Trade Bitcoin Trading

How Do You Read Buy & Sell Orders in MetaTrader 4 Charts?

Bitcoin Trade Buy & Sell Orders in MT4 Bitcoin Charts

To open a buy or a sell bitcoin trade in the MT4 software - open the MarketWatch Window, Select the Bitcoin Crypto Currency Symbol you as a trader want to open a Bitcoin Trade with, open the btcusd chart of the symbol by double clicking on the bitcoin price quote, then from the btcusd chart open a bitcoin buy or sell bitcoin trade using the MT4 order window pictured below:

Set New Order in the Tools Menu on MetaTrader 4 Software Platform

A new buy or sell order to buy or sell a btcusd instrument can be found in the tools menu within MetaTrader 4 Crypto Software. The "New Order" button for opening new trade in the MT4 software is illustrated below. (MetaTrader 4 Short Cut key board Keys 'F9')

How to Read and Analyze Buy & Sell Orders on MetaTrader 4 Charts

How Do I Read Buy & Sell Orders in MT4 Crypto Charts

Buy or Sell BTCUSD Trading Order on MetaTrader 4 Software Platform

As a btcusd crypto trader, once you select the new bitcoin order button as is illustrated and shown above the following trade order popup window will then appear. This pop-up includes the settings for registering and opening a new position.

Select Buy to open a Buy CryptoCurrency Trade

Select Sell to open a Sell Bitcoin Trade

How Do I Read Buy & Sell Orders in MT4 Charts?

How Do I Read Buy & Sell Orders in MT4 Crypto Charts

Following Settings are specified for setting up & placing a new bitcoin trade order:

  1. Symbol - Specify the trading instrument to be traded - btcusd crypto.
  2. Volume - Number of Lots to be traded
  3. Stop Loss Order - Set Stop Loss Crypto Order, This option can be set after opening a trade, or for pending btcusd crypto orders
  4. TP Order - Set Take Profit BTC/USD CryptoCurrency Order, This option can be set after opening a trade, or for pending bitcoin crypto orders
  5. Type: Market Execution or Pending BTCUSD CryptoCurrency Order
  6. Sell by Market - Open a Sell BTC USD Crypto Trade
  7. Buy by Market - Open a Buy BTC/USD Crypto Trade

To Buy at current btcusd crypto price choose the Buy by Market button

To Sell at current bitcoin price select the Sell by Market button

Interpret Buy & Sell Orders in MT4 Bitcoin Charts

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