FX Fortnite is an automated forex trading system (forex robot) that has been developed to run in the MetaTrader 4 platform for desktop computers and laptops. Users can simply load FX Fortnite on their platform charts and it will automatically analyse the markets for trading opportunities. When it finds them, the robot can place and manage trades according to the settings implemented. Whilst the FX Fortnite back tests and real verified results show decent historical results, it should be strongly emphasised that past performance is by no means any guarantee of future results.
Although a forex robot can be a hands-off solution for those of you who might not have the time or knowledge required to trade manually, there are some key advantages and disadvantages to consider. In this FX Fortnite Robot review we will take a look the trading strategy that it uses along with the backtests and most importantly, any verified results. Hopefully this will help you to decide if the FX Fortnite Forex Robot is something that you would consider using on your forex trading account.
FX Fortnite EA Features
The FX Fortnite expert advisor (EA) uses the author’s algorithm to analyse the market for divergences and convergences. It is easy to use with detailed setup instructions to help you get setup on your platform. 24/7 support services are there to assist if required.
FX Fortnite EA uses a combination of Trend/Hedge with High/Middle/Low Risk Setting. The developer states that it works best on pair EURCHF on H1 timeframe. Selected hedge/trend following strategies are used in an attempt to achieve superior risk adjusted returns. It implements a lookback straddle approach for evaluating the return characteristics of a trend following strategy. The trades occur when trying to take advantage of high level of volatility.
You can use the robot with the default settings that have already been optimised by the developer or you can create your own bespoke settings. Certainly, you will need to adjust the lot or risk size to a level suitable for your trading preferences. You can trade with the FX Fortnite EA using any account balance or leverage that you wish. As the saying goes, never risk more than you can afford to lose.
FX Fortnite key features include:
- Multiple real and demo account licenses depending on package chosen
- 100% fully automated trading
- Free upgrades and support
- Manual PDF, EA SET files
- 30 Day Money-Back Guarantee
For those of you who have the experience, you are free to experiment with the FX Fortnite Forex Robot settings to develop your own bespoke set files. I would use the MT4 strategy tester to backtest the software across different currency pairs and chart timeframes to discover unique combination of settings that match my trading style and goals. There are recommend currency pairs to use but that does not mean you cannot run it on other financial instruments.
Whilst the FX Fortnite EA is a fully automated forex trading robot, you could always set the software to semi-automated mode in which instance it would send you an alert when it finds a trading signal and you could decide from there if you would like to enter the market or wait for the next opportunity to come along. I would always like to perform my own additional market analysis where possible as extra confirmation for all EA trades. This could include technical analysis, fundamental analysis and price action analysis. Generally speaking, the more aspects of market analysis that you have covered, the more informed your trade decisions can be.
FX Fortnite EA Back Testing
There are some back tests on the FX Fortnite website although the modelling quality is limited to just 90%. These means that they are not as accurate as they can be and did not use variable spreads, commissions or slippage. I would personally use a back-testing software such as Birts tick data suite (TDS) to run some more accurate optimisations over various trading instruments and timeframes to try and find settings suitable to my preferred trading style. I would certainly include spreads, commissions and slippage in these back tests as these components can be the difference between a winning and losing trading strategy. Most of the top forex robots nowadays have 99% modelling quality tests, including the Forex Robotron EA.
FX Fortnite EA Live Results
It is good to see that the developer has provided us with a Myfxbook verified account where we can see the latest FX Fortnite EA results. This can be a good way for you to get an idea of how the robot trades and analyse the latest statistics. Up to date results are one of the most important things too look for when choosing a suitable forex robot. Without them, we wouldn’t have any idea of how good or bad a system has been performing in the current market conditions which are constantly evolving. I think that the FX Fortnite has been doing reasonably well, although perhaps they could work on trying to reduce the drawdown. To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
FX Fortnite EA Conclusion
Overall, the FX Fortnite EA is a basic automated trading system that can run fully automated in the mt4 trading platform. The developer has kindly shared real verified accounts for us to track the FX Fortnite results although the back tests are not as good as they could have been. I would certainly only use this on a demo account at least to begin with to see how things go and familiarise myself with how the robot trades. I would also customise it according to my own trading style and risk preferences, thus, there is some extra potential for those with a knowledge of back testing in the mt4 strategy tester. If you would like to find out more, you can visit the official FX Fortnite robot website using the link below. Otherwise, please feel free to browse my forex robot reviews for some alternative options.
FX Fortnite EA
$149
Pros
- Fully Automated System
- Customisable Settings
- Detailed Instructions
- Full Support
- Free Updates
- Money Back Guarantee
- Verified Results Provided
- Backtests Available
Cons
- MetaTrader 4 Only
- Potentially High Drawdowns
- Limited Backtest Quality
- Limited Currency Pairs
- Requires Ideal Trading Conditions
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
