What is Buy Limit Stock Indices Order in MetaTrader 4?
The examples explained below explains how to set a buy limit order in MetaTrader 4 software.
A buy limit order is an order to buy indices at a better stock indices trading price after the stock indices trading market stock indices trading price has retraced.
Setting Buy Limit Indices Orders in MT4 Software
To set up these buy limit orders in MetaTrader 4 platform use the following procedure:
- Right click on indices chart
- Choose 'Trading' Option on the Menu
- Then Choose 'New' Order Option on the Popup widow that appears
- Then on the trade setup pop up panel that appears (illustrated below), under label 'Type' select option of "Pending Indices Order" instead of 'market execution' trade order
- Under the pending stock indices order options select the pending stock indices order type: for This trade choose "Buy Limit Indices Order" so as to set a pending buy limit order & after which specify the stock indices trading price at which you want the buy entry limit indices order executed.
How Do I in Indices Trading Set a Buy Limit Stock Indices Order in MT4?
