Peter Mueller's MQL5 Easy-to-use Hedging Class - MetaTrader 5 Library
Input parameters :
The code is full of comments, I recommend checking it out if you want to understand everything.
The following features are important:
1 Set parameters :
2 Target profit :
4 Extrusion distance :
8 volumes to be determined :
9 Short Pending Volume :
13 Built from within :
16 Last long price :
17 Last short sale price :
Attachment download
📎 hedgeclass.mqh (65.95 KB)
📎 hedgingea.mq5 (6.84 KB)
Source: MQL5 #50358
Peter Mueller's MQL5 easy-to-use hedging class - MetaTrader 5 library usage and screening recommendations
Peter Mueller's MQL5 easy-to-use hedging class - MetaTrader 5 library belongs to MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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