About Magik Hedge EA3
Magik Hedge EA3 is a new design and developed hedging strategy EA with unlimited strategies for each traders liking. Thanks to unlimited settings each trader will be able to set up exactly how they prefer their own trading strategy.
Entry Strategy
Magik Hedge EA3 uses a standard Moving averages to enter the markets at any given time. The EA also have settings for Monday entry time, week entry time, week stop trading time and Friday stop trading time. Making the EA fully customizable for trading at certain times giving the traders entry strategy the access of trading at certain times as required. Forex Magik Hedge EA3 comes with a year use licence. When licence expires it can be renewed on the website of purchase.
Exit Strategy
Magik Hedge EA3 comes with 2 exit strategies. First exit strategy is to set a take profit for all orders closing all orders when profit target has been reached. Second exit strategy is to set a break even if trader does not want to risk high volume trading. The break even has a true/false setting switching the break even on or off. Break even settings comes with number of open orders required to activate break even, and the amount of profit set for the break even strategy. Combining take profit and break even makes it easy for any trader to control trading volume and risk.
Entry Filters
Simple Moving Averages and Time settings within Magik Hedge EA3.
Position Management
Magik Hedge EA comes with Trailing stop settings, take profit settings and break even settings.
Extra features
Magik Hedge EA3 comes with numerous extra features.
Reverse Signal - Used as entry strategy opposite to standard moving averages.
Reverse Stop Orders - Changing stop orders to limit orders.
Trail Stop Freeze - Trail stop order or limit order on first trade .
Basket Profit Trailing - When to start trailing stop order or limit order after x amount of profit has been reached.
Basket Profit Stop Trailing - When to stop trailing stop order or limit order after x amount of profit has been reached.
Trailing Distance - Distance of stop or limit order start.
Trailing Step - Steps taken in pips of stop or limit orders trailing market price.
Add Lots - Adding lot size as required.
Multiply Lots - Multiplying lot size as required.
Manual Lots - If required trader can add manual lot sizes to trading session of EA.
Wait Minutes - Pause of X amount of minutes of EA trading after take profit or break even have closed all orders in profit.
Show Info On Chart - A display of all orders, magic number, equity, profit of EA on chart.
Sub Profit - This feature is advised for traders working with Limit orders closing and trailing orders.
Expert Advisor Licence - Lifetime Activation.
