building hedging
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shared/86EOaRrM this is a project link its working fine but not taking a profit. i don't know whats problem I am facing
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@nitin2468 said in building hedging:
shared/86EOaRrM
I didn't tested it, but my opinion about hedging (opening the opposite trade instead of closing the existing one) is just an overcomplicated way of adding on loss. I always advice strongly against using this way of thinking and trading.
If hedging means that you have many different assets with different characteristics at the same time... ok, this is fine. But it's a totally different thing.
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@nitin2468 i like the idea, it just seems like there are some logic errors.
The buys are left open, you can get stuck with the buys, they are not hedged, you are basicly waiting till it comes back in profit to close.
If it doesnt come back out of the floating loss, you will be stuck with it.
At least thats what i found in the strategy tester.
i see that you are leaving a lot of potentiall on the table, the hedges could be done more efficient
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@fxdreema i got profitable Ea but it works on 30 minutes but i want 5 minute stretegy
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is there any code they clode trading after book profit and trade the next day how to manage fxdreema
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@nitin2468 check profit (period of time), if < place trade.
