type of order ( instant execution / pending order ) and Stop loss .. Take profit

[antoined]

Hello,

How will be traded an order at "instant execution" with a SL and TP ( stop loss and Take profit )

can you explain how it will be done ? what Take profit value is useful for ? in both case BUY and SELL

thanks for the explanation of How it works in META TRADER,

Regards

Antoined

[Bogdan Caramalac]

Both TP and SL are order automatisms, that tell the server to close that specific order when one of the targets is touched. 

Beyond this, the purpose of having SLs and TPs is your job. Only you know why and how much to set these, they are part of your strategy.