MyFxRadar: a $329 Trend-Following Forex Robot for EURJPY and AUDUSD
MyFxRadar is a $329 automated Forex trading robot (an expert advisor, or EA) for MetaTrader 4 and MetaTrader 5 that follows trends on EURJPY and AUDUSD, confirms them with the ADX indicator, and trails its stop only once a trade is in profit. It's sold through ForexStore with no free trial, only a 30-day money-back guarantee with conditions.
Unlike many robots, MyFxRadar has a live record you can look up on two independent monitoring sites, FXBlue and Myfxbook. That record is profitable, but it also shows drawdowns about twice as deep as the developer's backtests, and that's the number to look at before you buy.
Quick facts
- What it is: a fully automated, trend-following Forex robot (EA), MT4 and MT5 versions included
- Developer: MyFxRadar, sold through the ForexStore marketplace (FXS)
- Pairs: EURJPY and AUDUSD
- Price: $329, one-time, for one trading account
- Accounts: standard or ECN, any broker, balances up to $300,000 under the license
- Trial: none; 30-day money-back guarantee under conditions
- Live trading since: October 30, 2024, on the developer's accounts
- What we checked: the price was $329.00 on the order page on October 24, 2026; the developer's Myfxbook monitors, updated October 23, 2026, showed a 58.64% maximum drawdown on the EURJPY account and 78.66% on the AUDUSD account; ForexStore rated MyFxRadar 7.5/10 on October 24, 2026. We didn't run the robot on a trading account.
Before you buy
The developer's medium-risk backtests show relative drawdowns of about 31-33%. The live accounts have gone much deeper: on Myfxbook, 58.64% on EURJPY and 78.66% on AUDUSD, and ForexStore lists a 58.9% drawdown for the product. A 59% drawdown would take a $1,000 account down to about $410 before it recovered.
The two monitors also disagree on profit. On October 23-24, 2026, FXBlue showed +527.5% on the EURJPY account, while Myfxbook showed +327.38% on EURJPY and +314.09% on AUDUSD. The developer says FXBlue is the correct one, because the broker merged trades from before February 21, 2025 into a single "profit summary" entry that Myfxbook reads like a deposit.
One small thing to check: the banner on myfxradar.com says "Trades on: USDCAD", while every other part of the site and the store say EURJPY and AUDUSD. Ask support which pairs you get before you pay.
Overview
MyFxRadar is built to trade in the direction of the trend. Its own "radar-like" algorithm tries to spot a new trend early, and the ADX (Average Directional Index) indicator then checks that the trend is strong enough before a trade opens. Each trade has a take profit and a stop loss, and once the trade is in profit, a trailing stop starts following the price to lock in part of the gain.
The developer optimized it for two pairs, EURJPY and AUDUSD, and says it doesn't depend on tight spreads or fast execution, so it should run on standard and ECN accounts at most brokers. You get both the MT4 and MT5 versions.
MyFxRadar uses ForexStore's licensing protection. Per the terms on myfxradar.com, robots with this protection are built to repeat the developer's own trades on your account as closely as possible, and some of them can't be backtested on historical data by the buyer.
Features
Early trend detection with an ADX filter
MyFxRadar opens trades only when its trend algorithm and the ADX indicator agree that a clear, strong trend is under way. The double check is meant to skip weak or sideways markets, where trend-following systems usually lose.
Profit-only trailing stop
MyFxRadar's trailing stop switches on only after a trade is in profit, then follows the price to protect the gain. Before that, the trade still has its normal stop loss, so individual trades can and do close at a loss; the live accounts' drawdowns show that.
Live results on two monitoring sites
MyFxRadar's developer publishes its real accounts on both FXBlue and Myfxbook, for EURJPY and AUDUSD, and explains on the site why the two show different returns. Few robots in this price range show two independent monitors, and it lets you watch the record yourself before buying.
MT4 and MT5 with online license management
MyFxRadar includes both MetaTrader versions, one license for any trading account that you manage online, free lifetime updates, 24/7 support and a step-by-step user manual.
