How to Set Stop Loss and Take Profit for Bitcoin on MT4

How to Set a Bitcoin Take Profit Order & Bitcoin Stop Loss Order in MT4 - How to Set Bitcoin Stop Loss and Take Profit on MetaTrader 4 Mobile App

Place Take-Profit on BTCUSD Trades in MT4

MetaTrader 4 Take-Profit CryptoCurrency Order

Guidelines for Establishing Take Profit Bitcoin Orders When Initiating Bitcoin Cryptocurrency Trades on the MT4 Software

To place TP Bitcoin Order when opening a new crypto order in MT4 software use the step by step method shown:

Setting a Take Profit Order for BTCUSD When Placing a New Order via the Tools Menu in the MT4 Platform

To buy or sell bitcoin crypto on MT4, open the Tools menu window in the MT4 Bitcoin Crypto software, as shown below.

The New Order button, which is shown below, initiates fresh trade. (Key-board Keys: 'F9')

How to Place Take Profit Crypto Order When Opening Orders in MT4 Platform Software

Once you select new order button just as is illustrated above the following bitcoin trade order pop-up window will pop up and as a btc/usd trader you can use this order popup panel to set Take Profit Bitcoin Order Area for your new bitcoin trade.

This pop-up includes the settings for placing a new btcusd crypto trading order and also the parameters for setting and placing TP Order BTC USD CryptoCurrency Order Level.

Place TP Bitcoin Order in MetaTrader 4 Platform

The following settings for Take Profit BTC/USD Crypto Orders are given in order to place a new bitcoin cryptocurrency trading tp order:

Take Profit - Set TP Bitcoin Order, This option can be set/put after opening the trade transaction, or for pending bitcoin orders

Open Buy/Sell Trade by Clicking the Following Buttons:

Sell by Market - Open Sell Trade
Buy by Market - Open Buy Trade

To Buy at ruling bitcoin price & open new order select and choose the Buy by Market order button

To sell instantly at the current bitcoin market price and open a fresh order, select and click the Sell by Market order button.

After starting new trades, use the TP Bitcoin Order Panel shown above to set up and put in place the TP Bitcoin Order for the new trade.

To modify an open buy or sell Bitcoin trade in MetaTrader 4, simply right-click on the active trade for BTC/USD. From the context menu, select 'Modify Order.' This action will bring up the order modification window, where you can easily set your Take Profit level, following the step-by-step method outlined previously.

Trading Bitcoin Set Stop Loss BTCUSD Orders on MT4 Platform

MT4 Stop Loss Order BTC USD CryptoCurrency Order

How to Set Stop Loss Orders for Bitcoin When Placing Orders on the MT4 Platform

To place Stop Loss Bitcoin Order when opening a new crypto order in MT4 software use the step-by-step method/technique illustrated:

How to Set Stop Loss for Bitcoin Orders in Tools Menu on MetaTrader 4 Platform

To submit a new order to buy or sell, utilize the 'Tools Menu Window' within the MT4 BTC USD Crypto Software interface, precisely as demonstrated below.

The New Order button, which is shown below, initiates fresh trade. (Key-board Keys: 'F9')

How to Set Stop Loss Crypto Order When Opening Orders in MT4 Platform

Once you select new order button such as shown above the following bitcoin trade order pop-up window will pop up and as a bitcoin trader you can use this order popup window panel to set StopLoss Bitcoin Order Area for your new bitcoin trade.

This pop up includes the settings for registering and opening a new bitcoin crypto order as well as the settings for setting and placing StopLoss BTCUSD Order Level.

Place Stop Loss Bitcoin Order on the MT4 Platform

Following Stop Loss BTC/USD Crypto Order Settings are specified for placing a new Stop Loss Bitcoin Order:

Bitcoin Stop Loss Order - Set StopLoss Bitcoin Order, This one can be set after opening and placing the trade, or for pending bitcoin orders

Open Buy/Sell Trade by Clicking the Following Buttons:

Sell by Market - Open a Sell BTCUSD Crypto Trade
Buy by Market - Open a Buy BTC/USD CryptoCurrency Trade

To purchase Bitcoin at its current trading value, select 'Buy by Market' when initiating a new order process.

Therefore, to conduct a trade using 1 Cent Lot with a leverage ratio of 20:1, one must divide the 100 Units of the base currency by the leverage factor (20:1), resulting in a value of $5 USD.

After you open the new trade transactions use the Stop Loss Bitcoin Order Panel Window Above to Place The Stop Loss Bitcoin Order for the New Bitcoin Order

You also can get this panel window so that to modify an open buy or sell bitcoin trade - To find and get this order panel for a buy btcusd crypto trade, right-click on opened buy or sell bitcoin cryptocurrency trade, then after that you click 'Modify Order' after you click on modify order button key the above order settings button will pop-up & appear and you can set StopLoss Bitcoin CryptoCurrency Order using the method/technique described above.

Access More Courses and Guides:

Trade Bitcoin Trading