What is “Good till today excluding SL/TP” order type on MT4 and MT5 trading platforms?

If the type of order available for your trading account is “Good till today excluding SL/TP”, then all pending orders are deleted at the end of a trading day for the relevant tradings, while Stop Loss and Take Profit levels are preserved.

All open positions are also kept untouched with this condition.

There are 3 “types of orders” available on MT5 which are:

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

You can check which order type is applicable for your order by right clicking on “Market Watch” window and select “Symbols”.

The standard type of order among many Fores brokers is the “Good till canceled”.

If the “type of order” is specified as “Good till canceled”, then all your orders including orders will be kept active until you manually cancel them.

*This “type of order” setting cannot be changed by trader’s side, but it can be modified only from your broker’s side.

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

List of Forex Brokers