Hedging Forex EA3
The expert will initially open a buy order and a sell order.
When a 20 point profit is achieved, a buy order and a sell order are opened.
When a buy-back deal is cooling the deal by multiplying the combination *2
All this was explained in the video please watch
Equity : Close all trades together when you reach Equity
And work again .
Lot1: Manual Lot Size
Auto_Lot: Set true to automatically calculate optimal Lot Size based on risk preferences, Set False if you want use manual lot size.
Max_Risk: Max Risk as percentage of Equity* the greater this percentage is the greater the lot size if auto lot is used.
Take_Profit: Take Profit in points adjusted for 30 or 20 Digits brokers.
Stop_Loss: Stop Loss in points adjusted for 50 or 30 Digits brokers Prefer not to use.
Start_Time: Start Time in GMT time. EA starting Time.
End_Time: Ending Time in GMT time. EA Ending Time.
Continuous_trading =true Keep working nonstop = false The Expert is deleted from the chart after the total profit of the transactions .
Magic_Number: EA Magic Number
EA technically works on any currency pair, but for best results use
it on the following currencies: EURUSD GBPUSD USDJPY USDCHF AUDUSD EURJPY USDCAD . or any other currency whose spread less than 8pips
5 Minute Time frame
Minimum recommended amount and Leverage :
Min Recommended Leverage: 1:400 or More.
Min Recommended Deposit : 1000 USD or Equivalent amount.