Advanced Hedge works on MT4 and MT5 platforms with strategically analyzed data. It trades on crypto, Forex pairs, metals, and indices and requires optimization. The algorithm is not sensitive to slippages and runs on the M15 charts. Read more to know further about the winning rate, profitability, and EA drawdown.
Vendor transparency
Ho Tuan Thang is the author of the EA who has no market experience according to the MQL5 website. He has a total rating of 4.9 for 112 feedback. They have 11 products published with 0 subscribers for their services.
How Advanced Hedge works
The features of Advanced Hedge are given below:
- It works with a hedging platform.
- The system trades on both MT 4 and 5 software.
- It can trade crypto, Forex pairs, and other instruments.
- The robot is not sensitive to spread or slippage.
The installation of this system is described below:
- Acquire the system from its primary site
- Launch the EA files and download them on your PC
- Open MT4/5 strategy
- Shift the downloaded files in the column of the charts
- Enable auto trading
- Now you can utilize it for trading
Time frame, currency pairs, deposit
According to the developer, the robot works on M15 charts, with a minimum deposit of $300. It can trade on EURUSD, GBPUSD, XAUUSD and Bitcoin.
Trading approach
The developer states that the robot trades on multiple instruments using hedging strategies. It is a fully automated system that has built-in loss protection. The history of live records at MQL5 shows us that it implements averaging and martingale strategies.
Pricing and refund
You can get the EA at the price of 199 USD, and there are no refunds or money-back guarantees available.
The pricing is average as compared to other systems in the market. They also offer a demo so you can test the robot. The payments are accepted via PayPal, Visa, MasterCard, e.t.c.
Trading results
Backtesting records are available for EURUSD 2020 till 2021 in the form of a line graph. We cannot know important statistics such as drawdown, profit factor, winning rate, etc. The robot has frequent drops in the equity curve, which usually occurs when the losses are floating. The testing period is quite short.
The live records are given from Jan 2022 to 13 April 2022. According to these records, trades per week are 31, and the average holding time for each position is 21 hours. The total executions are 51. The number of profitable trades is 43, which translates to a success rate of 84%.
The gross profit is $372.12, and the gross loss is -$96.38. Monthly growth is 13.79%, with a maximum drawdown of 8.4%.
People say that Advanced Hedge is…
Doubtful. There are 10 reviews available on the MQL 5, providing the expert advisor a rating of 4.29. One of the traders commented that he had used the robot on a demo account and was ready to go live.
As there is no clear information about the system and the contacts and credentials are not provided, it is hard for traders to invest in it. The backtesting trading records are also not available. According to the website, the drawdown value is over 50% which is quite high and risky.
Verdict
Pros | Cons |
24/7 customer service | Not enough contact info |
Total automatic system | Backtesting records are not given |
No money-back guarantee | |
High drawdown |
Advanced Hedge Conclusion
Advanced Hedge does not have enough information about the robot's strategy, and there is no money-back guarantee. There are no reviews on trusted third-party platforms such as Trustpilot. The algorithm currently has a high drawdown that shows a risky approach to the markets.