Pending Indices Orders on the MT4 Platform

Pending orders are used in indices trading to buy or sell indices at a different stock indices price than that of the current indices price.

There are four types of indices pending stock indices orders:

Buy Limit Indices Order

Buy Stop Indices Order

Sell Limit Indices Order

Sell Stop Indices Order

Traders can use the MT4 stock indices order window to choose any of these pending windows as shown on the MetaTrader 4 order window example explained and illustrated below:

A Menu of Pending Indices Orders on the MT4 Platform

To Set a pending indices order at another indices price, Change the execution type of the indices order on the order trading window "Type" option from "Market Execution" to "Pending Indices Order" as shown below.

A menu list of indices pending stock indices orders will appear and show the following options.

1. Buy Limit Indices Order
2. Sell Limit Indices Order
3. Buy Stop Indices Order
4. Sell Stop Indices Order

These options for pending stock indices orders are shown below:

What are Pending Indices Orders on MT4?

To learn how to what indices pending stock indices orders are read the articles:

Setting up Buy Limit Indices Order and Sell Limit Order Pending Indices Orders on MT4

Setting up Buy Stop Indices Order and Sell Stop Order Pending Indices Orders on MT4

Once you select the type of indices pending stock indices order to set; then click the "Place" button as shown on the above screenshot to complete the pending stock indices order trade setup.