Hedger EA Overview The primary function of this EA is to hedge trades that are incurring losses. It monitors open trades and opens hedge trades when specific loss conditions are met, aiming to mitigate potential losses. The EA uses points or 4 to determine when a trade has reached a loss threshold and opens a corresponding hedge trade. It then manages these trades and close the hedge when the market returns to the entry point of the original trade. Detailed Functionality 1. Monitoring Trades: - The EA continuously monitors all open trades on a given chart. - For each trade, it calculates the current loss in points. 2. Hedging Criteria: - When a trade incurs a loss equal to or greater than a specified number of points (e.g., 100 points), the EA triggers a hedge. - The hedge trade is opened in the opposite direction of the losing trade with the same lot size. 3. Managing Hedge Trades: - The EA waits for the market to return to the entry price of the original trade. - When the market price reaches the entry point of the original trade, the EA closes the hedge trade. 4. Multiple Trades Management: - The EA can handle multiple trades simultaneously. - It applies the hedging criteria independently to each trade. 5. Constant Hedging: - The EA continues to apply the hedging process for any new trades that meet the loss criteria. - This process is repeated continuously as long as the EA is running. Example Workflow 1. Open Trade: - A buy trade is opened at 1.3000. 2. Monitoring and Hedging: - The market moves against the trade, and the price drops to 1.2900. - The EA detects a 100-point loss and opens a sell trade (hedge) at 1.2900. 3. Closing Hedge: - The market price moves back to 1.3000. - The EA closes the sell trade (hedge) when the price reaches 1.3000. 4. Continuing the Process: - The EA continues to monitor the original trade. - If the trade again incurs a 100-point loss, the EA repeats the hedging process. Main Goal • Hedge Trades • Hedge and manage multiple trades at the same time(up to 200 trades or more ) • If the trade is closed the hedge trade is closed automatically immediately • All open hedged trades have the same parameters on the same instrument