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Hedge Trade Manager

5

EA Name: Hedge Trade Manager

Description: The "Hedge Trade Manager" EA is a comprehensive tool designed for MetaTrader 4, tailored to manage trades efficiently using a hedge trading strategy. The EA incorporates various settings to provide flexibility and control over hedge trades. This documentation outlines the inputs and parameters to help you configure the EA according to your trading preferences.

Strategy:

This Ea will place a hedge trade whenever the last trade reachs some x pips loss. The trade could be either placed from an ea or manually. There are multiple configurations to set the takeprofit of the hedge trades. Based on the profit settings hedge trades will be closed.

Overall Settings/Input Guide

Name Setting Description
General Settings Marks the start of the general settings section.

Trade Comment Defines the trade comment as "HTM Trades."

Show Logs Determines whether to capture logs; currently set to false.
Magic Number Input Specifies the magic number as 20131111.
Hedge Settings Indicates the start of the hedge settings section.
Enable Hedge Enables or disables the hedge; currently set to true.

Hedge Distance Specifies the hedge distance as 10.
Hedge Lot Increase Mode Determines how the lot size is increased in the hedge; currently set to MULTIPLY (1).

Hedge Increase Factor Sets the increase factor for the hedge as 2.

Max Hedge Step Sets the maximum hedge step as 9999.

Hedge Execution Mode Specifies the execution mode for the hedge; currently set to PENDING (2).

Hedge SL/TP Mode Specifies the stop loss and take profit mode for the hedge; currently set to FIXED_AMOUNT (1).
Hedge Fixed Stop Loss Sets the fixed stop loss for the hedge; currently set to 0 (disabled).

Hedge Fixed Take Profit Sets the fixed take profit for the hedge as 2.

Hedge Equity % Stop Loss Sets the equity percentage stop loss for the hedge as 10.

Hedge Equity % Take Profit Sets the equity percentage take profit for the hedge as 2.

Important Note: Before deploying this EA in a live account, it is highly recommended to thoroughly test it in a demo account to ensure it meets your requirements and functions as expected.

Feedback and Support: We welcome your feedback and suggestions. If you have any improvements or ideas for this product, please share your thoughts. Your feedback is crucial in enhancing the functionality and user experience of our products.

Enjoy trading with Hedge Trade Manager! If you find this EA useful, we appreciate your reviews and recommendations to help us continue developing high-quality tools for traders like you.


Bewertungen 2
Zhong Liang Zhao
416
Zhong Liang Zhao 2024.08.26 01:00 
 

admirableness,if would be nice to have planel to operate.

Ashan Haseem
60
Ashan Haseem 2023.12.15 13:16 
 

Very useful.. Hedging is not for everyone. But with the help of this tool even a beginner can give it a try. Highly recommended.

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Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Risk Manager for MT4
Sergey Batudayev
4.56 (9)
Expert Advisor Risk Manager für MT4 ist ein sehr wichtiges und meiner Meinung nach notwendiges Programm für jeden Trader. Mit diesem Expert Advisor können Sie das Risiko in Ihrem Handelskonto kontrollieren. Die Risiko- und Gewinnsteuerung kann sowohl monetär als auch prozentual erfolgen. Damit der Expert Advisor funktioniert, hängen Sie ihn einfach an das Währungspaardiagramm an und legen Sie die akzeptablen Risikowerte in der Einzahlungswährung oder in % des aktuellen Guthabens fest. PROMO
MT4 to Discord
Trinh Dat
4 (5)
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
Bar Replay MT4
Hoang The Manh
3.43 (7)
Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
Trade copier MT4
Alfiya Fazylova
4.52 (29)
Trade Copier ist ein professionelles Dienstprogramm zum Kopieren und Synchronisieren von Trades zwischen Handelskonten. Das Kopieren erfolgt vom Konto / Terminal des Lieferanten auf das Konto / Terminal des Empfängers, das auf demselben Computer oder vps installiert ist. Vor dem Kauf können Sie die Demoversion auf einem Demokonto testen. Demoversion hier . Vollständige Anweisungen hier . Hauptfunktionalität und Vorteile: Unterstützt das Kopieren von MT4> MT4, MT4> MT5, MT5> MT4, einschließlich M
Take a Break
Eric Emmrich
5 (26)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
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
Hedge Assistant
Fernando Jose Anton
Einführungsangebot - Die ersten 150 Einheiten für 30 USD, einschließlich der MT4- und MT5-Versionen - Nach dem Verkauf dieser Einheiten kehrt der Preis auf den regulären Wert von 107 USD zurück Hedge Assistant - Der Hedge Assistant ist ein intuitiver Expert Advisor (EA), der entwickelt wurde, um Hedge-Operationen zu vereinfachen. Dieser EA unterstützt zwei Hedge-Strategien: einfach und doppelt. Weitere Details zu diesen Strategien finden Sie in den erklärenden Videos auf unserem YouTube-Kanal (
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
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The Nadaraya Watson Envelop indicator for MT5 is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notific
Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
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3.55 (11)
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Product Name: Grid Trade Manager MT5 Description: The Grid Trade Manager EA for MetaTrader 5 is meticulously crafted to oversee trades employing a grid trading strategy. It strategically places a sequence of pending buy and sell orders at predefined intervals, forming a grid pattern. This EA vigilantly monitors market fluctuations, dynamically adjusting the grid to optimize potential profits. Additionally, it incorporates robust risk management features to control grid size and curtail potential
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2 (1)
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Telegram Signal Sender
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5 (1)
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Close Manager MT5
Biswarup Banerjee
Close Manager EA for MetaTrader 5 Introduction: Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits. You can find the MT4 version here Key Features: Logs Capture (SHOW_LOGS): Enable
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Risk Management Panel is unique to tool calculate your risk quickly and place trades based on your account money. There are two options for the user  Account Equity Account Balance Tools like these is specially useful when you have to take a quickly decision about your trade but dont have the time to calculate the risk. It works with magic number. So the advantage is a trade placed by this panel could be manipulated by the other expert advisors as well
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Angle Of Price
Biswarup Banerjee
1 (1)
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Description This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction. If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots). If
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example for example if we hav
Confluence Indicator is unique indicator which collects differnt popular indicators and analyzes their data. It decides an overall trend with its strength. It is not only helpful for identifying the the current picture of the market but also helps traders to stay away from non trending market. It maximize the chance of winning by giving an aggregate picuture of markets best reliable technical indicator settings There are total 7 types of signal which this indicator provides. Each candle will sho
STM Trade Panel
Biswarup Banerjee
Simple trade manager panel is a very usefull utility which gives the trader a flexibility to place orders and close them by profit and loss amount . It also helps in trailing the profit with amount.  It works seamlessly on mt4 terminal. It has features to close specific order type or close all trades Features in nutshell Stoploss ,Takeprofit and Lot size control Book Profit based on amount Cut Loss based on amount Trail Profit after some time Close specific order Type Close all orders
Auswahl:
Zhong Liang Zhao
416
Zhong Liang Zhao 2024.08.26 01:00 
 

admirableness,if would be nice to have planel to operate.

Ashan Haseem
60
Ashan Haseem 2023.12.15 13:16 
 

Very useful.. Hedging is not for everyone. But with the help of this tool even a beginner can give it a try. Highly recommended.

Antwort auf eine Rezension
Version 3.0 2024.01.08
corrected 3rd lot onwards
Version 2.0 2023.11.13
made magic number checking optional