FX Classic Trader can be run on any broker and any account type. Before trading on a live account, please test it on a demo account at your broker.

Trading Idea

FX Classic Trader swings between Support/Resistances with continuous indicators analysis & calculations by a really unique trade algorithm to decide when to close and open transactions.

Specifications

License

1 Demo + 1 Real Accounts for the Basic Bundle, 2 Demo + 2 Real Accounts for the Business Bundle, & 3 Demo + 3 Real Accounts for the Premium Bundle.

NFA & FIFO

Fully compatible.

Broker / VPS recommendation

The EA Can Run with Any Forex Broker, while brokers that provide a low spread, minimum leverage of 1:50, leverage between 1:100 - 1:500, and 5 digits price feed are recommended. So, we recommend installing it on TradingFX VPS, and Using it on Tickmill Forex Brokers for the Best Stability and Profitability.

Account Balance

A minimal deposit of $199 for lot 0.01 is recommended.

Updates

Free lifetime updates.

Support

Professional rapid response team 24/7.

Refund Policy

Unconditional 60-Day Money Back Guarantee.

Other Recommendations

FX Classic Trader must be left on 24/7 to run properly.

Supported Currency Pairs

EURGBP

MetaTrader Chart Timeframe

H1

3rd Party Verified Live Trading Statements

Real Money Account

Started On
2020/06/07 (GMT)
Starting Balance
$1,968.18
Total Gain
+229.7%
FxBlue (Test Hoster)

Live Test Summary

Started On
2020/06/07 (GMT)
Account Leverage
Profit Factor
3.38
Total Gain
+229.7%
Absolute Gain
281.75%
Monthly Gain
+14.6%
Daily Gain
0.65%
Total Pips
1,273.1
Total Trades
95
Profit Amount
+2,432.89
(%) Won Trades
1,273.1
Drawdown
-5.0%

Metatrader Strategy Tester Backtesting Reports

View Full Backtest

Backtests Settings

Symbol
EURGBP (Euro vs Great Britain Pound )
Period
1 Hour (H1) 2017.01.02 09:00 - 2020.03.27 22:00 (2017.01.01 - 2020.03.30)
Broker
Model
90.00%
Parameters
Bars in test
21059
Ticks modelled
78179376
Modelling quality
90.00%
Initial Deposit
$499.00
Spread
20

Backtests Results

Total net profit
847111.81
Gross profit
847111.81
Gross loss
-64038.22
Profit factor
13.23
Expected payoff
1825.35
Absolute Bal DD
20.99
Maximal Bal DD
64798.24 (14.78%)
Relative Bal DD
20.45% (362.77)
Total Trades
429
Short positions (won %)
202 (85.64%)
Long positions (won %)
227 (86.34%)
Profit trades (% of total)
369 (86.01%)
Loss trades (% of total)
60 (13.99%)
Largest Profit trade
36251.47
Largest Loss trade
-9124.76
Average Profit trade
2295.70
Average Loss trade
-1067.30
Maximum consecutive wins (profit in money)
24 (361738.28)
Maximum consecutive losses (loss in money)
2 (-210.33)
Maximal consecutive profit (count of wins)
361738.28 (24)
Maximal consecutive loss (count of losses)
-9124.76 (1)
Avarage consecutive wins
6
Avarage consecutive losses
1

FX Classic Trader's Trading Strategy

FX Classic Trader mostly swings between Support and Resistance levels with additive indicator calculations. It was designed to cut losses early and allow good trades to run to maximize gains.

Non-Martingale system.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.