• Übersicht
  • Bewertungen (10)
  • Diskussion (30)
  • Neue Funktionen

ManHedger MT5

5

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT.

Manual & Test Version

Please DON'T BUY this product before testing or watching my video about it.

Contact me for user support & advices!

With this Expert Advisor, you can:

  • Implement your own Zone Recovery strategy to capitalize on trending markets.
  • Create Grid trading strategies, to profit from ranging markets.
  • Place orders easily and clearly.
  • Display your trades/strategies on the chart.
  • Display your Take Profits/Stop Losses as a percentage.
  • Display volume in monetary amount.
  • Use Trailing StopLoss and Riskreward ratios.
  • Manage your open trades & pending orders
  • Limit your Drawdown & Profits
  • Create Hedging Strategies
  • Open trades with partial takeprofits
  • Open trades with automatic breakeven

This tool has helped me solve many of my own problems, and now I'm trying to help others as well. It can function as both a trade manager and a trading bot at the same time.

The trading strategy I use this utility for is based on the following idea: Most people lose trading forex. Betting against the sentiment with grid strategies seemed to be a profitable strategy for me. Zone Recovery strategies excel at trending market conditions. This is a huge advantage, because predicting direction is much harder than predicting high volatility. Initialising Zone Recovery strategies before news events is another key element of my personal trading strategy.

My advice for using the product:
  • When interpreting zone recovery or grid strategies, it is advisable to set a risk much higher than the gain, with a recommended Risk-Reward ratio of at least 15:1.
  • When changing the gain or risk of a running strategy, it is not recommended to set a much higher gain or a much lower risk, as it may have negative effects on the well-calculated strategies.
  • I do not recommend running zone recovery and grid strategies at the same time on the same security.
  • Setting the EA for the same securities multiple times with the same magic numbers may result in unexpected errors. (The EA distinguishes other EAs with the help of symbols and magic numbers).
  • I do not recommend using the grid strategy with an Orderstep or Density set too high, as the starting order may be too small.
  • I recommend using the EA for securities which have the account currency as either the base or margin currency.
  • With price changing the size of a lot in your base currency may change, re-enter the volume if you are calculating in monetary amount.
  • Don't remove Expert/close chart/close MetaTrader, when a strategy is running.
  • If the Balance is 0 the Expert won't work.

I do not guarantee any profits or financial success using this EA.

If you encounter any issues or have any feedback, recommendations, or questions regarding the program, please do not hesitate to contact me. I am committed to addressing any concerns and fulfilling your requirements to ensure the best possible experience with the product.


I'm constantly trying to improve this product and new versions can be expected.

I hope I could be of assistance, and that you will find this utility useful.

#Tags: Grid Tool Manual Grid Grid Manual Hedge Tool Hedge Manual Manual Hedge Hedging tool Strategy Builder grid strategy creator hedge strategy trade manager order manager visual display order display trade management trailing stop trailing sl riskreward tool prop firm challenge prop challenge trade assistant order grid management grid trading equity protector protect equity risk manager risk tool drawdown protect drawdown limiter  close all sl breakeven partial takeprofit partial tp partial sl







Bewertungen 10
Jacques Van Echteld
202
Jacques Van Echteld 2024.03.17 10:31 
 

Very good and usefull ea!

Valentin Popa
499
Valentin Popa 2024.02.15 22:20 
 

Very good EA.

Juan Carlos del Carmen
124
Juan Carlos del Carmen 2024.05.22 13:14 
 

It is an useful EA if you understand it properly and definitely I recommend as the same author recommended initially to me from the start to test ManHedger Trader in a demo account to at least get familiar and trained in the different modes available before trading a actual account with trading capital on it. Peter the autor has been very responsive, supportive and open to new suggestions from my side. What's more, I got plenty of support from the very beginning from him even with the demo Man Hedger Trader. So far, hedging was not used yet in my toolbox and I definitely recommend to use hedging in particular cases where for instance you already have loosing trades and your trading systeam has already failed in order to lock in the Equity Drawdown, free up trading margin in your account and mitigate tail risk.

