Profitable hedging system
https://www.mql5.com/en/forum/140326
https://forum.mql4.com/50121
https://www.mql5.com/en/forum/140144
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Hello traders.
I have a hedging EA that I found in the code base. Basically all it does is randomly opens a buy and sell at the same. It opens new trades when current have been closed by take profit or stop loss.
Currently there are only 2 possible outcomes....either 1 loss 1 win or 2 losses.
What I want is a breakeven option added to the code...this would chage the possible outcomes to 1 loss 1 win or 1 loss 1 breakeven.
Simple logic- If price moves x amount of pips away from entry, price will continue twice that(x) distance.
The greater the stoploss/takeprofit, the greater the signigicance of the logic.
I think this system is profitable longterm. See for yourself!
It would be great if someone could add the breakeven.
Thanks!