Set Stop Loss Bitcoin Order MT4 iPhone App
How to Set SL on MT4 iPhone App
A stop loss bitcoin order is an order used in bitcoin trading to close an open trade if the trade moves against the trader's position by a certain number of pips.
Once the stop loss cryptocurrency trading order is set at a specified level, this crypto stop loss cryptocurrency order will automatically close-out the open bitcoin trade once the bitcoin trading price gets to this stop loss cryptocurrency order bitcoin price level. Stop-loss order is used in bitcoin trading money management so that to prevent further losses if a bitcoin trade position is going against the direction of the trader's open trade position.
Set Stop Loss Bitcoin Order Setting When Opening New Order in Tools Menu in MT4 iPhone App
To open a new cryptocurrency trading order - buy or sell btcusd trading use the tools pop up menu within the MetaTrader 4 BTCUSD Trading Software as shown below.
The New order button for placing a new btcusd trade is as illustrated below.
Set Stop Loss Crypto Order MT4 iPhone App
Once you select the new order button as illustrated and shown above the following bitcoin trade order pop up window will pop-up & as a trader you can use this trade order popup window to set the StopLoss Bitcoin Order Level for your new bitcoin trade.
This pop-up includes the settings for placing a new bitcoin trade order as well as settings for setting StopLoss Bitcoin Order Level.
Set Stop Loss Bitcoin Order in MT4 iPhone App
Following Stop Loss Bitcoin Order Setting are specified for placing a new Stop Loss Bitcoin Order:
Bitcoin Trading Stop Loss Cryptocurrency Order - Set Stop Loss Bitcoin Order, This option can be set after opening the trade, or for pending bitcoin orders
Open the Buy or Sell Trade by Clicking the Following Buttons:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current bitcoin price & open a new cryptocurrency order choose the Buy by Market crypto order button
To Sell at current bitcoin price & open a new cryptocurrency order choose the Sell by Market crypto order button
After you open the new cryptocurrency trades use the Stop Loss Bitcoin Order Window Above to Set The Stop Loss Bitcoin Order for the New Bitcoin Order
You can also get this window so that to modify an already open buy or sell bitcoin trade - To find and get this order window panel for a buy bitcoin trade, right click in opened buy or sell bitcoin trade, then after that you click the 'Modify Order' after you click on modify order button key the above trading order settings button key will pop up and appear & you can set the Stop Loss Bitcoin Order using the procedure described above.
