How to Put Take Profit Order in Meta Trader 4 Android App

Take Profit Orders are orders used to close open stock trades at a profit - take-profit orders are used to take profit and close an open trade once the specified take profit level specified by a trader is reached.

Indices Take profit orders automatically close stock trades at a profit once the set takeprofit level is reached on chart.

Set Take Profit Order When Opening New Order on Tools Menu on Meta Trader 4 Android App

To open a new order to buy or sell a trade use the tools popup menu within the MT4 Android App as shown below.

The New order button for placing a new trade is displayed below. (Short-Cut Key-board Keys 'F9')

How to Put Take Profit Order on Meta Trader 4 Android App - How to Set Take Profit Order When Opening Orders on Meta Trader 4 Android App

Once you have selected new order button as illustrated above following trade order panel popup will appear & you as the trader can use this trade order window popup to set the Take Profit Order Level for your new trade.

This pop-up includes the settings for placing a new trade order as well as settings for setting Take Profit Order Level.

Set Take Profit Order in Meta Trader 4 Android App

Following Take Profit Order Setting are specified for placing a new take profit trade order:

Take Profit Stock Order - Set Take Profit Order, This option can be set after opening trade, or for pending orders

Open the Buy or Sell Trade by Clicking the Following Buttons:

1. Sell by Market - Open a Sell Trade
2. 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

After opening the new trades use Take Profit Order Panel Above to Set the Take-Profit order for the New Order.

You can also get this window so that to modify an already open buy or sell trade - To get this order window panel for a buy trade, right click on the opened buy trade or sell trade, then after that you click the 'Modify Order' button key after you click on modify order button the above order settings button key will popup and appear and you can set Take Profit Order using the procedure explained above.