The Hedging Master MT5
- Experts
- Antonis Michos
- Versione: 1.6
- Aggiornato: 18 novembre 2024
- Attivazioni: 10
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Source code also available for sale (serious offers only).
About the Signal
This signal runs the Hedging Master along with the Non Hedging Master
You can check performance stats .The signal’s settings (Version 1.3-1.4-1.5) are provided in Comment #7.
BE careful: set 1.1 from above is not working because one important input( close all ) has changed !!!Please note:
This EA (Expert Advisor) trades continuously. It’s normal for backtesting to show occasional issues; if it didn’t, the EA would be worth far more. You’ll need to monitor it closely. To help manage this, I use an input called “stop opening in general” set to -500. This lets me pause trading if drawdown (DD) increases, so I can evaluate and decide whether to restart or wait for price recovery. The EA generates profit continuously, along with rebate earnings!
MT4 Version
The Hedging Master EA uses a highly advanced hedging strategy to minimize risk across various trading approaches. Be sure to read and understand all user inputs before using.
Recommendations:
Pairs: Can trade any; preferred pairs are EURUSD and GBPUSD
Gold: Requires adjusted settings for risk management—add a zero to all “pips” inputs and adjust distances if necessary
Timeframes: Suitable for any timeframe. Lower timeframes increase trades (and risk). I use 1M and 5M for closer monitoring.
Magic Numbers: Use different magic numbers if running multiple charts in MT4.
Key EA Inputs Explained
Max starting positions (per side): Maximum buy and sell positions at the same time.
Starting lot: Lot size for initial positions.
Starting lot after first two-way lot: Lot size after the initial positions.
Multiplier (Martingale): Multiplier for subsequent positions.
Distance between trades (pips): Minimum spacing between trades.
Change Multiplier and distance after X lot: When lot size reaches X, adjust the multiplier and distance.
New multiplier (default 1.1): Multiplier to control lot size.
New distance after change lot: New distance between trades.
Min TP (in money): Minimum take profit in money to close the basket.
Max sells/buys: Maximum positions for buy/sell.
Max lot (martingale): Max lot size per position.
Stop loss (pips): Stop loss per position.
Close all if loss is MINUS X $$' :The EA will close all positions if loss is minus X money.
After X positions the EA will enable overlap: After X positions the EA will close a winning position with a losing one to reduce DD.
Key Risk-Control Inputs
Stop opening positions if DD is below X: Pauses opening new positions if drawdown falls below X.
Start opening positions if DD is below X: Resumes opening positions if drawdown improves past X.
Stop opening positions generally if DD is below X: Pauses all new trades if drawdown drops below X.
This is essential for EA control.
New Features in Version 1.1 (2024.11.05)
-
New input: "Restart after general DD is below X plus technical."
Automatically resumes trading when drawdown is below X and certain technical conditions are met. To disable, set a high value like -1,000,000. -
Two new buttons: Instantly pause or restart the EA from the chart, without relying on input triggers.
In my signal, I set the DD threshold at -220. If drawdown reaches -220, I assess conditions before deciding to resume or wait for market recovery, reducing risk on new positions.
Let me know if you need further tweaks!
Using for a week now on live account. So far good profit.