NZDCAD Grid Hedging 50 Pips (Type A)

0.02 lot size.

I am applying Grid Hedging (Type A) trading management to NZDCAD.

I will enter buy and sell trades. Close trade when the trade is in 50 pips profit and open another 2 buy and sell trades.

When buy trades more than sell trades, if last buy trade is 50 pips profit, I will close all trades.
When sell trades more than buy trades, if last sell trade is 50 pips profit, I will close all trades.
I will close all trades when total profit/loss of opened and closed trades has hit $60.