Place New Order in Tools Menu in MT4 Platform

A new order to buy or sell a trade can be found on the tools menu found within the MT4 Platform. The Button key for placing a new trade is shown below. (Keyboard Short Cut Keys "F9")

Placing a New Energy Trading Order

As a energies trader, once you select the new order button as illustrated and shown above the following popup window will appear. This popup window includes all the settings used for placing a new trade order.

The Following Settings are specified for setting up a new order:

1. Symbol - Specify the instrument to be traded - energies.
2. Volume - The Number of Lots to be transacted
3. Stop Loss Energies Trading Order - Set Stop Loss Energies Trading Order, This option can also be set after opening the trade, or for the pending energies orders
4. Take Profit Energies Order - Set Take Profit Energies Trading Order, This option can also be set after opening the trade, or for the pending energies orders
5. Type: Market Execution or Pending Energies Trading Order
6. Sell by Market - Open a Sell Trade
7. Buy by Market - Open a Buy Trade

To Buy at current energies price hit the Buy by Market button key

To Sell at current energies price hit the Sell by Market button key

Setting Pending Energies Orders

To Set a pending trade at another energies trading price, Change the "Type" option from "Market Execution" to "Pending Energies Order' as shown & illustrated below.

A menu list will appear and illustrate the following options.

1. Buy Limit Energies Trading Order
2. Sell Limit Energy Trading Order
3. Buy Stop Energies Trading Order
4. Sell Stop Energy Trading Order

These options are shown below:

To learn how to set up these pending energies orders read the articles:

Setting up Buy Limit Energies Trading Order and Sell Limit Energies Trading Order in MetaTrader 4

Setting up Buy Stop Energies Trading Order & Sell Stop Energies Trading Order in MetaTrader 4

Once you select the type of pending energies order to place: then click the "Place" button as shown on the above screenshot to complete the setup.