forexcyborg's Posts

Beginner's Tips in New Traders Sep 19, 2019 at 08:07

Only MM (=Market Makers) broker would not allow scalping. Better avoid such brokers and search for real A-Book brokers with low trading costs.

Forex Cyborg Circle Markets (High risk) in Trading Systems Mar 07, 2018 at 07:02

Today we reached the 100% mark on this account after 9 weeks.There is a new version (v1.2) upcoming which will include some JPY-pairs and a slippage control-module that will display the average slippage for the chosen currency pair and a average slippage for all pairs.It will be possible to compare your prefered brokers with that tool.It is currently in the testing and will be released soon.

Forex Cyborg Circle Markets (High risk) in Trading Systems Feb 22, 2018 at 09:58

We added another +8k deposit (splitted on the two circle market accounts) to show the trust we have in our own development.We are trading now over 18k on all shown live accounts.This account just started this year and is already up at +82.54% with a max. risk per trade of 5.5%Great start so far.

Forex Cyborg in Trading Systems Jan 30, 2018 at 07:12

@sebabahnThank you for your very positive feedback!@allThe first 100% was reached in less than 9 months, even with a 25% DD. I'm quite happy and looking forward for the next 100%

Robotic Trading VS Manual Trading in New Traders Jan 26, 2018 at 13:26

Human intellect is better than a EA, but it is hard to take into trading only the intellect. Feelings will affect your manual trading. I believe in automated trading. No feelings and you can back test it + improve it step by step.

There is no way you can average hundreds of pips per month in General Jan 26, 2018 at 13:25

More than 10 pips a day are realistic. Even fully automated.Average since inception around (average) +12 pips per day.This month in average over +38 pips per day.

Forex Cyborg in Trading Systems Jan 21, 2018 at 07:25

Hello Yury48,You posted a screenshot of FluridTrader and not Forex Cyborg.Forex Cyborg don't use any kind of grid or martingale strategy.We high don't recommend to use EAs that use such strategies.Best regards,Forex Cyborg Team

Forex Cyborg in Trading Systems Jan 18, 2018 at 07:00

@Princerise: Thank you very much for your valuable feedback@MicF:I guess that the correlation risk manager is activated and the "MaxCorrelatedTradesPerCurrency" is set to 2?If yes, than you could have (theoretically) two trades per currency.So in sum:2x CAD (Like CADCHF - buy and EURCAD - sell)2x EUR2x GBP2x USD2x CHF-> 10 tradesIf there will be ever a day where all this 10 trades would be opened at once and all 10 trades will reach the SL in the same trading session, than the overall risk would be 10 * 3.5% = 35% in your example

Forex Cyborg in Trading Systems Jan 17, 2018 at 06:36

Thank you very much Yury48, UsY4dEH4GLuD and MicF for your positive feedback!I really appreciate it.

Forex Cyborg in Trading Systems Jan 15, 2018 at 17:22

Hello Yury,Every customer can contact us to get the lastest version.I will send you a e-mail directly with the update.I hope this post will be posted in this thread. My last 2-3 posts were not be posted and my account was suspended after it.After the restoration, my lastest post from december disappeared too.Seems like I can't inform the myfxbook users about all changes here and we need to send a newsletter in the future.Here are the highlights / news from the lastest week:- We had a xmas discount (15%) on our website. It will end tonight.- We opened two new accounts at a new broker. You c...

Forex Cyborg in Trading Systems Sep 10, 2017 at 06:23

Well the average loosing trade is not what matter in my view. I will show you a backtest with the same settings, except the fact that small looses are accepted:http://www.myfxbook.com/files/forexcyborg/GBPCHF_012011_092017_2.pngAs you can see the average loss is now nearly at the same level as the average profit trade.More important is how robust a trading strategy is on long term.Every system can and will have draw down phases. One of the biggest mistakes in my view is to jump of at the lowest point and say that a EA is bad.If a strategy is robust, than it will recover the loss if you give it...

