collapse

Author Topic: forex cyborg  (Read 90946 times)

Offline nick3232

  • DonbonsPrivateGroup
  • Full Member
  • *
  • Posts: 400
forex cyborg
« on: July 24, 2017, 04:10:04 PM »
http://www.forexcyborg.com/

any opinion on that one ?

ok found some answers

ure! Forex Cyborg is a very complex and innovative trading robot we developed in the past 2 years.
Forex Cyborg is a multicurrency (pre-)asian scalper that trade 14 currency pairs at the same time. It start trading at the end of the american and start of pacific trading session when market players close their positions and short-term trend reversal occurs. It trade between 18:30-23:30 GMT.
It use 5 different exit logics to find the best exit point. Forex Cyborg use TP and SL (50 - 120 pips depending on the chosen pair) but will close more than 99% of the trades earlier. It will reach this targets only in unusual market conditions and is there as a insureance to limit the risk and make it calculable.
Forex Cyborg does not use any risky technique like grid or martingale. It open max. 1 position per currency pair.
The achilles heel of every multicurrency asian scalper is, that they open multiple positions of the same currency in different currency pairs and upper the risk in case of a strong trend. Sometimes up to 4-6 positions at the same time.
We are proud to deliver a solution for this problem with our innovative 'currency correlation risk-manager'.
It scans the open positions and block multiple positions of the same pair. Per default Forex Cyborg allow max. 2 positions of the same pair (it can be changed in the parameters). A small example to explain it: If Forex Cyborg already opened a EURCAD - sell and a CADCHF - buy, than it will block USDCAD - sell or GBPCAD - sell, until one of the two opened order are closed. GBPCAD - buy would be possible in this case.
Another interesting fact about Forex Cyborg can be found in the stats of the live account (and in the backtests). We managed to archive a greater average win (pips) compared to the average loss (pips), while we have a winning rate over 75%.

sure that needs more time to figure out the performance

Offline corre971

  • Hero Member
  • *****
  • Posts: 3238
Re: forex cyborg
« Reply #1 on: July 24, 2017, 04:26:11 PM »
http://www.forexcyborg.com/

any opinion on that one ?
It is another night scalper, so very sensible to spread, execution, news...
But first of all with a very short trading history (2 and half months)

Offline nick3232

  • DonbonsPrivateGroup
  • Full Member
  • *
  • Posts: 400
Re: forex cyborg
« Reply #2 on: July 24, 2017, 04:28:02 PM »
in the same category of forex real profit

will keep an eye on it

sure that need an excellent broker well suited for asian trading

Online Humble Trader's Fx

  • Global Moderator
  • Sr. Member
  • *****
  • Posts: 1446
Re: forex cyborg
« Reply #3 on: July 24, 2017, 04:38:08 PM »
http://www.forexcyborg.com/

any opinion on that one ?
It is another night scalper, so very sensible to spread, execution, news...
But first of all with a very short trading history (2 and half months)

Yes, one to keep an eye on. Give it another three-months. :o

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.


Online reinerh

  • DonbonsPrivateGroup
  • Hero Member
  • *
  • Posts: 2755
Re: forex cyborg
« Reply #4 on: July 24, 2017, 05:27:32 PM »

wow, very interesting concept. watching globally across.

there is some wicked logic in that one.

Offline donbon2

  • Hero Member
  • *****
  • Posts: 2010
Re: forex cyborg
« Reply #5 on: July 24, 2017, 10:20:10 PM »
audcad euraud eurcad gbpaud  these are all correlated - so would hate to have alot of positions and then AUD data comes out - sure can make a profit but could also wipe out an account -- also NZD data.

gbpaud on a bad day moves 200 points in one direction.

good idea but feel like the protections just aren't there for the long run.

It is always the case with EA's - noone wants to stop out and reduce account equity but hedging or offsetting positions can snowball and ultimately a stop is a better option.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Online reinerh

  • DonbonsPrivateGroup
  • Hero Member
  • *
  • Posts: 2755
Re: forex cyborg
« Reply #6 on: July 24, 2017, 11:49:07 PM »
audcad euraud eurcad gbpaud  these are all correlated - so would hate to have alot of positions and then AUD data comes out - sure can make a profit but could also wipe out an account -- also NZD data.

gbpaud on a bad day moves 200 points in one direction.

good idea but feel like the protections just aren't there for the long run.

It is always the case with EA's - noone wants to stop out and reduce account equity but hedging or offsetting positions can snowball and ultimately a stop is a better option.

yes true,  a data comes out during asia times. it might have a news filter for that, we dont know.

upon looking at trades it is similar to the one donna runs.

this one also allows for quite a large dd per trade, seen up to 85 pips, before closing in green.

also some trades last seconds, so that means limit orders are placed, and if thats not the case then a super fast connection is required.

tp values are quite high so thats nice for a scalper.


