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New Smarthedge is an MT5 expert advisor that trades two highly correlated instruments at the same time, so that results on one leg can offset drawdown on the other. It has an AUTO mode with built-in presets and sets volume as a percentage of the deposit.
Get one message the moment it launches, with its price.
New Smarthedge is an expert advisor for MetaTrader 5 that trades two highly correlated instruments at the same time. Positions on one instrument are meant to offset the drawdown of positions on the other, which lets the strategy work with larger volumes than a single-instrument approach would usually suggest. It is a simplified follow-up to the earlier Smarthedge and SH-2 designs.
The expert opens and manages trades on a pair of instruments whose prices tend to move together. When the two prices drift apart or one leg moves against the position, the opposite leg can compensate for part of the floating loss. The aim is to close the combined result in profit rather than to judge each trade on its own.
This approach depends on the relationship between the instruments holding up. If the correlation weakens or breaks for a period, both legs can lose at the same time, and drawdown can grow larger than expected.
The expert is meant for pairs of instruments with a high correlation, such as closely related currency pairs. Symbol names and trading conditions differ between brokers, so confirm that both instruments are available in Market Watch and that the presets cover them. Check the product page or the author's website for guidance on timeframes for your chosen instrument, since this text does not state exact values.
Exact input names and defaults can differ, so read the descriptions in the inputs tab after attaching the expert. The table lists the main groups of settings.
| Setting group | Purpose |
|---|---|
| Mode | AUTO uses built-in presets; manual modes allow finer control |
| Volume | Trade size, which can be set as a percentage of the deposit |
| Distances | Expressed through the spread rather than fixed points |
| Instrument pair | The two correlated symbols the expert trades |
Strategies that rely on offsetting positions can hold losing trades for a long time while waiting for a recovery. Use a volume you can afford, watch the margin level, and test on a demo account before going live.
Trading carries risk and past results do not predict future ones. Hedged positions can still lose money, and nothing in this listing is a promise of profit.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Strategy type | Correlated pair hedging, volume-based |
| Markets | Correlated instruments such as related currency pairs; check broker symbols |
| Timeframes | Check the settings guide for your chosen instrument |
| Trade style | Two simultaneous positions that offset each other |
| Requirements | Hedging-capable account, algo trading enabled, stable connection |
| Setup effort | Set AUTO mode and the volume; manual tuning is optional |
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No. This listing is for MetaTrader 5 only. It will not run on MetaTrader 4, so check that your broker offers an MT5 account before buying.
The design uses an AUTO mode with presets built in for many common instruments, so heavy optimisation is not the normal route. You should still test it on a demo account with your own broker's symbols and conditions before trading real money.
Volume can be set as a percentage of the deposit. Check the input description in the expert's settings window and start with a conservative value that suits your account size and risk tolerance.
It needs access to two correlated instruments and an account type that allows the position handling the strategy relies on, which usually means a hedging account. Spreads, swaps and execution speed all affect behaviour, so confirm these with your broker and test on a demo first.
Yes. Because the expert manages two positions at once and should run without interruption, many users run it on a VPS with a stable connection. Make sure both instruments are in Market Watch and that algo trading stays enabled.
No. Trading carries risk and past results do not predict future ones. Hedged or offsetting positions can still produce drawdown, especially if the correlation between the two instruments weakens.
New Smarthedge
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