Super Hedging V1.67
From the Old Kings archive: Super Hedging V1.67, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is hedged buy / sell positions. The file name marks it as version 1.67. It raises the lot size after losses (martingale — high risk), can hold buy and sell positions together and places pending orders. It has 40 settings, for example Note (default *** SUPER HEDGING v1.67 ), Note1 (default This Expert Advisor is a) and Note2 (default http://www.learnforexpro). 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 · v1.67 · Free
About Super Hedging V1.67
Super Hedging V1.67 is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), can hold buy and sell positions at the same time (hedging) and places pending buy/sell stop or limit orders. It has 40 settings, such as Note, Note1 and Note2. MQL source code included.
It also moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent.
Files in the download: super_hedging_v167.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 |
|---|---|---|
| Note | *** SUPER HEDGING v1.67 *** | |
| Note1 | This Expert Advisor is a copyright of | |
| Note2 | http://www.learnforexpro.com | |
| Note3 | http://www.belajarforexpro.com | |
| Note4 | ---------------------------------------- | |
| Mode | normal | |
| Note5 | ----- CLOSE ALL POSITION ----- | |
| Close all | FALSE | |
| Note6 | ----- BASIC PARAMETER ----- | |
| Ea loop | 1 | |
| Lot size | 0.1 | Trade size in lots |
| Close one close all | TRUE | |
| Close while hedging profit | 10 | |
| Note7 | ----- INCREMENTAL RANGE ----- | |
| Increase | 15 | |
| Increase start level | 2 | |
| Increase end level | 8 | |
| Note8 | ----- HEDGING STRATEGY ----- | |
| Hedging | TRUE | |
| Time limit | FALSE | |
| Hedge gap | 23 | |
| Multiplier | 0.0 | How much the lot size grows after a loss |
| Take profit | 150 | Take profit distance |
| Stop loss | 0 | Stop loss distance |
| Gap adjustment | FALSE | |
| Note12 | ----- INITIAL ORDER ----- | |
| Initial order | auto | |
| Short ema | 5 | |
| Long ema | 14 | |
| Note14 | ----- TRAILING STOP ----- | |
| Trailing stop | 25 | Trailing stop distance or switch |
| Trailing stop start level | 1 | Trailing stop distance or switch |
| Trailing stop end level | 2 | Trailing stop distance or switch |
| Rebound | 5 | |
| Note15 | ----- TRAILING STOP 2----- | |
| Trailing stop 2 | 20 | Trailing stop distance or switch |
| Trailing stop 2 start level | 2 | Trailing stop distance or switch |
| Trailing stop 2 end level | 6 | Trailing stop distance or switch |
| Rebound 2 | 3 | |
| Note16 | ----- TRAILING STOP 3----- |
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 · Martingale · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code