Trade Forex Trading

Trading Open Sell Limit Order Trade on MT4

To place a Sell Limit Order in the MT4 Platform - Use the "New Order" panel in the MT4 software "Tools" menu.

Place a New Order on Tools Menu on MetaTrader 4 Platform

A new order to buy/sell a trade can be found on the tools menu that's found in the MetaTrader 4 Platform. The Button for opening a new trade is highlighted below. (Short-Cut Key Board Keys "F9")

Trading Open Sell Limit Order Trade in MT4 - How Do I Trade Sell Limit Order on MetaTrader 4?

Placing a New Trade Order

As a trader, once you choose the new order button as shown above the following popup window will appear. This pop-up includes all the settings for opening a new trade order.

Trading Open Sell Limit Order Trade in MetaTrader 4 - How to Trade a Sell Limit Order on MetaTrader 4

Select the instrument which you want to set a Sell Limit Order for - then open it is chart & from the chart set the Sell Limit Order using the Sell Limit Order setting procedure explained on this example shown below:

Trading Open Sell Limit Order Trade on MT4 Software

To set up these sell limit pending orders in the MetaTrader 4 software use the following procedure explained:

  1. Right-click on chart
  2. Select "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" select the option of "Pending Order" instead of "market execution" order
  5. Under pending order options choose the pending order type: for This trade select "Sell Limit Order" so as to place a pending sell limit order and after that specify the price that you want the sell entry limit order executed.

How to Trade a Sell Limit Order in MT4 - What is Sell Limit Order on MT4 Platform?

Trading Open Sell Limit Order Trade in MT4 - Open Sell Limit Order on MT4