my 2019 hedging strategy EA | Forex Factory

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my 2019 hedging strategy EA

  • #1
  • First Post: Edited Jun 4, 2025 11:07am May 16, 2019 1:17pm | Edited Jun 4, 2025 11:07am
This EA may not be the best EA around, but I think it is good enough for me.

It is based on hedging strategy.

If you don't like hedging, please stay away.

Anyone interested to try it can download it here:

2 versions are included, with SL and without SL.

I may try to answer your questions whenever I am free.

I won't explain on how to use an EA, please search for it.

current setting is for 4 decimals. to use with 5 decimals, you need to add another zero to most input.

Attached File(s)
File Type: ex4 90409 90328 4D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct TRIAL.ex4   54 KB | 2,178 downloads


Attached File(s)
File Type: ex4 90409 90328 4D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct TRIALSL.ex4   54 KB | 1,403 downloads


for 5decimals (addded 22may)
Attached File(s)
File Type: ex4 90409 90328 5D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct TRIAL.ex4   53 KB | 1,912 downloads | Uploaded May 21, 2019 11:16pm



basic variables/inputs for 4decimals, no sl version (sl value not functioning for this type, but functioning in SL type):

eqttgt = 100000;
Profit = 1000.0;
Propct = 100.0;
spread = 5;
tp = 100;//
tp2 = 3;
tpsell = 100;//
tpbuy = 100;//
slips = 3;
shsell = 25;
shbuy = 25;
sellno = 10;//9;
buyno = 10;//10;
lastlot = 0.01;
lotmula = 0.01;
lotmulaB = 0.01;
lotmulaS = 0.01;
lotmulamax = 1.00;
lotplus = 0.01;
lotExp = 1.667;
StopLossSell = 0;
StopLossBuy = 0;
TrailingStart =10;
TrailingStop =300;
Tambahtp =10;

(will add explanation later)

added ea to be used up to end of 2024 for anyone to use or to test, enjoy, hope help some to make some money.

added ea to be used up to end of 2026, with working stop loss.
Attached File(s)
File Type: ex4 50604 91201 M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct 2025.ex4   54 KB | 322 downloads | Uploaded Jun 4, 2025 11:07am
Attached File(s)
File Type: ex4 91201 90409 5D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct 2025.ex4   54 KB | 883 downloads | Uploaded Aug 17, 2023 5:09am
LUCKY golden trades, LUCKY gold investor trading style
  • #2
  • May 16, 2019 2:41pm May 16, 2019 2:41pm
Quoting fx4money
This EA may not be the best EA around, but I think it is good enough for me. It is based on hedging strategy. If you don't like hedging, please stay away. Anyone interested to try it can download it here: 2 versions are included, with SL and without SL. I may try to answer your questions whenever I am free. I won't explain on how to use an EA, please search for it. {file} {file}
Thanks ,as you promised!
  • #3
  • Edited 3:56pm May 16, 2019 3:44pm | Edited 3:56pm
hi, thnaks for sharing.
but theses files are ex.4? it's not working
  • #4
  • May 16, 2019 4:34pm May 16, 2019 4:34pm
Quoting T4Trade
{quote} Thanks ,as you promised!
the strategy is explained in this thread https://www.forexfactory.com/showthr...0#post12276020
LUCKY golden trades, LUCKY gold investor trading style
  • #5
  • May 17, 2019 10:06am May 17, 2019 10:06am
best to use on EU. avoid jpy pairs.
LUCKY golden trades, LUCKY gold investor trading style
  • #6
  • May 17, 2019 10:29am May 17, 2019 10:29am
thx for sharing
  • #7
  • May 17, 2019 2:18pm May 17, 2019 2:18pm
eqttgt = set value of equity when you want ea to close all trades. i normally set it to about 5 or 10 percent of original balance. if initial balance is 1k, eqttgt set to 1050 or 1100.

best to run only 1 pair at a time.
LUCKY golden trades, LUCKY gold investor trading style
  • #8
  • May 18, 2019 10:03am May 18, 2019 10:03am
Quoting fx4money
eqttgt = set value of equity when you want ea to close all trades. i normally set it to about 5 or 10 percent of original balance. if initial balance is 1k, eqttgt set to 1050 or 1100. best to run only 1 pair at a time.
ea will close all posts when equity target achieved and stop trading. you need to change the eqttgt value to higher value, say another 5 or 10% higher than latest equity.
LUCKY golden trades, LUCKY gold investor trading style
  • #9
  • May 18, 2019 2:04pm May 18, 2019 2:04pm
Thank you very much for sharing your EA! Are you using the standard settings or did you make changes in it?

