Trading CFD Set Buy Stop CFDs Order and Sell Stop CFDs Order on MT4 Platform

Buy Stop CFDs Order and Sell Stop CFD Order MT4 Pending CFD Orders

Setting Buy & Sell Stop CFD Orders on MT4 Platform

Open a cfds trading CFDs Chart - Right Click on the CFD Chart, Select New Order, then Follow the steps below:

Step1: Choose Pending order as illustrated and illustrated below

Step2: Choose Pending order Menu as Show below

Step3: Select Buy Stop CFD Order or Sell Stop CFDs Order

Step4: Click "Place" Order

Steps to Setting Pending CFDs Orders on MetaTrader 4

Pending CFD Orders

These are pending cfd orders to buy above the cfd market or to sell below the cfd market.

• Buy Stop CFDs OrderAn order to buy at a level above the cfd price.

• Sell Stop CFD OrderAn order to sell at a level below the cfd price.

Buy Entry & Sell Entry CFDs Order - CFD Pending Orders

These pending cfd orders are used by traders wanting to trade a setup like consolidation pattern but they do not want to wait & watch the cfd prices all day long until there is a cfd price break-out. Therefore traders will set these pending cfd orders above and below cfd price & a break out in any of these direction will execute one of these pending cfd orders and a buy cfd trade or a sell cfds trade will automatically be executed and opened.

Buy Stop CFDs Order

In the examples shown below a buy stop pending order was placed to buy at a level above the current market cfd price.

The cfd price then went up to hit the order, and afterwards cfd price continued to move upwards.

Setting Buy Stop CFD Order above Resistance Level - Buy Stop CFD Order Pending Order

Setting Buy Stop CFDs Order in a CFD Breakout - Buy Stop CFD Order Pending Order

A Buy trade was generated from the above pending cfd order when the price broke a resistance line in the first example and when there was an upward break-out after a cfd market consolidation.

Sell Stop CFDs Order

In the cfd example explained and illustrated below a sell stop order was placed to sell at a level below the current market cfd price.

The cfd price then went down to hit the order, and afterward the downwards move continued

Sell Stop CFD Order Pending Order

Pending Sell Order Set in a CFD Price Break-out - Sell Stop CFD Order Pending Order

A Sell trade was generated from the above sell stop pending order after a support line is broken after consolidation trading pattern.