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Magic FX

3.75

Magic FX is an automated trading system that uses a channel indicator and candlestick patterns to open and close trades.
Trades every day at a specific time. Follows the news, a news filter is installed in the advisor, if important news comes out, the EA does not trade.
Doesn't use grid, martingale or other dangerous money management methods.


Timeframe М5, currency pairs EURAUD, EURCAD, GBPCAD, GBPUSD

Minimum deposit 70 usd.


Live signal https://www.mql5.com/en/signals/833668

Live signal https://www.mql5.com/en/signals/1176110

Demo signal https://www.mql5.com/en/signals/824287


Instructions for installing Magic FX https://Blogs Magic FX

Download the user manual https://Manual Magic FX

Download set files and tests https://Sets Magic FX


Settings EA

  • Order_Comment - Order comment
  • Fixed_Lot - Fixed lot
  • Auto_Lot - Automatic increase of the trading lot, if 0 is not used
  • Maximum_Spread - Maximum allowable spread for opening a trade
  • Stop_Loss - 
  • Take_Profit - 
  • Maximum_Order - Maximum number of open trades
  • Range_Points - Distance between the first and second trade
  • Magic - 
Channel Parameter
  • Period_Channel - Channel period
  • Bars_Channel - Number of bars to calculate
  • Buy_Channel_1 - Channel level for buy
  • Buy_Channel_2 - Channel level for buy
  • Buy_Channel_3 - Channel level for buy
  • Sell_Channel_1 - Channel level for sell
  • Sell_Channel_2 - Channel level for sell
  • Sell_Channel_3 - Channel level for sell
Patterns Parameters
  • Step_Candle - The number of bars to calculate the pattern
  • P_1 - Formula for calculation
  • P_2 - Formula for calculation
  • P_3 - Formula for calculation
  • P_4 - Formula for calculation
News filter
  • GMT - Time zone
  • Importance_News - At what value of news the EA will not trade. Low, medium, high
  • Pause_Before_News - Trading pause in minutes
  • Pause_After_News - Trading pause in minutes
  • Time_Start - Trade start
  • Time_Stop - End of trade
  • TimeEndFriday - End of trade on Friday


Reviews 56
iccapital
494
iccapital 2021.04.23 11:44 
 

Great EA for long term use. Cant just look at 1 month, but the whole picture. Great customer support too

dim-bir
202
dim-bir 2021.03.01 17:46 
 

В отличие от многих скам советником в маркете, этот отлично показал себя в течение более месяца на демо счете! Отличный результат! Достойный советник, чтобы быть в моем реальном портфеле!

David Mallol Vida
445
David Mallol Vida 2021.02.28 18:16 
 

Llevo con este EA en una cuenta real desde el 16 de diciembre de 2020. En enero no ha tenido un buen mes, pero sus resultados desde entonces han sido de un 6% de beneficio con un DD muy bajo. Me parece un robot con una estrategia de inversión muy confiable. Muchas gracias Alexey!!

