{"id":7878,"date":"2024-09-10T17:00:00","date_gmt":"2024-09-10T08:00:00","guid":{"rendered":"https:\/\/is6.com\/info\/?p=7878"},"modified":"2024-12-27T17:52:03","modified_gmt":"2024-12-27T08:52:03","slug":"20211020","status":"publish","type":"post","link":"https:\/\/is6.com\/info\/en\/manual\/20211020\/","title":{"rendered":"[PC Version MT5] Chapter 8: Closing Orders"},"content":{"rendered":"<h2>Market Order Closure<\/h2>\n<h3>Watch the video How to Close a Trade<\/h3>\n<h4>Windows PC<\/h4>\n<div class=\"youtube\">\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/pr65Ot4kKds?si=3Ss1Sh9HnJNQkoEP&amp;start=96\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<h4>MacOS<\/h4>\n<div class=\"youtube\">\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/LcPxwO0g_oI?si=aBaU7X-nMLohTWqL&amp;start=75\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<h3>(1) Closing Positions and Realizing Profit or Loss<\/h3>\n<p>Close open positions to realize profit or loss.<br \/>\nSelect the &#8220;Trade&#8221; tab in the Toolbox to check the positions you want to close.<\/p>\n<p>&#8211; Click on the position you want to close to select it. (It will turn dark blue.)<br \/>\n&#8211; Right-click on the selected position, and from the displayed menu, click &#8220;Close Position.&#8221;<\/p>\n<p>\u203bNote: If you have multiple positions, be careful not to select the wrong one for closure.*<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-1.jpg\" alt=\"Closing Positions and Realizing Profit or Loss\" width=\"637\" height=\"546\" class=\"alignnone size-full wp-image-7880 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-1.jpg 637w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-1-300x257.jpg 300w\" sizes=\"auto, (max-width: 637px) 100vw, 637px\" \/><\/p>\n<p>Alternatively, you can also open the position window by clicking the \u00d7 button on the far right.<br \/>\nIf One Click Trading is enabled, the position will be closed immediately.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-2.jpg\" alt=\"Toolbox\" width=\"1467\" height=\"207\" class=\"alignnone size-full wp-image-7881 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-2.jpg 1467w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-2-300x42.jpg 300w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-2-1024x144.jpg 1024w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-2-768x108.jpg 768w\" sizes=\"auto, (max-width: 1467px) 100vw, 1467px\" \/><\/p>\n<h3>(2) Confirming the Close Order<\/h3>\n<p>The position window will appear. Click the yellow &#8220;Close by Market&#8221; button.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-3.jpg\" alt=\"Close Order\" width=\"778\" height=\"389\" class=\"alignnone size-full wp-image-7882 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-3.jpg 778w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-3-300x150.jpg 300w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-3-768x384.jpg 768w\" sizes=\"auto, (max-width: 778px) 100vw, 778px\" \/><\/p>\n<h3>(3) Completion of Closure<\/h3>\n<p>Once the closure is completed, a confirmation screen will be displayed. Click the &#8220;OK&#8221; button to close the window.<\/p>\n<p>\u203bNote: If you want to print the order process, do not forget to print it.<br \/>\n\u203bNote: Order history can be checked from the &#8220;Account History&#8221; tab in the Toolbox.<\/p>\n<h2>How to Cancel Orders<\/h2>\n<h3>(1) Canceling IFDOCO Orders<\/h3>\n<p>Cancel an already placed IFDOCO order.<\/p>\n<p>&#8211; Select the position to &#8220;Modify&#8221; or &#8220;Cancel&#8221; from the &#8220;Trade&#8221; tab in the Toolbox.<br \/>\n&#8211; Right-click on the selected position, and from the displayed menu, click &#8220;Modify or Delete Order.&#8221;<\/p>\n<p>\u203bNote: If you have multiple positions, be careful not to cancel the wrong one.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-4.jpg\" alt=\"Canceling Orders\" width=\"372\" height=\"387\" class=\"alignnone size-full wp-image-7883\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-4.jpg 372w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-4-288x300.jpg 288w\" sizes=\"auto, (max-width: 372px) 100vw, 372px\" \/><\/p>\n<h3>(2) Modifying Orders<\/h3>\n<p>The order modification window will be displayed, where you can input the new details.<\/p>\n<p>For this example, change the SL from 99 to 97.<br \/>\nAfter modifying the SL price, click the &#8220;Modify&#8221; button.<\/p>\n<p>To cancel the order itself, click the &#8220;Delete&#8221; button.<br \/>\nA confirmation screen will appear, click the &#8220;OK&#8221; button to close the window, and the order modification will be completed.