Bogie-Hedgehog-V4 Forex Robot

The Bogie-Hedgehog-V4 Forex Robot brings a hedging strategy that opens offsetting positions to manage exposure in ranging or volatile markets to your MetaTrader terminal as a fully automated Expert Advisor. The robot handles entries, exits, and risk controls without manual input, so you can step away from the screen.

What the Bogie-Hedgehog-V4 Forex Robot does

A good match for traders who have done their backtesting homework and want a stable engine to deploy the result.

Key features

• One-direction-only hedging option for accounts with FIFO restrictions
• Logs every decision so you can review trades after the fact
• Opens hedge legs automatically when drawdown crosses your defined threshold
• ATR-based dynamic stop sizing that adapts to current volatility
• Closes the basket on net-positive equity to lock in protected profit

Before you deploy: Use conservative risk settings on the Bogie-Hedgehog-V4 Forex Robot when you first deploy it, then scale up only after you see stable forward results.

Frequently asked questions

How does the Bogie-Hedgehog-V4 Forex Robot work?

The Bogie-Hedgehog-V4 Forex Robot is a Forex Expert Advisor that runs on MetaTrader 4. It opens offsetting buy and sell positions on the same Forex pair to limit directional exposure during ranging or volatile markets, and closes the entire basket when net equity reaches the take-profit target.

Is the Bogie-Hedgehog-V4 Forex Robot safe for prop firm challenges?

Most rule-based Expert Advisors on AutoPipShop are safe for prop firm challenges as long as you use conservative per-trade risk (0.5 to 1 percent) and respect the firm specific daily-loss and drawdown rules. Always read the prop firm rules and forward-test on a demo before risking the evaluation fee.

Do I need programming knowledge to use the Bogie-Hedgehog-V4 Forex Robot?

No. The Bogie-Hedgehog-V4 Forex Robot ships as a compiled .ex4 or .ex5 file. You copy it into your MetaTrader 4 (MQL4/Experts) folder, restart the platform, and drag it onto a chart. Configure the parameters in the dialog box. No code editing required.

What platform does the Bogie-Hedgehog-V4 Forex Robot run on?

The Bogie-Hedgehog-V4 Forex Robot runs on MetaTrader 4 (MT4) on any regulated broker that supports Expert Advisors. An MT5 build is not currently available; check the AutoPipShop notification list to be alerted when MT5 versions are released. A VPS is recommended for stable 24-hour execution.

What account size do I need for the Bogie-Hedgehog-V4 Forex Robot?

Most EAs on AutoPipShop are designed to run on accounts of $500 or more. Smaller accounts work with 0.01 lot sizes and conservative risk-per-trade settings, but commission costs and broker minimums may make accounts under $200 impractical. Always check the EA documentation for the recommended minimum balance.