New EA Shuhan Hedge EA X-2 (Inspired by XMT) Worldwideinvest

Hi this isn't my EA and all credit goes to heshuhan from WorldWideInvest forum.

This EA is inspired by combining both the counter-trend and trend-following features of XMT-Scalper courtesy of Master Capella into one.

The EA does not require any indicator.

The logic is primarily placing pending orders in a certain pip gap away from current bid price. It can use pending stops for breakouts, or pending limits for counter-trend, or both can be turned on at the same time.

It has OCO features to focus trading on one direction only, and has many other interesting features pertaining to risk and money management.

Feel free to backtest and suggest improvements. You can try the SET file which is attached, or you may try optimising using your personal parameters found.

The EA does not have expiry date. You can use it freely. The EA must be run using very tight spreads or low commission in a fast trading environment for it to work.

Attach it to M1 charts only. Kindly change the .TXT file to .SET extension. I cannot upload the SET file due to restriction in the uploading system.

Try on EU, GU and UJ m1 time frame. I haven't tested it, but the creator was saying he was having some excellent success with it.

I have been using XMT Scalper for some time, which isn't that successful, but I'll often increase the TP when it makes a good trade and let it run, so this might have potential.

 

Your set all it does in backtest, is to open and delete positions. Nothing more

 

Something tells me that this is gonna be a complete waste of time.

 

Anyone has found a good setup, to start with?
So far all the variations i have tried, are useless.....

 

I'll try to find good setup

 

Still nothing here. I only get bad results...

 

Yeh maybe not a good EA from the post on the other forum I thought it had potential, but maybe not after 3 days it never opened a trade and just hundreds of pending trades, sorry thought it was worth a look

 

ane udah nyoba.....ane kira jelek EA nya

 

thanks for your share JJ !!! and lets not forget wwwinvest and Master Capella !! Rocks in fOREX

 

Beberapa memberikan pernyataan yang kurang bagus buat ea ini
mungkin memang begitu atau perlu waktu dan kondisi yang sesuai dengan system ea yang tersemat didalamnya

 

thanks

 

Guys I used this ea and it USELESS. Always losing with it

 

Wasting time

 

If you will find the right settings it will be cool

 

This is my review for this thread:
Shit!

 

Good EA for Hedging, thanks for sharing. Stay blessed