Expert Advisor
4.58/5
26 total votes.

Trading Idea

FXOxygen is a martingale EA with a unique trading formula according to which it calculates certain trading hours everyday for opening its trades.

Specifications

License

One license for a real account and unlimited licenses for demo.

Updates

Free lifetime updates.

Manual & Support

A detailed user manual with a 24/7 always friendly support are included.

Refund Policy

30 Day money back guarantee.

Recommended Minimum Balance

EURUSD: A minimum of $700 for Secure, $65 for Boost_1 and $55 for Boost_2 modes.UDSJPY: A minimum of $430 for Secure, $61 for Boost_1 and $72 for Boost_2 modes.

Recommended Lot Size

0.01 for both currency pairs on all modes, Tickmill are recommended.

Supported Currency Pairs

EURUSD and USDJPY

MetaTrader Chart Timeframe

M30

MyFxBots Verified Live Trading Result Statement

Started On
Apr 11, 2019
Leverage
1:500
Broker
Tickmill
Starting Balance
$$10,000.00
Total Gain
+11.91%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Apr 11, 2019
Account Leverage
1:500
Profit Factor
1.24
Total Gain
+11.91%
Absolute Gain
+11.91%
Monthly Gain
1.34%
Daily Gain
0.01%
Total Pips
-1126.2
Total Trades
84
Profit Amount
$1190.97
(%) Won Trades
-1126.2
Drawdown
20.80%
Started On
Jul 17, 2018
Leverage
-
Broker
FXOpen
Starting Balance
$$3,600.00
Total Gain
+122.91%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Jul 17, 2018
Account Leverage
-
Profit Factor
1.29
Total Gain
+122.91%
Absolute Gain
+122.92%
Monthly Gain
8.05%
Daily Gain
0.07%
Total Pips
-401.6
Total Trades
129
Profit Amount
$4424.94
(%) Won Trades
-401.6
Drawdown
35.89%

Backtests

FXOxygen has successfully passed a 10 year backtest with excellent results:

Boost Mode Backtests

This mode can be used to gain large profits in a short period of time, but it's still dangerous for your account.

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
30 Minutes (M30) 2014.01.01 23:00 - 2015.07.29 23:59 (2014.01.01 - 2015.07.30)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Auto_Lot=35; Secure_System=false; Secure_Lot=0.1; Boost1_System=true; Boost1_Lot=0.1; Boost2_System=true; Boost2_Lot=0.1; _=""; __="Other parameters:"; Auto_GMTOffset=false; Manual_GMTOffset=2; Slippage=5; MiniLot_Account=false;
Bars in test
580539
Ticks modelled
1152113
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
1956846.80
Gross profit
3169850.02
Gross loss
-1213003.22
Profit factor
2.61
Expected payoff
3748.75
Absolute Bal DD
583.84
Maximal Bal DD
327875.94 (22.66%)
Relative Bal DD
37.39% (173560.79)
Total Trades
522
Short positions (won %)
285 (93.68%)
Long positions (won %)
237 (88.19%)
Profit trades (% of total)
476 (91.19%)
Loss trades (% of total)
46 (8.81%)
Largest Profit trade
201112.00
Largest Loss trade
-163496.64
Average Profit trade
6659.35
Average Loss trade
-26369.64
Maximum consecutive wins (profit in money)
42 (22285.03)
Maximum consecutive losses (loss in money)
2 (-137652.38)
Maximal consecutive profit (count of wins)
484571.57 (22)
Maximal consecutive loss (count of losses)
-163496.64 (1)
Avarage consecutive wins
11
Avarage consecutive losses
1
View Full Backtest

Backtests Settings

Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
30 Minutes (M30) 2014.01.01 23:00 - 2015.07.29 23:59 (2014.01.01 - 2015.07.30)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Auto_Lot=35; Secure_System=false; Secure_Lot=0.1; Boost1_System=true; Boost1_Lot=0.1; Boost2_System=true; Boost2_Lot=0.1; _=""; __="Other parameters:"; Auto_GMTOffset=false; Manual_GMTOffset=2; Slippage=5; MiniLot_Account=false;
Bars in test
581055
Ticks modelled
1155864
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
708119.72
Gross profit
1354787.85
Gross loss
-646668.13
Profit factor
2.10
Expected payoff
1929.48
Absolute Bal DD
283.51
Maximal Bal DD
99376.57 (15.47%)
Relative Bal DD
32.94% (9607.13)
Total Trades
367
Short positions (won %)
166 (80.72%)
Long positions (won %)
201 (87.06%)
Profit trades (% of total)
309 (84.20%)
Loss trades (% of total)
58 (15.80%)
Largest Profit trade
41311.03
Largest Loss trade
-36162.60
Average Profit trade
4384.43
Average Loss trade
-11149.45
Maximum consecutive wins (profit in money)
19 (3550.55)
Maximum consecutive losses (loss in money)
2 (-72183.12)
Maximal consecutive profit (count of wins)
93931.33 (8)
Maximal consecutive loss (count of losses)
-72183.12 (2)
Avarage consecutive wins
6
Avarage consecutive losses
1

Secure Mode Backtests

This mode is more safe and is recommended for long term profits generation.

