FAQ FxPro Metatrader 4

How do I place a pending order in MT4?

A pending order is an instruction to open a position when an instrument reaches a certain price pre-defined by you.

You can place a pending order via the main ‘Order’ window [See How do I place a new market order in MT4?]. Simply change the ‘Type’ from ‘Instant Execution’ to ‘Pending Order’. A drop-down menu will then appear that will ask you to specify whether the pending order you are about to place is a Buy Limit, Sell Limit, Buy Stop or a Sell Stop Order, and will allow you to set limit price and expiry date and time.