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Simple Hedger

Simple Hedger is an Expert Adviser aimed to hedge your orders on current chart where it's applied. It can hedge loss orders as well as profit orders too depend on the user settings.


Parameters:

  1. Enable Hedge Profit: true/false; if its true then when profit greater then Equity Profit To Hedge EA will open a hedge order
  2. Enable Hedge Loss: true/false; if its true then when loss greater then Equity Loss To Hedge EA will open a hedge order
  3. Equity Loss To Hedge: (Amount of Money on Account Currency); it's calculated on Money means if your orders floating minus 1000 then EA will open opposite order to lock it. If added by 0 means this parameter will be ignored by EA.
  4. Equity Profit To Hedge: (Amount of Money on Account Currency); it's calculated on Money means if your orders floating plus 1000 then EA will open opposite order to lock it. If added by 0 means this parameter will be ignored by EA.


Installation:

  1. Purchase or rent SimpleHedger
  2. Open your Metatrader 4 terminal
  3. Open Terminal -> Market -> Register MQL5 (If you don't already login to your MQL5 account from your Metatrader 4 terminal you will see this, otherwise please skip next 1 step) -> Login to Your MQL5 account from opened window -> Purchased -> Download your SimpleHedger. Go to Navigator -> Market -> SimpleHedger. Drag and Drop to desired chart, allow live trading from input window and add your setting from Inputs Tab then click 'OK'
  4. It will work after your manually or automatically open orders when the conditions on Input Parameters are met
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