How Do I Use Sell Limit Bitcoin Order on MetaTrader 4 Software?
How Do I Trade BTCUSD and Use Sell Limit Bitcoin Order on MetaTrader 4 Software?
The example illustrated below explains how to set a sell limit bitcoin order in MetaTrader 4 software.
A sell limit bitcoin order is an order to sell a cryptocurrency at a better bitcoin trading price after the btcusd trading market bitcoin trading price has retraced.
Setting Sell Limit BTCUSD Orders on MetaTrader 4 Platform
To set up these sell limit bitcoin orders in MetaTrader 4 platform use the following procedure:
- Right click on bitcoin chart
- Choose "Trading" Option on the Menu
- Then Select "New" Order Option on the Pop-up widow that pops up
- Then on the trade setup popup panel that pops up (illustrated below), under the label "Type" choose the option of "Pending Bitcoin Order" instead of "market execution" order
- Under the pending cryptocurrency trading order options select the pending cryptocurrency order type: for This trade choose "Sell Limit BTCUSD Order" so as to place a pending sell limit bitcoin order and after which specify the bitcoin price at which you want the sell entry limit bitcoin order executed.
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