DYJ Hedging
- Experts
- Daying Cao
- Version: 2.8
- Updated: 7 July 2020
- Activations: 5
The DYJ Hedging is based on the following idea: crossing of two Moving Average lines (Fast and slow ) is used as a signal for opening positions.
The DYJ Hedging searches for position opening conditions only on a new bar (performs operations at the moment of new bar emergence), while Total Profit is controlled on every tick. When a condition for opening a position is found (a check is performed for the Base symbol on which the EA is running), the EA opens two positions at once: on the Base symbol and on the Hedge symbol.
An example of launch on the EURJPY symbol, while the Hedge symbol is USDJPY:
Note: MT5 backtesting cannot simulate all currency signal markets!
Input Parameters
- InpMagic = 14549924 -- magic number
- InpBasePairs = GBPUSD,EURUSD,USDJPY,USDCHF,XAUUSD,XAGUSD,USDCAD -- Comma-separated list of hedge symbols .
- InpHedgePairs = USDJPY,EURJPY,USDCHF,EURCHF -- Comma-separated list of hedge symbols . not used if empty;
- InpPercentRisk = 0 -- Risk (%) [0=False]
- InpLots = 0.1 -- Lots
- InpTotalProfit = 50 -- Profit target for closing all positions
- InpTotalLoss = 1000 -- Loss target for closing all positions
- InpEquityDelta = 1.1 -- Equity target multiple for closing all positions
- InpBaseMaxOrders = 1 -- Base Pairs Counts
- InpMaxOrders = 1 -- Max Orders
- InpMaxSpread = 20 -- Max Spread
- InpPipStep = 300 -- Order step
- InpTakeProfit = 0.0 -- TakeProfit
- InpStopLoss = 0.0 -- StopLoss
- InpTrailingStop = 0 -- Trailing Stop (in pips)
- InpTrailingStep = 0; -- Trailing Step (in pips)
- InpIncreasedProfit = 10 -- Increased Profit($) for GrowthRat
- InpDistanceDivisor = 3 // Pending Distance fraction. Do not use pending if it is 0.