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Thread: The M5G Cyborg EA

  1. #1
    Junior Member fxgrm's Avatar
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    Wink The M5G Cyborg EA



    The M5G Cyborg Official Website

    Here is some info on the M5G Cyborg EA. We will try to post updated results and info here on a more regular basis for those who are interested. There are no demo versions available since we have had some in the past decompiled and then distributed under a different name by some unscrupulous individuals.

    We do not use any backtesting results, only forward testing. We will be happy to answer questions, but before posting your inquiries here we recommend first visiting the eu4x.com website to see if the answer to your question can be found there first.

    As for the strategy employed by the EA, that is a carefully guarded secret but the setfiles posted at the website for each strategy can give you a lot of information on how the EA trades. For example, the EA only trades 2-3 hours a day from Monday-Thursday. It is a range trader, not a scalper and does not use any hedging strategies. It is not a Martingale style trader, but it does use 1 or 2 auxiliary limit orders maximum. This is only to take advantage of any drawdown that may occur and to allow the EA to modify the original TP so the trade can be exited profitably much sooner.

    Cheers
    Attached Images Attached Images The M5G Cyborg EA-cyborg-detailed-statement-gif 
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    Last edited by fxgrm; 04-23-2009 at 16:39.

  2. #2

    Default

    Quote Originally Posted by fxgrm View Post
    Here is some info on the M5G Cyborg EA. We will try to post updated results and info here on a more regular basis for those who are interested. There are no demo versions available since we have had some in the past decompiled and then distributed under a different name by some unscrupulous individuals.

    We do not use any backtesting results, only forward testing. We will be happy to answer questions, but before posting your inquiries here we recommend first visiting the eu4x.com website to see if the answer to your question can be found there first.

    As for the strategy employed by the EA, that is a carefully guarded secret but the setfiles posted at the website for each strategy can give you a lot of information on how the EA trades. For example, the EA only trades 2-3 hours a day from Monday-Thursday. It is a range trader, not a scalper and does not use any hedging strategies. It is not a Martingale style trader, but it does use 1 or 2 auxiliary limit orders maximum. This is only to take advantage of any drawdown that may occur and to allow the EA to modify the original TP so the trade can be exited profitably much sooner.

    Cheers
    I have 1 EA programmed by me, that works in way very similar to the of you.
    The fall in the graph was not loss, it was withdraw of funds.
    Attached Images Attached Images The M5G Cyborg EA-fxddfrv3-gif 
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  3. #3
    Junior Member fxgrm's Avatar
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    Default Results if Cyborg is pushed

    Yes. The Cyborg EA can also achieve incredible results if pushed, but is recommended to use more sustainable settings for more consistent results.

    Here for example Cyborg returned over 77% in just 4 days and did it using fixed lots. But many users are just as happy with 5-10% a week if they can protect their account from margin calls.
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    Last edited by fxgrm; 04-23-2009 at 21:53.

  4. #4
    Junior Member fxgrm's Avatar
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    Default Looks like a true Martingale

    Quote Originally Posted by Diamantinense View Post
    I have 1 EA programmed by me, that works in way very similar to the of you.
    The fall in the graph was not loss, it was withdraw of funds.
    Looking at your statement I see a lot size progression of at least 4 levels using a multiplier of 2 which is doubling down which is a classic Martingale setup. Looks like you are using a grid step of 30 pips with no Stop Loss.

    Cyborg uses only 3 levels max for limit orders. In fact Cyborg works just as well with just 1 scaled in Auxiliary order using a multiplier of only 1.5 as seen in the statement posted above.

    Be careful, martingales are notorious for making big money fast in ranging markets but then blow up even quicker during a breakout. At least think about adding a Max Level or Stop Loss input to your EA to protect your account.
    Last edited by fxgrm; 04-23-2009 at 22:07.

  5. #5

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    first you look yourself ı think cyborg or other robots like fap turbo exc..ı always run away from the big stop loss limits which is in these kind of flashy robots ..ı do with my system better..who you think convince about that..go away pls..

  6. #6
    Junior Member fxgrm's Avatar
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    Default

    Quote Originally Posted by cimi View Post
    first you look yourself ı think cyborg or other robots like fap turbo exc..ı always run away from the big stop loss limits which is in these kind of flashy robots ..ı do with my system better..who you think convince about that..go away pls..
    75-140 pip SL is hardly bigger than No SL. I think you might be in the wrong thread. This is the commercial section.
    Last edited by fxgrm; 04-24-2009 at 13:22.

  7. #7

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    Quote Originally Posted by fxgrm View Post
    Looking at your statement I see a lot size progression of at least 4 levels using a multiplier of 2 which is doubling down which is a classic Martingale setup. Looks like you are using a grid step of 30 pips with no Stop Loss.

    Cyborg uses only 3 levels max for limit orders. In fact Cyborg works just as well with just 1 scaled in Auxiliary order using a multiplier of only 1.5 as seen in the statement posted above.

    Be careful, martingales are notorious for making big money fast in ranging markets but then blow up even quicker during a breakout. At least think about adding a Max Level or Stop Loss input to your EA to protect your account.
    I dont use Stop Loss but i use Max Loss to close all orders and stop the EA with this code:

    if (Profits<=(MaxLoss*(-1)))
    {
    ParaTudo=true;
    for(Ir=OrdersTotal();Ir>=0;Ir--)
    {
    OrderSelect(Ir, SELECT_BY_POS, MODE_TRADES);

    mode=OrderType();
    if((OrderSymbol()==Symbol())&&(OrderMagicNumber()= =Magic))
    {
    if (mode==OP_BUY)OrderClose(OrderTicket(),OrderLots() ,OrderClosePrice(),10,Blue);
    if (mode==OP_SELL)OrderClose(OrderTicket(),OrderLots( ),OrderClosePrice(),10,Red);
    if (mode==OP_BUYLIMIT)OrderDelete(OrderTicket());
    if (mode==OP_SELLLIMIT)OrderDelete(OrderTicket());

    }
    }

    return(0);
    }

    if (ParaTudo)return(0);

  8. #8
    Junior Member fxgrm's Avatar
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    Default Stop Loss Code

    Very smart move. Glad you are having good results with your EA

  9. #9
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    Default

    You offer no refunds, very expensive EA for something that we can not test out first, what if this EA does does not perform as you state in your tests and website.

    Ok no refunds but offer us something more like a demo, i am sick and tired of reading about how great some of these EAs are only to see them lose money in my tests.

  10. #10
    Junior Member fxgrm's Avatar
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    Default Demos can be decompiled

    Look for Cyborg EA forward tests in near future on Pipcop. As stated in the very first post we have been screwed by people who received demos from us in the past and them had them decompiled. Those days are over. As far as the No Refund policy, once you have downloaded the EA, it can not be returned. Same problem as with a demo, except even more work and costly on our end.

    The best thing you can do is learn how to profitably trade manually first then have your own strategy coded. Learn how to code by yourself too if you want to keep your strategy safe. Otherwise just stay away from Forex because it will chew you up!

    By the way, give up on the notion that a so called "Holy Grail" exsists, it never will. All EA's need human intervention, some more than others.
    Last edited by fxgrm; 04-25-2009 at 14:52.

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