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Live Forex Signals ist für den Handel mit den Signalen der Website konzipiert   https://live-forex-signals.com/en und https://foresignal.com/en . Live Forex Signal for MetaTrader 4   https://www.mql5.com/en/market/product/81445 Daten Username   und   Password   wenn Sie ein Abonnement für Websites haben live-forex-signals.com/foresignal.com . dann sollten Sie diese Optionen mit Ihren Anmeldeinformationen ausfüllen. Wenn es kein Abonnement gibt, lassen Sie die Felder leer; Comment   Kommentar
Easy Strategy Builder 5
Gheis Mohammadi
5 (4)
Utilitys
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
Strategy Builder plus Optimizer by RunwiseFX MT5
Runwise Limited
Utilitys
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
Unlimited Trade Copier Pro MT5
Vu Trung Kien
4.73 (11)
Utilitys
Unlimited Trade Copier Pro MT5 is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will n
Trading Chaos Expert
Gennadiy Stanilevych
5 (10)
Utilitys
This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs. Interacting with additional signal indicators that mark the chart to give a real mark
HYT utility
Sergey Batudayev
5 (1)
Utilitys
HYT (Help Your Trading) is a tool designed to help you average down your losing positions using two main techniques: Standard averaging . Hedging with subsequent opening of positions in the direction of the trend . Buy 1 and 1 get FREE This tool allows you to manage multiple positions opened in different directions, both for buying and selling. HYT automatically calculates the size of the next position , order price, direction for averaging, and closing the position with a specified take-profit
FTMO Sniper 7
Vyacheslav Izvarin
Utilitys
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special  Protector  https://www.mql5.com/en/market/product/94362 ------------------
Trade Copier Agent MT5
Omar Alkassar
Utilitys
Der Trade Copier Agent wurde entwickelt, um Trades zwischen mehreren MetaTrader(4/5)-Konten/Terminals zu kopieren. Mit diesem Tool können Sie entweder als Anbieter (Quelle) oder als Empfänger (Ziel) agieren. Alle Handelsaktionen werden ohne Verzögerung vom Anbieter zum Empfänger kopiert. Mit diesem Tool können Sie Trades zwischen mehreren MetaTrader-Terminals auf demselben Computer mit blitzschnellen Kopiergeschwindigkeiten von weniger als 0,5 Sekunden kopieren. Installations- und Eingabehandbu
Hedge Ninja
Robert Mathias Bernt Larsson
5 (1)
Utilitys
HEDGEN SIE IHREN WEG ZUM GEWINN BEI JEDEM HANDEL Wenn Sie denken, dass es schwierig ist zu bestimmen, in welche Richtung sich der Markt entwickeln wird, löst dieser Roboter das für Sie, indem er die Richtung ändert, je nachdem, in welche Richtung sich der Preis bewegt, sodass Sie gewinnen, egal in welche Richtung er sich bewegt. Hedge Ninja ist ein halbautomatisches Handelstool, das Sie mit den folgenden Hedge-Einstellungen einrichten. Wenn Sie ihm sagen, dass er handeln soll, kaufen oder ver
RunwiseFX Panel plus Configurable Automation
Runwise Limited
3.67 (3)
Utilitys
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Drawdown Manager by Ofx
Osama Essameldin Ibrahim Abdelaal
Utilitys
In the ebb and flow of financial markets, the Drawdown Manager (by Ofx) stands out as an essential companion for traders utilizing grid and martingale strategies. This innovative tool is engineered to provide an analytical approach to managing trading drawdowns. By selectively utilizing floating and realized profits, the DDM tactically help traders control their drawdown exposure during market downturns. Its customizable settings empower traders with the flexibility to adjust operations accordi
Reward Multiplier MT5
Amir Atif
Utilitys
Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT4 version   here You only open the first order. When your trade goes into profit RM opens a n
MT5 To Interactivebrokers Trader
Shaoping Kuang
5 (2)
Utilitys
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Exper
TradingBoost AI MT5
Andrey Barinov
Utilitys
Introducing TradingBoost AI : Revolutionize your trading experience with TradingBoost AI, an innovative software utility seamlessly integrated into the MetaTrader platform. Leveraging the cutting-edge capabilities of OpenAI and ChatGPT technologies, TradingBoost AI empowers traders with advanced analytics, real-time insights, and predictive tools to enhance decision-making and optimize trading strategies. Experience the future of trading with TradingBoost AI - where artificial intelligence meets
StarseedFX Smart Trading Tool MT5
Mohamed Elsayed
4.33 (6)
Utilitys
What Exactly Is A Smart Trading Tool? Smart Trading Tool   was developed for fast and comfortable trading of the financial markets especially for   ORDER BLOCKS TRADERS .   It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation   based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading
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Trade Manager Interface MT5
Peter Mueller
4.67 (6)
Utilitys
With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. How does it work? Simply fill out the Start Price, TP (Take Profit), SL (Stop Loss), and Volume parameters, and click on the "Open Trade" button to immediately place the order/trade. The "Long" button allows you to select whether you want to Buy
FREE
Candlestick Patterns with Alerts MT5
Peter Mueller
5 (2)
Indikatoren
With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing: Disabled/Enabled/EnabledwithAlert Pin:  Disabled/Enabled/Enabledw
FREE
ManHedger MT4
Peter Mueller
5 (1)
Utilitys
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
Manual ZoneRecovery MT5
Peter Mueller
5 (2)
Utilitys
Introducing the Zone Recovery EA, a powerful tool for traders who seek precise control over their Zone Recovery strategies. This manual version operates similarly to the Zone Recovery mode in ManHedger but some distinctive features – the Stop Loss (SL) cannot be modified during the strategy execution, and no pending orders are opened, when the StartPrice is reached. There are no input parameters. Zone Recovery strategies can only be executed on accounts that allow hedging. Key Features: Hedging
FREE
Trade Manager Interface MT4
Peter Mueller
4.8 (5)
Utilitys
With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. The only input required is the leverage for the current symbol, as the program may not have access to this information with some brokers. There are 2 inputs for the Display Colors. How does it work? Simply fill out the Start Price, TP (Take Pro
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Manual Zone Recovery MT4
Peter Mueller
5 (1)
Utilitys
Introducing the Zone Recovery EA, a powerful tool for traders who seek precise control over their Zone Recovery strategies. This manual version operates similarly to the Zone Recovery mode in ManHedger but some distinctive features – the Stop Loss (SL) cannot be modified during the strategy execution, and no pending orders are opened, when the StartPrice is reached. The only 2 input parameters are the leverage for the current symbol and a check of wether the Account allows hedging.  Zone Recover
FREE
Candlestick Patterns with Alerts MT4
Peter Mueller
3 (1)
Indikatoren
With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. I'd appreciate if you would review the indicator Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing:   Disabled/Ena
FREE
Auswahl:
Juan Carlos del Carmen
124
Juan Carlos del Carmen 2024.05.22 13:14 
 

