EA based on indicator - netting account
CH56: Is it possible for a netting account to have an EA closing all existing orders and reversing the last trade? Currently, for example, my EA based on an indicator is closing all Buy orders but not placing a new Sell order.
Yes, it is possible, irrespective of it being a "netting" account or "hedging" account. The EA just needs to be coded to do that!
CH56:
Hello everyone,
Is it possible for a netting account to have an EA closing all existing orders and reversing the last trade? Currently, for example, my EA based on an indicator is closing all Buy orders but not placing a new Sell order.
Thank you.
Netting can have only one position in one direction. In order to reverse, open an opposite order with the current volume of the positions + the volume wanted in reverse.
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Hello everyone,
Is it possible for a netting account to have an EA closing all existing orders and reversing the last trade? Currently, for example, my EA based on an indicator is closing all Buy orders but not placing a new Sell order.
Thank you.