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Hedging Strategy EA

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Automatically hedge the open order after initially opening a trade. 

Important Notes:

- Hedging account is required.(Check on your broker)      

- Magic no./Expert ID should be set upon placing an order. Magic# is set per currency pair. Use a Script/Indicator. Try this. 

Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

- Auto Trade >>> should be disabled on live account. It is for testing purposes only.

- Moving Average Period >>> open a trade if price closed below/above the MA Period. (Auto Trade is enabled)

- Last Candle Size in Pips >>> open a trade if last candle X pips closed above/below MA Period

- Time Frame >>> Moving Average Period Time Frame

- Lot Size >>> used if Auto Trade is enabled

- Buy Order Magic# >>> set the Buy Magic# based on open buy Magic#

- Sell Order Magic# >>> set the Sell Magic# based on open sell Magic#

- Buy/Sell Magic# should not be the same

Risk/Reward:   Hedging will stop until Take Profit is Hit or Free Margin is not enough to open another trade. If your Take Profit is not Hit yet, please take note that you'll lose the trade if there's no enough money/free margin left to open another trade. Hedging Strategy is limited based on your account size and initial order lot size. It means that you'll only have a number of consecutive stop losses it can take based on your free margin.

Please refer to screenshot.

1 - Sends order automatically based on last candle size and moving average period. Use only in strategy tester, disable in live trading.

2 - Lot size when Auto Trade is enabled.

3 - Last candle size to enter a trade.(Auto Trade is enabled)

4 - Moving Average Time Frame

5 - Moving Average Method

6 - Moving Average Period

7 - Matched the buy order magic number with your buy placed order magic no., then set #8 any different sell magic no.

8 - Matched the sell order magic number with your sell placed order magic no., then set #7 any different buy magic no.

9 - Max Spread Value

10 - Delete orders if current spread > max spread value set

11 - Cancel limit order if 1:1RR is already reached

12 - Cancel limit order if price closed above/below moving average

13 - Cancel limit order when no. of new candles reached after placing an order

14 - No. of new candles 

15 - Close orders if there's no enough money/margin left to trade

DEMO version download:

Download the 'Hedging Strategy EA DEMO' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

FREE Tools:

