How to Place New BTCUSD Trade Order in Tools Menu on MT4 Platform

A new trading order to buy or sell a trade can be found on tools menu within the MT4 Platform. Button key for placing a new trade is shown below. (ShortCut Key board Keys 'F9')

Placing a New Bitcoin Trading Order

As a bitcoin trader, once you select the new order button as illustrated and shown above the following popup window will appear. This pop up window includes the settings for placing a new trade order.

Following Setting are specified for setting up and placing a new order:

1. Symbol - Specify the instrument to be traded.
2. Volume - The Number of Lots to be transacted
3. Stop Loss Cryptocurrency Order - Set Stop Loss Order, This option can be set after opening the trade, or for pending bitcoin orders
4. Take Profit Cryptocurrency Order - Set Take Profit Order, This option can be set after opening the trade, or for pending bitcoin orders
5. Type: Market Execution or Pending Order
6. Sell by Market - Open a Sell Trade
7. Buy by Market - Open a Buy Trade

To Buy at current price hit the Buy by Market button

To Sell at current price hit the Sell by Market button

Setting Pending Orders

To Set a pending trade at another price, Change the 'Type' option from 'Market Execution' to "Pending Order" as shown below.

A menu list will appear & explain the following options.

1. Buy Limit Order
2. Sell Limit Order
3. Buy Stop Order
4. Sell Stop Order

These options are shown below:

To learn how to set up these pending cryptocurrency orders read the articles:

Setting up Buy Limit Order & Sell Limit Order in MetaTrader 4

Setting up Buy Stop Order & Sell Stop Order in MetaTrader 4

Once you select the type of pending bitcoin trade order to place: then select and click the 'Place' button as shown on the above screenshot to complete the setup.