Expert Advisors and Indicators for MetaTrader 5

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Magic Hedge EA

magic-hedge-ea-logo-200x200-7185
199.00 USD141.29 USD

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Information

Experts
MetaTrader 5
Reni
1.2
5

Overview

Tested Pairs

           -EURUSD, -GBPUSD
           -STEP INDEX  (M1)



How Magic Hedge works


control the support/resistance indicator.  It's best to leave them in default

EnableFilter_SR

 StopSell_SR  

 

Martingale:

So when the market goes against the trade by MartingaleInitiateThresh points, the martingale is initiated. 

Every  MartingaleDistance against the trade will cause a martingale position to be posted, and if the martingale group enters a profit of MartingaleProfit points, the group is closed.

 

 

Also MaxMartingaleSeriesLength sets the maximum allowable number of martingal positions.

 

 

Hedge:

The hedge is used only during martingale.  So basically, if the martingale goes into a drawdown by HedgeInitiateThresh points, a hedge position of HedgeLotsPercent is opened, where HedgeLotsPercent is a percentage of the total lotsize of th martingale group.

 

 

The hedge is closed upon gaining HedgeForwardProfit points of profit.  Now after this point, if the martingale group goes into an additional HedgeDistance points drawdown, another hedge is opened.  

 

 

 

 

 


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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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