Forex Cyborg in Trading Systems Sep 07, 2017 at 06:25

Hello MicF,it is GBPCHF and the backtest optimization is already finished.Currently a small forward test (demo) is running.Here is the backtest result:Timeframe: 2011 till today Risk: 1 lot (fixed) per trade.http://www.myfxbook.com/files/forexcyborg/GBPCHF_012011_092017.png

Forex Cyborg in Trading Systems Sep 06, 2017 at 14:56

Hello, the 99% backtests are not wrong, they just can't predict the future too. No one can do it. Not even what will happen in the next hour. So even the best trading methods and EAs with the best backtests and with 2-3 years of forward tests can fail someday. All we can do is to analyse the past, develop a strategy that would fit into this market behavior and see if the market will have similar patterns in the future.If you look into the august, you will see that we had some unusual movements especially for the CHF-pairs.All multi-currency asian scalper with a forward tests failed to make...

Forex Cyborg in Trading Systems Aug 22, 2017 at 14:41

Hello Pricerise,Thank you for your feedback!1.) Right, we will change it. But it will not effect the performance at all.2.) The portfolio is generated by QuantAnalyzer a 3rd party tool. You can test it yourself: Just download all backtests from the website and put it into the tool. I can't explain you why QuantAnalyzer shows a different drawdown. I trust in the single backtests based on the strategy tester + TDS 2 (with dukascopy tick data)3.) The currency correlation manager is risk control instrument to limit the overall risk on trendy markets. Turning it off will produce more risk. That...

Forex Cyborg in Trading Systems Aug 07, 2017 at 06:29

Hello todompoll,Thank you for your message.Forex Cyborg works as expected. The exit rules are complex and have a point system that take into calculation many factors, like the last movements, the current spread, time time the trade is already open, some indicator datas and many more. Based on this factors it calculate a value and decide to close a trade or let it run.Based on the historical tests, we expect a max. DD of 20% on this account. So I see no problem here currently.We always work on the entry + exit rules and for sure we will update Forex Cyborg in the future here and there, but over...

Forex Cyborg in Trading Systems Jul 24, 2017 at 13:56

Because of several request, we added a new broker for US-Clients with the broker FinProTrading:http://www.myfxbook.com/members/forexcyborg/forex-cyborg-finpro-for-us/2190377

Forex Cyborg in Trading Systems Jul 20, 2017 at 06:53

Hello zhya2000,Forex Cyborg has a filter to avoid trading on days with strong movements / high volatility.That is (for example) the reason, why we had no trade from yesterday to today. Yesterday some strong movements appeared and Forex Cyborg skipped the trading session in this case to prevent big looses. I hope I could answer your question.Feel free to send me a PN or use the contact form on the website to ask me every you want to know.Best regards,Forex Cyborg Team

Forex Cyborg in Trading Systems Jul 17, 2017 at 06:28

Hello,we just published a new account at the FCA-regulated broker Darwinex.You can find the results here:http://www.myfxbook.com/members/forexcyborg/forex-cyborg-darwinex/2184469Feel free to contact me, if you have any questions

Forex Cyborg Darwinex in Trading Systems Jul 17, 2017 at 06:27

Hello,you can find a longer history at the broker FXPIG here:http://www.myfxbook.com/members/forexcyborg/forex-cyborg-fxpig/2168587Feel free to contact me, if you have any questions

Forex Cyborg in Trading Systems Jul 06, 2017 at 06:56

Hello MicF,thank you for your trust and that you want to give us a chance!1.) All pairs of Forex Cyborg are optimized to the market conditions since 2011. We think that 6 years of backtests are enough to be able to pass almost every market situation.The reason why we put some backtests up from 2007 is, that Forex Cyborg performed on this pairs exactly as good as it performed up from 2011, without any changes / optimizations. Maybe it would also perform good in the years before 2007 too, but to be honest: We didn't even tested it. Maybe we will optimize every pair from 2007 in the future, b...

All Quotes
AUDUSD	0.653	USDCHF	0.9147
EURJPY	169.15	EURCHF	0.9785
EURGBP	0.8563	GBPJPY	197.36
EURUSD	1.0699	GBPUSD	1.2487
USDJPY	158.04	USDCAD	1.3679

EURUSD	1.0699	GBPUSD	1.2487
USDJPY	158.04	USDCAD	1.3679

Posts by forexcyborg