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HEDGE FUND ALGO MT4 – Full Input Settings Analysis
Hedge Fund Algo is an ultra-automated Forex scalping Expert Advisor (EA) with a sophisticated algorithm. It is an algo-based next-generation system to perform volume-based scalping. The algorithm is executed in a daily range system under the support of the hedge fund systems extensively used by institutions, where the traders utilize the market volatility with minimum human intervention.
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EA Overview
- EA Name: Us30/Gold Hedging Scalping
→ This EA is specially designed to hedge US30 and XAUUSD transactions, with hedging as well as scalping strategies to provide optimal performance. - Magic Number: 3170
→ An ID that will be assigned to all the trades opened by this EA to differentiate them uniquely from the trades opened by other EAs.
Order volume management
- Lots_Start: 0.01
→ First trade is made with very small lot size of 0.01 lots. - Lots_X (Lot Multiplier): 2.0
→ Lot size is increased with a Martingale multiplier of 2.0.
Example sequence: 0.01 → 0.02 → 0.04 → 0.08 → . - Upper_Limit: 2.0
→ Upper limit of lot size multiplier is restricted to 2.0, capping risk and avoiding deep positions.
Set Take Profit and Stop Loss
- TP (Take Profit): 500.0
→ Target take profit level at 500 pips or points, whichever is utilized by your broker. - SL (Stop Loss): 500.0
→ Stop loss position at the same point as the TP, providing a 1:1 risk-reward.