MT5 a step backwards?? - page 9
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In your original hedged example, your position is closed at stage 2. You have no net position in the market. You are 1 lot long and 1 lot short. But, privately, you are treating this as consisting of two separate positions. You can continue to do that in a non-hedged environment. You just need to structure the orders differently - and write your EA differently.
You are exactly right. It is two positions BUT the positions are not close.
And that is the secret of hedging. Why would close your original position to have it open again and pay a third spread????
And please do give me a NON-HEDGE EQUIVALENT of MY HEDGE EXAMPLE without paying a third spread!!
You are exactly right. It is two positions BUT the positions are not close.
And that is the secret of hedging. Why would close your original position to have it open again and pay a third spread????
Dude, the only example of a close equivalence to hedging would be triangular trading. But triangular trading is FLAWED!
With triangular trading, there is an elusive third symbol that can mess you up big time. Triangular trading is not equivalent to HEDGING!
Dude, the only example of a close equivalence to hedging would be triangular trading. But triangular trading is FLAWED!
Dude... I've got no idea what you think triangular trading has got to do with it. Your original hedged example is simply equivalent to placing a buy order at 1.2000 and closing it at 1.3000, and then later opening another buy order at 1.2000 and closing it at 1.5000. It doesn't matter what your system is thinking and intending behind the scenes. Those are the equivalent orders in a non-hedged environment, leading to the same financial result, and which could be placed by an MT5 version of the EA.
The thing which changes in MT5 is that the orders you have in the market no longer necessarily correspond so intuitively to how an EA is internally thinking of its position. But your actual net position in the market remains the same, and you can still run the same strategies. You just have to think slightly differently.
Dude... I've got no idea what you think triangular trading has got to do with it. Your original hedged example is simply equivalent to placing a buy order at 1.2000 and closing it at 1.3000, and then later opening another buy order at 1.3000 and closing it at 1.5000. It doesn't matter what your system is thinking and intending behind the scenes. Those are the equivalent orders in a non-hedged environment, leading to the same financial result, and which could be placed by an MT5 version of the EA.
Why would you do TWO LONG positons when you can do it with ONE LONG position? Do you like paying extra spreads to your broker? And what happened to the retracement trade? If you add the retracement trade, you would have THREE trades in the NONHEDGING as opposed to ONLY TWO TRADES in the HEDGING examples.
Dude... I've got no idea what you think triangular trading has got to do with it. Your original hedged example is simply equivalent to placing a buy order at 1.2000 and closing it at 1.3000, and then later opening another buy order at 1.3000 and closing it at 1.5000. It doesn't matter what your system is thinking and intending behind the scenes. Those are the equivalent orders in a non-hedged environment, leading to the same financial result, and which could be placed by an MT5 version of the EA.
Why would you do TWO LONG positons when you can do it with ONE LONG position? Do you like paying extra spreads to your broker? And what happened to the retracement trade? If you add the retracement trade, you would have THREE trades in the NONHEDGING as opposed to ONLY TWO TRADES in the HEDGING examples.
Why would you do TWO LONG positons when you can do it with ONE LONG position? Do you like paying extra spreads to your broker? And what happened to the retracement trade? If you add the retracement trade, you would have THREE trades in the NONHEDGING as opposed to ONLY TWO TRADES in the HEDGING examples.
You are placing the same number of orders in each version. Therefore, I don't know why you keep asking if I like paying extra spreads. The spread charge in the hedged and non-hedged versions is the same. And the swap is potentially better in the non-hedged version.
OKAY, why don't you give me how much pips you got with your NONHEDGING example compare to my 3000 pips HEDGE example?
OKAY, why don't you give me how much pips you got with your NONHEDGING example compare to my 3000 pips HEDGE example?