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.
Introducing FxMagnetic FVG Trader
At the heart of version 1.6.0 is the launch of FxMagnetic FVG Trader. The module enables traders to scan for and automate trades based on gaps in price delivery, a technique that identifies unbalanced candles where the market may return to “fill” liquidity voids.
This FVG-based strategy logic is now accessible through FxMagnetic’s chart-integrated visual interface.
New RSI-Based Filters with Multi-Layer Logic
This update also delivers two new trade filters, usable across the broader FxMagnetic suite:
- RSI Rebound – Activates trades when RSI pulls away from extreme levels, helping time reversals more precisely.
- RSI Trend Direction – Only allows long positions if RSI is above a certain value, and shorts when it’s below—supporting directional bias trading.
Both filters are among the first to support FxMagnetic’s new “Third Setting” functionality, which allows for expanded logical conditions—giving traders more flexibility in how signals are filtered. This architecture will be extended to other filters in future versions.
Structural SL/TP, Expectancy-Based Optimization, and Trade Limits
To support traders who rely on market structure for risk management, FxMagnetic 1.6.0 adds a new SL/TP Type: Last Swing High/Low. Instead of using static pips or indicator-based exits, this method identifies recent structural highs or lows to place stop-loss and take-profit points that better align with price dynamics.
Additional enhancements include:
- Max Trades Per Day Control – Prevents overtrading by capping how many trades each strategy can execute in a single day. Useful for traders following strict risk models or prop firm evaluation rules.
- New Optimization Metric: Highest Expectancy (R-Multiples) – Enables traders to rank strategy results based on statistical expectancy, favoring high-consistency setups over raw profitability.
“Fair Value Gaps and swing-based exits are tools often used by advanced traders. This release brings those methods to an accessible, visual environment that allows traders to test and automate without code,” said one of the lead developers involved in the release.
Automation Improvements in the Autotrader
The Autotrader component has also been upgraded. When monitoring Max Consecutive Losses (MCL), the system now logs the strategy’s Magic Number in the Journal, helping users easily pinpoint which strategy is triggering alerts—especially when multiple instances are running simultaneously.
This small but important detail improves usability for traders managing multiple pairs or strategies at once, and enhances visibility when reviewing performance logs.
About FxMagnetic
FxMagnetic is a strategy automation suite for MetaTrader 4 users that helps traders build and deploy rules-based trading systems using technical indicators, price action logic, and proprietary filters. The platform supports modular apps for RSI, MACD, PSAR, Candlestick Patterns, Moving Averages, and now Fair Value Gaps. It is widely used by retail traders, quant enthusiasts, and prop firm competitors alike.
For more details or to access FxMagnetic 1.6.0, visit fxmagnetic.com.
