How Do I Set Stop Loss Orders in MT4 Charts?
How Do I Set Stop Loss Orders on MT4 Charts?
How Do You Set Stop Loss Orders When Opening Orders in MT4
To place Stop Loss when opening a new order in MetaTrader 4 platform use the procedure explained below:
Set Stop Loss When Opening New Order in Tools Menu in MT4 Platform Software
To open a new trade order to buy/sell a trade use tools menu within MetaTrader 4 Software as shown below.
The New order button for opening a new trade is portrayed below. (MetaTrader 4 Short Cut Keys 'F9')
How Do You Place Stop Loss Orders in MetaTrader 4 Charts?
Once you select the new order button as illustrated above the following trade order popup will appear & as a trader you'll use this trade order popup to set the Stop Loss Level for your new trade.
This popup includes the settings for placing a new trade order as well as the settings for setting Stop Loss Zone.
How Do You Place Stop Loss Orders in MT4 Charts?
The Following Stop Loss Order Setting are specified for placing a new Stop Loss trading order:
Stop Loss - Set Stop Loss, This option can be set after opening the trade, or for pending orders
Open the Buy or Sell Trade by Clicking the Following Button:- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at ruling price and open a new trade order choose Buy by Market order button
To Sell at ruling price and open a new trade order choose Sell by Market order button
After opening the new trades use Stop Loss Window Above to Set SL order for the New Order
You can also get this panel so as to modify an already open buy or sell trade - To find this order panel for a buy trade, right-click in the opened buy or sell trade, then after that you click on the 'Modify Order' after you click on the modify order button the above trading order settings button key will popup and you can then set Stop Loss Order using the guide explained above.
How Do I Place Stop Loss Orders on MT4 Charts?
