Trading Oil Set Stop Loss Crude Oil Orders on MT4 Software
MetaTrader 4 Crude Oil Trading Charts SL Oil Trading Order
How to Set Stop Loss Oil Trading Orders When Opening Oil Orders in MT4
To set Stop Loss Oil Order when opening a new oil order in MetaTrader 4 software use step by step tutorial described below:
Set Stop Loss Crude Oil Trading Order When Opening New Order in Tools Menu in MetaTrader 4 Platform
To open a new oil order to buy or sell a trade use the tools menu that is within the MT4 Oil Trading Platform as shown below.
The New order button key for placing a new crude oil trade is displayed and shown below. (Keyboard Short Cut Keys 'F9')
How to Set Stop Loss Oil Trading Order When Opening Oil Orders in MetaTrader 4
Once you choose the new order button as illustrated above the following oil trade order popup window panel will appear & as a trader you can use this trade order pop up window panel to set the Stop Loss Oil Trading Order Level for your new oil trade.
This popup includes the settings for placing a new oil trade order as well as settings for setting Stop Loss Oil Trading Order Level.
Set SL Order on MT4
The Following Stop Loss Oil Order Settings are specified for placing & setting a new Stop Loss Oil Trading Order:
Stop Loss Crude Oil Order - Set StopLoss Oil Trading Order, This option can be set after opening trade, or for the pending oil trading orders
Open the Buy or Sell Trade by Clicking on the Following Button Keys:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current crude oil price & open new oil order select the Buy by Market oil order button
To Sell at current crude oil price & open new oil order select the Sell by Market oil order button
After you open the new trades use the StopLoss Oil Order Window Above to Set The SL order for New Oil Trading Order
You can also get this panel in order to modify an already open buy or sell oil trade - To get this order window panel for a buy oil trade, right click on the opened buy or sell oil trade, then after that click 'Modify Order' after you click modify order button key the above trading order settings button key will appear & you can then set the Stop Loss Oil Order using the step by step procedure explained above.
