HedgeRock

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Apr 15, 2024
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Introduction​

Trading in forex markets can be a daunting task. With changing market trends and currencies constantly fluctuating, making profitable trades can be a challenge. This is where expert advisors like HedgeRock come into play. These advanced trading robots are programmed to analyze market data and execute trades on your behalf. However, getting the most out of these EAs requires proper setup and configuration.

Installation and Setup​

Getting started with HedgeRock is relatively straightforward. As stated by our user Liam Greene, you first need to load the setup files for each individual pair. While the EA works on 30 pairs, it might not perform as well with XAUUSD and EURUSD. Yet, that's not something to worry about. We're already working on this issue.

Remember, the quick installation does not guarantee immediate success. The key here is to understand your trading robot well and tune its settings according to your trading preferences.

Experience of using HedgeRock​

Based on user experiences, HedgeRock appears to be a reliable and efficient expert advisor. sunny kim, another user, shares satisfactory results after using it on a live account since launch. The author's support is also reported to be good.

However, always bear in mind that while the users rave about good initial results, trading is a marathon, not a sprint. Always stay prudent and keep an eye on your risk management.

Tips to Improve Performance​

For optimal performance, it's recommended to regularly update and tweak the settings of HedgeRock according to market trends. You should also try to diversify your portfolio and not invest all your eggs in one basket. Also, patience is a key virtue in trading. Don't expect instant results and allow the robot to perform over a stretch of time.

HedgeRock Source Code​

For those looking to dive deeper, be informed that we do not have the actual source code of the original HedgeRock sold at MQL5. However, we have created a code based on the description from MQL5, where this algorithm is sold. If you have questions about this code, feel free to ask on our forum.

Remember that this code example is from easytradingforum.com and based on the description of HedgeRock selling at MQL5. We in the EASY Trading Team neither sell nor own the HedgeRock EA - we just created a trading robot code based on its description.

Code:
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Download and Utilize the HedgeRock Trading Robot Efficiently​

You can check out the detailed statistics and download the HedgeRock EA from here https://forexroboteasy.com/trading-robot/hedgerock/. Following the steps above, with due diligence, may enable you to utilize this powerful tool to its fullest potential.

Trading is an art enhanced by science, and we hope that this guide will assist you in your trading journey with HedgeRock. Happy trading!
 

Attachments

  • HedgeRock.mq5
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I'm curious about the parameters — could we get a concise breakdown of what each one means? Or is there a detailed guide available somewhere that clarifies this?
 
Hi, a sample set file would be extremely helpful. The extensive range of settings in this EA makes optimization quite challenging without understanding what each parameter actually does. Thank you!
 
I finally found the time to offer an update! Enhanced settings are now in place, addressing the unidirectional hedge issue that was impacting the EA's performance. Don't forget to upgrade to version 1.1 for the latest improvements!