Entry Stop Indices Orders Indices Orders

These are stock orders to buy above the stock market or to sell below the stock trading market.

• Buy Stop Stock Indices Order An order to buy at a level above the stock market price.

• Sell Stop Indices Order An order to sell at a level below the stock market price.

Buy Entry & Sell Entry Indices Orders

These stock orders are also known as pending stock orders. These pending stock orders are used by traders wanting to trade a setup like the consolidation pattern but they do not want to wait & watch the stock prices all day long until there's a indices price breakout. Therefore, traders will set these pending stock orders above & below stock price & a indices price break out in any of these direction will execute one of these pending stock orders & a buy indices trade or a sell trade will automatically be opened.

Buy Stop Stock Indices Order

In the indices trading examples below a buy stop order was placed to buy at a level above the current market indices price.

The stock price then went up to hit the buy stop pending order, and afterward price continued to move upwards.

How to Place a Pending Indices Order Buy Stop Indices Order in MetaTrader 4

How to Place a Pending Indices Order Buy Stop Indices Order in MetaTrader 4

A Buy indices trade was generated from the above order when the stock price broke a resistance line in the first example & when there was an upward price break out after a market consolidation pattern.

Sell Stop Indices Order

In the stock trading example explained and illustrated below a sell stop order was set to sell at a level below the current market indices price.

The stock price then went down to hit the sell stop order, & afterward the downwards stock price move continued

How to Place a Pending Indices Order Sell Stop Indices Order in MetaTrader 4

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 order after support line is broken after a consolidation trading pattern.

How to tell the difference between stop Stock Indices orders & 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 & practice setting these orders on a Practice Demo Account.

How to Place a Pending Stock Indices Order in MT4 Software

Open a Trading Chart, Right-Click on Chart, Choose New Order, then Follow the steps below

Step1: Select Pending market order as illustrated & 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