Backtests at medium and aggressive risk
MyFxRadar's developer publishes MetaTrader strategy tester reports for both pairs. The EURJPY Medium test runs from January 2018 to May 2025 with a $10,000 deposit: 2,062 trades, 68.91% winners, a profit factor of 2.50, and a relative drawdown of 31.02%. The AUDUSD Medium test over the same years has 1,001 trades, a profit factor of 2.31 and a 33.00% relative drawdown.
The developer's EURJPY Medium backtest: a smooth, compounding balance curve over about 2,060 trades, with trade sizes growing as the balance grows.
The AUDUSD Medium backtest: about 1,000 trades, again with steadily rising trade sizes.
Benefits
- A record you can follow: two public monitors let you watch the live accounts for weeks before you spend anything.
- No grid or martingale in the description: the developer describes single trend trades with a take profit, stop loss and trailing stop, which is easier to understand than averaging-down systems.
- Broker freedom: it doesn't need an ECN account or low spreads, so you can keep the broker you have.
- A refund that covers losses: the guarantee includes a drawdown above 30% during the first 30 days, on a live or demo account.
Real-World Uses
- A trader who wants exposure to the yen and the Australian dollar without watching charts runs MyFxRadar on both pairs in one account.
- A cautious buyer runs it on a demo account for the first 30 days, since the drawdown refund applies to demo accounts too.
- Someone already running a range-trading robot adds MyFxRadar as a trend-following counterweight.
- A trader on a standard account with wider spreads uses it where scalping robots wouldn't work.
Who It's For, and Who Should Skip It
It fits experienced MetaTrader users who understand leverage, can sit through a drawdown of more than half the account without switching it off, and put in only money they can afford to lose.
Skip it if you need steady month-to-month income or can't stomach large swings: the live accounts have already fallen 59-79% from a peak at some point. Skip it too if you were drawn in by the "aggressive" backtests on the site (see Where it falls short). If you want a robot with a smaller live drawdown from the same store, compare FX Proctor Max, whose ForexStore page showed a 24.96% drawdown on October 24, 2026.
Usage Guide
- Buy the license. MyFxRadar is delivered electronically through ForexStore; delivery can take up to 3 business days.
- Install MetaTrader 4 or MetaTrader 5 from your broker and log in to the account you'll trade.
- Register that account in your license through the online license management.
- Copy the robot into MetaTrader's Experts folder, restart, and attach it to an EURJPY chart and an AUDUSD chart.
- Load the recommended settings from the user manual and pick a risk level; the refund depends on using them.
- Enable automated trading and keep the terminal running with a stable internet connection.
Tips
- Size your account for the live drawdown, not the backtest one. Plan for a fall of 60% or more.
- Keep the terminal online without gaps during the first 30 days. The refund requires "uninterrupted trading" and a stable connection.
- Look at both the FXBlue and Myfxbook pages for the latest month before you buy; the EURJPY Myfxbook curve ended in a sharp fall when we looked on October 23, 2026.
Where it falls short
- Unrealistic aggressive backtests. The site advertises EURJPY Aggressive turning $10,000 into $185,525,864 (+1,855,258%). Compounding results like that can't be reproduced in a real market, where lot sizes, liquidity and broker limits stop them, and the license itself is capped at a $300,000 balance.
- Live drawdown about double the backtest. 31-33% in the medium backtests versus 58.64% and 78.66% on the live Myfxbook accounts.
- A record that starts mid-way. Live trading began October 30, 2024, but the charts start February 21, 2025, because the broker merged the earlier trades into one entry. You can't see how the first four months went trade by trade.
- Short history. Under two years of live trading is not much for judging a trend-following system through different market conditions.
- Selling signals voids the license. Sharing the robot's trades on signal services gets the EA blocked with no refund.
What Users Say
We found no independent reviews of MyFxRadar on software review sites or on Trustpilot, where none of ForexStore's reviews mention it. The only MyFxRadar video on YouTube is from an affiliate channel. What there is to go on are the live monitors and reviews of the store that sells it.
The live monitors
- FXBlue, EURJPY account: growth +527.5%, +8.1% a month, profit factor 1.91, 689 days of history (October 24, 2026).
- Myfxbook, EURJPY account: gain 327.38%, drawdown 58.64%, 6.53% a month, with a sharp fall at the end of the curve (updated October 23, 2026).
- Myfxbook, AUDUSD account: gain 314.09%, drawdown 78.66%, 8.66% a month (updated October 23, 2026).
