Menu
Sign In / Sign Up
MyFxBots
Welcome
Visitor
Sign In / Sign Up
A Sold-Out Expert Advisor!
The EA developers team is 12 industrial experts from New York City; a union of long-practiced Forex traders and software developers, started working together in 1998 and began developing Manhattan FX robot in 2008.
Trading Idea
Manhattan FX is a breakout based Forex robot without any martingale, arbitrage or grid strategies involvement.
Specifications
License
The Basic Version is Licensed to 1 Account to Trade on EURUSD only, The Ultimate Version is Licensed for 1 Account to Trade on Both EURUSD and GBPUSD while the 2-License Version is Licensed for 2 Accounts to Trade on Both EURUSD and GBPUSD too.
Compatible Brokers
- Any Broker as Long as it Meets the Following Requirements:
- Raw Spreads and Commission (ECN/STP Accounts).
- 5 Digits Price Feed.
- Large Leverage (1:100 Minimum).
Tickmill, and Scope Markets Forex Brokers are recommended!
Broker / VPS
Tickmill ECN-Pro Account With TradingFX VPS are the Recommended Broker Account / VPS Combination.
Initial Deposit
No Restrictions on Minimum Account Balance.
Support
Email Support via a Dedicated Support Team 24/7.
Updates
Free Lifetime Updates.
Supported Currency Pairs
EURUSD only for the Basic Version and EURUSD, GBPUSD for the Ultimate and 2-License Versions.
MetaTrader Chart Timeframe
M1
Verified Live Trading Results
Demo Account
Started On
2016/04/22 (GMT)
Leverage
1:500
Broker
Tickmill
Starting Balance
$500.00
Total Gain
+323,911.4%
Live Test Summary
Started On
2016/04/22 (GMT)
Account Leverage
1:500
Profit Factor
2.22
Total Gain
+323,911.4%
Absolute Gain
323,911.43%
Monthly Gain
+51.9%
Daily Gain
2.01%
Total Pips
2,542.5
Total Trades
1771
Profit Amount
+1,619,557.14
(%) Won Trades
2,542.5
Drawdown
-11.6%
Backtests
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
1 Minute (M1) 2009.12.31 23:00 - 2016.04.08 22:59 (2014.01.04 - 2016.04.08)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial="f9dade0470d0ab7e77e0b581ee7e0a9278d493a9"; MagicNumber=212646; Comment_="MANHATTAN EU"; Buy_Enabled=true; Sell_Enabled=true; UseMoneyManagement=true; Lots=1; Risk_Long_Expl="Maximum loss in % on each long trade. Number between 1 and 5."; Risk_Long=5; Risk_Short_Expl="Maximum loss in % on each short trade. Number between 1 and 5."; Risk_Short=5; MaxLot=1000; BalanceRisk_Expl="Maximal Drawdown in %. EA stops trading if it is reached"; BalanceRisk=40;
Bars in test
2319639
Ticks modelled
81592553
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Backtests Results
Total net profit
5194945.17
Gross profit
8885323.76
Gross loss
-3690378.59
Profit factor
2.41
Expected payoff
3181.23
Absolute Bal DD
16.50
Maximal Bal DD
251207.57 (11.95%)
Relative Bal DD
11.95% (251207.57)
Total Trades
1633
Short positions (won %)
642 (52.18%)
Long positions (won %)
991 (51.46%)
Profit trades (% of total)
845 (51.75%)
Loss trades (% of total)
788 (48.25%)
Largest Profit trade
347000.00
Largest Loss trade
-64000.00
Average Profit trade
10515.18
Average Loss trade
-4683.22
Maximum consecutive wins (profit in money)
17 (85917.06)
Maximum consecutive losses (loss in money)
12 (-304.32)
Maximal consecutive profit (count of wins)
759000.00 (6)
Maximal consecutive loss (count of losses)
-166778.83 (7)
Avarage consecutive wins
2
Avarage consecutive losses
2
Backtests Settings
Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
1 Minute (M1) 2009.12.31 23:00 - 2016.04.08 22:59 (2014.01.04 - 2016.04.08)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial_Number="f9dade0470d0ab7e77e0b581ee7e0a9278d493a9"; MagicNumber=212646; Comment_="MANHATTAN GU"; Buy_Enabled=true; Sell_Enabled=true; UseMoneyManagement=true; Lots=1; Risk_Long_Expl="Maximum loss in % on each long trade. Number between 1 and 5."; Risk_Long=5; Risk_Short_Expl="Maximum loss in % on each short trade. Number between 1 and 5."; Risk_Short=5; MaxLot=1000; BalanceRisk_Expl="Maximal Drawdown in %. EA stops trading if it is reached"; BalanceRisk=40;
Bars in test
2319441
Ticks modelled
68666761
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Backtests Results
Total net profit
187618.62
Gross profit
352830.91
Gross loss
-165212.29
Profit factor
2.14
Expected payoff
293.15
Absolute Bal DD
17.42
Maximal Bal DD
17078.68 (15.64%)
Relative Bal DD
18.12% (10813.02)
Total Trades
640
Short positions (won %)
334 (51.20%)
Long positions (won %)
306 (56.21%)
Profit trades (% of total)
343 (53.59%)
Loss trades (% of total)
297 (46.41%)
Largest Profit trade
17417.62
Largest Loss trade
-4065.12
Average Profit trade
1028.66
Average Loss trade
-556.27
Maximum consecutive wins (profit in money)
8 (6695.53)
Maximum consecutive losses (loss in money)
7 (-4960.52)
Maximal consecutive profit (count of wins)
23963.14 (5)
Maximal consecutive loss (count of losses)
-7728.08 (4)
Avarage consecutive wins
2
Avarage consecutive losses
2
