HedgeMaster FX Pro MT4 – Free Download

Introduction

The HedgeMaster FX Pro Tool is an automated trading system designed to execute trades on currency pairs using a hedging strategy. This expert advisor (EA) focuses on opening both buy and sell positions simultaneously, with a target of 20 points per trade. It also includes additional cooling trades with different lot sizes, aiming to optimize profit potential. In this review, we will analyze the tool’s features, functionality, advantages, and disadvantages.

Technical Specifications

Version: 2
Year of issue: 2025
Working pairs: Any 
Recommended timeframe: M5
Minimum Deposit: $500
Average of account: 1:30 To 1:1000

Best Brokers List

HedgeMaster FX Pro System works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

HedgeMaster FX Pro Settings

Trading Strategy

The EA follows a hedging strategy where it opens two opposing trades (buy and sell) with the objective of capturing a profit of 20 points per trade. In addition, it employs cooling trades, adjusting lot sizes for additional entries to maximize potential profits. Each trade type is set to close at a predefined profit level.

Parameter Settings

Manual and Automated Lot Sizing

• Lot1: Defines the manual lot size.
• Auto_Lot: If set to "true," the EA automatically calculates the optimal lot size based on risk preferences.

Risk Management

• Max_Risk: Specifies the maximum risk as a percentage of equity. A higher percentage increases the lot size when auto lot sizing is enabled.
• Max_SPREAD: The EA will not open trades if the spread exceeds this predefined threshold, helping to avoid trading during volatile market conditions.

Profit and Execution Timing

• Take_Profit: Sets the take-profit level in points.
• Start_Time & End_Time: Determines the trading window in GMT.

Unique Trade Identification

• Magic_Number: Assigns a unique identifier to distinguish EA trades from manually executed trades or other EAs operating on the same account.

Advantages of HedgeMaster FX Pro

• Risk Mitigation through Hedging: The strategy allows for minimizing exposure to market fluctuations by opening opposite trades.
• Automated Trading Execution: Reduces human errors and emotional decision-making in trading.
• Adjustable Risk Management: Offers manual and automated lot size configurations for different trading preferences.
• Spread Control: Helps avoid entering trades when market conditions are unstable.
• Customization: Users can tweak multiple parameters to fit their trading strategy and risk appetite.
• Works on Multiple Currency Pairs: Enhances diversification opportunities.

Disadvantages of HedgeMaster FX Pro

• Requires a Minimum Deposit of $500: This may not be ideal for traders with limited capital.
• High Leverage Can Increase Risk: Although the EA supports leverage up to 1:1000, excessive leverage can amplify losses.
• Dependent on Market Conditions: The effectiveness of the hedging strategy may vary during high-impact news events.
• Requires a VPS for Optimal Performance: To ensure uninterrupted execution, traders need a VPS service, adding to the overall cost.
• Complex Strategy for Beginners: Traders unfamiliar with hedging strategies may find it difficult to understand and configure the settings optimally.

Results 

From the provided trading screenshots, the EA demonstrates the ability to capture profits in various market conditions. The performance analysis shows:

• Profitability: Steady accumulation of small profits, maintaining account balance growth.
• Drawdown: The EA exhibits controlled drawdown, though it must be managed carefully to avoid excessive risk.
• Trade Execution: Efficient and timely execution of trades with spread control mechanisms in place.
• Performance Over Time: Profits vary depending on market volatility and adherence to risk settings. Traders with a balanced approach to lot sizing and leverage can achieve consistent gains.

Conclusion

The HedgeMaster FX Pro Tool is a well-structured expert advisor designed for traders who prefer hedging strategies. Its risk management settings, automated trading capabilities, and customization options make it suitable for both intermediate and advanced traders. However, beginners may require time to grasp its functionalities fully. While it offers the potential for steady profits, users must exercise caution in setting their risk parameters and ensure they are trading under favorable market conditions.

Download HedgeMaster FX Pro

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

Get HedgeMaster FX Pro

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