Hedge Scalper EA Input Parameters Explained
Watch video on youtube for detailed explaination with illustrations.
▶ Watch on Youtube1. Initial & License Settings
EA MADE BY / EA Requirements
These are Read-Only mode parameters. They have nothing to do with the strategy. No matter what value you select here, it will not affect your trading results.
User License Key
This is a critical string value (password type) that you received via email after placing your order on our website. The EA will not function without this key.
2. Strategic Choice
Float with Trend
When selected, the EA changes the strategy continuously (up/down) every time the trend changes.
Stick to Trend
The EA sticks to one trend and does not change frequently. It ignores minor changes and only switches when a major new trend is confirmed.
Smart Trading RECOMMENDED
This is the recommended method. The EA automatically switches between “Float” and “Stick” modes based on market conditions.
3. Money Management (Lots Mode)
Fixed Lots
Trades all orders with the exact “Starting Lots” value (e.g., if set to 0.01, every trade is 0.01).
According to Account Balance
The lot size acts as a unit per $1,000. If Starting Lots is 0.01, it trades 0.01 for $1k balance, 0.02 for $2k, 0.03 for $3k. If set to 0.02, it trades 0.04 for $2k balance, etc.
Add Lots RECOMMENDED
This uses the Lot Exponent. If the exponent is 6 and starting lot is 0.01, it trades the first 6 orders at 0.01, then orders 6-12 at 0.02, then 12-18 at 0.03. This repeats the lot size for the number of times set in the exponent.
Multiplying Lots NOT RECOMMENDED
This acts as a Martingale system. It multiplies the last lot size (e.g., x1.3 or x1.5). While users requested this, we are totally against it and advise you to avoid it.
Min / Max Lots (Overriding)
These are safety limits. If the calculation suggests 0.01 but Min Lots is 0.02, the EA trades 0.02. If the calculation suggests 0.2 but Max Lots is 0.1, the EA restricts it to 0.1.
4. Trade Opening Options
Pip Step (Fixed / Auto)
- Fixed: Keeps a constant distance (e.g., 20 pips) between all trades.
- Auto Short: Sets pip step around 10-20 based on low volatility.
- Auto Normal: Recommended setting. Usually stays between 18 to 30 pips.
- Auto Long: Used for high volatility (hourly moves of 60+ pips), using 30-35 pip distances.
Time Difference Between Trades
Prevents “order stacking” during price jumps or news. Even if the pips are reached, the EA will wait ~50 minutes before opening the next trade in the same pair.
5. Trade Closing Settings
Single Trade Take Profit
If True, any individual trade that becomes profitable by the pip step amount (e.g., 20 pips) will close early instead of waiting for the full target.
Trades Target System
Each trade has its own target. If set to $50, once that specific trade hits $50, it exits while others remain open. Faster closing (lower value) equals less net profit; slower closing (higher value) equals more profit.
Max Orders (Total & One-Sided)
If total orders hit maximum limit, the EA is going to stop trading further and will wait for the previous orders to be closed first.One-Sided Max is limitation for one sided orders and restrict new opening orders for either buys or sells, whichever hits the highest limit.
6. Special Features & Recovery
Early Bypass System
Ignores news and trend filters for the first few trades (set by Bypass Limit Counts). For example, if set to 10, the first 10 orders bypass all filters to ensure the EA stays active.
Percent of Profit to Reserve 80% RECOMMENDED
Uses profit from winning trades to close losing trades. If you make $10 profit and have it set to 80%, $8 goes toward closing losers and $2 is kept as net profit. We recommend 50% to 80%.
Smart Drawdown Control
- Strict: Closes losers very fast (Low Profit).
- Normal: Balanced profit and drawdown (Recommended).
- Relaxed: Focuses on profit, cares less about drawdown.
7. Hedging & Market Predictions
Hedging In Pair
Limits the gap between Buy and Sell orders in one pair. If the difference is > 6 or 8, the EA restricts the higher side but continues trading the other side.
Hedging With Other Pairs
If one pair faces high drawdown, the EA decides automatically which other pair (e.g., EURUSD, GBPUSD, or USDJPY) to use as a hedge based on the average of all trading pairs.
Avoid Economic News
The EA predicts news based on market momentum and timing. It does not use external links. We recommend avoiding High Impact news.
Trend Filter Mode
“Avoid only bigger change in trend” is recommended. This keeps the EA trading through minor noise but pauses it during major reversals.
8. Account Equity Protection
Dead Stop System
Your safety net. Option 1: Stop opening new trades but manage current ones. Option 2: Stop everything and close all active trades immediately.
Equity Level To Stop
If you have $5,000 and want to save $4,000 at all costs, set this to 4000. If your equity hits this level, the EA stops completely to prevent unwanted losses.
