What are Stock Pending Orders?
Pending orders are used in stocks to buy or sell a stock at a different stocks price than that of the current stocks price.
There are 4 types of pending orders:
Traders can use the MT4 stocks order window panel to select any of these pending window as shown on the MT4 order window example illustrated and explained below:
A Menu of Pending Stock Orders in MT4 Platform
To Set a pending stocks order at another stocks price, Change the execution type of the stocks order on the order trading window "Type" option from "Market Execution" to "Pending Stocks Order" as shown below.
A menu list of stocks pending stock orders will popup and show the following options.
- Buy Limit Stocks Order
- Sell Limit Stocks Order
- Buy Stop Stock Order
- Sell Stop Stocks Order
These options for pending stocks orders are shown below:
What are Stocks Pending Stock Orders in MetaTrader 4?
To learn how to what pending stocks orders are read the articles:
Setting up Buy Limit Stock Order & Sell Limit Order Stocks Pending Stock Orders in MT4
Setting up Buy Stop Stock Order & Sell Stop Order Stocks Pending Stock Orders in MT4
Once you choose the type of pending stocks order to set: then click "Place" button key as shown and illustrated on the above screen shot to complete the pending stocks order trade setup.
