How to Manually Close Trades in MT5
To manually close trades on the MetaTrader 5 (MT5) platform, follow these steps to efficiently manage your open positions. This process allows you to quickly lock in profits or limit losses, whether you're closing trades for strategic reasons or in response to market changes. These instructions will guide you through navigating the MT5 terminal with ease.
1. Open MT5
- Launch MetaTrader 5 and log in to your account.
2. Navigate to 'Trade'
- Click the 'Trade' tab at the bottom of the terminal to view open trades.
3. Select the Trade
- Find the trade you want to close and right-click on it.
4. Close the Trade
- Choose 'Close Order' from the context menu.
5. Confirm the Closure
- In the order window that appears, click the yellow 'Close' button.
Alternatively, you can double-click on the trade you wish to close, which will also open the order window for confirmation. By following these steps, you can effectively manage your trades, ensuring you respond promptly to market conditions and maintain control over your trading strategy.