Introduction


Ever felt the frustration of getting stopped out on EUR/USD or USD/CAD just as the market swings back in your favour? You’re not alone. Many traders struggle to manage risk when volatility spikes, especially on the major pairs. That’s exactly why we built the Hedge EU UC EA – a free, open-source MQ4 Expert Advisor designed to dynamically hedge your exposure on EUR/USD (EU) and USD/CAD (UC). Whether you’re a seasoned pro or just starting out on MT4, this EA gives you a clever safety net, so you can sleep easy when the market gets choppy.


What Is Hedge EU UC EA?


The Hedge EU UC EA is an automated hedging solution coded in MQ4 for MetaTrader 4. It continuously monitors your open EUR/USD and USD/CAD positions. If price action moves against you by a predefined threshold, the EA opens a hedge order in the opposite direction—mitigating drawdown and locking in potential reversal profits. Once the market swings back, both orders close in profit or at breakeven. No martingale, no grid madness… just clean, strategic hedging.


Core Strategy



  • The EA’s strategy revolves around:

  • Dynamic Thresholds – You set pip-based distance triggers for each pair.

  • Symmetric Hedging – Equal lot sizes on both hedge and original trades.

  • Automated Exit Logic – Close both trades together when combined P/L hits your target.

  • Risk Controls – Max open hedges limit, time-based trade expiration, and slippage filters.

  • These cornerstones ensure the EA adapts to changing volatility while preserving your trading capital.



Key Features



  • Free MQ4 Source Code – Fully editable and customizable in MetaEditor.

  • Dual-Pair Focus – Specially optimized for EUR/USD and USD/CAD.

  • Customizable Pip Thresholds – Define how far price must move before hedging kicks in.

  • Combined P/L Target – Set a profit level to close both original and hedge trades simultaneously.

  • Max Hedge Count – Limit the number of active hedge orders to avoid over-exposure.

  • Time-Based Expiry – Auto-close stale trades after your chosen duration.

  • Spread & Slippage Filters – Avoid hedging in high-spread or illiquid conditions.

  • No Martingale or Grid – Pure hedge logic without risky lot-sizing.

  • Lightweight & Efficient – Minimal CPU usage, ideal for VPS or local MT4.


Installation & Configuration



  1. Download the Hedge_EU_UC_EA.mq4 file from our Download Page.

  2. Copy it into your MT4 Experts → MQL4 folder.

  3. Compile in MetaEditor and restart MT4.

  4. Attach to a EUR/USD or USD/CAD chart.

  5. Open Inputs and adjust:

  6. EU_Threshold_Pips (e.g., 20)

  7. UC_Threshold_Pips (e.g., 25)

  8. Combined_TP_Pips (e.g., 15)

  9. Max_Hedges (e.g., 2)

  10. Expiry_Minutes (e.g., 240)

  11. Enable Algo Trading and let it run 24/5.



Why Choose Hedge EU UC EA?


• Transparent & Customizable: Open MQ4 means you can tweak logic to suit your style.
• Risk-Smart Hedging: Only hedge when your rules say so—no hidden grid orders.
• Free & Ongoing Updates: We’re committed to improving the EA based on user feedback.
• Proven Concept: Hedging strategies have long been favored by professional fund managers.


Support & Disclaimer


If you hit any bug or need help configuring your EA, ping us on WhatsApp or join our Telegram group:




Disclaimer: Past performance is no guarantee of future results. Always demo-test before running on a live account. Trade responsibly.



Call to Action


Ready to take control of your EUR/USD and USD/CAD trades? Grab your free Hedge EU UC EA source code now and start hedging like the pros! Unlimited support is just a message away on WhatsApp & Telegram.