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Hedging Pro Ultimate

5

Hedging Pro Ultimate uses a trend follow strategy coupled with virtual pending orders to maximize profits, virtual close partial to minimize drawdown and close by opposite signals if there is a change in trend to minimize losses. Hedging Pro Ultimate works fully automatically without manual intervention and is equipped with a news filter.

MT4 Version |  Product Guidance | Setfile

Suggested pairs: EURUSD,  GBPUSD, XAUUSD

Expert parameters:
1. Manage Open Positions
+ Open Position Mode: Select the open position method
+ Delete trendline after opening a position: set false for continuous pending orders.
+ Continue New Cycle: set false to stop a new cycle trade.

2. Manage pending orders
+ Pending Orders: Enable Virtual Pending Orders
+ Distance of pending orders from the current price (in pips)

+ Step size to move pending order (in pips)

3. Manage Lot and Money

+ Lot Type: Select lot type
+ AutoLot (ex. 1000 $ = 0.01): Manage lots
+ if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Ex. Balance 5000, fill in 1000, Autolot = 0.05)
+ if Autolot = false, fill in Start Lot: fill in the initial lot
+ Multiplier for Martingale 3/Anti Martingale 2/Mix Lot: Multiplier lot coefficient
+ Maximal Lots: max lots per trade

4. Manage GRID
+ Open Next Grid only on a new bar
+ Open Next Grid on Trend Direction : open next position only when there is a signal.
+ GRID Mode: Select grid strategy
+ Step (in pips): Distance to open the next position
+ Expanding Step Coefficient: step multiplier coefficient
+ MaxTrade Buy: Maximum allowed long positions
+ MaxTrade Sell: Maximun allowed short positions

5. Manage Lock
+ Use Lock: Use lock by drawdown/money/pips
+ Lock By Drawdown, ea will hedge the positions based on drawdown
+ Lock By Money, ea will hedge the position based on losing money
+ Lock By Pips, ea will hedge the position based on losing pips

6. Manage Close
+ Use Daily Target Profit, in money: Close all positions and remove ea from chart when daily profit target is reached
+ Cut loss if loss, $: close all positions when the cutloss target is reached, in money.

+ Cut loss if Drawdown, %: close all positions when the drawdown target is reached, in percentage.

7. Manage SL-TP 
+ Use Stoploss and Take Profit, in pips
+ Stop Loss(in pips), 0= no stoploss
+ Take Profit(in pips), 0= no take profit
+ Enable Virtual TP Average : close all position at Take Profit Average
+ Take Profit Average(in pips)
8. Manage Trailing Money
+ Trailling (in money): Trail profit in money.
+ Trail Money All (in Percentage): Trail profit in percentage balance.

9. Manage Drawdown Reduction
+ Use Auto Close Partial:
+ Select Close Partial Method:
+ Number of trades to activate partial close: Minimum open positions to start partial close.
+ Select Partial Takeprofit Method : Pips or Money
+ Minimum profit to close partial : Minimum profit to do partial close
+ Use Auto Close Partial, in percentage: Close partial in percentage
+ Number of trades to activate partial close: Minimum open positions to start partial close.
+ 1st Percentage profit to close partial 2, %: Minimum profit 1st last position to do partial close.
+ 2nd Percentage profit to close partial 2, %: Minimum profit 2nd last position to do partial close.
+ Auto Close Partial 3:
+ Select Close Partial 3 Method
+ Number of trades to activate partial close 3
+ Lots to start partial closing: minimum lots to activate partial closing 3
+ min Profit to close(in pips): Minimum profit to be able to close a position
+ Partial close percentage, % : How many % lots will be closed. Ex. 50% x lot 0.1 = 0.05 lot to close partial

10. Time Management
+ Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker's server time.
+ Trade Start Time: Time to start new cycle
+ Trade End Time: Time to stop new cycle

11. Continue new cycle management: start new cycle at the specified hour. Timing use local time or vps time.

12. Manage Others
+ Max Spread (in Pips): spread allowed
+ Coefficient (if Freeze=0 Or StopsLevels=0) : Fill in at least 1, only to anticipate volatile market conditions and the broker will increase freezelevel and stoplevel.
+ Magic number : Fill in 0 (Zero) so that ea can recognize all positions opened manually or by other eas.
Reviews 4
MARIO DANIELE SCRETI
2949
MARIO DANIELE SCRETI 2024.01.05 16:31 
 

It is the best tool for those who love semi-automated trading.

