Trading Oil Set a Sell Stop Crude Oil Trading Order in MT4

The example explained below explains how to set a sell stop oil order in MetaTrader 4 platform.

A sell stop oil order is an order to sell oil at a oil price that is below the existing market oil price.

Setting Sell Stop Crude Oil Orders on MetaTrader 4 Software

1. Open a Oil Trading Oil Trading Chart
2. Right-Click on Chart to open the Trade 'Order' Window
3. On the Trade Order Panel, Choose Pending Oil Order as shown below
4. Select Pending order Type as Sell Stop Crude Oil Order as Show below
5. After selecting Sell Stop Crude Oil Trading Order - Click 'Place' Order & specify the sell stop crude oil price level where the order will be opened

Set a Sell Order on MetaTrader 4 Software?