Entry Stop Indices Orders Indices Orders
These are stock indices orders to buy above the stock indices trading market or to sell below the stock indices trading market.
- Buy Stop Indices OrderAn order to buy at a level above the stock indices trading market indices price.
- Sell Stop Indices OrderAn order to sell at a level below the stock indices trading market indices price.
Buy Entry and Sell Entry Indices Orders
These stock indices orders are also known as pending stock indices orders. These pending stock indices orders are used by traders wanting to trade a setup like the consolidation stock indices chart pattern but they do not want to wait and watch the stock indices prices all day long until there is a indices price breakout. Therefore, indices traders will set these pending stock indices orders above and below the stock indices price and a indices price breakout in any of these direction will execute one of these pending stock indices orders and a buy indices trade or a sell indices trade will automatically be opened.
Buy Stop Indices Order
In the indices trading examples below a buy stop indices order was placed to buy at a level above the current market indices price.
The stock indices price then went up to hit the buy stop indices order, and afterwards stock indices price continued to move upwards.
How to Place a Pending Indices Order Buy Stop Indices Order on MT4
How to Place a Pending Indices Order Buy Stop Indices Order on MT4
A Buy indices trade was generated from the above order when the stock indices price broke a resistance line in the first example and when there was an upward stock indices price breakout after a market consolidation pattern.
Sell Stop Indices Order
In the stock indices trading example explained and illustrated below a sell stop indices order was placed to sell at a level below the current market indices price.
The stock indices price then went down to hit the sell stop indices order, and afterwards the downwards stock indices price move continued
How to Place a Pending Indices Order Sell Stop Indices Order on MT4
Pending Sell Order Set in a Indices Price Breakout - How to Place a Pending Indices Order Sell Stop Indices Order in MetaTrader 4
A Sell indices trade was generated from the above sell stop indices order after support line is broken after a consolidation stock indices chart pattern.
How to differentiate between stop stock indices orders and limit indices orders
It is easier to first of all remember one concept. The easier concept is that of Stop Indices Orders are set above and below the indices price.
In the mean time Download MT4 platform and practice setting these orders on a Practice Demo Account.
How to Place a Pending Indices Order in MetaTrader 4
Open a Trading Chart, Right Click on the indices Chart, Select New Order, then Follow the steps below
Step1: Select Pending order as shown below
Step2: Select Pending order Menu as Show below
Step3: Select Buy Stop Indices Order or Sell Stop Indices Order
Step4: Click "Place" Order
Steps to Setting These Pending Indices Orders on MT4 - How to Place a Pending Indices Order in MetaTrader 4
Regulated Indices Broker Information: Read About Regulated Indices Broker Review
Takes 5 Minutes to Open an Account, Open an Account Early: Open Indices Account
