In this post I will be reviewing the FX Oxygen forex robot. Fx Oxygen runs on the popular and free to download MetaTrader 4 trading platform. It is a fully automated forex trading system that will do all the trading for you so you can set and forget it. It includes setup instructions and is suitable for beginners with no prior trading experience.
FX Oxygen Trading Strategy
It is not clear what the strategy used by FX Oxygen exactly is. It will analyse charts for potential trading signals based on the built-in algorithm. When it finds a signal, it can place and manage trades on behalf of the user. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
FX Oxygen Back Testing
FX Oxygen was first back tested on over 10 years of test data to get an overall idea of how it would perform and to assist the developers during the development stage.
It would have been useful for potential users to see 99% modelling quality back tests using Birts TDS in the MT4 strategy tester. This could have given a more accurate idea of the historical performance but of course would be no guarantee of future performance.
For the upmost accuracy back tests can be conducted using real tick data, variable spreads and including commission, swaps and slippage.
FX Oxygen Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
FX Oxygen Summary
FX Oxygen includes licenses, full dedicated support, free lifetime updates, instructions and a money back guarantee. You can find out more information on this forex robot by visiting the Fx Oxygen website.