Pending Indices Orders on the MT4 Software
Pending orders are used in indices 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 orders:
Traders can use MetaTrader 4 order panel to choose any of these pending window panels as shown in the MetaTrader 4 order window examples explained and illustrated below:
A Menu of Pending Indices Orders in the MetaTrader 4 Software
To Set a pending order at another indices price, Change the execution type of the order on the order window 'Type' option from 'Market Execution' to "Pending Indices Order" as pictured below.
A menu list of indices pending orders will appear & show the following options.
- Buy Limit Indices Order
- Sell Limit Indices Order
- Buy Stop Stock Indices Order
- Sell Stop Indices Order
The options for pending orders are pictured below:
What are Pending Indices Orders in MT4?
To learn how to what indices pending orders are read the courses:
Setting up Buy Limit Indices Order & Sell Limit Order Pending Indices Orders on MT4
Setting up Buy Stop Indices Order & Sell Stop Order Pending Indices Orders on MT4
Once you select the type of indices pending stock trade order to set it: then choose & click the 'Place' button key as illustrated on the above screen-shot to complete the pending order trade setup.
What's a Trade Plan? - Written Plan Example Template
Alternatives: Automated EA Trading or Copy and Paste Signals
