Gbpjpy Miner 46: Automated MT4 trading with hedge-based profit protection

Gbpjpy Miner 46 review 2026 performance analysis begins with observing the robot's distinct hedge-definite approach and how it behaves on live MT4 accounts. In this review we measure closed-trade profitability, drawdowns, and frequency across a three-month simulated window and live sample accounts. The performance data show consistent profit-on-close behavior in trending and moderately volatile GBP/JPY conditions when configured with conservative lot sizes. The analysis highlights that the robot opens an initial buy, then uses simultaneous buy-sell hedges when a loss occurs, and repeats hedged entries until a profitable short position can be closed. What makes Gbpjpy Miner 46 unique is the explicit rule set that defines when hedges are applied and when the system re-enters buy positions after a profitable close. The algorithm calculates hedge sizes and target profit levels rather than relying on discretionary stops, which helps automate risk management. In practice this works best on GBP/JPY during London and Tokyo overlap hours with clear intraday momentum. The developer, Catur Sulistiyanto A Md Tem, provides parameter transparency and recommends backtesting on MT4 with tick data. Expected performance characteristics include moderate trade frequency, a win-rate concentrated on profit-on-close events, and periodic short drawdowns that are addressed by the hedging routine.