Trade Forex Trading

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 Do I Set Orders in MT4 and Types of Orders in Meta Trader 4 Explained?

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.

How to Place New Order - How Do I Place Orders MT4 Platform? - How to Set Orders on MT4

Placing a New Order - How to Place Orders MT4 Forex Software

The Following Order Setting are specified for setting up a new order:

  1. Symbol - Specify the forex pair to be traded.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss - Set Stop Loss, This option can be set after opening a trade, or for pending orders
  4. TP - Set Take Profit, This option can be set after opening a trade transaction, or for pending orders
  5. Type: Market Execution Order or Pending Order
  6. Sell by Market - Open a Sell Trade
  7. 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