Hi there,
I would like to know if there is a better way to manage and close open orders than what I have in mind...
here is my idea :
1: Open two currency pairs manually (Hedged)
2. Close both pairs when realized the desired profit .
This will be p/l of pair1 + P/L of Pair 2 = desired profit. Most
probably one pair will be in minus and one will be in positive.
5. I also want the option to manage multiple sets of hedged trades. eg.if i open 4 sets of hedged trades= 8 open trades
Is the best way to do this to have the EA identify the currency pairs and close the trades when the profit level is reached? or is there a better way?
Using a magic number is not possible because the orders are opened manually.
Any suggestions would be greatly appreciated.
Any one got an idea on this subject?
Any one got an idea on this subject?
It wouldn't be difficult to do, but with regards to #2, there is roughly a 76% probability that both trades will be minus.
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Hi there,
I would like to know if there is a better way to manage and close open orders than what I have in mind...
here is my idea :
1: Open two currency pairs manually (Hedged)
2. Close both pairs when realized the desired profit . This will be p/l of pair1 + P/L of Pair 2 = desired profit. Most probably one pair will be in minus and one will be in positive.
5. I also want the option to manage multiple sets of hedged trades. eg.if i open 4 sets of hedged trades= 8 open trades
Is the best way to do this to have the EA identify the currency pairs and close the trades when the profit level is reached? or is there a better way?
Using a magic number is not possible because the orders are opened manually.
Any suggestions would be greatly appreciated.