Multi Hedge V1.1 4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Multi Hedge V1.1 4. Its name points to hedged buy / sell positions. The file name marks it as version 1.1.4. It handles several symbols. It has 12 settings, for example Lots (default 1), Target Pips (default 10) and Slippage (default 3). 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 · v1.1 · Free
About Multi Hedge V1.1 4
Multi Hedge V1.1 4 is an expert advisor (trading robot) for MetaTrader 4. It works on several symbols at once. It has 12 settings, such as Lots, Target pips and Slippage. MQL source code included.
Files in the download: MultiHedge V1.1.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 |
|---|---|---|
| Lots | 1 | Trade size in lots |
| Target pips | 10 | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Magic | 332255 | Magic number that tells this EA's orders apart |
| Cooling time | 5 | |
| Suffix | ||
| Pair1 | AUDUSD | |
| Trade type1 | Sell | |
| Pair2 | USDCAD | |
| Trade type2 | Buy | |
| Pair3 | USDJPY | |
| Trade type3 | Buy |
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 · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code