• Overview
  • Reviews (29)
  • Comments (377)

Magic FX

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. Leverage 1:500 For trading 0.01 lot.
Minimum deposit 700 usd. Leverage 1:30 For trading 0.01 lot.


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

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 29
Savell Alexander Martin
489
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

Evgenii Aksenov
120661
Evgenii Aksenov 2021.01.20 03:15 
 

profitable

elnur911
48
elnur911 2021.01.13 03:34 
 

2020 was really good.

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IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
MBfx Neural Adaptive MT4 EA
Max Brown
MBfx Neural Adaptive is a fully automated EA that uses price formations, patterns and psychological levels to open and close trades. By default this strategy does not use grid, martingale or other dangerous money management methods. There is an option to use safe martingale and safe averaging both of which are protected by a stop-loss. The EA contains optional intelligent technical exits to automatically close trades if the price shows weakness.  For back tests and set-files go to: https://t.me/
999 USD
Ace Scalper MT4
Andrey Vasilenko
Ace Scalper EA works on the GBPUSD, AUDCAD, EURGBP, USDCHF, GBPCAD, GBPAUD, USDCAD and some others pairs. Timeframe M5. The strategy is based on the search of price fluctuations for the quiet period of the Asian session. During this period, there is usually no strong unpredictable price movements, which allows relatively safe scalping, with the average trade duration 1 hour. Uses tight Stop Loss, which provides deposit protection in the event of adverse developments in the market. EA does not us
590 USD
Sinless
Andrey Kolmogorov
A mathematical multicurrency trading system based on the principle of a neural network. It uses a general database of algorithms "S1M1" consisting of the most stable trading algorithms in its work. Before getting into the "S1М1" general database of algorithms, each block of conditions has passed the testing for stability with the identification of certain market dependencies for that block. A network created in such a way allows the EA to automatically select the most optimal variant of response
1 290 USD
AI short trade
Pinjia Liu
This is a short-term trading strategy, which has been tested by several currency pairs for 15 years and can make steady profits. Signal: https://www.mql5.com/zh/signals/852521 T elegram :  https://t.me/joinchat/IXWIkBrWHVoGILEC08BUEA parameter: RiskSwitch - Money management switches (true) are used for automatic lots  (false) for fixed lots. Lots -  for fixed lots Risk -  Automatically obtains LOTS based on margin/stop loss/risk. Stop_Loss - Set the stop loss Take_Profit -  Set up check sur
860 USD
SFE Gold Fever
Joel Juanpere
The system place the trades based on the trend. Is adequate for symbols which usually moves in strong trends, or any symbol which has enter in a trend period. For this reason, works very well with XAUUSD (GOLD/USD), because this symbol tend to move in strong mid/long term trends (like Bitcoin) and as is an uptrend in the long term, use the system only in the long side, can boost the performance. The objective of the system is over perform the performance of a symbol in trend, in the long ter
1 200 USD
GerFX NightWalker EA
Exler Consulting GmbH
Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but stil
525 USD
More from author
Equalizer FX
Alexey Bolshakov
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 six 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 six transactions with a smaller volume than if we opened one transaction with a larger volume. For example, we want to open a trade of 0.06 lot. We will open s
345 USD
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Stephanie Nicole Chavez
831
Stephanie Nicole Chavez 2020.10.13 05:33 
 

User didn't leave any comment to the rating

Sapphire
112
Sapphire 2020.10.27 01:09 
 

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

Mehdi Faraz Fard
1239
Mehdi Faraz Fard 2020.10.17 11:35 
 

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

mike180971
407
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.

Eduard Mushkatin
1526
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.

sudhindra
569
sudhindra 2020.11.19 17:54 
 

Amazing. Author very helpful. Quiet impressed by the EA.

Markus Feldinger
310
Markus Feldinger 2020.11.26 22:17 
 

A truly amazing EA, that gives solid, steady results for a long time, in the long run with low risk and a very low DD. Not for the risk it all and get rich quick crew, but for who likes to make continuous gains in the long run. My best performing EA so far. For this price, it’s a real bargain. I recommend it.

ANDREAS KURT HANS MEYER
4016
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!

dai thai
95
dai thai 2020.12.04 07:54 
 

Quiet impressed by the EA. Tks Author

xswxsw151
101
xswxsw151 2020.12.08 16:29 
 

Amazing profit!

Junghwan Lee
213
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

gino_o14
20
gino_o14 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

Alexander Kuznetsov
467
Alexander Kuznetsov 2020.12.18 07:24 
 

Спасибо, хороший советник.

Daniel Gruber
741
Daniel Gruber 2020.10.20 00:04 
 

Great performance so far, will update in a bit. So far one of the, if not the best EA on here. Update: after using it for a week now I still can’t believe how well it’s working, it is the only EA on here which has been delivering solid results so far. Unfortunately no rent anymore.

Simone Mieko Molimoto Cardoso Dos Santos
184
 

MagicFX is paying for itself, very good

kennyredefine
185
kennyredefine 2020.12.24 02:46 
 

No.1 EA

BBQGOIN
175
BBQGOIN 2020.12.29 19:07 
 

Amazing live results these days, thanks!

Rom
221
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!

Bin Li
163
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

Rios Su
113
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.

Qing Dui Meng
500
Qing Dui Meng 2021.01.08 00:55 
 

Worst EA, huge losses, bad reviews

Alexey Bolshakov
3134
Reply from developer Alexey Bolshakov 2021.01.08 01:39
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?
Serafin Perez
2148
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.

Hung Ngo
141
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

friendsys
71
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.

cryptopotter
149
cryptopotter 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

Bab AR
256
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!

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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
3134
Reply from developer Alexey Bolshakov 2021.01.11 09:35
What are you talking about?
I have been trading on the forex market since 2008.
EA does not use a grid or martingale.
A maximum of three trades can be opened for one currency pair. Each trade is unique and independent of the others, the trade is opened if there is a signal to open.
Follow money management and set the correct trading lot based on your deposit.
My EA has the lowest drawdown on the entire MQL5 market.
According to my signals, the drawdown is within 3%
You don't understand how EA works.
Please learn to count the number of transactions.
Magic FX earned a good profit on this trading day, if you do not like to earn profit together with Magic FX, why do you use it, sorry but i don't understand it.
No problems. Why bother so much. Then let's not trade and there will be no problems, EA will not open trades and everything will always be safe. I think this method of trading suits you.
Instead of being afraid to trade, you might want to think about how you can set up EA a little. If you do not want to trade on Friday, set TimeEndFriday=17: 00 in the parameter.
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I figured out what the problem was. 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.
elnur911
48
elnur911 2021.01.13 03:34 
 

2020 was really good.

Evgenii Aksenov
120661
Evgenii Aksenov 2021.01.20 03:15 
 

profitable

Savell Alexander Martin
489
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

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