FAQs

NGFXEA stands for "New Generation Forex Expert Advisor." It is a fully automated currency trading program designed to operate on the MetaTrader 4 platform in the foreign exchange (Forex) market. Our solution leverages advanced algorithms to execute trades efficiently and effectively, providing a seamless trading experience. With NGFXEA, traders can benefit from consistent performance and reduced emotional decision-making.

NGFXEA redefines automated Forex trading by combining cutting-edge technology with innovative design to provide a smarter, more efficient trading experience.

Here’s how NGFXEA stands apart:

1. Unified Control: Manage everything from a single, user-friendly console—charts, calculations, account details, parameters, and more.
2. Smarter Trade Decisions: NGFXEA's advanced "central brain" acts as the intelligence hub of your trading operations. It analyzes live data from all charts and signals simultaneously, ensuring every trade decision is precise, well-informed, and optimized for current market conditions. By processing multiple data points in real time, the central brain adapts quickly to market changes, giving you a significant edge over traditional EAs.
3. Advanced Money Management: This system evaluates all active trades, potential opportunities, and your risk settings to determine the best exit strategies.
4. Precision Backtesting: Leverage our advanced backtesting platform, powered by cutting-edge algorithms, to identify optimal parameters based on over a decade of market data.
5. Risk Mitigation Tools: Use the live events scheduler to pause trading during high-risk news events or custom-defined situations, ensuring greater control over risk.
6. Future-Ready Features: Unlock a suite of advanced tools and innovations designed to make your trading experience more efficient, secure, and profitable.

With NGFXEA, you can simplify trading, reduce emotional decision-making, and achieve consistent results. Start your journey with NGFXEA today and experience the future of automated Forex trading.

Introducing CrocoFx – The Ultimate Forex Trading Robot
CrocoFx, short for Crocodile FX, is a powerful Forex Expert Advisor (EA) designed by NGFXEA to help you trade smarter, not harder. Just like a crocodile patiently waiting for the perfect moment to strike, CrocoFx waits for optimal market conditions to enter trades at the right time.

How It Works:
CrocoFx uses a combination of virtual trades and proprietary internal calculations developed by the NGFXEA team to identify the ideal moments to approach the market. It operates on the M30 and H4 timeframes, across nearly 20 different charts, executing trades based on the best possible conditions. The EA also utilizes a martingale trading strategy to manage risk and maximize potential returns.

Key Features:

• Strategic Trade Execution: Executes trades with a calculated risk-reward ratio to increase the chance of profitability over time.
• Multiple Timeframes & Charts: Operates on M30 and H4 timeframes across almost 20 charts to capture diverse market opportunities.
• Proprietary Algorithms: Our unique system of virtual trades and internal calculations allows the robot to only trade when all conditions are perfectly aligned.
• Lifetime License & Updates: One-time payment of 500 Euros for a lifetime license, including updates for up to 1 live account and 1 demo account

CrocoFX License Details

Each CrocoFX Base license allows you to use the EA on a single account.

For managing multiple accounts on the same platform, you will need to purchase additional licenses. 

Our support team is always available to assist you with license management or any related inquiries. Don’t hesitate to reach out for help!
 

Yes, installing NGFXEA EAs is simple and takes only a few minutes. 

You’ll find detailed installation instructions in the Tutorials Videos

If you need any additional assistance, don’t hesitate to contact us via email. Our support team is here to help you every step of the way!

We don’t have specific broker requirements—our EAs are compatible with any broker that supports the MetaTrader 4 (MT4) platform.

The frequency of trades depends on the settings and strategy you’ve selected. NGFXEA robots wait for the right market conditions to execute trades. On average, the EA spends the first week analyzing the market, and after that, it may execute multiple trades per week depending on market conditions.

Our EAs come equipped with an intelligent money management system that allows you to set limits and control your risk. While you can start with a smaller amount, we recommend a minimum account balance of $5,000 USD to fully take advantage of all the charts and maximize your potential for profit.

It’s difficult to predict exactly how much profit NGFXEA EAs will generate each month, as the outcome depends on the risk settings you choose for your account. However, you can track the performance of our live real-money accounts on the performance page to get an idea of potential returns. In addition, we regularly publish backtest results on our website to provide further insight into the EA's historical performance.

Absolutely! If our provided settings don’t align with your trading strategy, you can fully customize the management Console platform to suit your preferences. You have the flexibility to adjust settings and parameters or choose a hybrid approach, combining both manual and automated trading to suit your needs.