Mastering the Two PerBar EA for MetaTrader 5: Your Guide to Hedge Trading

Mike 2018.12.19 04:19 26 0 0
Attachments

Meet the minds behind Two PerBar: Scriptor and barabashkakvn

Two PerBar is an innovative Expert Advisor tailored specifically for hedge accounts. This EA is designed to open both BUY and SELL positions simultaneously, maximizing your trading opportunities.

Key Inputs:

  • Lots: Defines the position volume when there are no active positions.
  • Lots Coefficient: Determines the ratio for increasing position sizes if there are already open trades.
  • Lots Max: Sets a cap on the maximum volume for your trades.
  • Take Profit (in points): Specifies the take profit target in points.
  • Magic Number: A unique identifier for the EA to distinguish its trades.

Understanding Points:

19 points

Every time a new bar forms, the EA will close existing positions and open new BUY and SELL trades at the same time. The strategy here is simple: within that bar, we anticipate that at least one of the positions will reach take profit, allowing for a potential trend reversal.

With Two PerBar, you can effectively navigate the complexities of hedge trading, all while putting the odds in your favor. Happy trading!

List
Comments 0