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")
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.
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:
- Right-click on chart
- Select "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" select the option of "Pending Order" instead of "market execution" order
- 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.
Trading Open Sell Limit Order Trade in MT4 - Open Sell Limit Order on MT4