Advanced Hedge is a Forex expert advisor that was launched in the year 2021. It works on both MT4 and MT5 trading platforms. As per the vendor’s claims, this EA is capable of recovering from losses and can function without any manual input.
The presentation on the MQL5 product page is quite brief. We don’t have a proper explanation for how the EA functions. The vendor has shared two sets of live signals and some recommendations. We also have some screenshots showing the backtests as well as the pricing details.
Ho Tuan Thang, the developer behind this system, is a resident of Vietnam. We know nothing about this person’s background and trading history. They have an official Telegram channel, but there is no email address where you can get in touch with them, should you require assistance. This developer has other EAs like Advanced Fibo Levels, Advanced Bollinger Bands, and Advanced Gold Trading.
Features
Advanced Hedge is compatible with pairs like EUR/USD, GBP/USD, XAU/USD, and BTC/USD. It employs a hedging strategy for trading the Forex market. This involves opening several positions to counterbalance currency risk. Here, trades reduce exposure to market risk by purchasing or selling additional pairs. This protects the positions from changing exchange and interest rates. The EA is not sensitive to slippage or spread.
How to start trading with Advanced Hedge
The current price of this robot is $199. This makes it a lot cheaper compared to other automated trading systems on the market. The seller has stated that there are only a few copies left at this price, after which it will be raised to $249. You can download the free demo version of the EA in case you wish to test its capabilities without investing real money. However, the vendor does not offer a money-back guarantee for this expert advisor.
According to the developer, you should run this EA on M15 charts. It is not a broker-sensitive EA, so you can select any broker you are comfortable with. To get started, you need to make a minimum deposit of $300.
Backtests
This backtest was conducted on the EUR/USD pair from January 2010 to June 2021. The developer used the H1 timeframe for this backtest. For the testing period, the EA generated a total profit of $1750156.51. It had a decent profit factor of 3.73.
Since the vendor has not presented the backtesting results in the proper format, we cannot see some of the most vital performance parameters like drawdown, profitability, Sharpe ratio, etc. As such, it is not possible to draw a comparison between the back and forward test results.
Verified trading results of Advanced Hedge
Unfortunately, there are no verified trading results for this expert advisor on websites like Myfxbook, FXBlue, and FXStat. All we have is this trading account on MQL5 that was launched on 25th January 2022. As you can see, it has spent a very short time in the live market, during which it has had only six trading days.
To date, Advanced Hedge has conducted 39 trades through this account. It has won 34 out of them, which means it has a win rate of 87.17%. This EA places approximately 44 trades per week, which means it follows a high-frequency trading style. On average, it holds a trade for eight hours.
The maximum drawdown for this account is 18.9%, which can be considered acceptable. The profit factor of 3.37 is a bit low compared to the backtesting results, but it is still high compared to other EAs. There have been 15 maximum consecutive wins and 2 maximum consecutive losses for this expert advisor. The total profit for this account currently stands at $41.29.
Customer reviews
Here, you can see some of the reviews written by users on MQL5. Unfortunately, we cannot verify their authenticity. There are no reviews for this EA on websites like Forex Peace Army, Trustpilot, Quora, or Myfxbook.
Is Advanced Hedge a viable option?
Advantages
- Cheap compared to other EAs
Disadvantages
- No verified trading results
- No money-back guarantee
- Lack of vendor transparency
Wrapping up
Advanced Hedge is a Forex expert advisor that is not supported by verified trading statistics. We don’t have enough information on the vendor selling this product, and there are no authentic customer reviews for it. Although it comes at a cheap price, the vendor does not offer buyers the protection of a money-back guarantee policy.
