FX FastBot EA

FX FastBot EA Review

Precision Trading at Lightning Speed
With our FX FastBot EA, you can expect quick trading results. Typically, it takes just a few hours from opening an order to closing it in profit.

About FX FastBot:

We’ve discovered a unique strategy that is incredibly effective and successful. It takes advantage of the specific characteristics of the AUDCAD currency pair, getting the maximum potential from it. What’s most valuable is that this feature is consistent, not something short-term – our very first live account was launched in 2021 (Moderate profile (V1)). This robot operates exceptionally fast, typically closing orders within a couple of hours (sometimes within the day), and delivers consistent, smooth profits without periods of loss. The TakeProfit level for most profiles is around 100 points (10 pips), but the Envelopes indicator also works dynamically with TakeProfit, using our own adjustments.

Our robot has 4 trading profiles (FX FastBot Advanced), each with its own settings and features. Additionally, each of these profiles is graded based on the level of risk – you can see this in the profile names. The biggest difference is with the Elevated profile, as it trades simultaneously on two pairs, AUDCAD and EURUSD, and actively uses open orders to generate higher profits or cover the losses of one pair with the profit from the other. In other words, they work in conjunction, analyzing each other in real-time.

Recommendations:

FX FastBot doesn't have particularly strict requirements for spread. The maximum spread for AUDCAD on regular accounts should be 40 points (4 pips on 4-digit quotes) or lower. For ECN accounts, it should be 15 points or less. The EA has a built-in system that prevents opening an order if the spread suddenly jumps above the recommended level. However, if the spread returns to normal and the price for opening the order remains the same or becomes even more favorable, FX FastBot will open the order. Of course, the smaller your spread, the more you can earn.

When trading with 100% risk, your leverage should be 1:100 or higher – as the risk decreases, the leverage requirement becomes lower. Additionally, the recommended minimum deposit is between $600 and $1500, depending on the selected profile settings.

Attention! This robot can operate with US brokers (NFA), but only on Netting accounts.

Features:

• Fast and accurate trading
  Open orders are usually closed in profit within a couple of hours – sometimes it takes longer, but that’s more of an exception. This allows us to trade more frequently and earn more as a result.
• The win rate of trades is 75%
  The robot has a high trading accuracy, outperforming most other robots. This is achieved by identifying certain patterns in AUDCAD and determining a fairly accurate range for the price movement.
  It prioritizes trading with the trend.
• Focus on one pair
  This approach helped us achieve success, as instead of creating a bunch of different settings for all pairs without focusing on the unique characteristics of each, we decided to study and analyze one pair, AUDCAD, and get the maximum potential from it. We then started doing the same with EURUSD, and that's how the idea for the Elevated profile was born.
• Works on MT4 and MT5
  When you purchase FX FastBot robot, you receive both versions and can trade on either the MetaTrader 4 or MetaTrader 5 platform – all for your convenience.
• Drawdown limitation
  Account security is the most important thing. That's why our robot has a drawdown limitation and will not allow you to incur losses beyond what you’ve set in the settings. However, after trading on all 4 unique profiles on live accounts, we’ve never had to limit drawdown (Stop Loss).

You get:

1. One license for any account
2. The possibility to change account numbers online
3. Both versions of the robot for MT4 and MT5
4. Free and timely updates
5. A detailed User Manual
6. Fast and experienced support 24/7