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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


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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For more info join to http://discord.io/reitakfx where you can get info how to set, how to trade or for your questions -------------------------------- If you want this panel and all my other products for FREE , create account here http://bit.ly/reitakfxroboforex and then write me and I will send you all my actual and future product for FREE + VIP on my  DISCORD   -------------------------------------- Set in panel what margin will use to trade. When you ready to trade, just click to buy or se
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Ferramenta multifuncional: 65+ funções, incluindo: calculadora de lote, Price Action, proporção R/R, gerenciamento de trade, zonas de suporte e resistência Versão Demo   |   Manual de usuário   |    Versão MT5 O utilitário não funciona no testador de estratégia: você pode baixar a   versão Demo AQUI   para testar o produto. Contate-me para perguntas / ideias de melhorias / caso encontrar algum erro Os trades automáticos serão permitidos se estiverem habilitados na plataforma e na corretora Si
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The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Nabeel Zafar
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Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th
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Versão 7.4 2021.12.11
Added:
- Support on other products (Indices, Metals, Commodities, Cryptocurrencies, Instruments)
Versão 7.3 2021.12.10
Changed:
- Adjust average spread on each symbols
- Customize last bar size and auto SL on your preferred settings
Versão 7.2 2021.12.08
Changed:
- Auto retrieve magic # on opened orders
Versão 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)
Versão 7.0 2021.07.27
Information:
- Auto trade will only run on testing mode.
Versão 6.9 2021.07.26
Changed:
- Auto Remove EA if there's no open orders
Versão 6.8 2021.07.16
Changed:
- Additional checks to start EA
Versão 6.7 2021.07.13
Fixed:
- Output messages
Versão 6.6 2021.07.13
Fixed:
- Auto Cancellation of Buy/Sell Limit orders when price closed below/above MA and 1:1RR reached
Versão 6.5 2021.07.06
- Fixed sending order error when Auto Trade is Enabled