Elise Hedge EA MT4 (Original version)

What is Elise Hedge EA MT4?

Elise Hedge EA MT4 is a fast and professional Expert Advisor designed for the MetaTrader 4 (MT4) platform. This EA specializes in trading major currency pairs including EURUSD, GBPUSD, GBPJPY, USDJPY, and EURJPY, delivering consistent and efficient trading performance.

Core Features of Elise Hedge EA MT4

• Automation System: Fully automated to minimize trading psychology impact and maximize profits
• Capital Management: Adaptive settings to align with current market conditions, optimizing performance and protecting capital
• Advanced Martingale Strategy: Uses a sophisticated Martingale approach with a fixed lot size to balance risk and reward
• Multi-timeframe Compatibility: Works effectively from M1 to H1 timeframes across multiple pairs

Additional Features

• Preset configuration files (SetFiles) included for ease of use
• NoDLL product type ensuring easy installation and fewer technical issues
• Compatible with recommended brokers like Exness and ICMarkets
• Recommended VPS hosting options (MyfxVPS with low latency and free trial periods)

Why Choose Elise Hedge EA MT4?

• Proven Track Record: Verified long-term trading tests demonstrating consistent, stable profits with high safety
• User-Friendly: Easy to set up with preset files and clear recommended settings from experts
• Risk-Managed Trading: Combines advanced capital management and hidden stop loss strategies to safeguard investments
• Cost-Effective: Available at a discounted price, offering excellent value for professional-grade automation
• Trusted by Professionals: Positive reviews from traders.
• Professional support and update access via Telegram channel and membership

Elise Hedge EA MT4 Backtest Results

• Initial Deposit: $2,000
• Total Net Profit: $2.361
• Win Rate (Profit Trades): 80.38%
• Max drawdown: 37.75%

Elise Hedge EA MT4 Backtest Results

What’s Included in the Download Package?

• Experts: Elise Hedge EA_1420+.ex4
• Presets: GBPUSD H1 2000$.set

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How To Set Up EA

🔻This setup favors low initial risk with a small lot size and conservative scaling. The absence of automated risk management and news filters suggests a strategy relying on manual monitoring or a stable market environment. The use of distinct magic numbers and layered orders indicates a structured hedging approach to manage positions effectively.

Elise Hedge EA MT4 setting

• Lots: Set to 0.01 for a low initial trade size.
• Layer Multiplier: 1.21 to increase lot size progressively on each layer.
• PipStep: 21 pips distance between each order layer.
• MaxLots: Maximum lot size capped at 10.0.
• TakeProfit: Set take profit target at 34 pips.
• TotalEquityRisk: Limit equity risk to 20%.
• Trailing Stop: Disabled (UseTrailingStop = false).
• Trail Start/Stop: Start trailing at 13 pips and stop at 3 pips.
• Magic Numbers: Unique IDs for orders (852791, 852792, 852793) for easy tracking.
• Order Limits: Maximum 50 trades per order setting.
• Risk Management Features: Manual risk management with MM, UseEquityStop, and UseNewsFilter disabled.

Conclusion

In summary, Elise Hedge EA MT4 is a powerful and professional expert advisor tailored for traders seeking consistent, efficient, and risk-managed automated trading on the MetaTrader 4 platform. Specializing in major currency pairs such as EURUSD, GBPUSD, GBPJPY, USDJPY, and EURJPY, this EA combines an advanced Martingale strategy with adaptive capital management to optimize profits while safeguarding your investment.

>>> Reviewed by Jason Stap <<<