Sven Markus Weller
2394
Sven Markus Weller 2023.02.03 10:22 
 

Very successful EA and safe for the invested capital. I have been running in real money account for 4 months with a consistently good win. Acts every day. Fully recommended! 5 points

Hongpeng Wang
363
Hongpeng Wang 2022.01.07 11:37 
 

I've been using more than 1 month on 2 accounts, start in XAUUSD and GBPUSD 0.02 lots, get good returns. However, be careful about news and US session tradking, if you can't manager account properly it will blow your account easily. Author replied every question, good customer service.

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Darwin Swing MT5
Guillaume Duportal
4.92 (38)
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Nasdaq Quants NAS100
Teresa Maria Pimenta
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Quantum Gold Emperor MT5
Bogdan Ion Puscasu
4.88 (24)
Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD(GOLD) pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal : Click
US30 Scalper EA MT5
Lo Thi Mai Loan
4.83 (6)
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DaVinci Code EA
Shintaseftiana
3.4 (5)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Dark Algo MT5
Marco Solito
4.9 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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The Trendline Trade Panel was created to make it easier to train forex trading skills in backtester and at the same time make it easier to live trade using trendlines with the push of a button. This ea is perfect for beginners who want to learn to trade manually because all of its features are equipped with basic tools for trading forex. Other uses for Trendline Trade Panel: + Can be used to perform recovering loss positions made by other EA or positions that open manually. Fill in magic number
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Euro Hedge
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5 (1)
Euro Hedge is a combination of hedging, averaging, pyramiding, lot martingale and anti-martingale strategies plus the ability to close partial losing positions,  which the aim of getting in and out of the market as quickly as possible so as not to be trapped by unexpected market changes. Bot Explanation   | MT4 version  |  Setfile:    pls  leave a message on the comment tab, I will send you the latest setfile Suggested pairs : EURUSD, GBPUSD, XAUUSD Needs : + VPS with Good internet connection
Simple Trade Panel was created  to make it easier to train forex trading skills in backtester and at the same time make it easier to live trade using trendlines with the push of a button. This ea is perfect for beginners who want to learn to trade manually because all of its features are equipped with basic tools for trading forex. Superiority: + Can be used to perform recovering loss positions made by other ea or positions that open manually. Fill in magic number=0, then the ea will automatica
The Trendline Trade Panel was created to make it easier to train forex trading skills in backtester and at the same time make it easier to live trade using trendlines with the push of a button. This ea is perfect for beginners who want to learn to trade manually because all of its features are equipped with basic tools for trading forex. Other uses for Trendline Trade Panel: + Can be used to perform recovering loss positions made by other EA or positions that open manually. Fill in magic number
Filter:
MARIO DANIELE SCRETI
2949
MARIO DANIELE SCRETI 2024.01.05 16:31 
 

It is the best tool for those who love semi-automated trading.

Sven Markus Weller
2394
Sven Markus Weller 2023.02.03 10:22 
 

Very successful EA and safe for the invested capital. I have been running in real money account for 4 months with a consistently good win. Acts every day. Fully recommended! 5 points

Hongpeng Wang
363
Hongpeng Wang 2022.01.07 11:37 
 

I've been using more than 1 month on 2 accounts, start in XAUUSD and GBPUSD 0.02 lots, get good returns. However, be careful about news and US session tradking, if you can't manager account properly it will blow your account easily. Author replied every question, good customer service.

