Hedge EAs, indis, scripts & libraries

Place Hedge Order of unbalanced positions in MT4 – script MetaTrader 4

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Place Hedge Order of unbalanced positions in MT4 - script for MetaTrader 4
This script calculates the total unbalanced postion of hedged or non hedged postions and then place hedge trades accordingly. Example  trader places 0.01 lot then 0.02 lot buy trade if then try to run the script , it will place 0.03 lot sell trade if again a sell trade is placed of lot size 0.05

Harmonized Pending Hedge of open trades for chart symbol – script MetaTrader 4

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Harmonized Pending Hedge of open trades for chart symbol - script for MetaTrader 4
This script sets pending hedges with distance in pips for chart symbol. If hedged are 100% harmonized strategy will do nothing, else calculates difference between Buy and Sell Trades and places a harmonized pending hedge 100%. Deletes old hedges for symbol and places new ones. This way can be used as manual trailing pending hedges,

Sell with Buy Stop Hedge for chart symbol / Buy with Sell Stop Hedge for chart symbol – script MetaTrader 4

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Sell with Buy Stop Hedge for chart symbol / Buy with Sell Stop Hedge for chart symbol - script for MetaTrader 4
It has been over two yeas I don’t use  stop orders much. Instead of placing Stop Loss orders, I use hedged pending orders. I use this scripts often in my trading with keyboard shortcuts ALT+B vs ALT+S, so I think is useful enough to share this scripts with you. #property copyright     “Copyright 2024, MetaQuotes

Hedge Script – script MetaTrader 4

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Hedge Script - script for MetaTrader 4
Author: Kevin Kurka (Kurkafund@yahoo.com) The script cycles through your open orders and asks which order/s you would like to Hedge. Once you select an order to hedge. The script calculates the best possible synthetic hedge for that position, based on the combination with the lowest transaction cost then places the orders in proportion to the

Multicurrency hedge example EA (overlay hedge) – EA MetaTrader 4

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Multicurrency hedge example EA (overlay hedge) - expert for MetaTrader 4
The Expert Advisor looks for correlations of the Market Watch list symbols, calculates Average True Range ratios for every hedging combination and assigns different magic numbers for them. Then the subsequent operations can be easily carried out with the prepared data. For precision, statistics like correlation and ATR ratio are recalculated every day. The Expert