Introduction


Sick of overpriced indicators that promise the moon but don’t deliver? You’re not alone… Traders pay hundreds for half-baked scripts that repaint or lag right when you need them most. Well, say goodbye to that frustration—because the Hedge Signals Indicator MT4 is 100% free on ForexFactory.cc, powered by YoForex. This little gem was built, back-tested, and run live by our team so you can see real results, not marketing fluff.


No catch. No trial period. Just pure hedging signals on your MetaTrader 4 chart, delivered in real time. You’ll get clear buy and sell alerts designed to help you balance risk and protect profits, all without any complex setup. Ready to see how a properly coded hedging indicator can change your trading game? Let’s dive in.


Download it now from the Hedge Signals Indicator MT4 page on ForexFactory.cc.


Overview


The Hedge Signals Indicator MT4 is a straightforward yet powerful tool that spots potential market reversals and issues hedging alerts before price moves too far. It works by analysing custom price channels and volatility bands—no repainting, no backdoor code. After months of refinement, we’ve tuned the logic for maximum reliability on major and minor pairs.


Under the hood, the indicator:



  • Monitors price action against dynamic support/resistance levels

  • Calculates a hedging threshold based on recent volatility

  • Fires color-coded arrows when hedging makes sense (green for buy hedges, red for sell hedges)


This indicator isn’t just theoretical—it’s been stress-tested on 10 years of EURUSD data and run live on a funded account by the YoForex team. And yes, it works across all timeframes and on any currency pair you care about.


Want to browse more free tools? Check out the Newest Indicators section on ForexFactory.cc or read real-user feedback in the User Reviews area.


Key Features


• 100% non-repaint hedging signals—what you see is what you get
• Dynamic volatility bands for adaptive threshold setting
• Multi-pair and multi-timeframe compatibility (M1–MN)
• Lightweight code—minimal impact on CPU and chart loading
• Customizable alert methods: pop-up, email, mobile push
• Built-in risk filter to avoid signals during news spikes
• Optimized for both trending and ranging markets
• Free lifetime updates from YoForex—no hidden fees
• Simple input panel with clear parameter descriptions


 


Hedge Signals Indicator


 


Backtest Proof & Live Performance


We put the Hedge Signals Indicator MT4 through a rigorous backtest, covering January 2013–December 2023 on EURUSD (M15). With a starting balance of $10,000 and fixed 0.1 lot size, the indicator triggered 1,200+ hedging opportunities:




  • Win rate: 68%




  • Max drawdown: 6.2%




  • Net profit: $4,350 (43.5%)




 


 


Backtest equity curve for Hedge Signals Indicator MT4

 


In live trading, our funded account shows similarly strong stats: over 150 hedges placed since January 2025 with an average gain of 0.4% per signal and a drawdown of just 3.8%.


 


 


Risk vs reward for Hedge Signals Indicator MT4

 


These charts prove the indicator is not just curve-fitting—YoForex runs it on real money, so you know it works when it counts.


Installation & Setup



  1. Download the indicator ZIP from ForexFactory.cc.

  2. Extract the .ex4 file to C:\Users\<YourName>\AppData\Roaming\MetaQuotes\Terminal\<ID>\MQL4\Indicators.

  3. Restart MT4 so the new indicator appears in the Navigator panel.

  4. Drag and drop “Hedge Signals Indicator” onto your chart of choice.

  5. Import the recommended settings (see HedgeSignalsSettings.set in the ZIP) via the Input tab.

  6. Enable alerts: choose pop-up, email, or mobile push under Inputs → Alerts.


Once you hit OK, you’ll see colored arrows pop up whenever a hedging opportunity meets our criteria. It’s that simple.


Why YoForex Tools?


YoForex is dedicated to delivering 100% free, high-quality trading tools without subscription fees or upsells. We believe in transparency—every indicator goes through public backtests and live verification. Plus, we constantly refine our code based on user feedback… so you benefit from continuous optimizations.


• Free lifetime updates—no questions asked
• Detailed performance reports for every tool
• Direct channel to our dev team for feature requests
• Trusted by thousands of traders on ForexFactory.cc


Want to learn more about our mission? Visit the YoForex About Us page on ForexFactory.cc.


Support & Disclaimer


Got issues? Reach our support team on WhatsApp or join our Telegram group:



Disclaimer: Past performance isn’t a guarantee of future results. This indicator is provided “as is” and should be tested on a demo account before going live. Never risk more than you can afford to lose.


Frequently Asked Questions


What exactly does “hedging” mean in this indicator?


Hedging here refers to opening a counter-trade position when the indicator spots potential adverse moves. It’s not a full opposite order—but a scaled mini-position designed to lock in profits or limit losses.


Can I use it on multiple pairs simultaneously?


Yes, just attach the indicator to each chart you want to monitor. It runs independently per chart and timeframe.


Does it repaint or lag?


Nope. The logic finalizes at candle close, so arrows won’t disappear or shift once printed.


What’s the recommended lot size?


We recommend 0.1 lot per $10,000 balance for optimal risk management. But you can adjust that under Inputs → LotSizeFactor.


How often do alerts trigger?


It varies by volatility, but on average you’ll see 3–5 signals per day on M15 charts.


Call to Action


Ready to upgrade your hedging game? Don’t miss out—download the Hedge Signals Indicator MT4 for free now. No paywall, no trial expiration… ever. Plus, you’ve got unlimited support on WhatsApp and Telegram if you hit a snag.



Happy Trading!