side because we have both BUY and sell pending orders at the same time) price hits one of those levels and trade has been opened to that side. Reasons to use Hedge EA: Minimize drawdown by locking-in losing positions until they get back in favor. Also we use our unique way to control the risks when auto trading. EA is not permanently locked to a computer or MT4 account. But its not what Hedge EA is about. You can use EA with default settings already loaded for you. Increase winning ratio and profit by adding to winning positions.
Home Forums Trades News Calendar Market Brokers Login; User/Email: Password. I used a simple EA, where I only had to enter the three pairs, whether I want to open a sell or buy order for the single pairs, the lotsize and the. It did not use any indicator and opened new trades as soon as the previous ones where closed. But I do not have. One possible way to hedge the eurgbp exposure is simple trade the same EA on 2 other pairs with a similar amount of correlation.
Once you installed the EA you can use it straight away with default settings. Usually, all non-US brokers allow this. Turn losing trades into profitable trades by using Hedge the Hedge technique. This is is the problem which every Forex trader faces every day Well, lets be smart and put the price line in the middle! Instruction manual explains all EA options and settings.
So for example the setup: So for example the setup: EA on GU / EU as described above.
This Hedge Channel Trading System EA can trade in two channel/hedge trading styles.
If you set the ChannelStyle parameter to 1 EA will automatically set the support and resistance levels for you.
You can increase the range to tell the EA how many candles it should look back to set the levels, the bigger the range the stronger the levels will.
In the example above we see how the Hedge EA continued to open hedge trade for each position originated from the initial BUY order.