Hedge Ea

Olajide Adeola Ojo 2006.10.29 18:22

Hi Scorpion or any coder for that matter, could somebody translate this MT4 EA to MT3.

It is used for closing hedged position when a chosen total pip value is reached. Very profitable when the right hedge combination is chosen example Buy GBP/USD and USD/CHF at the same time and take profit at 10 pips.

Works perfectly on MT4 only want to also use it on my MT3 account.

Cheers

Files:

CloseByPL.mq4 5 kb

marcelo marques pereira 2006.10.30 12:15 #1

Hi friend , do you are using in the live account? how many % monthly you are obtain?

Tks

[]´s

Marcelo

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Olajide Adeola Ojo 2006.10.31 04:27 #2

marcelo0:
Hi friend , do you are using in the live account? how many % monthly you are obtain?Tks Marcelo

Yes I am using it on a live micro account.

It all depends on your take profit level. Just started using it close to a month now, at least 10 pips a day if you set it at the beginning of the trading day 0:00 Gmt.

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IcePeak 2006.11.10 15:44 #3

I really like this EA because I also hedge the GBP/USD and USD/CHF. Is there a way to set it to take close all trades when the profit is up a percentage of the account rather than a pip value like 2%?

Take Profit EAs 'Close all'/'Open' tools HedgeEA

Ravique 2006.11.10 23:14 #4

Guys, please explain, how do you hedge them, and how do you use this expert, in details, I think we will all benefit from it.

Thank you in advance.

IcePeak 2006.11.13 15:04 #5

I buy both the GBP/USD and USD/CHF at the same time. If I buy 10 lots of USD/CHF then I would buy 7 lots of GBP/USD. I buy them to earn interest and I use the EA to close out all trades once I have a profit. I am trying to get it to close the trades once my account balance is up 2%. Let me know if it us possible to change the EA to do that instead.

Thanks

'Close all'/'Open' tools EA programming available for MT4 programing guide

walidnemnom 2006.11.30 22:52 #6

Could you be more specific on how to use this EA?

thx.

tasse 2006.12.12 13:53 #7

IcePeak:
I buy both the GBP/USD and USD/CHF at the same time. If I buy 10 lots of USD/CHF then I would buy 7 lots of GBP/USD. I buy them to earn interest and I use the EA to close out all trades once I have a profit. I am trying to get it to close the trades once my account balance is up 2%. Let me know if it us possible to change the EA to do that instead.Thanks

I am very new to this, so please can you explain in more detail how to use it. Me and many more here will really appreciate it. Thanks

AhmedGamel 2007.08.08 16:57 #8

hi all

nicesurf 2007.08.09 06:37 #9

I need also the EA, anybody can share here the last update ?

chuthry 2007.08.12 00:37 #10

Hi, is there a ex4 file for this ea?

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