Sold
Featured Solutions
Forex Brokers
IC Markets
Tickmill
Alpari
RoboForex
XM
InstaForex
Forex Robots
WallStreet Forex Robot 3.0 Domination
Happy Gold
FX Scalper
Waka Waka
Perceptrader AI
Forex Service Providers
FXAutomater
Automated Forex Tools
Happy Forex
Phibase
Valery Trading
Currency Exchange Companies
Magnetic Exchange
RuBitok
OK Changer
Payment Processors
Binance
Perfect Money
FasaPay
Advcash
Forex Signals
MyFxBots Forex Blog
2024 Posts
Apr, 2024 Posts
Mar, 2024 Posts
Feb, 2024 Posts
Jan, 2024 Posts
2023 Posts
Dec, 2023 Posts
Nov, 2023 Posts
Oct, 2023 Posts
Sep, 2023 Posts
Aug, 2023 Posts
Jul, 2023 Posts
Jun, 2023 Posts
May, 2023 Posts
Apr, 2023 Posts
Mar, 2023 Posts
Feb, 2023 Posts
Jan, 2023 Posts
2022 Posts
Dec, 2022 Posts
Nov, 2022 Posts
Oct, 2022 Posts
Sep, 2022 Posts
Aug, 2022 Posts
Jul, 2022 Posts
Jun, 2022 Posts
May, 2022 Posts
Apr, 2022 Posts
Mar, 2022 Posts
Feb, 2022 Posts
Jan, 2022 Posts
2021 Posts
Dec, 2021 Posts
Oct, 2021 Posts
Sep, 2021 Posts
Aug, 2021 Posts
Jul, 2021 Posts
Jun, 2021 Posts
May, 2021 Posts
Apr, 2021 Posts
Mar, 2021 Posts
Feb, 2021 Posts
Jan, 2021 Posts
2020 Posts
Dec, 2020 Posts
Nov, 2020 Posts
Oct, 2020 Posts
Sep, 2020 Posts
Aug, 2020 Posts
Jul, 2020 Posts
2019 Posts
Dec, 2019 Posts
Nov, 2019 Posts
Jul, 2019 Posts
Jun, 2019 Posts
May, 2019 Posts
Apr, 2019 Posts
2018 Posts
Dec, 2018 Posts
Nov, 2018 Posts
Aug, 2018 Posts
Jun, 2018 Posts
Apr, 2018 Posts
Mar, 2018 Posts
Feb, 2018 Posts
Jan, 2018 Posts
2017 Posts
Dec, 2017 Posts
Nov, 2017 Posts
Sep, 2017 Posts
Aug, 2017 Posts
May, 2017 Posts
Apr, 2017 Posts
Mar, 2017 Posts
Jan, 2017 Posts
2016 Posts
Dec, 2016 Posts
Nov, 2016 Posts
Oct, 2016 Posts
Sep, 2016 Posts
Aug, 2016 Posts
Jun, 2016 Posts
May, 2016 Posts
Apr, 2016 Posts
Mar, 2016 Posts
2015 Posts
Nov, 2015 Posts
Oct, 2015 Posts
Jun, 2015 Posts
May, 2015 Posts
Apr, 2015 Posts
Mar, 2015 Posts
Feb, 2015 Posts
2014 Posts
Dec, 2014 Posts
Nov, 2014 Posts
Oct, 2014 Posts
Sep, 2014 Posts
Aug, 2014 Posts
Jul, 2014 Posts
Jun, 2014 Posts
May, 2014 Posts
Apr, 2014 Posts
Mar, 2014 Posts
Feb, 2014 Posts
Jan, 2014 Posts
2013 Posts
Dec, 2013 Posts
Nov, 2013 Posts
Oct, 2013 Posts
Jul, 2013 Posts
Apr, 2013 Posts
Mar, 2013 Posts
Search Queries Cloud
fx scalper x FxStabilizer happy gold algocrat fully automated forex robots forex diamond north east WALLSTREET FOREX ROBOT fxrobotreviews discount cross pro futuretrading hedge Fx scalper tickdata waka porsaj UABTICquantic forex diamond ea drawdown ProFX Evening Scalper Pro spaceX vision scalper blessing forex fury v6 goldeafx Me ta trader 5/ Download Trailing Stop Forex Robot BTC forex zeon x pro wall street Daily
Specs
Live Trading
Backtests
Strategy
Parameters
Conclusion
Last Updated On Fri, 22 Apr 2016

Manhattan FX Review Introduction

The EA developers team is 12 industrial experts from New York City; a union of long-practiced Forex traders and software developers, started working together in 1998 and began developing Manhattan FX robot in 2008.