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
1 Minute (M1) 2009.12.31 23:00 - 2016.04.08 22:59 (2010.01.04 - 2016.04.08)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Serial="f9dada0470d0ab7e77e0b581ee7e0a9278d493a9"; MagicNumber=212646; Comment_="MANHATTAN EU"; Buy_Enabled=true; Sell_Enabled=true; UseMoneyManagement=false; Lots=1; Risk_Long_Expl="Maximum loss in % on each long trade. Number between 1 and 5."; Risk_Long=1; Risk_Short_Expl="Maximum loss in % on each short trade. Number between 1 and 5."; Risk_Short=1; MaxLot=1000; BalanceRisk_Expl="Maximal Drawdown in %. EA stops trading if it is reached"; BalanceRisk=30;
Bars in test
2319639
Ticks modelled
81592553
Modelling quality
99.00%
Initial Deposit
$2000.00
Spread
Backtests Results
Total net profit
53929.93
Gross profit
92051.11
Gross loss
-38121.19
Profit factor
2.41
Expected payoff
11.74
Absolute Bal DD
56.00
Maximal Bal DD
552.18 (15.92%)
Relative Bal DD
15.92% (552.18)
Total Trades
4593
Short positions (won %)
1661 (51.54%)
Long positions (won %)
2932 (53.72%)
Profit trades (% of total)
2431 (52.93%)
Loss trades (% of total)
2162 (47.07%)
Largest Profit trade
873.00
Largest Loss trade
-64.00
Average Profit trade
37.87
Average Loss trade
-17.63
Maximum consecutive wins (profit in money)
17 (742.60)
Maximum consecutive losses (loss in money)
12 (-222.25)
Maximal consecutive profit (count of wins)
985.20 (14)
Maximal consecutive loss (count of losses)
-322.75 (10)
Avarage consecutive wins
2
Avarage consecutive losses
2
Trading Strategy
General Trading Features
As a breakout based Forex robot, Manhattan FX always sets a StopLoss for every trade to protect the account, in addition to its clever Money Management system that carefully determines trading opportunities and the suitable lot size for each of them.
Trading Limits
Manhattan FX Trading is limited to 10 lots (1000,000 units) in the 2-License version and 5 lots (500,000 units) in the other 2 versions, this is useful for disallowing unnecessary high positions and is considered a good safety measure.
High Spread Filter
By default, Manhattan FX this built in system forces the robot to cease trading during spreads widening as during summer and before news. This can be stopped manually if not desired.
Important Parameters
Buy Enabled: This option can enable / disable BUY orders excution.
Sell Enabled: This option can enable / disable SELL orders excution.
MoneyManagement: This is a switch between automated money managerment (if set to true) or manually setting a fixed trading lot size (if set to false).
Fix Lot Size: If MoneyManagement is set to false, here you can set the desired trading lot size manually.
Long trade risk: This is a percentage (%) value to set the maximum loss for every Long (BUY) trade.
Short trade risk: This is a percentage (%) value to set the maximum loss for every Short (SELL) trade.
** Please note that Long trade risk and Short trade risk refer to only ONE trade.
Maximum lot: This option determines the maximum lot size of the trades.
Balance Risk: This is the highest allowed drawdown as a percentage of the account balance, which if reached, Manhattan FX will stop trading to protect your account.
Ng Kok Wee
Mon, 27 Jun 2016
May I know does your EA any money back guarantee? Does it be able to cover for all market condition? How reliable for long run? Any technical support if I am facing any problem?
Thank you!
MyFxBots Admin
Thurs, 2 Aug 2018
You can read Manhattan Agreement Click2Sell, it's explaining the info you requested in details!
Dace Lim
Mon, 27 Jun 2016
May I know does your EA any money back guarantee?
MyFxBots Admin
Thurs, 2 Aug 2018
You can read Manhattan Agreement Click2Sell, it's explaining the money back guarantee organized by Click2Sell in details!
Tags
Valery Trading
Tickmill
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
Algocrat AI
IC Markets
FBS
HF Markets
Volatility Factor Pro
XM
Waka Waka
RoboForex
Forex Diamond
Perceptrader AI
Traders Academy Club
InstaForex
Alpari
GPS Forex Robot
StrategyQuant X
Forex Combo System
Forex Trend Detector
GrandCapital
Telegram Signal Copier
Omega Trend
FX Scalper
SMRT Algo
Golden Pickaxe
Broker Arbitrage
IronFX
AMarkets
FXVM
Binance
Quant Analyzer
FxPro
Forex Gold Investor
RayBOT
TradingFX VPS
ForexSignals.com
ACY Securities
AlgoWizard
News Scope EA PRO
Quant Data Manager
ForexTime
Pump Trader Robot
Smart Scalper PRO
FXCharger
FX Choice
BlackBull Markets
Commercial Network Services
Libertex
Gold Scalper PRO
LeapFX Trading Academy
FX-Builder
Happy Bitcoin
Forex VPS
Magnetic Exchange
MTeletool
Gold Miner
Telegram Copier
Swing Trader PRO
FX Secret Club
Forex Robot Academy
Evening Scalper PRO
Forex Robot Factory (Expert Advisor Generator)
Best Free Scalper Pro
VPS Forex Trader
Happy Forex
ByBit
Vortex Trader PRO
QHoster
StarTrader
EGPForex
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.
