Hedger 101 Ea
Main function of this ea is to open and hedge loosing trades
- Open Buy and sell immediately when placed on the chart with take-profit no Stop-loss when its start time with my given lots size
- Open Hedge trade has no tp or sl it only closes when the market returns back to the entry of the trade its hedging, or when Hedge trade itself losses a particular $ amount
- If sell trade is loosing a particular amount of money hedge it until it returns to its entry
- If Buy trade is loosing a particular amount of money hedge it until it returns to its entry
- If any trade on a particular instrument hit TP close all trade on that instrument
- After tp and all open orders on that instrument is closed open buy and sell again and hedge when necessary or not i can choose for it to continue or after tp or not
- Ea should have start time
- Manage hedging for individual trades
Ea has this settings
Buy/Sell
Both Buy and Sell
Start time
Lot size
Tp by pips or point
Hedge after Trade Has $ loss on trade
Close Hedge trade After $ loss