Available soon
Loading product…
Hedging Forex EA1 is an MT4 expert advisor that runs a hedged basket of trades on gold and volatile currency pairs, with ATR-based take profit, session timing, a spread filter and an equity loss cutoff.
Get one message the moment it launches, with its price.
Hedging Forex EA1 is an expert advisor for MetaTrader 4 that manages a basket of hedged positions. It uses the ATR indicator to set take profit levels and applies filters for spread, trading hours and total exposure. It is aimed at gold and volatile currency pairs on the five-minute chart.
The EA opens positions and, when price moves against the basket, adds further trades in a hedging grid. How quickly the lot size grows through the grid is controlled by the multiple_total input. The basket is closed when the combined result reaches the take profit target. That target can be a fixed number of points or a value derived from ATR, so it adapts to current volatility when Open_ATR is enabled.
Grid and hedge methods can hold losing positions for a long time and increase lot sizes as they go. That makes the exposure limits described below important, and you should understand them before running the EA on a live account.
The author recommends the M5 chart and says the EA suits volatile instruments. It is tagged here for gold (XAUUSD) and support and resistance style trading, and the author names AUD/JPY, NZD/JPY, AUD/USD and CAD/JPY as pairs that suit it. Run it on one symbol at a time unless you have tested your own multi-chart setup.
Gold quotes differ between brokers. If your broker shows two or three decimals, the take profit in points needs to be ten times the value you would use on a one-decimal quote. Check your broker's digits before you set Take_Profit.
| Input | Purpose |
|---|---|
| Lot1 | Fixed lot size, used when Auto_Lot is false |
| Auto_Lot | Switches between automatic and manual lot sizing |
| Max_Risk | Percentage of equity used to calculate the lot in auto mode |
| Take_Profit | Target in points, or the ATR setting when Open_ATR is on |
| Stop_Loss | Optional stop in points; the author does not prefer it |
| Open_ATR | Enables ATR-based dynamic take profit |
| Start_Time / End_Time | Hours the EA is allowed to work (GMT) |
| Max_Open | Maximum simultaneous trades |
| Max_Lots | Limit on total lot exposure |
| Loss_USD | Equity loss that closes all positions; 0 disables it |
| multiple_total | Lot progression in the hedging grid |
| Continuous_trading | Keeps trading after a profit, or stops the EA when off |
| Magic_Number | Unique ID for this EA's trades |
The author gives suggested starting values for balance, lot size and leverage, but you should confirm them against your own account and risk tolerance. No tested settings are guaranteed to suit your broker.
Trading carries a high level of risk and you can lose part or all of your capital. Hedging and grid methods can build large positions during a sustained move. Past results do not predict future ones. Test on a demo account first and only trade money you can afford to lose.
Because the EA works around the clock during its trading window, a VPS helps keep the terminal connected. Make sure your account allows hedging and has low spreads for your chosen symbol.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, hedging basket |
| Markets | Gold (XAUUSD) and volatile JPY, AUD and NZD pairs |
| Timeframe | M5 recommended by the author |
| Trade style | Short-term hedging grid with ATR take profit |
| Position sizing | Fixed lot or automatic lot from equity risk |
| Account type | Hedging-enabled account, low spread preferred |
| Requirements | Terminal running continuously, VPS advisable |
No reviews yet. Customers who own Hedging Forex EA1 can review it here.
No. This product is built for MetaTrader 4 and will not load in MetaTrader 5. If you use MT5, look for a product made for that platform.
Open your MT4 data folder through File, Open Data Folder, copy the expert file into MQL4/Experts, restart the terminal or refresh the Navigator, then drag the EA onto an M5 chart of the symbol you want to trade. Make sure AutoTrading is switched on.
The author points to gold and volatile pairs such as AUD/JPY, NZD/JPY, AUD/USD and CAD/JPY. A low-spread account that allows hedging is preferred because the spread filter can block entries when spreads are wide. Check your broker's symbol suffixes and digit count before you start.
The MT4 tester cannot trade several symbols at once, so a true hedge test is limited. The EA includes a virtual hedging approach for testing, which is only a rough guide. Test on a demo account for a good while before using real money.
The author suggests a fairly large balance, a small starting lot and high leverage, for one pair only. These are starting points, not rules. Check them against your own risk limits, and use the Max_Lots, Max_Open and Loss_USD inputs to cap exposure.
Hedging Forex EA1
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT4 tools with a similar focus.
Own Hedging Forex EA1? Sign in to review it.