Introduction to Match-Trader Pending Orders
Match-Trader Pending Orders are an essential feature that allow traders to enter the market at predefined price levels instead of executing trades instantly.
In this Match-Trader Pending Orders guide, you will learn how to use Buy Limit, Sell Limit, Buy Stop, and Sell Stop orders effectively while managing your risk.
If you are new, it’s recommended to first review Market Orders before using pending strategies.
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What Are Match-Trader Pending Orders?
Match-Trader Pending Orders are instructions to open a trade automatically when price reaches a specific level.
Unlike Market Orders, they allow traders to plan entries in advance based on strategy.
They are commonly used in:
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Range trading
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Breakout trading
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Trend continuation
Understanding Buy Limit and Sell Limit Orders
Sell Limit Order
A Sell Limit is used when you expect the price to rise to a resistance level and then reverse downward.
For example, if the market is approaching support but you anticipate a move back to resistance before falling, you can place a Sell Limit at that higher price.
Buy Limit Order
A Buy Limit is used when you expect the price to fall to a support level and then move upward.
This allows traders to enter at a lower price in anticipation of a bullish move.
How to Place a Pending Order in Match-Trader
To set up a Pending Order:
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Click on Advanced Order
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Select Pending
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Choose Risk Mode
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Select either Buy Limit or Sell Limit
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Enter your desired entry price
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Set your Stop Loss
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Adjust your position size (volume) based on risk
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Confirm the order
Once placed, the order will remain active until the market reaches your specified price.
Setting Stop Loss and Take Profit
Just like Market Orders, Pending Orders require proper risk management.
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Stop Loss protects your capital if the trade moves against you
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Take Profit locks in gains when the target price is reached
A strong trading strategy often includes a positive Risk-Reward Ratio, where the potential profit is greater than the potential loss.
Understanding Buy Stop and Sell Stop Orders
Buy Stop Order
A Buy Stop is placed above the current market price.
It is used when traders expect the price to continue rising after breaking a resistance level.
Sell Stop Order
A Sell Stop is placed below the current market price.
It is used when traders expect the price to continue falling after breaking support.
Important: These are not the same as Stop Loss orders , they are entry orders based on breakout strategies.
Managing Pending Orders
Match-Trader makes it easy to manage your pending trades.
You can:
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View all pending orders in the Pending Orders tab
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Modify entry, Stop Loss, and Take Profit directly on the chart
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Edit orders using the pencil icon
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Delete orders instantly using the X button
When a Pending Order is triggered, it automatically becomes an Open Position.
Risk Management Tips
Successful trading is not just about entry points — it’s about managing risk effectively.
Match-Trader’s Risk Mode allows you to:
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Set risk based on account balance percentage
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Control position size automatically
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Maintain consistency across trades
Always ensure your risk per trade aligns with your overall trading strategy.
Final Thoughts
Pending Orders are a powerful tool that allows traders to plan trades in advance and execute strategies with precision.
Whether you are trading reversals using Limit Orders or breakouts using Stop Orders, understanding how to use Pending Orders effectively can significantly improve your trading performance.
Match-Trader provides all the tools needed to execute these strategies with flexibility and control.
Risk Disclaimer
CFDs and FX are leveraged products and trading them involves significant risk. Your capital may be at risk. This content is for educational purposes only and should not be considered financial advice.