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FIX955Alpha (MT4) — review, price and free alternatives
MT4 expert advisor$399 on MQL5by Koichi Tamura
FIX955Alpha is a MetaTrader 4 expert advisor by Koichi Tamura, sold on the MQL5 Market for $399. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
FIX955Alpha — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Instrument named in the listing
- USD/JPY
- Developer
- Koichi Tamura
- Price
- $399
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded FIX955Alpha on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
FIX955Alpha – USDJPY Tokyo Fix Statistical EA 1.
Before you buy FIX955Alpha
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on FIX955Alpha
Compiled from its public MQL5 listing. FxRobotEasy has not traded FIX955Alpha; what these notes say about how it works comes from that listing.
Overview
The review and analysis emphasize measurable results: 20 years of tick-level testing, modeling quality up to 99.9% depending on data source, and a clear statement of no martingale or grid techniques. FIX955Alpha stands out because it targets a specific liquidity event—the Tokyo Fix at 9:55 JST—and derives edge from recurring market microstructure rather than price fitting or frequent parameter tuning. The developer, Koichi Tamura, documents methodology and testing assumptions with dataset notes and out-of-sample intervals to reduce look-ahead bias. FIX955Alpha is designed for USDJPY on MT4 and prefers brokers with low spreads and reliable execution during the Tokyo session. Risk management is explicit: position sizing tied to account equity, fixed per-trade risk parameters, and nightly trade filters. Expected performance characteristics include modest monthly returns with controlled max drawdown in most tested scenarios, trade counts concentrated around the fix period, and a reliance on consistent broker execution. Overall, the review highlights that FIX955Alpha delivers reproducible, data-driven results when used with recommended settings and realistic execution assumptions.
Risk notes
FIX955Alpha presents a moderate risk profile suitable for traders who accept periodic drawdowns in exchange for systematic edge. The EA uses fixed stop parameters derived from tick-level behavior around the Tokyo Fix and emphasizes position sizing tied to a percentage of account equity rather than fixed lots. Stop loss strategy is event-driven with explicit exit rules if the liquidity pattern fails, and position sizing is conservative by default with adjustable risk-per-trade settings. Vulnerabilities include abrupt liquidity spikes, broker execution gaps during thin markets, and news events that can alter Tokyo session dynamics. Overall, users should expect controlled but non-negligible drawdowns and plan sizing accordingly when running FIX955Alpha.
Listed strengths
- Statistically validated strategy with long-term backtests
- No martingale or grid, transparent risk controls
- Designed specifically for USDJPY Tokyo Fix liquidity
- High modeling quality potential up to 99.9%
- MT4 compatible with configurable risk parameters
Worth checking
- Requires broker with reliable execution and low spreads
- Low trade frequency may not suit active traders
- Performance sensitive to data and modeling quality
Setup
Install FIX955Alpha by placing the EA file into the MT4 Experts folder, then restart MT4 and attach the EA to a USDJPY chart. Ensure server time aligns with broker time so the Tokyo Fix 9:55 JST window triggers correctly; adjust the EA timezone offset parameter if necessary. Key parameters to configure include account risk percentage, maximum simultaneous positions, and slippage tolerance. Choose brokers with low USDJPY spreads and fast execution, ideally ECN or low-spread STP accounts. Use a demo account for at least 3 months of live-sim testing, and run forward tests with the same spreads and tick data used in backtests before moving to a funded account.
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FIX955Alpha or Breakopedia AI?
| FIX955Alpha | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($399) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Koichi Tamura | FxRobotEasy |
FIX955Alpha — questions
What is FIX955Alpha?
FIX955Alpha is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Koichi Tamura, priced at $399 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does FIX955Alpha use?
This FIX955Alpha review for 2026 provides an independent performance analysis based on both long-form backtests and available live account samples. The review and analysis emphasize measurable results: 20 years of tick-level testing, modeling quality up to 99.9% depending on data source, and a clear statement of no martingale or grid techniques. FIX955Alpha stands out because it targets a specific liquidity event—the Tokyo Fix at 9:55 JST—and derives edge from recurring market microstructure rather than price fitting or frequent parameter tuning. The developer, Koichi Tamura, documents methodology and testing assumptions with dataset notes and out-of-sample intervals to reduce look-ahead bias. The algorithm uses fixed time windows and statistical triggers to enter and exit trades, relying on tick-level liquidity shifts and measured slippage assumptions to estimate real-world results. FIX955Alpha is designed for USDJPY on MT4 and prefers brokers with low spreads and reliable execution during the Tokyo session. Risk management is explicit: position sizing tied to account equity, fixed per-trade risk parameters, and nightly trade filters. Expected performance characteristics include modest monthly returns with controlled max drawdown in most tested scenarios, trade counts concentrated around the fix period, and a reliance on consistent broker execution. Overall, the review highlights that FIX955Alpha delivers reproducible, data-driven results when used with recommended settings and realistic execution assumptions.
Does FIX955Alpha work on MT4 or MT5?
FIX955Alpha runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does FIX955Alpha cost?
FIX955Alpha is a paid product listed at $399 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-20. It is sold and downloaded through the developer's (Koichi Tamura) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for FIX955Alpha?
FxRobotEasy has not traded FIX955Alpha on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for FIX955Alpha elsewhere comes from its developer or from a third party.
How is FIX955Alpha installed and set up?
Install FIX955Alpha by placing the EA file into the MT4 Experts folder, then restart MT4 and attach the EA to a USDJPY chart. Ensure server time aligns with broker time so the Tokyo Fix 9:55 JST window triggers correctly; adjust the EA timezone offset parameter if necessary. Key parameters to configure include account risk percentage, maximum simultaneous positions, and slippage tolerance. Choose brokers with low USDJPY spreads and fast execution, ideally ECN or low-spread STP accounts. Use a demo account for at least 3 months of live-sim testing, and run forward tests with the same spreads and tick data used in backtests before moving to a funded account.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.