Royal Hedge Fund EA – Multi-Pair Scalping Robot for MT4

Royal Hedge Fund EA is a multi-pair scalping Expert Advisor for MetaTrader 4, trading major forex pairs and US30 across intraday sessions from 16:00–22:00 GMT.

A verified live account on Myfxbook recorded +223.24% total gain with only 6.03% drawdown from December 2018 through May 2019 — though that signal is now over five years old and requires mandatory demo validation before any live deployment.

Key Highlights

• ✅ Live-verified Myfxbook signal: +223.24% total gain, 6.03% drawdown on a real USD account — see Section 3 for full context on data age
• ✅ Scalps GBPUSD, EURUSD, USDJPY, AUDUSD, GBPCHF, XAUUSD, and US30 within a defined 6-hour trading window
• ✅ Grid-based entry logic with built-in order distance and inhibition controls — not raw martingale exposure
• ✅ Fixed 10-point stop loss per trade with configurable max spread limit keeps single-trade risk bounded
• ✅ Passes two prop firm accounts simultaneously in live US30 testing — evidence of multi-account scalability
• ✅ Source code included — buyers can audit, modify, and fully understand the strategy before risking capital

This EA uses grid-style rapid entries. Traders concerned about compounding grid exposure should compare alternative EA strategies before purchasing.

Performance Results

The primary live signal ran on a real USD account at TRADESTO on MetaTrader 4 with 1:200 leverage. From December 27, 2018 through May 11, 2019, the account grew to $1,118,169.41 on $830,000 deposited — a total gain of +223.24%. January 2019 alone produced +160.56%, driven heavily by GBPUSD (40.5% of volume) and USDJPY (28.6%). Average trade hold times ran 6–42 minutes across pairs, consistent with the scalping design.

A supplementary backtest on EUR/USD H1 across December 2023 showed approximately +13.96% gain on a steady equity curve with minimal visible drawdown. Backtest modeling quality and profit factor statistics were not documented in the available report — treat this as directional evidence only, not a standalone performance claim.

The live signal’s 6.03% maximum drawdown is low for a grid EA — but the January 2019 spike (+160.56% in one month) signals concentrated directional exposure on GBPUSD and USDJPY during that period. A trend reversal during that window could have produced an equally sharp drawdown. Control this risk by limiting capital per pair, monitoring open grid positions daily, and setting the Max Spread Limit parameter to exclude high-spread news events. Realistic outcomes under controlled settings range from steady single-digit monthly gains to temporary equity dips of 15–30% during adverse ranging markets.

⚠️ Archive live signal (Dec 2018 – May 2019) — over 5 years old. Market microstructure, spreads, and volatility regimes have changed materially. Run a minimum 90-day demo on your specific broker before any live deployment. Past performance does not guarantee future results.

How It Works

Strategy: Grid scalping across GBPUSD, EURUSD, USDJPY, AUDUSD, GBPCHF, XAUUSD, and US30 on H1 — exploits short intraday momentum bursts between 16:00–22:00 GMT.

Entry: New orders placed when price moves beyond the ORDER DISTANCE threshold (0.5 points) — rapid sequential entries during directional moves.

Exit: Trailing range controlled by COS parameter (4.0 points); THETA setting (7.0 points) inhibits new orders when price consolidates within a tight range.

Risk Control: Fixed 10-point stop loss per trade; Max Spread Limit set to 5555 by default — tighten this value to filter wide-spread news conditions. Fixed lot 0.01 default with optional MM% sizing.

✅ Best conditions: Trending intraday sessions • Stable spreads below broker’s typical range • Active NY/London overlap hours

⚠️ Caution: High-impact news events (spreads spike past filter) • Deep ranging markets that stall grid exits

Technical Specifications

This EA runs on MT4 only. Need a MetaTrader 5 compatible robot? Browse MT5 EAs

Who Should Use This EA

✅ Ideal for:

• Experienced MT4 traders who understand grid mechanics and can monitor open positions during volatile sessions
• Traders with source code access needs — full .mq4 source lets you audit and customize before deploying real capital
• Multi-account operators running the same strategy across 2+ accounts simultaneously, as demonstrated in the US30 test
• Prop firm challengers — the 6.03% live drawdown fits within most evaluation maximum drawdown thresholds. Browse more prop firm EAs

✅ Best results when:

• Running 90+ day demo first to map behavior across your specific broker’s spread environment
• Capital per pair keeps maximum grid exposure below 5% of total account at any open position state

Download Package Included

• ✅ Experts:
  • Royal Hedge Fund EA MT4 .ex4 (For .EX4 Expert option)
  • Source Code MQ4: Royal Hedge Fund.mq4 ( For Source code Option)
• ✅ Presets:
  • Prop firm Presets

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Frequently Asked Questions