The “Open” module has a good function “Maximum number of all open positions”.
Such a feature is often needed to limit overall risks.
And this is where the concept of hedging comes in, which allows you to reduce risk by opening multidirectional trades.
In this case, if the strategy involves trading in both directions, then it is necessary to expand the functionality and limit the number of open Long and Short trades.
Agree, there is a significant risk difference between the following scenarios:
  1. 10 Long positions opened
  2. 10 Short positions opened
  3. 5 Short positions and 5 Long positions opened
In the third option, the real risk will be lower than in the first two, since some positions will be closed by TP and some by SL. Of course, there are many combinations there, but the essence is not lost.
If so, in the third option, we can afford to open more deals in both directions, but at the moment, the ratio between Long and Short positions will be random and not planned.

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