Key Features of Smart Hedge EA

1. Automated Trading Tactics: Smart Hedge EA employs a unique combination of hedging and grid trading strategies. This approach allows for more structured and strategic trade placements, potentially increasing the chances of profitability.
2. Deposit Protection System: The system is designed with a high level of deposit protection. This feature is crucial in the unpredictable forex market, where sudden market shifts can lead to significant losses.
3. Grid Method: To avoid the risks associated with lot multiplication strategies like Martingale, Hedge Robot opens all additional orders with the same fixed lot size. This method offers a more stable and predictable trading environment.
4. Author’s Algorithm for Order Placement: If the market moves against an open order, Smart Hedge EA activates its proprietary algorithm to open additional orders, up to a maximum of ten for each instrument in the pair.
5. Selected Currency Pairs: The EA specializes in hedging on specific currency pairs like USDCAD/USDNOK and AUDUSD/USDNOK. This focus allows for a more tailored and effective trading strategy for these particular pairings.

Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how Hedge EA works, then only use it in a real account.

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)

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Conclusion

Hedge Robot combines hedging with a grid trading algorithm and avoiding the pitfalls of lot multiplication. Its focus on specific currency pairs and commitment to deposit protection make it an attractive option for traders looking to navigate the forex market’s volatility with a more structured and secure trading system. As with any trading strategy, traders need to understand the mechanisms and risks involved thoroughly and consider whether it aligns with their trading objectives and risk tolerance.