How does the order plugin works in MT4?
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<p>In MetaTrader 4 (MT4), order plugins are third-party tools that add functionality beyond the built-in features of the platform. These plugins can automate trading, manage multiple orders, or offer custom order types not natively available in MT4. They are essentially extensions that enhance the trading capabilities of the platform. </p>
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<p id="isPasted">In MT4, "order plugins" usually refers to the standard order entry window, a feature for placing, managing, and modifying trades, or specialized external tools like Order Block indicators and OCO (One-Cancels-Other) functionality. The standard order process involves opening a new order window to specify the symbol, volume (lot size), and order type (market or pending), then setting stop loss and take profit levels before submitting the trade to execute. </p><p><br></p>
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