How Do You Set a Sell Stop Order in MetaTrader 4 Platform?

How Do You Set a Sell Stop Order on MT4 Software?

The example below explains how to set a sell stop order in MT4.

A sell stop is an order to open sell a instrument at a price that is below the existing market price.

Setting Sell Stop Orders on MT4 Platform

1. Open a FX Trading Chart
2. Right Click on Chart to open the Trade 'Order' Window Panel
3. On the Trade Order Panel, Select Pending Order as illustrated below
4. Select Pending order Type as Sell Stop as Show below
5. After choosing Sell Stop - Click the 'Place' Order and specify the sell stop price point where the order will be executed

How Do You Set a Trade Sell Stop Order on MT4 Platform?

How Do You Set a Sell Stop Order in MT4 Platform?