Hedge Mini Calculator (Avg Long/Short + Alerts) with dca

Hedge Mini Calculator is a position-management indicator for traders who use long & short hedging.

It plots:

Long average price

Short average price

Optional hedge close level (+% above hedge average)

The indicator also provides alerts when price reaches the long or short average, helping you manage hedge exits and directional bias with precision.

Designed for risk control, not signals.

🔹 How to Use (Simple & Clear)
1. Enter Your Positions

In the indicator settings:

Add the dollar amount and entry price for each long leg

Add the dollar amount and entry price for each short leg

Set your leverage (default x4)

The indicator does not connect to your exchange.
All values are entered manually.

2. Read the Lines

Avg Long line → average entry of all long positions

Avg Short line → average entry of all short positions

Hedge Close line (optional) → price level where you may close shorts and stay long

3. Use Alerts

You can create alerts for:

Price reaching Avg Long

Price reaching Avg Short

Alerts trigger when the candle touches the average price (high–low range).

4. Manage the Hedge

Typical workflow:

Keep both long & short active while price is inside the range

When price moves favorably and reaches your target level:

Close the hedge leg (usually shorts)

Keep the directional position (longs)

5. PnL Awareness

The info table shows:

Estimated Long PnL

Estimated Short PnL

Net PnL (based on margin & leverage)

These values are approximations for decision support.

⚠️ Disclaimer

This indicator is not a trading signal.
It is a position management tool for hedging, scaling, and risk control.