FXGAIN FENIX EA MT4 V2.04 with Setfiles

What is FXGain Fenix EA?

FXGain Fenix EA is an advanced algorithmic trading solution that leverages a sophisticated grid-based strategy to navigate Forex markets with precision, particularly excelling on XAUUSD (Gold) pairs. This MetaTrader 4 expert advisor achieved a 1.98 profit factor in backtests and delivered 38.65% growth in live signal performance over 11 weeks. The EA combines dynamic risk management with automated trade execution across multiple currency pairs, offering traders a comprehensive tool for systematic market participation.

Key Takeaway

Overview: FXGain Fenix EA operates as a multi-currency automated trading system with customizable grid parameters, supporting AUDCAD, EURUSD, GBPUSD, EURGBP, and XAUUSD across M5, M15, and H1 timeframes.

Trading Strategy and Algorithm:
• Core Strategy: Grid-based layering system that opens additional positions at calculated intervals when markets move against initial trades, utilizing trend identification algorithms
• Key Elements: StartStep parameter (75 pips initial distance), LayerMultiplier (increases lot sizes for subsequent layers), StepMultiplier (expands grid spacing), combined with take profit targets of 50 pips
• Strategy Logic: EA analyzes market conditions, identifies trend direction, then executes initial trades with predetermined grid layers activated if price moves adversely, allowing profit capture on market retracements

Key Benefits to Users:
• Automated 24/7 Operation: Eliminates emotional trading decisions – Trade-off: Requires understanding of grid strategy risks during prolonged trending markets
• Dynamic Risk Management: Built-in stop loss (5000 pips) and optional trailing stops – Limitation: Large stop loss means substantial drawdown tolerance needed
• Multi-Currency Capability: Diversification across five major pairs – Consideration: Each pair requires adequate capital allocation for grid operations

Verified Performance Data:
• Backtest Results: 454.13 USD profit on 1000 USD (45.4% return) with 1.98 profit factor – Max drawdown data shows grid strategy accumulates floating losses before profit realization
• Live Signal: 38.65% growth over 11 weeks on 35,846 USD account – Note: Performance used 1:2000 leverage, significantly amplifying both profits and risks

Primary Risks: Grid strategies can experience substantial drawdowns during strong directional market moves without adequate retracements, requiring careful capital management and parameter optimization.

Recommendations for FXGain Fenix EA

• Trading Platform: MetaTrader 4 (MT4) – Server integration required via http://mt4.lr.one
• Currency Pairs: AUDCAD, EURUSD, GBPUSD, EURGBP, XAUUSD – XAUUSD shows strongest optimization but higher volatility risks
• Supported Accounts: ECN and Standard accounts compatible – ECN recommended for tighter spreads crucial to grid profitability
• Timeframe: M5, M15, H1 – M15 recommended based on backtest optimization
• Leverage: 1:500 to 1:2000 – Higher leverage amplifies both potential profits and losses; requires strict risk management
• Minimum Deposit: $500 minimum recommended – $1,000+ advisable for better drawdown management given grid strategy nature
• Broker Recommendations: Exness, HTFX for optimal execution quality
• VPS: MyfxVPS.com recommended for consistent operation

For detailed setup instructions and to optimize its performance, please refer to our comprehensive settings guide for the FXGain Fenix EA.

FXGain Fenix EA Review

FXGain Fenix EA delivers systematic grid-based trading with proven 1.98 profit factor backtests, addressing emotional trading challenges while requiring substantial drawdown tolerance. Best suited for intermediate traders comfortable with grid strategy mechanics and adequate capitalization.

Backtest Performance Highlights:
• AUDCAD M15 (2023): 454.13 USD profit on 1000 USD initial deposit, 45.4% annual return
• Profit Factor: 1.98 with 919.15 gross profit versus 465.02 gross loss
• Trade Distribution: Grid system generated multiple layered positions per market setup

Live Signal Results:
• 11-Week Performance: 38.65% growth (13,853.91 USD profit)
• Capital Efficiency: Transformed 35,846.21 USD into 49,700.12 USD
• Leverage Usage: 1:2000 leverage on Exness-Real27 account type

Why Choose FXGain Fenix EA

• Proven Grid Strategy Performance: Delivers consistent 1.98+ profit factors through systematic layering approach – Requires understanding that grid strategies accumulate floating losses before profit realization

• XAUUSD Optimization Excellence: Shows exceptional results on Gold trading with specialized algorithmic tuning – Performance may be pair-specific; other currencies need individual evaluation

• Comprehensive Risk Parameters: Features 5000-pip stop loss and trailing stop options for capital protection – Large stop loss setting means traders must accept substantial potential drawdowns

• Multi-Timeframe Flexibility: Operates effectively across M5, M15, and H1 timeframes – Parameter optimization required for each timeframe to maintain effectiveness

• Live Performance Validation: Real signal account demonstrates 38.65% growth over 11 weeks – Results achieved with high leverage (1:2000) requiring careful risk assessment

Conclusion

FXGain Fenix EA offers a sophisticated grid-based trading solution with validated performance metrics and comprehensive risk management features, particularly effective for XAUUSD trading. Best suited for experienced traders with adequate capital ($1,000+) who understand grid strategy drawdown characteristics and can manage high-leverage positions responsibly.

Get FXGain Fenix EA now!

• Website: eaonway.com
• Telegram Support: https://t.me/+E2r7ipeuS6BjNzFl
• Email Contact: [email protected]
• Product Telegram Channel: https://t.me/FXGainChallengers

FXGAIN FENIX EA MT4 Download Packages:

• Link download experts:
  • FXGAIN FENIX EA MT4.ex4
• Presets:

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