Trade Gold Trading

How Do I Set Orders in MetaTrader 4 Platform?

How to Set Orders in the MetaTrader 4

How to Put New Order on the Tools Menu on MT4 Platform

To set new order to buy or sell a trade can be found in MT4 tools menu within MT4 Platform. The Button for placing a new trade order is depicted below. (key-board Short Cut Keys "F9")

How Do I Set Orders in the MT4 Software? - How to Set XAU/USD New Orders in Trading Charts

How to Put New Order on the Tools Menu in MT4 Software

Placing a New Order

As a xauusd trader, once you select the new order button option just as illustrated & displayed above the following pop-up window will pop up. This pop-up includes all the settings for opening a new trade order.

How Can You Place Orders on the MetaTrader 4 Software? - How to Set Orders in MetaTrader 4

Placing a New Order - How to Add Orders MetaTrader 4 Software

Following Order Setting are specified for placing and setting a new order:

  1. Symbol - Specify the financial instrument to be transacted.
  2. Volume - The No. of Lots to be transacted
  3. StopLoss Order - Set Stop-Loss, This one can be set/placed after placing the Gold trade, or for pending orders
  4. Take-Profit - Set TakeProfit Order, This one can be set/placed after placing the Gold trade, or for pending orders
  5. Type: Market Execution Trade Order or Pending Order
  6. Sell by Market - Open Sell Trade
  7. Buy by Market - Open Buy Trade

To Buy at ruling price click the Buy by Market button

To Sell at ruling price hit the Sell by Market button

Learn More Tutorials & Lessons:

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Forex Traders Seminar

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