Hedge Hog V1 1 .3
Hedge Hog V1 1 .3 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around hedged buy / sell positions. This copy is version 1.1. Its source code uses Parabolic SAR. It moves the stop behind price. It has 9 settings, for example Start Hr (default 0), Start Min (default 30) and Stop Loss (default 75). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1 · Free
About Hedge Hog V1 1 .3
Hedge Hog V1 1 .3 is an expert advisor (trading robot) for MetaTrader 4 based on Parabolic SAR. It moves the stop loss behind price (trailing stop / break-even). It has 9 settings, such as Start hr, Start min and Stop loss. MQL source code included.
Files in the download: HedgeHog_v1[1].3.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Start hr | 0 | |
| Start min | 30 | |
| Stop loss | 75 | Stop loss distance |
| Take profit | 20 | Take profit distance |
| Lots | 1 | Trade size in lots |
| Days of close | 2 | how many days before closing open orders |
| Ts mode | 1 | use trailing stop 0=NO 1=YES 2=TS Only |
| Ts trigger | 5 | |
| Ts sensitivity | 5 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Hedging · Trailing Stop & Break-even · Parabolic SAR · MT4 Expert Advisor · MQL4 Source Code