: After I explained
Now It's time to know how to use these Forex signals and how to place an order with Meta Trader 4
: Opening the Order Window in Meta Trader
MetaTrader 4 Order window is used to place trades , you can open it by Clicking on " New Order" button in the toolbar
: Placing an Order in Meta Trader
Once you have opened Order window , you can enter information into fields and make selections from drop-down lists to prepare the trade order
Symbol :You can select any currency pair you want trade with it list at the top .A corresponding tick chart appears in the left pane that displays current prices
Volume : (lot size) : It's preferable for you elect to trade in smaller volumes, such as 0.1
Stop Loss : when you follow someone signal , you should to put a number to stop your losses if the trade tends to the loss
Take Profit : You can place a number to take profits at specific point
"Type: either Market Execution a "market order" or Pending Order "a limit order
Market Execution : you can Click on "Sell by Market" or "Buy by Market", depending on the trade direction, to place the trade Click Okay
Pending Orders : If you selected a Pending Order you must select the type of the order from the drop- down menu , if it
Buy Limit
Sell Limit
Buy Stop
Sell Stop
All of that will be written in the signal , Ex : Sell Limit : USDJPY @ 104.390 , Take Profit : 103.149 , Stop Loss : 108.007
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