ANCRUX EA v1.0 MT4 is an automated trading tool that utilizes two popular trading strategies: hedging and Bollinger Bands. The hedging strategy involves opening multiple positions in the opposite direction of an existing trade, reducing the overall risk of a losing position. Meanwhile, the Bollinger Bands strategy uses moving averages and standard deviations to create upper and lower bands around a moving average, indicating overbought and oversold market conditions. The Ancrux EA is compatible with the widely used MetaTrader 4 (MT4) platform.