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FxMagnetic 1.6.0 Launches with Fair Value Gap Strategies and Advanced Trade Filters for Algorithmic Traders

FxMagnetic 1.6.0 Launches with Fair Value Gap Strategies and Advanced Trade Filters for Algorithmic Traders

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London, UK – December 22, 2025 — The latest version of FxMagnetic, a strategy automation platform for MetaTrader users, is now available. The 1.6.0 update introduces an entirely new module based on Fair Value Gap (FVG) analysis, a price action concept commonly used by institutional traders. Alongside the new app, this release enhances trade filtering, adds new SL/TP logic tied to swing structure, and provides better controls for daily trade limits and loss tracking.

This release reflects FxMagnetic’s continued focus on equipping forex traders and proprietary trading firm participants with configurable, backtested tools that can be deployed without programming.

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FxMagnetic Rolls Out Version 1.5.2 with Smarter Stop-Loss Logic and Prop Firm Protection Features

FxMagnetic Rolls Out Version 1.5.2 with Smarter Stop-Loss Logic and Prop Firm Protection Features

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London, UK – November 17, 2025 — The latest update from FxMagnetic introduces new features aimed at improving trade safety, structural precision, and automation control for both forex traders and those navigating the challenges of proprietary trading firm evaluations.

With the release of Version 1.5.2, the entire FxMagnetic Suite—spanning RSI Trader, MACD Trader, Flow Trader, Stochastic Trader, Candlestick Labs, and others—now supports a re-engineered Hull Shield indicator, improved SL/TP behavior, and enhanced controls for managing consecutive losses.

The update reinforces FxMagnetic’s focus on strategy development and automation without coding, with tools designed for traders who value both flexibility and risk discipline.

A Smarter Way to Place Stop-Loss and Take-Profit Levels

Among the most notable changes is a newly added option for placing SL/TP levels: PSAR (Last Flip Point). Unlike conventional methods, this feature looks backward to identify the most recent PSAR trend reversal, using that price level as a structural anchor for stops. This makes risk management more aligned with real price action rather than relying solely on the last closed candle.

The previously used PSAR mode has been renamed PSAR (Last Candle) to reflect its logic more clearly.

All SL/TP methods in FxMagnetic now also accept a secondary setting called SLTP Parameter 1, allowing fine-tuning of the logic. For instance:

  • In ATR mode, it sets the ATR period.
  • In PSAR mode, it defines the PSAR step.
  • For fixed SL/TP, the parameter is not required.

Leaving the parameter at –1 enables automatic use of recommended defaults like ATR(14) or PSAR(0.02), depending on the strategy.

Protecting Trading Accounts with Consecutive Loss Controls

In response to the needs of prop firm traders, the FxMagnetic Autotrader has been upgraded with a Max Consecutive Losses (MCL) control. This new feature allows the system to:

  • Pause further trading after a defined number of losing trades,
  • Optionally close all open positions at that point,
  • And resume only after manual review or system reset.

“Tools like MCL give traders the ability to prevent a bad streak from escalating into a disqualifying drawdown—especially in funding challenges where capital protection is essential,” said a representative from the FxMagnetic team.

The feature is fully customizable and can be toggled on or off depending on the trader’s preference.

Platform-Wide Enhancements to Stability and Execution

The 1.5.2 release also delivers several improvements that benefit all apps within the FxMagnetic ecosystem:

  • Hull Shield (v1.1.0): Redesigned as a histogram in its own chart window, it avoids the repainting issues observed with the previous line-based version. This ensures more accurate visual signals and consistent backtest/live performance alignment.
  • Refined Exit Time Logic: Improvements to time-based trade exits ensure trades are closed precisely at scheduled times, even in complex synced conditions.
  • Enhanced Input Handling: User inputs are now validated more robustly, reducing the chance of incorrect or unstable configurations during backtests or live runs.

These updates apply to all compatible FxMagnetic apps and reflect an ongoing commitment to maintaining software reliability under varied broker conditions.

Designed for Strategy Builders with Real-World Constraints

The FxMagnetic Suite continues to evolve as a platform for automated strategy creation, offering a visual, testable environment for traders who want to control risk, define clear rules, and reduce screen time.

FxMagnetic 1.5.2 is available now and free for existing users of eligible licenses. For more information on the new features or to explore the full lineup, visit FxMagnetic.com.

 

FxMagnetic Introduces Stochastic Trader – A New Automated Trading Tool for Forex and Prop Firm Strategy Builders

FxMagnetic Introduces Stochastic Trader – A New Automated Trading Tool for Forex and Prop Firm Strategy Builders

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London, UK – June 23, 2025 — A new addition has just joined the FxMagnetic Suite: Stochastic Trader, a powerful tool designed to help forex and proprietary trading participants build and automate strategies using the Stochastic Oscillator. With this release, FxMagnetic continues its mission to simplify technical trading through software that combines real-time backtesting, performance tracking, and automated execution.

The newly launched Stochastic Trader is built for MetaTrader 4, with full compatibility for retail trading and popular prop firm challenges. Its key features include a Scanner for discovering high-probability setups and an Autotrader for executing trades according to predefined logic and safety rules.

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Streamlined Parabolic SAR Strategy Automation

Streamlined PSAR Trading Strategy Automation: FxMagnetic™ Introduces Parabolic Trader for MetaTrader Platforms

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Trading strategy development enters a new era as FxMagnetic unveils Parabolic Trader, a purpose-built indicator designed to transform how traders leverage the Parabolic SAR technical analysis tool. Released in April 2025, this specialized software empowers users to create, test, and implement automated strategies without programming expertise.

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FxMagnetic Launches MACD Trader: A Faster Way To Develop MACD-Based Strategies

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February 2025 – Trading software developer FxMagnetic has unveiled its latest innovation, FxMagnetic MACD Trader, a specialized indicator tool that revolutionizes how traders create, test, and deploy MACD-based strategies across multiple markets.

This powerful software indicator addresses a critical pain point for traders who traditionally spend countless hours manually testing different MACD parameters and configurations. FxMagnetic MACD Trader automates this process, enabling rapid discovery of optimized settings without requiring programming knowledge.

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Local Trade Copier Launches MT5 & MT4 to DXTrade Trade Copying Feature

Cross-Platform Trading Enhanced: Local Trade Copier Now Supports DXTrade with MT4/MT5 Compatibility

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February 2025 – Trading technology innovator Local Trade Copier has released a significant platform update that enables trade copying from MetaTrader 4 and MetaTrader 5 directly to DXTrade environments. This technological advancement addresses growing demand from traders seeking to maintain strategy continuity while transitioning between different trading platforms.

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Local Trade Copier Introduces DXTrade Integration for Effortless Trade Copying from MT4

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September 2024 – The latest upgrade of Local Trade Copier (LTC) brings a major enhancement: the ability to copy trades from MetaTrader 4 (MT4) to DXTrade, a rapidly expanding trading platform. This update simplifies the trading experience for users needing cross-platform compatibility, eliminating the headaches of managing trades manually between platforms.

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FxMagnetic Suite Expands with the Launch of RSI Trader, a New Tool for Creating Data-Driven Strategies with RSI and SMA Indicators

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September 2024 – FxMagnetic, known for its cutting-edge trading solutions on the Metatrader platform, has introduced its newest innovation: FxMagnetic RSI Trader. This latest addition empowers traders to craft and optimize strategies using the Relative Strength Index (RSI) and Simple Moving Average (SMA) indicators, broadening the capabilities of the FxMagnetic suite.

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