Expert Advisors and Indicators for MetaTrader 5

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MetaTrader 5

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Hedging Pro Ultimate

hedging-pro-ultimate-logo-200x200-1585
299.00 USD212.29 USD

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Information

Experts
MetaTrader 5
Sugianto
4.5
20

Overview

9 copies left, Next Price 499$

Hedging Pro Ultimate is a combination of hedging, Grid averaging, pyramiding, lot martingale - anti martingale strategies, which aims to enter and exit the market as quickly as possible so as not to be trapped by unexpected market changes.

Setfile & explanation: here | MT4 Version : here

Suggested pairs: EURUSD, GBPUSD, XAUUSD


Expert parameters:
1. Manage Open Positions
+ Open Position Mode: Select the open position method
+ Delete trendline after opening a position: set false for continuous pending orders.
+ Continue New Cycle: set false to stop a new cycle trade.
+ Hedging : Add more hedging positions

2. Manage pending orders
+ Pending Orders: Allow Pending Orders
+ Number of trades to start Pending Orders: number of open positions to start pending orders.
+ Hilo timeframe: Select Hilo Timeframe (D1, W1, or MN1)
+ Minimum Range to Start Pending Order
+ Distance of pending orders from the current price (in pips)

+ Step size to move pending order (in pips)

3. Manage Lot and Money

+ Lot Type: Select lot type
+ AutoLot (ex. 1000 $ = 0.01): Manage lots
+ if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Ex. Balance 5000, fill in 1000, Autolot = 0.05)
+ if Autolot = false, fill in Start Lot: fill in the initial lot
+ Multiplier for Martingale 3/Anti Martingale 2/Mix Lot: Multiplier lot coefficient
+ Maximal Lots: max lots per trade

4. Manage GRID
+ Recovery Mode: Select hedging strategy
+ Step (in pips): Distance to open the next position
+ Expanding Step Coefficient: step multiplier coefficient
+ MaxTrade Buy: Maximum allowed long positions
+ MaxTrade Sell: Maximun allowed short positions

5. Manage Lock
+ Lock Zero: Lock if the position buy=0 or sell=0
+ Use Lock: Use lock by drawdown/money/pips
+ Lock By Drawdown, ea will hedge the positions based on drawdown
+ Lock By Money, ea will hedge the position based on losing money
+ Lock By Pips, ea will hedge the position based on losing pips

6. Manage Close
+ Use Daily Target Profit, in money: Close all positions and remove ea from chart when daily profit target is reached
+ Cut loss if loss, $: close all positions when the cutloss target is reached, in money.
+ Cut loss if Drawdown, %: close all positions when the drawdown target is reached, in percentage.

7. Manage Trailing Money
+ Trailling (in money): Trail profit in money.
+ Trail Money All (in Percentage): Trail profit in percentage balance.

8. Manage Drawdown Reduction
+ Use Auto Close Partial, in money: close partial, in money
+ Select Close Partial Method:
+ Close partial buy & sell: partial close by bringing 1 buy loss & 1 sell loss
+ Close partial buy / sell: partial close by bringing only 1 buy loss or 1 sell loss.
+ Close partial all: A combination of close partial buy & sell and close partial buy / sell.
+ Number of trade to activate partial close: Minimum open positions to start partial close.
+ Minimum profit to close partial $: Minimum profit to do partial close, in money.
+ Use Auto Close Partial, in percentage: Close partial in percentage
+ Number of trade to activate partial close: Minimum open positions to start partial close.
+ 1st Percentage profit to close partial 2, %: Minimum profit 1st last position to do partial close.
+ 2nd Percentage profit to close partial 2, %: Minimum profit 2nd last position to do partial close.
+ Auto Close Partial 3: only Close partial last position profit
+ Lots to start close partial: minimum lots to activate close partial 3
+ min Profit to close(in pips): Minimum profit to be able to close a position
+ Partial close percentage, % : How many % lots will be closed. Ex. 50% x lot 0.1 = 0.05 lot to close partial

9. Time Management
+ Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker's server time.
+ Trade Start Time: Time to start new cycle
+ Trade End Time: Time to stop new cycle

10. Continue new cycle management: start new cycle at the specified hour. Timing use local time or vps time.

11. Manage Others
+ Max Spread (in Pips): spread allowed
+ Coefficient (if Freeze=0 Or StopsLevels=0) : Fill in at least 1, only to anticipate volatile market conditions and the broker will increase freezelevel and stoplevel.
+ Magic number : Fill in 0 (Zero) so that ea can recognize all positions opened manually or by other eas.

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