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Price: 495 USD            This price is for only 3 first buyers ! Next Price: 795 USD     TIOGA is a fully automated   Night Scalper.   It works good on all major currency pairs.  Main strategy is using mean reversion on end of US season. The system focuses only Small and Steady Profits. The EA does not use grid, martingale, averaging or other dangerous strategies.   It uses fixed stoploss for every position. I will always help you, please contact me ! Live Signal   >>>  https://www.mql5.com/
495 USD
Invictus Gold
Evgenii Golovanets
Invictus Gold is an advanced trading algorithm based on the standard and simple Bollinger Bands indicator and trades on Gold as one of the most liquid and popular trading instruments in the world. The algorithm includes a filter of behavioral factors, it analyzes the depth of market, and makes a decision about entering the trade based on the analyzer's filter data. Thus, the Expert Advisor finds optimal points to enter the market, filtering out false entries not supported by stable market behav
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Aura Turbo
Stanislav Tomilov
5 (12)
Aura Turbo is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter whose value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or l
495 USD
Aura Pro MT4
Stanislav Tomilov
5 (2)
Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter which value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or le
595 USD
Candle Banker
Elizaveta Erokhina
5 (1)
Active investments Most investment funds and banks are engaged in passive investments - they buy assets and wait for them to rise in price. While the Expert Advisor Candle Banker EA performs trading. This significantly increases the user's profit. Earns even during the crisis! For the adviser Candle Banker EA, it does not matter what state the world economy is in. Our investment robot makes a profit at any time!! This way, you will increase your capital during any crisis! Your money will st
1 000 USD
LittleCrazy MT4
PAVEL UDOVICHENKO
4.75 (4)
LittleCrazy MT4 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay MT5 LittleeCrazy MT4 PROFITABILITY AND RISK The expected estimated profitability according to the backtest data is about 200% - 400% per year. The expected   max
289 USD
FrankoScalp
Konstantin Kulikov
3.84 (119)
Congratulations! You have come to the page of the longest running Expert Advisor on the Forex market! For more than 5 years, this expert has been at the hearing and in various tops. On any Forex forums you can find discussion topics for the "FrankoScalp" expert, but only on mql5 you can buy the original updated version of the expert, as well as get in touch with the author and get into the friendly "FrankoScalp" user community. Buy Now & Save $250. +$50 for each of the next 10 copies. The usu
288 USD
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Spider Grid EA
Alexey Bolshakov
Spider Grid builds a light network of deals on pullbacks towards the main trend, analyzing the signals of indicators for opening and closing deals from the three of timeframes. EA works at the prices of the opening of the opening of a candle, which significantly reduces the time of testing, optimization and does not require large resources when using a VPS. Currency pairs GBPUSD M15, GBPCAD M15 , NZDCAD M15 Install the Expert Advisor on the M15 timeframe. Download set files -  https:// Spider Gr
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Equalizer FX
Alexey Bolshakov
1 (1)
Equalizer FX is a fully automatic trading system. It works on the EURAUD currency pair M5 timeframe. The trading session lasts one hour per day and is divided into four EURAUD trading pairs. Each currency pair trades for ten minutes and uses different parameters. Each currency pair trades one trade. Thus, the transaction is divided into four transactions with a smaller volume than if we opened one transaction with a larger volume. For example, we want to open a trade of 0.04 lot. We will open
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Magic FX MT5
Alexey Bolshakov
Magic FX is an automated trading system that uses a channel indicator and candlestick patterns to open and close trades. Trades every day at a specific time. Doesn't use grid, martingale or other dangerous money management methods. Timeframe М5, currency pairs EURAUD, EURCAD, GBPCAD, GBPUSD Minimum deposit 70 usd. Live signal  https://www.mql5.com/en/signals/833668 Live signal  https://www.mql5.com/en/signals/1176110 Demo signal  https://www.mql5.com/en/signals/824287 Instructions for
199 USD
Filter:
ow1977mt5
1026
ow1977mt5 2021.07.16 19:30 
 

I only test with small account due to latest drawdown. Will see after one year.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.07.16 19:52
Hello Okke.
Thank you for your interest in Magic FX.
But there is no drawdown, if you look at my signals, the drawdown is on average only about 4%.
Fine
370
Fine 2021.05.24 04:03 
 

Has the author disappeared? HE haven't made a sound for a long time, and HE haven't returned a message for a long time.

B.Lin
131
B.Lin 2021.05.13 11:17 
 

Result speaks for the EA. Also the author has lowered the price massively which seems suspicious.

Tim Sustar
650
Tim Sustar 2021.05.13 11:00 
 

The big account of 300.000 not trading this EA means the EA is just a money grab now. Strongly advise against it.

Jonathan Bastide
259
Jonathan Bastide 2021.05.08 00:37 
 

2021 profit struggling

Markus Woitok
457
Markus Woitok 2021.05.07 08:30 
 

very dissapointing EA. Makes very small profits and when SL´s getting hit it wipes out the profits from 2 months in just 1 night. Wasted money. Look at graph in comment #595

iccapital
494
iccapital 2021.04.23 11:44 
 

Great EA for long term use. Cant just look at 1 month, but the whole picture. Great customer support too

Fabien Desablens
327
Fabien Desablens 2021.04.20 20:19 
 

really good ea but it should takes a little bit more trades to make it more consistent.

gfavaro
54
gfavaro 2021.03.27 07:22 
 

DONT USE THIS BOT...it's full of BUGS. NEWS FILTER DOESN'T WORK - 3 consecutive losses of EURAUD on same day 17/3/2021 due to FOMC news. MAXIMUM_ORDER DOESN'T WORK - the bot start opening trades after reach the maximum orders set...this is dangerous. I LOST $345 BUYING IT AND $500 IN LIVE ACCOUNTS. The EA news filter didn't work out as expected. Alexey please update the EA asap to settle this issue.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.06.22 18:04
Hello.
There is no problem. The news filter works.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
EA works and makes a profit, look at the signals.
https://www.mql5.com/ru/users/maximfx/seller
OLADIMEJI ADEBAJO IWALESIN
3174
OLADIMEJI ADEBAJO IWALESIN 2021.03.24 02:09 
 

