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How Do I Set Commodities Orders in MetaTrader 4 Platform?

How to Set Commodities Orders in MetaTrader 4 Software

To set a new commodity order on the MT4 software use step by step procedure explained below:

Place New Order in Tools Menu in MetaTrader 4 Software

A new commodity order to buy or sell a trade can be found on the tools menu found within the MT4 Commodity Trading Software as illustrated below. New order button key for placing a new commodity trade is shown below. (Keyboard ShortCut Keys "F9")

How to Set Commodities Orders Order in MT4 Platform

How to Set Commodity Trading Orders Order on MT4 Platform

Placing a New Commodities Order

Once you select the new order button as illustrated and illustrated above the following commodities trading order pop up window panel will pop-up.

This popup includes settings for placing a new commodity trade order.

How to Set Commodities Orders Order in MT4 Platform

How to Set Commodities Orders in MetaTrader 4 Platform

Following Order Settings are specified for setting and placing a new commodities trade order:

  1. Quote - Specify the instrument to be traded - commodity.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss Commodities Order - Set StopLoss Commodity Order, This option can be set after opening the trade, or for pending commodity orders
  4. Take Profit Commodities Trade Order - Set TakeProfit Commodity Order, This option can be set after opening the trade, or for pending commodity orders
  5. Type: Market Execution or Pending Commodity Trading Order
  6. Sell by Market - Open a Sell Trade
  7. Buy by Market - Open a Buy Trade

To Buy at current commodities price & open new commodity order choose Buy by Market commodity order button

To Sell at current commodities price & open new commodity order choose Sell by Market commodity order button

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