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Hello,
I'm looking for a smart developer to build a proper hedging / loss recovery system.
I place trades at 1 - 2 % risk of my account balance, but i do it quite frequently ... i would like an EA to be capable of recovering the losses without me worrying about them.
the rules are very simple ... EA must be capable of recovering the loss, without exceeding a 5-10 % DD ... i do not care if it grids / martingales as long as the DD is very well under control ..
one example that came into my attention was this expert: https://www.mql5.com/en/market/product/28140?source=Site+Market+MT4+Search+Rating004%3agrid#
in the above example, you can see a fibonnacci type of martingale ... which does not go into huge losses to recover a measly profit..
for testing purposes, assume i enter trades on a 20 & 50 MA Cross, with a 2 ATR stop loss, and 1:2 RR setup .. show me an EA that can recover the losses with controlled DD
Cheers
I'm looking for a smart developer to build a proper hedging / loss recovery system.
I place trades at 1 - 2 % risk of my account balance, but i do it quite frequently ... i would like an EA to be capable of recovering the losses without me worrying about them.
the rules are very simple ... EA must be capable of recovering the loss, without exceeding a 5-10 % DD ... i do not care if it grids / martingales as long as the DD is very well under control ..
one example that came into my attention was this expert: https://www.mql5.com/en/market/product/28140?source=Site+Market+MT4+Search+Rating004%3agrid#
in the above example, you can see a fibonnacci type of martingale ... which does not go into huge losses to recover a measly profit..
for testing purposes, assume i enter trades on a 20 & 50 MA Cross, with a 2 ATR stop loss, and 1:2 RR setup .. show me an EA that can recover the losses with controlled DD
Cheers
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