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Advanced Hedge Review: A Cost-Friendly EA

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Advanced Hedge

Advanced Hedge is a system that offers to automate your trading activities. It will help you to trade metals, indices, crypto, and Forex pairs, but you need to optimize its settings accordingly. The vendor introduced the EA to the community in May 2021, and several traders have shown interest in it. Our review seeks to gauge the reliability of the product so you can decide whether to add it to your trading arsenal or not.

The EA was developed by a person called Ho Tuan Thang. He lives in Vietnam and claims that he has been developing Forex EAs since 2008. His portfolio includes many other trading systems, such as Advanced Supply Demand Zones, Advanced Gold Trading, Advanced Bollinger Bands, Advanced Fibo Levels, etc.

Advanced Hedge strategies and tests

These are the features of the robot:

  • It works on both the MT4 and MT5 trading terminals.
  • The system trades on four main currency pairs: EURUSD, GBPUSD, BTCUSD, and XAUUSD.
  • It supports all brokers.
  • The recommended timeframe is M15, while the minimum deposit is $300.
  • It is not sensitive to spreads or slippage.

As the name implies, the system is designed to work with the hedge strategy. This entails protecting the user’s position in a currency pair from an undesirable move. According to the vendor, this EA does not rely on indicators to determine entry points. Rather, it uses mathematical logic, but no further details are provided on this.

A detailed backtest report is not provided. As you can see below, we only have a graph indicating that the EA increasingly made profits during the 2020-2021 trading period. The EURUSD was the instrument used to trade.

Backtest data

Backtest data

Advanced Hedge live trading account review

Live trading results on MQL5

Live trading results on MQL5

Although the live trading stats are available, a third-party source like Myfxbook has not verified them. The account was opened a few weeks ago and deposited at $1000. To date, the EA has made a profit of $337.12 for the user. Another $1000 has been injected into the account, so we have a current balance of $2337.12. The maximum drawdown is 29.6%, and if it increases further, the user may risk losing a significant portion of their capital.

Trading performance

Trading performance

There are 281 implemented trades with a decent profitability rate of 81.13%. The best trade has earned the account a profit of $100.34, whereas the worst one has made a loss of -$22.64. The profit factor, which is 2.01, shows that the EA can double your investment.

Pricing

The price of Advanced Hedge on MQL5

The price of Advanced Hedge on MQL5

The current retail price of this system is $199, but the developer says he will raise the price to $249 once the remaining copies will be sold out. You are advised to contact the developer immediately after you buy the tool to receive instructions and a bonus. A money-back guarantee is unavailable.

Is Advanced Hedge a good system to rely on?

We don’t know for sure. On the one hand, there are no credible statistics that could disclose the real performance of the EA in the real market. On the other hand, customers already using the system have confirmed that it generates profits.

Customer reviews

Advanced Hedge has an excellent customer rating of 4.29/5 based on 10 reviews. Most traders suggest that the system is effective and makes profits for them. However, there’s a single user who states that the EA made him broke in a week.

User reviews on MQL5

User reviews on MQL5

Advanced Hedge

4

The system is not cost-restrictive and since it’s not sensitive to spreads, the user is somehow protected from incurring unnecessary losses. Even then, the lack of verified third-party results and a detailed backtest report are red flags that shouldn’t be ignored.

  • Reasonable pricing
  • Positive user feedback
  • Not sensitive to spreads
  • No verified live results
  • Lack of a detailed backtest report
  • Short trading history
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