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

Strategies:
ForexGearPro – Forex Trading Strategy

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Oferta Especial para Traders – 40% de desconto Advanced Trade Manager – A solução completa para um trading manual mais rápido, inteligente e seguro. Transforme o seu trading manual com o NextGen Trade Manager AI – o painel profissional no gráfico que combina a execução instantânea, o planeamento visual das operações e a gestão robusta de riscos numa ferramenta intuitiva. Execute ordens, gerencie riscos e proteja os lucros mais rapidamente do que nunca, tudo sem sair do seu gráfico. Perfeito p
Trade Copier Pro
Vu Trung Kien
4.57 (14)
Trade Copier Pro é uma ferramenta poderosa para copiar remotamente comércio entre multi-contas em diferentes locais mais internet. Esta é uma solução ideal para provedor de sinais, que querem compartilhar seu comércio com os outros no mundo todo em suas próprias regras. Um provedor pode copiar comércios de multi-receptores e um receptor pode obter comércio de multi-fornecedores também. Provedor e receptor pode gerenciar sua lista de parceiros com potência sistema de gestão de banco de dados buil
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrader
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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
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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
The product is used to trade base on any Alert signal in MT4 Easy to setup, simple format with custom keyword All option to management orders as trailing stop, breakeen, partial close, time filter, news filter ... Option to auto open grid orders How to setup and guide: Let read all details about setup and download indicator for auto get Alert Signal   here Do not buy if you even can not install demo EA to your VPS ( some VPS block download EA from mql5 market) We always bring customers high qua
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