How Do You Set Stop Loss Orders on MT4 Charts?

How to Set XAUUSD Stop Loss in MT4 Android

Set Stop Loss When Opening Orders in MT4

To set StopLoss when opening a new order in MetaTrader 4 platform use the step-by-step guide explained below:

Set Stop Loss XAUUSD Order When Opening New Order in Tools Menu on MetaTrader 4 Platform

To open new trade order to buy/sell a trade position use tools window menu within MetaTrader 4 Platform as shown below.

New order button for placing a new trade is portrayed below. (MetaTrader 4 key-board Short-cut Keys 'F9')

Set Stop Loss Orders on MT4 Charts

Once you select the new trade order button as illustrated & shown above following trade order pop up window will pop-up and as a trader you will then use this trade order pop-up window panel to set the Stop Loss Order Area for your new xauusd trade.

This pop up window includes settings for placing new trade order as well as options for setting StopLoss Level.

How Do I Put StopLoss in MetaTrader 4 Android

Following StopLoss Parameter Settings are specified for setting a new Stop Loss Order:

Stop Loss XAUUSD Order - Set StopLoss, This option also can be set after opening a trade position, or for pending orders

Open the Buy or Sell Trade by Pressing the Following Button:

Sell by Market - Open a Sell Trade
Buy by Market - Open a Buy Trade

To Buy at current gold price and open new order choose the Buy by Market order button

To Sell at current xauusd price & open new order select the Sell by Market order button

After you open the new trade transactions use the StopLoss Order Window Above to Set Stop Loss order for the New XAUUSD Order

You also can get this window in order to modify an open buy or sell trade - To find this order window for buy or sell trade, rightclick on opened buy or sell trade position, then after that click 'Modify Order' button key after you press modify order button the above order settings button will appear and you then can set the StopLoss using the method described above.

How to Put Stop Loss Orders on MT4 Charts - How to Put Stop Loss in MetaTrader 4 Android

Study More Lessons and Courses:

Trade Gold Trading

How Do You Set Stop Loss Orders on MT4 Charts?

How to Set XAUUSD Stop Loss in MT4 Android

Set Stop Loss XAUUSD Order When Opening New Order in Tools Menu on MetaTrader 4 Platform