It is an useful EA if you understand it properly and definitely I recommend as the same author recommended initially to me from the start to test ManHedger Trader in a demo account to at least get familiar and trained in the different modes available before trading a actual account with trading capital on it. Peter the autor has been very responsive, supportive and open to new suggestions from my side. What's more, I got plenty of support from the very beginning from him even with the demo Man Hedger Trader. So far, hedging was not used yet in my toolbox and I definitely recommend to use hedging in particular cases where for instance you already have loosing trades and your trading systeam has already failed in order to lock in the Equity Drawdown, free up trading margin in your account and mitigate tail risk.

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2024.05.22 13:15
Thanks a lot for the review
Jacques Van Echteld
202
Jacques Van Echteld 2024.03.17 10:31 
 

Very good and usefull ea!

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2024.03.17 23:10
Thanks for taking your time and writing a review, I appreciate it!
Valentin Popa
499
Valentin Popa 2024.02.15 22:20 
 

Very good EA.

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2024.02.16 10:34
Thank you very much for your review, it means a lot to me!
V2DAY
45
V2DAY 2023.12.07 22:03 
 

Der Benutzer hat keinen Kommentar hinterlassen

Darko Licardo
745
Darko Licardo 2023.11.20 11:06 
 

Der Benutzer hat keinen Kommentar hinterlassen

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2023.11.20 11:18
Thank you very much for your review, means a lot to me!
Mustafa Nail Sertoglu
1045
Mustafa Nail Sertoglu 2023.09.19 16:48 
 

Der Benutzer hat keinen Kommentar hinterlassen

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2023.09.19 16:52
You can contact me in PM anytime if you have any problems. I'd be happy to help you set the EA up, and help you resolve your problems.
Best regards,
Peter
Hezbon Ogwari Magajo
120
Hezbon Ogwari Magajo 2023.09.17 12:22 
 

Der Benutzer hat keinen Kommentar hinterlassen

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2023.09.17 12:44
Thank you very much for the review :)
Grap the Trade
112
Grap the Trade 2023.08.08 13:56 
 

Der Benutzer hat keinen Kommentar hinterlassen

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2023.08.08 15:08
Thank you very much!
Andre Schinkel
1171
Andre Schinkel 2023.08.08 08:01 
 

Der Benutzer hat keinen Kommentar hinterlassen

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2023.08.08 11:39
Thank you for the review!
Duy Dong Dao
306
Duy Dong Dao 2023.08.07 16:06 
 

