This is new EA , which is called BalanceHedge (It is free EA for Tanaka lover.)
Entry signal is RSI overbought and oversold.
Martingale order is placed as Hedge.
Hedge lot size is calculated based of BUY and SELL order profit.
If current buy order profit is more than sell order profit, then Hedge buy lot size is bigger.
You can select Hedge lot size Multiple.
DD should be higher, so you can limit Max lot size.
I think this EA may work in Cent account.
Longer time-frame is better.
Can anyone help to FT ??
EURUSD TF H1 default
USDJPY TF H1 default
I hope you can find the good parameter !
454 Downloads
lovely and God bless you
How is your FT result? Good?
Hi Tanaka,
EA opened an Hedge position of 0.04 while the initial position was 0.01
Multiplier was 1.3
do you know why?
Thanks
Olivier
Because if you lose buy order currently, then sell lot size is bigger.
It is auto calculation.
Hi Mr Tanaka,
I already tes this new EA.
And the result is good, but the DD is high. With 0.01 lot and the Hedge Lot 0.08 step 20 TF H1 Pair EU.
To Reduce the DD i think the Hedge strategy, can it have the option to turn hegde Off? so we can choose use only use the Martiangle without Hedge? in my test i also found error in this hedge strategy (See the attachment).
Thanks, can wait to get the rev version of this EA.
Donny
It is balance hedge.
Your buy order is totally losing now ,so your SELL order lot size is balanced. 0,8 lot bigger.
That is a reason.