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Average Ratings 0 Ratings
Description
MyForexPath is an advanced automated Forex trading robot that effectively detects market trends and executes trades based on those insights. It employs sophisticated algorithms and technical indicators, including Moving Averages (MA) and Parabolic SAR, and focuses on three specific currency pairs: AUD/USD, EUR/USD, and USD/CAD. This expert advisor is optimized for use with both MetaTrader 4 and MetaTrader 5 platforms and operates through four independent trading sessions for each currency pair, which increases the frequency of signals while maintaining high quality. Additionally, it features a robust drawdown control system with intelligent stop loss calculations to safeguard against unexpected losses. Backtesting results reveal that, under maximum risk conditions, an initial investment of $1,000 could have potentially escalated to over $11 million on the AUD/USD and EUR/USD pairs, while exceeding $17 million on the USD/CAD pair. When utilizing normal risk settings, the same starting investment may have produced returns ranging from $51,214 to $478,632 across all three currency pairs. With an impressive average win rate of 65–70% per trade, MyForexPath stands out as a reliable option for both novice and experienced traders. Its sophisticated strategies and proven track record make it a compelling choice in the competitive world of Forex trading.
Description
Our Forex robot is designed to generate consistent profits, irrespective of market conditions. Utilizing advanced calculations and trading algorithms, we have achieved a system that minimizes loss periods significantly. Even when XFXea experiences some trades that end in the red, it quickly recovers those losses through a specialized algorithm shortly thereafter. Crucially, this is accomplished without relying on the Martingale principle. The robot determines its entry points through a unique assessment of a specific set of bars, which helps establish a critical trading range. This range guides the timing and methodology of trades initiated by the system. In this account, we aimed to demonstrate the potential profitability of XFXea by adopting higher risk levels. However, it's essential to note that pursuing greater profitability inevitably leads to increased drawdowns, making it a balancing act for traders. Overall, the sophisticated strategies employed by XFXea illustrate how technology can navigate the complexities of Forex trading.
API Access
Has API
API Access
Has API
Pricing Details
$285 one-time payment
Free Trial
Free Version
Pricing Details
$260 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
MyForexPath
Website
myforexpath.com
Vendor Details
Company Name
XFXea
Website
xfxea.com