DESCRIPTION: below you can find the features that are available on MT5 for trading
AVAILABLE FEATURES:
- Take Profit - With take profit, you can limit orders that are closed when a specified profit level is reached.
- Stop Loss- With stop loss, you minimize potential losses by setting the price at which you want the position to close, in case the market moves against your prediction.
- Stop Out- With stop out, if your margin level drops below the stop out level, your ongoing open positions will be closed automatically by the system to protect you from further losses from the trades.
- Buy stop - A type of pending order when you expect the market going up until it reached your set up price and keep going up.
- Buy limit - A type of pending order when you expect the market going down until it reach your desirable price and go up
- Sell stop - A type of pending order when you expect the market going down until it reached your set up price and keep going down
- Sell limit - A type of pending order when you expect the market going up until it reach your desirable price and then go down
For further check refer to https://community.deriv.com/t/types-of-mt5-orders/56787