How to Place TakeProfit in MetaTrader 4 Android App
Take Profit Orders are orders used to close open trade transactions at a profit - take-profit orders are used to take profit and close an open trade once the specified takeprofit level specified by a xauusd trader is reached.
Gold Take profit orders automatically close trade transactions at a profit once the set take profit order level is reached on the chart.
Set Take-Profit When Opening New Order in Tools Menu on MT4 Android App
To open a new trading order to buy or sell a trade use tools menu within MT4 Android App as illustrated below.
New order button for placing a new trade is shown below. (key-board Short-cut Keys 'F9')
How Do I Place TakeProfit in MT4 Android App - How to Set Take-Profit When Opening Orders in MT4 Android App
Once you choose new order button as illustrated and shown above following trade order pop-up window panel will appear & as a trader you'll then use this trade order pop-up window panel to set the Take Profit Order Area for your new trade.
This popup window includes settings for opening a new order as well as parameters for setting Take Profit Order Level.
How Do I Place TakeProfits in MT4 Android App - Set Take Profit Order in MT4 Android App
The Following Take Profit Order Settings are specified for placing a new tp order trade order:
Take-Profit - Set Take Profit Order, This option also can be set after opening a trade position, or for pending orders
Open the Buy/Sell Trade Transaction by Clicking the Following Buttons:
- Sell by Market - Open Sell Trade
- Buy by Market - Open Buy Trade
To Buy at current price & open new order choose the Buy by Market order button
To Sell at current price & open new order choose the Sell by Market order button
After you open the new trade transactions use the Take Profit Order Panel Above to Set the Take-Profit order for the New Order.
You also can get this window in order to modify an open buy or sell trade - To get this trade order window panel for a buy or sell trade, right-click on the opened buy trade or sell trade, then after that click 'Modify Order' after you click modify order button the above trading order settings button will appear and you can then set the TakeProfit Order using the guide explained above.
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