Closing hedged orders

Spotware
20 Apr 2016, 17:22

Dear Trader,

Could you please provide us with more information regarding your question, or rephrase it?

Unfortunately, we are not sure we understand what you mean.

Stokes Bay
20 Apr 2016, 19:20 ( Updated at: 21 Dec 2023, 09:20 )

Thanks, sorry for not being clear.

I have used MT4 and lets say i go long 5 lots. I want to scale out so i short 1 lot 5 times at each level i want to exit on.

In MT4 i am not partial closing but opening new contra orders. I can then right click and chose modify and offset the opening position with the new one - see below screenshot from MT4.

In ctrader can i only enter take profit orders when hedging? I cannot enter new orders and offset them?

Obviously i can open new orders and then close the orders but this will double commissions.

I am not making this about MT4 as i would prefer to use your software but just exploring how to use it.

Thanks.

t click on a position in the MT4 terminal and chose Modify and cancel out the original position

Spotware
22 Apr 2016, 10:37

Dear Trader,

We don't provide users with the ability to offset orders in the way you described. We will consider providing it in the future. Stay tuned. 

Additionally, you can post your ideas/suggestions to http://vote.spotware.com/

MK-cTrader
22 Jun 2016, 01:50

Have the same issue.

Maybe this helps

http://help.spotware.com/trading/positions#Close

Scroll down to close groups of positions 

This feature works only in cTrader web version !