Hedge Forex Robot is a product from Forex Robot Trader that can trade on all currency pairs. According to the developer, the expert advisor trades more with less risk. The official website states that the system has successfully made $52076 in the last 30 days. Continue reading our detailed review to know if it’s worth investing your hard-earned money.
Following are some of the features of the Hedge Forex Robot:
- It is a 100% automated trading solution.
- The EA trades on Metatrader 4 trading terminal.
- The setup and installation are easy.
- The expert advisor is compatible with multiple timeframes and currency pairs.
- The system can be run on all brokers.
Follow the following steps to go ahead with the program:
- Purchase the robot from the developer’s website
- Download the EA files on your computer
- Launch MetaTrader 4 trading terminal
- Place the downloaded EA files into the charts section
- Enable auto-trading
Trading strategies and currency pairs
The vendor states that the EA is compatible with all timeframes, and also it can work with all sorts of symbols. No information is mentioned regarding the leverage and minimum/recommended deposit on the official website.
The developer of the EA comments that the system uses multiple time frames to analyze the market. After receiving confluence from the higher intervals it will calculate the trend. The custom records on the website show us that it can use a fixed or a virtual stop loss on trades. There are generally no swaps on trades meaning that it doesn’t hold positions overnight.
Hedge Forex Robot doesn’t come with backtesting data that can be used as proof to verify the historical performance of the ATS. We can check out the old records available as historical records. From the stats on March 2011, we observe that the system has a full 100% win rate within 73 trades. It traded with a high balance of $425022.69 and made a total P/L of $18834.74.
Hedge Forex Robot trading statistics
Hedge Forex Robot doesn’t provide the traders with a legit live trading record, verified by the third-party platforms. The reports are available on the product’s official website, but they can’t be used as evidence to justify the system’s legitimacy.
The trades are made using USD currency with a $0 deposit amount. The account’s total balance stands at $5564348.83, and the gross profit is $52075.90. The absolute, maximum, and relative drawdown values are zero, surprising. The ATS placed a total of 330 trades and won all of them with a 0% loss ratio. The heavenly figures and unrealistic stats give bad vibes of tempered data.
Pricing and refund
Hedge Forex Robot is available with a price tag of $49. The actual price of the EA is said to be $199, but the vendor is offering a 75% discount. The company only accepts payments through credit cards or PayPal, and there is no third-party transactions security service.
The developer doesn’t claim any moneyback guarantee, post-purchase updates, installation guide, user manual, etc.
What else you should know about Hedge Forex Robot
There are no user testimonies about Hedge Forex Robot on reputed platforms, but the service provider rated 2.251/5 on Forex Peace Army with 271 reviews.
The developer’s account on Forexpeacearmy is flooded with many unsatisfied comments. The investors have mentioned the lousy customer support, blowing of account, labeling them as scams, and advising not to trust the vendor.