Diamond Premium Hedging EA
- Experts
- Version: 1.2
- Activations: 5
Diamond Premium Hedging EA for MetaTrader 5
Diamond Premium Hedging EA is an automated Expert Advisor designed around a continuous hedge-cycle strategy. The EA opens an initial Buy or Sell position and places an opposite pending Stop order at a defined price distance.
How It Works
When the EA starts, it opens a Buy or Sell position according to the StartWithBuy setting. An opposite pending Stop order is then placed at the configured HedgeDistance.
When the open position reaches the defined TrailStartProfit level, the EA can move the pending hedge order according to the current market price.
If the opposite hedge order is triggered, the EA manages the reverse cycle by closing the previous position, removing existing pending orders, and creating a new opposite hedge order. The process is designed to continue automatically while the EA is running.
Key Features
• Automated hedge-cycle management
• Opposite pending Stop orders
• Automatic reverse-cycle management
• Adjustable lot size
• Adjustable hedge distance
• Adjustable trailing-start profit level
• Selectable initial Buy or Sell direction
• No DLL calls
Input Parameters
LotSize — Sets the trading volume used by the EA.
HedgeDistance — Sets the price distance used when placing the opposite hedge order.
TrailStartProfit — Defines the profit level at which the pending hedge order can begin trailing.
StartWithBuy — Selects whether the initial position is a Buy or Sell.
Recommended Use
Test the EA on a demo account before using it on a live account. Results can vary depending on the symbol, broker conditions, spread, execution, account type, and market conditions.
Hedging strategies can experience drawdown during certain market conditions. Use appropriate risk settings and carefully evaluate the EA before live trading.
Past or backtested performance does not guarantee future results.
Support
For questions regarding EA settings or installation, please contact the seller through the available MQL5 Market support options..
