Renko Super Trend Hedging EA (MT4)

Overview

An MT4 Expert Advisor (“STEMA EA”) that trades Renko-chart signals filtered by a Super Trend/EMA indicator, running on gold (XAUUSD). Rather than a simple stop-loss/take-profit setup, the EA manages a hedge basket — opening offsetting positions and tracking combined basket P&L against a target, with automatic hedge-level escalation if price moves against the initial position.

Key Features

• Signal source: custom Super Trend/EMA indicator (STEMA) on Renko bars
• Live on-chart panel showing balance, equity, day P&L, profit/loss limits, and basket status
• Basket hedge management — tracks total lot size, combined basket P&L, and next hedge level/lot size
• Configurable hedge cycle count and touch-based re-entry logic
• Toggleable touch-exit and hedge-entry behaviour for different market conditions

Delivery Includes

• Compiled EA (.ex4) — full MQL4 source code available on request after full payment
• Input parameter documentation
• Installation and configuration guide
• 10-day post-delivery support