Trading Idea

Manhattan FX is a breakout based Forex robot without any martingale, arbitrage or grid strategies involvement.

Manhattan FX Criteria

License

The Basic Version is Licensed to 1 Account to Trade on EURUSD only, The Ultimate Version is Licensed for 1 Account to Trade on Both EURUSD and GBPUSD while the 2-License Version is Licensed for 2 Accounts to Trade on Both EURUSD and GBPUSD too.

Compatible Brokers

    Any Broker as Long as it Meets the Following Requirements:
  • Raw Spreads and Commission (ECN/STP Accounts).
  • 5 Digits Price Feed.
  • Large Leverage (1:100 Minimum).

IC Markets, Tickmill, or Alpari Forex Brokers are recommended!

Broker / VPS

Tickmill ECN-Pro Account With TradingFX VPS are the Recommended Broker Account / VPS Combination.

Initial Deposit

No Restrictions on Minimum Account Balance.

Support

Email Support via a Dedicated Support Team 24/7.

Updates

Free Lifetime Updates.

Supported Currency Pairs

EURUSD only for the Basic Version and EURUSD, GBPUSD for the Ultimate and 2-License Versions.

MetaTrader Chart Timeframe

M1

Verified Live Trading Results

Demo Account

FX Blue - ManhattanFX EA

FX Blue - ManhattanFX EA
Settings
Default Settings
Started On
2016/04/22 (GMT)
Leverage
1:500
Broker
Tickmill
Starting Balance
500.00

$30 Welcome Account Just On Email Validation!
$30 Welcome Account Just On Email Validation!

Trading Strategy

General Trading Features

As a breakout based Forex robot, Manhattan FX always sets a StopLoss for every trade to protect the account, in addition to its clever Money Management system that carefully determines trading opportunities and the suitable lot size for each of them.

Trading Limits

Manhattan FX Trading is limited to 10 lots (1000,000 units) in the 2-License version and 5 lots (500,000 units) in the other 2 versions, this is useful for disallowing unnecessary high positions and is considered a good safety measure.

High Spread Filter

By default, Manhattan FX this built in system forces the robot to cease trading during spreads widening as during summer and before news. This can be stopped manually if not desired.

Important Parameters

ManhattanFX Parameters ScreenShot

Buy Enabled: This option can enable / disable BUY orders excution.

Sell Enabled: This option can enable / disable SELL orders excution.

MoneyManagement: This is a switch between automated money managerment (if set to true) or manually setting a fixed trading lot size (if set to false).

Fix Lot Size: If MoneyManagement is set to false, here you can set the desired trading lot size manually.

Long trade risk: This is a percentage (%) value to set the maximum loss for every Long (BUY) trade.

Short trade risk: This is a percentage (%) value to set the maximum loss for every Short (SELL) trade.

** Please note that Long trade risk and Short trade risk refer to only ONE trade.

Maximum lot: This option determines the maximum lot size of the trades.

Balance Risk: This is the highest allowed drawdown as a percentage of the account balance, which if reached, Manhattan FX will stop trading to protect your account.

Specifications
Live Trading Results
Backtests Statements
Trading Strategy
Setting Parameters
Conclusion
3.83/5
199 total votes.
About
Last Updated On Fri, 22 Apr 2016

Talk about Manhattan FX

Dace Lim Mon, 27 Jun 2016
May I know does your EA any money back guarantee?
MyFxBots Admin Thu Aug 2nd, 2018
You can read Manhattan Agreement Click2Sell, it's explaining the money back guarantee organized by Click2Sell in details!
Ng Kok Wee Mon, 27 Jun 2016
May I know does your EA any money back guarantee? Does it be able to cover for all market condition? How reliable for long run? Any technical support if I am facing any problem? Thank you!
MyFxBots Admin Thu Aug 2nd, 2018
You can read Manhattan Agreement Click2Sell, it's explaining the info you requested in details!

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

Share