Comments for https://ctrader.com/products/1043
Comments for: https://ctrader.com/products/1043
- Mmike_fozard
Hi cGuru, what happens to the base position's stop loss when the hedge order is placed — is it cancelled, moved, or left in place?
When the Hedge order is placed on the market, nothing happens to the base position — it remains intact, as it never had a hard Stop Loss level assigned from the very beginning that would need to be canceled or moved. The entire risk management is handled virtually through the placement of pending orders and the global calculation of profits and losses for the entire cycle.
- MIn reply tosystem⬆:mike_fozard
Having success with the algo and have a question that's occured to me whilst optimising -Do WWS and BB filter new cycle entries after a reset, or only at session open? Thanks in advance.
Thank you for the kind words — glad to hear the algo is working well for you! To answer your question: WWS and BB (as well as RSI and Pivots) act as an entry filter continuously, on every tick, regardless of whether it's the session start or a moment after a cycle reset. There is no mechanism in the code that would distinguish between a "first session entry" and a "post-reset entry".
- CIn reply tosystem⬆:cGuru
Hello traders!
I have released SmartHedge Bot v1.2 focuses on maximizing reliability and precision by introducing enhanced position management with guaranteed closing and automatic account synchronization. This update ensures 100% accurate profit calculations by including swaps and commissions, while separating Buy and Sell cycles to optimize performance in ranging markets. Additionally, the improved Break-Even feature now locks in a small profit rather than just covering costs, all without requiring changes to your current settings.
- VIn reply tosystem⬆:VolatilityBotX
What timeframe do you recommend starting with and why?
Hi! Great question!
My recommendation: Start with H1 (1-hour) timeframe.
Here's why:
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Balanced Signal Quality H1 provides a good balance between signal frequency and reliability. Lower timeframes (M1, M5, M15) generate more signals but also more false entries due to market noise. Higher timeframes (H4, Daily) give stronger signals but you may wait days for a trade.
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Manageable Hedge Cycles SmartHedgePro's hedging mechanism works best when price has room to move and reverse within a reasonable time. On H1, hedge cycles typically resolve within hours to a day, rather than minutes (too fast) or weeks (too slow).
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Lower Spread Impact On higher timeframes, the spread cost becomes less significant relative to your profit targets. If you're targeting $10-20 profit, a 1-2 pip spread matters less on H1 moves than on M5 scalping.
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Easier Monitoring You don't need to watch the screen constantly. H1 gives you time to check the bot periodically without missing critical moments.
Reducing profit targets proportionally
Using tighter Stop Loss (pips)
Trading only during high-liquidity sessions
Start with H1 on a demo account, observe how the bot behaves through a few complete cycles, then adjust based on your preferences.Let me know if you have more questions!
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