Looking for somebody who know how to program a hedging system for range bound markets with an added program that can deal with trends, as you know trends are a hedge equity killer,
the hedge should open sell and buy orders every x amount of pip spacing , when following the trend , therefore 1st rule would be to have a very accurate trend following indicator, then every say 50 pips a buy and sell order would be placed , once the price moves from 1 point to the next it can either take profit or have a trailing stop , lets say the market is in range bound there are 4 sell and buy orders and market is coming down, evey sell order that has been placed should have a trailing stop loss, so by the time the price is at the 5th sell order the first 4 sell orders are in profit and the buys orders are in loss, once the market turns, the sell orders can be closed for a profit, and the buy orders should have close by averaging , same in the uptrend,
now the range bound market should be trading in a range once we have a break out , only one set of orders should be placed, eg, if it breaks to the down side only sell order with trailing stop, once the market turns , close all sell orders, and place a sell and buy order, has the market trend is finished and new range bound has started,
im trying to keep it simple for now, all or most of the orders should be closed using the average strategy, has we get the basic working by placing buy and sell orders at every x amount of pips, the placing only buy or sell orders on trends, then looking to add more to the EA, the only thing to see on the active chart screen should be red and blue arrows for buy and sell orders, and when they are close dotted line to show which orders were closed either by stop loss or take profit or averaging .
i have enclosed an image i found, this is what it should look like .