The installation process of the FXHelix on MT4 is pretty simple. You only need to download the installation files of the robot to your computer and put them into the right folders of your MT4. Learn how to install and run EA on MT4 and trade with FXHelix without problems.
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Read detailed review
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Live trading results
Safe type of trading
Drawdown control
Versions for MT4 and MT5
Statistics
FXHelix - Real
Statistics updatehas been stopped
FXOpen broker has made the decision to close all STP account types. As a result, trading on some (or all) of this vendor's accounts has been interrupted. However, the account information is still being updated, and it is clear that all funds have been withdrawn, not lost. The EA continues to perform well. Over time, new statistics with current trading data will be added. You can find more information here
Due to an exceptional situation, the store's statistics are temporarily not displayed as stopped.
Backtests
In order to fully understand how promising an invented and programmed trading system is, it’s necessary to check it on a backtest first. Having done all the necessary tests on historical quotes (backtest), we were encouraged by the good results. You can look at the detailed results of our tests below, by clicking on the presented graphs.
AUDUSD, 35% RISK
Information about FXHelix
FXHelix in 90% of cases trades without Martingale (increasing of lots), but in rare cases it may slightly increase lots to achieve profit.
The EA is designed in such a way as to always trade in profit. It can open multiple trades to achieve profit.
Our Forex robot analyzes the history of price movements in order to notice a price movement that goes against the expected average movement on a currency pair. Based on this data, the EA makes a decision about opening a trade and its direction.
The main idea of the EA is that a price in the Forex market to a greater extent has a certain amplitude of fluctuation - replacing an upward movement, by a downward movement. Based on this principle, the EA collects a recent data on price movements, in order to find a deviation from the average rate of price movement during a certain period of time. When such a moment has been found, the EA with a high probability finds out which way the price will move, and after that begins to trade.
Our EA uses pending orders to accurately execute each trade, and so that we would not lose anything on requotes and were able to minimize all possible slippage of the opening price. FXHelix is not a Scalper and not an Arbitrage EA, which makes it compatible with any MT4 and MT5 broker. That means, you can repeat the results of trading presented on our account at any honest MT4 and MT5 broker.
Taking into account features of the algorithm and the fact that the EA uses a sufficiently large Take Profit, sometimes trades can stay open in the Market for a long time. However, this does not prevent it from consistently bringing a profit every month. Also, this kind of approach provides a more reliable trading style, which also fits in well with other different strategies. This means FXHelix will work well with almost any other strategies in the same portfolio.
FXHelix works on AUDUSD, and the initial deposit can be as little as $240 using lot 0.01. Our EA can also work with leverage from 1:50 and is compatible with NFA rules.
Purchase includes:
- 1 lifetime license for any account
- Free lifetime updates
- User Manual and best support 24/7
Refund Policy
We provide 30 days full money back gaurantee. If our forex software failed on your account just let us know and we will send you all your money!
"Failed" means you have used recommended settings and our EA had lost more then 40% of deposit.
F.A.Q.
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What is the profit level of the FXHelix on the real/demo account?
The FXHelix has been able to reach the profit level of 877.9% during the live/demo trading period. These results are proven by one of the respected third-party companies.
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What is the drawdown level of the FXHelix on the real/demo account?
The FXHelix has been able to keep the maximum fixed drawdown level of 93.38% during the live/demo trading period.
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How much does the FXHelix cost?
The official developer of the FXHelix has announced the price of the FXHelix to be $249.
full review
FXHelix Review
FXHelix EA developers claim it to be a reliable and high profitable automated trading system that trades in such a way that most of the deals are closed in profit.
Let’s put it through a review and see what is the work of this EA in reality.
Basic information about FXHelix
- Price$249
- Currency pairAUDUSD
- Number of real licenses1
- Support24/7
- RefundAvailable for 30 days in case of losing more than 40% of the initial deposit. A refund is possible only if you use the recommended settings.
Conditions for trading:
- Minimal deposit amount$240
- Time frameany
- TerminalMT4
- Brokerany
Live performance of FXHelix
The EA has drawn a smooth and balanced upward curve through the time of its work as we can see from the EA’s Myfxboook account. Also, the backtests of the EA have shown the same perfect results.
Backtest AUDUSD, 100% RISK
Backtest AUDUSD, 35% RISK
Disclaimer
*The backtests are taken from the developers’ website developers’ website
*The subsequent analysis of the adviser is based on live analytics from the Myfxbook website. We’ll go through the pluses and minuses of the trading system as well as the profit and drawdown analysis.
Drawdown and profitability
So, looking at the charts of the official statistics of the EA we see that the system has shown a pretty high percentage of the drawdown which is equal to 52.14%. It is worth mentioning that this number is the exact highest percentage of the deepest drawdown that has happened on the account on May 17, 2019.
