Hedging EA and/or Trade Manager

[greglegrande]

Found this hedging strategy over at Steve and Bob's old hang out (forex factory). I have used it manually with an incredible amount of success. I think a trade manager written exclusively for it would be ideal for making small but consistent pips on a daily basis.

The idea is that you enter a trade based on whatever strategy you want but then use the hedging strategy to manage the trade. The latter is what I am hoping can be coded. So long as your chosen currency doesn't stay in the same 60 pip range for several days then you should be okay.

Take a look at it and perhaps there is already a trade manager you know of that will do the same thing. If not then maybe it can be coded as an EA or script.