Orwa Kerdiea
506
Orwa Kerdiea 2021.09.18 14:50 
 

User didn't leave any comment to the rating

Reply to review
Version 6.4 2024.03.11
+ added Close Partial buy/sell 2, this feature will try to close 2 far loss positions if possible.
+ Added Close Partial All 2, this feature is a combination of close partial buy & sell and Close Partial buy/sell 2
+ Added virtual TP Average, this feature allows close all positions at Take Profit Average which is determined if there are more than 1 open positions.
Version 6.3 2024.02.25
added input parameter close all at the end of each session, this feature will close all open position at the specified time
Version 6.2 2024.01.05
Fix bug which cause auto remove
Version 6.1 2023.08.09
Update code for golden wave strategy
Version 6.0 2023.06.23
+ Added entry strategy Golden Wave
Note : pls contact me for the new setfile
Version 5.9 2023.06.19
+ Delete lock zero
+ Update code for Lock by drawdown
+ Update code for pending, make it more aggressive to place pending orders
Version 5.8 2023.06.03
+ Update pending orders, make it more simple
+ Update code for SL and TP, eliminating adjustment to the broker spread
+ Update code for Manage Continue Cycle, changing the clock from local time to server time. This is because many users are confused in determining the local time.
Version 5.7 2023.01.29
Fixed bug auto close partial 3
Version 5.6 2022.12.30
+ Update Auto Close Partial 3, this feature makes it possible to partially close lots that are experiencing a loss.
Note : There are changes to the setfile, please download the new setfile on the blog and reload all the setfile
Version 5.5 2022.10.15
Update code for Trade on Newbar, delete input parameter : New Bar Timeframe
Version 5.4 2022.10.14
+ Update code for cutloss by money/drawdown, if a cutloss occurs, the bot stops trading that day and will trade again the next day.
+ Added input parameter , Trade on a new bar. When activated, the bot will start trading every time there is a new bar. The user can enter the desired timeframe bar in the input parameter.
Version 5.3 2022.10.08
1. Added entry method : Trend Specialist
2. Added input parameter : Open Next Grid on Trend Direction , open next position only when there is a signal.
3. Added input parameter : Close partial in pips
You can download the latest setfile at the very bottom of the blog: https://www.mql5.com/en/blogs/post/744806
Version 5.2 2022.10.02
fix bug for trading day restriction on Sunday
Version 5.1 2022.10.02
+ Added trading day restrictions for Saturdays and Sundays.
+ Updated code for monitoring connections to broker servers. There will be a notification to the metaquotes id when the connection is interrupted.
Version 5.0 2022.09.23
+ Added Stoploss and takeprofit in pips.

You can get the latest setfile at the very bottom of the blog
Version 4.9 2022.08.04
+ Update code to minimize requotes
+ Update code for close all when the daily target is reached. With this update, if you trade manually by pressing the buystop/sellstop/buylimit/selllimit button, the button will be reset to normal again when the daily target is reached so that HPU will not open new positions.
Version 4.8 2022.07.27
Update code when daily target is reached, trade continued the next day.
Version 4.7 2022.07.27
+ Added input expert remove when daily target is reached.
+ Added code when daily target is reached, trade continued the next day.
+ Added input parameter close all when there is a news event.
Version 4.6 2022.07.16
+ Update code for 3 digits broker for Gold
+ Update code for show timer
Version 4.5 2022.06.13
Update code for Lock by drawdown/pips/money
Version 4.4 2022.06.10
Update code for news filter
Version 4.3 2022.06.03
+ Added input font size, now the user can specify the size of the font used.
+ Added input news update period in seconds, now the user can specify the update news period, in seconds.
+ Delete Board Panel
Version 4.2 2022.05.31
Fix bug for news filter.
Please download the latest setfile at the following link: https://www.mql5.com/en/blogs/post/744806
Version 4.1 2022.05.24

+ Added board panels
+ Added code to minimize requotes when open and close positions.
Version 4.0 2022.05.18
Added news filter.

Now users can activate the stop trade by news feature.

News calendar uses the built in news calendar on the MT5 terminal.
Version 3.9 2022.03.29
Added Close Partial All option as follows:

Close Partial All 1 is close partial all version 3.5

Close Partial All 2 is close Partial all update 3.6.

Close Partial All 2 is a combination of close partial buy/sell (update 3.6) and close partial buy & sell.
Version 3.8 2022.03.24
MInor update for close partial buy/sell
Version 3.7 2022.03.23
Fix minor bug for additional information
Version 3.6 2022.03.22
Update code for Close Partial Buy/Sell.
Before: EA will only close partial first position loss
After : EA can close partial 1st and 2nd position loss if conditions allow
Please download the latest setfile on the blog post https://www.mql5.com/en/blogs/post/744806
Version 3.5 2022.01.26
update code for open position mode : Start With Manual Trade, with the aim of accelerating the placement of pending orders
Version 3.4 2022.01.19
+ Added distance pending order at trade panel, for open position mode : Start With Manual Trade
Version 3.3 2022.01.07
+ Added open position mode : Start With Manual Trade. This feature allows you to open positions manually by using the buy/sell/buystop/sellstop/buylimit/selllimit buttons.
+ Added a feature so that expert advisors can recognize open positions that are done manually or open positions by other eas. Fill in magic=0, then ea will recognize all open positions on that currency.

Because my mql5 account has been banned for unknwon reasons until January 15, 2022, you can contact me on telegram @Kerupukpedes or email: sugiantosoegandi@gmail.com
Version 3.2 2021.11.29
Fix Bug for Lock by loss in pips
Version 3.1 2021.11.29
update code for lock by drawdown/money/pips
Version 3.0 2021.11.18
+ Added "Show Additional Info" parameter,
+ Added "Show Button" parameter
Users can activate and deactivate it as needed, for example to save computer/vps resource consumption.
Version 2.9 2021.11.17
+ Added MaxTrade Buy: Maximum allowed long positions
+ Added MaxTrade Sell: Maximun allowed sell position
+ Added Lock By Loss in Money: The bot will lock the position when the loss in money is reached.
+ Added Lock by Loss in pips; The bot will lock the position when the loss in pips is reached.

