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- Forex Robot Review
- Metatrader 4
- Experts
- FXMachine
Profit:
-11.72$
Traders:
59
(38/21)
Most Profit Trade:
14.78$
Most Loss Trade:
-33.66$
Profit Factor:
0.85
Average Loss:
-6.5$
Overview
FXMachine is a software platform specifically designed for Forex trading, boasting impressive real account results. This review provides an in-depth look at the software and its performance, highlighting its key features and benefits.
The Development and Support Team Behind FXMachine
FXMachine is a product of a professional team with an impressive 14 years of experience in the Forex field. Over the years, they have consistently refined their developments and discovered more effective approaches to trading. The team’s philosophy is that the best way to assess an Expert Advisor (EA) is by examining its trading results on a real money account. They believe that an EA without statistics on a real account, or with only a few months of history, is unlikely to be good regardless of how well it performs in backtests or demo accounts.
Trading Strategy and Performance
FXMachine’s trading strategy is based on a multi-currency algorithm that is compatible with any broker. It adopts a low drawdown strategy to ensure that losses are kept to a minimum. The software has been trading on a real account since 2020, demonstrating its effectiveness over an extended period.
The software trades on multiple currency pairs including USDCAD, EURGBP, GBPUSD, and EURUSD. This multi-currency approach provides diversification, which can reduce risk and increase the potential for returns. The software is designed to open no more than 1-2 orders based on signals and close them in profit. If an order fails to reach its profit targets, the software employs proven strategies to manage the situation effectively.
FXMachine’s Innovative Approach
While developing FXMachine, the team opted for a non-standard approach to market analysis, using indicators, price movement, and bar analysis in innovative ways. This resulted in unique results, leading to the development of algorithms for managing orders opened based on these signals. This innovative approach sets FXMachine apart from other Forex trading software in the market.
Practicality and User Experience
FXMachine offers a user-friendly interface that is easy to navigate. It is suitable for both novice and experienced traders, providing a wide range of tools for forex market analysis. The software has been designed for practical use, with a focus on real account results rather than hypothetical backtests or demo account results.
Frequently Asked Questions
Is FXMachine easy to use?
Yes, FXMachine is user-friendly and designed to be easily navigable for both beginner and experienced traders.
Which currency pairs does FXMachine trade on?
FXMachine trades on the USDCAD, EURGBP, GBPUSD, and EURUSD currency pairs.
Is the software compatible with all brokers?
Yes, FXMachine’s multi-currency algorithm is compatible with any broker.
Independent testing of this product is available on the forexroboteasy.com website, where users can also subscribe to updates on the results of testing this product. Feedback and user experiences with FXMachine are welcomed and encouraged.
This review is an independent product review, conducted objectively without any affiliation with the product. It is meant to provide potential users with an impartial assessment of FXMachine. The aim is to guide potential users in making an informed decision regarding its suitability for their forex trading needs.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
-0.51%
AVG Daily:
0$
Deposit:
1400$
WithDrawal:
0$
Current Balance:
1392.85$
Profit:
-7.15$
Trading Conditions by FXMachine
Leverage:
100
Account type:
Live
Profitable by FXMachine
Profit:
-0.63%
AVG Daily:
0$
Deposit:
1864.8$
WithDrawal:
0$
Current Balance:
1853.08$
Profit:
-11.72$
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FXMachine Review: Proven Forex Software with Real Account Results
forexroboteasy.com
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Admin Admin
1 review
FXMachine Review: Boost Your Forex Trading Success Now!
FXMachine, in particular, has been a major source of concern. Considering the high price tag attached to this software, one would expect a level of performance that justifies the cost. However, this has not been the case recently. The algorithm seems to be struggling with the EUR pairs, leading to a series of losses that have had a significant impact on my trading portfolio. It's important to note that these platforms have had their moments of brilliance in the past. There have been times when the algorithms have performed exceptionally well, delivering impressive returns. However, the recent downturn in performance is a stark contrast to these past successes. It's a situation that calls for immediate attention and improvement. The EUR pairs are a critical part of the forex market, and any trading software worth its salt should be able to handle them effectively. The current performance of FXMachine and UCONTROL in this regard leaves a lot to be desired. It's a situation that not only affects my trading results but also raises questions about the overall reliability of these platforms. In conclusion, while FXMachine and UCONTROL have their strengths, their recent performance with EUR pairs has been disappointing. The substantial losses incurred over the past few days and last week are a clear indication that improvements need to be made to the algorithms. For the price paid, especially for FXMachine, users like myself expect and deserve better. I hope to see these improvements implemented soon, to restore confidence in these platforms and ensure they deliver the results that traders need.