Hello,
I am
looking for somebody who could Program a easy hedge system in an existing code
that I have. This ea buys/sells multiple orders in an exponential growth.
If the market keeps moving against the orders it will open few more
trades and it will be multiplied by 2 and TP will be adjusted. This ea works
well in a ranging market, a major problem is that if the market is strongly
trending then it will keep opening trades in the losing direction, this can
drive to a large drawdown.
Example orders:
Lot
exponential: 2.0
Lots:
0.01
1# 0.01
lot Sell
2#
(0.01*2.0) = 0.02 lot
Sell
3#
(0.02*2.0) = 0.04 lot
Sell
4#(0.4*2.0)
= 0.08 lot Sell
5#
(0.08*2.0) = 0.16 lot Sell
etc.
This
exponential growth can be setup as a maximum, by the external parameter
MaxTrades.
The add-on
If the
Maxtrade has a maximum of 5 trades, than the hedge system has to reverse one
trade (with a changeable parameter in lots) so the 6th trade has to
be the opposite trade. This reversal
trade has to have a higher lot then the
previous trades, this could be setup in the external parameter.
The
reversal trade parameters (Example):
Extern
bool RecoveryTrade = TRUE/FALSE
Extern
RecoveryLots = ( 0.6 )
Extern
RecTrailingstop = 30 //only in
profit (not with stoploss)
Extern
TrailingStart = 20 //after profit reached, start after
break even
Extern
Stoploss = 40
Example order
1# 0.01
lot Sell
2#
(0.01*2.0) = 0.02 lot
Sell
3#
(0.02*2.0) = 0.04 lot
Sell
4#(0.4*2.0)
= 0.08 lot Sell
5#
(0.08*2.0) = 0.16 lot Sell
6#
(extern para.) = 0.3 lots Buy
If you
are interested, or you have a question, please send me a message. I will send
you the mq4 file with the additional information.
Thank you
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