Forex Robot ReviewsPassive Income

FX Oxygen Review: Is It Wise to Hand Your Trading Over to This EA?

2 Mins read
4.0

FX Oxygen is a trading solution that can help traders to trade automatically on the Forex market. The presentation doesn’t look pretty informative. We have decided to check the system on our own. 

FX Oxygen company profile

FXOxygen was created in 2015. The presentation hasn’t been updated since then. The company isn’t registered legally. If something goes wrong we will not have any legal firm to comply with. 

The highlights of FX Oxygen

The presentation includes a few details of settings, information, strategy, and other features explained. 

  • The trading robot can help us with automatic executing orders on the MT4 terminal. 
  • An average profitability can be 20% monthly. 
  • We haven’t seen these results on the account. 
  • The system can work with EURUSD and USDJPY. 
  • M30 is the only time frame to work on. 
  • The system was tested on the tick data of the ten-year period.

Trading results with FX Oxygen

FX Oxygen backtest report
FX Oxygen backtest report

We have a EURUSD report performed on M30. The data period was from 2009 to 2015. The modeling quality was 90% with 2-pip spreads. An initial deposit was $10,000. It has become $147,668.38 of the total net profit. FX Oxygen closed 1425 orders with a 51% win rate.

FX Oxygen live trading results
FX Oxygen live trading results

The advisor executes orders on a demo account on FXOpen without leverage. The platform is MT4. The account has a verified track record. It was deployed on December 11, 2018, and deposited at $25,000. Since then, the total gain has become 11.09%. An average monthly gain is 0.28%. The maximum drawdown is 34.81%. 

FX Oxygen statistics
FX Oxygen statistics

It has closed 504 orders with 1206.4 pips. An average win is 68.15 pips when an average loss is -62.32 pips. The win rate is 48-50%. The system trades with an average trade length of three days and a profit factor of 1.05.

FX Oxygen directions
FX Oxygen directions

The system doesn’t work stable at all. 

FX Oxygen hourly activities
FX Oxygen hourly activities

The advisor opens orders two hours a day in the middle of the European session. 

FX Oxygen daily activities
FX Oxygen daily activities

Thursday with 115 orders executed is the most actively traded day. 

FX Oxygen risks
FX Oxygen risks

The robot works with a 91.23% risk of losing 10% of the balance. 

FX Oxygen closed orders
FX Oxygen closed orders

The system uses Martingale from time to time. 

FX Oxygen monthly profits
FX Oxygen monthly profits

FX Oxygen works with absolutely unpredictable results. In 2021 the system lost more than won.

FX Oxygen packages

FX Oxygen pricing details
FX Oxygen pricing details

The current price is $210 that longs until 500 copies are sold. The original price was $295. We can rely on a 30-day refund policy. We don’t know what that package includes. 

Assistance

We don’t know for sure if the owners provide good and quick customer support.

Other notes

A page of FX Oxygen on FPA
A page of FX Oxygen on FPA

The company has a profile on Forex Peace Army without any testimonial. There, we can find a stopped and blown account. 

Is FX Oxygen a reliable system?

It is difficult to say for sure. The system doesn’t look pretty viable because it has lost so much in the near past. 

FX Oxygen Summary

4.0
FX Oxygen is an expert advisor that works on an almost-zeroed trading account. The presentation doesn’t look informative and we have no testimonials to understand if the system works well for people.
6.0

Performance statistics

1.0

Reviews from customers

5.0

Ease of use

2.0

Implemented strategies

6.0

Pricing

Pros

  • +Trading results provided

Cons

  • -No risk advice given
  • -No settings explanations provided
  • -The advisor has lost much in 2021
  • -No people’s feedback provided
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