How Do You Set Gold Orders on MT4?
How to Set Gold Orders on MT4
To set a new xauusd order on MT4 platform use the procedure described below:
Place a New XAUUSD Order on Tools Menu on MT4 Software
A new xauusd order to buy or sell a trade can be found on the tools menu that is found in the MetaTrader 4 Platform as illustrated below. The New order button key for placing a new xauusd trade is illustrated below. (ShortCut Keyboard Keys "F9")
How to Set XAUUSD Orders Order on MetaTrader 4
Placing a New XAUUSD Order
Once you choose the new order button as shown and illustrated above the following gold order popup window will appear.
This pop-up includes settings for placing a new xauusd trade order.
How to Set Gold Orders in MetaTrader 4
The Following Order Setting are specified for setting a new gold trade 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 trade, or for pending xauusd orders
- Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening trade, or for pending xauusd orders
- Type: Market Execution or Pending XAUUSD Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current gold price & open new xauusd order choose the Buy by Market xauusd order button
To Sell at current gold price & open new xauusd order choose the Sell by Market xauusd order button