This is a useless EA, I have lost over £3k since use.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.06.22 18:05
Hello.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
https://www.mql5.com/ru/users/maximfx/seller
David Felipe Rojas Casadiego
123
David Felipe Rojas Casadiego 2021.03.20 01:43 
 

The EA needs an update, 2 months profit lost in 1 day due to news

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.07.16 19:56
Hello.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
https://www.mql5.com/ru/users/maximfx/seller
Lee Wai Chong
1161
Lee Wai Chong 2021.03.18 15:44 
 

3 consecutive losses of EURAUD on same day 17/3/2021 due to FOMC news. The EA news filter didn't work out as expected. Alexey please update the EA asap to settle this issue.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.07.16 20:00
Hello.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
https://www.mql5.com/ru/users/maximfx/seller
Basem Esam Shawkey Nageb
132
Basem Esam Shawkey Nageb 2021.03.18 10:37 
 

This expert advisor is so bad , I'm writing my review after 2 months running this expert on my real account , I'm experienced technical analyst , the nice results shown on live signals first two months pushed me to buy this expert , but later on I discovered the trap , orders with 25 pips take profit & 50 pips SL , But TP is just illusion , you could see order moving in plus but later on order closed in minus plus EA has hidden TP 5 or 6 pips . yesterday expert lost 3 EURAUD orders every order lost -50 pips , destroyed all the profits which did it during past 2 months and more minus from original account . yesterday was not the first time , before one week it happened also for one order , but I was patient . the logic of EA is really dangerous , gain 5 pips while SL is 50 pips , against all (money& risk management ) rules . Finally I don't recommend it , It's just waste of money and time

the author answered that traders always need profits , but once see one or two stop loss they are not satisfied , actually you show 3 signals , all of them show different results , demo signal showed 3 orders hit sl 50 pips exactly like what happened on our accounts , another real signal ( big account ) showed only 2 orders hit SL ( I can't understand why sure ?) plus when your TP =6 or 7 pips and SL 50 pips , sure traders don't like and complain . I see negotiation will never help . Good Luck for author , Market and time shows everything , I just want protect hard earned money of another traders

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.07.16 19:57
Hello.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
https://www.mql5.com/ru/users/maximfx/seller
Chuan Tian Jian Si
821
Chuan Tian Jian Si 2021.03.18 10:34 
 

crazy one. The author may say I'm crazy, but look at my review history. There are cheaper and better ones.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.07.16 19:59
Hello.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
https://www.mql5.com/ru/users/maximfx/seller
CyrusF00
737
CyrusF00 2021.03.13 01:22 
 

1 day losses wipe out 5 days of profit

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.07.16 20:00
Hello.
If you manage the trading lot correctly based on your deposit, then there are no problems.
According to my signals, there are no problems with the recommended money management.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 40000 USD Drawdown 3%.
https://www.mql5.com/ru/users/maximfx/seller
dim-bir
202
dim-bir 2021.03.01 17:46 
 

В отличие от многих скам советником в маркете, этот отлично показал себя в течение более месяца на демо счете! Отличный результат! Достойный советник, чтобы быть в моем реальном портфеле!

David Mallol Vida
445
David Mallol Vida 2021.02.28 18:16 
 

Llevo con este EA en una cuenta real desde el 16 de diciembre de 2020. En enero no ha tenido un buen mes, pero sus resultados desde entonces han sido de un 6% de beneficio con un DD muy bajo. Me parece un robot con una estrategia de inversión muy confiable. Muchas gracias Alexey!!

igofishing
81
igofishing 2021.02.28 14:08 
 

real account profitable as authers, very good

euro-r
1076
euro-r 2021.02.24 06:03 
 

очень хороший эксперт .... однозначно 5 звезд ...

Gdeandrea
1492
Gdeandrea 2021.02.17 22:22 
 

True Magic Fx!!

