DislikedThanks - just so I understand: the longs are closed when break even, but only when price in on way down? So in the graph above it is a stop_sell order that closes the longs (buys) in point (2)? In point (1), when price is going up, you are probably loaded with shorts, so a lot of longs are bought asa hedge right? Then price continues to rise but only on its way down is the buy hedge closed. Correct? As you do not mention a timeframe, this can happen multiple times a day? Again, just trying to understand.Ignored
point 2 is like a stop_sell but it will close only if long profit is >= 0
after closing longs, the EA will reinitialize longs with one order and it will continue managing shorts.
yes, it may happen many times a day. If price go back up.
I am considering doubling the grid size for hedged positions, let's way to see how this version works.
stay tuned. right now I do have one live EURUSD position hedged. I will post results.
thanks, bauta
PS: I do remember on the past I did trade a grid that open one position long and one position short on every grid line crosses (top and bottom) and then closes profit side on a pullback to a grid line, working as stop orders.