XFXea Robot Review

Mar 29, 2021 05:21 PM ET
XFXea Robot Review

XFXea Robot

Type

Robot

Price

$260

Strategy

Unnamed

Compatible Platforms

MT4, MT5

Currency Pairs

AUD/USD and EUR/USD

Timeframe

H1

Recommended Min. Deposit

n/a

Recommended Deposit

n/a

Leverage

n/a

Trade length

Three days

XFXea Robot presentation

XFXea Robot is another powered by Forex Store trading solution. They typically have a one-page presentation. XFXea is not an exclusion. So, the presentation won’t explain to us everything we have to know about this trading system. 

Trading Strategy Explanation

  • The developers didn’t explain what strategy or strategies are behind the system.

  • According to trading results, there are Grids of orders. So, they can be set based on a Price Action strategy.

  • The system works automatically for us on the terminal.

  • “Thanks to special calculations and transaction algorithms, the developers were able to ensure that the system practically doesn’t have loss periods.”

  • After closing with losses, the system applies a recovery algorithm without running Martingale.

  • The Entry Point calculates based on the range indicator data received from the terminal.

  • XFXea trades on two currency pairs: AUD/USD and EUR/USD.

  • The robot is a high-frequency trading solution.

Backtest Data Analysis

XFXea Robot Backtest Data Analysis

We have three backtests with different risks. It’s a 100% risk AUD/USD backtest on the H1 time frame. The period of data was chosen from 2014-2019. The modeling quality was 90.00%. The spreads were three pips. An initial deposit was $5000. The Total Net Profit has become $86,748,970. The Profit Factor was 2.06. The maximum drawdown was insane - 59.89%. The robot closed only 974 deals with a 62% win-rate for Shorts and 74% for Longs positions.

Live Trading Data Analysis

Trading Results

Myfxbook Account

Real (USDCent), RoboForex

Started

September 18, 2018

Deposit

$500.79

Balance

$11105.59

Gain

+2077.19%

Daily

+0.34%

Monthly

+10.60%

Drawdown

53.37%

Profitability

1.66

XFXea Robot Myfxbook

The robot runs a real USDCent account without a track record verified on RoboForex. It means there could be a removed period of data. The system works automatically using technical indicators data from MT4. There’s no leverage mentioned, but it should be. The account was created on September 18, 2018, and deposited at $500.79. Since then, the absolute gain has become +2077.19%. An average monthly gain is 10.60%. The maximum drawdown is unfriendly - 53.37%.

XFXea Robot advanced statistics

There were 449 deals with 2897.3 pips traded. An average win is 32.66 pips when an average loss is -48.50 pips. The win-rate is 68% for Longs and 67% for Shorts. An average trade length is three days. The Profit Factor is 1.66.

XFXea Robot trading results

AUD/USD is the most traded and profitable symbol with 256 deals and $7457.60.

XFXea Robot trading results

The robot trades mostly during the European trading hours.

XFXea Robot trading results

The most frequently traded days are Tuesday (100 deals) and Thursday (98 deals).

XFXea Robot trading results

The robot works with low risks to the account balance.

XFXea Robot trading results

SL levels are deep - over 100 pips. 

XFXea Robot monthly gain

Since February 2021, the system has been wasting the account.

The company

We have no idea of what developers are behind this system. Everything we know is that the robot is powered by Forex Store.

Pricing

XFXea Robot Pricing

The robot has an R-rate on Forex Store. The package costs $260. It includes NFA brokers allowed trading, one lifetime license, two demo licenses, MT4 and MT5 versions, user manual, free updates, and welcome support. The developers provide a 30-day money-back guarantee.

XFXea Robot. The refund policy can be provided only if requirements are met.

The refund policy can be provided only if requirements are met.

Review Summary

Pros

Cons

  • Backtest reports provided
  • No team revealed
  • Verified trading results provided
  • No strategy explanations provided
  • A money-back guarantee provided
  • No settings explanations provided
 
  • No money-management advice given
 
  • The last months are closed with losses
 
  • Weird refund policy requirements set
 
  • No people feedback provided

Conclusion

XFXea is a weird trading solution. The developers could tell little about it when it worked well. Now, after two months lost, the system looks dangerous for a real account. We’d like you to check trading results for half a year or so to be sure that the robot recovers and is updated after a February-March 2021 period. 

Rating: 2/10


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