Recovery Zone Area Hedging Martingale

Developing an Expert Advisor (EA) based on a high-risk Martingale hedging strategy. The system should be  designed to capitalize on non-trending or consolidation market conditions, where predicting sustained directional movement is challenging.

The EA initiates trading based on a manually determined directional bias (long or short). Upon execution, the core mechanism involves continuous position cycling: as soon as a primary position is closed, an identical order is placed. Simultaneously, a stop-entry order in the opposite direction is placed exactly 20 pips away from the executed price. This opposing hedge utilizes a doubled lot size to implement the Martingale component.

The strategy operates in predefined sequential cycles where lot size increases exponentially following any realized loss. For instance, the system follows a predefined doubling sequence: 0.01, 0.02, 0.04, 0.08, 0.16, 0.32. Risk control is managed via a dynamic trailing stop-loss mechanism. The ultimate closure of the entire position cycle is determined by a threshold based on the maximum acceptable overall account drawdown.