How Do I in Commodity Trading Set a Buy Limit Commodities Order in MT4 Platform?
The example shown below explains how to set a buy limit order on MT4 platform.
A buy limit order is an order to buy commodity at a better commodity price after the commodities trading market commodity price has retraced.
Setting Buy Limit Commodity Trading Orders in MetaTrader 4 Platform
To set up these buy limit pending orders in the MT4 software use the following explained procedure:
- Right click on commodity chart
- Select 'Trading' Option on the Menu
- Then Choose 'New' Order Option on the Pop-up widow that pops up
- Then on the trade setup pop up window panel that pops up (illustrated below), under label 'Type' choose the option of "Pending Commodity Order" instead of 'market execution' order
- Under the pending commodities trading order options select the pending commodity order type: For This trade choose 'Buy Limit Commodity Order' so that to place a pending buy limit pending order and after this specify the commodity price at which you want the buy entry limit commodity trading order executed.
How Do I in Commodity Trading Set a Buy Limit Commodities Order in MetaTrader 4 Software?
