Is it possible to place buy and sell trade on same chart ie like straddle trading
Forum on trading, automated trading systems and testing trading strategies
How to Start with Metatrader 5
Sergey Golubev, 2016.06.14 13:54
MetaTrader 5 features hedging position accounting system
The MetaTrader 5 platform was originally designed for trading within the netting position accounting system. The netting system allows having only one position per financial instrument meaning that all further operations at that instrument lead only to closing, reversal or changing the volume of the already existing position. In order to expand possibilities of retail Forex traders, we have added the second accounting system — hedging. Now, it is possible to have multiple positions per symbol, including oppositely directed ones. This paves the way to implementing trading strategies based on the so-called "locking" — if the price moves against a trader, they can open a position in the opposite direction.
Since the new system is similar to the one used in MetaTrader 4, it will be familiar to traders. At the same time, traders will be able to enjoy all the advantages of the fifth platform version — filling orders using multiple deals (including partial fills), multicurrency and multithreaded tester with support for MQL5 Cloud Network, and much more.
Now, you can use one account to trade the markets that adhere to
the netting system and allow having only one position per instrument,
and use another account in the same platform to trade Forex and apply
hedging.
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hello meta 5
just switched from 4 to 5 and I cannot find any way to be able to do what is explained in the subject bar
Straddle trades buy and sell on sane chart
Is it possible if so how please?
Mike H ........