Indices Trading Set Buy Stop Indices Order and Sell Stop Indices Order in MT4

Buy Stop Indices Order and Sell Stop Indices Order MetaTrader 4 Pending Indices Orders

Setting Buy and Sell Stop Indices Orders in MT4 Platform

Open a indices trading Indices Trading Chart - Right Click on Indices Chart, Select New Order, then Follow the steps below:

Step1: Select Pending order as illustrated and 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 Pending Indices Orders in MT4

Entry Stop Orders Indices Orders

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

• Buy Stop Stock Indices OrderAn order to buy at a level above the stock indices trading market indices trading price.

• Sell Stop Indices OrderAn order to sell at a level below the stock indices trading market indices trading price.

Buy Entry & Sell Entry Stock Indices Order - Pending Indices Orders

These pending stock indices orders are used by traders wanting to trade a setup like consolidation stock indices chart pattern but they do not want to wait & watch the indices trading prices all day long until there is a indices trading price break-out. Therefore traders will set these pending stock indices orders above & below stock indices trading price & a break out in any of these direction will execute one of these pending stock indices orders and a buy indices trade or a sell index trading will automatically be opened & executed.

Buy Stop Stock Indices Order

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

The stock indices trading price then went up to hit the order, & afterward stock indices price continued to move upward.

Buy Stop Indices Order Pending Order

Placing Buy Stop Indices Order in a Indices Trading Breakout - Buy Stop Indices Order Pending Order

A Buy trade was generated from the above pending indices order when the stock indices trading price broke a resistance line in the first examples & when there was an upwards breakout after a stock indices market consolidation.

Sell Stop Indices Order

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

The stock indices trading price then went downward to hit the order, and afterward the downward move continued

Sell Stop Indices Order Pending Order

Pending Sell Order Set in a Indices Price Break-out - Sell Stop Indices Order Pending Order

A Sell trade was generated from the above sell stop order after support line is broken after consolidation stock indices trading chart pattern.