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