Diamond Premium Hedging EA
- Experts
- Version: 1.2
- Activations: 5
Diamond Premium Hedging EA for MetaTrader 5
Diamond Premium Hedging EA is an automated Expert Advisor designed for hedge-based trading on MetaTrader 5.
The EA can be used with Gold (XAUUSD), Bitcoin (BTCUSD) and selected major currency pairs, depending on the broker and account conditions.
How It Works
The EA opens an initial market position according to its configured trading logic.
After the initial position is opened, the EA can place an opposite pending Stop order at the configured hedge distance.
If the market moves against the initial position and the opposite order is activated, the EA manages the resulting position cycle according to its programmed hedge logic.
The EA continuously monitors its own positions and pending orders while it is running.
Key Features
Automated hedge-based trading
Initial market position management
Opposite pending Stop hedge order
Configurable hedge distance
Configurable lot size
Automatic position and pending order management
Trailing hedge management
Daily protection settings
Equity protection settings
Magic Number based position management
No DLL calls
Supported Markets
Gold (XAUUSD)
Bitcoin (BTCUSD)
Major currency pairs
Actual symbol availability depends on the broker.
Input Parameters
LotSize — Sets the trading volume.
HedgeDistance — Defines the price distance used for the opposite pending hedge order.
StartWithBuy — Defines the initial trading direction when enabled by the selected settings.
Trailing settings — Configure the hedge management according to the available EA parameters.
Daily protection settings — Configure the daily trading protection according to the available EA parameters.
Equity protection settings — Configure the account equity protection according to the available EA parameters.
Recommended Use
Test the EA on a demo account before using it on a live account.
Trading results can vary depending on the symbol, broker conditions, spread, execution, leverage, account type and market conditions.
Hedge-based trading can involve periods of drawdown and increased exposure. Use appropriate risk settings and evaluate the EA under different market conditions.
Past or backtested performance does not guarantee future results.
Support
For questions regarding installation or EA settings, please use the MQL5 Market comments section or MQL5 messaging system.
