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🕹️ Hedge Warrior V1 User Guide

Key Inputs & What They Do

How the EA Works

  1. Signal Phase: The EA checks for a valid trading signal using your selected filters, and only within the allowed trading hours.
  2. Entry Phase: Once a signal is found, the EA splits your initial lot into multiple trades and opens them at the market.
  3. Chart Lines
    • Blue: Shows the buy entry price, or the line at which the EA will place a hedge trade and flip your net position from short to long.
    • Red: Shows the sell entry price, or the line at which the EA will place a hedge trade and flip your net position from long to short.
    • Green: The maximum take-profit line. When price hits this line, the EA closes the entire cycle and takes profit.
    • Yellow: The breakeven price for a net long position. This is just an indicative line—positions are not closed at this level; it serves as a visual reference for breakeven if you are net long.
    • Orange: The breakeven price for a net short position. This is also only indicative—positions are not closed at this level; it is a reference for net short breakeven.
    • Violet: The breakeven line (yellow or orange) turns violet when price has moved by the set trailing percentage in your favor. This indicates trailing has started, and the trailing logic is now active. The violet line is still your breakeven, but now being watched for trailing stop logic. Violet means: trailing is now monitoring your position, but profit is not realized until the trailing stop (aqua) is hit. The trailing stop (aqua) will now appear and track price for exit.
    • Aqua: The dynamic trailing stop line. This line appears when trailing is active. It follows the price as your trades move into profit, according to the trailing distance you set. If price pulls back to this line, all trades are closed and your unrealized profit becomes realized at that moment. Trailing stops never move backward, only lock in more as price improves.
  4. Hedging: If price hits a hedge line (blue or red), the EA automatically opens an opposite trade to hedge and recover from adverse market moves, flipping your net position if needed. If price oscillates back and forth, new hedges will continue to be placed at each new adverse move, always working to minimize loss and seek a profitable exit. The lot size and position increase with each hedge, and your total exposure and equity drawdown can grow quickly if price continues to move against you and multiple hedges are triggered. The hedge size and behavior depend on the EA's outer distance and internal logic.
  5. Closing: Positions can be closed in several ways, in this order of priority:
    1. Split take profits (TPs) are hit individually and scale out your position, until the next hedge is triggered;
    2. The trailing stop (aqua) is hit, locking in profit;
    3. The maximum take profit (green) line is hit, closing all remaining trades together;
    4. You use the KILL ALL function for an emergency exit.
  6. Pause/Resume: You can pause the EA to prevent opening new trades. Existing positions stay open and hedging dynamics work as usual. When all open trades are closed, no further cycles will be started until you resume.
  7. Expiry: EA expiry date and time. If the expiry date is reached, no new cycles will start (based on the EA's internal expiry timer), but ongoing trades will be managed to completion.

Dashboard Explained

Label / Control What it Shows Color Coding
Net Long / Net Short Your current net position and size Yellow for net long
Orange for net short
BE (Breakeven) Price at which all trades breakeven Yellow (net long)
Orange (net short)
Violet when trailing stop logic is active
TRAIL Status and value of trailing stop Aqua when active
White when inactive
Stoch K/D Stochastic indicator values Lime Green if K > D
Red if K < D
White otherwise
K-D Diff Separation between Stoch K and D Lime Green if above minimum spread
Red otherwise
Stoch Territory Overbought/Oversold/Neutral state Lime Green for "Oversold"
Red for "Overbought"
White for "Neutral"
ATR% Volatility as % of price Lime Green if within allowed range
Red otherwise
ADX Trend strength Lime Green if above threshold
Red otherwise
Squeeze Market squeeze/burst signals Red when Squeeze active
Lime Green when Burst active
Silver otherwise
CCI Commodity Channel Index Red if overbought
Lime Green if oversold
White otherwise
Expiry EA expiry date and time. Lime Green if not expired
Red if expired
PAUSE EA trading status (active/paused) Lime Green when active
Orange Red when paused
KILL ALL Button Instantly closes all trades and cancels pending orders (emergency stop). Red background, white text
PAUSE/RESUME Button Stops/starts new cycles (open cycles still managed). Lime Green background, white text when active
Orange Red background, white text when paused