How Do I Set Indices Orders on MT4?
MT4 Indices Trading Platform Basics Tutorial
How to Set New Order on Tools Menu in MT4
To set new order to buy or sell a trade can be found on the MetaTrader 4 tools menu within the MT4 Platform. The button for placing a new trade transaction order is shown below. (Short Cut Keyboard Keys "F9")
How to Set New Order on Tools Menu in MT4
How to Place Orders MT4 Indices Trading Platform
As a indices trader, once you select the new order button as illustrated above the following popup window will appear. This popup includes the settings for placing a new trade.
How to Place Orders MT4 Indices Trading Platform
The Following Order Settings are specified for placing a new order:
- Symbol - Specify the instrument to be traded.
- Volume - The Number of Lots to be transacted
- Stop Loss Stock Indices Order - Set Stop Loss Indices Order, This option can be set after opening the trade, or for pending indices orders
- Take Profit Stock Indices Order - Set Take Profit Indices Order, This option can be set after opening the trade, or for pending indices orders
- Type: Market Execution Order or Pending Indices Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current stock indices price hit the Buy by Market button
To Sell at current stock indices price hit the Sell by Market button