How Do I Take Partial Profit on MT5 Without Closing The Trade?

STEP 1: Edit Your Order

Double click on your order so you can edit it. A shortcut for this is to double click on the order line on your chart which will open up the dialogue box you see in the screenshot attached here.

When the dialogue box opens, select "Market Execution"

STEP 2: Specify lot size you want to take profit for

Input the volume or lot size you want to take partial profit for. In this example I had opened a 0.5 lot trade & wanted to take partial profit for 0.03 lots so I simply inputted 0.03 in the volume box.

Click on the "Close by Market" button to complete the action and take partial profit. Check the history of your trading account and you will see you have been credited with the partial profit.

STEP 2: Specify lot size you want to take profit for

Input the volume or lot size you want to take partial profit for. In this example I had opened a 0.5 lot trade & wanted to take partial profit for 0.03 lots so I simply inputted 0.03 in the volume box.

Click on the "Close by Market" button to complete the action and take partial profit. Check the history of your trading account and you will see you have been credited with the partial profit.

STEP 2: Specify lot size you want to take profit for

Input the volume or lot size you want to take partial profit for. In this example I had opened a 0.5 lot trade & wanted to take partial profit for 0.03 lots so I simply inputted 0.03 in the volume box.

Click on the "Close by Market" button to complete the action and take partial profit. Check the history of your trading account and you will see you have been credited with the partial profit.

I almost forgot this feature exists. I need to start taking partial profits cos the markets have been messing with me recently, well done pat !

I totally agree with you. Partial profit is a very good concept in maximizing your trades.

I don’t know cos i haven’t tried it . I don’t execute my trades on trading view

You are missing out oh, execution on TradingView is sweet. Get you a broker that has TradingView

You need to go to the active trade and double click on it to modify it. When modifying it, enter the lot size you want to take profit for, and select "market order", then click on "close" to complete the process. This procedure is for MT5. You will notice that the trade will still be active but the lot size would have been reduced and your floating profit would have been reduced too.

That's a correct and common way to partially close on MT5 👍

Instead of double-clicking, right-click the trade → “Close Order” → enter the lot size you want to close → hit Close. Same result, slightly faster for me.

How do you mean, please can you show us a screenshot of how its done?

You are missing out oh, execution on TradingView is sweet. Get you a broker that has TradingView

Does taking partial profit work on TradingView?