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.
Download the “HEDG SYSTEM.mq4” MT4 robot
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
Download the “HEDG SYSTEM.ex4” Metatrader 4 robot
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)