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Author Topic: forex cyborg  (Read 97320 times)

Offline petersurrey

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Re: forex cyborg
« Reply #45 on: January 17, 2018, 05:23:07 PM »
Hi cyborg - what feed are you using on fxpig and are you giving this forum's members a discount coupon?;)

Will it also work on a GBP account ( vs EU)?
« Last Edit: January 17, 2018, 06:05:43 PM by petersurrey »

Online ForexCyborg

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Re: forex cyborg
« Reply #46 on: January 17, 2018, 07:27:03 PM »
Hello petersurrey,

Thank you for your interest.
The FXPIG-account use the SPA-Feed. I think it is the best "universal" feed they provide regarding spread, slippage and execution time.

About the discount coupon:
We are still have the 15% discount active, because my teammember seems to be too busy in the last 36 hours ;-) I hope he will change the website in the next hours or tomorrow.
So right now you can still use it.

And sure, it can be used on a GBP account without any problems.

I hope to welcome you as a new customer in the next days :-)

Offline petersurrey

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Re: forex cyborg
« Reply #47 on: January 25, 2018, 09:02:23 AM »
Still watching this one - another question - I note on some days it doesn't trade at all ( 23rd Jan) - how does it know when to and not to trade?

Online ForexCyborg

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Re: forex cyborg
« Reply #48 on: January 25, 2018, 02:03:33 PM »
Hello petersurrey,

Forex Cyborg use a set of filter to avoid bad entries. One of the filters is a channel filter. Too low movements ends up often in a bad risk to return value. It is only possible to catch up a few pips, but the movements are too often unpredictable.
Another filter is based on price action. If the market activity is too low, than it will filter trade entries too. But too high volatility is bad too... therefore there is a filter too for this.
As you can see in the back tests, some pairs trade only a few hundrets times in over 6 years. (for example AUDUSD less than 500 trades)

Sometimes there will be 1-3 days where you will see not a single trade, sometimes you will see 6-8 trades in only one trading session. It all depends on the market activity and the trade opportunities.

Online dasher1980

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Re: forex cyborg
« Reply #49 on: January 27, 2018, 06:04:23 PM »
Forex Cyborg, am I correct in understanding that you changed something after July last year? These was a decent drawdown and since than it looks much better. You changed the correlation issue?

Also any discount you can offer for the members here?

Thanks

Online ForexCyborg

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Re: forex cyborg
« Reply #50 on: January 27, 2018, 09:05:21 PM »
Forex Cyborg, am I correct in understanding that you changed something after July last year? These was a decent drawdown and since than it looks much better. You changed the correlation issue?

Also any discount you can offer for the members here?

Thanks


Hello dasher,

Thank you for your message.
No there was no change in the settings / setup or risk settings since the first day of the account until the 14.1.2018
At this date I updated all accounts to v1.1

Drawdown phases are totally normal for EVERY system and they will happen in the future too.
Changing settings and setups during this time does mean that you don't trust your own system / EA.
I fully trust in it and I was aware that a DD of 25-30% can and will happen based on the back tests. It was just a bad timing, because it was just a few weeks after the sale began.
Personally I don't like if any EA seller close and reopen any live-account or if they change the settings every 2-4 weeks.
Customer want to compare the own results with the account of the seller and want to see the real risk.
For sure I would generate more sales if I close and reopen a live account if i face a big DD.

And regarding the discount: Please write me a message at support@forexcyborg.com with the package you want and we will see what we can do :-)

Online dasher1980

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Re: forex cyborg
« Reply #51 on: January 28, 2018, 05:36:53 PM »
Thanks for your reply. I agree that a 30% drawdown can happen anywhere. However for my personally the short live performance and the relatively high price (an no discount) means I will leave this EA for now. There are enough cheaper EAs out there with a lot more live performance.

I understand where you are coming from, if there is some sort of OK performance its best to profit the most out of it by asking a high price. As with most of the EAs out there they don't live long and people lose interest all together with a drawdown. Thats the reason why there are actually very very few EA's who live longer than 2 Years. Best Scalper is one exception (I own this one). You will see the same on MQL, as soon as some EA performs well and reaches number one on there, sellers ask the maximum price for a couple of weeks and soon they will drop the price once the drawdowns happen and they lose their pole position.

Anyways, I guess thats the nature of FX Business, its unregulated. So its hard to navigate through all this. Wishing you healthy sales and a good performance!

Online ForexCyborg

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Re: forex cyborg
« Reply #52 on: January 28, 2018, 05:56:44 PM »
Thank you dasher for your valuable feedback.

Yes Best Scalper has a fantastic history and except the bugs it seems to be a good EA.
The only thing that disturb me is that it is very broker sensitive, because of the low expectancy.

But I can understand your argument, that Forex Cyborg is not interesting for you with a too short history. So give it some more months... Maybe we can do some business in the future :-)

I wish you a good upcoming trading week and much luck with your copy of Best Scalper!

Online dasher1980

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Re: forex cyborg
« Reply #53 on: January 28, 2018, 07:25:58 PM »
Agree, I do like your expectancy. Hence my initial interest. Will keep an eye on yours to see how it performs over the next months. If it keeps doing what it does now, I might be indeed a buyer.

