Daily Hedge EA

i have extract it from another forum. its work on daily TF only and also on EUUS , USJP pairs mostly , result are good. i am sharing it for your further suggestion and modification.i have also uploaded it detail PDF file.

According to my back-tests it need some modification because some times on some daily candle its order are still in open forms which should be closed when daily candle end.

you check and also try and give your comments.

I agree...your EA needs serious improvements

How do you test a hedge-strategy on mt4?
I never get your result, ahmedabbas. But thanks!
It looks only one way - south.

i have tested it on mt4 as other EA backtest on daily TFs.but i have change the lot sizes i.e in 1st strategy lot size 0.04 , 2nd strategy lot size 0.02 and finally 0.01. you can change the distance between lots .

testing with 66% Quality is not accuracy. Cannot prevent the results that way. 90% is very good, and 99.9% is the best way to test an ea
regards

no trade during forward testing

thank you dear.last week ,i have started it on demo account and after a few days i will share the results.

I have been looking at this. It might work well on Wednesdays, Thursdays and Fridays.

i'll run strategy 2 on a demo for a few days, pairs EU, GU, GJ, UJ

As per the pdf file, this is not hedging, it is nodging in the same pair plus it is recovery zone theory !!!!

I am now reading the code, i can not for now say anything more except be aware from this ea.

Cheers

Yes, I like strategy 2, as well. I don't see anything special in strategy 1....unless you want to to do a partial or full martingale.

For Hedge Strategy 2, is that the same as putting a sell stop and buy stop above and below the middle line, 10tp and 20sl ? . Please correct me if I'm wrong.

I didn't understand ,if we re placing limit orders and sl,tp,what is the use of this ea? what does it do? i apologize if this question is stupid one.

still update?nice!!!

Im curious if anyone is using these methods.

Backtest it.
many error on this.
Daily Hedge_EA EURUSD,Daily: OrderSend error 130

can't test it.
*the pair specification SL is 0. i dont think is limitation of broker.

Sorry to interrupt this thread but I need help please...

I need help in modifying this EA. Currently I am using this ea to trade semi-manual which I will enter the trade and the ea will manage it until all the trade close. currently I am using this ea in live-demo in 2 week and the result is positive. Tbh, I don't actually need this to be modify for me to gain positive result because I am the one who will be entering the trade.

I just need the ea to be modify to place bigger but less pending order.

Currently the ea is placing a lot of small pending order. Instead of small orders, I want the ea to place bigger lots but less pending order.
I have set this ea to place 2 levels of pending order and whenever the price hit one of the level, long or short, the opposite level will place multiple pending order to recover if in cases the trade reverse. It will keep multiply the pending order until the price hit TP and all the pending order will be deleted by the ea.

edit: This Ea is very good in pairs like gbpusd and eurusd. But if you let this ea to trade without guide, its a ticking time bomb, its going to blow your account eventually. For those who download this EA randomly, please give it an indicator to enter, simply place the EA in the chart when you have your indication to enter the market, at least that is how I trade. Happy pips guys.

Hedging is good.
But have to choose right broker.
Some broker allow 100% margin, some are 25-50% only.