The Royal Hedge Fund EA for Metatrader 4 is a high frequency scalper optimized to run on the 5-minute trading charts.
The expert advisor takes advantage of the New York trading session and uses market volatility and some powerful indicators to trade Forex automatically.
By default, all buy/sell trades are protected by a stop loss and take profit order.
You can choose between fixed lots and auto lots. The robot does not use dangerous trading methods (martingale, grid).
During our 1-week test, the expert advisor made 6.25% positive return on account.
As always, please try the EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
The picture below shows the Royal Hedge Fund EA attached to U.S. Dollar / Japanese Yen 1-hour chart.
Recommendations & Specifications
- Optimized for the EUR/USD, US100 and DAX
- Should work for any currency pair
- Optimized for the 5-minute chart
- Should work on any time frame
- Minimum account balance: $200
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic number, time setting, start trading hour, end trading hour, money management, stop loss, fixed lots, order distance, maximum spread limit
Download This Expert Advisor
How to install and run the Royal Hedge Fund EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Project Engineer EA.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Royal Hedge Fund EA!