What is a Sell Limit CFDs Order in MT4?
The examples explained below explains how to set a sell limit order in MetaTrader 4 platform.
A sell limit order is an order to sell a cfds at a better cfd price after the cfds market price has retraced.
Setting Sell Limit CFD Orders on MT4 Software
To set these sell limit pending orders in MetaTrader 4 platform use the following procedure explained:
- Right click on cfds trading chart
- Choose 'Trading' Option on the Menu
- Then Choose 'New' Order Option on the Popup widow that appears
- Then on the trade setup pop up panel that appears (illustrated below), under label 'Type' select option of "Pending CFD Order" instead of 'market execution' trade order
- Under the pending cfd order options select the pending cfd order type: For This trade choose "Sell Limit CFD Order" so as to set a pending sell limit order & after that specify the cfd price at which you want the sell entry limit cfd order executed.
Set a Sell Limit CFDs Order in MetaTrader 4
