NEW Anti-Copy System
Fixed spread will protect your positions during volatile market events, like e. EA can be set to re-open hedge trade when it is closed in loss or profit.
The past performance of any trading system or methodology is not necessarily indicative of future results. Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain.
That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. This site uses functional cookies and external scripts to improve your experience. Which cookies and scripts are used and how they impact your visit is specified on the left.
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We also share information about your use of our site with our trusted social media, advertising and analytics partners. Reasons to use Hedge EA: This App is for Tech-Savvy Users. This means even hedge trades will have hedge trades EA can re-open initial trade when it is closed in loss or profit Two Lot Multipliers available. One for hedge trades and the other for initial trades Ignore initial trades with the lot size lower or higher than your specified value VIP license owners can order additional MT4 EA features for extra payment Trailing Stop and BreakEven functions can be enabled for initial trades EA can use LotMultiplier and multiply initial trade lot size by this value to get the new hedge trade lot size.
This setting allows you to have bigger or smaller lot size of the hedge trade. EA can be set to re-open hedge trade when it is closed in loss or profit. This way your broker will not see hedge trade entry price, in other words, broker will not see that you plan to open hedge trade at all When you have hidden hedge trades you can set EA to move the entry like a trailing stop.
EA can be set to hedge all trades of any currency pair when running only on one chart. How to use Hedge EA Advanced?
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Advertising Privacy Settings This site uses functional cookies and external scripts to improve your experience.
Advertising We use technologies, such as cookies, to customize content and advertising, to provide social media features and to analyze traffic to the site. However, if you understand the system and most importantly if you understand the risk which is involved and know how to deal with it, you really can make good money with this tool. My biggest fear is to sell somebody my hedging system and then feel jointly responsible of somebody losing his hard earned money.
It should not happen! And believe me I'm really not after your money and I do not want to loss my established reputation in the forex world! The only reason I have released this hedging tool is that I've received like gazillion email requests from people who could not wait to try this system after seeing my positive results. So that being said, in this section I'll try to describe my hedging EA from the practical point of view.
So let's assume you are very enthusiastic and want to start right away. If you do not know what this all mean, please use google to learn about all those concepts and return later to this page. You need to select a good broker with the proper account characteristics. The most important account setting is the Leverage which is recommended to be equal or higher than 1: If you understand all items mentioned in the first step, then you will also understand that selecting a high leverage account will allow you to open many more positions than when trading on a low leverage account.
This fact will increase your chances of successful hedge recovery. The second important item is fixed spread. Fixed spread will protect your positions during volatile market events, like e. Furthermore fixed spread will take out some uncertainties out of the equation, making EA behavior more predictable and more ease to tweak. Please, consider to select a broker with low swap rates. Large swap rates will have a negative influence on your profits, this because during recovery cycle some positions can stay open for several days.
Run a forward test on your demo account using the standard EA settings!!! I can not be more clear about this. I get many many questions regarding the EA settings from people who do not understand the system and try to use it in most ridiculous ways.
Please start with standards settings and see how those settings are working for you on your account and tweak it carefully by changing one parameter in a time. Alternatively, use the MT4 integrated strategy tester to familiarize with EA behavior with different setting.
You need to select a proper account balance. Please, when trading a real account, trade only with money you can afford to lose! You need also to understand that trading on a small account with the recommended lot size of 0. To help you to get a general idea on what this EA does and how to trade with it, one of our members Marlon prepared a great explanatory review video.
This trading system uses a smart back-and-forth hedging mechanism, that is continuously opening new positions according to the recent market movements. Each time a new position is opened, system tries to estimate a new Lot size, which is required to breakeven or to profit at the original TakeProfit, but ALSO at the original StopLoss level.
This results in a group of open positions that eventually will always turn into a profit, when the market will go in either direction up or down. PipProfitOffset setting ensures that all new recovery trades are targeting slightly lower TakeProfit levels w. This results in slightly larger Lot sizes, than Lot sizes required to reach a breakeven condition. This additional offset allows to compensate for small losses, that are caused by spreads, slippages, swaps and commissions.
The system is profitable as long there is sufficient level of FreeMargin to be able to open new trade positions. The overview below shows a theoretical recovery flow with corresponding Lot sizes and risk levels. Ideal recovery case, no rounding errors, spreads, slippages, etc In this case each of recovery trades is targeting the original TakeProfit level - 10pips, what results in slightly larger Lot sizes, but also in faster recovery with a larger profit!
With ForceTakeProfit parameter set to e. New trade will be opened when the price crosses trend line in desired direction. Watch the video below to see a short entry 'gs' example. When the ' EnableTradeButtons ' parameter is set, opening of direct market orders is as easy as pushing one of the 'Go Long' or 'Go Short' buttons, which are visible in the right upper corner on the selected chart. When the ' EnableNewsTrading ' parameter is set, the EA will be able to set time scheduled pending orders.
See the parameters description table below. Description of Trading settings. Your personal license key. Magic Number used to place new orders. TakeProfit level in pips , it sets also the StopLoss level which is symmetrically mirrored to the entry point.
Take profit level also during recovery period in your account currency, all trades will be closed when equity reaches. ForceTakeProfit level above the current balance level. Lot size for the initial opening trade. Break even level in pips , when trade will reach this profit level the stop loss will be moved to entry point and trade will run until TakeProfit or StopLoss level is hit.
Set to 0 to disable. Trailing stop loss step in pips after breakeven level is reached. Slippage in pips , it should stay high to allow closing orders without re-quotes. When set to 'true', this parameter will enable emulation of pending "limit orders". When set to 'true', this parameter will enable manual trade buttons that can be used to manually open and close orders. Description of Recovery Settings. This parameter enables advanced automatic hedging recovery mechanism.
Only for experienced users. Distance from the entry point in pips at which EA initiates recovery mechanism. If set to 0 recovery mechanism is disabled!
This parameter needs to be tuned according to local trading environment: It makes sure every new trade is opened with slightly lower virtual TakeProfit target than real TakeProfit level that is set by the first trade.
Doing so the new lot size will always be slightly larger than the required. Lot size to breakeven at TakeProfit or StopLoss target. When enabled the recovery level is shifted closer to the market, each time a new recovery trade is opened. This increases the chances for hitting the recovery level and so minimizes the number of recovery trades needed for reaching the breakeven or ForceTakeProfit condition.
Maximum allowed number of trades during recovery periods. This parameter enables news trading timer. Make sure there are no manually pre-setup "gl" or "gs" entry trend lines on the chart when enabling this parameter. Distance from the actual market price before a news event to the pending entry trend lines. This parameter determines the pending entry trendline length in bars.
This parameter determines the day number of the month in which a news event is expected. This parameter determines the hour number of the day in which a news event is expected.
This parameter determines the number of minutes of the hour in which a news event is expected. At this moment in time pending orders trendlines are activated. Description of Debugging Options. Testing option flag, if set to true, additional broker information is displayed. See FAQ section below.