FX-Builder is not just an Expert Advisor as such, but a constructor which allows the user to create EAs on their own.
The number of implemented indicators and trading parameters, e.g. for the management of trading times and stop levels, depends on the type of the three available FE-Builder version being used. According to the vendor, the Pro version allows a combination of more than 200 parameters for seven different indicators as well as constraints from the areas money management, stop level management and trading times.
The indicators include classics like the RSI and the MACD, but also the money flow index and Bollinger bands, and the Pro version allows the creation of grid strategies. Additionally, the EA comes with up to six pre-defined strategies (Light version two, Basic version four). It should be noted that all of those strategies use a Martingale approach in some cases with up to 15 grid levels.
00:00 - 24:00 GMT
Light USD 95 | Basic USD 195 | Pro USD 295
Payment through Avangate.
Voucher for a 10% discount: D941905C30
The developer grants a right to return within 30 days of purchase if a feasible reason is given. The refund will be paid back through Avangate.
The licence is valid for one (Light) or two (Basic, Pro) live or demo accounts and includes support and updates. To activate the licence, a hardware key has to be generated with a software tool provided after purchase. Both, the key and the account number have to be communicated to the support team which will in return provide an installation package for each account.
A 19-pages manual explains the installation and set up of FX-Builder, the input parameters and their impact. Input parameters for implemented indicators and strategies are also detailed.
The performance of FX-Builder is demonstrated, as follows, on an exclusive TradeFort Live account. The account unintentionally illustrates how an account can be wiped by a strong price movement if a martingale strategy is used on an underfunded account. Additional funds have been added to the account to continue trading. The strategies running on this account are Basic 1 and Pro 2.
The other charts show live accounts of the developer.
FX-Builder backtests for some of the pre-defined strategies for the period 2009 - 2013 are shown below.
EURUSD, Light 1, years 2009 - 2013, spread: 2 pips, start lots: 0.01
EURUSD, Light 2, years 2009 - 2013, spread: 2 pips, start lots: 0.01
EURUSD, Basic 1, years 2009 - 2013, spread: 2 pips, start lots: 0.01
EURUSD, Basic 2, years 2009 - 2013, spread: 2 pips, start lots: 0.01
GBPUSD, Pro 2, years 2009 - 2013, spread: 2 pips, start lots: 0.01
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