Chronos v4.0

Primary Hedging System

S1
B1
S1
B1
B1
B1
B1
S1
S1

S1 [Lot Size]
TP1 hit, reopen B1
TP1 hit, reopen S1
B1 [Lot Size]
TP1 hit, reopen B1
TP1 hit, reopen B1
TP1 hit, reopen B1
TP1 hit, reopen S1
TP1 hit, reopen S1
When EA starts, open B1 and S1
If prices go up, wait for B1 to hit TP1, and reopen B1 again
If prices go down, wait until B1 hits TP1, S1 hits TP1 or B1/S1 Negative Gap reached

B1
S1

B1
S1
Once B1/S1 Negative Gap reached, wait for B2/S2 positive gap to open B2 or S2
B1/S1 Negative Gap reached

B1
S1
B1/S1 Negative Gap reached
S2
[Lot Size] x B2/S2 Multiplier
B2/S2 Positive
Gap

B1
S1
S2
B2/S2 Positive Gap
B2 [Lot Size] x [B2/S2 Multiplier]
B3/S3 Positive Gap
B3 [Lot Size] x [B3/S3 Multiplier]

TP2 reached, close all trades in the basket
B1
S1
S2
B2
B3

S1
B1
Reopen Basket

Modules

Modules
Stop Loss
Basket Reset
Control multiplier
Simultaneous Gap
Level Hedge

Stop Loss
B2 and S2 has the same SL, B3 and S3 has the same SL and so on
If B3 is stopped out, and prices go back to B3 entry point, enter B3 again. This happens for every level

Stop Loss
0.04
B1 0.01
B2 0.02
S2 0.02
B4 0.04
B3 0.03
TP2 = $10
Close all trades at TP2
S1 0.01

Basket Reset
Close the whole basket when a particular stop loss level is hit X times.
It does not matter if it was Buy or Sell that was hit,
Example: If B2/S2 Basket reset is 2, these will activate basket reset
B2, B2
B2 S2
S2 B2
S2 S2

S1 0.01
B1 0.01
S1 0.01
Basket Reset Example
B1 0.01
S2 0.01
S2 0.01
50
pips
Since S2 was hit 2 times, close all open trades.
Because Basket Reset Gap is 0, immediately enter B1 and S1

S1 0.01
Basket Reset Example #2
B1 0.01
S2 0.01
S2 0.01
50
pips
Since S2 was hit 2 times, close all open trades.
Because Basket Reset Gap is 50, enter B1 and S1 50 pips away from basket close
50
pips
S1 0.01
B1 0.01

Control Multiplier
Control is activated when B2/S2 stop loss is hit
Once Control is activated, multiply all new lot sizes by Control Multiplier and use Control TP

Control Multiplier
B1 0.01
B2 0.02 x 2 = 0.04
S2 0.02
B4 0.04 x 2 = 0.08
B3 0.03 x 2 = 0.06
TP2 $10 x 2 = $20
S1 0.01

Simultaneous Trading
We should be able to run multiple baskets, X pips away from each other.
Basket 1 should be open once EA starts
Basket 2 will start X pips from Start of Basket 1
Basket 3 will start X pips from Start of Basket 2 etc
Maximum of 5 baskets running concurrently, all using the same settings and managing trades the same way

Basket 1 S1
Basket 1 B1
Simultaneous Gap
Basket 1 S1
Basket 1 S1 hit TP1, reopen
*For new basket start explanation, we will ignore trades above B2/S2

Basket 2 S1
Basket 2 B1
Basket 1 S1
Basket 1 B1
Simultaneous Gap
50
pips
*For new basket start explanation, we will ignore trades above B2/S2

Basket 2 S1
Basket 2 B1
Basket 1 S1
Basket 1 B1
Simultaneous Gap
50
pips
Basket 2 S1
*For new basket start explanation, we will ignore trades above B2/S2
50
pips
Basket 3 S1
Basket 3 B1

Level Hedge
Level Hedge works similar to a Stop loss but instead of closing the trade, we open an opposing trade when Level Hedge Gap is reached.
Each level hedge will have its own multiplier, level hedge gap and stop loss

Level Hedge is activated only when B1/S1 Negative Gap is reached
Level Hedge
B1 0.01
S1 0.01
B1/S1 Negative Gap
reached

When B1/S1 Level Hedge Gap reached, enter -S1
Level Hedge
B1 0.01
S1 0.01
-S1 0.01
B1/S1 Level Hedge Gap
reached
B1/S1 Negative Gap
reached

Level Hedge
B1 0.01
S1 0.01
-S1 0.01
Close the whole basket if TP2 is reached
TP2
B1/S1 Negative Gap
reached

Level Hedge
B1 0.01
S1 0.01
-S1 0.01
Negative Gap
reached
However if prices don’t go up, but fall back to S1 level, enter S1 again (because Multi Level Hedge is TRUE)
S1 0.01

Level Hedge SL
B1 0.01
S1 0.01
-S1 0.01
Negative Gap
reached
When B1/S1 Level Hedge SL reached, close -S1
B1/S1 Level Hedge SL
reached
S1 0.01

B2 0.01
S2 0.01
S1 0.01
Level Hedge Example #2
B1 0.01
- S2 0.01
S2 0.01
- S2 0.01
-B2 0.01
B2 0.01
-S1 0.01