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Orions Speed Hedging

140 USD

Demo downloaded: 26

Published: 1 May 2023

Current version: 1.2

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Orions Speed Hedging

Experts
Umberto Boria
Version: 1.2
Updated: 16 July 2023
Activations: 5

A simple and automatic method to win in forex, with good liquidity and big balance.
This tecnique is based on relaunch Martingale, so if you have small balance, your account is on risk.
The EA monitor constantly the free margin, but this thing isn't always warranty of win.
If you have a small balance, I suggest to use an account in cents, Min Trade Volume equals to MINLOT and at least 5 of "max orders".

The higher the "max orders" , the higher the odds of winning and the profits, the higher the capital needed and the risk.

This EA is good for symmetric instruments, so EURUSD and other forex . Also good for indexes in lateral movement.
If you don't take the right direction, the algorithm will create a cage (or tunnel of 10 pips) in which to raise continuously in the opposite direction so that overall the operation ends in profit.
You can use a filter on the times and be sure of sufficient liquidity to raise both at launch and during operation.
To open your first trade you need to have good controlled volatility with ATR and RSI indicator to evaluate price retracements.

The parameters are:
-MinAtr : to activate the bot
-RSIperiod : to control price stress
-Min Trade Volume : the volume of the first order
-Max Orders : max number of relaunch, the first include. This number will be checked by Free Margin Function and eventually correct.
-TrailingStop : move SL and TP only in the first order if the cage not be activated.
-TrailingStopMax : move SL and TP only in the good direction if the max relaunch is reached up and the total profit is positive.
-MagicNumber : Magic Number of the bot that can be parameterized to use on the same platform with multiple crosses.
_Check Time_ : possibility to have it operate only in moments of greater market volatility (recommended)
-Max Hours open last trade : automatic closure of the whole operation when it lasts for too long
_Money Management_ : This parameter enable the followings functionalities.
-% Min Free Margin before open : Check how much free margin is available before opening other positions on raise. 0 to disable this check.
-% Max of drawdown : Close all orders when the DD overcome this percentage thresold. 0 to disable this check.

Use the comments to suggest improvements.
Thank you.

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You have good intuitions, but you want more from your trade ... or you are a tireless hedger . Would it be very useful for you if the TP moves further and further with configurable response times and offsets price ? Imagine: You have a buy order on a bullish day on Dow Jones. You set a "take profit" at 200 points, but you know he can give you more! Attach "Orions Move Target" to any chart and it will pass all the open orders in the terminal, moving them following these 3 trivial parameters: 1) "

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Version 1.2 2023.07.16

Trailingstop (on first and last order) and robust money management have been added.
Rewrite news filter.