Posts made by theuserjohn

@l-andorrà said in How to identify a particular trade and its Hedge trade in a Grid and Hedge ea:

What do you exactly mean? What conditions are to be applied to the hedged trade?

i mean the ea opens buy and sell trades at the same time and the likelihood it will hedge different trades at the same time how can it identify the trade its hedging so that when that trade goes back to breakeven the hedge trade closes

if i was to create an ea that opens buy and sell and it hedges the loosing trade how to make the ea identify a trade and its hedged trade

Hedger 101 Ea
Main function of this ea is to open and hedge loosing trades

1. 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
2. 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
3. If sell trade is loosing a particular amount of money hedge it until it returns to its entry
4. If Buy trade is loosing a particular amount of money hedge it until it returns to its entry
5. If any trade on a particular instrument hit TP close all trade on that instrument
6. 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
7. Ea should have start time
8. 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