EA Hedge Average - MetaTrader 4 Expert | Forex Indicator Download - MT4/MT5 Resources

The EA is made using the Hedging Average function.

Instead of placing an order based on the candle value, a trigger order is placed using the Moving Average indicator, so when a candle moves and crosses the Moving Average indicator, an order is generated.

A hedging order occurs when the Moving Average indicator detects a crossover in consecutive candles of the previous order, so it creates a new order that is different from the previous order.

 if (TotalOrder( 0 )  1 && weight! = time [ 0 ] ) { ticket b = order sent ( symbol (), OP_BUY , NR(lot), ask , 3 , slb, tpb, Name_EA, magic, 0 , blue); if (ticket b > 0 ) weight = time [ 0 ];
} if (total orders ( 1 ) < max orders && trade_sell && signals == 2 && week != time [ 0 ]) { tickets = orders sent ( symbol (), op_sell ,nr(lots), bids , 3 , sls, tps, Name_EA, magic, 0 , red); if (tickets > 0 ) week = time [ 0 ];
}

Expert opinion:

EA example:

Attachment download

📎ea_hedgeaverage.mq4 (7.02 KB)

Source: MQL5 #15004