Teleportation: "About MetaTrader5, you need to know these basic pr cashback forexciples (I)"  Before you start to underst cashbackforexpipcalculator and learn the trading functions offered by the major platforms, whether it cashback forex profit calculator broker-related personnel or Traders, need to clearly understand the basic terms of MetaTrader5 (MT5)  stop gain stop gain forexcashbackprofitcalculators are aimed at gaining profit when the cashbackforexprofitcalculator of assets such as foreign exchange reaches a certain price level the result of the execution of such orders is the complete closing of the entire position stop gain can be an open position or pending orders such orders for long positions, the price of closing the position in the entry (pending orders) price above If the price of a foreign exchange asset moves in the opposite direction of the orders expectation, the order minimizes the loss If the price of the currency hits the stop loss price, the entire position is automatically closed Similarly, for long positions, the stop loss price is usually below the entry price and vice versa Stop Loss and stop-loss Inheritance rules (net):  When the position volume increases or the position is cancelled, the stop-loss and stop-loss levels are set according to the last order (market price or triggered pending orders) In other words, the stop-loss price of subsequent orders in the same direction position will replace the previous If a zero value is specified in the order, the stop-loss and stop-loss levels of the position will be cleared If the position is partially closed, the stop loss and take profit levels will not be changed by the new order if the position is fully closed, the stop loss and take profit levels are deleted because they must be combined with the opened position and cannot exist independently when executing a trading operation for an instrument, if a position is available, the stop loss and take profit levels of the currently opened position are automatically inserted into the order placement window This purpose is to prevent accidental Delete the current stop order During a one-click trade against a species (from a panel on a chart or from a market observation), if there is a position at this time, the current stop-loss and stop-gain levels will not change In the OTC market (foreign exchange, CFDs, futures), when the position is shifted to the next trading day (swap), the swap will be included to reopen, the stop-loss and stop-gain levels remain unchanged  nbsp;In the securities market, when the position is moved to the next trading day (swap), and when the position is moved to other accounts or delivery, the stop-loss and stop-gain levels are cleared Stop-loss and stop-gain Inheritance rules (hedging): If the position is partially closed, the stop-loss and stop-gain levels will not be changed by the new order If the position is fully closed Stop Loss and Take Profit levels are removed as they must be combined with opened positions and cannot stand alone During one-click trading operations (from the chart panel or market depth), Stop Loss and Take Profit levels are no longer set These rules apply to both manual trading and orders placed using an intelligent trading system (MQL5 program) Moving Stops can be used to automatically follow price stops  The result of activating a take profit or stop loss is the complete closing of the entire position For stock exchanges, futures exchanges and futures options departments the calculation mode of stop loss and take profit orders are triggered according to the rules of the exchange where the trade was executed. Note that a buy or sell as a result of activating a stop order is always executed at the sell and buy prices respectively Trailing stop A moving stop, also known as a trailing stop, is a stop loss that follows the latest price by a certain number of pips and is triggered only when the exchange price moves in the favorable direction of the position, and is set when the order enters the profit taking phase Moving stop is a very good trading tool, especially in In case of high price volatility, it can protect your profits A Trailing Stop is always combined with an opened position or a pending order It is executed within the trading platform, not on the server like a Stop Loss To set up a Trailing Stop select Trailing Stop in the associated menu of the position or order in the trading bar  Select the necessary distance value between the Stop Loss level and the current price level  for each opened position or pending order, only one moving stop can be set moving stop operation guidelines when a new quote arrives, the platform checks whether the opened position is profitable once the profit points are equal to or greater than the indicated level, the order is automatically generated and the stop loss level is traded at the indicated distance from the current price if the price moves and the profit on the position increases, the stop-loss level automatically moves with the price otherwise, the order is not changed therefore, the profit of the position is automatically locked if the stop-loss of the position has been set, if the profit of the order increases, it can also follow the price, and when the profit decreases remains unchanged when a pending order is triggered, the moving stop-loss of the current position of the same species is covered by the moving stop-loss specified in the new order  nbsp;If a pending order triggers a transaction that results in the inverse of the current position of the species, and the volume of transactions is small or equal, the moving stop loss will not be covered Each automatic modification of the stop loss will add a record in the log To disable the moving stop loss, set the None parameter DeleteAll command in the control menu to disable all open positions and pending orders Moving Stops Moving Stops are executed within the trading platform, not on the server (like Stop Loss or Take Profit) which is why if the platform is closed, it doesnt work, unlike Stop Loss and Take Profit in which case only the Stops that have been set by the Moving Stop will be triggered For a position, a Moving Stop cannot occur more than once every 10 seconds  Order Status After an order is formed and sent to the trading server, it can be in the following stages: ●Started - the order has been checked for correctness, but not yet accepted by the broker; ●Filled - the trader has accepted the order; ●Partially filled - the order is partially filled; ●The entire order is partially filled Order is partially filled; ●The entire order is filled - the entire order is filled; ●Cancelled - the order is cancelled by the customer; ●Rejected - the order is rejected by the trader; ●Expired - the order is cancelled due to expiration You can view the State field in the History State field in the History column to view the status of the order The status of pending orders that have not yet been triggered can be viewed in the Trade column Order status illustrates the current order processing steps Execution types Four order execution modes are available in the platform: ● Immediate execution In this mode, an order is executed at the price provided by the broker when sending An order to be executed, the platform automatically adds the current price to the order If the broker accepts the price, the order is executed If the broker does not accept the requested price, a Requote is returned - the broker returns the price at which the order will be executed ●Request Execution In this mode, a market order is executed at the price previously received from the broker Some market orders are executed at the price received from the broker before the order is sent, and after the price is received, the order is executed at the given price, which may be confirmed or rejected ●Market execution In this mode of order execution, the broker determines the price at which the order will be executed and does not need to negotiate with the trader separately. ● Exchange execution In this mode, trading operations processed on the trading platform are sent to an external trading system (exchange) and the trading operation is executed at the price offered by the current market Note: Each execution mode is defined by the brokerage firm Execution policy set by the brokerage firm In addition to the generic order execution rules, traders can specify additional conditions in the FillPolicy field of the order placement window: ● Execution or cancellation (FOK) Execution policy means that an order can only be filled in a specified volume If the necessary amount of financial instruments is not available in the current market, the order cannot be executed The required volume can be filled by the market at the moment ● Immediate execution or cancellation (IOC)  in this case, the trader agrees to execute the order with the maximum available volume in the market, as long as it is within the order instructions In this case, the order cannot be fully filled, and after the available volume is filled, the remaining orders will be cancelled The possibility of using IOC for the order is judged on the trade server  ● Cancellation This policy is only used for market orders (buy or sell), back and break back orders are only used in the market or exchange execution of the species if partially filled, the remaining volume of market or back orders will not be cancelled, but wait for later processing The execution policy used according to the execution mode can be shown in the following table: