Sure Fire Hedging Strategy
This is an old and well-known strategy from the book "Sure Fire Hedging Strategy".
This strategy is using a hedge order with a higher lot size for the last (opposite) order and will receive profit if your free margin is huge enough to handle.
A good money management is needed for using this system.
You can use a pending or a direct order as a hedge order on the EA input properties.
TP and SL are based on the book "Sure Fire Hedging Strategy". TP/SL is 30/60.
- First_Balance – your first initial balance. The EA cannot work without it.
- Start_Hours – default 00:00 means the EA starts running at 00:00 broker server time.
- End_Hours – default 24:00 means the EA stops running at 24:00 broker server time.
- Magic_Number_Sell – magic number for the first sell order that is automatically placed by the EA if Scan_Order is false.
- Magic_Number_Buy – magic number for the first buy order that is automatically placed by the EA if Scan_Order is false.
- First_Lot – initial lot size for any first order that is automatically placed by the EA if Scan_Order is false.
- Scan_Order – if true, auto first order by the EA does not work, and it will scan and track any other order placed manually or by other EA. It will be hedged by SFHS EA automatically.
- Enable_Hedge – if false, all hedge orders are disabled.
- Max_Hedge_Order – how many hedge orders are allowed. Default 20 means 20 hedge orders are allowed.
- Step – how many points to be hedged. Default 300 means 300 points = 30 pips.
- First_Hedge_Lot_Times – how many times the first hedged lot multiplier applies to the next hedge order. Default 1 means the first hedged lot size is applied only once.
- First_Hedge_Lot – the first hedged lot size multiplier. Default 3 means if the first order has, for example, a lot size of 0.01, the first order is hedged by the lot size 0.03 (0.01 x 3).
- Next_Hedge_Lot – hedged lot multiplier after the first hedge order, the default 2 means if the last hedge order has, for example, the lot size of 0.03, it is hedged again by the lot size of 0.06 (0.03 x 2).
- Hidden_TP_SL – use hidden TP/SL; if true, the target percentage or profit is used to close all orders, if false, it activates an ordinary old target SL/TP in pips.
- Profit_Target – target profit in account currency. Default 2 means that, for example, a USD account should have the profit of 2 USD to close all opened orders. Activate this function by setting the Percent_target to false and Hidden_TP_SL to true.
- Percent_Target – if true and Hidden_TP_SL is true, the target percentage from the current balance is activated to close all orders, the target percentage profit is for the current pair only.
- Target_Percent – target percentage from the current balance. Default 0.2 means if a total profit of the current pair reaches 0.2% of the current balance, it closes all orders.
- Hedge_TP – ordinary old style take profit target in pips. Default 300 means TP is 300 points (30 pips).
- Hedge_SL – ordinary old style stop loss target in pips. Default 600 means SL is 600 points (60 pips).
- Trailing_STOP_Enable – activate trailing stop function. This function works only for the old style target in pips, and a trailing stop always has a priority for the last hedge order. To activate this function, set Trailing_STOP_Enable to true and Hidden_TP_SL – to false.
- Trailing_Stop – distance in pips, after which trailing stop function starts. Default 200 means 200 points (20 pips).
- M1_Trend – M1 trend up or down filter (combination of several trend indicators). If true, it allows the EA to put the first order on HLH4 ranging status.
- Max_Spread_Allowed – maximum allowed spread for trading. Default 20 means 20 points = 2 pips. If a spread from a broker is more than 20 points, the EA is not active until the spread is below 20 points again. It is a good filter of spread during a highly volatile market and news releases.
- Monday – Day filter, if set to true, it will activate Monday day filtering, means will no new cycle of first order on Monday.
- Tuesday – Day filter, if set to true, it will activate Tuesday day filtering, means will no new cycle of first order on Tuesday.
- Wednesday – Day filter, if set to true, it will activate Wednesday day filtering, means will no new cycle of first order on Wednesday.
- Thursday – Day filter, if set to true, it will activate Thursday day filtering, means will no new cycle of first order on Thursday.
- Friday – Day filter, if set to true, it will activate Friday day filtering, means will no new cycle of first order on Friday.
The auto first order of the EA has several conditions (using HLH4 Trend, High Low H4 timeframe trend tracker):
- the first order is buy if HLH4 is an uptrend.
- the first order is sell if HLH4 is a downtrend.
