Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Brokers Rating
  • PAMM
  • Investment
  • Affiliate
  • Contact
  • About us
You are here: Home / FAQ / How to Set Stop Loss on Android MT4?

How to Set Stop Loss on Android MT4?

by Fxigor

ShareTweet

A lot of users use today’s mobile phones to trade, track orders, watch charts. In this article, we will discuss the practical implementation of stop-loss in the MT4 mobile platform.

So, how to set a stop-loss on an MT4 Android phone?

There are two possible solutions: set the new trade position or modify the old trade position.

How to Set Stop Loss on Android MT4 when opening a new position

When traders set stop loss on an MT4 Android phone in the first step, they go to the “Quotes” tab and then pick the instrument. The trader can then choose the option “New order” and type of execution (usually market execution). After that trader will set volume, stop loss, and target. In the last step, traders can choose from BUY or SELL option.

See the image below on how to place a stop loss on the MT4 android platform.

Placing a Trade on MT4 Android

Below you can see a video of how to enter a trade on the MetaTrader 4 mobile platform:

 

How to Modify Stop Loss on MT4 for android

When traders modify a trade on MT4 in the android app, they go to option “Trade” then tap and hold an open position. After that, a new pop-up window will appear on the application, and users can select the option ‘Modify”. Users will be able to enter stop loss or take profit details and then enter a “Modify” option.
See below how to modify stop loss on mt4:
modify order mt4

Below you can see a video of how to modify stop-loss order on the MT4 mobile app:

  • Author
  • Recent Posts
Fxigor
Fxigor
Trader since 2007. Currently work for several prop trading companies.
Fxigor
Latest posts by Fxigor (see all)
  • Morning Star Forex Pattern
  • Evening Star Forex Pattern
  • How to Predict Forex Movement? – Practical Example

Related posts:

  1. How to Modify Trade on MT4
  2. How to Set Stop Loss in Forex?
  3. Placing a Trade on MT4 Android
  4. How to Fix Invalid Stop Loss or Take Profit in MT4
  5. What is Stop Loss Order?
  6. Difference Between Stop Loss and Take Profit
  7. What is ATR Trailing Stop? ATR stop Loss Indicator MT4 Download
  8. What Does Trailing Stop Mean?
  9. Stop Limit Order Strategy
  10. How to Close Trade in MT4 Mobile?
  11. Avatrade Bonus Terms

Filed Under: FAQ

Website categories

Main Forex Info

  • Forex Calendar 2020
  • Forex Holidays Calendar 2021 – Holidays Around the World
  • Non-Farm Payroll Dates 2021
  • Key Economic Indicators
  • The Best Forex Brokers Ratings List
  • Top Forex brokers by Alexa Traffic Rank
  • Forex Brokers with Free Initial Deposit in 2020
  • Brokers That Accept PayPal Deposits
  • What is PAMM in forex? Are PAMM Accounts Safe?

Main navigation:

  • Home
  • About us
  • Forex brokers reviews
  • MT4 EA
  • Education
  • Privacy Policy
  • Risk Disclaimer
  • Contact us

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Sign Up. Get newsletter.

Spanish language – Hindi Language

Spanish language website Hindi language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007