GRID + HEDGE EA with controlled profits and losses for IB

Specification

A Grid EA with a hedge that closes losing trades with current profits utilizes a grid trading strategy combined with hedging techniques to mitigate risk and potentially lock in profits. It involves placing buy and sell orders at predetermined price intervals, forming a grid. When a trade within the grid moves against the initial direction, a hedge (opposite position) is opened. If the market reverses, the losing trade is closed with profits from the hedge, or the entire system is closed when a predefined profit target is reached. 

- EA wil start with a buy and sell position at the same time, as market moves EA will open new order with same size or higher and start grid on losing positions, profitable positions should be closed on designated profit targets and reopened again imediatly and this goes on and on NON STOP!!! EA is ideal for generating IB commisions and can close account with small profits.

-The strategy is not very simples, last opened profitable trades with higher lots should be able to close and EA will close the first lossing trade that was opened in the begining, when marlet reaches the same price that trade should be reopened and the profit will be used to close losing trades again and again until the whole basket of trades can be closed with small profits at least.

  • Involves placing buy and sell orders at regular intervals above and below a set price level, creating a grid-like pattern of orders.
  • The goal is to profit from price oscillations within the grid, rather than predicting the overall market direction.
  • Each level in the grid represents a potential entry or exit point for a trade.
  • The EA monitors the overall profit/loss of the grid and the hedge. 
  • When the hedge generates enough profit to offset the loss in the original losing trade, the losing trade can be closed, potentially locking in a small overall profit.
  • The EA may also have a predefined take-profit target for the entire grid system, closing all positions when that target is reached.

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Project information

Budget
180 - 320 USD
Deadline
from 3 to 10 day(s)

Customer

(1)
Placed orders3
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