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Diamond Hedge MT4

FREE

Published: 15 November 2023

Current version: 1.20

Diamond Hedge MT4

Experts
Mario Miguel Marques Vara
Mario Miguel Marques Vara
Portugal

1872
5 (1)
I am an experienced programmer with over 10 years of industry practice. My passion for programming led me to delve into the forex world 5 years ago, and for the past 3 years, I have been channeling my expertise into Expert Advisor (EA) development.
Why Trust Me?

3 products
Version: 1.20
Updated: 27 August 2024

Implementing a solid strategy repeatedly often proves to be a challenging task. We understand that your time is valuable, and that's why we introduce "Diamond Hedge". This revolutionary solution offers a winning strategy, allowing you to enjoy success without the burden of spending hours monitoring charts.

Important! Contact me immediately after purchase, and I will provide you with the parameters I use!

How It Works?

Set up your trading channel and choose the desired multiplier. When the market reaches the channel limits, the EA comes into action. Regardless of the direction of movement, a trade is opened with pre-defined Take Profit and Stop Loss levels. While the market stays within the set channel, "Diamond Hedge" operates by buying low, selling high, and accumulating profits. When the market trends and exits the channel, the EA refrains, returning to action when stability resumes, employing a hedging mechanism to keep trades positive.

Optimizing Performance with Strategic

Filters To further enhance the EA's performance, we've incorporated crucial strategic filters. A time filter restricts the EA's activity to specific times of the day, amplifying profit potential. These filters work in harmony to refine the "Diamond Hedge" strategy, ensuring it is tuned to maximize opportunities in the markets.

Why Should You Buy This EA?

Proven Strategy: The EA incorporates a winning strategy developed and tested to capitalize on market fluctuations. With proven results in various conditions, it offers a solid approach to trading.
Reliable Automation: By acquiring this EA, you automate the execution of your strategy. This means you don't have to spend hours in front of the computer monitoring the market. The EA does the heavy lifting for you, executing trades according to the criteria you set.
Intelligent Risk Management: The EA utilizes smart risk management techniques, including a carefully crafted hedge strategy. This helps protect your capital from adverse market movements, ensuring a balance between risk and reward.
Customizable Filters: This EA offers the flexibility to customize time and volatility filters to suit your preferences and market conditions. This allows you to adapt the EA according to your needs and maximize its effectiveness in different scenarios.

Parameters

Timeframe_for_execution: Choose the timeframe considered by the EA.
first_line: Top line of the channel.
second_line: Bottom line of the channel.
lot_Size: Size of the first lot.
multiplier: Multiplier for subsequent orders.
max_spread: Maximum spread for the first operation.
Avoid_Same_Type_Entries_Consecutive: Avoid entries when the market is trending.
start_time: Operation start time.
end_time: Operation end time.
Max_ATR_Level: The EA only enters when the ATR is below the defined value.
ATR_Period: ATR period.
Trend_Mode: In trend mode, entries will only be made in favor of the trend identified by the EA.
Moving_Average_Period: Period considered for trend identification.
Trailing_Stop: When the price reaches the take profit line, the trailing stop is automatically activated.
Limit_Orders: Maximum number of covers.
Manual_Mode: In manual mode, you make the first entry, and the EA manages the rest of the operation.

Recommendations

Minimum Deposit: $5000

You can replicate the results obtained by configuring the tester with the image data. Very important when testing the EA in the strategy tester. Without these resets, the EA will not function correctly.

Lot_Size: Reset to "0.01"
Initial Deposit: Reset to "$5000"

Our intention in providing this EA for free is to encourage discussions and improve the algorithm. Therefore, we ask you to leave your comments and reviews.

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Diamond Hedge MT4

Mario Miguel Marques Vara