How to Set and change the oil trading order type execution from "Market Execution" to "Pending Oil Trading Order"
First open order menu as shown below:
To get the order window on the MT4 platform: The New order button key for placing a new trade transaction is shown below. (Keyboard ShortCut Keys "F9")
How to Change Oil Trading Order Types on Trading Orders Window on MT4 Software?
Once you select the new order button as shown above the following oil trade order pop up window panel will pop-up and as a trader you can use this trade order popup to change the order type execution from "Market Execution" to "Pending Oil Trading Order".
This pop up includes the settings for placing a new oil trade order as well as settings for setting StopLoss Oil Trading Order Level.
How to Set & change the oil trading order type execution from "Market Execution" to "Pending Oil Trading Order"
A Menu of Pending Oil Trading Orders is then displayed as shown below
To Set a pending oil trading order at another oil price, Change the order window "Type" selection from "Market Execution" to "Pending Oil Trading Order" as shown below.
A menu list of oil pending oil orders will appear & show the following options.
- Buy Limit Oil Trading Order
- Sell Limit Crude Oil Trading Order
- Buy Stop Oil Trading Order
- Sell Stop Crude Oil Trading Order
These options for pending oil trading orders are shown below:
Trading Oil Change Order Type from Market Order to Pending Oil Order on MetaTrader 4 Software?
To learn how to set up these oil pending oil orders read lessons:
Setting up Buy Limit Oil Order & Sell Limit Order Pending Oil Trading Orders on MT4
Setting up Buy Stop Oil Trading Order & Sell Stop Order Pending Oil Trading Orders on MT4
Once you select the type of oil pending oil trading order to set: then tap & click the "Place" button key as shown and illustrated on the above screen-shot to complete the pending oil order trade setup.
