Metatrader 4 Question

[mikekcau 10]

G'day guys,

I hope im putting this thread in the correct section..

I just wanted to ask all u mt4 users out there, how do u net lot positions?

 

For example, just say I buy 1 Lot and then 5 mins later I sell .5 lot, instead of having 2 trades open (1 buy and 1 sell), how can I net the positions so it just says appears as 1 trade showing .5lot long?

 

I know its possible cause Ive done it b4 but ive since forgotten.

 

The reason I ask this is that not having the ability to net positions is really confusing when u scale in, and it makes it hard when u want to close the positon cause u have to open up every trade manually and close them all.

 

any help would be appreciated guys!

[JustMega 10]

I believe you right click your position then select 'close order'. Change the volume to .5 lots, then execute/close.

 

This is only for immediate execution. I'm still trying to figure out how to set up the same but w/ stops & limits. I know there is a T/P feature but that only allows you to T/P on the whole position and not break them up into pieces. The only other viable option which the NFA is killing on the 15th is hedging the position. Although from what I've read FXDD will continue to allow it.