You may get Smart Hedge EA, a hedge robot, for free. Grid and hedge tactics are the basis of this robot’s operation. High volatility is a defining feature of the Forex market, offering traders both possibilities and challenges. Due to this volatility, traders are using hedging more and more as a tactical method to reduce losses and maximize gains. In the context of forex, hedging is similar to an insurance policy in that it protects investments from changes in the market.
This automated trading system offers a safe trading environment with improved deposit protection by combining grid trading and hedging algorithms. Hedge Robot adheres to a set lot size when opening new orders, in contrast to techniques that depend on lot multiplication (Martingale). The Grid approach is not as risk-free as Martingale, but it can still be dangerous.
Recommendations for this Hedge Robot
- Minimum account balance of 1000-1500USD,
- USDCAD/USDNOK 0.02 lots.
- AUDUSD/USDNOK 0.01 lots.
- This EA is a one-chart setup, so it only needs to be attached to one pair(preferably USDCAD). It will trade on all pairs described on the input parameter.
- Work Best on M1.
- MT4 cannot perform multi-currency backtests.
- This Hedge Robot should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)