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Hedging EA

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James
32
James  
Is there a hedging EA that can work with manually opened trades or those placed by another EA that will automatically open a hedging position if let's say trade went -20 pips to prevent further loss?
Yerlan Imangeldinov
885
Yerlan Imangeldinov  
Why you just do close losing position?
James
32
James  
yerlan Imangeldinov:
Why you just do close losing position?
Because I do not use stop loss.
Yerlan Imangeldinov
885
Yerlan Imangeldinov  
James:
Because I do not use stop loss.

You anyway use stop lose. What differents buy-close and buy-sell?

If trader hedge he will be pay swap<If trader close he free from obligations. 

James
32
James  
yerlan Imangeldinov:
You anyway use stop lose. What different buy and close and buy and sell?
I'm sorry but I do not understand your question.
Yerlan Imangeldinov
885
Yerlan Imangeldinov  
James:
I'm sorry but I do not understand your question.
Sorry my english skill not best.
James
32
James  
yerlan Imangeldinov:
Sorry my english skill not best.
No need for apology. Can you rephrase your question?
Yerlan Imangeldinov
885
Yerlan Imangeldinov  
James:
No need for apology. Can you rephrase your question?

What different between (buy-close) and (buy-sell)? 

agu2a
91
agu2a  

Yerlan is right, sometimes Hedgeing may not be the best option as you have to pay swap for everyday you hold a position open 

James
32
James  
Just an update, I have found an EA which do exactly what I was looking for and it is called Multi-purpose Trade Management EA. Thank you.
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