how to set buy stop & sell stop on mt4 mobile setting buy stop and sell stop using mobile mt4 is very helpful if done correctly some use sell stop strategies.
To set pending orders on the mt4 android platform, go to the quotes tab and then pick the instrument. The trader can then choose the option new order and type of execution. Choose one from four pending trade solutions buy stop, sell stop, buy limit or sell limit.
What is the difference of buy stop and buy limit? Buy stop is a buy pending order above the market price. And, you want to buy eurusd if the price goes higher and reaches 1. If you place a buy pending order below the market price, that order is known as buy limit.
What is a buy stop order and how does it work? Heres the definition for a mt4 buy stop order a buy stop order is a pending order that is placed above the market price in the anticipation that the price will rice up, hit it, activate it and then continue rising up.
answer buy stop limit order is the combination of the two order types which are buy stop and buy limit, as in being a stop order to place a buy limit order. Please refer to the chart on the upper-right side of the below photo.
buy stop a trade order to buy at the ask price equal to or greater than the one specified in the order. The current price level is lower than the value in the order. Usually this order is placed in anticipation of that the security price, having reached a certain level, will keep on increasing.
when you have the settings you wish to keep, right click your mouse anywhere in the chart that is not focusing on an object, then choose templatesave template. This means that any new chart you open will be set to your template.
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