HedgingMartingale MT5 - Free Hedging Expert Advisor
Multi-Pair Trading | 8.23/10 Rating | FREE EA
HedgingMartingale MT5 is a free Expert Advisor for MetaTrader 5 that combines hedging and intelligent risk management with the Martingale strategy. This EA is designed to provide stable performance in strong market conditions where trend direction cannot be easily predicted. When using appropriate set files, it can work on any instrument including FX, Gold, Stock, and Crypto markets.
The EA opens systematic positions in both buy and sell directions, increases lot size after losses following a predefined sequence, and minimizes losses by automatically closing positions in the opposite direction. With version 8.90 and active development, HedgingMartingale MT5 offers advanced features including multiple entry strategies, spread control, gap protection, bank holiday filter, and dynamic pips adjustment.
Performance Overview
🤖 AI Analysis & Personalized Recommendation
Our AI Analysis Results
Based on our comprehensive analysis of HedgingMartingale MT5, here's what our AI system found and what it means for you:
📊 Accuracy: 78%
What this means: The EA shows good accuracy in trade execution. At 78%, it's close to the 80% threshold we consider good, indicating reasonably reliable trade selection. This suggests the hedging and Martingale combination strategy is effective at identifying trading opportunities, though proper risk management is essential given the Martingale component.
💰 Profitability: 7.5/10
What this means: With a profitability score of 7.5/10, this EA shows good profit potential. This score indicates the hedging strategy combined with Martingale can be profitable when used correctly. However, traders should be aware that Martingale strategies require sufficient capital and proper risk management to avoid significant drawdowns.
⚡ Speed: 8/10
What this means: Good speed rating indicates efficient execution for hedging strategies. The EA processes market data quickly to identify opportunities and execute trades promptly. The 8/10 speed score suggests the EA can handle multiple positions and rapid market movements effectively.
🛡️ Reliability: 8/10
What this means: Good reliability score suggests the EA is stable and consistent. The 4.8/5 MQL5 rating with 139 reviews supports this assessment, indicating a well-tested product with active community feedback. The regular updates (version 8.90) and active development contribute to this reliability.
🎨 Customization: 9/10
What this means: Excellent customization score indicates highly flexible configuration options. With multiple entry strategies, spread control, gap protection, bank holiday filter, dynamic pips adjustment, and freeze trading system, traders have extensive control over trading behavior.
⭐ Community Reviews: 8.5/10
What this means: Very good community feedback score reflects positive user experiences. With 139 reviews and 4.8/5 rating, users appreciate the free EA's functionality and developer responsiveness. The high review score suggests the EA delivers on its promises when properly configured.
🎯 Overall Recommendation
Our AI analysis recommends HedgingMartingale MT5 for traders seeking a free hedging EA with advanced features. With good accuracy (78%), solid profitability (7.5/10), and excellent customization (9/10), this EA offers significant value for traders willing to invest time in optimization. The free price point combined with comprehensive features makes it an attractive option for both beginners and experienced traders.
Best suited for: Traders looking for a free hedging EA with extensive customization options. The EA works well on FX, Gold, Stock, and Crypto markets, making it versatile for multi-asset trading strategies. Suitable for traders with sufficient capital to handle Martingale strategies safely.
Consider this EA if: You want a free EA with advanced hedging capabilities, need extensive customization options, trade multiple instruments, and have sufficient capital for Martingale strategies. The EA requires proper configuration and risk management to achieve optimal results.
Key Features & Benefits
🔄 Hedging & Martingale Strategy
Combines hedging and intelligent risk management with Martingale strategy to provide stable performance in strong market conditions where trend direction cannot be easily predicted. Opens systematic positions in both buy and sell directions, increasing lot size after losses following a predefined sequence.
🌍 Multi-Instrument Support
Works on FX currency pairs, Gold (XAUUSD), Stock indices, and Crypto currencies with appropriate set files. Optimization results show successful performance across different instrument types including US30, BTCUSD, and various FX pairs.
📊 Multiple Entry Strategies
Offers various entry strategy options including Candle Direction + ATR and ADX Indicator for maximum flexibility when opening the first position in a cycle. Multiple cycle starting entry strategies have been developed to eliminate risks.
