What is Sell Limit on MT4? - What is Sell Limit Order on MetaTrader 4?

Sell Limit Order on MetaTrader 4

What is Sell Limit on MT4? - What is Sell Limit Order on MT4?

Setting Sell Limit Orders on MetaTrader 4

To set up these sell limit Forex trading orders on MT4 platform use the following procedure:

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