PZ Hedging EA MT5
- Experts
- PZ TRADING SLU
- Version: 31.0
- Updated: 19 July 2024
- Activations: 20
Your safety net to turn losing trades into winners
Special Offer: Purchase now to receive free bonuses worth $180!
Have you ever taken a trade at literally the worst possible moment? Have you ever bought an asset just before a significant price crash?
Or perhaps you've gone short at the worst possible moment before a rip-off rally? I have. And it sucks. It's one of the worst feelings in the world. Like a kick in the groin. To come out unscathed and in profit from these situations, I developed PZ Hedging EA.
This EA will turn your losing trades into winners using a unique imbalanced hedging strategy. Once the initial trade moves into negative territory a predefined number of pips, the recovery mechanism will kick in: it will place a limited amount of alternative trades above and below the current price, until all of them can be closed with a small net profit.
[ User Guide | Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
Features
- Easy to use and supervise
- Trade easily using chart buttons
- Fully customizable position management
- Controlled and pre-calculated risk exposure
- Implements many automated entry strategies
- Trades micro accounts from $1,000
- Filter trading by forex sessions
How to get started
- Load the EA to any chart and timeframe
- Edit the settings until the risk is acceptable
- Trade using the chart buttons or Enable an entry strategy
- Let the EA work and book a profit
- Repeat!
Usage Tips
- Load the EA and trade using the chart buttons
- Don't trade any other EA in the same symbol
- Take only one initial trade per symbol -never two or more-
- If the buy/sell buttons are not displayed, it means the EA is busy
- The EA can trade many symbols independently at the same time
- But be careful: never, ever, load the EA twice on the same symbol
- There is no need to set a different Magic Number to trade different symbols
- Trade from a VPS or leave your trading computer turned on 24/5
- Try to never unload the EA to assure the atomicity of the process
- Big spread hikes affect the EA negatively. If possible, trade from a fixed spread account
- In fixed spread accounts, using a small zone proves beneficial for performance
- However, a safe zone for variable spread accounts is +100 pips
- Avoid taking a trade if you expect the market to stay flat
Technical Information
- The automated entries of the EA are evaluated at bar closing
- The EA uses pending orders, connection lag should not be an issue
- The EA won't trade live if there is risk of a margin call with current settings
- However, the EA will trade in the tester with any settings, regardless of risk
- The take-profit for the first trade is evaluated in stealth mode, no TP order is placed
- The EA trades a manual lot size: the tester won't reflect compounding profits
- The session filters are implemented in GMT time and only apply to automated entries
- Trades have no individual SL or TP because they are managed as a basket (a single deal)
- During a recovery, the EA can have many trades opened at the same time
- If the market gaps and a pending order is missed, the EA will hedge at market
Input Parameters
- Lotsize: Lot size of the initial trade.
- Break-even: Profit in pips at which the EA moves the stop-loss above/below the open price for the first trade.
- Break-even Behavior: Upon breakeven, the SL can be moved to the open price, or secure part of the profits.
- Trailing Stop: Trailing stop expressed as % of current trade profit.
- Trailing Step: Minimum increase in pips for the trailing stop.
- Take Profit: Stealth take profit for the first trade.
- Entry Strategy: The EA implements some automated entry strategies to facilitate backtesting.
- Trades: Max amount of trades to place during the recovery process
- Zone: Distance in pips between the alternative orders in the recovery process
- Behavior: The level of aggression of the recovery process
- Profit Target: Profit target in pips for the recovery process
- Trade Asian Session: Enable auto-trading during asian session
- Trade European Session: Enable auto-trading during europe session
- Trade American Session: Enable auto-trading during american session
- Magic Number: The EA uses the magic number to identify its trades
- Custom Comment: Enter your custom comment for trades
Buy today and unlock exclusive bonuses!
- PZ 123 Pattern Indicator (worth $75.00)
- PZ Cup and Handle Indicator (worth $75.00)
- PZ Order History Indicator (worth $30.00)
To claim these bonuses, simply send me a private message. I will provide the bonuses to actual buyers of the robot. To ensure it is you, please leave a review for the product first, or alternatively, provide the mql5 operation number of your purchase. I'll get back to you with your bonuses as soon as possible.
The price of this robot might increase next week!
We've introduced dynamic pricing for this indicator to reflect its true market value. With each sale, the price increases by $1, rewarding early buyers. If no sales occur within a week, the price resets to the original rate, with prices updated every Monday. This model lets the market decide the product's value, but there’s always a chance to grab your desired tools at a cheaper price if you prefer to wait.
Highly recommend for any forex trader. Excellent product, and even greater support. Thanks Arturo !