Advanced Hedge is a fully automated expert advisor that trades with a hedging strategy. It has been tested from 2019 to the present day in different periods and market conditions.
Currently, you can purchase this robot for the price of $149. The vendor claims that there are only 3 copies left at this price, after which it will be raised to $249. This seems like a strategy to attract potential buyers. If you don’t wish to pay the one-time fee, you can rent the EA for 1 year by paying $49. While the price is pretty close to the market average, the vendor does not offer a money-back guarantee, which is quite disappointing.
Advanced trading strategy
This is a robot that opens hedging positions, attempting to reduce the risk of price shifts and unnecessary exposure to currencies from other positions. It is based on the rationale that opening more positions can protect your positions against unfavorable price movements.
But such a strategy that tries to avoid market risks can also be dangerous. It prevents traders from being flexible and reacting swiftly to changing market dynamics. When you try to reduce the risk, you also end up lowering the profit potential. Also, you need to have a substantial amount of money to implement this strategy, and sometimes you can go a long period of time without making any profits. If you are a novice trader, this strategy can work against you, since it is a bit difficult to comprehend.
Advanced Hedge features
This is a system that does not use any indicators for making its entry, using mathematical logic instead. When you purchase this robot, you are eligible to get a free copy of another EA or indicator with all future updates included. For this, you need to get in touch with the vendor via MQL5.
Advanced Hedge trades in the EUR/USD and GBP/USD pairs for the M5 timeframe. The vendor recommends a minimum deposit of $3000 while trading with this system. It is also mentioned that the EA is not sensitive to slippage or spread.
There are several EA parameters that you can modify to suit your trading style. You can decide the take profit and stop loss values, while also specifying things like slippage, maximum volume, and initial volume.
Advanced Hedge backtesting results
This backtest was conducted on the EUR/USD pair from 2020 to 2021. It is a very short testing period for a backtest, which means the strategy was not tested for the long term. The EA placed 16245 trades during this backtest, winning 70.96% of them. As a result, it generated a total net profit of $74866.78.
There were 16 maximum consecutive profits and 10 maximum consecutive losses during this test, and the profit factor was 2.15. The relative equity drawdown was extremely high at 49.14%. This indicates a risky strategy that can lead to substantial losses for the trader.
Advanced Hedge live trading results
There are no verified trading results for Advanced Hedge on websites like FXBlue, Myfxbook, and FXStat. Serious Forex traders always look for verified results before investing in an automated system. These accounts reflect the true performance of the EA, so it is important for an EA vendor to share them.
On MQL5, the vendor has shared a link for the live results, but it seems like they have deleted it later. Thus, at this moment we have no live trading statistics for Advanced Hedge. So if you wish to invest in this robot, you have to do so based on the historical performance, which is not advisable.
Advanced Hedge reputation
Advanced Hedge is a product from Ho Tuan Thang, a Vietnamese trader. We don’t have a lot of information on this person so we know virtually nothing about their background and trading experience. There are some other products developed by this trader, which include Advanced Fibo levels, and Advanced Bollinger Bands.
Advanced Hedge was launched on 26th May 2021, so it is hardly surprising that there are no authentic user reviews for this EA on third-party websites. On MQL5, we can see several customer reviews, but since these aren’t moderated, we cannot consider them genuine.
Advanced Hedge review summary
- Strategy – 3/10
- Functionality & Features – 3/10
- Trading Results – 2/10
- Reliability – 2/10
- Pricing – 3/10
Conclusion
Advanced Hedge is a recently-launched EA for which there are no live trading statistics. In other words, it has no record of generating profits in real time. There are backtesting results for this robot, but the test has been conducted for only one year and we cannot possibly trust in a system only based on historical performance.