Trade Set a Buy Stop Order on MT4

Trading XAUUSD Set a Buy Stop Order on MT4

The example displayed below explains how to set a buy stop order in MetaTrader 4 platform.

A buy stop order is an order to open buy xauusd at a price that's above the existing market price.

Placing Buy Stop Orders on MetaTrader 4 Software

1. Open a Gold Chart
2. Right Click on the Chart to open the Trade 'Order' Window Panel
3. On the Trade Order Panel, Choose Pending Order as shown below
4. Choose Pending order Type as Buy Stop Order as Show below
5. After choosing Buy Stop Order - Click 'Place' Order and specify the buy stop price point where the order will be opened

Trade Set a Buy Stop Order on MT4

Interpret & Set Buy Stop Order on MT4