Saturday, April 12, 2014

How To Place A Trade With MetaTrader 4 or Closing An Order

The trade will close once price hits the stop loss, trailing stop or take profit level. The trade can be closed at any time by highlighting the trade in the Trade tab of the Terminal, right-clicking and selecting "Close Order," as shown in Figure 11. This window can also be opened by double-clicking on the trade in the Trade tab of the Terminal.



Figure 11 - Right-click an order in the Trade tab of the Terminal and select "Close Order" to manually close the position.


A window appears prompting the trader to confirm that the trade should be closed. Once the window appears, the yellow horizontal bar at the bottom of the window can be clicked to close the trade, as shown in Figure 12. 


Figure 12 - Click the yellow horizontal button to close the order.




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1 comments:

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