Magic Hedging is based on the hedging technique. The Expert Advisor tries to enter the market at the beginning of a trend.
If the price moves in the unfavorable direction, Magic Hedging attempts to recover losing trades. It restores loss-making positions and tries to make them profitable by opening an opposite position with an increased lot.
This opposite order can have a multiplied lot or a plus lot.
Requirements and recommendations
- Deposit min 10.000$ or optimal cent account
- Leverage 1:500
- Stop level less than 30 or 50 points
- Use small spread
Input Parameters
- Trading – Selection of two options: Automatic/Manually.
- Version – Selection of four options: Hedging V1/Hedging V2/Hedging V3/Hedging V4. (These are different trading methods, depicted in pictures below.)
- Magic Number – The unique (magic) number of the EA.
- Invest – Percentage of Account Balance.
- Lots Size – Selection of two options: +/x (plus lot size/multiplied lot size).
- Lots Start – Fixed first lot size.
- Lots Size Next – Lots size increase for next orders.
- Max Order – Maximum number of orders in one grid.
- Distance – Distance for the next order.
- Start Trailing – Trailing Start in points.
- Step Trailing – step for setting Stop Loss and moving Stop Loss in the direction of profit.
- Close Trailing – Close the order with a minimum profit.
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