Introducing the Ultimate Hedging Expert Advisor for MT5

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We’re thrilled to announce the release of a game-changing Expert Advisor (EA) designed to make hedging and trade management seamless. This EA, built for MT5 with upcoming MT4 and Ctrader versions, takes the complexity out of hedging and actively manages trades to maximize your profitability while minimizing losses.

How It Works: Smart, Automated Hedging

Once added to a chart, the EA immediately tracks all trades related to the selected currency pair. Its main goal is to keep your account balanced by automatically hedging trades that are not offset, equalizing opposing trades up to a customizable capacity limit. This ensures that you always maintain a balanced position and minimize exposure.

When your trades reach a targeted pip/tick threshold, the EA goes to work, closing losing trades partially by using the profits from winning trades. For instance, if you’ve set a 40-pip profit target and specified to keep 10 pips, the EA will allocate the remaining 30 pips to cover losses on other trades. This way, it actively reduces your losses without impacting your winning positions’ bottom line.

Smart Rebalancing and Order Management

After managing any open losses, the EA checks the balance between the opposing trades and adds any necessary trades to ensure complete hedging. It also tracks the current price in relation to the entry stop level, dynamically trailing the market to adjust trades as needed based on your set spread or distance between orders.

This EA takes the hassle out of manually tracking and balancing trades, allowing you to focus on identifying entries and letting the EA handle the rest. Its automated management system closes winning trades while hedging the losing ones until you’re fully out of the market, freeing you from the tedious task of manual hedging.

Pricing

Stay Tuned for Our Next Post

We’ll soon be sharing a deeper look at the EA’s customizable settings and how you can fine-tune them to fit your trading style. This EA is designed for flexibility and ease of use, making it a must-have tool for traders looking to take their hedging and trade management to the next level.

If you're interested in collaborating or have any questions or concerns, feel free to reach out to me here: hey@smallstepfx.com.

Risk Disclaimer

Trading forex and other financial instruments on margin carries a high level of risk and may not be suitable for all investors due to the high degree of leverage which can work both for and against you. Before trading, consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading. Past performance is not indicative of future results. No representation is made that any account will achieve profits or losses similar to those discussed. Under CFTC RULE 4.41(b)(1) and NFA RULE 2-29, simulated results have certain limitations and do not represent actual trading. Gicharu Solutions does not guarantee the accuracy or completeness of information provided and is not liable for any losses or damages arising from its use, including those from potential software bugs, glitches, or malfunctions. You are responsible for your own investment decisions. By using smallstepfx.com website and softwares, you acknowledge and accept these risks and agree to hold Gicharu Solutions harmless for any financial outcomes or losses. The offer of our products is not directed to residents of Italy. Please ensure you read and understand our Terms and Conditions before using our services. This disclaimer serves to inform users of the potential financial risks involved in trading and is not intended to provide investment advice.