Hedging Forex EA1
- Experts
- Samir Arman
- Version: 7.7
- Updated: 5 February 2024
- Activations: 5
With the new update
Do this Auto_Lots=false
An idea of testing hedge EA in the strategy tester will be given in this article. As you know, the strategy tester has its own limit unabling to open any order for another symbol. Every user that would like to test his/her own hedge Expert Advisors needs to test it/them live only. But does this limit our capabilities? I am sure that every hedge trader needs to test his own EA before trading live. So, I am giving the idea of generating a virtual strategy testing behavior (tester-like) to you all with hope that it can help us break through the mt4 strategy tester limit and hope that it will useful for further usage.
The ATR indicator has been added
When Open_ATR=true
It works in Take Profit mode
programmatically
With the control of the value of the pointer from the period and the timing to work on the pointer from the timeframe
When Open_ATR=false a manual Take Profit is placed
Parameters:
- Lot1: Manual Lot Size
- Auto_Lot: Set true to automatically calculate optimal Lot Size based on risk preferences, Set False if you want use manual lot size.
- Max_Risk: Max Risk as percentage of Equity* the greater this percentage is the greater the lot size if auto lot is used.
- Take_Profit: Take Profit in points adjusted for 30 or 20 Digits brokers.
- Stop_Loss: Stop Loss in points adjusted for 50 or 30 Digits brokers Prefer not to use.
- Start_Time: Start Time in GMT time. EA starting Time.
- End_Time: Ending Time in GMT time. EA Ending Time.
- Max_Open : maximum number of open deals.
- Max_Lots : And controlling the maximum lot size.
- Loss_USD : and closing all together at a loss from Loss use of Loss usd = zero does not work
- multiple_total : Control from here Recurrence of complications .
- Continuous_trading =true Keep working nonstop = false The Expert is deleted from the chart after the total profit of the transactions .
- Magic_Number: EA Magic Number
Currency:
Updated on expert
Now you can work on gold with currency pairs
If there are two or three numbers after the decimal point for the price of gold
An extra 0 should be added in front of the Take Profit instead of 20 being 200
If there is only one number after the decimal point of gold
Nothing is added to the Take Profit it works as it is 20 points
EA technically works on any currency pair, but for best results use
The most volatile major currency pairs are:
AUD/JPY
NZD/JPY
AUD/USD
CAD/JPY
Time Frame:
5 Minute Time frame
Work on the VPS server from here
Minimum recommended amount and Leverage :
Min Recommended Leverage: 1:400 or More.
Capital 5000 Working on only one currency pair of volatility pairs
The size of the first lot is 0.02
Hi All I bought this amazing EA because I don't want to stick to the charts all day long as my life is really busy. I believe that math is doing an amazing job since we are dealing with only numbers here in view of price, profit and loss. Long time ago I believe that gaining adequate amount of money from the forex market depends basically on an automated math-dependent method. - Utilizing the idea that prices move in waves ups and down, trends and retracements, Samir Arman came up with this amazing idea in this Grid trading expert Advisor that open hedge tickets at every level and tp at the next level, when the market starts retracing, it starts closing the new winning tickets against the far loosing ones in EVEN. Though it's not new but the method of close open tickets with retracement is really amazing, I started to gain money immediately as I started live trading using this EA. - The drawback of this EA is longterm trends that can blow your account, however I got a nice idea to deal with things like that, I will summarize them here; 1. Use on pairs that are known with oscillations like AUDJPY, NZDJPY, AUDCHF, EURCHF, etc.. 2. USE Cent accounts instead of standard account in cases of small capitals less than 5000 USD. 3. USE the ATR indicator to determine the gap; (I Use GRID level of ATR(50)/3), that I take the ATR for 50 days and divide it by 3, then when all the deals are closed I recalculate this again, so it will open tickets at safe distances and deceases the drawdowns. I am Sure that Samir Arman can add this method as an option in next updates.. many thanks Samir and all the best. I definitely recommend this EA and give it 5 stars.