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This is a simple Hedging Strategy, which involves an order and an opposite hedging order.

MQL4 Experts Forex

Termos de Referência

This is a simple Hedging strategy.

2 Buy orders are placed expecting a Bullish market

2 pending Sell orders needed to be placed by the EA, few pips below the first 2 Buy orders.

OR

2 Sell orders are placed expecting a Bearish market

2 pending Buy orders needed to be placed by the EA, few pips above the first 2 Sell orders.


And wait for the market, for either Buy orders or Sell orders to hit its respective TP.

I need the EA to place pending hedge orders, place SL,TP and TSL for all the orders.

I need the EA to perform closure of an order IF another particular order hits TP or SL.


Its a very simple strategy.


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