Introducing the Ultimate Expert Advisor for MT5 – Take Control of Your Hedging with Ease!

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We’re excited to introduce a powerful new tool for traders who want effortless and efficient trade management. This Expert Advisor (EA) is designed to simplify hedging by automatically managing trade closures, position rebalancing, and profit allocation according to your unique settings. While this EA is initially available for MT5, an MT4 version is coming soon to give even more traders access to its full suite of features.

This EA is not a trading strategy but a risk management tool, built to track, hedge, and manage trades seamlessly. Let’s dive into the key benefits and settings, and see how this EA can transform your approach to trade management.

Key Benefits of the EA

  • Effortless Hedging: Automatically manages positions to maintain balanced trades, so you can focus on finding the right entries.
  • Customizable Profit Allocation: Allows you to use profits from winning trades to cover losses, ensuring your account is managed effectively.
  • Precise Position Control: You control tick-based parameters, spread, capacity, and risk – no need to manually calculate trade volumes.
  • Seamless Trade Closure: Sets automatic thresholds to close positions, minimizing losses and optimizing your profitable trades.
  • User-Friendly Settings: This EA is designed for flexibility, allowing you to fine-tune parameters to fit your trading strategy.

Licensing Options

The EA is available as a one-time purchase, with all future updates included for free. When you buy a license, you also get:

  • 7-Day Money-Back Guarantee: Test the EA with peace of mind. If you request a refund, your license will be deactivated.
  • Two Account Usage: Each license is valid for up to two accounts. To change accounts, you can visit this page to reset your connections.

Comprehensive Settings Guide

The EA offers a wide range of customizable settings that allow you to tailor the tool exactly to your needs. Below is an outline of the most important options:

1. Profit and Spread Settings

  • Keep Ticks: Set the number of ticks to keep as profits from a winning trade.
  • Target Ticks: Define the number of ticks where profitable trades should close.
  • Spread Ticks: Specify the point at which your trade should be hedged, similar to a stop-loss distance.
  • Spread Mode: Choose between Fixed or SL-Based modes. Fixed mode keeps your spread ticks constant, while SL-Based mode uses the trade’s stop loss to dynamically adjust the spread ticks.
  • Min Spread & Max Spread: When in SL-Based mode, these options define minimum and maximum ticks for the spread, even if based on changing stop losses.

2. Volume and Capacity Management

  • Volume Mode: Set either % Risk (based on balance or equity) or Fixed Lot Size. In % Risk mode, the capacity is calculated according to the spread ticks and percentage risk, offering precise control.
  • Capacity Mode: Choose between Fixed or Dynamic capacity modes. Fixed mode maintains a constant capacity, while Dynamic mode adjusts the capacity based on percentage risk.
  • Min & Max Capacity: In Dynamic mode, these settings control the minimum and maximum lot sizes, ensuring your trade volume remains within safe boundaries.
  • Min Trim Volume: Sets the minimum amount to close when reducing a losing position using profits. Profits that don’t meet this threshold are reserved for future trade trimming.

3. Profit Allocation and Filtering

  • Free Trades’ Apply Profits: Choose whether profits from unhedged trades should be reserved for future trade trimming or credited directly to your balance.
  • Filter by Magic: Toggle between filtered and unfiltered mode, allowing the EA to manage trades with a specific magic number if you want to track certain trades only.
  • Filter Magic: Define the magic number that the EA should use for filtered trades.

Note: The EA is designed to manage only trades on the symbol of the attached chart. A separate chart must be opened for each currency pair.

Important Notes

  • Account Requirements: Your account must allow hedging for the EA to work effectively.
  • Strategy Tester Compatibility: The EA is for trade management only and doesn’t place trades by itself. Therefore, it won’t perform in the strategy tester unless active trades need management.
  • Account Reset Option: Each license allows usage on two accounts. If you need to reset your account connections, you can visit this page.

With this EA, managing trades becomes simple, efficient, and fully automated. Say goodbye to the constant monitoring and manual calculations—this tool has you covered.

For a full breakdown of each setting and how to optimize your EA, check out the detailed settings guide here.