Hedging Strategy EA

================== FULL VERSION =====================

Automatically hedge the open order after initially opening a trade. 

Important Notes:

- Hedging account is required.(Check on your broker)      

- Magic no./Expert ID should be set upon placing an order. Magic# is set per currency pair. Use a Script/Indicator. Try this. 

Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

- Auto Trade >>> should be disabled on live account. It is for testing purposes only.

- Moving Average Period >>> open a trade if price closed below/above the MA Period. (Auto Trade is enabled)

- Last Candle Size in Pips >>> open a trade if last candle X pips closed above/below MA Period

- Time Frame >>> Moving Average Period Time Frame

- Lot Size >>> used if Auto Trade is enabled

- Buy Order Magic# >>> set the Buy Magic# based on open buy Magic#

- Sell Order Magic# >>> set the Sell Magic# based on open sell Magic#

- Buy/Sell Magic# should not be the same

Risk/Reward:   Hedging will stop until Take Profit is Hit or Free Margin is not enough to open another trade. If your Take Profit is not Hit yet, please take note that you'll lose the trade if there's no enough money/free margin left to open another trade. Hedging Strategy is limited based on your account size and initial order lot size. It means that you'll only have a number of consecutive stop losses it can take based on your free margin.

Please refer to screenshot.

1 - Sends order automatically based on last candle size and moving average period. Use only in strategy tester, disable in live trading.

2 - Lot size when Auto Trade is enabled.

3 - Last candle size to enter a trade.(Auto Trade is enabled)

4 - Moving Average Time Frame

5 - Moving Average Method

6 - Moving Average Period

7 - Matched the buy order magic number with your buy placed order magic no., then set #8 any different sell magic no.

8 - Matched the sell order magic number with your sell placed order magic no., then set #7 any different buy magic no.

9 - Max Spread Value

10 - Delete orders if current spread > max spread value set

11 - Cancel limit order if 1:1RR is already reached

12 - Cancel limit order if price closed above/below moving average

13 - Cancel limit order when no. of new candles reached after placing an order

14 - No. of new candles 

15 - Close orders if there's no enough money/margin left to trade


FREE Tools:

https://www.mql5.com/en/market/product/60301  - Order Management Script

https://www.mql5.com/en/market/product/77073  - Fibonacci Entries

https://www.mql5.com/en/market/product/77072  - ADR Pips Meter

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ForexGearPro – Forex Trading Strategy

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Click and Go Trade Manager: The Ultimate MT4 Execution Suite Precision Execution. Professional Performance Tracking. Total Control. In the world of Smart Money Concepts (SMC) , ICT, and high-frequency scalping, precision is your only edge. Most traders lose not because their analysis is wrong, but because their execution is slow and their psychology is undisciplined. The Hard Truth: If you are still manually calculating lot sizes or dragging lines while the price moves against you, you are trad
DFGX Dashboard
Tsvetan Tsvetanov
5 (2)
Take your trading to the next level with DFGX - our second generation Dynamic Fibonacci Grid. This new, powerful and easy to use application is specially designed and optimized for contrarian intraday trading, scalping and news trading on the Forex market. This system is the ideal solution for active professional traders and scalpers who are looking for innovative ways to optimize their strategy. The system also provides excellent opportunity for new traders who want to learn to trade in a syste
New Year Trading Special – 50% OFF Advanced Trade Manager – The Ultimate All-in-One Solution for Faster, Smarter, and Safer Manual Trading. Transform your manual trading with NextGen Trade Manager AI – the professional on-chart panel that combines instant execution, visual trade planning, and powerful risk management into one intuitive tool. Execute orders, manage risk, and protect profits faster than ever before, all without leaving your chart. Perfect for all traders looking to enhance thei
FiboPlusMultiTF
Sergey Malysh
5 (1)
A ready-made multitimeframe trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol. Advantages Determines the trend direction based on a complex of 14 indicators ( Cx ), extremums of ZigZag ( Z ), RSI ( R ), Impulse ( I ) Displaying the values of 14 indicators comprising the trend direction ( Cx ) Plotting horizontal levels, support and resistance lines, channels View the plotting option of Fibonacci levels on any timeframe, with the abilit
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Moving Average Alert
Christianiel Robles Faustino
4 (2)
Objective: To notify/alert traders if price touched or closed above/below the moving average. Features/Settings: Moving average method supported: Simple, Exponential, Smoothed and Linear Weighted Works on all currency pairs. Set the Moving Average Period/Shift value Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Set the Applied Price: Close, Open, High, Low, Price, etc. Set the Candle Size Type: Full Length or Body Length Set the Candle Size to Trigger an Alert Alert type: Popup, Se
Order Management Script Tool
Christianiel Robles Faustino
5 (1)
============ FREE ============= Objective: To properly manage risks and quickly execute trades Works on all timeframes and  currency pairs Quickly place a trade Prevents bad entries when executing a trade by limiting max spread Set your entry and stop loss at better price  Set fixed risk amount/percentage per trade Automatically calculate position/lot size based on risk amount/percentage Set proper stop loss level by setting min and max pips Other Tools: https://www.mql5.com/en/market/product/
FREE
Fibonacci Entries
Christianiel Robles Faustino
Objective: To automatically show the Fibonacci entries from last candle. Inputs: 1.        Show/Hide the Fibonacci entries 2.        Set where the Fibonacci will draw, 0 = current, 1 = last bar … (Default = 1) 3.        Set the Fibonacci color 4.        Set the line style 5.        Set the minimum candle size automatically/manually in which the fib levels will appear 6.        Set the candle size based on ADR/X Fibonacci levels: 23.6, 38.2, 50  Other Tools: https://www.mql5.com/en/market/product
FREE
Pips Meter ADR
Christianiel Robles Faustino
Objective: To show on the chart the current pip sizes of ADR, Spread, Bars, Day, Risk Reward and Shift Candle. Inputs: Select in which corner it will be displayed Set the X position of the indicator Set the Y position of the indicator Set the Font Style Set the Font Size Set the font color of current and last bar size Set the ADR font color Set the Spread color Set the day color Show/Hide the normal maximum spread on some symbols, suggested risk reward ration and last shift candle size in p
FREE
Horizontal Line or Level Alert
Christianiel Robles Faustino
5 (1)
This is a Indicator that Alert if price closed above/below/touched the line. Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to Mobile MT4, Email Input notes on alert Add multiple line alerts in a single chart Refer to screenshot: 1 - Time Frame 2 - Long/Short Position 3 - Get the highest open/closed price of l
Trading Manager Expert Advisor
Christianiel Robles Faustino
=============================== FULL VERSION ==================================== BTMM TRADING MANAGER Objective: Trading Manager EA Robot helps manage your multiple orders specially with BTMM Strategy with proper risk reward ratio. It will lessen your time to monitor your multiple trades from time to time. Trade hassle free using this tool. Important Notes: - Auto Trade will automatically send order if shift candle closed above/below the moving average. (Optional) Features: - Move stop loss aut
Moving Average Alert Plus
Christianiel Robles Faustino
Moving average alert plus  is an advance moving average alert that   will easily monitor the price action based on set moving averages to multiple open charts.  Objective:   To monitor multiple open charts and notify traders conveniently in a single display panel when using the moving averages to enter/exit a trade. Features: Monitor price action in two timeframes at the same time Supports simple, exponential, smoothed, linear weighted moving averages Trigger an alert based on candle size (full/
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