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Help with MT4

Garrychris554
Nov 24 2020 at 07:42
posts 27
You can do it manually also. You can go to the close action on your open trade and click on the contract size to make the changes.

vontogr (togr)
Nov 24 2020 at 07:45
posts 4862
Dr_BigC posted:
New to MT4. Does anyone know if or how to partially close a position using a pending order. For Ex. say I open a 2 lot BUY position on EUR/USD at 1.18500 with SL 1.18350 and TP 1.18850. Then when price gets to 1.18650 and I want to scale out my position and maybe move SL to break even, can this be done using a pending order, essentially automating the process as I might not be there to watch the price do its thing or can it only be done manually?

Thanks

I want to scale out my position and maybe move SL to break even - yes you can modify the position's SL via EA or manually.
, can this be done using a pending order - nope you have to modify existing position,
, essentially automating the process as I might not be there to watch the price do its thing or can it only be done manually? - both ways are possible either EA or manually.

SteveHanks
Jul 04 at 09:04
posts 305
MT4 is the best trading platform.

Aurisida
Jul 10 at 04:57
posts 46
As for me, this platform is one of the most convenient and easy to use, and you can figure it out very easily.

Tremblay
Jul 19 at 11:08
posts 330
Aurisida posted:
As for me, this platform is one of the most convenient and easy to use, and you can figure it out very easily.

Yes. This is the most profitable source of income.

PiquieFX
Jul 19 at 13:30
posts 6
tdameritrade is one of the best for stock trading =)
have a look at that one and you will see that every other platform sucks =)

Aubrey22
Jul 19 at 14:05
posts 11
Is the MT4 a better trading platform for beginners, or is there another suitable platform that beginners can use?

yana hansen (78678676)
Jul 20 at 06:11
posts 137
To partially close an existing trade, please follow these steps:
    • go to the ‘Trade’ tab in the Terminal window
    • right click on the trade you want > Modify order.
    • A pop-up will appear, with details about the trade. Under “ Type” , select “market execution”
    • In the ‘Volume’ box, enter the lot size that you want to close
    • Click on the yellow button ‘Close (order details) by Market’.
You have now partially closed your order.

Kazile
Jul 20 at 07:12
posts 119
Of course, there are other platforms, but why do many recommend the MT - 4 platform because of its ease, clarity and accessibility

karenpeters
Jul 26 at 10:59
posts 11
It can be manually done by going to the ‘close action’ on the open trade section. Then click on the contract size to make the desired changes.

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