In the dynamic world of forex trading, risk management is the cornerstone of long-term success. Hedging Boss V1.02 EA MT5 brings a robust hedging strategy to the MetaTrader 5 platform, enabling traders to protect profits during market volatility and capture opportunities on both rising and falling prices. Whether you’re a seasoned pro or a newcomer seeking more controlled exposure, this Expert Advisor offers customizable settings, advanced filters, and automated risk controls to streamline your trading approach.
Overview of Hedging Boss V1.02 EA
Hedging Boss V1.02 EA is engineered to execute paired buy and sell orders when predefined conditions are met, locking in profit potential regardless of direction. By opening counter-positions, the EA minimizes net market exposure and uses dynamic exit rules to close trades once a target profit or acceptable loss threshold is reached. Key components include:
-
Multi-Pair Capability: Trade up to five currency pairs simultaneously.
-
Adaptive Lot Sizing: Auto-adjust lots based on account balance or fixed manual lots.
-
News Filter: Prevent opening new hedge positions during high-impact economic releases.
-
Correlation Check: Avoid hedging correlated pairs that may negate the strategy’s effectiveness.
Key Features
-
Advanced Hedging Logic: Uses real-time price differentials to open opposing trades with minimal slippage.
-
Customizable Risk Controls: Set maximum drawdown limits, daily trade caps, and equity stop-outs.
-
Trailing Stop Mechanism: Once a hedge pair reaches a small profit, the EA trails both positions to lock in gains.
-
Time-Based Filters: Restrict trading to high-liquidity sessions (London/New York overlaps).
-
Visual Dashboard: See open hedge pairs, unrealized profit, and pending orders directly on your MT5 chart.
Hedging Strategy Explained
The core principle behind Hedging Boss V1.02 is market neutrality. By opening a sell and a buy on the same instrument when volatility spikes, it creates a neutral net position. The EA then:
-
Monitors Spread and Volatility: Initiates hedges only when spread < predefined maximum and Average True Range (ATR) > user threshold.
-
Sets Profit Targets: Uses a fixed-pips or ATR-based target to close one leg of the hedge for profit.
-
Applies Trailing Stops: Moves both stop-loss orders to breakeven once the first position closes, protecting against reversals.
-
Exits Fully: Closes the remaining position when either the second profit target is hit or a maximum drawdown limit is triggered.
This approach allows Hedging Boss to thrive in choppy markets where trend-following EAs may struggle.
Recommended Settings
-
Symbol: EURUSD, GBPUSD, USDJPY (others supported).
-
Timeframe: M15 or M30 for balanced frequency.
-
Initial Deposit: ≥ $1,000 for standard accounts, ≥ $10,000 (cent account) for micro-lot scaling.
-
Lot Sizing:
-
AutoLotSize = true (1 lot per $10,000 balance)
-
ManualLotSize = 0.1 (if preferred)
-
-
Profit Target: 20–30 pips (or 1.5 × ATR(14)).
-
Magic Number: Unique per currency pair (e.g., 10201 for EURUSD).
-
News Filter: Enabled with a 30-minute pre/post pause around high-impact events.
Adjust these parameters based on your risk tolerance and broker’s spreads. Always run a demo test before deploying on a live account.
Thanks for the visit …
For any query please feel free to contact us on our official telegram channel – Yoforex Premium –
