Last Updated On Fri, 7 Apr 2023

FXHelix Review Introduction

Trading Idea

To a greater extent, a price in the Forex market has a certain amplitude of fluctuation - replacing an upward movement with a downward one.

Based on this principle, FXHelix collects recent data on price movements to find a deviation from the average rate of price movement during a certain period. When such a moment has been found, the EA with a high probability finds out which way the price will move, and after that begins to trade.

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FXHelix Criteria

License

1 Lifetime license of any account.

Broker /VPS

FXHelix is compatible with any broker with leverage from 1:50. While in order to get the best achievable stability and profitability, we recommend using Golden Pickaxe on IC Markets Forex brokers in conjunction with TradingFX VPS Forex VPS.

Initial Deposit

Can be as little as $240 using lot 0.01.

NFA Compatibility

FXHelixEA is compatible with NFA rules.

Updates

Free lifetime updates are included.

User Manual

Detailed clear user menual in included.

Support

Best support 24/7 is available.

MT5 Compatibility

A version for MT5 is included together with the MT4 compatible version.

Refund Policy

30-day money-back guarantee is offered by the vendor.

Supported Currency Pairs

AUDUSD

MetaTrader Chart Timeframe

H1

MyFxBook Verified Real Money Trading Results Statement

Started On
Jul 21, 2020
Leverage
MetaTrader 4
Broker
FXOpen
Starting Balance
1000

Trading Strategy

FXHelix analyzes the history of price movements in order to notice a price movement that goes against the expected average trend on a currency pair. Based on this data, the EA decides to open a trade and its direction.

FXHelix in 90% of cases trades without Martingale (increasing of lots), but in rare cases, it may slightly increase lots to achieve profit.

It is designed in such a way as to always trade in profit. It can open multiple trades to achieve profit.

FXHelix uses pending orders to accurately execute each trade, and so that we would not lose anything on requotes and were able to minimize all possible slippage of the opening price.

FXHelix is not a Scalper and not an Arbitrage EA, which makes it compatible with any MT4 and MT5 broker. That means you can repeat the results of trading presented on the vendor's account at any honest MT4 and MT5 broker.

Taking into consideration features of the algorithm and the fact that FXHelix uses a sufficiently large Take Profit, sometimes trades can stay open in the Market for a long time. However, this does not prevent it from consistently bringing a profit every month. Also, this kind of approach provides a more reliable trading style, which also fits in well with other different strategies. This means FXHelix will work well with almost any other strategies in the same portfolio.

Last Updated On Fri, 7 Apr 2023

Talk about FXHelix

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

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