New article MetaTrader 5 features hedging position accounting system has been published at mql5.com:
The MetaTrader 5 platform was originally designed for trading within
the netting position accounting system. The netting system allows having
only one position per financial instrument meaning that all further
operations at that instrument lead only to closing, reversal or changing
the volume of the already existing position. In order to expand
possibilities of retail Forex traders, we have added the second
accounting system — hedging. Now, it is possible to have multiple
positions per symbol, including oppositely directed ones. This paves the
way to implementing trading strategies based on the so-called "locking" — if the price moves against a trader, they can open a position in the
Since the new system is similar to the one used in MetaTrader 4, it
will be familiar to traders. At the same time, traders will be able to
enjoy all the advantages of the fifth platform version — filling orders
using multiple deals (including partial fills), multicurrency and
multithreaded tester with support for MQL5 Cloud Network, and much more.
Now, you can use one account to trade the markets that adhere to
the netting system and allow having only one position per instrument,
and use another account in the same platform to trade Forex and apply
A position accounting system is set at an account level and displayed in the terminal window header and the Journal:
The new trade operation type has been added for hedging accounts —
closing a position by an opposite one. This operation allows closing two
oppositely directed positions at a single symbol. If the opposite
positions have different numbers of lots, only one order of the two
remains open. Its volume will be equal to the difference of lots of the
closed positions, while the position direction and open price will match
(by volume) the greater of the closed positions.
Compared with a single closure of the two positions, the closing by an opposite position allows traders to save one spread:
Author: MetaQuotes Software Corp.
Does MQ intend to bring net positions accounting to MT4? So that if the user wants, they can use netting? This would make closing [all] positions much faster as only one request would be needed vs several individual tickets sent to server.
Mt4 needs this improvement. More so than mt5
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