Place Buy Stop and Sell Stop Orders for BTCUSD on MT4 Platform
Trade Bitcoin with buy stop and sell stop orders on MT4
How to Set Buy and Sell Stop Orders for Bitcoin in MT4
Open a bitcoin crypto trading BTC/USD Crypto Chart - Right Click on the BTC/USD Crypto Chart, Select New BTC USD CryptoCurrency Order, then follow guidelines/rules:
Step1: Select Pending order just as illustrated and displayed below
Step 2: Pick the Pending Order Option Shown
Step3: Select Buy Stop Bitcoin Order or Sell Stop Crypto Order
Step 4: Press 'Open' Order.
Get insights into placing BTC/USD Buy Stop and Sell Stop cryptocurrency orders on MetaTrader 4's trading platform.
Pending Stop BTCUSD Orders Bitcoin Orders
These are pending btcusd crypto trading orders to buy above the bitcoin currency market or to sell below the btcusd crypto currency market.
- Buy Stop BTC/USD Crypto Order An order to open a buy position at a level that is above the btcusd cryptocurrency trading market bitcoin crypto price.
- Sell Stop Bitcoin Order An order to open a sell trade at a level below the btcusd cryptocurrency trading market bitcoin crypto price.
How can you set up a Buy Stop BTC/USD CryptoCurrency Order and a Sell Stop Bitcoin Crypto Currency Order on the MT4 Platform for Bitcoin Trading?
These pending crypto trading orders are used by the online traders wanting to trade a setup like the consolidation pattern but they don't want to wait and watch the btcusd crypto prices all day long until there a bitcoin price breakout. Therefore bitcoin traders will set these pending cryptocurrency orders above & below btcusd crypto price & a break-out in any of these directions will open one of these pending cryptocurrency orders and a buy bitcoin trade or a sell btcusd cryptocurrency trade will be automatically opened.
Buy Stop BTC USD Crypto Order
In the examples set-out below a buy stop bitcoin order was placed to open buy at a level above current market bitcoin price.
When executing a purchase, the bitcoin entry stop order is triggered when the BTCUSD cryptocurrency market ascends and reaches the specified buy stop price.
BTCUSD Crypto Currency Trading Set Buy Stop Bitcoin Order & Sell Stop CryptoCurrency Order in MetaTrader 4 Platform Software?
How Do You Trade BTCUSD & Set Buy Stop Crypto Order & Sell Stop BTC/USD CryptoCurrency Order in the MT4 Platform?
A Buy trade was generated from above pending bitcoin order when the btcusd crypto price broke a resistance line in the first example illustration & when there was an upwards break out after a btcusd market consolidation.
Sell Stop BTC/USD CryptoCurrency Order
In the trading example presented here, a sell stop order for btcusd cryptocurrency was set to begin selling at a price lower than the current bitcoin price.
Subsequently, the Bitcoin price declined to trigger the order, and the downward trajectory sustained its course of movement.
How Do You Trade BTCUSD CryptoCurrency & Set Buy Stop Bitcoin Order & Sell Stop BTC/USD Crypto Order on MetaTrader 4 Platform Software?
How Can I Trade Crypto & How to Put in a Buy Stop Order for BTC/USD CryptoCurrency and a Sell Stop Crypto Order on MetaTrader 4?
A Sell trade signal was generated from the above pending sell stop bitcoin crypto order after the support level is broken after a consolidation bitcoin chart pattern.
Set Buy Stop Bitcoin Order & Sell Stop Bitcoin Order on the MT4?
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