Sell Hedge cBot uses one of the hedging technique
instead of Stop Loss when the Short open position does not reach the Take
Profit, this Take Profit is marked "Exit". See the picture below. The Sell Hedge cBot opens one Short position at first Tick after clicking cBot PLAY button , this is marked "v1". See the picture below. If the Take Profit (Average Take Profit) is reached, then the Short open position is closed. "Buffer zone" in the first stage is replacing the Stop Loss, so if the price moves up and reach "Buffer zone" value in pips and an opposite direction position is open, a Long (Buy) position, this is marked "v2". See the picture below. The new Long (Buy) position is open instead of a Stop Loss. This is one of the headging technique to avoid taking the loss.  Sell Hedge cBot Download  The default volume sequence is : 1,1.4,1,2,2.5,3.3,4.4,5.9,8,11,15,20,27,36,48,64,85,114,153,204,272,363,484,645,860,1147,1530,2040 For the above default volume sequence, the ratio between "Average Take Profit" and "Buffer zone" must be greater than 3.5  Sample Testing: Example 1    Example 2     |
Free cBots for cAlgo and cTrader
 Currency Indices
Line Chart
 Currency Indices
Candlestick Chart
 Non US
Currency Indices
 Custom Currency 2 X MA Indicator
 Utility Z cBots
 Free Indicators
|
Free cBots >