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CandleHedge EA (MT4) — review, price and free alternatives
MT4 expert advisor$100 on MQL5by Yaw Owusu Ampong
CandleHedge EA is a MetaTrader 4 expert advisor by Yaw Owusu Ampong, sold on the MQL5 Market for $100. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
CandleHedge EA — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Yaw Owusu Ampong
- Price
- $100
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded CandleHedge EA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
CandleSignal EA — Consecutive Candle Signal System with Optional Hedging Basket CandleSignal EA is a fully automated trading system built around a simple, transparent signal: a set number of consecutive same-direction candles.
Before you buy CandleHedge EA
What the developer claims
- When the market shows sustained one-directional momentum, the EA acts — either with clean single-position trading, or with an advanced hedging basket that recovers losing trades instead of closing them at a loss.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- How it handles losing trades. The listing mentions hedging trading. Find out how far it adds to losing positions and what the worst drawdown was.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on CandleHedge EA
Compiled from its public MQL5 listing. FxRobotEasy has not traded CandleHedge EA; what these notes say about how it works comes from that listing.
Overview
CandleHedge EA by Yaw Owusu Ampong represents a comprehensive automated trading solution for MT4 traders. What sets CandleHedge EA apart is its balanced approach to trade execution and capital preservation.
Risk notes
CandleHedge EA implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Yaw Owusu Ampong
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing CandleHedge EA on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Looking for a trend-following robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
CandleHedge EA or Trendopedia AI?
| CandleHedge EA | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($100) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Yaw Owusu Ampong | FxRobotEasy |
CandleHedge EA — questions
What is CandleHedge EA?
CandleHedge EA is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Yaw Owusu Ampong, priced at $100 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does CandleHedge EA work on MT4 or MT5?
CandleHedge EA runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does CandleHedge EA cost?
CandleHedge EA is a paid product listed at $100 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-08-04. It is sold and downloaded through the developer's (Yaw Owusu Ampong) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for CandleHedge EA?
FxRobotEasy has not traded CandleHedge EA on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for CandleHedge EA elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.