Glossary
Pending Order
A Client order to open a position based on a specific price, sometimes with an expiration date; MetaTrader 4™ supports the following types of pending orders: Buy Limit, Sell Limit, Buy Stop, Sell Stop.
Pips
The smallest increment of change in a quote (foreign currency price). For example, if the current price of the EUR/USD currency pair is 1,4181 and it changes to 1,4180 this means the price has dropped by one pip.
Profit
profit from transactions
