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
- Open a Gold Trading XAUUSD Trading Chart
- Right Click on the Chart to open the Trade "Order" Window
- On the Trade Order Window, Select Pending Gold Order as shown below
- Select Pending order Type as Sell Stop Gold Order as Show below
- 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 Gold Orders on MT4