Ultra Hedge Scalper EA V1.6b MT4

<h3>Introduction</h3>

<p>Ultra Hedge Scalper EA V1.6b MT4 is an automated scalping-style Expert Advisor built for MetaTrader 4, designed to capture small, frequent market moves using fast entries and tight trade management. As the name suggests, it typically relies on hedge-style position handling (opening/maintaining opposing exposure under certain conditions) to manage short-term volatility and trade recovery.</p>

<h3>Key Features</h3>

<ul>

<li><strong>Scalping execution logic</strong> focused on quick in-and-out trades</li>

<li><strong>Hedge-based trade management</strong> to reduce directional risk during volatile swings</li>

<li><strong>Spread + slippage control</strong> filters to avoid bad entries in unstable pricing</li>

<li><strong>Session/time filter</strong> (commonly used in scalpers) to trade during high-liquidity hours</li>

<li><strong>Risk-based lot sizing</strong> (fixed lot or balance-based) depending on settings</li>

<li><strong>Equity protection / drawdown control</strong> (often included in hedge scalpers)</li>

<li><strong>News/volatility filter</strong> (if available in the EA inputs) to prevent spike losses</li>

</ul>

<h3>Recommended Settings (Safe Baseline)</h3>

<p><em>(General safe setup if no official set-file is provided)</em></p>

<ul>

<li><strong>Timeframe:</strong> M5 or M15 (scalpers usually perform best here)</li>

<li><strong>Pairs:</strong> Major low-spread pairs (EURUSD / GBPUSD)</li>

<li><strong>Broker:</strong> Low spread + fast execution (ECN-style), stable liquidity</li>

<li><strong>Lot size:</strong> Start very small (e.g., <strong>0.01 per $100–$300</strong>)</li>

<li><strong>Max spread:</strong> Keep strict (example: <strong>15–25 points on 5-digit broker</strong>)</li>

<li><strong>Trading hours:</strong> Prefer London → early NY overlap</li>

<li><strong>Risk mode:</strong> Use <strong>fixed lot</strong> first, then shift to auto-lot after live stability</li>

<li><strong>Protection:</strong> Enable equity/drawdown limit if the EA provides it</li>

</ul>

<h3>Backtest Result</h3>

<ul>

<li><strong>Win rate:</strong> Often appears high in backtests due to recovery/hedge logic</li>

<li><strong>Profit curve:</strong> Can look smooth in calm markets, but risk increases in trends/spikes</li>

<li><strong>Drawdown:</strong> Can be <strong>moderate to high</strong>, especially during strong one-way moves</li>

<li><strong>Sensitivity:</strong> Results heavily depend on <strong>spread, slippage, commissions, and tick quality</strong></li>

</ul>

<h3>Advantages</h3>

<ul>

<li><strong>Good for short-term market movement</strong> with frequent opportunities</li>

<li><strong>Hedge logic can reduce immediate directional pressure</strong> during volatility</li>

<li><strong>Can show high hit-rate</strong> in ranging conditions</li>

<li><strong>Hands-free automation</strong> with consistent execution rules</li>

</ul>

<h3>Disadvantages</h3>

<ul>

<li><strong>Hedge-style recovery can build floating drawdown</strong> if the market trends hard</li>

<li><strong>Highly broker-dependent</strong> (spread, slippage, execution speed matter a lot)</li>

<li><strong>Backtests can be misleading</strong> if done with poor tick data or unrealistic spreads</li>

<li><strong>Risk can escalate</strong> if lot multiplier/recovery settings are aggressive</li>

</ul>