When you trade with One-Way Mode, your positions can be 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 same trading pair.
Hedging is usually used to minimize 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 available for the following exchanges (only from the web version of the platform):
for DCA bots on Bybit Futures* (both Bybit Inv. and Bybit-USDT perp.);
for DCA bots on Binance Futures;
for DCA bots on OKX Futures;
SmartTrades and Terminal for other exchanges if they support Hedge mode.
⚠️Please keep in mind the following:
Bybit has a non-disconnectable hedge mode.
If you use sub-accounts on Bybit, you must be logged in and then enable hedge mode on the tokens per each sub-account.
How to set up Hedge Mode in 3Commas?
On the My Portfolio page, any accounts that support Hedge Mode and One-Way Mode will show a new button reflecting what mode you are in. You can click on it to toggle the mode:
When you click on the View button, you will have another toggle button to change between modes:
Note: Before changing modes, you must close any open orders and/or positions. Otherwise, the system will generate an error message.