All the best

Online ForexCyborg

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Re: forex cyborg
« Reply #54 on: January 29, 2018, 03:50:18 PM »
@dasher1980:

Thank you and I would be happy about it!


@bearnakedbull:


 I don't know any asian scalper with a higher expectancy rate + higher average win-rate vs the average loss-rate + is able to trade 15 different pairs + can provide that good backtests.
This one is pretty close at $159.
https://www.myfxbook.com/members/PeregrimEA/evonightea/2252381

I saw your MQL-Review of EvoNight and that you had 4 full stops last week and that the most user don't get a good explanation of Ivan how this could happen...
It is quite simple to explain it in my view: Ivan back tested EvoNight with fixed spreads and has problems to get good back tests results with variable spreads for some pairs. What happend here last week were big spreads that reached the SL of many users. Trading GBPCHF with a fixed SL of 40 pips will always fail in the reality on long term in my view. Even the best retail broker will have spreads of 25-40 pips at the worst time (for example at monday market opening).

And don't believe Ivan when he said that you can not compare back test results with forward results.
I compared this weekend every single trade of this month between the back test and my new forward account (of the broker circle markets) to find out, that they are equal about 80-90%. They are very good comparable!

I'm sure that if you would run a back test of EvoNight with a fixed spread of 4.0 pips, like Ivan did it in his published back tests, you will not see that 4 losses last week.

I just want to point out, that you should be worried if a seller tell you that you can't compare tick data based backtests with live forward results. That's just not true.

Offline bearnakedbull

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Re: forex cyborg
« Reply #55 on: January 29, 2018, 03:54:58 PM »
Yes Evonight was a fast failure. I actually shut it off only after one week. Very disappointing. I could have bought Cyborg with money I just lost on Evo.
Regards, bnb

Online reinerh

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Re: forex cyborg
« Reply #56 on: January 29, 2018, 04:42:50 PM »
i analysed the trades some last night,

cyborg seems to trade in direction of trend, most all scalpers are counter.

thats why cyborg had a good run recently = g pairs

also it goes for higher tp values since it tries for the trend the way it seems to me.

and i agree with mr cyborg, bt can be relied on big time with certain ea and as long its done properly.

Online ForexCyborg

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Re: forex cyborg
« Reply #57 on: January 30, 2018, 07:10:01 AM »
Good news: The first 100% was reached in less than 9 months on the FXPIG account (even with a 25% DD in August last year).

I'm looking forward for the next 100% in the next months  :)

Thank you @ all customer for your support

Online ForexCyborg

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Re: forex cyborg
« Reply #58 on: March 06, 2018, 09:59:10 AM »
After over 1 month, here is an update:

1.) We achieved a monthly gain of 13.79% on our main FXPIG account in 02/2018

2.) We upper the deposits last month. With the additional deposit + the current profits we are nearly at the 20k mark on all published accounts.
We don't use only $300 (or less) at our forward account. We want to show that it is possible to trader higher lots too using Forex Cyborg.

3.) Our high risk set up (=5.5% risk per trade + no risk correlation manager) on our new broker Circle Markets reached the 100% gain mark after 9 weeks (since 2.1.):
https://www.myfxbook.com/members/forexcyborg/forex-cyborg-circle-markets-high/2378197

4.) We offer now a PAMM account too. Write me if you are interested

5.) The next version (v1.2) has a slippage control, that will show you the average slippage for the current pair and for all pairs. It will be possible to compare your prefered brokers with that tool.
In addition we will add the first JPY-pairs too.
It is currently in the testing and will be released soon.

6.) We highly recommend to everyone to try Circle markets. If you ever thought that Darwinex, FXPIG, IC Markets or Pepperstone is the best broker out there, than you have to try them.

Here are the reasons:
1.) They offer spreads like IC Markets or better. EURUSD + GBPUSD are sometimes at -0.1
2.) Low commission: Only $5 per lot
3.) Well regulated (FSP)
4.) Pure and fast NDD Execution
5.) Better swaps compared to Darwinex and FXPIG
6.) FIX API and individual price feeds are possible
7.) Great customer support

It is currently my prefered broker. It is just a broker from a real trader (that knows the needs) for traders. The only bad thing is that it is a still quite young broker (about 2 years in the market)

I would be happy if you use our IB link if you plan to try them:
https://live.crm.circlemarkets.com/signup/IChJ6jcH


Best regards,
Forex Cyborg Team

Offline atomico

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Re: forex cyborg
« Reply #59 on: March 06, 2018, 12:00:40 PM »
good morning Cyborg,

seems a good EA, i can follow and see how it continue... BUT... i am little confused...

on the new account on Circle Markets published on myfx i see the GAIN is 103,62%...

on my mind, a gain of 100% is the DOUBLE of initial deposit capital... in this case you start with 7.000 BUT the actual balance is NOT correct with the 103,62% (about over 14.000)
the showed PROFIT is ONLY 1.501,41...

where the mistake? or i am wrong?

best regard

 

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