Trading Oil Open a Buy Limit Crude Oil Trading Order on MT4
To set a Buy Limit Crude Oil Trading Order on the MT4 Platform - Use 'New Order' window in MT4 software 'Tools' menu.
How to Place a New Crude Oil Trading Order in Tools Menu in MetaTrader 4 Software
A new oil order to buy or sell a trade can be found on the tools menu that is within the MT4 Platform. Button key for placing a new crude oil trade is displayed and shown below. (Keyboard Short Cut Keys 'F9')
Trading Oil Open a Buy Limit Crude Oil Trading Order to Trade Oil Trading on MT4 Platform
As a oil trader, once you select the new order button key as displayed above the following pop up panel will appear. This pop up panel includes the settings for placing a new trade.
Select the instrument you want to set a Buy Limit Oil Order for - then open it's oil chart and from the oil chart set the Buy Limit Oil Trading Order using the Buy Limit Oil Trading Order setting procedure explained on this example explained below:
Trading Crude Oil Open a Buy Limit Oil Trade Order on MetaTrader 4 Software
To set up these buy limit oil orders in MetaTrader 4 software use following step by step procedure:
- Right click on oil chart
- Choose 'Trading' Option on the Menu
- Then Choose 'New' Order Option on the Pop-up widow that pops up
- Then on the trade setup pop up panel that appears (illustrated below), under the label 'Type' choose the option of "Pending Oil Order" instead of 'market execution' order
- Under the pending crude oil trading order options select the pending oil order type: For This trade choose "Buy Limit Oil Trading Order" so as to place a pending buy limit oil order & after that specify the crude oil price at which you want the buy entry limit oil trading order executed.
Trading Oil Open a Buy Limit Crude Oil Order on MetaTrader 4
