Fixer: Automated MT4 order management that unifies portfolios and protects equity

This Fixer review for 2026 evaluates performance data and presents an objective analysis of how the tool manages orders and equity across MT4 terminals. The review examines live account results, reporting win rate, drawdown and trade frequency, and compares those results to the stated behavior in product documentation. Fixer is clearly focused on portfolio management rather than signal generation; its core value is unifying exposure across selected symbols, magic numbers, terminals and accounts while applying virtual stop loss, take profit and trailing mechanisms. What makes Fixer unique is its ability to overlay virtual risk controls on top of existing positions and to create new portfolios that follow user-specified conditions. The algorithm monitors open orders and equity distribution, closing or modifying trades when aggregated thresholds are reached. Fixer works best in markets where correlated instrument exposure can be consolidated, such as major forex pairs and indexed CFDs, and it is less dependent on precise entry timing. Risk management in Fixer relies on virtual SL/TP and portfolio-level trailing, which helps limit equity drawdown across instruments. Expected performance characteristics include moderate trade frequency, improved equity curve smoothing, and drawdown containment when appropriately sized. Developed for MT4 by Dimitri Nepomniachtchi, Fixer requires careful parameter tuning to match account leverage and trader risk tolerance.