Read this thread : Hedging and this one Applying various trading styles (hedging...) with MT5
Alexx, 2011.12.15 16:38
The system of position management in MetaTrader 5 does not allow to have opposite direction positions for one symbol simultaneously.This article may be useful for you: A Virtual Order Manager to track orders within the position-centric MetaTrader 5 environment
mrmedia:
This is MT5, read this article to understand how it works : Orders, Positions and Deals in MetaTrader 5
The demo version of MT5 allows long OR short.
Is this just the demo?
Is it possible for non US brokers to implement MT5 as allowing long+short at same time?
If not - why was this a feature?
Mt5 was made to not allow hedging. I dont know wether brokers can alter it to allow hedging or metaquotes will claim copyright infringement. Anyway the best way to trade many styles has many stick to mt4.

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The demo version of MT5 allows long OR short.
Is this just the demo?
Is it possible for non US brokers to implement MT5 as allowing long+short at same time?
If not - why was this a feature?