(1 customer review)

USD  28

Banner New Low Prices

Product Published or Updated on November 17, 2023

ALREADY BOUGHT ? - REQUEST FREE LIFETIME UPDATE

Share this strategy :

Description

Ouro Hedge Scalping V3.0 MQ4

THIS PRODUCT IS ONLY THE SOURCE CODE .MQ4

  • 1 Expert ex4 Unlocked
  • 1 Library

In this thorough review, we’ll dive into the world of EA Ouro Hedge Scalping 3.0, a fully automated trading strategy that incorporates risk management through hedging strategies. This expert advisor (EA) continually monitors the market, applying predefined rules to identify favorable entry and exit points, making it a compelling tool for traders seeking automated solutions for short-term trading. We’ll explore the strategy, features, strengths, weaknesses, and settings of EA Ouro Hedge Scalping 3.0 to help you make an informed decision for your trading endeavors.

Strategy of EA Ouro Hedge Scalping 3.0

EA Ouro Hedge Scalping 3.0 is a sophisticated automated trading strategy designed primarily for the foreign exchange market. While it performs best on currency pairs like EURUSD, GBPUSD, USDCHF, GBPJPY, and XAUUSD, it can be applied to other pairs with reasonable effectiveness. The EA is optimized for short-term timeframes, particularly the 1-minute (M1) and 5-minute (M5) charts. Its core focus is on scalping, a strategy that involves taking advantage of small price movements through a high volume of quick trades.

One standout feature of EA Ouro Hedge Scalping 3.0 is its robust risk management approach. By utilizing hedging techniques, it aims to minimize potential losses by opening offsetting positions when the market moves unfavorably. This proactive risk mitigation strategy helps protect trading accounts from significant drawdowns and contributes to a more stable equity curve. To ensure the EA operates effectively, the developer recommends a minimum account balance of $500 or the equivalent in a cent account, allowing for ample capital to withstand potential drawdowns and facilitate efficient hedging. It is also advised to operate the EA on a low spread ECN (Electronic Communication Network) account to optimize trading conditions and reduce transaction costs.

Unlike riskier strategies such as martingale, mesh, or serum, EA Ouro Hedge Scalping 3.0 adopts a conservative approach by relying on hedging while steering clear of these potentially perilous methods. Another advantage of this EA is its resource efficiency. It minimizes computational demands, ensuring smooth operation on the trading platform without undue strain on the system.

However, as with any trading system, EA Ouro Hedge Scalping 3.0 has its weaknesses. Its scalping nature exposes it to high-frequency market noise and abrupt reversals, which can result in increased trading frequency or a higher number of hedging positions. Additionally, the reliance on hedging may lead to prolonged periods of consolidation, where trades in both directions accumulate without generating substantial profits. This can impact overall profitability, particularly in markets characterized by low volatility or ranging conditions. To mitigate these risks, traders are strongly encouraged to employ sound risk management techniques and thoroughly test the EA on a demo account before considering live account usage.

Features of EA Ouro Hedge Scalping 3.0

EA Ouro Hedge Scalping 3.0 offers a range of features tailored to meet traders’ needs:

  • Fully Automated: The EA operates autonomously, executing trades based on predefined rules and parameters, eliminating the need for constant manual monitoring.
  • Hedging Techniques: It incorporates hedging strategies to minimize potential losses and safeguard trading accounts from adverse market movements.
  • Currency Pair Versatility: While optimized for specific pairs, the EA can be applied to a wide range of currency pairs, providing traders with flexibility.
  • Short-Term Focus: Designed for short-term trading, it capitalizes on small price movements, making it suitable for scalpers.
  • Quick Timeframes: The EA excels on the 1-minute (M1) and 5-minute (M5) charts, allowing for swift trade execution and analysis.
  • ECN Account Optimization: It operates best on low spread ECN accounts, enhancing trading conditions and reducing costs.
  • Risk Mitigation: EA Ouro Hedge Scalping 3.0 avoids high-risk strategies like martingale, mesh, or serum, prioritizing safety.
  • Resource Efficiency: The EA minimizes computational demands, ensuring a smooth trading experience without overburdening the system.
  • Recommended Account Balance: The developer recommends a minimum account balance of $500 (or equivalent in a cent account) to withstand potential drawdowns effectively.

Settings for EA Ouro Hedge Scalping 3.0

To tailor the EA to your specific trading preferences and risk tolerance, you can adjust various settings, including:

  • Lot for Balance: Automatically calculates the trading volume.
  • Fix Lot: Allows you to set a fixed lot size if desired.
  • Number of Opened Deals: Specifies the maximum number of orders.
  • Time to Start/Finish Hour: Defines the trading hours.
  • Comments and Magic: Customize comments and assign a magic number to trades.
  • Open Opposite Deals: Enables logic for opening opposite direction positions.
  • Spread Filters: Set maximum allowable spreads.
  • Take Profit and Stop Loss: Define profit and loss levels in points.
  • Lot Multiplier: Adjust lot size with a multiplier.
  • Distance and MinProfit: Set minimum profit distance in points.
  • Trade Pairs: Specify the list of currency pairs to trade.
  • Hedging and Amortization: Enable or disable hedging and amortization strategies.
  • Drawdown Percentage: Set the drawdown percentage to activate hedging.
  • News Filters: Enable news filters based on impact levels.
  • Time Zone for News: Configure the news release time zone in GMT.
  • Asset Filters: Filter news by specific assets.
  • Chart Display Options: Customize news strip and lines on the chart.

Summary of EA Ouro Hedge Scalping 3.0

In summary, EA Ouro Hedge Scalping 3.0 is an automated expert advisor designed for scalping in the forex market. Its strengths lie in its robust risk management through hedging strategies, versatility across currency pairs, and resource efficiency. However, it may face challenges during low volatility or ranging markets. To mitigate these risks, sound risk management and thorough demo testing are essential. This EA offers a conservative and automated approach for traders seeking short-term trading opportunities, providing a powerful tool in their trading arsenal.

Brand

Source Code MQL4

Refund

Refund and Replacement Policy

At tradingview.video, we prioritize your satisfaction and aim to provide top-notch digital products. To ensure clarity and transparency, we have outlined our Refund and Replacement Policy below.

1. Digital Product Nature: Our products are exclusively digital, encompassing downloadable software, e-books, templates, and other digital content. As these products are intangible and delivered electronically, physical returns are not applicable.

2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.

3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.

4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.

5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.

6. Refund Process: If a refund is approved due to a verified product defect, we will process it using the original payment method. Refunds may take 1-3 days to reflect in your account.

7. Contact Us: For any queries or concerns regarding our Refund and Replacement Policy, please contact our Customer Support team. You can reach us via telegram support or contact form. We are here to assist you and address any issues you may encounter.

By purchasing and downloading our digital products, you acknowledge and agree to adhere to the terms outlined in this Refund and Replacement Policy. We recommend reviewing this policy thoroughly before making a purchase. Your trust is important to us, and we are dedicated to delivering exceptional products and services.

Thank you for choosing tradingview.video

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.

We appreciate your choice in Tradingview.video

Thank you.

1 review for Ouro Hedge Scalping V3.0

  1. admin (store manager)

    Great Source Code, recommended

Add a review

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