How Do I Set Commodities Trading Orders on MT4 Software?
How to Set Commodities Orders in MT4 Software
How to Set New Order in Tools Menu on MT4 Software
To set new order to buy or sell a trade can be found on the MT4 tools menu found within the MT4 Platform. The Button key for placing a new trade order is illustrated below. (Key board Short-Cut Keys 'F9')
How to Set New Order in Tools Menu in MT4 Software
Placing a New Commodities Order
As a commodity trader, once you select the new order button as illustrated and shown above the following popup window will appear. This popup includes all the settings for placing a new trade order.
Placing a New Order - How to Place Orders MT4 Commodity Trading Software
Following Order Setting are specified for setting and placing a new order:
- Symbol - Specify the instrument to be traded - commodity.
- Volume - The Number of Lots to be transacted
- Stop Loss Commodities Order - Set StopLoss Commodity Order, This option can be set after opening the trade, or for pending commodity orders
- Take Profit Commodities Order - Set Take Profit Commodity Order, This option can be set after opening the trade, or for pending commodity orders
- Type: Market Execution Commodity Trading Order or Pending Commodity Trading Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current commodities trading price hit the Buy by Market button key
To Sell at current commodities trading price hit the Sell by Market button key
