Pending Indices Trading Orders on the MT4 Indices Trading Platform
Pending orders are used in indices trading to buy or sell indices at a different stock indexes price than that of the current indices price.
There are four types of indices pending stock indices orders:
Buy Limit Indices Trading Order
Buy Stop Indices Trading Order
Sell Limit Indices Trading Order
Sell Stop Indices Trading 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 Trading Orders on the MT4 Indices Trading Platform
To Set a pending indices trading 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 Trading Order” as shown below.
A menu list of indices pending stock indices orders will appear and show the following options.
- Buy Limit Indices Trading Order
- Sell Limit Indices Trading Order
- Buy Stop Indices Trading Order
- Sell Stop Indices Trading Order
These options for pending stock indices orders are shown below:
What are Pending Indices Trading Orders on MT4?
To learn how to what indices pending stock indices orders are read the articles:
Setting up Buy Stop Indices Trading Order and Sell Stop Order Pending Indices Trading 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.
