Welcome to my Hedge Track Trader forex robot review. Hedge Track Trader is an adaptive automated forex trading system which can adapt to different forex market conditions. This is a fully automated forex trading system that runs in the popular MetaTrader 4 (MT4) platform which is free to download. It can place and manage trades on behalf of the user. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
Hedge Track Trader Strategy
One of the main concepts behind Hedge Track Trader is that it hedges using different pairs so it is not your typical buy and sell of one currency pair hedge. Hedge Track Trader dynamically attempts to adjust to current market conditions to identify ranging or trending markets and manage trades accordingly. It trades on 20 forex currency pairs for diversity.
Hedge Track Trader Back Testing
There are no back tests on the website. It would have been useful for potential users to see 99% modelling quality back tests using Birts TDS in the MT4 strategy tester. This could have given an idea of the historical performance but of course would be no guarantee of future performance. For the upmost accuracy, back tests can be conducted using real tick data, variable spreads and including commission, swaps and slippage.
Hedge Track Trader Live Results
Hedge Track Trader Summary
Like all forex robots it is a fully automated forex trading system which means that it will open, close and fully manage trades for you. You can choose the risk you would like Hedge Track Trader to use. It runs on the free MetaTrader 4 trading platform and includes detailed instructions for a quick and easy setup, full support and life time updates. Visit the Hedge Track Trader website for more information.