Market / MetaTrader 4 / Utilities /

Hedging Strategy EA

89 USD

Demo downloaded: 61

Published: 6 July 2021

Current version: 7.4

Hedging Strategy EA

Utilities
Christianiel Robles Faustino
Version: 7.4
Updated: 11 December 2021
Activations: 5

================== FULL VERSION =====================

Automatically hedge the open order after initially opening a trade.

Important Notes:

- Hedging account is required.(Check on your broker)

- Magic no./Expert ID should be set upon placing an order. Magic# is set per currency pair. Use a Script/Indicator. Try this.

Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

- Auto Trade >>> should be disabled on live account. It is for testing purposes only.

- Moving Average Period >>> open a trade if price closed below/above the MA Period. (Auto Trade is enabled)

- Last Candle Size in Pips >>> open a trade if last candle X pips closed above/below MA Period

- Time Frame >>> Moving Average Period Time Frame

- Lot Size >>> used if Auto Trade is enabled

- Buy Order Magic# >>> set the Buy Magic# based on open buy Magic#

- Sell Order Magic# >>> set the Sell Magic# based on open sell Magic#

- Buy/Sell Magic# should not be the same

Risk/Reward: Hedging will stop until Take Profit is Hit or Free Margin is not enough to open another trade. If your Take Profit is not Hit yet, please take note that you'll lose the trade if there's no enough money/free margin left to open another trade. Hedging Strategy is limited based on your account size and initial order lot size. It means that you'll only have a number of consecutive stop losses it can take based on your free margin.

Please refer to screenshot.

1 - Sends order automatically based on last candle size and moving average period. Use only in strategy tester, disable in live trading.

2 - Lot size when Auto Trade is enabled.

3 - Last candle size to enter a trade.(Auto Trade is enabled)

4 - Moving Average Time Frame

5 - Moving Average Method

6 - Moving Average Period

7 - Matched the buy order magic number with your buy placed order magic no., then set #8 any different sell magic no.

8 - Matched the sell order magic number with your sell placed order magic no., then set #7 any different buy magic no.

9 - Max Spread Value

10 - Delete orders if current spread > max spread value set

11 - Cancel limit order if 1:1RR is already reached

12 - Cancel limit order if price closed above/below moving average

13 - Cancel limit order when no. of new candles reached after placing an order

14 - No. of new candles

15 - Close orders if there's no enough money/margin left to trade

DEMO version download:

Download the 'Hedging Strategy EA DEMO' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

FREE Tools:

https://www.mql5.com/en/market/product/60301 - Order Management Script

https://www.mql5.com/en/market/product/77073 - Fibonacci Entries

https://www.mql5.com/en/market/product/77072 - ADR Pips Meter

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Objective: To show on the chart the current pip sizes of ADR, Spread, Bars, Day, Risk Reward and Shift Candle. Inputs: Select in which corner it will be displayed Set the X position of the indicator Set the Y position of the indicator Set the Font Style Set the Font Size Set the font color of current and last bar size Set the ADR font color Set the Spread color Set the day color Show/Hide the normal maximum spread on some symbols, suggested risk reward ration and last shift candle size

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--------------------DEMO VERSION----------------------------- It will only run on GBPUSD and EURUSD currency pairs only Objective: To notify/alert traders if price touched or closed above/below the moving average. Features/Settings: Moving average method supported: Simple, Exponential, Smoothed and Linear Weighted Works on all currency pairs. Set the Moving Average Period/Shift value Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Set the Applied Price: Close, Open, High, Low, Pric

FREE

================== DEMO VERSION ONLY ===================== Demo version will only run on Demo Account. Automatically hedge the open order after initially opening a trade. Important Notes: - Hedging account is required.(Check on your broker) - Magic no./Expert ID should be set upon placing an order. Magic# is set per currency pair. Use a Script/Indicator. Try this. Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com) - Auto

FREE

============ FREE ============= Objective: To properly manage risks and quickly execute trades Works on all timeframes and currency pairs Quickly place a trade Prevents bad entries when executing a trade by limiting max spread Set your entry and stop loss at better price Set fixed risk amount/percentage per trade Automatically calculate position/lot size based on risk amount/percentage Set proper stop loss level by setting min and max pips Other Tools: https://www.mql5.com/en/market/produc

FREE

===================== DEMO VERSION =========================== Note: Demo version will only monitor GBPUSD and EURUSD pairs. Cloud Eyes is an advanced moving average alert that will easily monitor the price action based on set moving averages to multiple open charts. Objective: To monitor multiple open charts and notify traders conveniently in a single display panel when using the moving averages to enter/exit a trades. Features: Monitor price action in two timeframes at the same time Suppor

FREE

=============================== DEMO VERSION ==================================== Demo version will only run on Demo Account ========= BTMM TRADING MANAGER ============== Objective: Trading Manager EA Robot helps manage your multiple orders specially with BTMM Strategy with proper risk reward ratio. It will lessen your time to monitor your multiple trades from time to time. Trade hassle free using this tool. Important Notes: - Auto Trade will automatically send order if shift candle closed a

FREE

This is a Indicator that alert if price closed above/below/touched the line. ---------------------DEMO VERSION----------------------- This will only run on GBPUSD and EURUSD currency pairs only. (Full Version works on all currency pairs ) Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to mobile, Email Input alert

FREE

=============================== FULL VERSION ==================================== >>>>> PRICE DROP from $99 to $49 limited time only <<<<<< BTMM TRADING MANAGER Objective: Trading Manager EA Robot helps manage your multiple orders specially with BTMM Strategy with proper risk reward ratio. It will lessen your time to monitor your multiple trades from time to time. Trade hassle free using this tool. Important Notes: - Auto Trade will automatically send order if shift candle closed above/below th

49 USD

Cloud Eyes is an advanced moving average alert that will easily monitor the price action based on set moving averages to multiple open charts. Objective: To monitor multiple open charts and notify traders conveniently in a single display panel when using the moving averages to enter/exit a trades. Features: Monitor price action in two timeframes at the same time Supports simple, exponential, smoothed, linear weighted moving averages Trigger an alert based on candle size (full/body length) Ca

79 USD

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Version 7.4 2021.12.11

Added:
- Support on other products (Indices, Metals, Commodities, Cryptocurrencies, Instruments)

Version 7.3 2021.12.10

Changed:
- Adjust average spread on each symbols
- Customize last bar size and auto SL on your preferred settings

Version 7.2 2021.12.08

Changed:
- Auto retrieve magic # on opened orders

Version 7.1 2021.12.07

Added:
- When enable, automatically close orders when spread is too big or there is a news.
- Automatically calculate stop loss and entry from Auto Trade(Strategy Tester)

Version 7.0 2021.07.27

Information:
- Auto trade will only run on testing mode.

Version 6.9 2021.07.26

Changed:
- Auto Remove EA if there's no open orders

Version 6.8 2021.07.16

Changed:
- Additional checks to start EA

Version 6.7 2021.07.13

Fixed:
- Output messages

Version 6.6 2021.07.13

Fixed:
- Auto Cancellation of Buy/Sell Limit orders when price closed below/above MA and 1:1RR reached

Version 6.5 2021.07.06

- Fixed sending order error when Auto Trade is Enabled