How to Place a Pending Oil Trading Order in MT4 Platform
How Do You Interpret MT4 Crude Oil Pending Orders in MetaTrader 4 Platform?
MetaTrader 4 Pending oil orders are used in oil to buy or sell oil at a different crude oil price than that of the current crude oil price.
There are four types of MT4 oil pending crude oil orders:
MetaTrader 4 Buy Limit Oil Trading Order
MT4 Buy Stop Oil Trading Order
MT4 Sell Limit Oil Trading Order
MT4 Sell Stop Oil Trading Order
Traders can use MetaTrader 4 oil order window panel to select any of these oil pending window as shown on the MT4 oil order window oil example shown below:
A Menu of Pending Crude Trading Orders in MetaTrader 4 Software
To Set pending oil trading order at another crude oil price, Change the execution type of the oil order on the oil order trading window 'Type' option from 'Market Execution' to "Pending Crude Oil Order" as shown and illustrated below.
A menu list of MT4 oil pending oil orders will pop up & show the following options.
- Buy Limit Oil Trading Order
- Sell Limit Crude Trading Order
- Buy Stop Oil Trading Order
- Sell Stop Crude Trading Order
These options for MT4 pending crude oil orders are shown below:
How Do I Interpret MT4 Crude Oil Pending Orders on MT4 Software
To learn what MT4 oil pending oil orders are read the articles:
Once you select the type of MT4 oil pending oil order to set: then click the 'Place' button as shown on the above MT4 oil pending oil order screenshot to complete the MT4 oil pending oil order oil trade setup.
How Do You Read Crude Trading MT4 Pending Crude Oil Orders in MT4 Software?