Caio Henrique Peters De Oliveira
172
Caio Henrique Peters De Oliveira 2021.02.16 20:37 
 

I'm very happy with the performance, but I would like to suggest the creator some changes: I don't think is worth the risk of sleeping at weekends with open orders, and often the news filter does not work, or at least the red line does not appear... so I think if the author continues to improve the EA, it will soon be the best at MQL5. If the author considers my suggestions or at least reply. I'll change to 5 stars.

Rikianto Budiarto
602
Rikianto Budiarto 2021.02.09 10:46 
 

So far so good. The EA gives good result and low DD. Let's see how it performs in the next 2-3 weeks. I will update the comment.

bertotorde
131
bertotorde 2021.02.08 18:24 
 

Steady results thus far, all I will recommend to others is to disable the EA on volatile days and watch your risk, the author is not responsible for your loses or how you use the EA. Overall, very happy with my purchase.

Jyang-gangheog
475
Jyang-gangheog 2021.02.07 00:25 
 

It's the safest ea I've ever seen.

daiti
142
daiti 2021.02.04 03:04 
 

So far, it's going well! Drawdown is low, I want you to continue as it is

Keisuke Tsutsui
7644
Keisuke Tsutsui 2021.02.03 21:59 
 

good profits every day , it was perfects.

Valeri Simov
763
Valeri Simov 2021.02.02 13:25 
 

Good profitable EA with Great support from Alexey. Thank you!!!

Update 03.07.2021. THE BEST!!!! Very low DD, great and stable profit! Alexey is a great guy! Very profitable EA even on High risk account,

P.S. Price is just a joke

Savell Alexander Martin
709
Savell Alexander Martin 2021.01.26 23:42 
 

So far EA has been great! If anything changes I'll update my review, but so far so good. Good proven track record too. Dev (Raphael) is very attentive and answers all my questions big and small. Loving it

elnur911
48
elnur911 2021.01.13 03:34 
 

2020 was really good.

friendsys
72
friendsys 2021.01.11 04:13 
 

A good EA which close order of wrong direction by means other than SL. Responding to Bab AR above, EURAUD may open have than 2 order since there is 2 EURAUD charts. With default risk settings, it is impossible to lose whole account in a day. I am currently running Magix FX on both Tickmill and ICmarket with 3 accounts from a hundred to 5 thousand US dollar.

Hung Ngo
146
Hung Ngo 2021.01.10 22:20 
 

Just bought the EA, the author support is good. I will review again after using the EA on my live account. Nếu ai chưa mua thì chờ mình review

Serafin Perez
2330
Serafin Perez 2021.01.09 13:40 
 

En un intervalo de tiempo determinado se muestra un trading profesional. Las operaciones están perfectamente marcadas con tp y sl, pero lo que más me gusta es que el dd esté ajustado en el algoritmo para ser lo más reducido posible. Es una estrategia admirable.

Bab AR
284
Bab AR 2021.01.08 07:02 
 

The worst EA I ever seen!!! the EA is using very high risk strategy like averaging even worse than martingale!!! it opens multi trades against the trend and if there is no retracement then you may lose your whole account overnight!!! last night it opened 5 trades on EURAUD with the loss but some of them was covered with another pairs by some luck! the point is stop loss is 50 pips and even with the Author's set file with minimum risk you may lose your whole account easily! suppose that last night 5 bad trades on EURAUD * 50 pips stop loss was possible loss equivalent 250 pips but there are 4 pairs and 5 charts means with multi trades you can lose around 1000 pips over night and with set file risk 5 means 50%! The Author's signal is very young and I'm sure soon or late we would be shocked when we see our accounts are gone with this high risk EA! I Don't recommend this EA to anyone and I removed it from my accounts after I saw very poor performance in the last night!

--------> Update 2 reply to the Author's answer: 1- I am not new in Forex! I didn't mention you are using grid! I said your EA is using High risk strategy like averaging with multi trades against the trend which is very High risk! moreover I'm using your recommended set file with the low risk without changing any parameters. The Maximum orders on pair is 2 in your setting ! why it opened 5 trades on EURAUD then? as you know EURAUD is a trend pair and there is a high possibility it moves in one direction like 200 pips without any retracement.

2- you have two signals and both are pretty new! one with 17.5% DD and another like 10%! so I don't know what do you mean with 3% Draw dawn! as I said your both signals are new and the time and long run will prove your DD if it would remain low!

3- There is a bug in your EA regarding Max 2 orders as it opened 5 orders last night and another bug is an issue which many clients mentioned it before! Your EA would be removed from the charts sometimes without any reason which is very risky if there is an open order in the terminal!

