FxHT Daily Trend EA Review

by Forex EA Top Team
FxHT Daily Trend EA

FxHT Daily Trend EA is an automated system that trades on any highly volatile pairs. The robot is cost-friendly, and you do not need to have any special skills to operate it. When you refer people to buy this tool, you will receive a 30% commission on total referral sales. 

This EA was created by the FxHT Company, which is also responsible for developing tools like Rotterdam EA, Multicurrency EA, ScalpingNL V2 EA, etc. The names and professional profiles of the real developers are not mentioned anywhere in the presentation. 

Willing to try automated trading?
See the best forex robots rating to make the right choice.
Explore the list here >

FxHT Daily Trend EA overview

The robot has several features, which are listed below:

  • Grid, martingale, and hedging strategies are not implemented
  • Trades are conducted five days a week
  • Any account type or broker can be used
  • The minimum deposit needed to trade is $1000 or $10 for a cent account
  • The minimum recommended lot size is 0.01, while the minimum leverage is 1:30

Pricing 

FxHT Daily Trend EA is being sold for $190, tax included. You can make payments through Apple Pay, MasterCard, Visa, or American Express. There are no refunds offered.  

How it works

The EA places buy and sell orders automatically on behalf of users. It is designed to get rid of the psychological element of trading, which can be harmful to your account. 

Trading strategy

The vendor doesn’t share any information about the strategy this system uses for trading. This may come as a huge disappointment to traders who want to understand how the bot approaches the market before making any purchase decision. 

Trading results

Backtesting results for this EA are missing on the official website. This test is important as it normally helps developers or traders predict how a strategy will behave in the long term. 

You can find the live trading stats on Myfxbook. Check below how we have assessed this data:

Live trading results.

For an account that was opened in December 2020, the profit realized so far is $8606.07. As such, the EA has used a deposit of $11,050 to generate 2.42% in monthly profits, increasing the account’s value by 57.64%. The drawdown is less than 1%, which implies that low-risk trading is involved. 

Performance of trades.

There are a few orders completed (29) within 18+ months of trading. As you can see in the screenshot, the EA can stay for up to 6 days without opening a trade. The win rates for both the long (94%) and short positions (100%) are remarkable. A total of 343.7 pips have been won. Data on the traded lots is hidden, which is suspicious. 

Weekly trades.

Thursday is the most active day of the week, with nine trades placed to date. 

Trading history.

The account’s trading history is not showcased, so we cannot determine the strategy the robot uses in the live market.

Customer reviews

The bot has zero customer feedback. Our search for client reviews on reputable sites like Trustpilot or Forex Peace Army was futile. 

Willing to try automated trading?
See the best forex robots rating to make the right choice.
Explore the list here >

Related Articles

Leave a Comment

38 + = 46