ArtofHedge
Hedging with a minimum value of the lot (lot exponent). Advisor is well suited in situations where the direction of the trend is difficult to determine.
Effective solution for trading on important news.
Default settings
- MagicNumber = 3377 - for the delimitation and classification of each character.
- FirstLot = 0.10 - recommend that you use a minimum lot according to your broker restrictions.
- LotExponent = 1.44 - Lot multiplier applies after the execution of the first order.
- HedgeTakeProfit = 5 - take profit for the first order.
- LockPips = 5 - level bezubytka in pips.
- SecondGrid = 13 - pips between first and second orders.
- GridStep = 13 - pips between the second and the following orders.
- Max_Level = 16 - the maximum level.
Filtering indicator (Indicator Filtering)
- RsiPeriod = 14
- Upper = 65
- Lower = 35
- BbPeriod = 20
- BbDeviation = 2.0
Recommended timeframe - H1, but you can try other periods.
Logic indicator: opens a warrant when the RSI crosses the 65/35 levels and volatility increased.
The temporal filter (Time Filtering)
- Start_Hour_AM = 0
- End_Hour_AM = 1
- Start_Hour_PM = 12
- End_Hour_PM = 13
You can trade the time. Setup uses the local time broker.
My recommendations:
- Trade no more than one to two hours a day. Choose times when the market is particularly volatile.
- A good moment is also important news or some time before they appear.
Video
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