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How Do I Set a Sell Stop XAUUSD Order in MetaTrader 4 Platform?

The example illustrated and explained below explains how to set a sell stop order on the MT4 platform.

A sell stop order is an order to sell gold at a xauusd price that is below the existing market xauusd price.

Setting Sell Stop Gold Orders on MetaTrader 4 XAUUSD Trading Software

  1. Open a Gold Trading XAUUSD Trading Chart
  2. Right Click on the Chart to open the Trade "Order" Window
  3. On the Trade Order Window, Select Pending Gold Order as shown below
  4. Select Pending order Type as Sell Stop Gold Order as Show below
  5. After selecting Sell Stop XAUUSD Order - Click "Place" Order and specify the sell stop xauusd price level where the order will be opened

Steps to Setting Sell Stop XAUUSD Orders on MT4 - How Do I Set a Sell Stop Gold Order in MT4? - How to Set a Sell Stop Gold Order in MT4 - What is a Sell Stop Order on MT4?

Steps to Setting Sell Stop Gold Orders on MT4