Greetings
  • #10
  • May 20, 2019 4:31pm May 20, 2019 4:31pm
Quoting Etorix
Thank you very much for sharing your EA! Are you using the standard settings or did you make changes in it? Greetings
i am using the one without SL and change the eqttgt velue only.
LUCKY golden trades, LUCKY gold investor trading style
  • #11
  • May 21, 2019 2:18pm May 21, 2019 2:18pm
"to use with 5 decimals, you need to add another zero to most input"

Which inputs, exactly? The descriptions of many inputs are cryptic at best so their functions are not obvious.

Rather than leaving people to experiment blindly, why not just upload a set file for 5-digit brokers?

I'm sure that the system has promise and would love to see how it operates in the strategy tester, but it doesn't place any trades and doesn't report any problems either, so I have no clue which values need adjusting.
  • #12
  • May 21, 2019 11:18pm May 21, 2019 11:18pm
Quoting fxtrue
"to use with 5 decimals, you need to add another zero to most input" Which inputs, exactly? The descriptions of many inputs are cryptic at best so their functions are not obvious. Rather than leaving people to experiment blindly, why not just upload a set file for 5-digit brokers? I'm sure that the system has promise and would love to see how it operates in the strategy tester, but it doesn't place any trades and doesn't report any problems either, so I have no clue which values need adjusting.
ea for 5decimals just added to 1st post.
LUCKY golden trades, LUCKY gold investor trading style
  • #13
  • May 23, 2019 4:45pm May 23, 2019 4:45pm
Just tried the 5-digit version in the Strategy Tester but no trades were placed - even after 3 months of testing

Does the EA require a specific chart time frame? No errors/warnings show in the Journal tab so I have no clue what might be wrong.
  • #14
  • May 23, 2019 10:20pm May 23, 2019 10:20pm
Quoting fxtrue
Just tried the 5-digit version in the Strategy Tester but no trades were placed - even after 3 months of testing Does the EA require a specific chart time frame? No errors/warnings show in the Journal tab so I have no clue what might be wrong.
check what is the smallest lot size allowed by that broker. ea should be used on D1 tf or smaller, but wouldn't make much different. I never tried it on larger tf.
LUCKY golden trades, LUCKY gold investor trading style
  • #15
  • May 24, 2019 1:09am May 24, 2019 1:09am
if your account balance is more or equal to 100k, the ea won't work anymore, because the eqttgt default is set at 100k, at this value, ea will not trade.
LUCKY golden trades, LUCKY gold investor trading style
  • #16
  • May 24, 2019 10:17am May 24, 2019 10:17am
@fx4money

I did a backtest using 99.9% tick data and WOW, great results! The test was done from Nov 2018 until a couple days ago. Amazing profit while keeping DD in check. There were a bunch of open positions at the end of the test period that were of course closed which explains the equity drop at the end. Would love to know more about the inputs - perhaps some tweaks can be made, however right out of the box it looks quite impressive. The bot seems to use a lot of resources as the tests are slow, so any serious optimization would take much time. Anyway, looks to me like you are on to something here!
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester.gif Size: 9 KB
Attached File(s)
File Type: rar results.rar   22 KB | 964 downloads
  • #17
  • May 26, 2019 8:54am May 26, 2019 8:54am
Quoting fx4money
{quote} ea for 5decimals just added to 1st post.
Hello! Until what date will the advisor work?
"Money makes Money"
  • #18
  • May 26, 2019 10:31am May 26, 2019 10:31am
Quoting syndicat
{quote} Hello! Until what date will the advisor work?
ea will work till this year end, so plenty of time for u guys to try it out.
LUCKY golden trades, LUCKY gold investor trading style
  • #19
  • May 26, 2019 10:34am May 26, 2019 10:34am
Quoting Telac
@fx4money I did a backtest using 99.9% tick data and WOW, great results! The test was done from Nov 2018 until a couple days ago. Amazing profit while keeping DD in check. There were a bunch of open positions at the end of the test period that were of course closed which explains the equity drop at the end. Would love to know more about the inputs - perhaps some tweaks can be made, however right out of the box it looks quite impressive. The bot seems to use a lot of resources as the tests are slow, so any serious optimization would take much time....
as i said in my journal thread, the latest strategy is using daily closed value for entry, that's why it is very slow in opening new trade.
LUCKY golden trades, LUCKY gold investor trading style
  • #20
  • May 26, 2019 11:14am May 26, 2019 11:14am
Quoting Telac
@fx4money I did a backtest using 99.9% tick data and WOW, great results! The test was done from Nov 2018 until a couple days ago. Amazing profit while keeping DD in check. There were a bunch of open positions at the end of the test period that were of course closed which explains the equity drop at the end. Would love to know more about the inputs - perhaps some tweaks can be made, however right out of the box it looks quite impressive. The bot seems to use a lot of resources as the tests are slow, so any serious optimization would take much time....
other potential variant to test:

1. try to do 1 way, means buy only or short only
2. 10 buys & 1 sell
3. 10sells & 1 buy.
LUCKY golden trades, LUCKY gold investor trading style
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