Forex hedging is not recommended to beginner traders. Forex is not an easy business naturally, hedging is much more difficult. Even pro traders lose money with hedging strategies. You have to be strong psychologically to become an expert on hedging. If you cannot take the loss of any trade, you might go for hedging. But it’s too risky which leads you to lose your account.
You can skip the psychological steps of the hedging strategy if you can use any proven forex robot which takes trade automatically on the behalf of your account. Like a manual heading strategy, any hedging robot is also a risky one. You need to test and test to choose any good forex expert advisor. By the way, we have shared so many forex robots on this website you can check, you can start with Mix-FX Trading Robot or XAU Miner Forex EA.
This forex expert advisor is 100% based on the price movement and support/resistance levels. This forex robot is a combination of simple settings and powerful trading techniques. It’s very simple to use which any beginner can plug and play this expert advisor.
You know, we cannot predict the price movement in any market 100%. We can only work on the probabilities. But the direction of any market may be two-way with buy and sell. If we cannot win with the buy signal, we can certainly win with the sell signal. In this situation, if we can take trade in both directions and close the losing trade, we can eventually make profits. It’s usually called hedging.
We do not recommend hedging of beginner traders. Any trader has to have strong psychology and strong money management practice to become a profitable hedger. As you are using a forex expert advisor, you can use this robot even you are a beginner.
When you are using this forex robot, you will see that this robot can buy and sell trade at the same time. Robot closes the losing trades and runs the profitable trades.
This forex robot is only usually to the mt4 platform. You should use this forex robot to any major currency pairs like EURUSD, GBPUSD, EURJPY, USDCAD, AUDUSD, and USDJPY. We are testing this forex robot to a 1H time frame, but you can test this forex robot higher or lower timeframe if you want.
Although you are using a hedging expert advisor, you cannot trade like a hedge fund. You need to use any forex robot to trade and get liquidity. Low spread brokers increase the accuracy of the trades you take. ICMarkets is one of the best brokers we found for low spared regulated forex robots.
The robot creator mentioned that you can get 85% profitability using this forex robot. This forex robot does not use any indicator to enter the market. It only uses the price action strategy of the market.
To find out the real results of this forex robot, you need to test this forex expert advisor several times in several time frames and time periods. After you are getting testing results, you will determine on your own if you can go off this forex robot.
You can find all the detail about this forex robot download below.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
Step 2: Download the EA’s file
Step 3: Install the EA to your MT4 platform
Step 4: Run the EA to your demo account first
Step 5: After testing, if profits go to real account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 1 Hour
Please watch this trading video after download
Get All Forex EA and Forex Indicators (+Upcoming): https://provenbinarybot.com/All-fx-EA-Indicators
Hedging Profit System Download