Ultra Hedge Scalper EA V1.6b MT4

Introduction

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.

Key Features

• Scalping execution logic focused on quick in-and-out trades
• Hedge-based trade management to reduce directional risk during volatile swings
• Spread + slippage control filters to avoid bad entries in unstable pricing
• Session/time filter (commonly used in scalpers) to trade during high-liquidity hours
• Risk-based lot sizing (fixed lot or balance-based) depending on settings
• Equity protection / drawdown control (often included in hedge scalpers)
• News/volatility filter (if available in the EA inputs) to prevent spike losses

Recommended Settings (Safe Baseline)

(General safe setup if no official set-file is provided)

• Timeframe: M5 or M15 (scalpers usually perform best here)
• Pairs: Major low-spread pairs (EURUSD / GBPUSD)
• Broker: Low spread + fast execution (ECN-style), stable liquidity
• Lot size: Start very small (e.g., 0.01 per $100–$300)
• Max spread: Keep strict (example: 15–25 points on 5-digit broker)
• Trading hours: Prefer London → early NY overlap
• Risk mode: Use fixed lot first, then shift to auto-lot after live stability
• Protection: Enable equity/drawdown limit if the EA provides it

Backtest Result

• Win rate: Often appears high in backtests due to recovery/hedge logic
• Profit curve: Can look smooth in calm markets, but risk increases in trends/spikes
• Drawdown: Can be moderate to high, especially during strong one-way moves
• Sensitivity: Results heavily depend on spread, slippage, commissions, and tick quality

Advantages

• Good for short-term market movement with frequent opportunities
• Hedge logic can reduce immediate directional pressure during volatility
• Can show high hit-rate in ranging conditions
• Hands-free automation with consistent execution rules

Disadvantages

• Hedge-style recovery can build floating drawdown if the market trends hard
• Highly broker-dependent (spread, slippage, execution speed matter a lot)
• Backtests can be misleading if done with poor tick data or unrealistic spreads
• Risk can escalate if lot multiplier/recovery settings are aggressive