FxHT DailyTrend EATo trust or not to believe?
We will investigate FxHT EA’s features, its pricing as well as its performance. We want to know if the bot is genuine or fraudulent. This shall be based on such factors as vendor transparency, the bot’s performance, legitimacy of the results, and unbiased user reviews.
FXHT DailyTrend EA It is fully automated and can trade markets independently 24 hours a daily, five days per week. It works with any broker or account type. This makes it suitable to forex traders. Although there are no minimum deposits, it does require that you have at least 0.01 tons of trading volume. The minimum permissible for leverage is 1:30. These conditions are met and the bot can trade any highly volatile pair.
This is not surprising. EA Grid trading and martingale are not used. It uses day trading techniques, as its name suggests. Although it does not specify a recommended timeframe, we can assume that it operates on shorter timeframes than one day. You can also adjust the settings to suit your personal preferences. You can contact support via email if you have any questions.
We could not locate any back-test results for the EA Visit its official website.
These results were not found on any other third-party sites like TrustPilot or Myfxbook. This raises red flags as, without this data, there is no way of gauging the bot’s profitability.
Myfxbook however offers live testing of the bot on a demo accounts. As shown above. This test took place from May 17th 2022 to June 23rd 2022. It started with a $10,000 initial deposit, but after two weeks it had grown significantly to $10,302. This resulted in a gain 3.02% and a daily gain 0.08%. This was possible by trading 13 trades, 10 being long and one short. The bot’s profit factor over this period was 3.28.
These results demonstrated impressive profitability and low drawdown. The results cannot be used to conclude the bot’s profitability due to the limited time period.
According to FXHT, the bot’s price is $190 plus shipping costs. The bot does not come with a money back guarantee. This raises questions about its reliability. EA’s reliability. However, the fee for a lifetime licence is very affordable compared with industry standards.
We tried our best, but we couldn’t find any feedback from clients on the bot on third-party sites. FXBlue, Forex Peace Army and TrustPilot did not mention the brand customers. FXHT does not have any user reviews. DailyTrend EA’s website either. We think this means that the bot isn’t as well-tested as the developers would have us believe.
FXHT was created by the same company that developed the EAs like the FxHT MultiCurrency EA FxHT Rotterdam EA. The DailyTrend EA Its versatility is what makes it so popular. It can be used with any broker or account type on the market.
FXHT DailyTrend EA Fully automated forex robot. It can be used with any broker or account type. This makes it one of most versatile bots. It costs $190 for a one-time fee, which is very affordable compared with industry standards. The downside is that it doesn’t offer a money back guarantee. What’s more, it does not provide verified back-test results, and its live test results are inconclusive. To verify its legitimacy, there is no client feedback.