FX FastBot

FX FastBot EA comes in two versions:

1. FX FastBot – Priced at $369, this version grants access only to the Moderate (V1) profile, which trades exclusively on the AUDCAD currency pair.
2. FX FastBot Advanced – Available for $429, this version includes all four profiles: Moderate (V1), Moderate (V2), Conservative, and Elevated. While most profiles trade AUDCAD, the Elevated profile also includes EURUSD.

As previously noted, the EA operates four live trading accounts on Myfxbook. Three focus on AUDCAD, while one trades EURUSD. The best-performing account is FX FastBot - Moderate (V1), which has been active for three and a half years. Over this period, it has achieved a 1,834.95% profit with a maximum floating drawdown of 45.75%.

Analyzing the performance data of the top-performing Moderate (V1) live account, we can estimate an approximate profit-to-drawdown ratio of 1:1, which is impressive given its extended trading history.

The other three accounts have lower returns but still outperform the average Forex robots:

1. Moderate (V2) – Running on AUDCAD for 21 months, this account has achieved a 224.89% profit with a maximum floating drawdown of 12.05%, resulting in a profit-to-drawdown ratio of about 1:1.1.

2. Conservative – Also trading AUDCAD for 21 months, it has generated a 113.46% profit with a 13.07% drawdown, giving it a profit-to-drawdown ratio of approximately 1:2.

3. Elevated – Active for 26 months, this account trades both EURUSD and AUDCAD, reaching a 258.57% profit with a 31.94% drawdown, leading to a profit-to-drawdown ratio of about 1:3.2.

Based on the information provided by the developer and some observations of robots’ live trading, we can make some conclusions and insights on the internal trading logic and patterns of the system.

FX FastBot EA is designed for high-frequency trading with a structured and calculated approach. The core of its strategy revolves around capitalizing on the specific characteristics of the AUDCAD currency pair, which has historically demonstrated a stable and predictable price range. The robot executes trades swiftly, often closing them within a few hours, ensuring steady profits while avoiding prolonged exposure to market fluctuations.

The EA primarily follows the trend, identifying high-probability trade opportunities based on historical price patterns and real-time market conditions. It integrates the Envelopes indicator, which dynamically adjusts the Take Profit levels (around 10 pips), optimizing exit points for maximum returns. Unlike scalping strategies that require precision with every tick, FX FastBot’s approach is robust enough to maintain a high win rate (75%) without relying on ultra-low spreads or micro-level order execution.

FX FastBot Advanced offers four distinct trading profiles:

1. Conservative – Focuses on quick exits with lower profit targets, minimizing risk.
2. Moderate (V1 & V2) – Balances risk and reward, with V1 closing one order in profit while the other may close at a loss but still maintaining overall profitability. V2, on the other hand, aims to close both orders in profit or with a minor loss.
3. Elevated – The most dynamic profile, trading both AUDCAD and EURUSD simultaneously. It leverages the correlation between the two pairs, allowing one to offset potential losses from the other. This increases trade efficiency while maintaining controlled risk exposure.

Risk Management & Execution

FX FastBot is not reliant on tight spreads, making it compatible with both standard and ECN accounts. It includes a built-in spread filter, preventing trade execution if conditions are unfavorable but allowing re-entry once spreads normalize. The drawdown limitation system ensures losses stay within predefined risk levels, with no instances of forced stop losses in live trading across all profiles.

The EA adapts to different risk appetites, offering Safe, Normal, and Aggressive modes. Safe MM is the recommended setting, but traders willing to take on higher risk may opt for Normal or Aggressive MM, which increases potential gains but also raises exposure. Leverage of 1:100 or higher is recommended for optimal performance, and the required minimum deposit ranges from $600 to $1,500, depending on the selected profile and risk settings.

Live Trading Strategy

When analyzing trading history, we can see that the FX FastBot EA mainly operates with rapid trades, holding positions for a short duration, from a few minutes to a few hours. This suggests a scalping or intraday approach, aiming for frequent but modest profits.

The EA seems to employ a mix of strategies, buying at local lows and selling at local highs, a characteristic of mean reversion. However, it also capitalizes on momentum-driven trends, indicating the bot follows price momentum when the market conditions align.

Lot sizes are adjusted dynamically, with trades ranging from 0.01 to 0.04 lots. Larger positions are more common in lower volatility environments or when the bot has higher confidence in a trade setup.

The bot implements a controlled risk management approach, often closing trades with minimal losses. Profitable trades, however, tend to get larger gains, implying a favorable risk-to-reward ratio. While some trades result in small losses (around -0.10% to -0.16%), these are well-managed within the bot’s risk parameters. Winning trades recover these losses swiftly, maintaining a stable equity curve.

FX FastBot EA’s trade duration remains mostly under 24 hours across all trading accounts, reinforcing its rapid trading approach. Only a small portion of trades extend beyond this timeframe, as evidenced by the provided screenshot.Losing trades tend to stay open longer than winning ones, suggesting the bot may hesitate in closing losing positions, which could lead to prolonged drawdowns.

Over a 42-month trading period, the Moderate (V1) version of FX FastBot EA executed 4,717 trades, averaging approximately 3.7 trades per day. This consistent activity underscores the EA's steady engagement in the market. With a win rate of 74% against a 26% loss rate, the bot demonstrates strong performance, particularly when considering its sustained profitability over an extended live trading period.

FX FastBot EA operates seamlessly on MT4 and MT5, with full compatibility for both hedging and netting accounts, making it accessible even to traders using US-regulated brokers. With its proven track record since 2021, this EA presents a compelling solution for traders looking to maximize profits with a structured, adaptive, and trend-driven approach.

FX FastBot EA has demonstrated consistent profitability across multiple live accounts, with a focus on high-frequency trading, primarily on AUDCAD. The bot combines mean reversion and trend-following strategies, dynamically adjusting lot sizes based on market conditions. Its risk management is structured, maintaining a stable profit-to-drawdown ratio, with one account exceeding 1,800% returns over several years. While its rapid trade execution ensures steady gains, it can struggle during strong breakouts, occasionally holding losing trades longer than winning ones. Overall, the EA is well-optimized for controlled risk exposure and sustained profitability.