Please download the latest setfile on the blog for an example of using lock by loss in money
Version 2.8 2021.11.15
Update code for dashboard monitor margin
Version 2.7 2021.11.14
+ Added a dashboard to monitor the margin required to open the next position and the total available lots.

It is hoped that this information will make it easier for users to monitor the health of their accounts and be able to make the right decisions with accurate data.

+ New Update For Lock By Drawdown:
Previously:
Lock will be executed when drawdown is reached by opening 1 position with lots based on accumulated total lots.
Example: 5 open positions buy a total of 5 lots, the bot will open 1 sell with 5 lots.

New Updates:
Lock will be distributed evenly by opening positions opposite the number of open positions that experienced a drawdown.
Example: 5 open positions buy a total of 5 lots, then the bot will open 5 open sell positions with a total of 5 lots in the initial stage.

Next stage the bot will continue to open hedge positions while doing partial closes.

The hedging position will only be opened once, if it has been partially closed, the bot will not reopen the position.

+ Added Mix Lot 6, please download the latest setfile on the Hedging Pro Ultimate blog
Version 2.6 2021.11.12
+ Added Hedging Pro Ultimate new feature : LOCK ZERO
Hedging Pro Ultimate will do a partial close to get a profit, and sometimes the partial close makes the buy and sell hedging positions unbalanced, for example, there are only buy or sell positions.

Lock Zero will open a locking position if there are only buy and sell positions, with a note if the buy or sell position is negative or experiencing floating loss. If the profit is floating, the bot will not open a lock position.

+ Update code for pending orders, now the bot will open stop and limit pending orders if there are only buy or sell positions after the "Number of trade to start Pending Order" is reached.
Example:
Number of trade to start Pending Order = 5,
Buy position : 5
Sell position : 0
Then the bot will place a pending sellstop and sell limit.

+ Update code for Lock by Drawdown, previously the drawdown calculation included the total of all open charts, now the drawdown is only for the chart in question.
Version 2.5 2021.11.07
+ Update code for trailing in percetages
Note: for an example of its use, I added a setfile for XAUUSD Simple H Grid Mode, please download the latest setfile on the Blog.
Version 2.4 2021.11.03
Update code for open & close positions using prices in seconds: 0,20,40, and 59 deviations 3 seconds
Version 2.3 2021.10.28
Added feature to synchronize orders when the server is disconnected
Version 2.2 2021.10.28
+ Added server connection speed monitor
+ Update code for Grid Mode Hedging Pro, Ultimate and Pyramid 1

Please download the latest setfile in the comment tab
Version 2.1 2021.10.02
Added Grid Mode : Pyramid 1, if the price goes up = buy, if the price goes down = sell
Version 2.0 2021.10.02
Added Close All Profit by Money and Percentages
Version 1.9 2021.09.23
fix issue on checking free margin for locking lots
Version 1.8 2021.09.20
update code in determining the maximum lot lock
Version 1.7 2021.09.20
Added code limiting maximum lots per trade for lot locks.
Version 1.6 2021.09.19
added daily target feature, if the daily profit target is reached, the expert will be removed from the chart automatically.
Version 1.5 2021.09.18
Added Lock By Drawdown
There are 3 lock methods that can be used:
+ Lock Profit, ea will hedge the positions based on the number of profitable lots
+ Lock Minus, ea will hedge the position based on the number of losing lots
+ Lock All, a combination of lock Profit+Lock Minus
Version 1.3 2021.09.18
+ added Hedging feature
Version 1.2 2021.09.18
I have analyzed the weakness of the Hedging Pro Ultimate, if the price moves with high volatility, the bot will have problems running out of free margin to continuously take new positions.

And this usually happens in the UK and US sessions and every Friday at the close of the market.

Here is the update for Hedging Pro Ultimate to address the issue:
1. add cutloss by money and by drawdown. This is to ensure the safety of capital.
2. add auto close partial 3, where partial close will be done only on the last profit position.
3. add trading day restrictions.
4. add a manage new cycle, so that you can choose at certain hours to only manage open positions and will not open new positions after all positions are clear.
Version 1.1 2021.07.16
Update auto lot