Megaleads!
Strategy makes sense in the surface, and I very much like the idea of the hedge strategy since we never really know which direction the market is going. I like the foundation of this strategy but just trying to help find/fix a potential flaw:
I think this strategy is probably ideal for when the market is ranging. So, my question is, what will happen when a market is in a very strong trend. The winning position is profitable, but wouldn't your losing position get margin call, and broker will automatically close the trade for you?? I actually do not know this 1st hand, but just something to think about. Any idea guys?
Actually, that would be ideal for the broker to auto close your losing trade, probably just need move your hard stop loss at break even price. maybe?? yeah??
Good luck with the EA, hope it works out as planned.
Strategy makes sense in the surface, and I very much like the idea of the hedge strategy since we never really know which direction the market is going. I like the foundation of this strategy but just trying to help find/fix a potential flaw:
I think this strategy is probably ideal for when the market is ranging. So, my question is, what will happen when a market is in a very strong trend. The winning position is profitable, but wouldn't your losing position get margin call, and broker will automatically close the trade for you?? I actually do not know this 1st hand, but just something to think about. Any idea guys?
Actually, that would be ideal for the broker to auto close your losing trade, probably just need move your hard stop loss at break even price. maybe?? yeah??
Good luck with the EA, hope it works out as planned.