Helping with a good Hedge EA | Forex Factory

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Helping with a good Hedge EA

  • #1
  • First Post: Mar 27, 2018 10:44am Mar 27, 2018 10:44am
Can someone help me with a code.
I have compiled a Hedge EA from several codes. The EA works very well only I have 1 code in it, I'm not so happy with.
That is the hedge code of doubles. Now, with each hedge, the EA doubles the lotsides. Example: each trade, after the start trade, double. So first trade 0.10, second trade 0.20, third trade 0.40 etc.
But I want a hedge to double with the start lotsides. Example: if the first trade starts with lotsides 0.01 then each hedge has to get the lotsides 0.02.
I do not manage to come up with an MT4 code.

Does anyone know what code I should change and what the code is?
of course, good suggestions for the total ea are always welcome

Edwin
Attached File(s)
File Type: mq4 ProTest.mq4   31 KB | 1,017 downloads
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  • #2
  • Mar 28, 2018 8:28am Mar 28, 2018 8:28am
Quoting edbeleg
Can someone help me with a code. I have compiled a Hedge EA from several codes. The EA works very well only I have 1 code in it, I'm not so happy with. That is the hedge code of doubles. Now, with each hedge, the EA doubles the lotsides. Example: each trade, after the start trade, double. So first trade 0.10, second trade 0.20, third trade 0.40 etc. But I want a hedge to double with the start lotsides. Example: if the first trade starts with lotsides 0.01 then each hedge has to get the lotsides 0.02. I do not manage to come up with an MT4 code....
Working on it, I'll send the code ASAP.
  • #3
  • Mar 28, 2018 10:02am Mar 28, 2018 10:02am
Super Joe, The EA is working well. a really Hedge Ea
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  • #4
  • Apr 6, 2018 3:39am Apr 6, 2018 3:39am
Hallo.
Could You share it here?
  • #5
  • Edited 4:23pm Aug 4, 2020 2:00pm | Edited 4:23pm
Quoting JoeFranklin
{quote} Working on it, I'll send the code ASAP.
How were you able to solve it? I am trying to figure this out but for the life of me cant!
  • #6
  • Aug 5, 2020 2:53am Aug 5, 2020 2:53am
Quoting JoeFranklin
{quote} Working on it, I'll send the code ASAP.
Could you please share the modified EA if possible
  • #7
  • Aug 5, 2020 3:44am Aug 5, 2020 3:44am
Quoting edbeleg
Can someone help me with a code. I have compiled a Hedge EA from several codes. The EA works very well only I have 1 code in it, I'm not so happy with. That is the hedge code of doubles. Now, with each hedge, the EA doubles the lotsides. Example: each trade, after the start trade, double. So first trade 0.10, second trade 0.20, third trade 0.40 etc. But I want a hedge to double with the start lotsides. Example: if the first trade starts with lotsides 0.01 then each hedge has to get the lotsides 0.02. I do not manage to come up with an MT4 code....

Hi edbeleg,
Here is a quick patch to accomplish what you describe while JoeFranklin gets the code to you with the better solution
Thought it would be an easy fix to just edit the EA to
Inserted Code
Lot + Lot*currentOpen;
, but then it doesn't take any trades if done that way...

Attached File(s)
File Type: mq4 ProTestMod.mq4   31 KB | 822 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB


Best of luck with testing.
Hope this helps ^_^
"Work hard, put in the effort, and follow your dreams..." -Me
  • #8
  • Aug 5, 2020 5:25am Aug 5, 2020 5:25am
Quoting tzamo
{quote} Hi edbeleg, Here is a quick patch to accomplish what you describe while JoeFranklin gets the code to you with the better solution Thought it would be an easy fix to just edit the EA to Lot + Lot*currentOpen;, but then it doesn't take any trades if done that way... {file} {image} Best of luck with testing. Hope this helps ^_^


Sir,


Is it possible to open the consecutive lots after 100pips for each trade.



Please confirm.


Thanks in advance.
  • #9
  • Aug 5, 2020 2:54pm Aug 5, 2020 2:54pm
Quoting tzamo
{quote} Hi edbeleg, Here is a quick patch to accomplish what you describe while JoeFranklin gets the code to you with the better solution Thought it would be an easy fix to just edit the EA to Lot + Lot*currentOpen;, but then it doesn't take any trades if done that way... {file} {image} Best of luck with testing. Hope this helps ^_^
Thank you so much for your help, now the only issue remaining is whether or not this EA can be run on multiple currencies same time, seems to be an issue because when it reaches profitTarget the positions don't close, any idea?
  • #10
  • Aug 6, 2020 6:19am Aug 6, 2020 6:19am
Quoting hnasir1
{quote} Thank you so much for your help, now the only issue remaining is whether or not this EA can be run on multiple currencies same time, seems to be an issue because when it reaches profitTarget the positions don't close, any idea?

Hi hnasir1, you should be able to change the magic numbers for different pairs. Difficult to control risk with such an EA so please take care, best used as a learning tool in demo to learn why and how it can fail. Wow I didn't realize that this thread is from 2018, may have been too tired to pay attention to the dates.
"Work hard, put in the effort, and follow your dreams..." -Me
  • #11
  • Last Post: Sep 5, 2020 4:58am Sep 5, 2020 4:58am
usually a hedge strategy with only three pairs makes sense.
but the biggest enemy is cost, you have to include that in your expenses.
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