How Do You Set Gold Pending Orders on MetaTrader 4?

How Do You Set Gold Pending Orders on MetaTrader 4?

There are two types of xauusd pending gold trading orders:

These are Limit orders & Stop orders as described below:

Limit Gold Orders in MetaTrader 4 Software

To set up these limit xauusd orders on MT4 platform use the following procedure explained:

1. Right click on xauusd chart
2. Choose "Trading" Option on the Menu
3. Then Select "New" Order Option on the Popup widow that pops up
4. Then on the trade setup popup panel that appears (illustrated below), under the label "Type" choose the option of "Pending XAUUSD Order" instead of "market execution" order
5. Under the pending xauusd order options select the pending xauusd order type: for This trade choose "Buy Limit XAUUSD Order" or "Sell Limit XAUUSD Order" so as to set a pending limit xauusd order

How Do You Set Gold Pending Orders in MT4 - How to Set Gold Pending Orders on MetaTrader 4?

Stop Gold Orders in MetaTrader 4 Software

1. Open a XAUUSD Trading XAUUSD Trading Chart
2. Right-Click on the Chart to open the Trade "Order" Window
3. On the Trade Order Window Panel, Choose Pending XAUUSD Order as shown below
4. Select Pending Order Type as Buy Stop or Sell Stop Gold Order as Shown below
5. After selecting Buy Stop XAUUSD Order or Sell Stop Gold Order - Click "Place" Order and specify the sell stop gold price level where the order will be opened

How Do You Set Gold Pending Orders on MetaTrader 4?

Analyze & Set Gold Pending Orders on MetaTrader 4?