FXMachine EA is a professional automated trading robot designed for major currency pairs like USDCAD, EURGBP, GBPUSD, and EURUSD. Below is a detailed breakdown of its settings, grouped by category for clarity.
Automatically optimizes settings for specific pairs.
MaxDrawDown (%)
35
Maximum allowed drawdown before stopping the EA.
ManualLot
0.1
Fixed trading lot size.
MaxPairsTogether
10
Max number of currency pairs traded simultaneously.
SpreadLimits
Auto
EA automatically filters high-spread conditions.
ManualSpreadLimits
5 pips
Manual spread limit if auto spread is disabled.
Slippage (points)
10
Maximum slippage allowed for order execution.
Magic
646545148
Unique identifier for trade tracking.
AccMini
False
Mini account setting (disabled).
CloseAll
False
Disable manual closure of all trades.
2️⃣ Signal & Trade Filters
Setting
Value
Description
SignalFilterCoef
5
Filters low-quality signals, higher = stricter.
SignalPower
2
Minimum signal strength required to open trades.
SignalRangeCoef
2
Price range coefficient for valid signals.
SignalSensitivity
7
Sensitivity to market signals (higher = more responsive).
3️⃣ Support Trade Strategy
Setting
Value
Description
SupportTradesCoef
6
Multiplier used for support/recovery trades.
SupportTradesRange
50 points
Distance between each support trade.
SupportTradesTP
50 points
Take profit level for support trades.
MaxTrades
3
Maximum number of trades per cycle.
4️⃣ Take Profit & Stop Loss Logic
Setting
Value
Description
TakeProfit (pips)
100
Fixed take profit distance for initial trade.
StopLoss (pips)
1000
Maximum stop loss distance to allow recovery cycles.
SeekToCloseCoef
2
Multiplier for seeking early closures based on favorable conditions.
MinProfitToClose ($)
10
Minimum profit threshold to close all positions.
SmartMinProfitToClose ($)
1
Smart closure for small profits during high volatility.
5️⃣ Risk Management Controls
Setting
Value
Description
YourSettingsDDControl
True
Activates custom drawdown protection based on your inputs.
✅ Conclusion: Is FXMachine EA Worth It?
FXMachine EA is a fully automated forex robot with strong risk management features, signal filters, and recovery logic. Its 35% drawdown cap, 0.1 fixed lot, and grid recovery strategy make it suitable for:
