AustralianHedging

[TopicStarter]

Introduction​

AustralianHedging, a trading robot developed by Evgeniy Zhdan, promises to leverage the inverse correlation of trading instruments to deliver consistent profits. With a rating of 5 and positive user feedback, it seems to be a reliable choice for traders. But let's not get carried away. In the world of Forex, skepticism is a trader's best friend.

Description of Features​

AustralianHedging operates on a 1-minute timeframe and works right out of the box with default settings. It uses a virtual channel to manage trades and avoid long drawdowns. Key features include:

• Inverse Correlation Strategy
• Unique Position Management System
• Risk Management Parameters
• Customizable Trading Tools
• Trading Frequency Control
• User-Friendly Interface

The robot allows traders to set parameters like MaxRisk, Take Profit, Stop Loss, and more, ensuring a tailored trading experience.

Performance Analysis​

User reviews suggest that AustralianHedging performs well in both backtests and live trading. Dmitrii Kozachenko mentions that the logic of the EA works well on backtests and live tracking. Tomislav Braz has been using it for over three months with excellent results. However, it's crucial to remember that past performance is not indicative of future results. Always monitor your risks and avoid greed.

Pros and Cons​

Pros:

• User-friendly and easy to set up
• Effective risk management features
• Positive user feedback
• Consistent performance in backtests and live trading

Cons:

• No trading system is foolproof
• Requires constant monitoring
• Market conditions can affect performance

Source Code of AustralianHedging​

We don't have access to the original source code of the AustralianHedging robot sold on MQL5. However, based on its description, we have created a sample code. This example is for educational purposes and should not be considered the actual code of the AustralianHedging robot.

You don't have permission to view the code content. Log in or register now.

Download AustralianHedging​

If you have any questions about the code, feel free to ask. This example code is provided by easytradingforum.com and is based on the description of the robot sold on MQL5. The EASY Trading Team does not sell the AustralianHedging robot but has created this code based on its description.