Hedging Pro Ultimate uses a trend follow strategy coupled with virtual pending orders to maximize profits, virtual close partial to minimize drawdown and close by opposite signals if there is a change in trend to minimize losses. Hedging Pro Ultimate works fully automatically without manual intervention and is equipped with a news filter. How to set up news filter : click here
MT5 version | Product Guidance | Setfile
Suggested pairs: EURUSD, GBPUSD, XAUUSD
Expert parameters:
1. Manage Open Positions + Trade Buy: allow buy + Trade Sell: allow sell + Open Position Method: Select the open position method + Delete trendline after opening a position: set false for continuous pending orders. + Continue New Cycle: set false to stop a new cycle trade.
2. Manage pending orders + Pending Orders: Enable virtual Pending Orders + Distance of pending orders from the current price (in pips) + Step size to move pending orders (in pips)
3. Manage Lot and Money + Lot Type: Select lot type + AutoLot (ex. 1000 $ = 0.01): Manage lots + if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Ex. Balance 5000, fill in 1000, Autolot = 0.05) + if Autolot = false, fill in Start Lot: fill in the initial lot + Multiplier for Martingale 3/Anti Martingale 2/Mix Lot: Multiplier lot coefficient + Maximal Lots: max lots per trade
4. Manage GRID + Open Next Grid only on a new bar + Open Next Grid on Trend Direction : open next position only when there is a signal. + GRID Mode: Select grid strategy + Step (in pips): Distance to open the next position + Expanding Step Coefficient: step multiplier coefficient + MaxTrade Buy: Maximum allowed long positions + MaxTrade Sell: Maximun allowed short positions
5. Manage Close + Cut loss if loss, $: close all positions when the cutloss target is reached, in money.
+ Cut loss if Drawdown, %: close all positions when the drawdown target is reached, in percentage.
6. Manage SL-TP Settings + Use Stoploss and Take Profit, in pips + Stop Loss(in pips), 0= no stoploss
+ Take Profit(in pips), 0= no take profit
7. Manage Trailing Money + Trailling (in money): Trail profit in money. + Trail Money All (in Percentage): Trail profit in percentage balance.
8. Manage Drawdown Reduction + Use Auto Close Partial: + Select Close Partial Method: + Number of trades to activate partial close: Minimum open positions to start partial close. + Select Partial Takeprofit Method : Pips or Money + Minimum profit to close partial : Minimum profit to do partial close + Use Auto Close Partial, in percentage: Close partial in percentage + Number of trades to activate partial close: Minimum open positions to start partial close. + 1st Percentage profit to close partial 2, %: Minimum profit 1st last position to do partial close. + 2nd Percentage profit to close partial 2, %: Minimum profit 2nd last position to do partial close. + Auto Close Partial 3: + Select Close Partial 3 Method + Number of trades to activate partial close 3 + Lots to start partial closing: minimum lots to activate partial closing 3 + min Profit to close(in pips): Minimum profit to be able to close a position + Partial close percentage, % : How many % lots will be closed. Ex. 50% x lot 0.1 = 0.05 lot to close partial
9. Time Management + Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker’s server time. + Trade Start Time: Time to start new cycle + Trade End Time: Time to stop new cycle
10. Continue new cycle management: start new cycle at the specified hour. Timing use local time or vps time.
11. Manage News + Stop Trade by News: Allow news filter + Indent after News, minutes + Indent before News, minutes + Enable light news + Enable medium news + Enable hard news + Auto GMT : enable auto GMT + If Auto GMT= false, Fill in GMT Offset + Currency to display the news (empty – only the current currencies) + Period news updates in seconds
12. Manage Others + Max Spread (in Pips): spread allowed + Coefficient (if Freeze=0 Or StopsLevels=0) : Fill in at least 1, only to anticipate volatile market conditions and the broker will increase freezelevel and stoplevel. + Magic number : Fill in 0 (Zero) so that ea can recognize all positions opened manually or by other eas.![]()