View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
30 Minutes (M30) 2006.01.02 00:01 - 2015.07.31 22:59 (2006.01.01 - 2015.08.01)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Auto_Lot=35; Secure_System=true; Secure_Lot=0.1; Boost1_System=false; Boost1_Lot=0.1; Boost2_System=false; Boost2_Lot=0.1; _=""; __="Other parameters:"; Auto_GMTOffset=false; Manual_GMTOffset=2; Slippage=5; MiniLot_Account=false;
Bars in test
3430144
Ticks modelled
6762528
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
147668.38
Gross profit
545574.24
Gross loss
-397905.86
Profit factor
1.37
Expected payoff
103.63
Absolute Bal DD
1275.05
Maximal Bal DD
26515.94 (18.23%)
Relative Bal DD
30.79% (5710.82)
Total Trades
1425
Short positions (won %)
700 (51.14%)
Long positions (won %)
725 (51.31%)
Profit trades (% of total)
730 (51.23%)
Loss trades (% of total)
695 (48.77%)
Largest Profit trade
19760.83
Largest Loss trade
-9984.00
Average Profit trade
747.36
Average Loss trade
-572.53
Maximum consecutive wins (profit in money)
10 (5517.97)
Maximum consecutive losses (loss in money)
6 (-18698.32)
Maximal consecutive profit (count of wins)
20383.58 (2)
Maximal consecutive loss (count of losses)
-19395.79 (5)
Avarage consecutive wins
2
Avarage consecutive losses
2
View Full Backtest

Backtests Settings

Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
30 Minutes (M30) 2006.01.02 00:02 - 2015.07.31 23:52 (2006.01.01 - 2015.08.01)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Auto_Lot=35; Secure_System=true; Secure_Lot=0.1; Boost1_System=false; Boost1_Lot=0.1; Boost2_System=false; Boost2_Lot=0.1; _=""; __="Other parameters:"; Auto_GMTOffset=false; Manual_GMTOffset=2; Slippage=5; MiniLot_Account=false;
Bars in test
3441882
Ticks modelled
6787741
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
366339.44
Gross profit
1291161.79
Gross loss
-924822.35
Profit factor
1.40
Expected payoff
232.15
Absolute Bal DD
350.65
Maximal Bal DD
80705.33 (24.98%)
Relative Bal DD
30.51% (8349.85)
Total Trades
1578
Short positions (won %)
775 (51.35%)
Long positions (won %)
803 (45.58%)
Profit trades (% of total)
764 (48.42%)
Loss trades (% of total)
814 (51.58%)
Largest Profit trade
78749.89
Largest Loss trade
-37775.40
Average Profit trade
1690.00
Average Loss trade
-1136.15
Maximum consecutive wins (profit in money)
7 (809.77)
Maximum consecutive losses (loss in money)
6 (-74267.69)
Maximal consecutive profit (count of wins)
78749.89 (1)
Maximal consecutive loss (count of losses)
-74267.69 (6)
Avarage consecutive wins
2
Avarage consecutive losses
2

FXOxygen Trading Strategy

FXOxygen has two trading modes; a secure (reliable) mode and a boost (aggressive) one, either of which uses the EA unique built-in formula to open trades within certain hours every day.
It has a smart drawdown control system that will not allow your balance to be exposed to loss greater than what you've specified in the EA settings.
This makes FXOxygen always in profit even after loss.

Input Parameters and Settings

Auto_Lot: The part of your account balance in percent which the FXOxygen is allowed to trade and automatically set the lot size according to it.

Secure_System: The reliable long-trem profits trading mode.

Boost1_SystemBoost2_System: The short term high profits modes with different values for TP, SL and trades opening timing.

Secure_Lot, Boost1_Lot & Boost2_Lot: It can be set to the desired lot size if Auto_Lot is set to "0".

Auto_GMTOffset: To detect the broker GMT automatically.

Manual_GMTOffset: It can be set to the desired GMT if Auto_GMTOffset is set to "false".

Slippage: It can be set to the desired Slippage manually, but be cautious when you modify this parameter.

MiniLot_Account: It should be enabled only for accounts with mini or micro lots not for standard and cent accounts with normal lot.

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.