Pending Indices Orders on the MT4 Platform
Pending orders are used in indices trading to buy or sell indices at a different stock indices trading price than that of the current indices trading price.
There are four types of indices pending stock indices orders:
Traders can use MetaTrader 4 stock indices order panel to select any of these pending window panels as shown in the MetaTrader 4 order window examples explained and illustrated below:
A Menu of Pending Indices Orders in the MetaTrader 4 Platform
To Set a pending indices order at another indices trading price, Change the execution type of the indices order on the order window 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:
What are Pending Indices Orders in MetaTrader 4?
To learn how to what indices pending stock indices orders are read the tutorials:
Setting up Buy Limit Indices Order & Sell Limit Order Pending Indices Orders on MT4
Setting up Buy Stop Indices Order & Sell Stop Order Pending Indices Orders on MT4
Once you select the type of indices pending stock indices trade order to set it: then choose & click the 'Place' button key as illustrated on the above screen-shot to complete the pending stock indices order trade setup.