🚀 MyForexPath EA Review — Trend-Following Robot with Smart Drawdown Control
🔎 Overview
MyForexPath EA is a fully automated Forex robot for MetaTrader 4 & 5 designed by ForexStore. It uses a trend-following strategy based on Moving Averages and Parabolic SAR to identify and trade with the market direction, automatically managing trades to minimize large losses. Compatible with most brokers and featuring built-in drawdown controls.
🛠️ Strategy & Key Features
- 📈 Trend detection via MA + Parabolic SAR indicators
- 🔄 4 independent sessions per pair for diversified signal sourcing
- 🛡 Smart loss recovery: closes trades quickly if trend reverses to limit drawdown
- 💱 Supports AUDUSD, EURUSD, USDCAD on H1 (recommended) :contentReference
- 🆘 Lifetime license, free updates, 24/7 support, 30-day money-back guarantee
You can run it in semi-auto mode, receiving alerts instead of auto-execution for manual oversight.
📈 Performance Highlights
- Win rate ~65–70% per trade
- Live Myfxbook AUDUSD account since Aug 2022: +353% gain, Drawdown ≈27.9%, Monthly ROI ≈7.7%, Profit Factor ≈3.29
- Multi-pair live account: +758% gain, Drawdown ≈61.6%, Monthly ROI ≈11.1%
- Backtests since 2016 show strong results under both “Maximum” and “Normal” risk settings
✅ Pros
- Clear trend-following strategy with recovery logic
- Independent sessions increase signal diversity
- Live and backtest results point to strong returns
- Flexible license and solid post-sale support
❌ Cons
- Drawdowns can exceed 60% in aggressive scenarios
- Backtests use 90% modeling quality—not tick-accurate
- Tile risk: Grid/martingale-like recovery style may amplify losses
🎯 Best For
- Traders who prefer trend-based systems with built-in drawdown protection
- Users comfortable adjusting risk levels on AUDUSD, EURUSD, or USDCAD
- Automated traders using MT4/MT5 on a VPS
🚫 Not Ideal For
- Risk-averse beginners who cannot tolerate large drawdowns
- Those seeking fully transparent vendor background
- Traders wanting a fully diversified multi-pair system in one EA
🏁 Final Verdict
MyForexPath EA delivers a robust trend-following trading experience with intelligent drawdown control and verified live results. Its independent session structure and recovery logic offer powerful advantages—but drawdowns can still be substantial. Best suited for experienced traders who test conservatively before scaling. Start demo first, then adjust risk.
by TopForexEA
MyForexPath EA is one of the few robots I’ve tested that truly follows trends. The drawdown stays low, and verified Myfxbook stats gave me confidence. I’ve been running it for 4 months and getting steady returns around 6–10% monthly
by Sophia M. (UK)
Very solid EA for long-term trading. It avoids overtrading and sticks to high-probability setups. Sometimes it stays quiet for days, but that’s actually good risk control. Great for patient traders.
by David R. (USA)
I bought MyForexPath EA because I needed a reliable trend-following system. It works exactly as promised, no crazy martingale or grid. Good support team and free updates make it even better.
by Marco L. (Italy)
The EA is safe, but don’t expect massive monthly gains. It’s designed for slow and steady growth. For me, it’s fine because I prefer low risk, but aggressive traders might find it too conservative.