- no orders if HLH4 is a ranging trend, but if you want to keep opening orders, just set M1_Trend to true. This will allow the EA to put the first order buy or sell when the HLH4 system is in a ranging trend condition.
Trailing stop function detail:
- Activated if Hidden_TP_SL is false and Trailing_STOP_Enable is true.
- Trailing stop always has a priority for the last hedge orders of the same type.
Below is an example of using First_Hedge_Lot_Times set to 4, First_Hedge_Lot set to 3 and Next_Hedge_Lot set to 2:
(4 times of 3.0 lot multiplier example)
- The main first Buy order is opened (1 opened order), the lot size is 0.01
- The first hedge Sell order with 3.0 lot multiplier opened (1 opened order), the lot size is 0.03, the previous order lot 0.01 X 3
- The second hedge Buy order with 3.0 lot multiplier opened (1 opened order), the lot size is 0.09, the previous order lot 0.03 X 3
- The third hedge Sell order with 3.0 lot multiplier opened (1 opened order), the lot size is 0.27, the previous order lot 0.09 X 3
- The fourth hedge Buy order with 3.0 lot multiplier opened (1 opened order), the lot size is 0.81, the previous order lot 0.27 X 3
- The fifth hedge Sell order with 2.0 lot multiplier opened (1 opened order), the lot size is 1.62, the previous order lot 0.81 X 2
- The sixth hedge Buy order with 2.0 lot multiplier opened (1 opened order), the lot size is 3.24, the previous order lot 1.62 X 2
- If Scan_Order is true, it blocks the auto first order and activates a scan of orders placed on the chart manually or by other EA and supervises to be hedged, too.
Example of using an ordinary old target SL/TP (trailing stop is not activated):
- SL/TP 30/30 (in pips), Hidden_TP_SL should be false, Step should be 300, Hedge_TP should be 300 and Hedge_SL should be 600.
- SL/TP 50/50 (in pips), Hidden_TP_SL should be false, Step should be 500, Hedge_TP should be 500 and Hedge_SL should be 1 000.
- SL/TP 100/100 (in pips), Hidden_TP_SL should be false, Step should be 1 000, Hedge_TP should be 1 000 and Hedge_SL should be 2 000.
- SL/TP 10/10 (in pips), Hidden_TP_SL should be false, Step should be 100, Hedge_TP should be 100 and Hedge_SL should be 200.
Why using a hidden TP/SL is more effective:
- It allows the EA to avoid any widening spread from a broker, slippage, requotes and some cheat from broker. So, with a target profit or percentage it is not a problem if an order shows a slippage or is not equal in a step interval. As long as this EA sticks to the target profit, then the precise distance between orders is not important.
- The EA can work with any broker, slippage and spread.
Pyramiding is a method of increasing a position size by using unrealized profits from successful trades as margin for new ones. This Expert Advisor will pyramid your trades without your intervention. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Pyramid your successful trades easily Make the most out of your winning trades Fully configurable pyramiding behavior Pyramiding is timeframe independent Works for ECN/Non-ECN brokers and 2-3-4-5 digits Takes random trades
Best Night Scalper EA Forward test 14 week. Some pair have good result : GBP/CHF, EUR/CHF, GBP/USD, USD/CHF, EUR/CAD. Please see image in attatchment. Time frame: M15 Backtest : 99.99% with variable spread and Spread 50 Points. Don't worry about spread because backtest with high spread Point is still profitable -------------------------Setting------------------------------------------------------------------------- Magic: If set to a number = 0 it will calculate MagicNumber automatically GMT_
There are many good trade managers out there, but this one is tailored specifically for news traders. It allows you to set your targets based on the size of the spike. Input Parameters BreakEven: Move stop loss to lock-in profit price. BreakEvenPips: Pips in profit to reach before setting a BreakEven. BreakEvenProfit: Profit in pips to set the BreakEven. AutoStopLoss: Initial Stop Loss. AutoTakeProfit: Initial Take Profit. TP1: Close half the position once desired profit in pips has been reach
The Expert Advisor is designed for trading binary options automatically in the МТ4 terminal. Using a set of indicators built into the EA and the martingale system, you can highly customize the trade parameters of the EA according to your trading system. For example: using the RSI, ParabolicSAR, Hama System and MA indicators together, the EA is able to determine the market entry points more accurately. Martingale helps the EA transfer an unprofitable trade into profit. It is activated only if the
Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here: Simple Forex Trading Strategies The expert advisor opens trades when the SMAs cross and when the WPR has left overbought/oversold areas. The SMAs are also programmed to close the trades if the trend changes. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is NZDUSD and the recommended timeframe to opera
NDS grid is a very simple and safe grid Expert Advisor, a scalper that additionally benefits on rebate accounts. During its operation, the EA uses multiple scalping strategies and places an order grid. The EA can detect 4 and 5-digit quotes automatically. It mainly uses hidden stop orders. It tries to adapt to the market and not to hold unprofitable positions for long. Requirements MetaTrader 4 platform 4 or 5-digit quotes Currency pair - GBPUSD (H1) Leverage - 1:100 or 1:200 Recommendations
⭐⭐⭐⭐⭐ Only EA developed over 1 year ago, which remains consistent in the market and in the #10 Top of the MQL Store ⭐⭐⭐⭐⭐ >>> You can use this EA with a balance starting at $30 in a cent account. Doubts about which broker and how much balance you need to trade, send me a message <<< Summary: Samurai Scaper Pro Series EUR/USD is an EA developed to run the EUR/USD on 5 MINUTE timeframe. This EA uses statistical analysis applied to the EUR/USD over 20 years to determine the best points o
The goal of the strategy is the retention of the balance curve from drawdown. Uses the engine of the Prototype-2 Expert Advisor with the addition of "smart hedge". The EA passes the test on 16-year history, proven to work on real accounts. The default settings are for EURUSD M15. Real account monitoring: https://www.mql5.com/en/signals/91577 Differences of Prototype Smart Hedge from Prototype-2: Оptions Differences between "Prototype-2 Smart Hedge" from "Prototype-2" Closing Negative orders are
Whistler EA Whistler is a fully automated Expert Advisor, that trades the 24 hours a day in the forex market. The expert builds a clever grid of warrants, "collecting" all market movements. It does not require signals from indicators and does not depend on them. Indicator for the advisor is the market itself - the movement and direction of the price. Moving for the price, the adviser extracts the maximum profit, being guided by the basic principles of the market: a trend, a rollback and a f
Gerda is a grid Expert Advisor. It features all the best qualities of a grid strategy, namely lot and grid step multiplier as well as trailing stop. It can also be used as a standard grid EA by setting LotsMultiplier and StepMultiplier parameter values to 1. Trailing stop can be disabled as well by setting TrailingStop parameter to 0. As you can see, the EA is quite flexible and easily customizable. The EA works both with large and small deposits with the minimum leverage of 1:100. Account type
Currency - Eur/Usd Candle Time - 5m for best results Recomended Broker - IG Leverage - 1:200 Minimum Deposit - $100 Fully Automated EA for Longs and Shorts You can adjust to whichever RSI period and value you want. -RSI PERIODS & VALUES WHEN THEY CROSS ARE ALL ADJUSTABLE IN THE INPUTS & THE TAKE PROFIT AND STOPLOSS OF HEDGING LONG AND SHORT TRADES. Default settings are to... *When a LONGS trade is put on it puts in a Short at the same time. If the Short goes above 20 pips it will hit Stop
⭐⭐⭐⭐⭐ Speed magic New Lite Speed Magic New Full Difference of Lite version from Full: - trade is conducted only with a fixed minimum lot - trimmed profit Русскоязычное описание Telegram band Speed Magic .set files and expert settings Speed magic New - This is a completely new trading system to achieve the fastest possible profit . This is a mixture of one of the best time-tested trading systems with the addition of aggressive parameters and an aggressive hedging system. This is
Description Yield Martingale is a soft martingale Expert Advisor. The expected year return is about 25 - 30% of account balance with a medium DD of 15%. The EA is very safe and it passed the 10 years backtest on all major currency pairs. The annual return is not too high, but you can use it in a currency portfolio to have a good annual profit with a very low risk. Parameters MinStep - minimum step for orders mediation. Multiplier - lot multiplier for orders mediation. MinGain - minimum gain pr
Trend Scraper features: The Stop Loss is invisible to the broker; Hidden algorithm for entering the market; Easy setup; Small drawdown; Any symbols at one time; Ultra-fast optimization; Entry at trend reversals; Breakeven function. Easy setup and use are the keys to the success of a trading system. Only two parameters for setup and optimization! The task of the robot is to "hack" the trend at the very beginning when currency pairs or futures only start moving, and maintain an open position in th
