Expert Advisors: Simple Hedge Panel

 

Simple Hedge Panel:

A panel for opening and closing positions on several financial symbols in one click.

Simple Hedge Panel

Author: Serhii Ivanenko

 
Do we have one for MT4 ? 
 

It would be great to save settings to a template.

Choose a template with the desired pairs and lots and go ahead :)

 

Forum on trading, automated trading systems and testing trading strategies

Expert Advisors: Triangle Hedge

newdigital, 2014.02.13 06:36

The “Hedging” Myth (based on dailyfx article)

Helping traders around the world means that I have seen many different methods to trade this market, both good and bad. One of the most damaging methods I’ve come across is the idea of ‘hedging’ a Forex trade by opening an opposing trade in the same currency pair and holding both long and short positions simultaneously. This not only incurs greater trade cost (by paying additional spread) but does not protect your position against additional losses.

Hedgers attempt to lock-in their profit or loss on a trade by opening an opposing trade, but if the spread widens, this negatively affects both sides of the trade. If the trader is over leveraged on these trades, a wider spread could incur a margin call and liquidate both positions. Worst of all, you would most likely be filled at the widened spread prices, adding insult to injury.
So now we know, hedging is not the proper way to secure a profit or a loss. Only the closing of a position can do that. Hedging also can be dangerous around widening spreads and can cause margin calls, so we need to limit the amount of leverage we are using to 10x or less.


 
good morning,
could you convert the simple hedge panel to MT4?
Could share to use in mt4?
thank you!
 

it would be even healthier if under each symbol selection would be buy - sell, because one click here can not do !!!!

and more, several (for example 3) selections of lots, and opposite to each buy sell, sometimes decision making seconds and switch there is no time !!!!

 
where to download for mt4 format ?
 
I will be able to use this panel to practice on the story in the tester on Saturday-Sunday ?
 

When compiling it gives an error

'

'Add' - no one of the overloads can be applied to the function call HedgePanel.mqh 124 13

could be one of 4 function(s) HedgePanel.mqh 124 13

bool CDialog::Add(CWnd*) Dialog.mqh 53 22

bool CDialog::Add(CWnd&) Dialog.mqh 54 22

bool CWndContainer::Add(CWnd&) WndContainer.mqh 33 22

bool CWndContainer::Add(CWnd*) WndContainer.mqh 32 22

1 error(s), 0 warning(s) 2 1


 

the ea is giving an error in the compilation and is not releasing the .ex5 file

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