Cross Hedge EA
- Experts
- Manpreet Singh
- Version: 3.3
- Updated: 15 December 2023
- Activations: 13
Cross Hedge EA
Cross Hedge EA is a hedging EA which helps you recover the losing trade in a very tricky way based on "Zone Recovery Algorithm".
It Hedge with an increased lot size based on multiplier factor in the market direction and if market reverse its direction again then it open a incremental lot in the current market direction. Doing this way it ends with a profit no matter in what direction the market will move.
Live Signal - https://www.mql5.com/en/signals/2264260
Use Cent account with $100 deposits for gold or $10,000 for regular account.
For Example
Let's say you have entered into the market with a "buy" position with 0.01 lots and Pips Gap = 50 pips and Profit Money=10$.Cross Hedge EA places a "Sell Stop" order to hedge your position at a predefined distance instead of a Stop Loss.
So market either moves in the direction where initial trade need to go or move in reverse directiona, so if market moves in reverse direction then our "Sell Stop" get triggered which has lot size greater than the initial lot size. So both the trades get closed when global profit reaches $10, You can have the chance to win on both sides.
NOTE:- WHEN YOU DOWNLOAD EA TO EITHER TEST OR PURCHASE, CONTACT ME PERSONALLY FOR INPUTS AS DEFAULT INPUTS ARE VALID FOR GOLD M15 CHART.
Factors need to be consider
- EA can be used on high volatility Indices, Metals & Forex. (DE30/40, US500, US30, UK100, Gold etc)
- DAX, US500, Volatility Index & high volatile crypto pairs best suitable for the EA.
- For Indices like DAX and US500 opening time of market is best to initiate the trade.
- After purchasing please contact personally set files/input settings.
- EA should be used on volatile market pairs only.
- Always begin with small lot don't take bigger lot initially.
- Use M15 chart for small profit targets and higher TF for large targets.
Inputs
Major settings are
- Initial Lot - Is the beginning lot size you want to start with
- Increamental Mode - Addition of lot to previous lot.
- Lot Martingale - Is the multiplier factor, 1.6 value symbolise that next "Stop order" will be 1.6 times the previous opened trade.
- Hedge Gap Pips - Is the distance in pips between buy and sell orders.
- CLose Money - Is the money in USD to close all running orders and pending orders once this value reaches on global profit space
- Start/End Time - This setting help alot to gain max profit and minimise risk by trading on right time.
Note :- Do not consider default settings as final settings please contact me before testing and making any conclusion about the EA. Get settings as per the pair you want to trade. This strategy is a risky strategy only should be used on large account sizes like more than 4000usd.
