Diamond Premium Hedging EA

Diamond Premium Hedging EA for MetaTrader 5

Diamond Premium Hedging EA is an automated Expert Advisor designed to manage trades using a hedge-based trading approach.

The EA opens an initial market position according to its configured trading logic. It can then place an opposite pending Stop order at a specified hedge distance, depending on its settings.

When the pending order is activated, the EA manages the resulting trading cycle according to its programmed logic. It monitors its positions and pending orders while it is running.

Features

Automated trade management
Hedge-based trading logic
Opposite pending Stop order
Configurable lot size
Adjustable hedge distance
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

The EA can be configured for Gold (XAUUSD), Bitcoin (BTCUSD) and selected major currency pairs, subject to broker symbol availability and account conditions.

Settings

LotSize: Sets the trading volume.
HedgeDistance: Sets the distance for the opposite pending hedge order.
StartWithBuy: Selects the initial trading direction, according to the EA settings.
Trailing settings: Control the available trailing features.
Daily protection settings: Configure the available daily protection features.
Equity protection settings: Configure the available equity protection features.

Usage

Test the EA on a demo account before using it on a live account. Check the EA settings and ensure they are suitable for your trading environment.

Trading involves risk. Hedge-based strategies may involve drawdown, increased exposure, spread costs and execution risks. Results depend on market conditions, broker specifications, leverage and account type.

Past or backtested performance does not guarantee future results.

Support

For installation and settings questions, please use the MQL5 Market comments section or MQL5 messaging system.