FX Math is a provider of Forex robots and today I’ll be taking a closer look at some of their systems and in specific the H1_EU_2 expert advisor. This product goes for $97 and trades six different pairs all on the H1 timeframe.
Today I’ll be taking a closer look at the software and letting the Forex robot nation community understand my thoughts about the developers of these so-called smart algorithmic trading solutions.
FX Math Review
The FX math system website provides us with a handful of back test data that makes the software look impressive from the beginning of 2012 until now. What I would be more interested in is live or at least demo account results. I’ve seen one account that shows the software over the last few weeks performing admirably but the time period is very short and thus unreliable at this point in time.
The trading strategy for the FX math H1_EU_2 expert advisor is price action taking advantage of three indicators. The system uses the ATR, Ichimoku and Keltner channel Forex indicators to develop a strategy that will work with all meta-trader four builds. The system uses the ATR indicator to find the strong trend and then filters out false signals using the Keltner channel and Ichimoku. A trade is then exited by either a hard stoploss or take profit.
At this point in time I don’t believe there is enough data on FX math for us to give a clear conclusion. I do believe the direction this company is going in is positive because they talk about the strategy they are using and they are very transparent. On the other hand, I’m still waiting to see some long-term results on demo or live accounts. If you something you would like to contribute to this review please leave your comments below and as always feel free to send me a personal email by clicking the contact button at the top of the page.