Zeta HedgeBot M5
- Experts
- Kenneth Parling
- Version: 1.0
- Activations: 7
Introduction
MetaTech Algo Invest presents to you our new expert Zeta HedgeBot M5 for Meta Trader 5. Actually, the correct technical term for this system is 'flip trading' but we still chose to give the system a name containing hedge as only it fits the type of expert for publishing and cataloging in the Mql5 platform.
So what is the definition of a flip trading system? In trading, the term "flip" is often used to describe a situation where a trader changes their position from long to short, or vice versa, often in a quick manner. This is usually done in response to changing market conditions that indicate a potential shift in the direction of price movements. For example, suppose a forex trader has a long position on the GBP/USD pair. This means they've bought GBP and sold USD, expecting the GBP to appreciate against the USD. If, however, new economic data comes out or a significant event occurs that suggests the GBP might depreciate against the USD, the trader might decide to “flip” their position. In practice, the trader would sell GBP and buy USD to close their long position and then open a short position by selling GBP and buying USD. Now, they are betting on the GBP depreciating against the USD.
The benefits of this expert
Easy to use and optimize and suitable for both the novice, the intermediate or the professional trader. Equipped with time filters for those who want to limit the expert to start a new cycle at their own favorable times. In addition, there is a spread filter that limits trading, start of a new cycle if the spread filter is activated as well as a cycle filter that limits the expert's number of cycles if activated as desired. Preset to trade directly on Forex pair EURUSD and time frame M1. You can of course use the expert on other forex pairs as well, but remember that it must be optimized before it is used on the desired pair.
To think of
It is advantageous to use the expert on the time frame M1. Make sure your deposit is sufficient for the expert's trade, this is ensured by an optimization in the strategy tester. The expert uses lot exposure/doubling and this is basically set to 2.2. In order to win positions and profit from them, this should always be at 2 or above according to your own wishes/deposits.
The expert's menu categories
- You are referred to the screenshots