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 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.
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... )