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.
Signal Demo Account | MT4 Version | Setfile: pls leave a message on the comment tab, I will send you the latest setfile
Suggested pairs: EURUSD, XAUUSD
Expert parameters:1. Manage Open Positions+ Open Position Mode: 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 order (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 Lock+ Use Lock: Use lock by drawdown/money/pips+ Lock By Drawdown, ea will hedge the positions based on drawdown+ Lock By Money, ea will hedge the position based on losing money+ Lock By Pips, ea will hedge the position based on losing pips
6. Manage Close+ Use Daily Target Profit, in money: Close all positions and remove ea from chart when daily profit target is reached+ 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.
7. Manage SL-TP+ Use Stoploss and Take Profit, in pips+ Stop Loss(in pips), 0= no stoploss+ Take Profit(in pips), 0= no take profit
8. Manage Trailing Money+ Trailling (in money): Trail profit in money.+ Trail Money All (in Percentage): Trail profit in percentage balance.
9. 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
10. 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
11. Continue new cycle management: start new cycle at the specified hour. Timing use local time or vps time.
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.