Today I’m analyzing a new Forex robot that promises to gain traders more than 20% profit every single month, BMM TrendHedge EA. According to the sales page, the software is “powered by a unique split hedge technology,” that processes market conditions quickly and helps the software adapt. This sounds like an interesting concept, so I’ll dig in a little deeper as I make my way through the review.
The product is owned and operated by BMM Investments, or beatmarketmakers.com, located in Sweden.
To get in touch with support, traders can click contact us and fill out a form on the main page, or call +371 25 601 262.
I’m not sure why they provide us with a Latvian phone number, when they claim to be located in Sweden. This doesn’t make any sense to me.
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BMM TrendHedge EA Review
The main element of the BMM TrendHedge EA trade logic discussed on the sales page is the split hedge technology that was mentioned in my introduction. This technology works by ensuring each currency pair uses to separate logic modules. “Each module monitors only one direction of the trend.” So, one strategy will be looking at bullish, and the other bearish. Then, using a hedging function, the modules will hedge against each other and attempt to balance open transactions and maintain a smaller drawdown. Of course, you will have to make sure that your broker allows hedging before setting up. Furthermore, they believe that in monitoring micro-level trends that they will be able to increase the probability of winning with each cycle.
This trading strategy is backed up by a promise of 24/7 support, free updates, a detailed user manual, a lifetime license and additional features.
- Type: Forex EA
- Price: $495.95
- Strategy: Hedging
- Timeframe: M5
- Pairs: GBPUSD, EURUSD, AUDUSD, USDCHF
For a lifetime license, it costs nearly $500 for the BMM TrendHedge EA, but they also offer a monthly package at $49.95 a month. Obviously this is still a pretty large price point, but I guess this does give you the opportunity to test the system before spending an even larger amount. There is also a 30 day moneyback guarantee, so you could essentially by the monthly package and then refund it once your tests are complete.
There are currently 2 accounts provided by the vendor. One account has been running since the last week of September, and is showing a gain of just over 6%. The drawdown for this account is already at 23%, so at this point it’s not the best example. Yet, the BMM TrendHedge EA did escape the drawdown, so it isn’t a major concern.
The second account has been running since the middle of April, and showing a gain of over 310%. However, this account does not have its trading privileges or track record verified. Getting these checkmarks in Myfxbook is very easy, so I’m not sure why they haven’t done so. Especially, because they have verify their other account.
This makes me wonder if they are hiding something.
There doesn’t seem to be any real customer reviews available at this point in time. There are a couple quotations on the vendor website from clients claiming that they’ve made 30% profits in a single month, but there is nothing to verify the validity of these claims.
There are certainly interesting elements to the BMM TrendHedge EA, and a big part of that is their explanation of the split hedge technology they are taking advantage of. The only real negatives at this point, is that their accounts aren’t verified and that I can’t seem to find any real community feedback anywhere online. Hopefully this page gives traders the option and opportunity to leave comments and tell us more about the software. With that being said, please leave a comment with your experiences now.