How to open a trading position automatically

Creating new pending order

Trading on IQ Option platform you can open positions automatically. This can be very helpful if you trade using tools like for example support levels. In the menu on the right-hand side just below the sell button click on the ‘Purchase at…' button.

'Purchase at...' button
‘Purchase at…' button

You can either choose the current market price of an asset which is set by default or by clicking on the plus or minus buttons indicate any other value at which you feel comfortable to have the position opened automatically.

Adjusting price level for pending order
Adjusting price level for pending order

After setting the price of an asset for automatic opening of the position click buy or sell to indicate the direction of a new position. Depending on the direction of a new position, you will see a green dotted line for buy or a red dotted line for sell.

That will be indicating the opening price level. Once the price reaches the indicated level the position also called pending order will be opened automatically.

Pending orders on the charts
Pending orders on the charts

Modifying pending orders on IQ Option platform

In order to modify the pending order at IQ Option, mouse over the pending position on the chart, click on the settings button and change the available parameters.

Editing pending order
Editing pending order

If you wish to cancel your order. Click on the ‘X' button located next to the settings button. If you would like to disable the automatic opening feature simply click on the close X button.

We wish you a great trading experience.

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Bart Bregman

Fulltime Day trading, and help Iq option wiki in my spare time to build an awesome platform to help beginners out there. #digital nomad, traveling all over the world.

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