How FXHelix works?
The main idea of FXHelix 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.
FXHelix uses pending orders to accurately execute each trade, and so that it 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 broker. That means, you can repeat the results of trading presented on the developer's live account at any honest MT4 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. The EA can also work with leverage from 1:50 and is compatible with NFA rules.
- 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.
- FXHelix 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.