A Limit Order allows you to buy or sell at a specified price, ensuring you get the price you want or better. Follow these step-by-step instructions to place a Limit Order in TradingView.
Placing a Buy Limit Order
Open TradingView and go to your chart.
Click "Buy" to open the order panel.
Change the Order Type from "Market" to "Limit".
Enter the price level where you want to buy (must be below the current market price).
Set the lot size (contract size).
(Optional) Add a Stop Loss (SL) and Take Profit (TP).
Click "Confirm" to place the Buy Limit Order.
The order will execute automatically when the market price reaches your set price.
Placing a Sell Limit Order
Click "Sell" to open the order panel.
Change the Order Type from "Market" to "Limit".
Enter the price level where you want to sell (must be above the current market price).
Set the lot size (contract size).
Add a Stop Loss (SL) and Take Profit (TP). (Optional)
Click "Confirm" to place the Limit Sell Order.
The order will execute automatically when the market price reaches your set price.
Managing Limit Orders
To modify the order, locate it in the Orders tab, click on it, and update the price or contract size.
To cancel the order, click the "X" next to it.
Using Limit Orders in TradingView helps you enter trades at your desired price, avoiding unwanted slippage and improving trade execution.