Gendhis EURUSD scalper is a fully automated Expert Adviser that works by observing speed of price movements with Bollinger Bands filter. This EA uses pending orders in upper or lower Bollinger Bands to search for breakout price. This EA is designed for EURUSD only. Requirements Not all brokers are suited to run this EA. Only a broker with a tight spread, tight stop level and order execution time of less than 100 milliseconds. 5 digit broker. It is recommended to use an ECN broker with a low sp
👨💻👨💻👨💻👨💻👨💻 Automatic trading adviser selling intraday trading 👨💻👨💻👨💻👨💻👨💻 The EA finds fast deviations from the average price and trades in a reversal direction, catching a pullback. 🌟Works on all pairs and on all time frames. The EA has settings for conducting manual orders, and also has a panel on the chart for management. Pairs what i use with default settings eurusd M1 eurchf M1 gbpjpy m1 nzdcad m1 Real-time results can be viewed here . Telegram group
This is a Virtual Grid EA with positive (for traders) slippage. I recommend it for pair EURUSD. EA may be use as Rebate generator. Works ok during news and gaps (with depo >1000$). Working timeframe M1 . Strategy The system does not use regular takeprofits and stop loss. Martingale is not used. EA use unique indicator (for open "Zero"). Monitoring (5EAs) _https://www.mql5.com/en/signals/508303 Parameters (one of the safest) Rebate Virtual Grid MM_Type 0 MM: 0-mi
Night Smart Grid Night Smart Grid is an expert Advisor working at night (Asian session) according to its own algorithm. The EA can open from 1 to several orders depending on the market situation in the Asian session. The EA trades GBPUSD profitably. Timeframe M15 To trade you need to correctly set the GMT of the broker. Minimum Deposit 250$, lot 0.01 The parameters of the EA: Lot; Lots from Deposit - true/false; Max Lots (0-auto); Min Lots (0-auto); % from Deposit; GMToffset
This is a multi-strategy EA. In the night scalping mode, the filters filter a trend-free range market environment and trades are placed in the opposite direction at the edges of the range. With an additional main trend filter in the trend-following mode, you can also trade pull-backs during trends on the day. Inputs UseDrawDown if true then drawdown mode is active MaxAllowedDrawDown close all trades if drawdown more then x % Trading Hour Start EA operation start hour Trading Minute Start EA o
PROFITABLE HIGHER AND SAFER ⭐ ⭐ ⭐ ⭐ ⭐ - Kakarot EA uses indicators combined with AI algorithm according to the principle of trend detection and trend matching. - The principle of order balancing, low DD protects accounts better for high profits. - Flexible command entry and exit - Works on all pairs, preferable to major USD pairs. - Support trade manual methods. - Provide effective bot management parameters at your own discretion to be able to bring a much higher profit. Help Manual Bot config
Return The Return Forex EA The Robot was designed by myself and works already on live accounts. Can be used with TP and SL settings with trailing stop as Martingale The robot works on all Currency PAirs and all Time Frames. The higher the Frame so higher the possibility of the trade accuracy. I wish everyone who purchases the EA maximum sucess and good trading results Please trade carefully and responsibly. Thank you and Happy trading everyone
News release gives a good opportunity to make money because the price usually has big move at News time. This is typical strategy that places two opposite pending stop orders with a specific distance from price at specific time and date before news release to catch the breakout. Regardless of direction of the price move, we expect a large jump and it will trigger one of the pending orders. With this Expert, trading news becomes easier and more accurate than Manual method. No waiting, no miss
el Asesor Experto usa una combinación de estrategias que se ejecutan dependiendo del comportamiento del mercado y adaptándose a las condiciones del mismo, ya sea en rango o en tendencia.. el algoritmo calcula niveles dinámicos de soporte o resistencia dependiendo sea el caso y al combinarlos con la estrategia de fibonacci + scalping logra muy buenos rendimientos. INSTRUMENTO RECOMENDADO GBPNZD, EURNZD, GBPUSD, EURUSD, NZDCAD TIMEFRAME M1, M5 o M15 (recomendado) RECOMIENDO VERIFICAR N
Attention: Please don't forget to test our BREXIT EA too. New Version 1.4 released - some minor changes on AI logic for better signal analysis. Multiple Timeframe Breakout by Reliable EA "Multiple Timeframe Breakout" expert advisor by Reliable EA is an innovative, AI-based EA, combining trading in a lower time frame and using additional signals within a higher timeframe. It uses some features of artificial intelligence (fuzzy-algos for selecting entries, readjustments of open trades by deep
