How Do I in Commodity Trading Set a Buy Limit Commodities Trade Order on MetaTrader 4 Platform?
The example illustrated and explained below explains how to set a buy limit commodity order on MT4 platform.
A buy limit commodity order is an order to buy a commodities at a better commodities price after the commodities market price has retraced.
Setting Buy Limit Commodity Orders in MetaTrader 4 Software
To set up these buy limit commodities trading orders on MT4 software use following procedure:
- Right click on commodities trading chart
- Choose "Trading" Option on the Menu
- Then Choose "New" Order Option on the Pop-up widow that appears
- Then on the trade setup pop up panel that pops up (illustrated below), under label "Type" select option of "Pending Commodity Trading Order" instead of "market execution" trade order
- Under the pending commodity order options select the pending commodity order type: For This trade choose "Buy Limit Commodity Trading Order" so as to set a pending buy limit commodity order & after which specify the commodities price at which you want the buy entry limit commodity order executed.
Placing Buy Limit Commodities Orders in MetaTrader 4 Software - How Do I in Commodity Trading Set a Buy Limit Commodities Trade Order in MT4 Platform?
