- May 6, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex Hedging Strategy EA Review
This is a EURUSD-only strategy. The Forex Hedging Strategy EA MT5 validates the Buy/Sell zone by utilizing H8 as the main time frame.
Expert Advisor for the Hedging Zone Area For MT4 is a sort of martingale trading strategy created specifically for the MetaTrader4 platform. Unlike previous grid-based martingale systems, this expert adviser specifies a price range called the hedging zone, where prices can vary before more trades are made, Then just look for BUY orders in the buy zone and SELL orders in the Sell zone..When the price closes outside of this zone, a larger lot size trade is taken in the direction of the breakout, anticipating the breakout to continue and closing all transactions in profit.
|Money management||At least 300 currency units|
Best Brokers List
The Forex Hedging Strategy EA MT5 works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|Register||2008||Cyprus||1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|Register||2006||Dublin, Ireland||1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
|Register||2008||Port Vila||1: 1000||$10||VFSC|
Setting Of Forex Hedging Strategy EA MT5
The Recovery Zone of the Hedging Zone Before making a deal, the Expert Advisor performs minimal checks. If the number of candles on the chart is larger than 100, it first counts them and checks whether automatic trading is enabled in the client terminal. The robot exits the start function and returns the command to the terminal if either of these two conditions is false. Otherwise, the trading algorithm will count open market trades by looping through the orders in the trade pool. If there are none, a trade will be made immediately.
Inputs have a number of variables that the user must understand and configure correctly in order for the trading system to function properly.
Backtest Forex Hedging Strategy EA
The back tester produced positive outcomes when the trading system was run. Over the course of five months of testing with historical price data, very few transactions were made, yet the equity line rose steadily with a few hiccups along the way. Overall, the robot appears to be a viable trading tool.
Before anyone gets too enthusiastic, keep in mind that using a martingale system has a significant amount of risk.
Live Result Forex Hedging Strategy EA
Trading a range market is risky for this trading method. Because the traded symbol was primarily trending throughout testing, a favorable result was achieved. If the market continues to swing up and down without a clear direction, the robot may open too many transactions for the trading account to manage.
As a result, more testing with various trading instruments is required, with a focus on the market situation being traded.
While this test result may thrill consumers, everyone should be reminded that all trading methods, especially martingale-based techniques, include risk. In this scenario, however, the martingale approach differs from regular martingale methods, which often use price grids or levels. However, there is one market circumstance in which this robot may fail: a range market. As a result, the user needs to conduct further testing to evaluate how this robot works in such circumstances.
Download Forex Hedging Strategy EA :
We highly recommend trying Forex Hedging Strategy EA MT5 for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.