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LakshmiFx

FREE

Published: 25 December 2024

Current version: 1.68

LakshmiFx

Name: LakshmiFx
Rating: 4.413793 (29 reviews)
Author: Shomon Robie

4.41

Experts
Shomon Robie
Version: 1.68
Updated: 6 July 2025

LakshmiFX: A Versatile Expert Advisor for Maximizing Market Profitability

LakshmiFX is a straightforward yet powerful Expert Advisor (EA) designed to maximize trading profits. It has been extensively tested on Forex pairs and gold. The EA supports various trading strategies, including Martingale, Dollar-Cost Averaging (DCA), grid trading without Martingale, and trading based on indicators such as Moving Averages (MA), StochRSI, RSI, or a combination of these tools. Additionally, it offers an optional News Filter, utilizing the MT5 built-in economic calendar.

Important Recommendations
Before deploying LakshmiFX in a live market, rigorous backtesting and forward testing are essential. It is recommended to:

Use the EA on a demo account for at least three months.
Conduct both backtesting and forward testing using the MT5 Strategy Tester.
Analyze the results using a quantitative analysis tool (free or paid) for comprehensive evaluation.

Who Is This EA For?
LakshmiFX is designed to pass proprietary trading firm challenges and operate on live proprietary firm accounts. It is equally suitable for personal accounts or institutionally funded accounts.

Why Is LakshmiFX Free?
LakshmiFX was developed for personal use to successfully pass proprietary trading firm challenges, and I continue to use it effectively. Sharing this tool brings me joy, especially if it helps others achieve their trading goals.

That said, not everyone will find immediate success with LakshmiFX. Effective use requires a solid understanding of:

MT5 optimization, backtesting, and forward testing.
Market mechanics and behavior.
Indicators such as trend-following tools, oscillators, and volatility or noise-based metrics.
Portfolio analysis and Monte Carlo simulations.

Due to the complexities involved, developing a comprehensive training program for this EA is beyond the scope of this project. As a result, we are offering LakshmiFX free of charge.

Initially, LakshmiFX will be restricted to Demo accounts. However, if you feel confident in its performance and wish to use it on a Live account, please reach out to us, and we will grant you full access at no cost. This approach is designed to prioritize your safety, as our primary goal is to ensure you avoid any risk of significant account losses.

Wishing You Success
I hope LakshmiFX serves as a valuable tool in your trading journey. With proper preparation and diligence, it has the potential to unlock profitable opportunities. Best of luck!

more...

MuFan 2025.07.14 01:54 #

Excellent performance, highly recommended!

220

Nicolas Cedric Ametozion 2025.07.13 15:40 #

C’est le meilleur bot de trading que j’aie jamais utilisé. J’ai dû en essayer des centaines, en acheter tout autant, et c’est le seul je dis bien le seul qui me rapporte de l’argent chaque jour et chaque mois. It's the best trading bot I've ever used. I must have tried hundreds, buy as many, and it's the only one I say the only one that brings me money every day and every month.

3070

Benjamin Afedzie 2025.06.10 19:11 #

great product

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Filter:

Leng Hour 2025.09.18 18:39 #

User didn't leave any comment to the rating

MuFan 2025.07.14 01:54 #

Excellent performance, highly recommended!

220

Nicolas Cedric Ametozion 2025.07.13 15:40 #

1607

Lydia Kwarteng 2025.06.12 07:40 #

User didn't leave any comment to the rating

3070

Benjamin Afedzie 2025.06.10 19:11 #

great product

103

joehh 2025.06.06 03:01 #

Should be worth thousands $$! Spent many hours finding 5-6 good setups and possibilities are endless. just need to backtest and forward test correctly and with a quant analysing tool that helps too. Testing on Demo is looking good so far.

RAJ SEKHAR 2025.06.03 05:50 #

I had added this to my chart but no trades was taken. Can you tell me how to use it

danieleannan 2025.05.30 00:20 #

User didn't leave any comment to the rating

Karamjeet 2025.05.23 08:05 #

hello bro your EA checked by back testing also in demo account now i am going to put it on live account so please suggest me if any set file available or existing system will work fine...?

9911

Reply from developer Shomon Robie 2025.05.25 22:21 #

existing system will not work and you will loose money. To use this ea you need to do optimization and backtest and find your own setfile and run on demo account to feel comfortable and check if everything is working as per your plan or not. then run it on live account. Otherwise, you will loose money.

Haarpreet Singh 2025.05.15 11:26 #

I did the registration and register my demo account ... in the Dashboard .. that's is needed seems but I don't see the trade been activated can you assist me Shomon

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Reply from developer Shomon Robie 2025.05.17 16:26 #

run the ea on eurusd 1 munite chart with default settings, it will open trade...make delay 0 for immediate trade.

นิธิวัตน์ กุลพินิจ 2025.05.09 11:51 #

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Reply from developer Shomon Robie 2025.05.09 22:30 #

free...for real account as well.

antoniossergio 2025.05.09 01:16 #

How to configure the LakshmiFX EA to operate in the Brazilian market (B3)?

como5v3ago 2025.05.07 14:09 #

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zilby1 2025.05.03 17:48 #

Hi, Looks very promising EA tested on a Demo account, I would like to use it on a live account. Please send me instruction how to activate it on a live account. Regards, Yoram

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Reply from developer Shomon Robie 2025.05.07 08:33 #

Works on live...not instruction needed. U can register at the website for other basic documetations.

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ryanbrooks 2025.05.02 01:43 #

After customizing my personal configuration for GBPUSD M15, I’ve seen much more precise entries. It’s amazing what a tailored setup can do.Big Thanks for the developer !

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Reply from developer Shomon Robie 2025.05.02 22:11 #

You are welcome.

rfc FABIAN 2025.04.29 20:25 #

creo que solo es una broma, no habre ninguna operacion

Dimitar Petkov 2025.04.28 19:21 #

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Reply from developer Shomon Robie 2025.04.30 08:30 #

Yes..it is ready to use on real account. and u do not have to do anything...u can register but it is optional.

b2004ross 2025.04.28 11:42 #

I do not recommend using this product at all, because it does not work with other experts and as soon as it is launched, it closes all open positions of other experts and causes losses... and this is how it hurt me a lot.!!!

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Reply from developer Shomon Robie 2025.04.30 08:36 #

do not use it on real account unless you understand the functionality and do optimization with different parameters and back/forward test to validate your optimization result. after backtesting, u can run your setfile on demo account in live environment to check if your backtest result is producing same or similar output on live account. if yes, you can run on real account. Because you said, it closes other positoins, is it possible you are using same magic number for all the EAs running on you platform. Please share your expert tab, I will check if there is any bug - there could be bugs, but it is highly unlikely there is the kind you are talking about. I do not know how to use a tool, does not mean that the tool is broken!

Geoffrey Esendi 2025.04.23 15:12 #

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Nenad Milijic 2025.04.22 21:52 #

Fantastic EA. Huge potential and opportunities for those who manage to understand it in its entirety. I am asking for a PDF or a video clip with a detailed explanation of all functions. It would help a lot..

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