What Is Sell Limit In Mt4
Sell limit order is a trade order to sell at the bid price equal to or greater than the one specified in the order.
What is sell limit in mt4. Mt4のアプリを使ってfxをする際に 是非使ってほしい機能があります それはsell limitとbuy limitです これを使って勝率を上げちゃいましょう そもそもsell limitとbuy limitとは ところでsell limitとbuy limitとは何でしょうか 簡単に説明すると 逆張りのようなイメージをしてもらえるといいです. For example eur usd s current price is 1 0495. If you place a sell pending order below the market price that order is known as sell stop. And you want to sell eur usd if the price goes lower and reaches 1 0480.
Although it is most commonly associated with forex trading metatrader 4 can be used to trade a range of markets including forex indices cryptocurrencies and commodities via cfds or spread betting. Therefore you have to set a sell stop order at 1 0480. Sell stop limit order is a stop order to place a sell limit order. First time trading on mt4.
This type of order combines both sell stop and sell limit in one order. Metatrader 4 mt4 is a trading platform developed by metaquotes in 2005. When you use this order type the current price level needs to be lower than the value specified in the order. I remember the first time i opened up my mt4 trading platform and did not know the mt4 order types i was staring at on the screen.
The lower middle chart in the below photo shows the example of sell limit order on mt5 trading platform. I did not know what a market order was let alone what a sell limit or sell stop order was or what a buy stop or buy limit order was. Therefore you have to set a sell limit order at 1 0515. In order to understand the mechanism of this order please refer to the chart at the bottom right side of the photo below.
50 videos play all mix how to set a buy and sell limit on meta trader 4 youtube. An example of a sell limit order may be. Mt4 is extremely popular due to the fact that it is highly customisable to your individual trading. How to place trades in mt4 using buy stop sell stop buy limit or sell limit.
Abc xyz is trading at 1 3210 and you want to sell when the price reaches 1 3220.
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