Der Benutzer hat keinen Kommentar hinterlassen

Peter Mueller
9704
Antwort vom Entwickler Peter Mueller 2023.08.08 00:17
Thanks for the review
Antwort auf eine Rezension
Version 4.21 2024.05.24
Fixed some bugs, now all pending orders are deleted when trimming.
Version 4.20 2024.05.23
Added settings button to hedge mode. Traders can now delete tickets from the hedging batch and set the squeezing range used for the squeezing procedure in the hedging strategy.
Version 4.16 2024.05.21
Fixed a bug: it was possible to change the gain/lot or the takeprofit to an invalid value while the Hedge strategy was running.
Version 4.15 2024.05.17
Removed debugging messages
Version 4.14 2024.05.16
Fixed a bug added in the last version
Version 4.13 2024.05.16
Fixed a bug when stopping hedging strategy
Version 4.12 2024.05.15
fixed a bug with scaling
Version 4.11 2024.05.07
Fixed a bug when dragging Hedge TP while strategy is running: now Takeprofit can be changed not only using the textbox, but by dragging the TP level.
Version 4.1 2024.05.04
Fixed some bugs, minor changes
Version 4.0 2024.05.02
Hedge mode added, now another strategy is available for users (check out the new manual to better understand it). Added the opportunity to add partial takeprofits and automatic breakeven. Grid strategy can be now initialised by the starting volume instead of the volume cap (volume cap is still possible). The VolumeStep/OrderStep of the grid strategy now van be additive instead of multiplication.
Version 3.72 2024.03.16
Fixed another bug.
Version 3.71 2024.03.15
Fixed some bugs about scaling. Minor changes
Version 3.7 2024.03.10
Updated the Scaling it should work now on all monitors with every kind of resolution
Version 3.6 2024.01.05
Fixed an error: opening new trades with Long/Short Grid strategy after sell limit is reached
Version 3.5 2023.12.20
Improved the behaviour of the dialog on each tick, when dialog and Trading/Strategy Box has to be synchronized.
Version 3.4 2023.12.15
fixed some bugs
Version 3.3 2023.12.14
Bad version added last time, no changes made
Version 3.2 2023.12.14
Fixed a bug about trading hours and sessions.
Version 3.1 2023.12.11
Fixed some bugs
Version 3.0 2023.12.05
new Mode added: Manager. Here you can close trades and delete orders based on your selected properties with one click. You can also move SL of these trades to break even. You can also add a maximal drawdown of the currently open trades, so the EA can now work as an equity protector. It is possible to do the same with the profits e.g you can set the monetary amount of losses and profits in money or in the percentage of your balance, both of which when exceeded all trades will be closed out. The Trade Mode has been reworked: You can now set your volume based on your preferred risk or gain on the trade, calculate mode has been removed becouse of this. Zone Recovery mode: Added an information box in the upleft corner, where you can see the theoretical maximal count of orders of a given zone recovery hedging strategy.
Version 2.4 2023.11.16
Minor changes
Version 2.3 2023.11.14
New input parameter: Hard StopLoss Points, if you want to secure your strategie's trades, you can enter a value, so it'll protect each trade with a StopLoss. Whenever you display running Grid strategies (or all information about the Grid is filled out) you'll see now the StopLoss and the TakeProfit Level on the chart. You can now add comment to your trades in Trade mode.
Version 2.2 2023.11.03
Fixed some bugs, capitalization when writing ask or bid now does not matter.
Version 2.1 2023.11.02
Minor changes
Version 2.0 2023.10.30
Added Trailing Stop and Risk Reward ratio, fixed minor issue with Grid Long only and Short only Strategies, whenever Running with Ask/Bid Price, added 2 input parameters: Grid Comment and Zone Recovery Comment, these Comments will be used when placing orders/opening trades with a custom strategy of the user.
Version 1.9 2023.10.13
Updated the name (AdvantEdge -> ManHedger), and the name of MartinGaleMagicnumber to ZoneRecoveryMagicnumber. Fixed a minor bug
Version 1.8 2023.10.03
Implemented a proactive order execution mechanism(Stop and Limit orders will be made instead of price reaching the level -> opening a trade), allowing users to visualize trade volumes before reaching the target level—a valuable enhancement for strategic planning. Upgraded the parameter naming to enhance clarity, transitioning from 'Vol' to 'MaxVol' in strategies. Additionally, resolved any bugs associated with the accurate display of Zone Recovery strategies on the chart. Introduced an intelligent file-saving mechanism that incorporates the account number. This ensures seamless transitions between accounts in the trading terminal without any interference with EA functionality.
Version 1.6 2023.08.17
Fixed a bug in Grid mode: Keep Trading didn't work.
Version 1.5 2023.08.15
Changed the "Martin Gale" mode to "Zone Recovery" mode.
Version 1.4 2023.08.11
Fixed the Dialog minimizing, when changing charts or restarting Metatrader.
Version 1.3 2023.08.07
New feature: Status Quo. Now when running Martin Gale and Grid strategies you no longer have to choose between "Keep Trading" and "Stop at Close", but there is a third option: Status Quo, which will keep your strategy running, but the Startprice won't change, the strategy will be exactly the same as it was for the first time.
Version 1.2 2023.08.03
Fixed some bugs with lotsize of indices.
Version 1.1 2023.08.01
Added 2 inputs: ShortColor and LongColor: You can now choose the colors to display strategies and trades.