Using Market Depth Mt4

Depth of market allows users to quickly manage stop levels stop loss and take profit and pending orders of open positions.

Using market depth mt4. The depth of market displays the current market for a trading symbol. Eightcap allows you to trade forex cfds and more with the market leading metatrader 4 platform. The levels at each depth will be highlighted to show which prices are being used for execution while the.

With many advanced features and trading tools combined with its intuitive interface the mt4 trading platform allows you to easily navigate through your accounts templates and orders. Depth of market can be viewed by clicking on the spread on the mini terminal rather than from the standard mt4 order ticket. To do this enable one click trading in the client terminal s settings.

This tool provides the ability of quick and easy order management. To open the depth of market window of a financial instrument click depth of market in the context menu of the market watch. Quick trading from depth of market.

You can download it for free in source codes here. In order to view depth you ll need to use the mt4 mini terminal which comes with the oanda mt4 plug in. This handy new feature allows you to enter market orders with pre set sl tp and pending stop and limit orders faster than using a 3rd party ea.