How to Set Take Profit Stock Indices Order on MT4

How to Add & Modify Stock Indices Take Profit Orders on MT4

Stock Indices Take Profit orders are stock indices orders used to automatically close open stock indices trades in MetaTrader 4 software. Stock Indices Take Profit orders are used by stock indices traders to help secure stock indices profits & close open stock indices trades once these stock indices trades moves in direction of the traders' position by a specified number of stock indices pips in stock indices profit.

Take Profit orders can be set when opening new stock indices trades & Take Profit orders can also be set for already opened stock indices trades.

How to Set Stock Indices Take Profit Orders When Opening New Indices Trades

1. Open a Stock Indices trading chart for the stock indices instrument you want to trade
2. Right Click on the Stock Indices Chart
3. Select New Order button
4. Choose the Set Take Profit Option within this New Order stock indices trading window
5. Specify your Take Profit level for the stock indices trade that you want to open
6. Choose buy or sell to open a stock indices trade

For a buy stock indices trade the stock indices Take Profit order is set above the stock indices price quote you want to buy at and for a sell stock indices trade the stock indices Take Profit order is set below the stock indices price quote you want to sell at.

How to Set Stock Indices Take Profit Orders for Open Indices Trades

Select stock indices trade you want to modify from the MetaTrader 4 stock indices trade transactions window

1. Right click on the stock indices trade order & select Modify Order
2. Select Take Profit Field
3. Specify the Take Profit level for the stock indices trade
4. Click the Modify Order Button Key

How to Set Take Profit Stock Indices Order on MT4