Hedging Evereging
Hedging Evereging is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its name points to hedged buy / sell positions. It places pending orders. It has 18 settings, for example Buy Lots28 (default 0.01), Buy Stoploss28 (default 0) and Buy Takeprofit28 (default 0). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 · v1.0 · Free
About Hedging Evereging
Hedging Evereging is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders. It has 18 settings, such as Buy lots28, Buy stoploss28 and Buy takeprofit28. MQL source code included.
Files in the download: hedging evereging.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 |
|---|---|---|
| Buy lots28 | 0.01 | |
| Buy stoploss28 | 0 | Stop loss distance |
| Buy takeprofit28 | 0 | Take profit distance |
| Sell lots29 | 0.01 | |
| Sell stoploss29 | 0 | Stop loss distance |
| Sell takeprofit29 | 0 | Take profit distance |
| Amount31 | -0.05 | |
| Sell lots35 | 0.01 | |
| Sell stoploss35 | 0 | Stop loss distance |
| Sell takeprofit35 | 0 | Take profit distance |
| Price offset35 | -50 | |
| Amount30 | -0.05 | |
| Buy lots34 | 0.01 | |
| Buy stoploss34 | 0 | Stop loss distance |
| Buy takeprofit34 | 0 | Take profit distance |
| Price offset34 | -50 | |
| Amount33 | 0.5 | |
| Amount32 | 0.5 |
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 · Pending Orders · MT4 Expert Advisor · MQL4 Source Code