| A buy limit is a pending order which is set below the current price in the market and it gets triggered when the ask price reach the preset order price , A sell limit is a pending order which is set above the current price in the market and it gets triggered when the bid price reach the preset order price. To place a pending order in MetaTrader, open the "Order" window by selecting "Tools" and then "New Order," or by double-clicking on the symbol name in the "Market Watch" window. From there, choose "Pending Order" from the "Type" field to set up the order. |