How Do I Set Pending XAUUSD Orders in MT4 Platform?

How Do I Set Pending XAUUSD Orders on MT4?

There are 2 different types of pending orders:

These are Limit orders & Stop orders as described below:

Limit Gold Orders on MetaTrader 4 Software

To set up these limit gold orders on the MT4 platform use the following procedure:

1. Right click on xauusd trading chart
2. Select 'Trading' Option on the Menu
3. Then Choose 'New' Order Option on Popup widow that appears
4. Then on trade setup pop up window panel that pops up (illustrated below), under label 'Type' select the option of "Pending XAUUSD Order" instead of 'market execution' trade order
5. Under the pending xauusd order options select the pending gold order type: for This trade choose "Buy Limit Gold Order" or "Sell Limit Gold Order" so as to place a pending limit gold order

Set Pending Gold Orders on MT4 - Set Pending Gold Orders on MT4?

Stop Gold Orders on MetaTrader 4 Software

1. Open a XAUUSD XAUUSD Trading Chart
2. Right Click on Chart to open the Trade 'Order' Window Panel
3. On the Trade Order Panel, Select Pending XAUUSD Order as shown below
4. Select Pending Order Type as Buy Stop or Sell Stop Gold Order as Shown below
5. After selecting Buy Stop Gold Order or Sell Stop XAUUSD Order - Click 'Place' Order & specify the sell stop xauusd price level where the order will be opened

Interpret and Set Pending Gold Orders on MT4? - How Do I Trade Gold and Set Pending Gold Orders on MT4?

Interpret and Set Pending Gold Orders on MT4?