How Do You Set Orders in Meta Trader 4?
How to Set Orders on MetaTrader 4
To set a new order in MetaTrader 4 platform use the step by step guide described below:
Place New Stock Order on Tools Menu on Meta Trader 4 Software
A new order to buy or sell a trade can be found on the tools menu within the MT4 Platform as illustrated below. New order button for placing a new trade is displayed below. (Short-Cut Key board Keys 'F9')
How to Put Orders Order on Meta Trader 4
Placing a New Order
Once you have selected new order button as illustrated above following order popup window will appear.
This pop-up includes the settings for placing a new trade order.
How to Put Orders on Meta Trader 4
Following Order Setting are specified for setting up & placing a new trade order:
- Quote - Specify the instrument to be traded.
- Volume - The Number of Lots to be transacted
- Stop Loss Stock Order - Set Stop Loss Order, This option can be set after opening trade, or for pending orders
- Take Profit Stock Order - Set Take Profit Order, This option can be set after opening trade, or for pending orders
- Type: Market Execution or Pending Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current price and open a new order select Buy by Market order button
To Sell at current price and open a new order choose Sell by Market order button
What's a Trade Plan? - Written Plan Example Template
Alternatives: Automated EA Trading or Copy and Paste Signals
