In MT5, a "Pending Order" allows traders to set a future trade that will be executed once a specified price level is reached.
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True. In MetaTrader 5 (MT5), a "Pending Order" allows traders to set up a future trade that will be executed once a specified price level is reached. This feature enables traders to enter the market at a specific price rather than executing a trade immediately, providing greater flexibility and strategic planning in their trading approach.