Hi, There are multiple methods to close trades.
- General Protection
- Take Profit
- Stop Loss
- Price Level Stops
- Equity Losing Stop
- Equity Profit Stop
- Balance Losing Stop
- Drawdown Stop
- Friday Stop
- Trailing Loss Stop
- Break-even Stop
- Forex News Manager
It seems that there are a lot of news items (at the HIGH only setting to boot) that are closing trades before they ever get off the ground, and that it might be doing more damage than it prevents? IS this a fair observation?
If this is the case, do not use the news trade manager, it is designed to close trades when there is a high impact news.
You can choose not to close opened trades. The news manager will pause opening new trades and leave your existing trades running. Refer to the user guide for more information.