Smart Correlation Hedge EA

A FREE Correlation Hedge EA MT4 download, Smart Correlation Hedge EA is completely automatic. It operates using the correlation trading strategy. The finest feature of this free forex EA is that since it employs the correlation method, it is made to function well in the majority of market circumstances.

No matter which way the market swings, the drawdown of one instrument will be offset by the profit of the other because it hedges the orders of two highly linked instruments! When an exchange rate deviates from the overall trend, the NEW Smart Hedge Expert Advisor opens positions and closes them when the exchange rate returns to its proper level.

The EA wagers on a return to the right route when associated instruments veer off course. With excellent correlation, it trades simultaneously on many drum instruments. Drawdown from transactions on one instrument is offset by transactions on the other. As a result, it can trade with a decent amount of volume and little risk.

Since this EA trades using the hedging and correlation strategies, the MT4 terminal does not support multi-currency testing in the strategy tester. It cannot do a backtest.

Although this free Forex robot is fully automatic, you can actively engage with this EA by using its dashboard. Additionally, this EA won’t support BACKTESTING.

Recommendations

For one instance of the EA, a $100 minimum account balance is required.
M5 and H1 timeframes are the most effective. (Assemble any TimeFrame)
Work best with the following currency pairs: AUDCAD-NZDUSD, AUDNZD-NZDUSD, AUDUSD-AUDCAD, EURGBP-GBPCHF, EURJPY-CHFJPY, EURUSD-GBPUSD, EURUSD-USDCHF, GBPUSD-EURUSD, NZDUSD-AUDUSD, USDCAD-NZDUSD, USDCHF-EURUSD, USDJPY-CADJPY, and GOLD-SIL and includes set files for these (see the EA in the first pair provided).
This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
low spread ECN account is also advised (Find the Perfect Broker For You Here).