What Order and Execution types are there on MetaTrader?

On the MetaTrader platfrom you can choose from Market Execution and Pending Order. 

Market Execution orders are opened at the current market price. You can open a Buy Order if you expect that the price will rise or a Sell Order if you expect that the price will fall. 

Learn how to open a Buy and Sell order. 

Pending Orders orders are set up by the trader to open at a later time when certain conditions are met. For example, you can set up the pending order to open a Buy Order when the price rises to a certain quote or vice versa you want to open a Sell Order when the price drops to a certain quote.

There are several different pending order options:

Learn how to open a Buy Limit and Sell Limit order 

Learn how to open a Buy Stop and Sell Stop order

Learn how to open a Buy Stop Limit and Sell Stop Limit order