-----------> Update 3--- 11-01-2021 --> the answer to user "friendsys" :I have been in this market since 2007! so if I'm writing some points first please have a deep understanding about my concerns! There are 2 charts on EURAUD and Max order in recommended set is 2 per chart! so MUST be Max 4 orders with 2 charts not 6! it was my question! and "Yes" it is possible you lose your whole deposit even more than your deposit overnight if your broker doesn't have Negative money protection! There are often situation against this strategy in the market when the gap is extreme on Monday or even during a week on some trend pairs like EURAUD which even Hard Stop loss 50 pips cannot cut your loss! last night gap wasn't too much so EA cut the loss by SL! 3 weeks ago gap on GBPCAD was 140 pips! with multitrade 3 floating orders like last night means 420 pips loss but as a good luck there were no open order in that night! so when the gap exceed your SL then your stop loss can cut the loss in the first point after it! there were even 300 pips or more gap on the trend pairs before! suppose that what happens if you have multiple floating orders!

------------> Update 4--------> 07-02-2021-----> The Author ignored answering this question regarding the bug as usual in the comments so I have to mention it here again: There is a new bug in your EA as you can see it in your different live signals. Your news Filter sometimes doesn't stop some pairs in the charts. 3 nights ago 27-01-2021 there was a high impact news of US 3 hours before midnight. your 2 signals stopped GBPUSD pairs but your bigger account has a trade on GBPUSD. you can check it. if you care to your clients fix the bugs including last 2 bugs also.

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

By the way I'm Not a seller and I'm not your competitor and you got the wrong information. I'm only a normal user like the other ones. you can search my reviews in MQL and you would find my both good and bad reviews about the other products with specified reasons and details! I have never left any review without full persuading reasons.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.03.24 08:44
Hello.
What are you talking about?
I have been trading on the forex market since 2008.
EA does not use a grid or martingale.
My EA has the lowest drawdown on the entire MQL5 market.
According to my signals, the daily drawdown is within 3%
Magic FX earned a good profit, if you do not like to earn profit together with Magic FX, why do you use it, i don't understand it.
__________________________________________________________________________________________________________________________________________________________________________
I understood what was going on, I was given important information.
This person writes from another account. He is a seller on the MQL5.
This is just a competitor who wants to spoil the opinion of me and my product.
Qing Dui Meng
559
Qing Dui Meng 2021.01.08 00:55 
 

Worst EA, huge losses, bad reviews

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.03.24 08:44
Hello.
What losses are you talking about?
There are no losses.
If you did something wrong in the EA settings or you do not know how to use the MT4 terminal. This is not an EA issue.
Today, on all my signals, EA was trading in profit.
And made a profit.
Before you speak, you need to find out what is wrong with you?
uzmanq1 Adiuku
49
uzmanq1 Adiuku 2021.01.07 05:36 
 

I have not been able to get this to work yet but so far good support from Alexey. I Will update as soon as my first deal is registered.

Rios Su
249
Rios Su 2021.01.06 23:03 
 

I start to use this EA on my live account from the beginning of Dec/2020, the result is solid, EA performance is solid, author is solid!! I gave my 5 star to this EA and author!! Wish good 2021 for everyone here.

Bin Li
205
Bin Li 2021.01.04 17:18 
 

为什么模拟安装失败呀,都无法测试,然后我现在购买了,却怎么也无法安装,到底哪里出问题了

Rom
288
Rom 2021.01.01 17:58 
 

Had first live trading day with this EA. All trades closed in profit. In 2-3 weeks can give a more detailed review. So far in test and live 5 stars!

BBQGOIN
168
BBQGOIN 2020.12.29 19:07 
 

Amazing live results these days, thanks!

kennyredefine
309
kennyredefine 2020.12.24 02:46 
 

No.1 EA

Simone Mieko Molimoto Cardoso Dos Santos
227
 

MagicFX is paying for itself, very good

Alexander Kuznetsov
459
Alexander Kuznetsov 2020.12.18 07:24 
 

Спасибо, хороший советник.

