How to Set and change the indices order type execution from "Market Execution" to "Pending Indices Order"
First open order menu as shown below:
To get the order window on the MetaTrader 4 platform: The New order button for placing a new index trade is displayed and illustrated & shown below. (Short Cut Keyboard Keys "F9")
How to Change Indices Order Types on Orders Window Panel on MetaTrader 4?
Once you have selected new order button as illustrated above following indices trade order window pop up will appear and you as a trader can use this trade order pop up to change order execution type from "Market Execution" to 'Pending Indices Order".
This pop up includes the settings for placing a new indices trade order as well as settings for setting Stop Loss Indices Order Level.
How to Set and change indices order type execution from "Market Execution" to "Pending Indices Order"
A Menu of Pending Stock Indices Orders is then displayed as shown below
To Set a pending indices order at another indices price, Change the order panel "Type" option from "Market Execution" to 'Pending Indices Order" as shown below.
A menu list of indices pending stock indices orders will appear & show the following options.
- Buy Limit Indices Order
- Sell Limit Indices Order
- Buy Stop Stock Indices Order
- Sell Stop Indices Order
These options for pending stock indices orders are shown below:
Indices Trading Change Order Type from Market Order to Pending Indices Order on MT4?
To learn how to set up these indices pending stock indices orders read the articles:
Setting up Buy Limit Indices Order and Sell Limit Order Pending Indices Orders in MetaTrader 4
Setting up Buy Stop Indices Order and Sell Stop Order Pending Indices Orders in MetaTrader 4
Once you select the type of indices pending stock indices order to set: then click "Place" button key as shown on above screenshot to complete pending stock indices order trade setup.
