The Hedging Master
- Эксперты
- Antonis Michos
- Версия: 1.4
- Обновлено: 18 ноября 2024
- Активации: 10
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Source code also available for sale (serious offers only).
About the Signal This signal runs the Hedging Master along with the Non Hedging Master
The signal’s settings (Version 1.1-1.3) are provided in Comment #3.
Please note:
This EA (Expert Advisor) trades continuously. It’s normal for backtesting to show occasional issues; if it didn’t, the EA would be worth far more. You’ll need to monitor it closely. To help manage this, I use an input called “stop opening in general” set to -500. This lets me pause trading if drawdown (DD) increases, so I can evaluate and decide whether to restart or wait for price recovery. The EA generates profit continuously, along with rebate earnings!
MT5 Version
The Hedging Master EA uses a highly advanced hedging strategy to minimize risk across various trading approaches. Be sure to read and understand all user inputs before using.
Recommendations:
Pairs: Can trade any; preferred pairs are EURUSD and GBPUSD
Gold: Requires adjusted settings for risk management—add a zero to all “pips” inputs and adjust distances if necessary
Timeframes: Suitable for any timeframe. Lower timeframes increase trades (and risk). I use 1M and 5M for closer monitoring.
Magic Numbers: Use different magic numbers if running multiple charts in MT4.
Key EA Inputs Explained
Max starting positions (per side): Maximum buy and sell positions at the same time.
Starting lot: Lot size for initial positions.
Starting lot after first two-way lot: Lot size after the initial positions.
Multiplier (Martingale): Multiplier for subsequent positions.
Distance between trades (pips): Minimum spacing between trades.
Change Multiplier and distance after X lot: When lot size reaches X, adjust the multiplier and distance.
New multiplier (default 1.1): Multiplier to control lot size.
New distance after change lot: New distance between trades.
Min TP (in money): Minimum take profit in money to close the basket.
Max sells/buys: Maximum positions for buy/sell.
Max lot (martingale): Max lot size per position.
Stop loss (pips): Stop loss per position.
After X positions the EA will enable overlap: After X positions the EA will close a winning position with a losing one to reduce DD.
Key Risk-Control Inputs
Stop opening positions if DD is below X: Pauses opening new positions if drawdown falls below X.
Start opening positions if DD is below X: Resumes opening positions if drawdown improves past X.
Stop opening positions generally if DD is below X: Pauses all new trades if drawdown drops below X.
This is essential for EA control.
New Features in Version 1.1 (2024.11.05)
-
New input: "Restart after general DD is below X plus technical."
Automatically resumes trading when drawdown is below X and certain technical conditions are met. To disable, set a high value like -1,000,000. -
Two new buttons: Instantly pause or restart the EA from the chart, without relying on input triggers.
In my signal, I set the DD threshold at -220. If drawdown reaches -220, I assess conditions before deciding to resume or wait for market recovery, reducing risk on new positions.
Let me know if you need further tweaks!
