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FXMachine

Overview of FXMachine

  • FXMachine is a highly intelligent trading system developed for Forex trading.
  • Launched in 2020, it boasts of successful live tests and consistently high profitability with low drawdowns.
  • This trading system utilizes standard market analysis methods like indicators and bar analysis, reimagined for unique data evaluation.

Operational Mechanics

  • The robot aims to open 1-2 orders based on generated signals and prioritizes closing them in profit.
  • When targets aren't met, it activates an exit search mode to minimize losses, occasionally closing at breakeven or small profits.
  • A sophisticated support algorithm accelerates the closing of profitable orders and controls drawdowns effectively.

Key Features

  • Compatible with any broker, making it accessible for traders worldwide. 🌎
  • Advanced drawdown control intelligently manages StopLoss for all orders, ensuring specified limits are observed.
  • User-friendly setup process involving just two clicks for beginners, while advanced settings allow for customized configurations for experienced traders.

Multi-Currency Capability

  • FXMachine is programmed to effectively trade major currency pairs: USDCAD, EURGBP, GBPUSD, and EURUSD.
  • The versatility in currency pair trading optimizes performance tailored to diverse market conditions.
  • It permits further optimization for any currency pair, enhancing its adaptability.

Performance Statistics

  • User reviews highlight average monthly profits ranging from 10-20%, demonstrating a reliable earning potential.
  • The system maintains a maximum drawdown of 35% throughout extensive trading periods.
  • Backtesting results over the past 13 years reassure traders of its long-term reliability and effectiveness.

User Experience and Feedback

  • Many users praise its efficiency and accessibility through multiple reviews, confirming its effectiveness in real trading environments. 💬
  • However, some users express concerns regarding performance during periods of high volatility, indicating areas for improvement.
  • Regular updates and support efforts by the development team hint at ongoing commitment to enhancements.
FXMachine

Easy Rating: 0/0

MQL Rating: 473/11

Ever thought you could automate your trading without gaining a PhD in trading algorithms? Meet FXMachine—a system promising low drawdowns and high returns! But wait, is it as good as it sounds or just another glitch in the trading matrix? Tune in as we reveal the truth about th ...

Release Date: 12/10/2023