- ForexStore's automatic rating: 7.5/10, based on live trading, its length, recent monthly results and drawdown.
What ForexStore buyers say about the store (Trustpilot)
ForexStore had a TrustScore of 4.0 from 44 reviews on Trustpilot when we checked on October 24, 2026.
Finley (5 stars): "One of the best places online to buy Forex robots. Great interface, reliable service, and everything works as advertised."
Sharon (5 stars): "Everything went smoothly. Payment was secure, download was instant, and I got prompt responses to my questions."
Ryan S (1 star): "Do not buy from these guys they are middle men and don't care what they rubbish they sell their customers."
A buyer of another robot from the same store, FX Proctor, wrote that the developer first refused a money-back request ("After 2 weeks of mediocre live results, and some back and forth with FX Proctor, I decided to go for the money back. And FX Proctor refused to pay me back!"), and that ForexStore later offered to swap the license for another robot with a refund of the difference.
The pattern: the store's checkout and support get praise; the complaints are about robots losing money and refunds being harder to get than the guarantee suggests.
Comparisons
MyFxRadar vs FX Proctor Special
FX Proctor Special ($379, same store) trades EURUSD and AUDUSD with a daily-trend filter and adjusts the distance between several orders. Its backtested drawdowns are similar (about 31-34%), but its live statistics page stopped updating in June 2026 after the developer's broker accounts were closed, and the store rated it 2/10 on October 24, 2026.
MyFxRadar is $50 cheaper and has a running live record, but a far deeper live drawdown. If a current track record matters most to you, MyFxRadar is the stronger choice of the two; if drawdown matters most, neither is a good fit right now.
Editions and Pricing
MyFxRadar has one edition at $329, a one-time purchase for one trading account with the MT4 and MT5 versions, free lifetime updates and support. The refund: within 30 days, a full refund if it doesn't work correctly under proper conditions (uninterrupted trading, a stable internet connection and the recommended settings), or if your live or demo account's drawdown goes over 30% during the guarantee period on the recommended settings.
FAQs
Is there a free trial of MyFxRadar?
No. MyFxRadar has no trial download. The closest thing is the 30-day guarantee, which you can test on a demo account, since the drawdown refund applies to demo accounts as well.
Does MyFxRadar use martingale or grid trading?
MyFxRadar's developer describes trend trades with a take profit, a stop loss and a profit-only trailing stop, and doesn't mention grid or martingale. An affiliate video description says the same, but we couldn't confirm it from trade histories.
Can MyFxRadar run on other currency pairs?
MyFxRadar is optimized for EURJPY and AUDUSD only, and the published results cover just those two. The site's banner mentioning USDCAD contradicts this, so ask support before relying on any other pair.
Why do FXBlue and Myfxbook show different returns for MyFxRadar?
MyFxRadar's broker merged older closed trades into "profit summary" entries. According to the developer, Myfxbook treats those like deposits, which lowers the reported percentage, while FXBlue counts them as trading profit. The drawdown figures on Myfxbook are still worth reading.
Can I use MyFxRadar on a prop firm account?
MyFxRadar's license works on any account type, but a live drawdown above 58% would break the loss limits of typical prop firm challenges. It's a poor fit for them.
Can I share MyFxRadar's trades as signals?
No. The terms prohibit publishing the robot's signals on any site or service, and the EA is blocked without a refund if that's detected.
System Requirements
- MetaTrader 4 or MetaTrader 5 (both versions are included)
- A standard or ECN broker account with EURJPY and AUDUSD; balances up to $300,000 under the standard license
- A computer or server that keeps MetaTrader running with a stable connection
Conclusion
MyFxRadar does one thing right that many robots don't: it shows a live record on two public monitors, and that record is profitable after nearly two years. Its trend-plus-ADX logic with a profit-only trailing stop is easy to understand.
The reason to hold back is risk. The live drawdowns (58.64% and 78.66% on Myfxbook) are about twice what the backtests suggest, and the "aggressive" backtest claims on the site are not realistic. Our verdict: worth considering only for experienced traders with money they can afford to lose, and only after testing it on a demo account inside the 30-day guarantee. If you want a smoother ride, this isn't it.
Buy Now