How to Set and change the commodity trading order execution type from "Market Execution" to 'Pending Commodity Trading Order"
First open order menu as shown below:
To get the order window on the MetaTrader 4 platform: The New order button for placing a new commodities trade is displayed below. (ShortCut "F9")
How to Change Commodity Trading Order Types on Trading Orders Window on MT4 Software?
Once you've selected the new order button key as illustrated above the following commodity trade order window pop up will appear & you as a trader can use this trade order pop up to change the order execution type from "Market Execution" to 'Pending Commodity Trading Order".
This pop up includes settings for placing a new commodity trade order as well as settings for setting StopLoss Commodity Trading Order Level.
How to Set & change the commodity trading order execution type from "Market Execution" to 'Pending Commodity Trading Order"
A Menu of Pending Commodity Orders is then displayed as illustrated below
To Set a pending commodity trading order at another commodity price, Change the order panel "Type" option from "Market Execution" to 'Pending Commodity Trading Order' as illustrated and shown below.
A menu list of commodity pending commodities orders will popup & show the following specified options.
- Buy Limit Commodity Trading Order
- Sell Limit Commodities Trading Order
- Buy Stop Commodity Trading Order
- Sell Stop Commodities Trading Order
These options for pending commodity orders are shown below:
Commodity Trading Change Order Type from Market Order to Pending Commodity Trading Order in MT4 Software?
To learn how to set up these pending commodity orders read lessons:
Once you select the type of pending commodity order to set: then click "Place" button key as shown on the above screenshot to complete the pending commodity order trade setup.