🛡️ Advanced Risk Management
Features spread control, critical spread protection, gap protection, bank holiday filter, and freeze trading system for comprehensive risk management. Automatically closes positions in the opposite direction to minimize losses.
⚙️ Dynamic Adjustments
Includes dynamic volume multiplier (balance-based or equity-based) and dynamic pips adjustment that automatically adapt to market conditions and price changes for optimal performance, especially useful for XAUUSD trading.
🆓 Free EA with Active Development
Completely free Expert Advisor with active development and community support. Version 8.90 with regular updates ensures the EA stays current with market conditions. Developer provides responsive support even for this free product.
Why Choose HedgingMartingale MT5
🎯 Free Professional-Grade EA
HedgingMartingale MT5 offers professional-grade features typically found in paid Expert Advisors, but completely free. With 4.8/5 rating from 139 reviews and active development, it provides exceptional value for traders seeking advanced hedging capabilities without the cost.
⚡ Comprehensive Customization
With a customization score of 9/10, this EA offers extensive configuration options. Multiple entry strategies, dynamic adjustments, freeze trading system, and comprehensive risk management features give traders complete control over trading behavior.
🛡️ Intelligent Risk Management
The EA includes advanced risk management features including spread control, gap protection, bank holiday filter, and freeze trading system. These features help protect your capital while allowing the Martingale strategy to work effectively in favorable market conditions.
Real Market Performance Data
📊 MQL5 Market Statistics
🎯 Trading Strategy Details
Market Performance & User Feedback
📊 MQL5 Market Data
- Rating: 4.8/5 stars (excellent)
- Platform: MetaTrader 5
- Current Version: 8.90
- Price: FREE
- Total Reviews: 139 reviews
- Comments: 318 community comments
- Last Updated: July 2025
📈 User Reviews & Feedback
- Overall Rating: 4.8/5 from 139 reviews
- Positive Feedback: Users praise it as one of the best free EAs, outperforming many paid alternatives
- Versatility: Successful results reported on US30, XAUUSD, and various FX pairs
- Developer Support: Excellent responsiveness and active assistance
- Community: Active user base with 318 comments and ongoing discussions
- Compatibility: Works with prop firms, standard accounts, and various brokers
Screenshots & Interface
Recommended Settings for Optimal Performance
Based on developer recommendations and community feedback, here are the optimal settings for HedgingMartingale MT5:
- Entry Parameters: Set Distance and Take Profit values the same or close (e.g., 1,200 points and 900 points) for each instrument. Optimize entry parameters for each instrument separately.
- Freeze Trading Feature: Optimize and use the Freeze Trading feature to manage risk during unfavorable market conditions.
- After Trade Timer: Give the market 6–12 hours rest by making the After Trade Timer feature "True" to avoid overtrading.
- Dynamic Volume Multiplier: Set Dynamic Volume Multiplier for compound balance growth. Match the Initial Balance parameter with your starting balance for correct volume calculations.
- Dynamic Pips Feature: Test Dynamic Pips feature for pips adjustment in long-term tests, especially for XAUUSD trading.
- Bank Holiday Filter: Use Bank Holiday filter to avoid trading in bad market conditions during holiday periods.
- Multi-Pair Setup: Install this EA on multiple pairs and use the Blocked Magic list to enter trades more frequently while managing risk.
- Gap Protection: Activate the Gap Protection feature to avoid weekend gaps, especially if trading on Friday.
- Account Requirements: For XAUUSD default inputs, minimum deposit of $6000 with 500x leverage is recommended. Calculate required balance carefully based on your trading parameters.
- ATR Optimization: Note that ATR optimization is temporarily disabled on FX instruments, so you don't need to optimize ATR settings for FX pairs.
For detailed setup instructions and optimized set files for BTCUSD, XAUUSD, and FX instruments, download the set files package from the official MQL5 product page.
User Reviews & Feedback Analysis
✅ Positive Feedback
Excellent Free EA
Users consistently praise the EA as one of the best free Expert Advisors available. Multiple reviewers mention it outperforms many paid EAs and appreciate the developer's generosity in providing such a comprehensive tool for free.
