I require an EA that monitors
ALL trades and opens a hedged trade if open trade is losing by X pips.
Example 1:
If my current EA opens a EURUSD BUY trade that moves 5 pips away then this EA will open a SELL trade.
Example 2:
If my current EA opens a EURUSD SELL trade that moves 5 pips away then this EA will open a BUY trade.
Lot size will be taken from the trade that is already open and losing money.
Thats it!
PLEASE NOTE: With my existing EA, I there is a parameter called "Max_Trades_At_Once = 1", this parameter will be overridden so the Hedge EA can enter its trade(s).
Parameter:
PipsToTriggerHedge = 5;
Let me know what you think.
davefx.
Happy New Year!