FxMath X-Trader EA Review

The FxMath X-Trader EA is an automated trading tool developed for the MetaTrader 4 platform. Based on mathematical models, the advisor identifies the most likely trend direction for the next few days and opens the necessary order in a specified time. The signal calculations used by the advisor are based entirely on math.

In this review, we’ll take a closer look at the features of the FxMath X-Trader EA, its strengths and weaknesses, and its suitability for different types of traders. By the end of this review, you’ll have a comprehensive understanding of what the FxMath X-Trader EA can do and whether it’s a tool that you’d consider using in your trading activities.

FxMath X-Trader EA Review Strategy

The FxMath X-Trader EA is an expert advisor designed for use on the MetaTrader 4 platform. The advisor is based on mathematical models and uses these models to determine the most likely trend direction for the next few days. The advisor then opens the necessary orders in a specified time based on the calculated signal. The signal calculations are entirely based on mathematical models.

FxMath X-Trader EA Review
FxMath X-Trader EA Review

The FxMath X-Trader EA is primarily developed to trade the USDJPY currency pair, although it can be used on other currency pairs as well. One of the strengths of the EA is that it adapts itself to changing market conditions. It analyzes the market 24 hours a day to find the best trading opportunities.

Another strength of the EA is that it operates with any MT4 broker. This means that it can be used with any MT4 brokerage account without errors. The EA is also designed to avoid high-risk management strategies like grid or martingale, which is a plus for traders who prefer a more conservative approach to risk management.


However, one weakness of the FxMath X-Trader EA is that it relies entirely on mathematical models to generate trading signals. While mathematical models can be accurate, they are not infallible, and the market can behave in unexpected ways, which may lead to losses. Another potential weakness is that the EA is only suited for short-term trading as it only trades based on signals generated for the next few days.

In terms of risk management, the FxMath X-Trader EA does not use high-risk management strategies like grid or martingale. However, it is still important for traders to monitor their accounts closely and adjust their risk management strategies as needed.

Finally, it is recommended that traders test the FxMath X-Trader EA on a demo account before trading with real money. This will allow traders to evaluate the effectiveness of the EA in a risk-free environment and determine whether it is suitable for their trading needs.

FxMath X-Trader EA Review Features

  • It is developed for use on the MetaTrader 4 platform
  • It is based on mathematical models
  • It finds the most likely trend direction for the next days and opens needed order in specified time
  • Its signal calculations are based on math
  • Its primary currency pair is USDJPY, but can be used on other currency pairs
  • It adapts itself to changing market conditions
  • It analyzes the market 24 hours a day to find the best trading opportunities
  • It operates with any MT4 broker
  • It can be used with any MT4 brokerage account without errors
  • It does not use high-risk management strategies like grid or martingale
  • It is suitable for short-term trading
  • It allows traders to evaluate the effectiveness of the EA on a demo account before trading with real money.

FxMath X-Trader EA Review Settings

  • Lot size – the amount of currency units to be traded in a single transaction.
  • Stop loss – the maximum loss the trader is willing to accept on a trade.
  • Take profit – the level at which the trader wishes to exit a profitable trade.
  • Risk per trade – the percentage of the account balance that the trader is willing to risk on a single trade.
  • Maximum spread – the maximum spread that the advisor will allow for opening a trade.
  • Trading hours – the specific hours during which the advisor is allowed to trade.
  • Magic number – a unique identifier assigned to each trade placed by the advisor, used to track and manage trades.
  • Use trailing stop – a feature that allows the advisor to move the stop loss level as the trade moves in the trader’s favor.
  • Trading mode – a feature that allows the trader to choose between different trading strategies.
  • Money management – a feature that allows the trader to manage their risk exposure and account balance.
  • Order comment – a text field that allows the trader to enter notes or comments on each order placed by the advisor.
  • Maximum orders – the maximum number of orders that the advisor is allowed to place at any given time.

FxMath X-Trader EA Review Summary

The FxMath X-Trader EA is a MetaTrader 4 based automated trading tool that identifies trend directions and opens orders based on mathematical models. Its strengths include adaptability to changing market conditions and the use of safe risk management strategies. However, the EA’s weakness is the need for consistent updates and maintenance to ensure optimal performance, which may lead to losses if not done regularly. Traders should demo-test the tool and apply good risk management settings. It is suitable for traders looking for a mathematically-based automated trading tool, but caution should always be exercised, as there are no guarantees of profit in the use of this or any other forex expert advisor on the market.

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