How Do I Set Oil Orders in MT4 Platform?
MT4 Oil Trading Software Basics Guide
How to Set New Order in Tools Menu in MT4
To set new order to buy or sell a trade can be found on the MT4 tools menu that is within the MT4 Platform. Button key for placing a new trade order is shown below. (Key board Short-Cut Keys "F9")
How to Set New Order in Tools Menu in MT4
How to Place Orders MT4 Crude Oil Trading Software
As a oil trader, once you select the new order button key as displayed above the following popup panel will pop-up. This pop up panel includes the settings for placing a new trade.
Placing a New Order - How to Place Orders MT4 Oil Trading Software
The Following Order Setting are specified for placing & setting a new order:
- Quote - Specify the instrument to be traded.
- Volume - The Number of Lots to be transacted
- Stop Loss Crude Oil Order - Set StopLoss Oil Trading Order, This option can be set after opening trade, or for pending oil trading orders
- Take Profit Crude Oil Order - Set Take Profit Oil Trading Order, This option can be set after opening trade, or for pending oil trading orders
- Type: Market Execution Crude Oil Order or Pending Oil Trading Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current crude oil price hit the Buy by Market button
To Sell at current crude oil price hit the Sell by Market button key
