How Do I Set Oil Orders on MetaTrader 4 Oil Trading Charts?
How Do I Trade Oil Trading and Set Oil Orders on MetaTrader 4 Oil Trading Charts?
To set a new oil order on MT4 software use step by step tutorial described below:
Place New Oil Trading Order in Tools Menu on MetaTrader 4 Platform
A new oil order to buy or sell a trade can be found on the tools menu that is within the MetaTrader 4 Platform as illustrated below. New oil order button for placing a new crude oil trade is displayed below. (MetaTrader 4 Key board Short-Cut Keys 'F9')
How Do You Set Oil Orders on MetaTrader 4 Oil Trading Charts?
Placing a New Crude Oil Trading Order
Once you select the new oil order button key as illustrated above the following oil order popup window panel will appear.
This popup includes the settings for placing a new oil trading order.
How Do You Trade Oil Trading and Set Oil Orders on MetaTrader 4 Oil Trading Charts?
The Following Order Settings are specified for placing & setting a new oil trading order:
- Quote - Specify the instrument to be traded - oil.
- 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 the pending oil trading orders
- Take Profit Crude Oil Trade Order - Set Take Profit Oil Trading Order, This option can be set after opening trade, or for the pending oil trading orders
- Type: Market Execution or Pending Oil Trading Order
- Sell by Market - Open a Sell Oil Trade
- Buy by Market - Open a Buy Oil 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
How Do You Trade Oil Trading and Set Oil Orders on MetaTrader 4 Oil Trading Charts
