DollyEA Hedge Strategy,
1. Just for a simple explanation I assume that there is no spread and we may consider GBPUSD pair.
2. The EA take position if the price break the dolly level buy or sell and if the trend condition is according the variables Use_M5_Trend_Analysis_Hg, Use_H1_Trend_Hg and Use_M1M5_EntrySignal_Hg;
3. Suppose the EA take a buy position on GBPUSD at 1,6808 (Buy Breakout with TP at Target 2 and SL in the beginning of Sell Area). At the same time or a few seconds after placing a Buy, the EA put StopSell 0.3 lot at 1,6766 (SL from Buy – Pips_Distance). Attentions to LOTS.
4. If the TP not reached and the price goes down and reach SL, after a few the StopSell try to reach the TP. If so, we have profit in the 2 orders combination.
5. But if TP of the second order not reached and the price goes up again, we have one Stop Buy already at the Buy area. At the time Stop Sell was reached and became active Sell 0.3 lot, we have to immediately place the Stop Buy 0.6 lot at Buy area.
6. If the price goes up and reach the TP, then we have profit in all orders combination too.
7. If the price goes down again without reaching any TP, then continue anticipating with Stop Sell 0.09 lot, then Stop Buy 0.27 lot,…and next. Continue this sequence until we meet the profit. Lots : 0.01, 0.03, 0.06, 0.09, 0.27, 0.81, …
Parameters for Hedge Strategy…Trade_With_Hedge = True;
Start_Lots = 0.01;
Use_M5_Trend_Analysis_Hg = True;
Use_H1_Trend_Hg = True;
Use_M1M5_EntrySignal_Hg = False;
Max_Orders = 4;
Pips_Distance = 2;
Lot_inc_2 = 1.5;
Dolly多利 EA with Hedge-外汇实盘EA
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