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  • Reviews (1)
  • Comments (12)

ArtofHedge

Hedge Trading with minimum lot exponent, good for unknown trend.

Best for high impact news.


Default Settings

  • MagicNumber = 3377 - to separate and classify each symbol.
  • FirstLot = 0.10 - I suggest using smaller lot, according to your broker.
  • LotExponent = 1.44 - lot multiplier used after executing the first order.
  • HedgeTakeProfit = 5 - take profit for the first order.
  • LockPips = 5 - breakeven level in pips.
  • SecondGrid = 13 - pips between the first order and the second order.
  • GridStep = 13 - pips between the second order and the next order.
  • Max_Level = 16 - maximum level.


Indicator Filtering

  • RsiPeriod = 14
  • Upper = 65
  • Lower = 35
  • BbPeriod = 20
  • BbDeviation = 2.0

I recommend using it on H1 chart, but you can try others timeframes.

Indicator logic: when RSI hits 65/35 levels and volatility according to Bands grows, it opens an order.


Time Filtering

  • Start_Hour_AM = 0
  • End_Hour_AM = 1
  • Start_Hour_PM = 12
  • End_Hour_PM = 13

You are free to choose when to trade. The settings use broker local time.

I recommend:

  1. Trading only one or two hours a day. Choose time when you think the volatility is high.
  2. Choosing time when high impact news are published or before their publication.
ruht03
195
2015.01.30 19:54 
 

Total rubbish software. This website www.mql5.com should regulate what software can be sell and what software cannot be sell here on their website. Rubbish software like this is not worth $1 and it listed here on this website for $337....what a scammer. A lot of trash selling here on this website. Nothing worth to buy and nothing worth to spend your time using this software. Not profitable software as not well written strategy and the seller should know that......

Stay away from this software and save your money