HedgeCover EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

HedgeCover EA - Smart Position Protection System

Overview:
HedgeCover is a professional-grade hedging Expert Advisor designed to provide safe and controllable protection for losing positions. Unlike dangerous martingale systems, it implements intelligent risk management with multiple layers of security to prevent over-trading and account blowouts.

Main features:
• One hedge per position - only hedge each position once, eliminating infinite loops • Magic number separation - use different magic numbers for main and hedge positions to prevent hedging • Configurable loss threshold - set the loss level before the hedge triggers (30-100 recommended)
• Cooldown protection - minimum time between hedging transactions (5-15 minutes recommended)
• Maximum hedging limit - an absolute limit on the total number of hedged positions • Margin safety check - 80% available margin requirement prevents over-leveraging • Symbol filtering - only hedge positions on the current chart symbol

Risk management:

Prevent the "avalanche effect" that causes accounts to disappear

Implement professional risk control instead of recklessly doubling down on your bets

Includes batch validation and standardization

Comprehensive logging and monitoring capabilities

Recommended settings:

Primary Magic: The magic number for your strategy

Hedge Magic: different values ​​(e.g. 99999)

Loss threshold: 50 points

Batch factor: 1.5x

Cooling time: 5 minutes

License: MIT License - Free for community use, modification and distribution

WARNING: Designed for demonstration testing and educational purposes only. Use at your own risk. Always test thoroughly before considering field use.

Suitable for: Traders seeking professional hedging capabilities and avoiding the risks of traditional martingale systems.

Attachment download

📎 HedgeCoverV1.04.mq5 (30.09 KB)

Source: MQL5 #63299