What is Sell Stop CFDs Order in MT4?

The examples explained below explains how to set a sell stop order on MT4 software.

A sell stop pending order is an order to sell a cfds at a cfd price that's below the existing market cfd price.

Setting Sell Stop CFD Orders on MT4 Software

1. Open a CFDs CFDs Trading Chart
2. Right Click on the Chart to open the Trade "Order" Window Panel
3. On the Trade Order Window Panel, Select Pending CFD Order as shown below
4. Select Pending order Type as Sell Stop CFD Order as Show below
5. After selecting Sell Stop CFDs Order - Click "Place" Order and specify the sell stop cfd price level where the order will be opened

Set a Sell Order on MT4 Software?