Trend hedge master EA
- Experts
- Arkadii Zagorulko
- Version: 101.0
- Updated: 18 July 2023
- Activations: 5
The logic of the Trend Hedge Master EA is to open a trade in the direction of the trend after a period of consolidation. If there is a perceived change in the trend, it can open additional orders, expecting the price to return to its original direction and subsequently close the positions. However, if the trend truly reverses, the EA closes the losing orders by using the profit from new trades that align with the new trend.
The default settings are designed for EURUSD on the M15 timeframe, with 5 decimal places. By default, the EA can open up to 5 orders in one direction (for a total of up to 10). The EA uses a Martingale strategy and can open orders against the trend. If you don't understand the principle of Martingale or don't agree with it, you should not use this EA.
Historical optimization has not been performed because it has no practical meaning. Many EAs show good results in a strategy tester, but such situations are rarely repeated in a real market.
The EA can work with an order opened manually if it is at a loss (only one order is allowed). To do this, you must run the EA on the same symbol where the losing order was opened and set the magic number to the order's number (for manually opened orders, this is 0). In this way, the EA can serve as a supplement to your manual trading.
Requirements: A hedging account. For accounts with a balance of less than 3,000 units of the deposit currency, the minimum trade size is 0.01 lots. The recommended balance is 1,000 or more units of the deposit currency (it's possible to use it with a smaller deposit, but the risks are higher).
EA Parameters-
Average grid size (points): The minimum distance between orders (an average value; the EA automatically optimizes this parameter).
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One side maximum orders: The maximum number of orders in one direction.
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Start lot: The volume of the first order.
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Maximal lot: The maximum allowed order volume (if the limit is exceeded, an order is opened with this value).
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Martingale coefficient: The coefficient for increasing the volume of subsequent orders.
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Take profit multiplication factor: The take profit multiplier (increase the value for a larger take profit).
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Spread limit: The spread limit for opening an order.
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Magic number: A unique number for the EA's orders (this allows the EA to distinguish its orders; do not run multiple EAs on the same symbol with the same number).
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Hour start (MT4 time): The hour when the EA begins to work (for opening the first order).
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Hour end: The hour when the EA stops working (if there are no open orders).
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Command string: An auxiliary setting (used in agreement with the author).
Before you buy and install the EA, be sure to test it in a strategy tester with visualization. If you have questions or concerns about the settings, ask them in the discussion section.
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