For example, you have two positions: buy EURUSD and buy GBPUSD. These positions were hedged and the sell EURUSD and sell GBPUSD orders were opened. The total result is calculated for the hedging orders. For example, sell EURUSD + 10 $ and sell GBPUSD + 5 $, then the total result will be + 15 $. If you limit the loss by setting a value of -2000 $, then the sell EURUSD and sell GBPUSD hedging orders will close when the total result is -2000 $. This can be seen in the video in the description.

The answer to the question about trailing. When the profit of the hedge orders is $ 1000, the stop loss will move from $ -2000 to $ 0, that is, breakeven. When the profit of the hedge orders is $ 5,000, the stop loss will move to $ 4,000. The trailing value determines the starting point of the trailing and the distance.

Thanks, in the video after the stopp loss has been reached you are then manually clicking "Close Hedge" and then "Close Positions", are these manual step necessary to close the hedge after stop loss has been reached? And what is the difference between these two close button, does Close Positions mean "Close All Hedge Positions" or does it close absolutely every position in the account, including the regular trading positions?

When I clicked the "Close Hedge" button nothing happened because it was closed by a stop. This is just a demonstration.

The "Close Positions" button closes all positions, including hedge orders.

Hi Sergej,

i just rented your product for the ea that i am using . my ea has a kind of martingale system if price moves upwards my pending sell orders are activated. i just want to avoid big drawdowns and i need to be sure about how to set up ''EA hedger''. for example if equity drawdown reaches -500 i want the ea hedger open a hedge trade with 50 percent of the open lots and if equity drawdown reaches -1000 i want ea hedger open another hedge trade with the remaining lots. but if price turns opposite, i want to loose a  small amount like 50 usd and close the hedge trade. Then if equity again drops to -1000 for example another hedge trade need to be opened by the ea hedger... 

if there is a breakeven function to close the hedge trade it will be way better i guess ..  and also i am thinking that if we can divide the hedge trades like 5 piece or 10 with small lots and make smaller losses and breakevens we can minimize the drowdowns and losses .. but for now i guess we can setup 2 or 3 hedge trades with this version. which is enough also .. 

So Sergej can you please suggest a set file according to my needs i dont wanna do a mistake at the beginning ..

Thanks ..

Hello! Thank you for your purchase. You did the right thing by contacting me for advice. I will help you set up your EA Hedger product and prepare the settings files. I hope my answers will be useful to you and other users with similar questions.

Thanks a lot Sergej ... that is more than i expected thanks for the great job!! averaging function is also a great idea!

one more question Sergej,  can i use 4 EA Hedger with 25 percent for each and can i exclude 3 magic and comment for the last EA Hedger  ?

Yes, you can use 4 copies of EA Hedger. Example of settings for EA Hedger #3: Magic=3000. Exclude=1000;2000. Example of settings for EA Hedger #4: Magic=4000. Exclude=1000;2000;3000. Instead of excluding by magic, you can exclude by comment, you need to write a comment (always in parentheses), for example for EA Hedger #4: Exclude=(A);(B);(C).

Hello! Thank you for your helpful questions. Let me prepare the answers.

The Averaging function works as follows. For example, you have set% Hedge = 10%, Averaging Value = -5.0 and Number of Averaging = 3. Positions # 1 buy 0.10 and # 2 sell 0.20 are open for a total of sell 0.10. When hedging, # 3 buy 0.01 will open. If after opening Hedge order # 3 reaches a loss of -5 $, then the first averaging will be performed. Order # 4 buy 0.01 will be opened. If the price continues to move and the loss of hedge order # 4 will be $ -5. Order # 5 buy 0.01 will be opened. When the loss of orders # 5 reaches -5 $. Then order # 6 buy 0.01 will be opened. There will be no more averaging, since the number of averaging is set to 3. All Hedge orders will be closed by stop or take, if it is specified in the settings. I have attached a set file with the specified settings, you can download it and make a test in the strategy tester.

100;200;300;400;500;600;700;800;900;1000;

1100;1200;1300;1400;1500;1600;1700;1800;1900;2000;

2100;2200;2300;2400;2500;2600;2700;2800;2900;3000;

3100;3200;3300;3400;3500;3600;3700;3800;3900;4000;

4100;4200;4300;4400;4500;4600;4700;4800;4900;5000

I entered 50 such values and all of them were correctly recognized. I think this is enough to solve your problems. The Expert Advisor prints the values that were entered into the log. you can check this in the "Experts" tab or in the "Jornal" tab of the strategy tester.

In order not to enter 50 values, it is possible to automatically calculate steps. In the " > " parameter, enter 100, and in the "Steps" parameter, set the value to 50. And the Expert Advisor will automatically calculate the 50 steps that I listed above.

The last value from the list is used for automatic calculation. If you enter 50; 100, then the advisor will calculate the following list of steps: 50; 100; 200; ...; 4800; 4900.

Trailing function. Trailing Start = 50, TrailingDistance = 30. When the total profit of Hedge orders reaches 50, then the stop will move by 20 (50-30 = 20). If the profit reaches 60, then the stop will be 30 (60-30 = 30).

Break-even function BreakEven Start = 50, BreakEven value = 10. When the total profit of Hedge orders reaches 50, then the stop will move by 10.

I recommend setting the values of these parameters with a small margin in case of price slippage.