How Do I Use Sell Limit Order in MT4 Software?
How Do You Use Sell Limit Order in MT4 Software?
The example below explains how to set a sell limit order on the MT4 trading platform.
A forex sell limit order is an order to sell a instrument at better price after the price has retraced.
Setting Sell Limit Orders in MT4
To set up these sell limit orders on the MT4 platform use the following procedure:
- Right-click on chart
- Choose 'Trading' Option on the Menu
- Then Select 'New' Order Option on Popup widow that appears
- Then on trade setup popup window that pops up (shown below), under label 'Type' choose the option of "Pending Order" instead of 'market execution'
- Under pending order options select the pending order type: for This trade choose "Sell Limit" so as to place a pending sell limit order & after which specify the price that you want the sell entry limit order executed.
How Do You Use Sell Limit Order in MetaTrader 4 Platform Software?
How Do I Use Sell Limit Order on MT4 Software?
