Hedging postions manually.to my surprise its working

Trading Systems Expert Advisors and Automated Trading
1

im sure this has been discovered already and possibly proven a failed strategy.

im not even sure how to explain what im doing. ill try my best in a example

eur/usd currently at 1.2545

i place buy orders at 50,60,70,80,90…and sell orders at 40,30,20,10…each one with a 10 pip limit
everytime a limt is hit…the order that was closed reopens but as an opposite order
say it was a buy position at 70 that closed out for 10pips…well right as it closes at 1.2580…a SELL entry order opens at 70 with ofcourse a 10pip limit…

kept as a continuouse cycle.
if the price goes one direction all day then it might be a losing day.(or a breakeven day minus all the spreads)…but if it is volatile with lots of ups and downs…it can be profitable

my question…is it possible to automate that???

2

let me throw in another thought that came across my head…since there are no stops…of course there will be a few positions that would be triggered but failed to hit the limit…lets say the losing positions started out as 5% of the account…after a few hours of this continuous cycle and equity growing…if it grows at all…that position may be less than 5%…even if it still is a massively negative position…the current equity of the account may still be higher that what the account started at for the day which wouldnt matter if u closed it anyway

BUT THEN AGAIN THESE ARE ALL THEORIES

3

Bad idea. You wouldn’t be able to exit and enter at the same time/price due to the spread. I would advise against this plan.