HTH Trader - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

The author of this idea — c0d3 , mq5 author — Balabashka Kong .

The Hedge Trader was developed to hedge normal hedging (EURUSD vs USDCHF hedging). Pairs trading sometimes has heavy DD. This trading strategy attempts to hedge to reduce severe drawdowns experienced by traders. Huatai Trader, hedges EUR/USD/CHF , and GBP/USD/AUD/USD , creating a hedging e- strategy. This strategy trades (4) positions per day. DD is also restricted in that hedging positions can only be held for one day. When a new day starts and the hour() value on the current broker is greater than zero, the EA enters. The EA will wait until hour() 23 to close the position. When a new day starts, the EA will restart.

New Feature: Urgent Transactions

If "enable_emergency_trading" is set to "true", the EA waits for the loss to reach the "emergency_loss" PIP value before entering a new trade. New trades will be profitable positions. For example, if you have EURUSD loss, USDCHF loss, GBPUSD profit and AUDUSD profit, when "emergency_loss" is reached, the EA will open a clone of the GPBUSD position and AUDUSD position, since their profits are positive. This function is set to be executed once a day, and if the "emergency_loss" PIP value is reached, the "emergency_trading" function is only executed once and then restarted the next day. This feature cannot be turned off without removing the code.

 if (enable_emergency_transaction== true && total profit<=-emergency_loss){doubleorders();} 

Attachment download

📎 hth_trader.mq5 (22.64 KB)

Source: MQL5 #18229