FxMagnetic Software Update 1.6.0 Adds Fair Value Gap Module and Enhanced Risk Controls for Strategy Traders

London, UK – December 22, 2025 — The release of FxMagnetic 1.6.0 marks a significant step forward for traders building structured, rule-based strategies within the MetaTrader environment. The new version introduces a specialized Fair Value Gap (FVG) trading tool, expanded filtering options, and advanced features designed to help both forex traders and prop firm traders navigate volatile markets with more precision and control.

FVG Trader Brings Institutional Concepts to Retail Strategy Builders

Fair Value Gaps—gaps between candles often interpreted as unbalanced price delivery—are a concept traditionally used by institutional traders. FxMagnetic’s new FVG Trader allows users to identify these gaps visually, apply filters, and build strategies that exploit them, all without coding.

The module integrates seamlessly into the existing Scanner and Autotrader ecosystem, letting traders test FVG logic on historical data and deploy live automation using SL/TP and risk parameters.

New Trade Filters and Swing-Based SL/TP

Two newly added RSI-based filters are now available to all users:

• RSI Rebound: Targets reversal entries after RSI exits an overbought or oversold zone.
• RSI Trend Direction: Allows trades only in the direction suggested by RSI value—ideal for trend confirmation.

Both filters support a new logic layer known as the “Third Setting,” enabling more detailed strategy conditions. This flexibility will be rolled out to other filters in upcoming versions.

Also new in version 1.6.0 is the Swing High/Low SL/TP type, which replaces traditional fixed or indicator-based exits with levels derived from recent price structure. This gives traders stop-loss and take-profit logic that aligns with actual support and resistance points in the market.

Trade Limits, Expectancy Optimization, and Enhanced Journaling

To better manage risk and prevent overtrading—especially in environments with strict rules such as proprietary firm accounts—traders can now apply a Max Trades Per Day limit to each strategy. Once the set threshold is reached, that strategy is paused for the rest of the trading day.

Additionally, the strategy optimization engine now supports a new objective: Highest Expectancy (R-Multiples). This mode ranks strategies by reward-to-risk expectancy, helping traders identify setups that deliver consistent returns over time rather than just occasional spikes in profit.

“Many traders overlook expectancy when evaluating strategies. By adding it to the optimization process, version 1.6.0 shifts the focus to risk-adjusted consistency, which is especially relevant for traders managing multiple funded accounts,” said a spokesperson involved in the update.

Other quality-of-life improvements include:

• Magic Number Labeling for MCL Events: When a strategy hits its Max Consecutive Losses threshold, the Journal now logs the responsible strategy’s Magic Number—making it easier to diagnose issues when running multiple instances.
• Improved SLTP Customization: The new SLTP Parameter 1 input allows deeper control of SL/TP behavior depending on the selected logic—whether using ATR, PSAR, or structural levels.

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About FxMagnetic

FxMagnetic is a chart-based strategy creation platform designed for MetaTrader 4 users who want to backtest and automate trades using visual tools. Its modular architecture includes apps built around common technical indicators and patterns, such as RSI, MACD, PSAR, Engulfing, and Bollinger Bands. Traders can build and refine their own systems with no coding required, using tools that emphasize testability, visual feedback, and real-world performance metrics.

To explore FxMagnetic 1.6.0 and its expanded toolset, visit www.fxmagnetic.com.