Trade Forex Trading

How Do I Set a Forex Order in MT4 Software?

How Do You Set a Forex Order on MT4 Software?

How Do You Set New Forex Order in Tools Menu on MetaTrader 4

To set new order to buy/sell a trade can be found on MT4 tools menu within the MT4 Platform. The Button for opening new order is illustrated below. (MetaTrader 4 Short Cut Keys 'F9')

How to Set Forex Order on MT4 - How to Set Forex Order on MT4 - How Do I Set a Forex Order on MetaTrader 4?

How Do You Set a Forex Order on MT4 Software?

How Do You Place Forex Orders MetaTrader 4?

As a trader, once you select the new order button as illustrated above the following pop up panel will pop up. This pop up window includes settings for opening a new trade.

How Do I Set Forex Order in MetaTrader 4? - How Do I Set a Forex Order in MT4?

How Do I Set a FX Order in MT4 Software?

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

  1. Symbol - Specify the forex instrument 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 the trade, or for pending orders
  4. Take Profit - Set Take Profit, This option can be set after opening the trade, or for pending orders
  5. Type: Market Execution Order or Pending Order
  6. Sell by MarketOpen a Sell Trade
  7. Buy by MarketOpen a Buy Trade

To Buy at ruling fx price hit Buy by Market button key

To Sell at ruling forex price hit Sell by Market button key

How Do You Set a Forex Order on MT4 Software?