Commodity Trading Set Buy Stop Commodities Trade Order & Sell Stop Commodities Trade Order in MT4 Software
How to Set Buy Stop Commodities Orders & Sell Stop Commodities Orders in MetaTrader 4 Software
Setting Buy & Sell Stop Commodity Orders in MetaTrader 4 Platform
Open a commodities trading Commodity Chart - Right Click on Commodity Trading Chart, Select New Order, then Follow the steps below:
Step1: Choose Pending order as illustrated and illustrated below
Step2: Choose Pending order Menu as Show below
Step3: Select Buy Stop Commodity Trading Order or Sell Stop Commodities Trading Order
Step4: Click "Place" Order
Steps to Setting Pending Commodities Orders in MetaTrader 4 Platform
Entry Stop Commodity Trading Orders Commodity Trading Orders
These are pending commodity orders to buy above the commodities trading market or to sell below commodities trading market.
- Buy Stop Commodities Trading OrderAn order to buy at a level above commodities price.
- Sell Stop Commodity Trading OrderAn order to sell at a level below commodities price.
Buy Entry and Sell Entry Commodities Order - Commodities Pending Commodity Trading Orders
These pending commodity orders are used by commodity traders wanting to trade a set up like the consolidation commodity chart pattern but they do not want to wait & watch the commodities prices all day long until there's a commodities price break-out. Therefore traders will set these pending commodity orders above & below the commodities price and a break out in any of these direction will execute one of these pending commodity orders and a buy commodity trade or a sell commodity trading trade will automatically be opened.
Buy Stop Commodities Order
In the example below a buy stop commodity order was placed to buy at a level above the current market commodities price.
The commodities price then went up to hit the order, & afterwards commodities price continued to move upwards.
Placing Buy Stop Commodities Trading Order above Resistance Level - Buy Stop Commodity Trading Order Pending Commodity Trading Order
Placing Buy Stop Commodities Trading Order in a Commodity Trading Breakout - Buy Stop Commodity Trading Order Pending Commodity Trading Order
A Buy trade was generated from the above pending commodity order when the commodities price broke a resistance line in the first examples & when there was an upwards break out after a commodity market consolidation.
Sell Stop Commodity Trading Order
In the commodity example illustrated and explained below a sell stop commodity order was placed to sell at a level below the current market commodities price.
The commodities price then went downwards to hit the order, & afterwards the downward move continued
Setting a Sell Stop Commodity Trading Order Below a Support Level - Sell Stop Commodity Trading Order Pending Commodity Trading Order
Pending Sell Order Set in a Commodity Trading Price Break-out - Sell Stop Commodity Trading Order Pending Commodity Trading Order
A Sell trade was generated from the above pending sell stop commodity order after support line is broken after a consolidation commodities trading pattern.
