Hedging for beginner with fx4money

1st of all, hedging haters please stay away.

I think hedging is not a very profitable method of trading, but you can learn a lot by trading with live account that could survive way longer than most other strategies, as they said high risk high return and vice versa.

My definition of hedging maybe different from others, I don't care about that, but it is according to broker definition, buy and sell same pair at the same time.

My objective is to share a bit of my strategy with those who has been losing money in trading using all other strategies, with luck, to learn how to slowly getting maybe small profit. The strategy could have some basic similarities found in many other threads.

I will not share my actual ea, but I will share some ea with almost same functions for anyone who wants to get more understanding on hedging by running it or can try using manual entry, which will be very exhausting.

I will update this post again whenever I upload ea to be tested. almost 2am here, time to sleep.

here are 2 ea with naked strategy, means indicator has been disabled for trade entry.
basically it is a grid ea, with preset fix lot minimum size of 0.01lot, for 5 decimal broker.
distance between positions will increase each time new position is opened for that direction.

i am putting an ex file, so it is up for you guys to try em using demo account to evaluate the strategy.
basically when using hedging method, i will off ea, close all positions when equity reached certain target level.

2 ex file, 1 is meant to open buy, another to open sell.

here are 2 ea ilan 1.6 with different magic number so you guys can set 1 to buy/long only, the other sell/short only. place each on different chart of same pair to get the hedging to work. lotexponent (multiplier) has been set to 1, means fix lot size.

Dear Fx4money, i wonder what pairs that work on this EA and what time frame? thanks bro.

regards, james

i would say it is best for eurjpy. if you use non martingale setting (multiplier = 1.0), it is good for most euro pairs.

hello, how can i set one of them to trade on sell, and the other one trade on buy .