How Do I Set Indices Pending Trading Orders in MT4?

How Do I Trade Indices and Set Indices Pending Orders in MT4?

There are two types of indices trading pending orders:

These are Limit orders & Stop orders as described below:

Limit Indices Orders on MetaTrader 4

To set up these limit stock indices orders in MetaTrader 4 platform use the following procedure:

1. Right click on indices trading chart
2. Choose "Trading" Option on the Menu
3. Then Choose "New" Order Option on the Popup widow that pops up
4. Then on the trade setup pop up window panel that appears (illustrated below), under label "Type" choose the option of "Pending Indices Order" instead of "market execution" order
5. Under the pending stock indices order options select the pending stock indices order type: for This trade choose "Buy Limit Indices Order" or "Sell Limit Stock Indices Order" so as to set a pending limit indices order

How to Set Indices Pending Trading Orders in MetaTrader 4?

Stop Indices Orders on MetaTrader 4

1. Open a Indices Trading Indices Trading Chart
2. Right-Click on Chart to open the Trade "Order" Window
3. On the Trade Order Panel, Choose Pending Indices Order as shown below
4. Choose Pending Order Type as Buy Stop or Sell Stop Stock Indices Order as Shown below
5. After selecting Buy Stop Indices Order or Sell Stop Stock Indices Order - Click "Place" Order & specify the sell stop stock indices price level where the order will be opened

How Do You Trade Indices and Set Indices Pending Trading Orders in MetaTrader 4?

How Do You Set Indices Pending Trading Orders in MT4