Details of the trading strategy of FX Mower are not publicly available.
The EA comes with two trading strategies and each strategy can open up to three consecutive positions. The lot size is quite heavily increased; when standard settings are used from 0.02 over 0.05 to 0.19 for strategy one and from 0.01 over 0.03 to 0.12 for strategy two.
The stop loss limits are static in a range from around 300 pips to almost 1,700 pips, depending on strategy and trade level, the take profit limits are in a range from 200 pips to 300 pips. A trailing stop can be activated.
FX Mower doesn't have a money management, only the lot size for the first level trade of each strategy can be set.
Grid- / Martingale strategy
00:00 - 24:00 GMT
Payment through Avangate.
Coupon for a 10% discount: 30C57B8B5D
The developers grant a right to return within 30 days of purchase if standard settings are used and the draw down on a client's account exceeds 40% within this 30 days period. The refund will be paid back through Avangate.
The licence is valid for one live account and up to three demo accounts and includes support and upgrades. Accounts have to be activated by the support for trading.
A 3-pages manual explains the installation and set up of FX Mower as well as the input parameters.
The performance of FX Mower is demonstrated, as follows, on an exclusive Darwinex Live account as well as on a live account of the developers.
FX Mower backtests for the period 2012 - 2017 are shown below. Backtests before 2012 are blocked by the developers.
spread: 2 pips, lots: 0.02 / 0.01, strategy 1 + 2
spread: 2 pips, lots: 0.02, strategy 1
spread: 2 pips, lots: 0.01, strategy 2
spread: Dukascopy live, lots: 0.01 / 0.01, strategy 1 + 2
spread: True FX ECN live, lots: 0.01 / 0.01, strategy 1 + 2
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