Versatile Multi-Instrument Performance
Users report successful results on various instruments including US30, XAUUSD, and other pairs. The EA's ability to work across different markets with proper configuration is highly valued.
Active Developer Support
Users highlight excellent developer responsiveness and support, even for a free product. The developer actively responds to questions and provides assistance with configuration.
Comprehensive Features
Reviewers appreciate the extensive customization options, advanced risk management features, and professional development quality. The EA's configurability is described as "endless" by satisfied users.
⚠️ Risk Concerns
Proper Risk Management Required
Users emphasize that like any hedging EA, proper risk management is essential. The Martingale component requires sufficient capital and careful configuration to avoid significant drawdowns.
Configuration Complexity
Some users find it challenging to find optimal settings independently. The EA requires time and testing to configure properly for individual trading needs and account sizes.
Sideways Market Performance
The developer notes that instruments that tend to move sideways are the EA's "nightmare." Users should be aware that the EA performs best in trending or volatile markets.
Download & Resources
🆓 Download HedgingMartingale MT5
HedgingMartingale MT5 is completely free and available for download on the official MQL5 marketplace. The EA includes comprehensive features, regular updates, and community support.
📚 Official Resources
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Frequently Asked Questions
Is HedgingMartingale MT5 really free?
Yes, HedgingMartingale MT5 is completely free to download and use. The EA is available on the MQL5 marketplace at no cost, making it accessible to all traders regardless of budget.
What instruments can HedgingMartingale MT5 trade?
HedgingMartingale MT5 can trade FX currency pairs, Gold (XAUUSD), Stock indices, and Crypto currencies. The EA requires appropriate set files optimized for each instrument type to achieve best results.
How do I download and install HedgingMartingale MT5?
Download HedgingMartingale MT5 from the official MQL5 marketplace. After downloading, copy the .ex5 file to your MetaTrader 5 Experts folder. Restart MT5 and attach the EA to your desired chart. Configure settings according to your trading preferences and instrument.
What is the minimum account balance required?
For XAUUSD trading with default inputs, a minimum deposit of $6000 with 500x leverage is recommended. However, balance requirements vary based on your trading parameters, lot sizes, and instrument. Always calculate required balance carefully based on your specific configuration.
Does HedgingMartingale MT5 work with prop firms?
Yes, HedgingMartingale MT5 is prop firm ready. The EA is designed to work with high leverage Standard, ECN, Raw accounts, Cent accounts, and prop firm accounts. Ensure your prop firm allows automated trading and hedging strategies.
What are the best settings for HedgingMartingale MT5?
Optimal settings include: setting Distance and Take Profit values close together (e.g., 1,200 and 900 points), using Freeze Trading feature, enabling After Trade Timer for 6-12 hours rest, activating Dynamic Volume Multiplier, using Bank Holiday filter, and enabling Gap Protection for weekend trading. Download optimized set files from the MQL5 product page for specific instruments.
How does the hedging and Martingale strategy work?
The EA opens systematic positions in both buy and sell directions. After a loss, it increases lot size following a predefined sequence (Martingale). It minimizes losses by automatically closing positions in the opposite direction (hedging). The cycle ends when the last position closes with profit.
Is HedgingMartingale MT5 safe to use?
HedgingMartingale MT5 includes advanced risk management features including spread control, gap protection, bank holiday filter, and freeze trading system. However, like any Martingale-based EA, it requires sufficient capital and proper risk management. Always test on demo accounts first and use appropriate position sizing.
How often is HedgingMartingale MT5 updated?
The EA is actively maintained with regular updates. Current version is 8.90, published in May 2025 and last updated in July 2025. The developer continues to improve the EA based on user feedback and market conditions.
Can I use HedgingMartingale MT5 on multiple pairs simultaneously?
Yes, you can install HedgingMartingale MT5 on multiple pairs and use the Blocked Magic list feature to coordinate trading between different instruments. This allows entering trades more frequently while managing overall risk across your portfolio.