What is a Buy Stop Stock Indices Order in MetaTrader 4?
The example explained and illustrated below explains how to set a buy stop indices order on the MT4 platform.
A buy stop indices order is an order to buy indices at a indices price that is above the existing market indices price.
Setting Buy Stop Indices Orders on MT4
- Open a Indices Trading Chart
- Right Click on the Chart to open the Trade "Order" Window
- On the Trade Order Window, Select Pending Indices Order as shown below
- Select Pending order Type as Buy Stop Indices Order as Show below
- After selecting Buy Stop Stock Indices Order - Click "Place" Order and specify the buy stop stock indices price level where the order will be opened
Indices Trading Set a Buy Stop Stock Indices Order on MetaTrader 4?