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Need creat a simple hedge ea
Hare maximum entry 3. It is hedge but maximum hedge entry no 3.
No more entry , if 3 no. hedge entry is done, then should wait for again round hedge.
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Hare hedge gride 25 pips. But if 3 rdentry pull back to loss, then no more entry and hare gaps 50 pips to open new.
1 stentry setup: I called it “entry 1” its lot size 0.01. tp 25 pips sl 25 pips.(lot size , tp and sl can be change.)
2 ndentry setup: I called it “entry 2” . its lot size 0.02. tp 25 pips, sl 25 pips. .(lot size , tp and sl can be change.)
3 rdentry setup: I called it “entry 3” . its lot size 0.04. tp 25 pips. Sl 50 pips. .(lot size , tp and sl can be change.)
Differ: when I start ea, only this time ea put two pending entry , and I place thich price manually . follow my picture.
Example: now market price at 1.0010 . I put ea on my chart. And manually give price for buy stop with entry 1 at 1.0025 and for sell stop with entry 1 at 1.0000.
If market touch sell stop and open sell entry, then delet buystop entry. And start from hare .
Example I put ea on my chart with manual buystop at 1.0025 and sellstop at 1.0000 price.
Market touch 1.0025 and open buy with entry 1. Ea delet that sell stop entry.
Now ea creat again two pending entry with 25 pips gaps.
Now ea put buy stop with entry 1 at 1.0050. and sell stop with entry 2 at 1.0000.
If market move up and touch 1.0050 , that buystop entry open, and ea delet that sell stop entry. If market move same to up, ea do this again and again.
1.0075(entry 1)
1.0050(entry 1)
1.0025(entry 1)
Otherwise , if market don’t touch 1.0050 and back to entry 2 position (at 1.0000, whare ea creat entry 2 at first) . mean, after open buystop ea pullback to down, and touch 1.0000 . hare open a entry 2.
Now ea delet pending buystop from 1.0050. and open new buystop entry 3 at 1.0025 , and sell stop entry 1 at 0.9975
1.0025
1.0000
Now if market pull down and touch 0.9975 , mean entry 2 closs and entry 1 open hare. Now ea delet pending buystop entry from 1.0025 . that was entry 3.
1.0025(entry 1)
1.0000(entry 2)
0.9975(entry 3)
Then again set buystop and sellstop , hare sellstop with entry 1, and buy stop with entry 2.
Though market didn’t move down from 1.0000. mean entry 2 didn’t close with tp, and market touch entry 3 at 1.0025.
(Entr y 1) 1.0025 (entry 3)
1.0000(entry 2)
When market touch entry 3 , then ea delet sellstop from 0.9975 . And set buy stop entry at 1.0050, and set sell stop entry 1 at 0.9975 .
If market touch 1.0050. entry 3 close with tp, and open entry 1 . then ea delet sell stop from 0.9975. and again set buystop and sellstop , hare sellstop with entry 2, and buy stop with entry 1.
1.0050
1.0025(entry 1) (entry 3)
1.0000 (entry 2)
If market didn’t touch 1.0050, and back from entry 3 position 1.0025. and touch 0.9975 , hare close entry 3 with sl and open entry 1.then delet buystop from 1.0050, and again set buystop and sellstop , hare sellstop with entry 1, and buy stop with entry 2. 1.0050
1.0025
1.0000
0.9975