How Do You Set Gold Orders on MetaTrader 4?
How to Set Gold Orders on MetaTrader 4
How to Set New Order on Tools Menu on MetaTrader 4
To set new order to buy or sell a trade can be found on the MT4 tools menu that is found in the MetaTrader 4 Platform. Button for placing a new trade order is shown below. (Short-Cut Key-board Keys 'F9')
How to Set New Order on Tools Menu on MetaTrader 4
Placing a New XAUUSD Order
As a xauusd trader, once you select the new order button key as illustrated above the following popup window will appear. This popup includes all the settings for placing a new trade order.
Placing a New Order - How to Place Orders MetaTrader 4 XAUUSD Platform
The Following Order Settings are specified for setting a new order:
- Quote - Specify the instrument to be traded - xauusd.
- Volume - The Number of Lots to be transacted
- Stop Loss Gold Order - Set Stop Loss XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
- Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
- Type: Market Execution Gold Order or Pending XAUUSD Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current gold price hit Buy by Market button
To Sell at current gold trading price hit Sell by Market button key
