What's Buy Stop Stock Order in MetaTrader 4?
The example explained below explains how to set a buy stop order on the MetaTrader 4 software.
A buy stop order is an order to buy indices at a price that's above the existing market price.
Setting Buy Stop Stock Orders in MetaTrader 4 Software
- Open a Indices Indices Chart
- Right Click on Chart to open the Trade "Order" Window Panel
- On the Trade Order Panel, Select Pending Order as shown below
- Select Pending order Type as Buy Stop Stock Order as Show below
- After selecting Buy Stop Stock Order - Click "Place" Order & specify the buy stop stock price level where the order will be opened
Indices Set a Buy Stop Stock Order in MetaTrader 4?
What's a Trade Plan? - Written Plan Example Template
Alternatives: Automated EA Trading or Copy and Paste Signals
