MetaQuotes Software Corp, the B2B software development company behind the popular MetaTrader Forex trading software has today announced that the MetaTrader 5 beta build 1281 featuring the hedging system has been released. Unlike the usual netting system, the hedging one allows conducting multiple trades even on opposite direction of the same symbol. Now, you can use the netting model to trade exchange instruments and the hedging one for currency trading using the MetaTrader 5 institutional platform.
The new system of positions is similar to the widely known system applied in MetaTrader 4. However, MetaTrader 5 offers enhanced order management capabilities: filling orders using multiple deals, including partial fills. If a trader has an open position at a symbol and performs a new deal, a new position is opened. That is the core idea behind the MetaTrader 5 hedging system. The trader can set Stop Loss and Take Profit levels, as well as see the profit level for each of the positions.
MetaQuotes invites everyone to join the public testing of the updated MetaTrader 5 multi-asset platform. In order to join the test, create a demo account on the MetaQuotes-Demo server and connect to it. The platform will automatically update to build 1281 and you will be able to create a demo account with the hedging position accounting system after setting the “Use hedge in trading” option in the dialog window. If you identify an error, please inform us via themql5.com forum or create a Service Desk request.
While testing, please consider the following:
- Subscription to trading signals from hedging accounts does not work.
- Trading on a new hedge account works correctly only in MetaTrader 5 build 1281 and later builds.
- Some trading robots may trade incorrectly on a hedge account.
- Scripts, Expert Advisors, and indicators compiled using the new MetaEditor build will not run on virtual hosting.
Apart from hedging, the MetaTrader 5 beta version features the updated user guide with tons of illustrations and video tutorials. Simply click F1 to get answers to most of your questions and enhance your knowledge of the platform.
To see the official release from MetaQuotes click here.