How to Set and change the xauusd order type execution from "Market Execution" to "Pending XAUUSD 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 gold trade transaction is shown below. (Keyboard Short Cut Keys "F9")
How to Change Gold Order Types on Trading Orders Window on MT4?
Once you select the new order button as illustrated above the following gold trade order popup window will appear and as a trader you can use this trade order popup to change the order type execution from "Market Execution" to "Pending Gold Order".
This popup includes the settings for placing a new gold trade order as well as settings for setting Stop Loss Gold Order Level.
How to Set and change the gold order type execution from "Market Execution" to "Pending XAUUSD Order"
A Menu of Pending Gold Orders is then displayed as shown below
To Set a pending gold order at another xauusd trading price, Change the order window "Type" option from "Market Execution" to "Pending Gold Order" as shown below.
A menu list of pending gold orders will pop up and show the following options.
- Buy Limit Gold Order
- Sell Limit Gold Order
- Buy Stop Gold Order
- Sell Stop Gold Order
These options for pending xauusd trade orders are displayed and shown below:
Trading Gold Change Order Type from Market Order to Pending Gold Order on MT4?
To learn how to set up these gold pending xauusd trade orders read the articles:
Setting up Buy Limit Gold Order and Sell Limit Gold Order Pending Orders on MT4
Setting up Buy Stop Gold Order and Sell Stop Gold Order Pending Orders on MT4
Once you select the type of gold pending xauusd trade order to set it: then select and click "Place" button as shown on the above screenshot to complete the pending gold order trade setup.
