I understand it is not possible to scale out of a trade in automatic trading. Since this can not be achieved within the same strategy, is it possible to have two strategies running in parallel?
- System 1 (EUR/USD-TP) – Takes profit at 80 pips. System 1 is then flat on market.
- System 2 (EUR/USD-SL) – Enters at the same time as System 1, but does not sell the position. Instead it uses SL?
Will ProOrder see this as two different strategies or will it terminate both positions in the case of:
- Sell at market command
- STOP LOSS is met?
Thanks.
Will ProOrder see this as two different strategies
Yes provided they are two separate Systems.
Escalade position to position is possible.