How to Put Take Profit Bitcoin Order in MetaTrader 4
How to Add & Modify Bitcoin Take Profit Orders in MT4
Bitcoin Take Profit orders are bitcoin orders used to automatically close the open bitcoin trade transactions in MT4 platform. Bitcoin Take Profit orders are used by bitcoin traders to help secure bitcoin profits and close open bitcoin trades once these bitcoin trade transactions moves in the direction of the traders' position by a specified number of bitcoin pips in bitcoin profit.
TP orders can be set when opening a new bitcoin trade transactions and Take Profit orders can also be set for already opened bitcoin trades.
How to Put BTCUSD TP Orders When Opening New BTCUSD Trades
- Open a Bitcoin Crypto Currency chart for the instrument you as a trader want to trade
- Right Click on the BTCUSD Crypto Chart
- Select New Order button
- Choose the Set Take Profit Option within this New Order bitcoin window
- Specify your Take Profit level for the bitcoin crypto currency trade that you as a trader want to open
- Select buy or sell to open a bitcoin crypto currency trade
For a buy bitcoin trade the bitcoin Take Profit order is set above the bitcoin price quote you want to buy at and for a sell bitcoin trade the bitcoin Take Profit order is set below the bitcoin price quote you want to sell at.
How to Put Bitcoin Take Profit Orders for Open BTCUSD Trades
Select bitcoin trade you want to modify from MT4 bitcoin trades panel
- Right-click on the bitcoin trade order and select Modify Order
- Choose Take Profit Field
- Specify the Take Profit level for the bitcoin crypto currency trade
- Press the Modify Order Button
How to Put Take Profit Bitcoin Order in MetaTrader 4
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