When you trade with One-Way Mode, your positions are open only in one direction - Long or Short.
Hedge Mode allows you to keep a long and short position at the same time for your trading pair.
Hedging is usually used to minimize the potential losses and protect the positions, no matter what are the market conditions, but it does not provide 100% risk-free trading opportunities! That's why it is better to use Hedge mode with caution and after thorough research about this strategy!
🔥Hedge mode is now available for DCA bots on Binance Futures!
🔥It's also available in Terminal for other exchanges now (if it supports Hedge mode)!
🚨NOTE! For other exchanges and Binance Futures hedge mode is available on SmartTrades and only from the web version!
🚨Bybit has a non-disconnectable hedge mode - thus Bybit-USDT perp. contracts can only be traded on SmartTrades and only from the web version!
Hedge Mode in 3Commas
When you click on your account, you will have another toggle button to change between modes.
Note: Before changing modes you have to close any open orders or positions. Otherwise the system will generate an error message.