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 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;
SmartTrades and Terminal for other exchanges if they support Hedge mode.
Please keep in mind that Bybit has a non-disconnectable hedge mode.
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.