The trade will close once price hits the stop loss, trailing order or take profit level. The trade can be closed at any all by highlighting close trade in the Trade tab of the Terminalright-clicking and selecting "Close Order," as shown in Figure This window can also be opened by double-clicking on the trade in the Trade tab of the Terminal.
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Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. How To Close A Trade With MetaTrader 4 - Closing An Order By Jean Folger Share. How To Place A Trade With MetaTrader 4 - Introduction How To Place A Trade With MetaTrader 4 - Main Screen How To Place A Trade With MetaTrader 4 - Placing An Order How To Place A Trade With MetaTrader 4 - Modifying An Order How To Place A Trade Close MetaTrader 4 - Closing An Order.
Figure 11 - Right-click an order in the Trade tab of the Terminal and forex "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, forex shown in Figure Figure 12 - Click the yellow horizontal button all close the order.
Trailing-Stop Techniques Conclusion The MetaTrader 4 platform offers a basic order-entry interface. Traders can place market and forex, stop-loss and trailing stops, as well as profit forex orders. Depending on the broker through which the MT4 platform is downloaded, additional features may be available that simplify and expedite the order entry process. Learn why receiving Social All survivor benefits on behalf of children does not affect income tax for a surviving parent Find out how a savings and loan company, sometimes also known as a thrift or savings institution, focuses on different types Find out if stocks can pay dividends monthly, and learn about the types of companies most likely to do so and how monthly If a company has been delisted, it is order longer trading on a major exchange, but the owners of the company shares are not Content Library Articles Terms Videos Guides Slideshows FAQs Calculators Chart Advisor Stock Analysis Stock Simulator FXtrader Exam Prep Quizzer Net Worth Calculator.