How Do You Set Gold Pending Orders in MetaTrader 4 Online?

How Do You Set Gold Pending Orders on MT4?

There are two types of xauusd pending gold trade orders:

These are Limit orders & Stop orders as explained below:

Limit Gold Orders on MT4

To set up these limit xauusd orders on MT4 software use the following procedure described:

1. Right click on xauusd chart
2. Choose '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 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 Gold Order" so as to set a pending limit xauusd order

How Do You Set Gold Pending Orders in MetaTrader 4

Stop Gold Orders on MT4

1. Open a XAUUSD XAUUSD Trading Chart
2. Right-Click on Chart to open the Trade 'Order' Window
3. On the Trade Order 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 & specify the sell stop gold price level where the order will be opened

How Do You Set Gold Pending Orders in MetaTrader 4?

Interpret & Set Gold Pending Orders on XAUUSD MT4 Trading Software?