How Do You Use Sell Limit Gold Order in MetaTrader 4?
How Do You Use Sell Limit Gold Order on MetaTrader 4 Software?
The example illustrated and shown below explains how to set a sell limit pending order in MetaTrader 4 platform.
A sell limit order is an order to sell xauusd at a better price after the gold market price has retraced.
Setting Sell Limit XAUUSD Orders on MT4 Software
To set up these sell limit pending orders in the MetaTrader 4 software use the following procedure explained:
- Right click on xauusd chart
- Choose "Trading" Option on the Menu
- Then Select "New" Order Option on the Popup widow that pops up
- 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
- Under the pending xauusd order options select the pending xauusd order type: for This trade choose "Sell Limit XAUUSD Order" so as to place a pending sell limit order & after that specify the gold price at which you want the sell entry limit xauusd order executed.
How Do You Use Sell Limit Gold Order in MT4 XAUUSD
Interpret and Use Sell Limit Gold Order on XAUUSD MT4 Trading Platform?
