Trade Stock Indices

How to Set and change the order type execution from "Market Execution" to "Pending Indices Order"

First open order menu as shown below:

To get the order window on the MetaTrader 4 platform: The New order button for placing a new trade is displayed and illustrated & shown below. (Short Cut Keyboard Keys "F9")

How to Change Indices Order Types on Orders Window Panel on MetaTrader 4?

Once you have selected new order button as illustrated above following trade order window pop up will appear and you as a trader can use this trade order pop up to change order execution type from "Market Execution" to 'Pending Indices Order".

This popup includes the settings for placing a new trade order as well as settings for setting Stop Loss Indices Order Level.

How to Set and change order type execution from "Market Execution" to "Pending Indices Order"

A Menu of Pending Stock Orders is then highligthed as pictured below

To Set a pending order at another price, Change the order panel "Type" option from "Market Execution" to 'Pending Indices Order" as pictured below.

A menu list of pending orders will appear & show the following options.

1. Buy Limit Indices Order
2. Sell Limit Indices Order
3. Buy Stop Stock Order
4. Sell Stop Indices Order

The options for pending orders are pictured below:

Indices Change Order Type from Market Order to Pending Indices Order in MetaTrader 4?

To learn how to set up these pending orders read the articles:

Setting up Buy Limit Indices Order & Sell Limit Order Pending Indices Orders in MT4

Setting up Buy Stop Indices Order & Sell Stop Order Pending Indices Orders in MT4

Once you select the type of pending order to set: then click "Place" button key as shown on above screenshot to complete pending order trade setup.