Martingale Hedging EA

This EA is a typical Martingale Hedging EA.


It opens an order (for example: buy, 0.1 lot) and at the same time places a sell pending order in the opposite direction with a bigger lot size (for example: sell, 0.2 lot) at a certain distance (for example: 300 pips). 
If the price descends 300 pips this second order will be activated. If the price keeps going down, the first order (buy) will hit SL and the second order (sell)  TP. As the second order has a larger lot size than the first order, the total outcome will be profit (or break even).
If the price does not hit TP and SL, and goes up again, then a new pending buy order will be activated at an even bigger lot size (0.3 lot). This process will go on until the point where all the trades will hit TP/SL.
A pending order will only be placed as soon as the last pending order is activated.


Where this EA differs a bit from a standard Hedging EA one is that it has relatively little automisation and a lot of manual custom input fields.


The EA works independent from the time frame it operates in.


The EA should work with 5 digit as well as 4 digit brokers.
More details in the attachment.