PSI Close By Hedge Partial Closes
- Utilities
- Damyan Malinov
- Version: 1.7
- Updated: 14 September 2021
PSI Close by Hedge script closes out balanced trades. It is much more easier and cost efficient to use hedges (limit order by the One Click Trading) to partially exit at better prices.
As you get filled and control you break even price and net position with PSI Average Price the script will close the positions from oldest to newest.
It also prints valuable information in the Expert tab about the overall position before and after the script.
You can chose to cancel automatically any remaining Pending Orders upon successful close by hedge of all orders.
Check out also the Position Smart Indicator - a powerful Money Management tool (and much more) both useful for Price Action and Algo traders.
It has tons of features like mapping Forex Sessions, Average Price, Institutional Levels Grid, Auto Maps Major Highs and Lows, All-time and Daily results, Exposure, Swap, Spread, Commissions, Margin, Stop-out Level and other concepts inspired by the Free YouTube Content of NNFX (No Nonsense Forex) and ICT (The Inner Circle Trader) Channels as well as some of the most popular funded programs and their requirements thus making it very useful and flexible for wide variety of users.
Highly recommended for funded accounts or challenges in order to observe lot size exposure or daily draw-down requirements.
Very useful tool. Very good and prompt support.