Description

The Expert Advisor uses a Hedging strategy. Bollinger Bands and Money Flow Index are used as support. In this demo version you can use only 0.01 microlots and EURUSD currency pair.

Parameters

Global settings

• Fixed_Lot:  For values greater than 0 a fixed starting Lot is used, otherwise for value equal to 0 1% Risk Management is used.
• Max_Spread: The maximum permissible value of Spread in points.
• Max_Slippage: The maximum permissible value of Slippage in points.

Hedging

• Hedge_PointProfit: Distance in points for new open orders.
• Hedge_Max: The maximum permissible value of Hedging (min value = 1).

Bollinger Bands

• BB_AveragingPeriod: Number of periods for the Bollinger Bands.
• BB_StandardDeviations: Standard Deviation of the Bollinger Bands.
• pb_ThresholdB: Threshold %b for Buy direction (double value from 0.0 to 1.0).
• pb_ThresholdS: Threshold %b for Sell direction (double value from 0.0 to 1.0).

Money Flow Index

• MFI_AveragingPeriod: Number of periods for the MFI.
• MFI_ThresholdB: Threshold of MFI for Buy direction (integer value from 0 to 100).
• MFI_ThresholdS: Threshold of MFI for Sell direction (integer value from 0 to 100).

BackTest

In the comment section, you can find the Backtest for EURUSD Pair on over 15 years of data and a starting capital of only 100 USD.

For Buyers

Unlimited access for future release. The price will rise once it reaches 10 users. Backtest for other currency pairs will be available on request and the results will be sent by E-mail.

Expert Advisor Signal

You can monitor the Catch the Hedge performance here: https://www.mql5.com/en/signals/83990.