To understand the strategy, lets assume;

Trend of EURUSD is UP
Initial Lot Size is 0.01
Grid Distance is 10 Pips
TP is 8 Pips
Martingale Multiplier is 2

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To understand the strategy, lets assume;

Trend of EURUSD is UP
Initial Lot Size is 0.01
Grid Distance is 10 Pips
TP is 8 Pips
Martingale Multiplier is 2

Martingale-Hedging-Grid (MHG) Description

The Martingale-Hedging-Grid (MHG) Robot will have 2 Engines.
Engine 1
Once EA is activated, Engine 1 will open two hedge trades at once (No entry criteria)
Whatever direction price will move, Engine 1 will keep opening 2 hedge trades at given distance. If trade is in
loss, EA will open martingale trade at given distance of 10 pips but if one trade is already in profit, EA will not
open 2nd trade unless first is closed.

TP will be always less than distance. So one out of two trades will always close at TP before reaching next
trade level. At next level, martingale trade will open for the remaining trade as per set multiplier.

All martingale trades initiated by Engine 1 will close once price will retract and TP will hit.

Engine 2

Engine 2 will activated as per set level of Hedge Level (8th level in this example)

Engine 2 will keep opening anti-martingale trades as per set distance until all opened trades by Engine 1 are
closed

Once trailing SL of hedge trade hit, and price again start moving up, Engine 2 will open HedgeReborn trade
10 pips above where Trailing SL was hit

Engine 1 will always keep placing 2 trades at every new level (one new, other martingale). Engine 2 will be
activated at given level and will stay active until martingale cycle of Engine 1 is closed.

Engine 2 will lock the entire account (completely hedge) once floating loss will cross a certain level

MHG EA Parameters
Lot Size
Grid Distance
Multiplier
Spread
Maximum Lot Size
Virtual Take Profit
Time Filter
Start Hour (Broker Time)
End Hour (Broker Time)
Engine 1 (Martingale)
TP (pips)
TP ($)
Magic Number Engine 1
Engine 2 (Hedge)
Martingale Hedge Level
Trailing SL (pips)
Trailing Step (pips)
Hedge Reborn (pips)
Account Locking ($)
Magic Number Engine 2
Info
Email
Hedge Level is 8
Trailing Stop is 7 pips
Hedge ReBorn Level is 10 pips

Explanation with Example (based on above given assumptions)

Engine 1 will work for martingale grid and Engine 2 will work for hedging

Engine 1 will open 2 trades, Buy 0.01, Sell 0.01

Engine 1 will keep opening 2 hedge trades once price will move 10 pips up or down.

At level one, Engine 1 will open 2 hedge trades [Buy 0.01, Sell 0.01]. Once price moved 10 pips up, Buy
trade will be closed at TP 8. At level 2, two more hedge trades will be open [Buy 0.01, Sell 0.02] Once price
moved 10 pips up, Buy trade will be closed at TP 8. At level 3, two more hedge trades will be open [Buy
0.01, Sell 0.04] and so on...

Once price will retrace enough, all martingale sell trades (0.01, 0.02, 0.04, 0.08, 0.16, 0.32 etc) will be
closed at once.

At level eight, Engine 1 will open 2 hedge trades [Buy 0.01, Sell 1.28]. Engine 2 will open anti-martingale
hedge trade [Buy 1.28] with trailing stop loss of 7 pips, trailing step 1 pip.
Let suppose, price keep moving up without retracing and without hitting Trailing SL of 7 pips. At level 9,
Engine 1 will open 2 hedge trades [Buy 0.01, Sell 2.56]. Engine 2 will open anti-martingale hedge trade [Buy
2.56]

Trailing SL of all anti-martingale hedge (AMH) trades hit and all buy trades (1.28 & 2.56) closed at Price level
XYZ. Once price will again start moving up, 10 pips above price level XYZ (where SL was hit), Engine 2 will
open again another AMH trade equal to all previously closed AMH trades [1.28+2.56 = 3.84]

Once all Sell martingale trades will be closed, Engine 2 will become inactive until another martinagle level 8
hit (as per given setting)

Once floating loss will cross set level , Engine 2 will open a trade which will equalize entire Buy and Sell
trades and EA will stop taking further trades until all transactions closed manually. For example maximum
set floating is 2500 $, total Sell lots are 26.2 and Buy lots are 21.6. Once floating loss will cross -2500 $, at
next grid level Engine 1 will not place regualr martingale trade rather Engine 2 will place hedge trade of Buy
4.6 lots [26.2 -21.6]. Locked position will be closed manually.

0.01
10
2 (Any value from 1 till 9 should be valid including decimals like 1.15 or 1.3)
2
5.12
True (TP levels will not be displayed in MT4)
0
0
24

8
100 (Whichever, Pip or Amount level will hit first, Engine 1 will close all Martingale Trades Only)
123

8
7
1
10
2500
456

eamt4forex@gmail.com
Pair EURUSD Starting Price 1.22120
Initital lot 0.01 Current Price 1.52120
Multiplier 1.5 Initial Deposit 3000
Pip Distance 20 Pips to Survive 300
TP 17 Max Lot Size 1.28
Spread 1.7

Engine 1 - Magic # 111 Engine 2 - Magic # 222

# Pips Type Price Lot Spread $ Sell Floating $ # Pips Type Price
1 0 Sell 1.22120 0.01 0.17 -30.17 Buy 0
2 20 Sell 1.22320 0.02 0.26 -44.96 Buy 0
3 40 Sell 1.22520 0.02 0.38 -66.98 Buy 0
4 60 Sell 1.22720 0.03 0.57 -99.80 Buy 0
5 80 Sell 1.22920 0.05 0.86 -148.69 Buy 0
6 100 Sell 1.23120 0.08 1.29 -221.51 Buy 0
7 120 Sell 1.23320 0.11 1.94 -329.99 Buy 0
8 140 Sell 1.23520 0.17 2.90 -491.56 Buy 0
9 160 Sell 1.23720 0.26 4.36 -732.22 Buy 0
10 180 Sell 1.23920 0.38 6.54 -1090.64 10 180 Buy 1.24120
11 200 Sell 1.24120 0.58 9.80 -1624.42 11 200 Buy 1.24320
12 220 Sell 1.24320 0.86 14.70 -2419.34 12 220 Buy 1.24520
13 240 Sell 1.24520 1.28 21.76 -3554.56 13 240 Buy 1.24720
14 260 Sell 1.24720 1.28 21.76 -3528.96 14 260 Buy 1.24920
15 280 Sell 1.24920 1.28 21.76 -3503.36 15 280 Buy 1.25120
16 300 Sell 1.25120 1.28 21.76 -3477.76 16 300 Buy 1.25320
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Trailing SL 7
Hedge Level 10
Hedge ReBorn Level

Lot Spread $ BuyFloating $ Net Floating $

0 - 0 -30.17
0 - 0 -75.13
0 - 0 -142.11
0 - 0 -241.91
0 - 0 -390.59
0 - 0 -612.10
0 - 0 -942.09
0 - 0 -1433.65
0 - 0 -2165.87
0.38 6.54 1069.88 -2186.63
0.58 9.80 1593.29 -2217.77
0.86 14.70 2372.63 -2264.48
1.28 21.76 3485.44 -2333.60
1.28 21.76 3459.84 -2402.72
1.28 21.76 3434.24 -2471.84
1.28 21.76 3408.64 -2540.96