FX Oxygen was released six years ago in 2015. The presentation’s main statement is that we can make 20% of the monthly profits. We don’t know if this is for sure. So, we’re here to help our readers to figure this out. The short look at the presentation lets us know that there’s a lack of information.
FX Oxygen Trading Strategy
- We are not informed what strategies are on the board, but there’s Martingale for sure. According to the hourly chart, it can be a high-impact news scalper.
- The system works on the H30 time frame.
- It trades EUR/USD and USD/JPY currency pairs.
FX Oxygen Features
There are not so many features, settings, and other useful information explained:
- FX Oxygen trades completely automatically on the MT4 terminal.
- The system can make up to 20% monthly according to the main claim.
- According to the trading results, the average monthly profit is 1.35%. It’s hard to get why the developers don’t make these 20% monthly.
- The system is highly reliable.
- It works 24 hours a day.
- The system had shown excellent results for all 10 years.
- There are still 500 copies not sold.
We saw this “500 copies” offer a year ago. There’s a single package provided. It can cost $210. The original price was $295. The package is featured by 24/7 support, free updates, free upgrades, one-lifetime license, reliable mode, and detailed user manual. There’s a 30-day money-back guarantee provided.
FX Oxygen Backtesting Results
We’ve got a USD/JPY backtest report on the M30 time frame. The period was chosen from 2006 to 2015. The modeling quality was 90%. The spreads were two pips. An initial deposit was $10,000. The total net profit has become $366,339. The EA closed 1578 deals. The win rate was 51% for Shorts and 45% for Longs. The maximum drawdown was 24.98% ($80 705, 33).
FX Oxygen Trading Results
The system runs a demo USD account on FXOpen automatically on MT4. The developers mentioned that they tried it on their own money. So, it was a lie. The system trades without leverage. The account has a verified track record, and trading privileges are verified too. It was created on December 11, 2018, and funded at $25,000. Since then, the absolute gain has become +47.38%. An average monthly gain is +1.35%. The maximum drawdown is – 8.96%. No one tracks the account.
There were 304 orders with 1935 pips traded. An average win is 69.88 pips when an average loss is -63.25 pips. The win rate is 52% for Longs and 50% for Shorts. It’s a disgusting result for professional software. An average trade length is four days. The Profit Factor is 1.33.
There are only two currency pairs to work with. The most traded and the most profitable one is USD/JPY with 249 deals and $5932 of the profits.
The system focuses on opening orders 10 minutes after high-impact news.
Thursday with 100 deals is the most traded day.
There is a 27.32% risk of losing 10% of the balance.
The system uses conservative Martingale in trading.
The robot has been making little profits four months in a row in 2021.
FX Oxygen Reputation
There are no testimonials from clients provided. So, we have no idea how it runs on people’s accounts.
FX Oxygen Review Summary
- Strategy – score (5/10)
- Functionality & Features – score (3/10)
- Trading Results – score (5/10)
- Reliability – score (4/10)
- Pricing – score (7/10)
Conclusion
FX Open is a trading advisor that trades high-impact news periods of the European trading session using x4 Martingale if needed to recover after losses. The system doesn’t open many orders keeping them on the market at the same time. Alas, trading results have not convinced us that this is a good system for 2021.
