How to Modify an Order in MetaTrader

Learn to edit open positions and pending orders: change the entry price, stop-loss, take-profit and manage multiple positions simultaneously.

Modifying an Open Position

To change the SL or TP of an already open position:

Method 1: Double-click in the Terminal

1. Go to the Terminal panel (Ctrl+T) → Trade tab
2. Double-click the position you want to modify
3. The order window will open showing the current values
4. Update the Stop Loss and/or Take Profit fields
5. Click "Modify" to confirm

Method 2: Right-click in the Terminal

1. Right-click the position in the Terminal → "Modify or Close Order"
2. In the window that appears, change the SL and TP values
3. Click "Modify"

Method 3: Drag on the Chart. As explained in the previous guide: drag the SL (red) and TP (green) lines directly on the chart to the desired new level.

Modifying a Pending Order

Pending orders (Limit, Stop) can be modified before they are triggered:

1. In the Terminal → Trade tab, pending orders appear with a different background from open positions
2. Double-click the pending order or right-click → "Modify or Close Order"
3. You can change the activation price, the stop-loss and the take-profit
4. You can also set an expiry date and time
5. Click "Modify" to save the changes

Common Errors When Modifying

• Error: "Invalid Stop Loss". The SL is too close to the current price. Brokers require a minimum distance (stop level). Move the SL further from the current price.
• Error: "Modification not allowed". This occurs during high volatility (e.g. news releases). The market is moving quickly and the broker may temporarily reject modifications. Try again in a moment.

Educational content only. Does not constitute financial or investment advice. Trading involves risk of loss; past results do not guarantee future results.