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Creating an MT5 Expert Advisor (EA) based on distance, lot size, and hedging.

MQL5 Experts Forex Trading robot/indicator debugging C++ Python

Specification

Creating an MT5 Expert Advisor (EA) usable on the MetaTrader 5 platform. This EA will utilize three key factors:

  1. Distance: The EA will consider the price difference between two points, like the entry and stop-loss levels. This helps in managing risk and determining potential profits.

  2. Lot Size: The EA will control the volume of positions it takes based on predefined rules. This parameter allows for adjusting the exposure level in the market.

  3. Hedging: By incorporating hedging strategies, the EA can open opposing positions to offset risks or adjust the overall market exposure. This technique enhances risk management.



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