Bogie-Hedgehog-V4C Forex Robot

Designed for MT4, the Bogie-Hedgehog-V4C Forex Robot runs a hedging strategy that opens offsetting positions to manage exposure in ranging or volatile markets on your chosen pairs and timeframes. The robot handles entries, exits, and risk controls without manual input, so you can step away from the screen.

What the Bogie-Hedgehog-V4C Forex Robot does

Works well for traders running multiple charts who want each one managed by clear, repeatable logic.

Key features

• Opens hedge legs automatically when drawdown crosses your defined threshold
• Per-trade stop loss, take profit, and break-even shift option
• Closes the basket on net-positive equity to lock in protected profit
• Fixed-lot or percent-of-equity position sizing
• One-direction-only hedging option for accounts with FIFO restrictions

Before you deploy: Backtest the Bogie-Hedgehog-V4C Forex Robot on your preferred pairs and timeframes, then forward-test in a demo before risking live funds.

Frequently asked questions

How does the Bogie-Hedgehog-V4C Forex Robot work?

The Bogie-Hedgehog-V4C 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-V4C 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-V4C Forex Robot?

No. The Bogie-Hedgehog-V4C 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-V4C Forex Robot run on?

The Bogie-Hedgehog-V4C 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-V4C 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.