Interpret Buy & Sell Commodities Orders on MetaTrader 4 Commodities Trading Charts
Commodity Trade Buy & Sell Commodities Orders on MetaTrader 4 Commodity Trading Charts
To open a buy or a sell commodity trade in MetaTrader 4 platform - open the Market Watch Window, Select the Commodity Trading Quote you want to open a Commodity Trade with, open the chart of the commodity symbol by double clicking on the commodity price quote, then from the chart open a buy or sell commodity trade using the MT4 order window shown below:
Place New Commodities Trading Order on Tools Menu in MetaTrader 4 Platform
A new buy or sell order to buy or sell a commodities instrument can be found on the tools popup menu within the MT4 Commodity Trading Platform. The "New Commodities Trading Order" button for placing a new trade transaction on the MT4 platform is shown below. (MT4 ShortCut "F9")
Commodity Trading Interpret Buy & Sell Commodities Orders on MetaTrader 4 Commodity Trading Charts?
Buy or Sell Commodity Order on MetaTrader 4 Platform
As a commodity trader, once you select the new commodity order button key as illustrated above the following trade order window popup will appear. This pop up includes settings for placing a new commodity trade.
Select Buy to open a Buy Commodity Trade
Choose Sell to open a Sell Commodity Trade
Commodity Trading Interpret Buy & Sell Commodities Orders on MetaTrader 4 Commodity Trading Charts?
Following Settings are specified for setting up and placing a new commodity order:
- Symbol - Specify the instrument to be traded - commodity.
- Volume - The Number of Lots to be transacted
- Stop Loss Commodities Order - Set Stop Loss Commodity Trading Order, This option can also be set up after opening the trade, or for a pending commodity trading orders
- Take Profit Commodities Trading Order - Set Take Profit Commodity Trading Order, This option can also be set up after opening the trade, or for a pending commodity trading orders
- Type: Market Execution or Pending Commodity Trading Order
- Sell by Market - Open a Sell Commodity Trade
- Buy by Market - Open a Buy Commodity Trade
To Buy at current commodity price choose Buy by Market button
To Sell at current commodity price select Sell by Market button
Trade Buy & Sell Commodities Orders on MetaTrader 4 Commodity Trading Charts
