Sure Fire Hedging Applied to a London Breakout -EA

I have an MT4 EA that trades the London Breakout strategy for Forex. It works well. It captures the high and low of the range between the specified hours, adds a buffer, and then places buystop and sellstop orders.

The profit target is set as:

Profit = x × Width_of_the_range,
where x is a user-defined fraction.

Let’s say, using this method, the EA makes a profit of $P.

Usually, I place the Stop Loss (SL) at the bottom of the range for buy trades, and at the top of the range for sell trades.

I will send you that EA. I’d like the following improvement in the new version:

Suppose a buy trade is opened but the price doesn’t reach the profit target and instead drops to the bottom of the range. Currently, this would hit the SL and result in a loss. But in the new version, I want the SL removed, and instead I want it to use sure-fire hedging.

So:

• When the price hits the bottom of the range (instead of closing at a loss), the system should open a new sell trade, sized at 2× the previous lot size,

• The system should then aim to recover the original target profit $P (including all trades, swaps, commissions, etc.).

Now, suppose after hitting the bottom it goes back up and touches the top of the range again. At that point:

• The system should open a new buy trade, sized at 4× the original lot,

• The goal remains the same: to secure a total net profit of $P across all open trades