What are MT4 Pending Commodity Trading Orders?

There are two types of pending orders:

These are Limit orders & Stop orders as explained below:

Limit Commodities Orders in MT4 Platform

To set up these limit commodity orders in MetaTrader 4 software use the following explained procedure:

1. Right click on commodity chart
2. Select 'Trading' Option on the Menu
3. Then Choose 'New' Order Option on the Pop-up widow that pops up
4. 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
5. Under the pending commodities trading order options select the pending commodity order type: For This trade choose 'Buy Limit Commodity Trading Order' or 'Sell Limit Commodity Trading Order' so that to place a pending limit commodity trading order

Commodity Trading Set Pending Limit Commodity Orders on MT4 Software?

Stop Commodities Orders in MT4 Platform

1. Open a Commodity Trading Commodity Trading Chart
2. Right Click on Chart to open the Trade 'Order' Window
3. On the Trade Order Panel, Choose Pending Commodity Order as illustrated below
4. Choose Pending Order Type asBuy Stop or Sell Stop Commodities Trading Order as Shown below
5. After selecting Buy Stop Commodity Trading Order or Sell Stop Commodities Trading Order - Click 'Place' Order & specify the sell stop commodity price level where the order will be opened

Commodity Trading Set a Pending Stop Commodity Order in MetaTrader 4 Software?