Trade Stock Indices

How to Place Take Profit Stock Indices Order in MetaTrader 4

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

Stock Indices TP orders are orders used to automatically close open stock trades in MT4 software. Stock Indices TP orders are used by stock traders to help secure stock indices profits & close open stock transactions once these stock trade transactions heads in direction of traders' position by a specific number of stock indices pips in stock indices profit.

TP orders can be placed when executing new stock trades & TakeProfit orders can also be set for already opened stock trades.

How to Place Stock Indices TP Orders When Executing New Indices Trades

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

For a buy trade the stock indices TP order is placed above the price quote you want to buy at & for a sell trade the stock indices TP order is placed below the price quote you want to sell at.

How to Place Stock Indices TP Orders for Open Indices Trades

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

  1. Right click stocks trade order and choose Modify Order
  2. Choose TP Field
  3. Specify the Take-Profit level for the trade
  4. Click the Modify Order Button Key

How Do I Place Take Profit Stock Indices Order on MT4

Learn More Lessons:

Forex Trading Seminar Gala

Forex Trading Seminar

Stock Index Broker