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Old 06-12-2009, 06:37 AM
gwidijanto gwidijanto is offline
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Goblin with hedge

Hi,
anybody can help me adding some code for this EA (Goblin)?
I would like to add some kind of hedging to minimize a big loss due to nasty opposite movement.

Let me explain, pardon my poor English..

Suppose we are in EURUSD BUY condition, unfortunately the price goes down,
after MaxOrder reached and the price still goes down (agains our trade), then when next Pips (Distance in Pips from one order to another in Goblin) hit, EA will open new trade in GBPUSD SELL as an hedge (since EURUSD and GBPUSD is positive correlation).
It will be closed when the last order in EURUSD goes up and reached Zero profit condition, hopefully this time the price continue goes up until hitting SecureProfit, if not the sequence will be repeated.

Thankyou in advance for your help.

gw.
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