Different types of market, pending and stop orders, as well as using a trailing stop, you can perform trades despite of the current market situation.
Order types and execution
The Next Generation platform provides fast, 100% automated execution, complemented by multiple order types, which provide flexibility on how you enter trades and give you more control over your risk management.
Trading order types
Three trade execution modes (instant, request and market) take flexibility to a new level. You can select the most appropriate mode for each trading situation.
An order is an instruction for a broker to perform a trade on your behalf. Depending on which conditions the trades are performed, there may be market, pending and stop orders:
3 execution modes
2 market orders
4 pending orders
2 stop orders
Working with orders
In MetaTrader 4, orders can be set in several ways – via the Market Watch, using the hotkeys or directly from the chart by enabling One Click Trading.
Comprehensive information about all orders and open positions are available in the Terminal – Trade window. From there you can track the number of orders and positions, open prices, volumes, stop orders and your account state. In addition from this window, you can review the detailed history of all your trades.
The powerful MetaTrader 4 trading system provides you with complete control over your trades and account. Choose MetaTrader 4, and you will have everything you need to be successful from favorable market conditions.