How Do I Set a Pending Order on MetaTrader 4 Platform Software
How Do I Interpret MT4 Pending Orders on MetaTrader 4?
MetaTrader 4 Pending orders are used in xauusd to buy or sell xauusd at a different price than that of current price.
There are four types of MetaTrader 4 xauusd pending trade orders:
Traders can use MT4 order panel to choose any of these pending window as displayed in MetaTrader 4 order window example shown below:
A Menu of Pending Orders in MetaTrader 4 Software
To Set a pending order at another price, Change the order execution type of order on the order trade panel 'Type' selection from 'Market Execution' to 'Pending Order" as illustrated below.
A menu list of MetaTrader 4 pending orders will appear and show the following options.
- Buy Limit Order
- Sell Limit Order
- Buy Stop Order
- Sell Stop Order
These options for MetaTrader 4 pending trade orders are displayed below:
How Do I Interpret MT4 Pending Orders on MT4
To learn what MT4 pending orders are read the tutorials:
Once you select the type of MetaTrader 4 xauusd pending order to set: then click the 'Place' button as shown on the above MT4 pending order screenshot to complete the MT4 pending order trade setup.
How Do I Interpret Gold MT4 Pending Orders on MT4?
