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How to Use Limit Orders in TradingView

Limit Orders allow traders to enter the market at a specific price instead of accepting the current market price. This gives greater control over trade entries and helps traders execute orders at their preferred price levels.

This guide explains how to place, modify, and cancel Limit Orders in TradingView.


What Is a Limit Order?

A Limit Order is an order that will only execute at your selected price or better.

Buy Limit Order

A Buy Limit Order is placed below the current market price.

The order will only execute if the market falls to your specified price.

Sell Limit Order

A Sell Limit Order is placed above the current market price.

The order will only execute if the market rises to your specified price.

Important

A Limit Order is not guaranteed to fill. If the market never reaches your selected price, the order will remain pending.


How to Place a Buy Limit Order

Step 1: Open Your Chart

Open TradingView and navigate to the market you wish to trade.

Step 2: Open the Order Panel

Click Buy to open the order entry window.

Step 3: Select Limit Order

Change the order type from Market to Limit.

Step 4: Enter Your Entry Price

Enter the price where you want to buy.

The selected price must be below the current market price.

Step 5: Set Your Position Size

Enter your desired contract quantity.

Step 6: Optional Risk Management

If desired, add:

  • Stop Loss (SL)

  • Take Profit (TP)

Step 7: Submit the Order

Click Confirm to place the Buy Limit Order.

The order will remain active until:

  • The market reaches your price

  • You modify the order

  • You cancel the order


How to Place a Sell Limit Order

Step 1: Open the Order Panel

Click Sell to create a new order.

Step 2: Select Limit Order

Change the order type from Market to Limit.

Step 3: Enter Your Entry Price

Enter the price where you want to sell.

The selected price must be above the current market price.

Step 4: Set Your Position Size

Enter the desired contract quantity.

Step 5: Optional Risk Management

You may also add:

  • Stop Loss (SL)

  • Take Profit (TP)

Step 6: Submit the Order

Click Confirm to place the Sell Limit Order.

The order will remain active until the market reaches your specified price.


How to Modify a Limit Order

If your order has not yet been filled, you can update its details.

Step 1: Open the Orders Section

Navigate to the Orders tab.

Step 2: Select the Order

Locate the active Limit Order.

Step 3: Edit the Order

Update:

  • Price

  • Contract quantity

Step 4: Save Changes

Confirm the modifications.

The updated order will remain active using the new settings.


How to Cancel a Limit Order

Step 1: Open the Orders Tab

Navigate to your active orders.

Step 2: Locate the Order

Find the Limit Order you wish to remove.

Step 3: Cancel the Order

Click the X next to the order.

The order will immediately be removed from the market.


Monitoring Active Orders

You can monitor all pending Limit Orders through:

  • Orders Tab

  • Trading Panel

  • Active Orders Section

Regularly reviewing pending orders helps ensure they still align with your trading plan.


Best Practices

Before submitting a Limit Order:

✓ Verify the selected instrument.

✓ Double-check your entry price.

✓ Confirm the contract quantity.

✓ Consider adding a Stop Loss and Take Profit.

✓ Review the order details before confirming.

Remember that Limit Orders only execute if the market reaches your specified price.


Need Assistance?

If you have questions about placing, modifying, or canceling Limit Orders in TradingView, please contact the AquaFutures Support Team for assistance.

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