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DCA Hedge EA V7.67 MT5 (Works on Build 1420+) | Forex Robot | MT5 Expert Advisor

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The DCA Hedge EA V7.67 MT5 is a robust expert advisor tailored for MetaTrader 5, combining Dollar-Cost Averaging with hedging techniques to optimize trading outcomes. It is best utilized on the EUR/USD pair with a minimum deposit of $500 and operates most effectively on the H1 time frame. This EA strategically manages trades by placing additional orders at intervals and employing hedging to mitigate risks, ensuring a balanced and profitable trading experience.

Key Features

  • Minimum Deposit: $1000
  • Time Frame: H1 (1 Hour)
  • Currency Pair: EURUSD

Strategy Overview

The DCA Hedge EA V7.67 MT5 employs a sophisticated hedging strategy to maximize your trading potential. Here’s how it works:

  • Initial Trade: The EA opens a position in the trend direction identified via Moving Average (MA) cross.
  • Hedging Mechanism: A Sell Pending Stop order is placed a few milliseconds after the initial Buy order, with a selected lot multiplier and distance.
  • Take Profit (TP) and Stop Loss (SL): The TP and SL are reversed for both orders. If the first TP of the Buy is not reached and the price goes down, the Sell Stop becomes active.
  • Sequential Orders: If the Sell TP is not reached, a Buy Stop Pending order is placed over the original Buy entry. This ensures that wherever the market moves, you hit SL and TP simultaneously, with TPs always being larger than SLs.

Input Settings

  • Autotrade: Enabled by default. The EA opens positions automatically but can be supervised manually.
  • Initial Lotsize: 0.01 (recommended for low start lot to allow larger pending orders).
  • SL: Should be at least double the value of TP and Distance.

Recommendations

  • Account Type: ECN or Raw with very low spreads.
  • Brokers: IC Markets with ECN or Raw accounts for the lowest spreads.
  • Important: Use LOW SPREAD accounts for the best results!

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

  • Experts: DCA Hedge EA MT5.ex5

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Disclaimer:

The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an 'as is' basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.


You will get a RAR (191KB) file