ForexPen – Download Free Forex EA, Indicators and More for Your Trading Needs

Smart Hedge Robot

You can download Smart Hedge EA, a hedge robot, for free. Grid and hedge strategies form the basis of this robot’s operation. High volatility is a defining feature of the Forex market, offering traders both opportunities and challenges. Due to this volatility, traders are using hedging more and more as a tactical method to reduce losses and maximize gains. In the context of forex, hedging is similar to an insurance policy in that it protects investments from changes in the market.

This automated trading system offers a safe trading environment with improved deposit protection by combining grid trading and hedging algorithms. Hedge Robot adheres to a fixed lot size when opening new orders, in contrast to strategies that depend on lot multiplication (Martingale). The Grid strategy is not as risk-free as Martingale, but it can still be dangerous.


  • 1000–1500 USD is the minimum account balance.
  • USDCAD/USDNOK 0.02 lots.
  • AUDUSD/USDNOK 0.01 lots.
  • Since this EA is set up as a single chart, it only needs to be connected to one pair—ideally USDCAD. Every pair specified by the input parameter will be traded on.
  • Perform Best with M1.
  • Multi-currency backtests are not possible with MT4.
  • 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).

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500



Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts

FAN Trading Robot

An automated trading system called the FAN Trading Robot was created to profit from major news stories that cause notable volatility in the currency markets.

AA Forex Robot

The adaptable MT4 Robot Advanced Automated Forex Robot is available for free download. An adaptable algorithm that continuously fine-tunes and optimizes itself forms the basis

SG Forex EA

Specifically built for trading gold (XAUUSD), this SG EA is a fully automated Gold Forex EA. This article delves into the nuances of this EA,


Top Bottom Indicators provide a major advancement in manual trading tactics by identifying the tops and bottoms of market patterns. This indicator is special since