Hi Apprentice,
The idea is more of a protection to have a auto placed hedge when trade is open and close if not activated and to manually override limits if hedge is activated without one trade closing both
As soon as trade is open a hedge would be of same value would be placed, (parameter setting would define the distance from original open trade, like in the one click trading at market), but if original trade does not activate hedge then on close of original trade the placed hedge trade would cancelled (as many times forgot hedge was still placed).and if the placed hedge is activated must be able to override any limits and close one of the trades without other closing
Susan