:<\/strong> Valid for the current trading day.<\/li>\n\n\n\n<li><strong>Specified:<\/strong> Ends at the selected time.<\/li>\n\n\n\n<li><strong>Specified day:<\/strong> Ends at 00:00 on the chosen day, or the nearest trading time if the market is closed.<\/li>\n\n\n\n<li><strong>MT4:<\/strong> Uses Expiry; it must be at least 10 minutes after placement.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">An expired order appears as <strong>Expired<\/strong> in History; one you remove appears as <strong>Canceled<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Invalid Stops, Stops Level And Freeze Level<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Stops level<\/strong> is the minimum distance, in points, from the current quote to an SL, TP or pending order. An order placed too close may receive <em>Invalid stops<\/em>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Minimum Distance = Stops Level (Points) \u00d7 Size Of One Point<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Suppose gold has a hypothetical <strong>50-point stops level = $0.50<\/strong>, with Bid 4,200.00 and Ask 4,200.30. The nearest valid levels in this example are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Buy Limit:<\/strong> 4,199.80 or lower, measured from Ask.<\/li>\n\n\n\n<li><strong>Buy Stop:<\/strong> 4,200.80 or higher, measured from Ask.<\/li>\n\n\n\n<li><strong>Sell Limit:<\/strong> 4,200.50 or higher, measured from Bid.<\/li>\n\n\n\n<li><strong>Sell Stop:<\/strong> 4,199.50 or lower, measured from Bid.<\/li>\n\n\n\n<li><strong>Position SL\/TP:<\/strong> A Buy needs SL \u2264 4,199.50 and TP \u2265 4,200.50. A Sell needs SL \u2265 4,200.80 and TP \u2264 4,199.80.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Right-click the symbol in Market Watch and open Specification to inspect Stops level. A displayed zero can still be subject to dynamic server limits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Freeze level<\/strong> may block changes or cancellation near the market price. With a hypothetical 20 points, or $0.20, a Buy Limit at 4,180.00 might be uneditable when Ask reaches 4,180.15. For <em>Invalid price<\/em>, <em>Invalid stops<\/em> or an inactive Place button, check quote side, distance and modification rules.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions (FAQ) About Forex Order Types<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">What Is The Difference Between Buy Limit And Buy Stop?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A Buy Limit sits below Ask, such as the hypothetical 4,180.00 when Ask is 4,200.30. A Buy Stop sits above Ask, such as 4,225.00. The Sell Limit in the <strong>buy limit and sell limit<\/strong> pair sits above the market; the Sell Stop in the <strong>buy stop and sell stop<\/strong> pair sits below it. Use a limit for a pullback and a stop for a break.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Should I Use A Market Order Or A Pending Order?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A market order suits an immediate entry when you accept a possible price change or requote. A pending order suits a price level chosen in advance when you cannot watch the chart continuously. Either way, determine the SL and position size before sending the instruction. Check whether Bid or Ask will actually reach your chosen price.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Do Pending Orders, Stop Loss And Take Profit Work When MT4 Or MT5 Is Closed?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. Pending orders, SL and TP remain on the broker\u2019s server and may trigger while your computer is off. A Trailing Stop needs the platform running to keep moving SL, although the last SL already set remains in place. If continuous trailing is essential, consider a forex VPS and confirm that the platform stays connected.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Does A Pending Order In Forex Reserve Margin?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It depends on the broker and order type. MT5 can calculate margin for pending orders separately when the broker sets a nonzero margin rate. If free margin is insufficient at activation, the order may be canceled and marked <strong>Rejected<\/strong> in History. Check the symbol\u2019s Specification and the <a href=\"https:\/\/backcom.io\/en\/how-to-calculate-margin-forex-xauusd\">margin calculation guide<\/a> before stacking orders.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Is A Stop Loss Guaranteed To Close At My Chosen Price?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. A Stop Loss may fill worse during news, thin liquidity or a weekend gap. If closing cannot be completed, MT5 may try again at the next qualifying tick. Size the position for losses that might exceed the planned amount, especially around fast markets. A stop level defines the trigger, not an unconditional maximum loss.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Forex order types<\/strong> make sense when you check three things together: where the order sits relative to the market, whether Bid or Ask triggers it, and whether price control or execution matters more. Before sending an order:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Show the Ask line when monitoring buy entries and Sell positions.<\/li>\n\n\n\n<li>Check Stops level in Specification before placing pending orders.<\/li>\n\n\n\n<li>Set stop loss and take profit from a calculated risk amount.<\/li>\n\n\n\n<li>Remove pending orders that no longer fit before major news.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/backcom.io\/en\/forex-money-management-1-percent-rule-lot-size\">forex money management guide<\/a> connects SL distance with position size.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Disclaimer:<\/strong> Backcom.io compiled this content for information only; it is not investment advice or a trading recommendation. Leveraged forex and CFDs can result in the loss of your entire capital. All gold and EURUSD prices, stops levels and freeze levels above are hypothetical.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>See how each MT4 and MT5 entry order works, which quote triggers it, and why a chart touch may not produce a fill. Worked gold and EURUSD examples show how stop distance affects lot size.<\/p>\n","protected":false},"author":3,"featured_media":17655,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[359,356],"tags":[858,859],"class_list":["post-17654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge","category-insight","tag-forex-order","tag-order-types"],"acf":[],"views":2,"_links":{"self":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts\/17654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/comments?post=17654"}],"version-history":[{"count":2,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts\/17654\/revisions"}],"predecessor-version":[{"id":18240,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts\/17654\/revisions\/18240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/media\/17655"}],"wp:attachment":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/media?parent=17654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/categories?post=17654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/tags?post=17654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}