Forex scalping is a trading technique in which traders invest significant investments for short positions. They come out of the trade after making a profit from a few pips.
Forex hedging is a trading technique in which we open two positions to minimize losses. The open positions are opposed to each other, for example, US and Gold. Hedging is used to safeguard the trading portfolio.
Many brokers offer Expert Advisor for scalping and hedging.
Forex hedging and Scalping EAs are helpful only for traders with high knowledge of both techniques. It can benefit traders who know how to handle the EA using proper risk management. Such EAs are available online for free download, and some are paid.
It is risky to go for paid EAs as the forex world is now full of scammers.
In this post, we’ll learn the top 5 forex EA for scalping and hedging with features and download links
Let’s proceed!
What Is Forex EA Scalper
Forex EA scalper is a fully automated trading system. This system trades 24/7, leaving traders to do other things—this EA analyses the forex market using the most powerful indicators. The scalping EA needs a little more handing to set up. It is used for trading small accounts. To enter the market, this EA uses the primary trend.
This EA has a more than 90% winning rate with proper money management. It is better to test any scalping EA on a demo account for at least a week. Experts never advise spending money on paid Scalping EAs online as most of them are sold by scammers.
What Is Forex EA Hedging
In the MetaTrader platform, hedging EA is a fully automated system that provides a correct framework for your trading activity. This EA has the ability to calculate risk technically and help you in recovering trading losses. The hedging EA can work in any market condition and any account. It can be time and price-based hedging EA.
5 Best Forex EA Scalper and Hedging
Finding the right Ea for scalping and hedging is not an easy task. It requires in-depth research. There are hundreds of options available online. To make this work easy, we have separated a list of the top 5 forex EA Scalper and Hedging. Let’s discuss
1-Hedge Scalping EA
If you are looking for high-quality paid EA, You can get Hedge Scalping EA from the button below. It is a fully automated EA based on safety risk management through Hedging strategies. Its average monthly profit depends on your profit target, lot size, and risk value. It can profit around 400% per month without risking your money.
Features
- The free version is also available
- Requires minimum account balance of $500 or equivalent
- Suitable with M1 and M5 timeframe
- Work best on all pairs specifically, EURUSD, GBPUSD, USDCHF, GBPJPY, AND XAUUSD
2-MT4 Hedge Scalper EA
It’s incredibly challenging to perform Scalping and Hedging at the same time. Using both strategies to make a good profit in the forex market is also profitable. If you want to make it possible to trade the forex market using these two strategies, get this MT4 Hedge Scalper EA.
The system uses a correlation system with different symbols running into the account. It can also be used to try on weaker pairs making a profit from other winning pairs. Moreover, this EA comes with many filter systems, like avoiding news events automatically, huge trended markets, high spreads charged by brokers, etc.
Features
- Correlation system
- 100% fully automated
News filter - Automatic huge trend avoider
- Spread filter system to avoid the spread
- The automatic market analysis system
- Auto adjustable to broker requirement
3-Ultra Hedge Scalper
This Ultra Hedge Scalper is a fully automated Expert Advisor that efficiently combines scalping and hedging strategies.
It has a unique feature of backtesting a 10-year of data with modeling quality of at least 90%. It uses multiple exit strategies, money management, and entry analysis to make a profit. It opens trade when it finds the right opportunity level.
Features
- Works best in H1.
- It takes advantage of the trending price movement of the market.
- When the price breaks out, the accuracy of the entry price begins
- Uses two money management parameters only
- “Money Management” parameters are changeable
- Use Tight Stop-loss at least 30 points or three pips.
- Sure Profit on Trail Stop in pips function
- Easy to set up.
4-Scalping Hedge Grid EA MT4
This Scalping Hedged Grid EA is the perfect Expert Advisor for adding to your portfolio.
The reason is that It uses a high-end algorithm to search for the perfect entry into the market.
You only need to set the grid level per trade, and the maximum allowed positions to control the risk to get the best results. It can be used for all forex pairs on h1 or M30.
Feature
- Easy to set up
- Compatible with many brokers’ platform
- Suitable for longterm time frames h1 and M30
- Easy to set up
5-Infinite Breakout Hedge EA
If you want mainly hedging EA, get Infinite breakout hedging EA. It works best in breakout and hedging only. It can automatically seize every opportunity in any direction but with an increased number of trades.
It is mainly developed to capitalize on the market regardless of the direction it is moving. It starts with a smaller lot size and gradually adds up to a lot in case of reverse market directions.
Features
- Works best on currency pairs EURJPY, EURUSD, GBPUSD, USDCAD, GBPJPY, AUDUSD, USDJPY, NZDUSD,…AUDJPY, XAUUSD, AND MORE…
- Works on all time frames
- Auto recovery management system
- Closes trade automatically
- Trade with or without trend
FAQ
Is scalping profitable for forex?
Yes, profitable for traders who show trading wisdom and patience and spend time. It is essential to focus on risk management along with setting profit margins. Most of the time, traders wipe off the whole account to achieve profit targets. You can make money with forex robots or EAs
Is scalping forex worth it?
Scalping is worthy for only traders who trade short positions. In this type of trading, only short time frames are applied. It can be both profitable as well as harmful. Any mistake in managing risk can wipe off your entire account.
Final Lines
To sum up, Scalping and hedging are two powerful trading techniques. Nothing is common between these two strategies. However, there are traders who use scalp to use hedging or hedge to use scalping. If you are confused about using both techniques simultaneously, you can get the help of a forex EA scalper and hedging.
Never fall victim to scammers by investing huge money in buying such EAs. Try to build your own EA using MQL. The last thing to keep in mind, if your knowledge about these strategies is low, never try EA. First, enhance your knowledge and use the EA on demo for at least 1 to 2 weeks.
You can download all the forex Forex EA Scalper and Hedge free from the button below.