How to Add Take Profit 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 takeprofit and close an open trade position once the specified takeprofit level specified by a gold trader is reached and attained.

Gold Take profit orders mechanically close-out trades at a profit once the set take profit order level is reached and attained on the chart.

Set Take-Profit When Opening New Order on Tools Menu on MT4 Android App

To open a new order to buy or sell a trade use tools menu within MT4 Android App just as illustrated and shown below.

New order button option for placing a new trade is shown below. (key-board Shortcut Keys 'F9')

How Do You Place Take Profit in MetaTrader 4 Android App - How to Set Take-Profit When Opening Orders in MT4 Android App

Once you select new order button option just as illustrated and shown above following order pop-up panel window will appear and as a trader you will then use this trade order popup panel window panel to set the Take Profit Order Area for your new trade.

This pop-up window includes settings for registering and opening a new order & also parameters for setting TP Order Level.

How Do I Set TakeProfits in MT4 Android App - Set TakeProfit Order in MetaTrader 4 Android App

The Following TakeProfit Order Settings are specified for placing a new tp order trade order:

Take-Profit - Set TakeProfit Order, This option also can be placed after registering and opening a trade, 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 & execute new order choose the Buy by Market order button option

To Sell at present price and open new order choose the Sell by Market order button option

After you open the new trade positions 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 opened/executed buy or sell trade - To find this trade order panel window for a buy or sell trade position, right click on the opened buy or sell trade position, then after that click 'Modify Order' after you click modify order button option and the above trading order settings button will appear and you can then set the Take Profit Order using the course explained above.

Study More Courses & Guides:

Trade Gold Trading

How to Add Take Profit in MetaTrader 4 Android App

Set Take-Profit When Opening New Order on Tools Menu on MT4 Android App