Gino Carlo Guanlao
159
Gino Carlo Guanlao 2020.12.15 11:46 
 

Definitely a good EA! I was skeptical at first because it wasn't trading for 3 days but when it does! It was a good trade! The author is very responsive and accommodating

xswxsw151
130
xswxsw151 2020.12.08 16:29 
 

Amazing profit!

dai thai
112
dai thai 2020.12.04 07:54 
 

Quiet impressed by the EA. Tks Author

ANDREAS KURT HANS MEYER
1331
ANDREAS KURT HANS MEYER 2020.12.01 14:09 
 

I supscriped one mounth to the signal of MagicFX EA. Due very good results on live account I bought the EA wich is a great development in automated trading! The developer Alexey is very friendly and helpful. Looking forward to good performance!

Markus Feldinger
915
Markus Feldinger 2020.11.26 22:17 
 

Was good in 2020, with the high volatility, but unfortunately has stopped to be good in 2021. Magic FX has lost its magic. Just check the comment #596, the graph of this looser EA speaks for itself.

Market has changed. This EA hasn’t.

I can’t recommend to buy any more. It’s not winning any more and I can’t see a perspective. First I just reduced the lots, but another heavy loss today that I couldn’t reproduce because SL wasn’t hit, I lost all faith and halted it. Which is painful considering the 300 bucks I spent for it. He reduced the price to 250 usd now, but thats still 250 down the drain.

Maybe it’s just out of luck but four months underperforming is too long for an good system. It should work in sideways markets phases, too.

It just creates one big loss after the other, and the author does absolutely nothing to improve it.

Not worth the money.

Better let your granny roll a dice, you’ll get better results.

Alexey Bolshakov
3883
Reply from developer Alexey Bolshakov 2021.06.22 18:03
Hello.
Nevertheless, EA gets a good profit and a low DD, no problems.
Daily drawdown of about 3% No EA on the MQL5 market will show the same results. On my partner's signal, the profit is 43000 USD Drawdown 3%
https://www.mql5.com/ru/users/maximfx/seller
sudhindra
628
sudhindra 2020.11.19 17:54 
 

Please do not buy this !

Eduard Mushkatin
1820
Eduard Mushkatin 2020.11.15 22:18 
 

Magic FX is definitely one of the Top 5 EAs I ever had the chance to work with. High profitable EA with extremely low DD.

Junghwan Lee
380
Junghwan Lee 2020.11.15 05:58 
 

I've been with this EA for about an week since Nov. 6 by the rent ($45 for a month). There were 4 trades which 2 were profitable, 1 was loss (very little) and last one is still being open since last Friday. (Nov.13). In conclusion, it is paid for itself likewise others and I am very pleased with the EA and Alex's support. Plan to purchase the EA once the rent is done. Strongly recommend you to have it as one of your portfolio. Hope Alex could add more currency fairs to the list for EA soon.

Dec.9 : Finally I have purchased the EA and happy with its trading

mike180971
498
mike180971 2020.11.08 02:25 
 

Magic FX is one of the best expert advisor i ever use. Even during US election him make good profits. This price for this EA is worth every cent.

Sapphire
174
Sapphire 2020.10.27 01:09 
 

One of the best EA's I've bought.

Bewildered07
288
Bewildered07 2020.10.21 03:05 
 

This EA is by far one of the Safest methods of Algos out here in MQL5. You can sort of tell already by how the EA functions the longevity of it and its toxicity. I am very pleased so far with the results. It already paid for itself. Looking forward to a very long term track record with this EA. The author also is amazing and very attentive in assisting to understand its mechanism. Will post an update Post elections on December ! (edit : all is running smooth and same as the author signals. Low drawdown, and steady profits.) UPDATE :- It has proven time and time again that this EA can handle risk VERY WELL. It handles losses very well, Currently up more than 60%+, Mind you I have been running Autolot 5. Profit generated is capital protection more than enough that covers the drawdown or any loss incur. 10/10 Keep it up Alexey

Daniel Gruber
722
Daniel Gruber 2020.10.20 00:04 
 

User didn't leave any comment to the rating

Mehdi Faraz Fard
2214
Mehdi Faraz Fard 2020.10.17 11:35 
 

Bought it after a month rent. Was great and decide to buy it.

Stephanie Nicole Chavez
1315
Stephanie Nicole Chavez 2020.10.13 05:33 
 

User didn't leave any comment to the rating

Reply to review
Version 1.3 2021.09.07
The trading strategy was optimized (changes in the calculations of entry and exit points)
Version 1.2 2021.03.12
Trading is disabled on Friday.
Now Magic FX will not trade on Friday.
But the Friday trade option remains, if you want to trade on Friday, then just change the trading time in the TimeStopFriday parameter according to your GMT set files.