How Do I Set a Gold Order on MetaTrader 4?

How Do I Set a XAUUSD Order on MetaTrader 4?

Set New Gold Order in Tools Menu on MetaTrader 4

To set new gold order to buy or sell a trade can be found in MT4 tools menu within the MetaTrader 4 Platform. The Button key for placing a new gold trade order is displayed below. (MT4 Keyboard ShortCut Keys "F9")

Set a Gold Order in MetaTrader 4 Gold Trading

Placing a New XAUUSD Order

As a gold trader, once you select the new gold trading order button as illustrated and illustrated above the following pop up window will appear. This pop up includes the settings for placing a new trade transaction.

Interpret & Set a Gold Order on MetaTrader 4? - How Do I Trade XAUUSD and Set a Gold Order in MT4?

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

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

To Buy at current xauusd price hit the Buy by Market button key

To Sell at current xauusd price hit the Sell by Market button

Set a Gold Order on MetaTrader 4 (MT4)