Hedging Martingale
Hedging Martingale has 5 versions, opens two trades of buy and sell together,and uses the martingale method.
- If the trade goes in the opposite direction after a predetermined number of pips, then it opens another trade in the same direction of the first trade. The process repeats itself until profit is taken.
- By opening a trade only with a new candle it prevents multiple trades, so it is safe to use.
- This Martingale EA can work on all pairs and all timeframes.
- Best timeframe is daily.
- Try it on demo first.
- *Version 1 has trailing stop loss
- *Version 2 has a special way to calculate the lot size
- *Version 3 can Use Equity Stop
- *Version 4 can add lot size or mulitply
- *Version 5 you will have both buy and sell orders at any given time
- *Version 6 you can activate a hedge fund protocol for low drawdown
Inputs:
- ==================HEDGE FUND PROTOCOL==========================
- HEDGE FUND PROTOCOL -Enabale Draw dwon control (values:true/false).
- Close basket at +0.10% MIN_PROFIT_PERCENT (values:0.1-0.6).
- Close basket at -0.50% MAX_LOSS_PERCENT (values: 0.5-0.8).
- HEDGE FUND PROTOCOL_SLIPPAGE (values: 10-50).
- =================================================================
- Use_TP_In_Money- Use Take Profit In Money (values:true/false).
- TP_In_Money- Take Profit In Money (values: 10-100).
- Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
- TP_In_Percent- Take Profit In Percent (values: 10-100).
- ————[Money Trailing Stop For Multiple Trades]———————-
- Enable_Trailing-Enable_Trailing with money (values:true/false).
- Take Profit In Money (in current currency) (values: 25-200).
- Stop Loss In Money(in current currency) (values: 1-20).
- ————————————————————————————–
- TakeProfit – TP value of each trade in this Martingale EA (values: 10-60).
- PipStep – Distance in pips which will open a new trade (values: 10-50).
- Lots – Initial lots value, will be duplicated every step (values: 0.01-1).
- Multiply – Multiplier value every step of new trade (values: 2-4).
- MaxTrade – Maximum trades that can run (values: 2-10).
- CLOSEMAXORDERS – Close all orders if there are more than maximum orders.
- MagicNumber – Magic number (values: 1-100000).
- TrailingStop-set a value from 10 to 100 to activate trailing stop loss & take profit, “0” will not activate trailing stop loss.
-You should optimize this EA every few months and use the exact same inputs from above .
-How to perform back test:https://bit.ly/2CD7XWD
