FXGoodWay is a Forex robot that automatically decides when to open or close positions on your account. The EA was designed in such a way so that it would bring the maximum profit with minimal risks. FXGoodWay is compatible with any broker that works on MetaTrader 4 platform.
In the upgrade of FXGoodWay, the developers decided not to change what has been stably and successfully working for a long time, but simply add more features. In the new version FXGoodWay X2 are now available two sets of settings, which include many patterns (sessions). In the settings of the EA it is possible to choose whether to trade using Set 1, Set 2, or both sets at the same time. Set 1 is basically the old version of FXGoodWay. Set 2 – consists of new settings which have also been tested for a long time on a real account, the results of which you can find in the Statistics section. Set 1 uses up to 10 patterns; Set 2 - up to 7 patterns.
FXGoodWay was developed for trading on EURUSD currency pair. It is based on a Grid strategy. It trades only in the direction of the trend using certain patterns (sessions) of settings. The EA has a unique system of recognition of the Market conditions. Every day FXGoodWay decides which pattern to use in the current Market situation, and if there are no open orders of the same pattern, the EA opens a new session. Every pattern independently of each other opens a grid of orders when the price moves in the opposite direction. Each basket of orders is being closed only by TP. Thanks to its strategy FXGoodWay trades often and brings a good profit.
The minimum deposit needed for trading is $700. The EA works properly with any types of accounts and all the brokers which use MT4.