How to Set Take Profit on MT4 iPhone App - How to Place Take Profit Order in MetaTrader 4 iPhone App
Take Profit orders are forex orders used to close open forex trades at a profit - takeprofit orders are used to take profit & close an open trade once the specified take-profit level specified by a trader is reached.
Forex Take profit orders automatically close forex trades at a profit once the set take-profit level is reached on forex chart.
Set Take Profit When Opening New Order in Tools Menu on MT4 iPhone App
To open a new forex order to buy or sell a trade use tools menu within MT4 iPhone App as shown below.
The New order button key for placing a new FX trade is displayed below. ( Short Cut Keys "F9")
How to Set Take Profit on MT4 iPhone App - How to Set Take Profit When Opening Forex Orders in MetaTrader 4 iPhone App
Once you choose the new order button as illustrated above the following forex trade order pop up will appear & as a trader you'll use this trade order pop up to set the Take Profit Level for your new forex trade.
This pop up includes settings for placing a new forex trade order as well as settings for setting Take Profit Level.
How to Set Forex Take Profit Orders in MT4 iPhone App - Set Take Profit Order in MetaTrader 4 iPhone App
The Following Take Profit Order Setting are specified for placing a new take profit forex trading order:
Forex Take Profit Order - Set Take Profit Order, This option can be set after opening trade, or for pending orders
Open the Buy or Sell Trade by Clicking the Following Button Keys:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Forex Trade
To Buy at current price & open a new forex order select Buy by Market forex order button
To Sell at current price & open a new forex order select Sell by Market forex order button
After opening the new trades use Take Profit Window Above to Set TP order for the New Forex Order.
You can also get this window so that to modify an already open buy or sell trade - To get this order window panel for a buy trade, right click on the opened buy forex trade or sell forex trade, then after that you click on "Modify Order" after you click modify order button the above trading order settings button will popup and you can set Take Profit Order using method explained above.
