Quote:
Originally Posted by toddanderson
I am looking for a ea that would put a hedge trade on when your first
trade moves against you x number of pips
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The big question is: When do you "lift" the hedge to take your system into profitability?
By placing a hedge, you do stop the bleeding, but you still have the wound which is your loss. You also add to the bleeding by incurring another spread cost.
If you can figure out a good method of lifting your hedge into a profitable situation, I would like to hear it!