https://www.mql5.com/en/market/product/60301  - Order Management Script

https://www.mql5.com/en/market/product/77073  - Fibonacci Entries

https://www.mql5.com/en/market/product/77072  - ADR Pips Meter

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TakePropips TradePad Pro , güçlü bir ticaret yöneticisi, para birimi gücü ölçer, hesap raporlama araçları, risk yönetimi araçları ve daha fazlasını içerir! Karşılaşacağınız en gelişmiş forex ticaret yöneticisi ve ticaret asistanlarından biridir! Ticari işlemleri yönetmenin daha verimli bir yolunu isteyen tacirler için mükemmel bir çözümdür. Kullanım kılavuzunu blog yazımızdan indirebilirsiniz:   https://www.mql5.com/en/blogs/post/751180 Bu ticaret sistemini Strateji Test Aracında test edebilirsi
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
EA send order’s information in MT4 to Telegram channels MT4 Telegram Signal Provider EA is The Best MT4 to Telegram Utility on the Market  for anyone who wants to become a Professional Telegram Signal Provider SIMPLE, but  POWERFUL  and PROFESSIONAL It will send the  Signals and Reports  to your Telegram channels , base on your orders in Metatrader 4 program Want to send your signals to many platforms like Facebook, Twitter, Blogger, Wordpress...? No problem , let use  IFTTT to connect your Tel
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
This tool will help you in managing your open trades and open new ones in both automatic or manual way. It's an hybrid tool, that can be half an Expert Advisor and half a pure utility to interact with trades opened by the user by handling them in an automatic way to be able to keep the equity safe when the account is unsupervised. Main features are: a clear and simple status panel, containing all the information about open trades and next automatically positions that the tool will open if the us
Yazarın diğer ürünleri
Moving Average Alert
Christianiel Robles Faustino
3 (1)
From  USD 49 to USD 39 Objective: To notify/alert traders if price touched  or  closed above/below the moving average. Features/Settings: Moving average method supported: Simple, Exponential, Smoothed and Linear Weighted Works on all currency pairs. Set the Moving Average Period/Shift value Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Set the Applied Price: Close, Open, High, Low, Price, etc. Set the Candle Size Type: Full Length or Body Length Set the Candle Size to Trigger an Al
Pips Meter ADR
Christianiel Robles Faustino
Objective: To show on the chart the current pip sizes of ADR, Spread, Bars, Day, Risk Reward and Shift Candle. Inputs: Select in which corner it will be displayed Set the X position of the indicator Set the Y position of the indicator Set the Font Style Set the Font Size Set the font color of current and last bar size Set the ADR font color Set the Spread color Set the day color Show/Hide the normal maximum spread on some symbols, suggested risk reward ration and last shift candle size
FREE
Fibonacci Entries
Christianiel Robles Faustino
Objective: To automatically show the Fibonacci entries from last candle. Inputs: 1.        Show/Hide the Fibonacci entries 2.        Set where the Fibonacci will draw, 0 = current, 1 = last bar … (Default = 1) 3.        Set the Fibonacci color 4.        Set the line style 5.        Set the minimum candle size automatically/manually in which the fib levels will appear 6.        Set the candle size based on ADR/X Fibonacci levels: 23.6, 38.2, 50  Other Tools: https://www.mql5.com/en/market/product
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Order Management Script Tool
Christianiel Robles Faustino
5 (1)
============ FREE ============= Objective: To properly manage risks and quickly execute trades Works on all timeframes and  currency pairs Quickly place a trade Prevents bad entries when executing a trade by limiting max spread Set your entry and stop loss at better price  Set fixed risk amount/percentage per trade Automatically calculate position/lot size based on risk amount/percentage Set proper stop loss level by setting min and max pips Other Tools: https://www.mql5.com/en/market/produc
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Horizontal Line or Level Alert
Christianiel Robles Faustino
5 (1)
This is a Indicator that Alert if price closed above/below/touched the line. Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to Mobile MT4, Email Input notes on alert Add multiple line alerts in a single chart Refer to screenshot: 1 - Time Frame 2 - Long/Short Position 3 - Get the highest open/closed price
=============================== FULL VERSION ==================================== >>>>> PRICE DROP from $99 to $49 limited time only <<<<<<  BTMM TRADING MANAGER Objective: Trading Manager EA Robot helps manage your multiple orders specially with BTMM Strategy with proper risk reward ratio. It will lessen your time to monitor your multiple trades from time to time. Trade hassle free using this tool. Important Notes: - Auto Trade will automatically send order if shift candle closed above/below th
Cloud Eyes is an advanced moving average alert that   will easily monitor the price action based on set moving averages to multiple open charts.  Objective: To monitor multiple open charts and notify traders conveniently in a single display panel when using the moving averages to enter/exit a trades. Features: Monitor price action in two timeframes at the same time Supports simple, exponential, smoothed, linear weighted moving averages Trigger an alert based on candle size (full/body length) Ca
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Sürüm 7.4 2021.12.11
Added:
- Support on other products (Indices, Metals, Commodities, Cryptocurrencies, Instruments)
Sürüm 7.3 2021.12.10
Changed:
- Adjust average spread on each symbols
- Customize last bar size and auto SL on your preferred settings
Sürüm 7.2 2021.12.08
Changed:
- Auto retrieve magic # on opened orders
Sürüm 7.1 2021.12.07
Added:
- When enable, automatically close orders when spread is too big or there is a news.
- Automatically calculate stop loss and entry from Auto Trade(Strategy Tester)
Sürüm 7.0 2021.07.27
Information:
- Auto trade will only run on testing mode.
Sürüm 6.9 2021.07.26
Changed:
- Auto Remove EA if there's no open orders
Sürüm 6.8 2021.07.16
Changed:
- Additional checks to start EA
Sürüm 6.7 2021.07.13
Fixed:
- Output messages
Sürüm 6.6 2021.07.13
Fixed:
- Auto Cancellation of Buy/Sell Limit orders when price closed below/above MA and 1:1RR reached
Sürüm 6.5 2021.07.06
- Fixed sending order error when Auto Trade is Enabled