This is EA using the martingale and averaging strategy. This strategy is low risk and high profitability than the normal martingale. Weakness of Martingale is that the order lots increase at an accelerated pace, but also it reduces the profit if the first lot is small. Therefore, to achieve low risk and high profitability by trading many currency pairs in parallel while small first lot. How to use This EA does not work with the default settings. You can trade only symbols specified in the seco
Ultimate Simple - полностью автоматизированная торговая система. Торговый робот работает на любых валютных парах и на любом таймфрейме. Работа робота основана на принципе дивергенции(против основного тренда). Объем входа в рынок и риски жестко контролируются на основе алгоритмов. Количество сделок ограничено уровнем свободной маржи в процентах, которое по умолчанию равно 1500% (во входных параметрах level = 1500.00). Объем входа в рынок зависит от количества свободных средств на счету, а если
This simple Expert Advisor is based on the Martingale principle. The EA opens two counter orders and closes the profitable one when a preset profit in pips is reached. After it closes the order, the EA opens two orders again, but the order, which goes in unprofitable direction, is opened with double lot. All orders are closed when the preset profit is reached. Parameters Show comment (true/false) - show or hide comments of the EA (data about balance and orders opened by the EA); Magic – magic
CAP Wabot Scalper EA is a fully automated Expert Advisor for Forex trading that uses advance price movement. Indicators are not used in operation. The EA uses Take Profit and Stop Loss. Averaging and Martingale are not used. This EA is basically designed to trade EURUSD, GBPUSD and USDJPY which implements a complete and fully-functional trading strategy. But EA can be working any of pair. This EA will need a good broker with small spread to work successfully. CAP Wabot Scalper EA is ba
1. All parameters of the version 26.0 have been left intact.
2. Added the new parameter "Day Filter", Set to true for activate each day filter parameter to avoid new cycle of first order on specific day, day filter is good for avoid Gap on monday also.
2. Added the new parameter "Auto Cut Lost", default is 80 in percent, that means if your current balance is lost 80%, the EA will close all opened orders automatically and system will reset before opening a new first order.
3. Bug fixes.
1. Added the Time_Filter_For_First_Order parameter - activate time filter of the first order.
2. Added the Time_Filter_For_Hedge_Order parameter - activate time filter of a hedge order.
1. Added spread filter parameter.
2. Fixed previous version bugs.
1. Added option SL/TP old ordinary pip target.
2. Added Time Filter.
3. Added Trailing Stop.
4. Added First Hedge Lot multiplier Time (Repeated first hedge lot size).
5. Added option to use default trend filter (trend filter ver 18.0 or not).
6. Added Limitation for Max open hedge order.
7. Fixed some little bug and error of the previous version.
1. First_Hedge_Lot - lot size for the first hedge order;
2. Next_Hedge_Lot - lot size for the next hedge order after the first one.
Changed default percent target:
Changed from 0.5% (SFHS Ver 17.0) to 0.2% (SFHS Ver 18.0).
Default for First_Hedge_Lot is 3.0. That means the lot size for the first hedge opposite order is First_Lot X 3.0.
Default for Next_Hedge_Lot is 2.0. That means the lot size for every next hedge opposite order from the last opened order is First_Lot X 2.0.
You can change the above parameter in any way you like.
2. Added option percent target profit from current balance of account
2. Added a new target profit in account currencies to close all orders (the EA must be run on VPS).
3. A first order uses HLH4 breakout system to filter any ranging market.
4. You do not have to worry about your broker's spread.
2. New Feature, Scan Order Mode for work with any other EA or manual trade.
# If Scan order mode is active (Set to true on EA properties) :
1. Order from manual or another EA must be have similar TP/SL like Sure Fire Hedging Strategy EA properties.
2. Hedge order will only use market order (Not use pending order if scan mode is active).
3. Scan order mode is only for same pair, same pair with 2 chart window opened, first chart is another EA or manual trade, and second chart is for sure fire hedging strategy EA.
2. Added Hedge Order true or false to EA parameters.