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-5.jpg\" alt=\"Modifying Orders\" width=\"779\" height=\"387\" class=\"alignnone size-full wp-image-7884 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-5.jpg 779w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-5-300x149.jpg 300w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-5-768x382.jpg 768w\" sizes=\"auto, (max-width: 779px) 100vw, 779px\" \/><\/p>\n<h3>(3) Confirming Changes<\/h3>\n<p>Check the trading screen in the Toolbox.<br \/>\nThe SL has been changed from 99 to 97.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-6.jpg\" alt=\"Confirming Changes\" width=\"1251\" height=\"190\" class=\"alignnone size-full wp-image-7885 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-6.jpg 1251w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-6-300x46.jpg 300w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-6-1024x156.jpg 1024w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-6-768x117.jpg 768w\" sizes=\"auto, (max-width: 1251px) 100vw, 1251px\" \/><\/p>\n<div class=\"caution\">\n\u203bNote: If the limit price is incorrect, the button cannot be pressed.\n<\/div>\n<h2>Trailing Stop<\/h2>\n<h3>(1) How to Set Up a Trailing Stop<\/h3>\n<p>Using a standard trailing stop order allows the SL value to be adjusted automatically according to market movements based on the conditions you set.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-7.jpg\" alt=\"Trailing Stop\" width=\"400\" height=\"513\" class=\"alignnone size-full wp-image-7886 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-7.jpg 400w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-7-234x300.jpg 234w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/p>\n<h3>(2) Setting the Value for a Trailing Stop<\/h3>\n<p>You can set the trailing stop value from the trading screen in the Toolbox.<\/p>\n<ul>\n<li>Click on the position to select it. (It will turn dark blue.)<\/li>\n<li>Right-click on the selected position, and from the displayed menu, click &#8220;Trailing Stop.&#8221;<\/li>\n<li>A further menu will expand; select the trailing stop value.<\/li>\n<\/ul>\n<p>\u203bNote: By selecting &#8220;Custom,&#8221; you can set a trailing stop with a custom value.<\/p>\n<h3>(3) How to Cancel a Trailing Stop Order<\/h3>\n<p>You can cancel the trailing stop value from the trading screen in the Toolbox.<\/p>\n<ul>\n<li>Click on the position to select it. (It will turn dark blue.)<\/li>\n<li>Right-click on the selected position, and from the displayed menu, click &#8220;Trailing Stop.&#8221;<\/li>\n<li>A further menu will expand; select &#8220;None.&#8221;<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-8.jpg\" alt=\"How to Cancel a Trailing Stop Order\" width=\"400\" height=\"513\" class=\"alignnone size-full wp-image-7887 img_box\" srcset=\"https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-8.jpg 400w, https:\/\/is6.com\/info\/wp-content\/uploads\/2024\/09\/8-8-234x300.jpg 234w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/p>\n<div class=\"caution\">\n<p style=\"margin-bottom:0;\">\n\u203bNote: Trailing stop orders only function when MT5 is running.<br \/>\nIf MT5 is closed after placing a trailing stop order and the SL level for closure is shown in the order, the server will only save the SL at that point, and the order will be executed at that saved price.\n<\/p>\n<\/div>\n<p><a class=\"btn tc mt30\" href=\"https:\/\/is6.com\/info\/en\/manual\/20211021-2\/\">[PC Version MT5] Chapter 9: Let&#8217;s Try Using Charts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Order Closure Watch the video How to Close a Trade Windows PC MacOS (1) Closing Positions and Realizing Profit or Loss Close open positions to realize profit or loss. Select the &#8220;Trade&#8221; tab in the Toolbox to check the positions you want to close. &#8211; Click on the position you want to close to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_locale":"en_US","_original_post":"3817","footnotes":""},"categories":[15,3],"tags":[],"class_list":["post-7878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mt5","category-manual","en-US"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/posts\/7878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/comments?post=7878"}],"version-history":[{"count":5,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/posts\/7878\/revisions"}],"predecessor-version":[{"id":9043,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/posts\/7878\/revisions\/9043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/media\/889"}],"wp:attachment":[{"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/media?parent=7878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/categories?post=7878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/is6.com\/info\/wp-json\/wp\/v2\/tags?post=7878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}