This setting determines how much positive $ value percentage of the hedge in comparison to the losing positions before bot takes profit.

For example, you set HedgingLevel to 5. HedgingClosePercentage is set to 2.

At this point of time, there are 5 losing martingales:

EURUSD BUY 0.01 -ve$1
EURUSD BUY 0.02 -ve$2
EURUSD BUY 0.03 -ve$3
EURUSD BUY 0.04 -ve$4
EURUSD BUY 0.05 -ve$5
EURUSD SELL 0.01 +ve$0.30

At this point of time, the hedge hits $0.30 which is 2% of the losing positions -ve$15. Bot will close the hedge and take the $0.30 profit. The remaining losing EURUSD BUY positions remains open.