DislikedThe hedge trade will close 1 of 2 ways. 1) if the hedge trade makes the required pips to cover the other 3 levels (25 pips or so), then it closes all of them, just like it would do if the price did it's 25 pip retrace. 2) or if the price retreats activating either the stop loss or the lockin of the hedge trade. If the price continues to retrace, the EA will close the other 3 levels like normal operation. If the price reverses and all of the criteria is met again, then the hedge trade will activate again. And repeat……Ignored
I suppose you could specify a reset point after so many pips but, if you don't reach it and the price reverses, you're still going to find yourself vulnerable.