How Do I Set Orders on MetaTrader 4? - Set Orders on MT4
How to Set Orders in Meta Trader 4 - MetaTrader 4 Forex Platform Basics Explained
How to Set New Order in Tools Menu in MetaTrader 4
To set new order to buy or sell a trade can be found on the MT4 tools menu within the MT4 Platform. The Button for opening a new trade order is shown below. ( Short Cut Keys "F9")
How to Set New Order in Tools Menu on MT4
Placing a New Order - How to Place Orders MT4 Forex Platform
As a trader, once you choose the new order button as shown above the following pop up panel will appear. This pop-up panel includes the settings for opening a new trade.
Placing a New Order - How to Place Orders MT4 Forex Software
The Following Order Setting are specified for setting up a new order:
- Symbol - Specify the forex pair to be traded.
- Volume - The Number of Lots to be transacted
- Stop Loss - Set Stop Loss, This option can be set after opening a trade, or for pending orders
- TP - Set Take Profit, This option can be set after opening a trade transaction, or for pending orders
- Type: Market Execution Order or Pending Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current price hit Buy by Market button key
To Sell at current price hit Sell by Market button key