Buy order: Stop Loss should be below current bid price, and Take Profit above the current bid price.Sell order: Stop Loss should be above current ask price, and Take Profit below the current ask price.Please consider the following peculiarities for: Then simply set the Stop Loss or Take Profit level and click 'Modify' button below. Alternatively, you can right click the position line and select 'Modify order'. To modify a position, please double click 'Stop Loss' or 'Take Profit' field of the position line in the Trade tab. Available pending order types at this price level will be displayed in the menu. Right click on the necessary price level on the chart and select the type of pending order you would like to open. You can also place a pending order from Trading submenu of the chart's context menu. The panel can be used to place market orders with specified volumes. To enable One-Click Trading panel, right-click the chart and tick One-Click-Trading in the context menu. With one-click trading you can perform trading operations on the chart. In the Options window, open the Trade tab, tick 'One-Click Trading', and click OK to apply the changes. To enable One-Click trading, select Options from the Tools menu. MT4 also allows you to open and close positions with one click. To specify Stop Loss or Take Profit level, click the up or down arrow to fill in the current price and and adjust it to your Stop Loss or Take Profit price.Īs soon as the position has been opened, it will appear in the Trade tab. Click the Place button to submit the order. Buy Limit, Sell Limit, Buy Stop or Sell Stop), and specify the price at which it will be triggered. If you'd like to open a pending order, select it as the order type. If you choose 'Market execution', simply click 'Buy' or 'Sell' below to open the position at the current market rate. In the pop-up window, please select the symbol from the drop-down list, set the volume of the order in lots, set Stop Loss or Take Profit level, and select the type of your order. click on the 'New Order' button in the toolbar.right-click on the open chart and select 'New order'.right-click a symbol in the Market Watch window and select 'New Order' from the pop-up menu.To bring up the 'New Order' window you can:
if your Buy Limit price is 1.09005, the order will be opened at 1.0900.if your Buy Stop price is 1.09005, the order will be opened at 1.0902.if your Buy Stop order price is 1.09002 with take profit at 1.09022, the order will be cancelled.if your Take Profit level is 1.09005, the order will be closed at 1.0900.if your Sell order has stop loss level at 1.09005, the order will be closed at 1.0902.In the next tick, bid is 1.09012 and ask is 1.0902: Buy Limit and Sell Limit pending orders will be executed by the order’s price.įor example: bid is listed as 1.09004 and ask is 1.0900. Buy Stop and Sell Stop pending orders will be executed by the first price after the price gap.if the Take Profit order price is within the price gap, the order will be executed by its price.if the pending order price and Take Profit level are within the price gap, the order will be cancelled.if your Stop Loss is within the price gap, the order will be closed by the first price after the gap.The following rules are applied to pending orders executed during a price gap: As the definition implies, in some cases you would need to observe the ask price, while the chart shows only the bid price. It is important to understand that you may not be always able to see a price gap on the chart since it can be enclosed in a candle. or current ask price is lower than the bid of the previous quoteĬurrent bid price is higher than the ask price of the previous quote or current ask price is lower than the bid of the previous quote.current bid price is higher than the ask price of the previous quote.
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