Parameters
Start / Stop New Trades
-
Spot Gold Symbol
-
Spot Future Symbol
-
Initial Lot Size
-
Hedge Distance
-
Lot Sequence
-
TP for Initial Trade
-
TP Sequence For Hedge
TP = Difference of all buy qty and all sell qty * pips
Include Spread/swap/commission in all transactions
-
Trigger pairs
- Trigger position count
-
Trade Closure
- Last trade Position Count
- Add Futures as last trade
- Future TP
- Close last trade
-
Parallel trades
- Max parallel trades
Initial Lot - 0.02; Hedge distance: 2
- Open Buy
- Set TP for Buy (TP for Initial Trade)
- If the price moves down to the hedge distance, trigger the Hedge trade with the first qty in lot sequence.
- Price moves down
- Remove the TP for Buy; check for TP for the combined trade
- If the price comes to 100, close the initial buy at 0 loss/profit and trigger a buy with the next qty in the lot sequence.
| Price |
Buy |
Sell |
| 100 |
0.02 |
|
| 98 |
|
0.04 |
- Price comes back to 100
- Check for TP for the combined trade
- If the price moves back to 98, check if more hedge is to be triggered or pair trades to be triggered. If pair trades
| Price |
Buy |
Sell |
| 100 |
0.02 0.08 |
|
| 98 |
|
0.04 |