How to place a stop order (Buy/Sell) on a computer
To place a Buy Stop or Sell Stop order:
- Go to the Market Watch section in MetaTrader and click on Symbols.
- Right-click on the desired symbol and select New Order.
- In the order window, change the order type to Pending Order.
- From this section, select the type of pending order you want, e.g., Buy Stop or Sell Stop.
- Enter your desired Take Profit, Stop Loss, and Entry Price.
For example, with a Buy Stop order, your entry price must be higher than the current market price, so make sure to set the levels accordingly.
6.Click Place to submit your order.