INCLUDE HEDGE SYSTEM IN ADVISOR AND CORRECTION OF METATRADER VPS MOUNT ERROR

AN EXPERIENCED PROGRAMMER IS REQUIRED TO INCLUDE A HEDGING SYSTEM IN EXPERT ADVISOR AND CORRECT INABILITY OF ADVSIOR TO MOUNT TO METATRADER VPS

THE PROGRAMMER WILL MODIFY EXISTING HEDGING SYSTEM AND ALSO INCLUDE HIS OWN PROVEN HEDGING SYSTEM TO THE EXPERT ADVISOR TO INCREASE 

THIS IS TO AID THE USE OF THE ADVISOR WITHOUT A STOPLOSS SYSTEM BUT RATHER A HEDGE SYSTEM

---------------------------------------------------------------------

Hedging 

Description

Hedging provides the opportunity to trade without stoploss. In the hedging strategy set up, when a main buy order is taken using the primary entry conditions above, 

but the buy fails to go into profit right away, an opposite sell hedge entry should be made by the advisor trigerred by a specific hedge drawdown amount and the stoploss

of the hedge placed at the hedge stoploss position.

Once a hedge position is opened for a signal, hedge position should be allowed to run until it reverses to come back and close at the breakeven value or the hedge stoploss.

Eevery simulatnaous order should be regarded as a main signal and hedge conditions should apply

Therefore provide these in the settings

HEDGE (TRUE/FALSE)

HEDGE AMOUNT(CURRENCY) ...... Eg. 5usd

HEDGE STOPLOSS..................Eg. 2usd

Break even for Hedge(True/false)

Break even amount...............eg 3 usd

(For example, using the settings above, This will mean that, when a buy order is placed and a drawdown of 5usd occurs, the drawdown should trigger the entry of an opposite hedge sell signal with the same lot size.

The stoploss of the hedge should be placed at 2usd from the hedge position.

If the hedge sell gains an additional 3 usd to the 5usd (8usd gain by hedge), the stoploss of the hedge should move to break even or opening price of the hedge position

HEDGING STRATEGY IMPLEMENTATION

Conditions for hedging

1. Signal order opens after filters have been applied

2. Signal order goes into drawdown of specified amount eg...5usd.

3. Drawdown activates opening of Hedge order

4. A hedge order with the same lot size as signal order opens

5. Hedge order runs into profit but it is allowed to reverse to breakeven  without any take profit feature

6.If hedge order does not go into gain, it is closed at the hedge stoploss and reactivated only when hedge drawdon value is reached

5. Hedge order closes allowing primary signal order to continue to run

6. Hedge order is reactivated anytime the drawdown value is reached.

NOTE

1. Hedge orders should only be placed at the hedge drawdown value. 

2. Hedge orders should not have take profit features 

Every main signal or simultaneous order can have one hedge position and the hedge position should only be opened at the level of the hedge amount(Hedge activation amount)