Simple hedging MT4 EA

MQL5 EA

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Hedging Ea ( so every order works like a loop till its respective tp gets hit)

Concept of ea is mentioned in the file with proper examples

Important : 

1: orders should be in loop one hits sl another starts.

2: once tp hits for an order its corresponded order closes automatically with it.
so for eg sell limit at 1.41900 with 1.41950 as buy stop and stop loss tp is 1:2
sell limit of 1.41900 hits tp at 1.41800 so buy stop at 1.41950 closes automatically.

3: manual settings :
Range difference
Difference interval
Stop loss
Take profit

Lot size

4 :most most important no orders on same interval price must be in same direction.
so for eg 
ea creates a order lets say at 1.41900 price as such with 100 points interval , sl = 1 so 100/1 = 100 points and tp = 2 so 2* 100 = 200 points
ea creates sell limit at 1.41900 with 1.42000 as buy stop and stop loss and buy stop at 1.41900 with 1.41800 as stop loss and sell stop.
lets consider this order gets triggered and market comes down to 1.41800
so sell stop at 1.41800 gets triggered with buy stop at 1.41900
now lets say market comes more down to 1.41700 so sell limit which got triggered at 1.41900 hits it tp at 1.41700
so ea should create new fresh order of sell limit at 1.41900 and again continue the process 
( no same direction orders must be there on same interval price).

파일:

TXT
concept.txt
8.6 Kb

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