Trade Forex Trading

How Do I Place Orders on MT4 Charts?

How Do You Place Orders in MetaTrader 4 Charts?

To set a new forex order in MetaTrader 4 platform use the procedure explained below:

Place New Order in Tools Menu in Meta Trader 4 Platform

A new order to buy or sell a trade can be found on the tools panel menu within the MT4 Software as illustrated below. New order button for opening a new trade is portrayed below. (MT4 Short Cut Keys 'F9')

How Do You Set Orders in Meta Trader 4 Charts?

How Do I Place Orders on MT4 Charts?

Placing a New Order

Once you choose the new forex order button as shown above the following forex trade order popup panel will pop up.

This popup includes the settings for placing a new forex trade order.

How Do You Set Orders in Meta Trader 4 Charts? - How to Set Orders in Meta Trader 4 Charts

How Do You Place Orders in MetaTrader 4 Charts?

The Following Order Setting are specified for setting up a new forex trade 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 a trade, or for pending orders
  4. TP - Set Take Profit, This option can be set after opening a trade, or for pending orders
  5. Type: Market Execution or Pending Order
  6. Sell by Market - Open a Sell Trade
  7. Buy by Market - Open a Buy Trade

To Buy at current fx price & open a new fx order choose Buy by Market order button

To Sell at current fx price & open a new fx order select Sell by Market order button

How Do I Place Orders in Meta Trader 4 Charts?