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Hedging Strategy EA

================== FULL VERSION =====================

Automatically hedge the open order after initially opening a trade. 

Important Notes:

- Hedging account is required.(Check on your broker)      

- Magic no./Expert ID should be set upon placing an order. Magic# is set per currency pair. Use a Script/Indicator. Try this. 

Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

- Auto Trade >>> should be disabled on live account. It is for testing purposes only.

- Moving Average Period >>> open a trade if price closed below/above the MA Period. (Auto Trade is enabled)

- Last Candle Size in Pips >>> open a trade if last candle X pips closed above/below MA Period

- Time Frame >>> Moving Average Period Time Frame

- Lot Size >>> used if Auto Trade is enabled

- Buy Order Magic# >>> set the Buy Magic# based on open buy Magic#

- Sell Order Magic# >>> set the Sell Magic# based on open sell Magic#

- Buy/Sell Magic# should not be the same

Risk/Reward:   Hedging will stop until Take Profit is Hit or Free Margin is not enough to open another trade. If your Take Profit is not Hit yet, please take note that you'll lose the trade if there's no enough money/free margin left to open another trade. Hedging Strategy is limited based on your account size and initial order lot size. It means that you'll only have a number of consecutive stop losses it can take based on your free margin.

Please refer to screenshot.

1 - Sends order automatically based on last candle size and moving average period. Use only in strategy tester, disable in live trading.

2 - Lot size when Auto Trade is enabled.

3 - Last candle size to enter a trade.(Auto Trade is enabled)

4 - Moving Average Time Frame

5 - Moving Average Method

6 - Moving Average Period

7 - Matched the buy order magic number with your buy placed order magic no., then set #8 any different sell magic no.

8 - Matched the sell order magic number with your sell placed order magic no., then set #7 any different buy magic no.

9 - Max Spread Value

10 - Delete orders if current spread > max spread value set

11 - Cancel limit order if 1:1RR is already reached

12 - Cancel limit order if price closed above/below moving average

13 - Cancel limit order when no. of new candles reached after placing an order

14 - No. of new candles 

15 - Close orders if there's no enough money/margin left to trade

DEMO version download:

Download the 'Hedging Strategy EA DEMO' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

FREE Tools:

https://www.mql5.com/en/market/product/60301  - Order Management Script

https://www.mql5.com/en/market/product/77073  - Fibonacci Entries

https://www.mql5.com/en/market/product/77072  - ADR Pips Meter

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What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
Averaging Helper
Sergey Batudayev
5 (2)
Averaging Helper - This sort of trading helper instrument will help you average out your previously unprofitable positions using two techniques: standard averaging hedging with the subsequent opening of positions according to the trend The utility has the ability to sort out several open positions in different directions at once, both for buy and for sell. For example, you opened 1 position for a sell and the second for a buy, and they are both unprofit, or one is in the unprofit and one is in
This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry - Extreme - Extreme) REM (Reentry - Extreme - MHV) RRM (Reentry - R
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------
This is an Expert Adviser use for manual trading as a background EA or combine with external EA to open orders. Loss Recovery Trading is one of your options to handle the lose positions instead of using stop loss by setting a zone recovery area and target to exit the turn rounds sequence. How It Work? If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first
Bots Builder Pro MT4
Andrey Barinov
5 (1)
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
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Moving Average Alert
Christianiel Robles Faustino
3 (1)
From  USD 49 to USD 39 Objective: To notify/alert traders if price touched  or  closed above/below the moving average. Features/Settings: Moving average method supported: Simple, Exponential, Smoothed and Linear Weighted Works on all currency pairs. Set the Moving Average Period/Shift value Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Set the Applied Price: Close, Open, High, Low, Price, etc. Set the Candle Size Type: Full Length or Body Length Set the Candle Size to Trigger an Al
Pips Meter ADR
Christianiel Robles Faustino
Objective: To show on the chart the current pip sizes of ADR, Spread, Bars, Day, Risk Reward and Shift Candle. Inputs: Select in which corner it will be displayed Set the X position of the indicator Set the Y position of the indicator Set the Font Style Set the Font Size Set the font color of current and last bar size Set the ADR font color Set the Spread color Set the day color Show/Hide the normal maximum spread on some symbols, suggested risk reward ration and last shift candle size
FREE
Fibonacci Entries
Christianiel Robles Faustino
Objective: To automatically show the Fibonacci entries from last candle. Inputs: 1.        Show/Hide the Fibonacci entries 2.        Set where the Fibonacci will draw, 0 = current, 1 = last bar … (Default = 1) 3.        Set the Fibonacci color 4.        Set the line style 5.        Set the minimum candle size automatically/manually in which the fib levels will appear 6.        Set the candle size based on ADR/X Fibonacci levels: 23.6, 38.2, 50  Other Tools: https://www.mql5.com/en/market/product
FREE
Order Management Script Tool
Christianiel Robles Faustino
5 (1)
============ FREE ============= Objective: To properly manage risks and quickly execute trades Works on all timeframes and  currency pairs Quickly place a trade Prevents bad entries when executing a trade by limiting max spread Set your entry and stop loss at better price  Set fixed risk amount/percentage per trade Automatically calculate position/lot size based on risk amount/percentage Set proper stop loss level by setting min and max pips Other Tools: https://www.mql5.com/en/market/produc
FREE
Horizontal Line or Level Alert
Christianiel Robles Faustino
5 (1)
This is a Indicator that Alert if price closed above/below/touched the line. Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to Mobile MT4, Email Input notes on alert Add multiple line alerts in a single chart Refer to screenshot: 1 - Time Frame 2 - Long/Short Position 3 - Get the highest open/closed price
Trading Manager Expert Advisor
Christianiel Robles Faustino
=============================== FULL VERSION ==================================== >>>>> PRICE DROP from $99 to $49 limited time only <<<<<<  BTMM TRADING MANAGER Objective: Trading Manager EA Robot helps manage your multiple orders specially with BTMM Strategy with proper risk reward ratio. It will lessen your time to monitor your multiple trades from time to time. Trade hassle free using this tool. Important Notes: - Auto Trade will automatically send order if shift candle closed above/below th
Cloud Eyes is an advanced moving average alert that   will easily monitor the price action based on set moving averages to multiple open charts.  Objective: To monitor multiple open charts and notify traders conveniently in a single display panel when using the moving averages to enter/exit a trades. Features: Monitor price action in two timeframes at the same time Supports simple, exponential, smoothed, linear weighted moving averages Trigger an alert based on candle size (full/body length) Ca
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Versione 7.4 2021.12.11
Added:
- Support on other products (Indices, Metals, Commodities, Cryptocurrencies, Instruments)
Versione 7.3 2021.12.10
Changed:
- Adjust average spread on each symbols
- Customize last bar size and auto SL on your preferred settings
Versione 7.2 2021.12.08
Changed:
- Auto retrieve magic # on opened orders
Versione 7.1 2021.12.07
Added:
- When enable, automatically close orders when spread is too big or there is a news.
- Automatically calculate stop loss and entry from Auto Trade(Strategy Tester)
Versione 7.0 2021.07.27
Information:
- Auto trade will only run on testing mode.
Versione 6.9 2021.07.26
Changed:
- Auto Remove EA if there's no open orders
Versione 6.8 2021.07.16
Changed:
- Additional checks to start EA
Versione 6.7 2021.07.13
Fixed:
- Output messages
Versione 6.6 2021.07.13
Fixed:
- Auto Cancellation of Buy/Sell Limit orders when price closed below/above MA and 1:1RR reached
Versione 6.5 2021.07.06
- Fixed sending order error when Auto Trade is Enabled