How Do You Place a Forex Trading Buy Limit Order on MetaTrader 4 Platform?

How Do You Place a Forex Trading Buy Limit Order on MetaTrader 4 Platform?

To set a Buy Limit forex order in MetaTrader 4 Platform - Use the "New Forex Order" window panel in MetaTrader 4 platform "Tools" menu.

Place New Forex Order in Tools Menu in MetaTrader 4 Software

A new FX order to buy or sell a trade can be found on the tools popup menu within the MT4 Platform. The Button key for placing a new forex trade is displayed below. (MetaTrader 4 Short Cut Keys "F9")

How Do You Place a Forex Trading Buy Limit Order on MetaTrader 4 Software?

How Do You Open a Buy Limit Trade on MT4?

As a forex trader, once you select the new forex order button key as illustrated above the following popup window will appear. This pop up includes settings for placing a new forex trade.

How Do You Place a Forex Buy Limit Order on MT4 Software?

Select the forex instrument that you want to set a Buy Limit order for - then open it's forex chart & from the forex chart set the Buy Limit Order using the Buy Limit forex order setting procedure explained on this example below:

How Do You Open a Buy Limit Trade in MT4?

To set up these buy limit Forex trading orders in MetaTrader 4 platform use the following procedure:

1. Right click on chart
2. Select "Trading" Option on the Menu
3. Then Choose "New" Order Option on the Popup widow that pops up
4. Then on the trade setup pop up window panel that appears (illustrated below), under label "Type" choose the option of "Pending Order" instead of "market execution" order
5. Under pending order options choose the pending order type: for This trade choose "Buy Limit" so as to place a pending buy limit order & after that specify the forex price at which you want the buy entry limit order executed.

How Do You Place a Forex Trading Buy Limit Order on MT4 Software?

How Do You Place a Forex Trading Buy Limit Order on MetaTrader 4 Software?