Hedgin EA

If you need an Indicator or Signal developed or translated from other language, please post all Indicator development REQUESTS to this section here.

Moderator: admin

Hedgin EA

Postby jayfcn » Tue Mar 26, 2024 12:02 am

I need an MT5 EA (Hedging EA) that applies a Hedging strategy and Zone recovery area strategy to Other EAs (main EA) with the following characteristics:

That executes pending orders instantly for each trade opened by a specific EA (Main EA),

Being able to apply hedging strategy by magic number of the main EA, if the main EA that executes market operations has a magic number, it can be set in the Hedging EA settings to apply the strategy only for that Main EA but Hedging EA always have your own magic number.

That pending orders are always opposite to open orders

For buy orders, pending orders are sell and for sell orders, pending orders are Buy.

You can set the distance in pips of pending orders from the executed order, the distance in pips is defined in the Hedging EA settings.

For executed buy orders, the opposite pending order (sell) is always set at a price lower than the order executed by the main EA.

For executed sell orders, the opposite pending order (buy) is always set at a higher price than the order executed by the main EA.

That is able to detect the lot size of the operation opened by another ea and automatically multiply it in the pending operation that can modify the multiplier in configurations 1,2,3, etc.

If pending orders are executed, the cycle repeats

If the main EA closes a trade for any reason, due to timing, profit taking, stop loss, money management, etc., all pending or executed orders are also closed.

Be able to set up take profits and stop loss trades.

that stops the pending order cycle until profits are generated with the strategy

They already created a similar EA but it does not have everything I need, it can be modified:
https://fxcodebase.com/code/viewtopic.php?f=31&t=67418#p127250
jayfcn
 
Posts: 6
Joined: Fri Mar 22, 2024 10:57 pm

Re: Hedgin EA

Postby Apprentice » Wed Mar 27, 2024 10:04 am

We have added your request to the development list.
Development reference 261
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36495
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Return to Indicator and Signal Requests

Who is online

Users browsing this forum: No registered users and 51 guests