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FXMachine is an MT4 expert advisor that trades several currency pairs, using a percentage drawdown limit to size stop losses and a support routine for trades that stay open too long. Trading carries risk.
Get one message the moment it launches, with its price.
FXMachine is an automated expert advisor for MetaTrader 4. It reads the market with common tools such as indicators, price movement and bar analysis, opens a small number of orders per signal, and then manages those orders with a set of exit and support routines. The main risk control is a drawdown limit that you enter as a percentage.
The expert looks for entry signals on the chart and aims to keep the number of orders opened per signal low, usually one or two. The intention is for each trade to close in profit at its target. The listing is tagged under support and resistance, since entries rely on price behaviour at key levels and recent bars.
If a trade does not reach its target after some time, the expert switches to a mode that looks for a way out. Depending on conditions, an order can close at a small profit, at breakeven or at a small loss. When several orders belong to one signal, the expert may try to close them together.
If an order stays open for a long time and neither of the above resolves it, a further routine takes over. Its purpose is to shorten the time a small drawdown stays open. It does not remove the risk of losses, and you should expect losing trades and losing periods.
You set a maximum drawdown percentage. The expert then calculates stop losses for its orders so that the combined loss should stay within that level. Because stops are placed with the orders, the method does not depend on a constant connection to close trades by hand. Slippage, gaps and spread widening can still cause fills away from the intended price.
The robot was built for USDCAD, EURGBP, GBPUSD and EURUSD. Its approach is general, so you can optimise it for other pairs, but you would need to test that yourself. The intended chart timeframe is not listed here, so check the user manual before attaching it.
There are two ways to configure the expert. For a quick start, choose the drawdown limit and accept the prepared parameters. For more control, open the manual section and adjust individual inputs. Exact input names and defaults can differ between builds, so check the input tab and the manual instead of relying on this page.
| Setting | Purpose | What to check |
|---|---|---|
| Drawdown limit (%) | Caps the loss the stops are allowed to add up to | Choose a level that suits your account size and risk tolerance |
| Manual settings section | Lets you change individual parameters | Change one input at a time and test on a demo account |
| Lot sizing | Controls trade volume | Confirm the method and minimum deposit in the manual |
Trading carries risk and you can lose part or all of your deposit. Backtests and live statistics, from any source, describe the past and do not predict future results. Test on a demo account first and use only money you can afford to lose.
For continuous operation, many users run MT4 on a VPS. Make sure your broker allows expert advisors and check its stop level and execution rules before you go live.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Main markets | USDCAD, EURGBP, GBPUSD, EURUSD |
| Other markets | Can be optimised for other pairs by the user |
| Timeframes | Check the user manual for the intended chart timeframe |
| Trade style | Signal entries, exit search, support routine, drawdown-based stops |
| Requirements | MT4 terminal with automated trading enabled and a stable connection |
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No. This listing is the MetaTrader 4 build and only runs on MT4. An MT5 terminal cannot load it. Check the platform shown in the product details before you buy.
The robot was programmed for USDCAD, EURGBP, GBPUSD and EURUSD. It uses a general method, so it can be optimised for other pairs, but that requires your own testing. Run any new pair on a demo account first.
It does not rely on special account conditions, but brokers differ in spreads, commissions, execution speed and symbol names. Test it on a demo account from your broker and check that the symbol names match the chart you attach it to.
The simplest route is to choose your drawdown limit as a percentage and confirm the settings. The robot then uses its built-in parameter set. If you want more control, the manual settings section lets you change the individual parameters. Read the user manual before changing them.
Copy the expert file into the MQL4/Experts folder of your MT4 data directory, restart the terminal or refresh the Navigator, enable automated trading, and drag the expert onto a chart of a supported pair. Allow trading in the properties window.
No. Trading carries risk, you can lose money, and past results, whether backtested or live, do not predict future ones. Test on a demo account and risk only what you can afford to lose.
FXMachine
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