The Hedging System Metatrader 4 Forex Robot is an automated trading robot that makes use of a hedging technique during opening/closing of positions in the currency market.
Basically, the Hedging System trading robot buys and sell currency pairs in a manner that shows that the investor is truly bothered about safeguarding his/her trading equity from being blown up.
In addition, the EA has an inbuilt logic that scans for a counter trend reversal and enters the market on the trader’s behalf immediately afterwards.
The expert advisor offers customizable lot size management which is a unique way to control risk when auto trading.
We strongly advice to test your settings by playing around with the inputs variable values and run on a demo account on your selected broker before going live.
Strategy Tester Report
Find below the Hedging System forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
The EA made a total profit of $1723.42 from a total of 569 trades. The largest winning trade generated $236.86 in profits, while the largest losing trade generated a loss of-$87.58.
Bars in test: 1587 ticks modelled
Initial deposit: $10000.00
Total net profit: $1723. 42
Total trades: 569
Largest profit trade: $236.86
Largest loss trade: -$87.58
Consecutive wins: 1
Consecutive losses: 3
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: Lots size, MaximumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, TakeProfit
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the HEDG SYSTEM.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)