Offline donbon2

  • Hero Member
  • *****
  • Posts: 2010
Re: forex cyborg
« Reply #8 on: August 14, 2017, 12:55:48 PM »
like i thought - 70 -50 all in these audchf gbpaud euraud

this isn't going to last - I watch these morning sessions like a hawk due to using best scalper and other strategies like that .. just too risky to have aud cross and nzd cross in early mornings.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Online reinerh

  • DonbonsPrivateGroup
  • Hero Member
  • *
  • Posts: 2755
Re: forex cyborg
« Reply #9 on: August 14, 2017, 12:58:47 PM »
don,

also dont forget august 1st all patterns changed once again, especially for scalpers bigggg time.

this fall it should go back to the usual i assume.

Offline donbon2

  • Hero Member
  • *****
  • Posts: 2010
Re: forex cyborg
« Reply #10 on: August 14, 2017, 01:04:41 PM »
I get that -- but my point is this can never win long term in the real market .. better off looking for something else imo.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


Online reinerh

  • DonbonsPrivateGroup
  • Hero Member
  • *
  • Posts: 2755
Re: forex cyborg
« Reply #11 on: August 14, 2017, 01:24:48 PM »
I get that -- but my point is this can never win long term in the real market .. better off looking for something else imo.

there are some scalpers trading a crosses quite well, see ninjatrainer.

it has a quite decent history by now.

and best scalper on fx germany is killing it.

but me personally dont like scalpers, especially when they hold over the weekend. the times are simply to uncertain anymore.

Offline WolfGUN

  • Jr. Member
  • **
  • Posts: 61
Re: forex cyborg
« Reply #12 on: August 14, 2017, 03:07:41 PM »
As every auto-trading tool - explosive ::)
Myfxbook shows a dying swan.

Online ForexCyborg

  • Full Member
  • ***
  • Posts: 110
Re: forex cyborg
« Reply #13 on: December 23, 2017, 10:57:04 AM »
Hey guys,
I just found this discussion about our EA and I would like to give some information:

Some guys wrote about the correlation - problem: We solved this problem in Forex Cyborg.

The achilles heel of every multicurrency asian scalper is, that they open multiple positions of the same currency in different currency pairs and upper the risk in case of a strong trend. Sometimes up to 4-6 positions at the same time.
We are proud to deliver a solution for this problem with our innovative currency correlation risk-manager.
It scans the open positions and block multiple positions of the same currency. Per default Forex Cyborg allow max. 2 positions of the same currency (it can be changed in the parameters). A small example to explain it: If Forex Cyborg already opened a EURCAD sell and a CADCHF buy, than it will block USDCAD sell or GBPCAD sell, until one of the two opened order are closed. GBPCAD buy would be possible in this case.



We want to celebrate a new equity high on all our published account and to give you all a christmas gift.

We offer a 15% discount for a limited time. You can find all details on our website www.forexcyborg.com

Forex Cyborg has proven to be a profitable Expert Advisor and managed to get back on track even on a historical DD.
We will release version v1.1 in about 1 week with improvements + the GBPCHF pair. So you will be able to trade on 15 pairs.

Forex Cyborg is profitable already on 7 of 8 month in the forward tests on FXPIG.

By the way: Forexgermany has a undependent forward test if you are interested: https://www.myfxbook.com/members/forexgermany/forex-cyborg/2178360

As you can see this EA can be used on several brokers (we are running 3 accounts + forexgermany one more)


I would like to answer all your questions, so feel free to write here or a PM


Best regards,
Forex Cyborg Team

Offline donbon2

  • Hero Member
  • *****
  • Posts: 2010
Re: forex cyborg
« Reply #14 on: December 26, 2017, 10:41:26 PM »
I can see you have made changes to reduce those killer mornings and it has helped your performance to be much more stable now.

I think the problem for me is the pricing - you want 500 EUR for something that will make 20% a year based on FG account (he has made 10% in 6 months)

there are EAS that make 120% that cost 250  .. that also in the long run are safer than yours ... you have more work to do to really make this value for money.
Broker - IC Markets   VPS - Amazon EC2 + CNS  

EA:
Powerflow NZDCAD
EA Lab MA Crossover

News - Thomson Reuters Eikon
Trade Manager - Visual Trading Console for MT4
Trading Rebates - through CashBackFX
Trade Notification EA - TradeTalk from FX Blue - free
VPS - I recommend Amazon EC2 - if you qualify for a Broker Sponsored one get CNS
PZ Support/Resistance Indicator / Day Trading Indicator


 

browse forum

* Recent Posts

Re: US NFP and Canadian Employment change by Umar
[Today at 06:16:38 PM]


Re: Forex Optimum Representative by Hilapur
[Today at 03:14:15 PM]


Re: Outsidethebox HK Signals & PAMM funds by SJWkiller
[Yesterday at 05:24:40 PM]


Re: Pegasus FX by nwboater
[Yesterday at 01:52:31 PM]


Re: Your favourite car? by 2cuteEssence
[Yesterday at 11:12:10 AM]


Re: The Most Common Forex Myths by Loperte
[Yesterday at 09:32:09 AM]


Re: Pegasus FX by Pegasus FX
[Yesterday at 07:55:47 AM]


Re: Pegasus FX by nwboater
[Yesterday at 01:59:30 AM]


Re: Pegasus FX by Pegasus FX
[Yesterday at 01:31:24 AM]


Re: Outsidethebox HK Signals & PAMM funds by reinerh
[April 19, 2019, 05:48:27 PM]