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MT5 Multiple orders


#1

Hi,

I place 2 orders (at slighlty different prices) - both with 50 point Stop. one of those orders has a profit of 50 points and the other has a profit target of 150.

Once triggered they are now a single positon with a Stop of 50 and profit target of 150.

I am not even sure how to close 1 contract at 50 points profit and let the other run to 150.

Please advise.

Thanks,

Jubael


#2

Hello,

If possible can you please take a screenshot of your platform so we can assess the issue further and help you solve this problem. Preferably a picture of the price levels you entered your orders at and the current situation you are in.

Please attempt to blur out any account related information such as your username or trading account number.

Thank you,
Jake

Optimus Futures Support


#3

@jubael_haque Thank you for contacting us via the PM.
Each one of your orders whether limit or stops should be listed separately and you will view them as such.
However, please keep in mind that Futures works on the FIFO system (First In, First Out). So your first order would come out first, whether a limit or a stop. Mathematically, if you have two separate entries and two different exits, it would not a make a difference in how you combine if both get hit. However, it is important to remember the FIFO rule in the event you cancel orders, exit at the market, etc.
We hope this helps.

Matt Z
Optimus Futures
www.optimusfutures.com

The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.