Algorithmic trading has taken financial markets by storm. Sophisticated trading bots powered by machine learning and AI can analyze massive amounts of data, identify patterns, and execute complex trades faster than any human trader. The SebTRI Hedging Scalper bot is one such powerful automated trading system designed specifically for short-term Forex scalping.
An Inside Look at the SebTRI Hedging Scalper Algorithm
The SebTRI Hedging Scalper bot is an expert advisor (EA) built for the popular Metatrader 4 trading platform. It incorporates an advanced hedging algorithm combined with the tried and tested Relative Strength Index (RSI) technical indicator. This enables the bot to capitalize on even the smallest price swings across 3 major currency pairs – EUR/USD, GBP/USD, and EUR/GBP.
By simultaneously trading all 3 pairs and hedging positions in a systematic manner, SebTRI aims to maximize profits while minimizing risk. Extensive backtesting shows that this ingenious approach can deliver exceptional results over the long run. The bot is optimized to run on the 1-hour timeframe which is ideal for scalping volatile short-term moves.
Key Features and Benchmarks
Here are some of the standout features and performance metrics of this algorithmic trading bot:
- 82% winning trades – Based on extensive backtesting over a 7-month period across multiple market conditions.
- +1,472 pips – Total net profit generated over the backtesting period.
- +114% ROI – Return on investment over the 7-month backtest.
- Max drawdown of just -4.8% – Effective risk management through hedging keeps drawdowns minimal.
- RSI filter for entry signals – Relative Strength Index helps time trades precisely for the highest probability of success.
- Auto-adapts to changing volatility – Built-in dynamic algorithms adjust position sizing and TP/SL levels based on real-time volatility.
- 24/5 automated execution – The tireless bot trades around the clock, 5 days a week, for hands-free trading.
- Easy customization – Users can tweak settings like trade allocation, stop loss, take profit, trading times etc.
How Pro Traders Use SebTRI
Here are some examples of how professional and institutional traders utilize SebTRI as part of their overall trading strategy:
- As a portfolio diversifier – The low correlation to mainstream assets makes SebTRI a great way to improve portfolio diversity.
- For scalping profits – The bot excels at repeatedly scalping small profits from short-term high-frequency moves.
- To capitalize on news events – SebTRI can rapidly execute trades around major news events and economic data releases.
- As a hedge against other trades – The bot’s positions can offset exposure from longer-term trades in a portfolio.
- For passive income – Set and forget automated mode allows generating regular trading income hands-free.
Step-By-Step Guide to Setting Up SebTRI
The process of installing and configuring SebTRI is quick and straightforward:
- Download the SebTRI EA file to your Metatrader 4 platform.
- Open the Metatrader 4 data folder and paste the EA file into the Experts folder.
- Restart Metatrader 4 terminal to load the new EA.
- Attach the SebTRI Hedging Scalper EA to a 1-hour chart of any of the 3 currency pairs.
- Customize the input settings as desired – trading times, TP/SL levels, position sizing etc.
- Enable automated trading and SebTRI will immediately start executing trades according to its strategic algorithm.
We recommend initially running it on a demo account to better understand how it trades before going live.
SebTRI Hedging Scalper EA Free Download
SebTRI Hedging Scalper EA is one of the most used EA for the MT4 platform. It is a scalping EA and offer lots of control to the users.
Application Category: MT4 Software
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