Indicator with some function breakeven, hedging function,

MQL4 지표

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I have a Martin EA running with a Indi which will stop it open new positions when the number of positions and DD whichever reach to a presribed level, but the EA is still running just delay it to the maximum dropdown 10% I allow. When it reach, Equity Sentry EA will close all and shut all the EA.

At this moment, 10% would be hit 2-3 tims per week as nobody know how wild the market is. Now, I think I need another recovery Indi to work together to avoid being hit. Manually, I do this way, downgrade TF, opposite direction only, let Martin EA open opposite direction postions to reduce DD. It worked, and Martin EA manage both direction postions. Finally they will exit profitabllly. You can figure out another hedging way,my broker allows it. When disaster perioid  conditions met, this INdi would double size or 1.6 times of already open opposite direction positions to reduce DD until it reach some profit then close all exit. Martin will do it again.

10% dropdown can last 40 pips around. There is a  problem, is how about  to avoid ranging again and trends stop soon, needs work out ADX or RSI to filter before put opposite new positions to make breakeven ASAP. Once breakeven, trailing it close all use pips, like we say +20 pips, trail start, every 10 pips trail steps. 

 

 

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