Hedging Martingale MT5 Lite
Grid system that using hedging, averaging and pyramid techniques combined with martingale and anti-martingale lot.
Signal Live Monitoring : https://www.mql5.com/en/signals/746078
1. Open Position Mode
StartWithSell : open short positions.
StartWithBuy : open long positions.
StartWithHilo : Hilo means High and low of the time frame of 1 hour / day / week / month
StartWithBuySell : open buy and sell positions at the same time.
2. True = Limit order, False = Stop order : Only applies to StartWithHilo.
3. Hilo timeframe : Only applies to StartWithHilo.
4. Minimum Range to Start Pending Order : Range High and Low, Only applies to StartWithHilo.
5. Range size of pending orders (in pips) : Distance of pending orders, pending orders use adaptive trendline
6. Range size to move pending orders (in pips) : Trendline will move to the latest prices according to the number of sizes entered.
7. Lot Type : There are 5 types of lot options, Fixed, Martingale 1-3, Mix 3 Lot .
Mix lot is a merging of martingale lot with anti-martingale lot.
8. Start Lot : Initial lot
9. Multiplier for Martingale 3 / Mix 3 Lot : lot multiplier
10. Maximal Lots: maximum lots allowed.
11. Maxtrade : maximum trades allowed
12. Recovery Mode :There are 4 recovery techniques.
13. Step (in pips) : Distance to open the next position
14. Expanding Step Coefficient : The coefficient for the distance addition of the next open position
15. Minimum profit for close all $ : Minimum profit to close all positions (in money)
16.Target Equity, in money (Must be greater than the equity start): Fill in the target equity that you want to achieve.
When the account equity has reached the target equity that you entered, the bot will stop working for the day.
You only need to fill in a larger target equity for the bot to run again.
17. Cut loss if loss $ : close all positions when the cutloss target is reached.
18. Use Auto Close Partial, in money: drawdown reduction algorithm , in money
19. Number of trade to activate partial close : Number of open positions to start applying partial close.
20. Percentage profit to close partial $: Minimum profit amount to do partial close, in money.
21. Use Auto Close Partial, in percentage : drawdown reduction algorithm , in percentage
22. Number of trade to activate partial close : Number of open positions to start applying partial close.
23. Percentage profit to close partial %: Minimum profit amount to do partial close, in percentage.
24. Trailling : trailling base on money
25. Time control : when will start to open position and when will stop taking position. Timing uses server time.
26. Close all positions at the End of Session: Expert will close all positions after today's session ends
Determine the closing hour by activating the time control = true and filling in the start and end hours. Timing uses server time.
27. Max Spread (in Pips) : allowed spreads.
28. Coefficient (if Freeze=0 Or StopsLevels=0) : Multiplier coefficient when freezelevel / stoplevel = 0
29. Magic Number : fill in different numbers if you are going to trade the same pairs in 1 MT5 terminal.
30. Continue new cycle management, you can set the time so that the expert stops new cycle at the specified hour and only manages positions that are still open. For example: There is High impact news or an intersection between the European session and the US session that you want to avoid. Timing uses local time or vps time.
It is highly recommended to activate this feature when entering the UK session and the intersection of merging UK, European and US sessions when using aggressive sets.
Grid system that successfully passed the 10.5 year backtest from 2010-2020. Expert using hedging, averaging and pyramid techniques combined with martingale and anti-martingale lot. Signal Live Monitoring : https://www.mql5.com/en/signals/823063 Main Features: 1. Open Position Mode StartWithSell : open short positions. StartWithBuy : open long positions . StartWithHilo : Hilo means High and low of the time frame of 1 hour / day / week / month StartWithBuyS
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+ Added recovery mode : Lite 3