If your “Type of Order” setting says “Good till today including SL/TP”, then orders that are valid only during one trading day.

With the end of the day, all of the Stop Loss and Take Profit levels, as well as pending orders are deleted.

All orders that were not executed yet will be cancelled though, all existing open positions will stay as it is.

For your information, there are 3 different “type of orders” available on MT5 which are

  • Good till canceled
  • Good till today excluding SL/TP
  • Good till today including SL/TP

It is the default setting of your MT5 platform, and you cannot change this setting.

But this setting can be changed form your broker’s side.

This “type of order” is normally kept unchanged while trading.

You should be notified of this trading condition when you open a trading account.

*If you like to check what “type of order” is used on your trading account, please right click on “Market Watch” window and select “symbol”. Then you can see the full trading conditions of the selected symbol.

For the list of MT4 and MT5 brokers, please visit the page below.

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