Hedging EA With Hidden Pending Order
The EA is designed so it will be able to catch the
breakout moment
Rules:
When the market are ranging for certain amount of candles,
open Hidden (avoid broker limit order rules) Pending Order of buystop and
sellstop at ranging support and resistance or set manually. EA open order only
one time / day; but can read signal of previous candles from previous days.
For first open order, EA will open pending order of buy
stop and sell stop at manualy designated time or at correct signals. When one
of the pending order triggered, the other pending order will be deleted.
The first open order will not folowing the hedging TP/SL value, it has its own
TP/SL with trailing stop and only after second order (Hedging Order System
Executed) All TP/SL follow the TP/SL of hedging system and will be without trailing
stop. It is also very important in
order the hedging work, when it hits TP it must as well hit the SL of the
previous orders, in other words when it hit all SL it will also hit all TP even
with the floating spread.
Setting Parameter
EA Name:
Breakout Hedging
Account Number: (if wrong, info: contact ...)
Expired Setting: dd:mm:yyyy (if expired, info: contact
...)
MagicNumber:
MaxSpread:5
FixLot: 0.01
AutoLot: T/F
RiskMM: 2
FirstOrder_TP/SL_Setting:
TP: 60
SL: 30
Use Trailing
Stop: T/F
TrailingStart:
15
TrailingGap:
10
UseManual_HiddenPO:
OpenPOTime: 14:00
BuyStopGap: 10 (Place hidden buystop 10 pips above
running price)
SellStopGap: 10 (Place hidden sellstop 10 pips below
running price)
BuyLimitGap: 0
SellLimitGap: 0
UseAutomatic_HiddenPO: T/F (if
set to true, Manual_HiddenPO will not worked)
PreviousCandlesCount: 12 (Analyse price from 12 previous
candles)
SR_mingap: 5 (Minimum pip gap from highest price (resistance)
to running price and Minimum pip gap from lowest price (support) to running
price
SR_MaxGap: 15
AddpipforPO: 2 ( Add 2 pips above from highest price value
(resistance level) for hidden buy stop and Add 2 pips above from lowest price
value (support level) for hidden sell stop
DailyOneTimeOpenOrder: T/F (open order only one time/ day,
but can continue hedging)
Filter_startendTime: T/F (first open order only can be
open within this time)
StartTime: 10:00
EndTIme: 23:00
CloseAllOrder: T/F
CloseAllOrder_Time: T/F
CloseAllOrderTIme: 23:59
Filter_MaxDailyRangePip: 50 ( EA stop new cycle/ will not
open first order if daily range has reached, it is a gap from current price to
daily open)
Continue_UseHedging: T/F
H_Step: 30
1st_multiplier:
3
Next_multiplier:
2
H_TP: 30
H_SL: 60
H_MaxLevel:
(1 for first order, 2 for second order, etc)
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