Choosing Trade Directions: Long, Short, or Both

TradeShields provides the flexibility to trade in one or both directions:

• Long and short: The strategy will open both buy (long) and sell (short) trades when conditions are met.
• Long only: The strategy will only open buy trades and avoid sell trades.
• Short only: The strategy will only open sell trades and avoid buy trades.

How to configure:

1. Navigate to General Settings and locate the Trade directions input.
2. Choose one of the following options:
   • Long and short: Take advantage of all trading opportunities.
   • Long only: Useful in bullish markets or when trading upward-trending assets.
   • Short only: Useful in bearish markets or when trading downward-trending assets.

Example:

• If you’re trading gold (XAUUSD) in an uptrend, select Long only to focus on bullish setups.
• For a downtrend in the S&P 500, select Short only to capture bearish moves.

Tips:

• Use Long only or Short only to align with the dominant trend and reduce unnecessary trades.
• For range-bound markets, Long and short can capture both upward and downward swings.