FXOxygen Review

FXOxygen is an EA that has to help us with automatic trading on our terminal. The presentation seems to be not informative enough. So, it will be a challenge for us to make everything work well. 

FXOxygen at a glance

We would like you to take a look at the following sheet. 

FXOxygen functionality

We have prepared a list of settings that let you understand if the system fits your expectations. 

• The advisor can help us with placing orders automatically on the market. 
• The main terminal to work is MT4. 
• It can provide us with 20% of the monthly profit. 
• Real trading results don’t show that profitability.
• We can work with two pairs: EURUSD and USDJPY. 
• It executes orders on M30. 
• The system was tested on the tick data of the ten-year period. 

We have a price of $210 for the first 500 copies. The original price was $295. The system is delivered with a 30-day refund policy. The devs decided not to explain details about the package. 

FXOxygen trading strategy tests

The presentation is featured by a EURUSD backtest on M30. The data period was from 2009 to 2015. The modeling quality was 90% with 2-pip spreads. An initial deposit was $10,000. It has become $147,668.38 of the total net profit. The system has executed 1425 orders with a 51% accuracy.

What about FXOxygen live trading results

The robot keeps working on a FXOpen-deployed demo account without leverage on MT4. The account has a verified track record. It was deployed on December 11, 2018, and deposited at $25,000. Since then, the absolute gain has become 10.9%. An average monthly gain is 0.28%. The maximum drawdown is 34.81%.

The advisor traded 502 deals with 1203.1 pips. An average win is 68.21 pips when an average loss is 62.37 pips. There are 235.56 lots traded. It works with a low win rate of 48-50%. An average trade length is three days. The profit factor is 1.05.

The advisor works with two pairs where USDJPY is lost in a big way. 

The advisor trades only 2 hours a day.

Thursday with 115 orders executed is the most actively traded day. 

There’s a 91.46% chance of losing 10% of the balance. 

The advisor uses Martingale to increase lot sizes from 0.10 to 1.60. 

We may note that the system has never been a stable solution. 

Customer reviews

The company runs an empty page on Forex Peace Army without any testimonial written. We have a real account connected. It was almost ruined in the past after less than three weeks of trading.