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How to Set Stop-Loss and Take-Profit on an Open Trade in MT4

To set a take-profit or a stop-loss on an open trade, follow the steps below:

  • Look for the trade you want to modify

  • Right-click, then choose "Modify or Delete Order"

  • Then you can set the take-profit and stop-loss levels manually.

  • When you set your take-profit and stop-loss levels, the "Modify" button will turn red; only then can you click it and modify the order.

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