CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.
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.