How to Set and change the cfd order type execution from 'Market Execution' to "Pending CFD Order"
First open order menu as shown below:
To get the order window on the MT4 platform: The New order button key for placing a new cfds trade is illustrated below. (Short-Cut Key-board Keys 'F9')
How to Change CFD Order Types on Orders Panel on MT4?
Once you select the new order button as illustrated above the following cfd trade order popup window will appear and as a trader you will use this trade order popup to change order execution type from 'Market Execution' to 'Pending CFD Order".
This pop up includes settings for placing a new cfd trade order as well as settings for setting Stop Loss CFD Order Level.
How to Set & change the cfd order type execution from 'Market Execution' to "Pending CFD Order"
A Menu of Pending CFD Orders is then displayed as shown below
To Set a pending cfd order at another cfd price, Change the order panel 'Type' option from 'Market Execution' to 'Pending CFD Order" as shown below.
A menu list of pending cfds trading orders will appear & show the following options.
- Buy Limit CFD Order
- Sell Limit CFD Order
- Buy Stop CFDs Order
- Sell Stop CFDs Order
These options for pending cfd orders are shown below:
Trading CFD Change Order Type from Market Order to Pending CFDs Order in MT4?
To learn how to set up these pending cfd orders read the articles:
Setting up Buy Limit CFDs Order & Sell Limit Order CFD Pending CFDs Orders on MetaTrader 4
Setting up Buy Stop CFDs Order & Sell Stop Order CFD Pending CFDs Orders on MetaTrader 4
Once you choose the type of pending cfd order to set: then click the 'Place' button key as illustrated and shown on the above screenshot to complete the pending cfd order trade setup.
