This is a semi-auto Expert to help you protect your position, using Hedging, when the market goes opposite direction. It will manages all lots automatically and exits the market in a proper way.
Features Trailing stop an existing position when it makes profit. Opens a Hedging position when market goes in opposite direction. Exits the market when the sum of profit > 0 or specific condition is triggered. The EA WILL NOT enter the market by itself. It deals with how to exit only. Devil in the EA.
This indicator attaches a moving average(MA) curve of the original ATR to measure the market volatility.
Inputs: ATR Period: The original ATR Period. Average Period: The Moving Average period of the ATR. Minimal Average value: If MA value < minimal value, it draws a horizontal line instead of a curve. This indicator is created for using by another EA named HedgeDevil. ( see also... )
This indicator draws color bars on the basis of the ADX Wilder indicator helping you to find trends. Color of Bars: Blue - the main signal is going up and DI+ > DI-, the market is bullish; Red - the main signal is going up and DI- > DI+, the market is bearish; White - the main signal is going down, no trend is detected. Input Parameters: Period - the period of the ADXWilder indicator.