MT4-EA Hedge Hog

EA Hedge Hog - Fully Automatic Expert Advisor

Opens deals only at the beginning of a new day

Trades market or pending limit orders

There is a built-in money management system

It can be used for trading on any trading instruments

Any broker. However, it will be better if the broker has zero or minimum stop levels for the traded instrument

The size of the spread does not matter.

The default settings are set for gold trading M15 , with the XAUUSD pair. For other trading instruments, select the settings in the strategy tester

Minimum deposit 500 USD

Description of the Adviser settings:

MAIN SETTINGS

New Cycle - On/Off auto trading. The current trading cycle will be brought to an end, after which the adviser will stop trading

Allow BUY - Allows/Disallow BUY

Allow SELL - Allows/ Disallow SELL

Only one order by one direction - Mode of only one BUY order and one SELL order in the market

Open pending only - Trade only pending orders

Pending order expire (hours) - The maximum lifetime of a pending order (in hours)

Slippage, pips - Maximum slippage, in pips

MONEY MANAGEMENT

Select lot type - select the lot type. To choose from: Fixed lot - Fixed lot; By balance - Autolot from the balance; By free margin - Autolot from the free margin; Risk % per trade - Risk as a percentage of the balance per transaction

Fixed lot - Fixed lot size

Risk % per trade or Amount Divider - Risk as a percentage (when choosing Risk % per trade in the Select lot type parameter) or the amount of money to calculate the auto lot from the balance or from the free margin

StopLoss, pips (-1 = auto) - Stop loss. This value is used only to set the stop loss level for manually opened orders and to calculate trading volumes during auto-lot. If the value is 0, then the stop loss is calculated from 1000 pips. If the value is -1, then the stop loss will be calculated automatically and the Take profit level, as well as the order volume when trading autolots, will depend on its value

TakeProfit, pips - Take profit, in pips. If the value of StopLoss = -1, then the take profit will be calculated automatically

Virtual TP (money) - Virtual take profit in the account currency

Virtual TP (% from balance) - Virtual take profit as a percentage of the account balance

Order Expiration (hours) - The lifetime of a market order, after which it will be closed, regardless of whether it is profitable or at a loss, is indicated in hours

Martingale, multiplier is a classic Martingale system. If the value is greater than zero, then upon receipt of a losing order, the EA will calculate the volume of the next order depending on the set value and the number of losing orders (use with caution!)

Number loss for Martin - the number of unprofitable orders in a row, after which the Martingale system will turn on

OTHER SETTINGS

Send Push notification - send notifications about the progress of trading to the terminal on your smartphone

Show Info Panel - Show/Hide the dashboard and trading statistics on the chart

Show Button Panels - Show/Hide the panel with order control buttons (open, close, change volume)

Color scheme of the chart - Select the color design of the chart

Magic ID - The magic number of orders opened by the Expert Advisor to distinguish them from the orders of other Advisors

THE EXPERT ADVISOR TRADES WITHOUT SETTING A STOP LOSS! BE SURE TO TEST THE EXPERT ADVISOR IN THE TESTER BEFORE BUYING AND CHECK ITS OPERATION ON A DEMO ACCOUNT BEFORE INSTALLING IT ON A REAL ACCOUNT!

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