Advanced Hedge Review 

Advanced Hedge

Advanced Hedge is a Forex expert advisor sold on the MQL5 website. As per the developer, the strategy of this EA was tested from 2016 to 2021 using a model based on real ticks and it has shown excellent live performance on different brokers. You can use this EA to trade in multiple currency pairs simultaneously. 

You can find all the details on the MQL5 product page. The MT4 version of the robot was launched on June 5, 2021 and the MT5 version has been active since May 26, 2021. 

The developer behind this system is Ho Tuan Thang. This person is based in Vietnam and he has been developing trading bots since 2008. He has a website called advancedautotrading.com where you can find the link to his Telegram channel and his email address. Other robots from this developer include Advanced Fibo Levels, Advanced Gold Trading, Advanced AI Scalper, and Advanced Fibo Levels. 

Advanced Hedge at a glance 

Price $199
Trading Platforms MT4, MT5
Currency Pairs EURUSD,GBPUSD, XAUUSD, BTCUSD
Strategy Hedging
TimeframeM15
Recommended Deposit $300
Recommended Leverage 1:500
Money ManagementNo

Advanced Hedge functionality 

On the MQL5 product page, the developer has not clearly explained the features of this system. It is not sensitive to spread or slippage, so you can sign up with any broker of your choice. You can get started with $300 and it is recommended that you load the EA on M15 charts for pairs like EURUSD, GBPUSD, XAUUSD, and BTCUSD.

There are several EA parameters that you can modify to suit your trading style. These include the start lot of the series, the volume multiplier, the maximum trading lot, the maximum number of locked orders, take profit, stop loss, slippage, and grid size. For getting the best set file for the robot, you can get in touch with the developer. 

Advanced Hedge trading strategy tests 

This EA follows a hedging strategy. It involves strategically opening new orders in an attempt to reduce exposure to currency risk. Instead of using indicators for its entries, the robot uses pure mathematical logic. It also has a loss-recovery system, but the developer hasn’t explained how it works. 

Backtesting results of GBP/USD on advancedautotrading.com
Backtesting results of GBP/USD on advancedautotrading.com

For this backtest, the EA conducted 2729 trades from July 2020 to January 2022. It used an every tick model and an initial deposit of $430 to generate a total profit of $2009.81. The win rate for the backtest was quite high at 86.04% and the profit factor was also very impressive at 1.67. Looking at the high relative drawdown of 53.78%, we can tell that the EA was following a risky strategy.

What about Advanced Hedge live trading results 

Growth chart of Advanced Hedge on MQL5
Growth chart of Advanced Hedge on MQL5

There are no verified trading accounts for this EA on trusted third-party websites. Here we have a live monitoring account on MQL5 that was launched on April 6, 2022. Thus, it has a very short trading history, which makes it difficult for us to accurately gauge its profitability. 

After conducting 422 trades, the profitability for this account stands at 80.33%, which is a little less compared to the backtest. The EA has generated a total profit of $507.16, but it exhibits a high drawdown of 59.6%. This indicates a high risk of ruin.

User reviews 

User reviews for Advanced Hedge on MQL5
User reviews for Advanced Hedge on MQL5

There are no reviews for this EA on websites like Trustpilot, Forex Peace Army, Myfxbook, and Quora. On MQL5, there are few reviews, but we cannot consider them authentic.

Advanced Hedge Review Summary

Advanced Hedge
4 5 0 1
Advanced Hedge is sold by a developer we don’t know much about. We don’t have the verified trading results for the robot, and the trading account on MQL5 has not been active for too long. The EA uses a risky strategy that leads to a high drawdown. Also, the vendor does not have a money-back guarantee offer.
Advanced Hedge is sold by a developer we don’t know much about. We don’t have the verified trading results for the robot, and the trading account on MQL5 has not been active for too long. The EA uses a risky strategy that leads to a high drawdown. Also, the vendor does not have a money-back guarantee offer.
4/5
Total Score
  • Functionality
    4/5 Good
    This expert advisor does not have any special features that set it apart from other robots on the market.
  • Trading Strategy
    5/5 Amazing
    The robot follows a hedging strategy that leads to a high drawdown and might be difficult to follow for some traders.
  • Live Results
    4/5 Good
    There are no verified trading statistics for this expert advisor and the MQL5 account has a short trading history.
  • Customer Support
    5/5 Amazing
    If you are in need of support, you can message the developer via MQL5 or use the email address on the official website.
  • Use Reviews
    4/5 Good
    There are reviews for Advanced Hedge on third-party websites.

The Good

  • Affordable EA

The Bad

  • No verified trading results
  • No refund policy
  • High drawdown
Total
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