On the graph, we can see a few deep drawdowns that have been recovered without closing. The deepest drawdown has happened on May 17, 2019, and has recovered by Jun 07, 2019. A few smaller drawdowns have happened during October, December 2019, and one in February 2020 but as it happened before the EA has managed to recover and did not lose the deposit.
It could look like an oddly dangerous system if we only take into account the risks but before doing any conclusions let’s see also what is the ratio of profitability of the system.
The gain percentage of FXHelix EA is 742% and it has been on the market since July 2018 which is 22 months already. In this case, the average profitability percentage by month is 33,7 % which is also looking pretty high. So, as we can see the EA can bring an average of 33.7% by month with the drawdown level of 52.14% which is actually very good.
In this case, we should not be afraid of the 50% drawdown, because, on the other hand, the advisor also shows a high level of profitability, which in relation gives us the right to talk about FXHelix EA as the profitable and stable EA.
Drawdown and profitability
So, looking at the charts of the official statistics of the EA we see that the system has shown a pretty high percentage of the drawdown which is equal to 52.14%. It is worth mentioning that this number is the exact highest percentage of the deepest drawdown that has happened on the account on May 17, 2019.
On the graph, we can see a few deep drawdowns that have been recovered without closing. The deepest drawdown has happened on May 17, 2019, and has recovered by Jun 07, 2019. A few smaller drawdowns have happened during October, December 2019, and one in February 2020 but as it happened before the EA has managed to recover and did not lose the deposit.
It could look like an oddly dangerous system if we only take into account the risks but before doing any conclusions let’s see also what is the ratio of profitability of the system.
The gain percentage of FXHelix EA is 742% and it has been on the market since July 2018 which is 22 months already. In this case, the average profitability percentage by month is 33,7 % which is also looking pretty high. So, as we can see the EA can bring an average of 33.7% by month with the drawdown level of 52.14% which is actually very good.
In this case, we should not be afraid of the 50% drawdown, because, on the other hand, the advisor also shows a high level of profitability, which in relation gives us the right to talk about FXHelix EA as the profitable and stable EA.
Drawdown and profitability
So, looking at the charts of the official statistics of the EA we see that the system has shown a pretty high percentage of the drawdown which is equal to 52.14%. It is worth mentioning that this number is the exact highest percentage of the deepest drawdown that has happened on the account on May 17, 2019.
On the graph, we can see a few deep drawdowns that have been recovered without closing. The deepest drawdown has happened on May 17, 2019, and has recovered by Jun 07, 2019. A few smaller drawdowns have happened during October, December 2019, and one in February 2020 but as it happened before the EA has managed to recover and did not lose the deposit.
It could look like an oddly dangerous system if we only take into account the risks but before doing any conclusions let’s see also what is the ratio of profitability of the system.
The gain percentage of FXHelix EA is 742% and it has been on the market since July 2018 which is 22 months already. In this case, the average profitability percentage by month is 33,7 % which is also looking pretty high. So, as we can see the EA can bring an average of 33.7% by month with the drawdown level of 52.14% which is actually very good.
In this case, we should not be afraid of the 50% drawdown, because, on the other hand, the advisor also shows a high level of profitability, which in relation gives us the right to talk about FXHelix EA as the profitable and stable EA.
Final marks
So let’s finish this review by giving appropriate assessments to the FXHelix based on the analysis of its work, statistics, and other factors
Price VS Quality
Profitability / Drawdown
Statistics duration
Backtests
Authors’ rating
AVERAGE
And here goes a small explanation of the marks I gave to the EA. In my opinion, the price is more than suitable for this EA considering that the system has all the tests, good live statistics, and (what is most important) has a history of two years of successful work on the real account.
I gave 4.5 stars to the drawdown/profitability ratio because in the history of its work the system has faced a few deep drawdowns which I can’t ignore even though the results are still good.
As mentioned before, the statistics duration of the FXHelix is around two years which is more than enough to say that the system is stable. Here you have 5 stars out of five.
Backtests. Talking about backtests I think it could have had a longer period to test on. So 4.5 out of 5.
My own opinion of the EA. I consider the system to be good, stable, and profitable but I give it 4 stars out of five because not everyone may like the trading system that may keep open orders on the market for up to 30 days. It does not mean that this fact destroys everything about this system but the fact remains and so I give it solid 4 stars out of five.
At the moment of writing this review, the automated rating system of the ForexStore rated this EA 9.5 points out of 10 which for me looks a bit overrated but still very close.
I hope this helps you, traders! I wish you profitable trading and luck on the market!