How do I set a take profit order?

A take profit order closes your trade automatically when the price reaches your target.

When opening a trade in MT5:

1. In the order dialog, enter a value in the Take Profit field.
2. For a buy order, enter a price above the current price.
3. For a sell order, enter a price below the current price.
4. Click Buy or Sell to open the trade with the take profit set.

On an existing open trade:

1. Double-click the trade in the Terminal panel (or right-click > Modify or Delete Order).
2. Update the Take Profit field.
3. Click Modify.

Note: Take profit is executed at the exact price if the market reaches it. During high volatility, execution may differ slightly.