3/18/ · Forex Cyborg robot is the fully-automated EA that allows people to trade up to 18 currency pairs. Developers provide a lot of backtest results and have three real currency accounts on myfxbook. The review will sum everything up and provides the answer to how good Forex Cyborg is 1/2/ · Forex Cyborg Real Myfxbook Account Forex Cyborg Summary. The developer has put a lot of effort in to Forex Cyborg and continues to do so, offering great customer support to ensure that this forex robot stays relevant. It has been one of the stand out /10 4/1/ · Forex Cyborg EA developers have maintained a real account whose trading history is available on their Myfxbook account. With an operating balance of € and opened in May , the account currently reports an absolute gain of % with a maximal drawdown of %/10
Forex Cyborg Review | Honest Forex Reviews
It also packs several attributes that its developers believe push it ahead of the competition, forex cyborg myfxbook. We, however, vet it all to help decide on the legitimacy or conmanship of its developers. And that it incorporates the power of neural networks and machine learning in executing trades and coming up with a risk management scheme. The trader is said to be compatible with any broker operating on the MT4 platform. Forex cyborg myfxbook website claims to have explored the efficiency of their trading robot by backtesting it over a decade of trading data.
The tests were conducted for different currency pairs using similar settings of a lot size of 0. It further states that the backtests simulated real slippage and trading commissions to further improve their accuracy.
While these backtest results are impressive, they are significantly flawed, forex cyborg myfxbook. They cannot be independently verified as we could not find an independent simulator online or client to collaborate the backtest performance.
Forex Cyborg EA developers have forex cyborg myfxbook a real account whose trading history is available on their Myfxbook account. Such a massive drawdown and huge losses are often a characteristic of the grid and martingale trading strategies that have no regard for stop loss and risk management, forex cyborg myfxbook. But the system developers maintain that they have put in place an active risk management strategy that calculates risk and determines stop loss, leverage and take profit levels forex cyborg myfxbook staking a trade.
The Forex Cyborg EA website is laden with compliments in the forex cyborg myfxbook of customer reviews and recommendations from what the developers would like you to believe is independent forex review sites. Severally, forex cyborg myfxbook, on the Forex Cyborg website as well as on their page with Myfxbook, the system developers disassociate themselves from such aggressive trading strategies as grid trading. This is however untrue as it is unlikely for a trading robot with a hard stop-loss policy feature in place to suffer such a huge drawdown and consistent losses.
What is the trading strategy used by Forex Cyborg EA? Backtesting results The website claims to have explored the efficiency of their trading robot by backtesting it over a decade of trading data.
Live account performance history on Myfxbook Forex Cyborg EA developers have maintained a real account whose trading history is available on their Myfxbook account. Elusive management The Forex Cyborg EA website is laden with compliments in the name of customer reviews and recommendations from what the developers would like you to believe is independent forex review sites.
Looking for the best forex robot? Discover top-performing systems selected by ForexRobotExpert team. The Forex Cyborg EA website promises traders heaven with all the claims and backtesting results screenshots. These hopes are however quickly deflated after checking out their trading history and current performance of their account on Myfxbook. The little transparency they exhibit in maintaining clean performance records on Myfxbook makes us believe that they are not cons.
However, forex cyborg myfxbook, we advise that you exercise caution when trusting their word or investing in any of their package given the dismal performance posted by their auto trader, that is characterized by meager gains that often give way for huge losses.
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5/11/ · Anyway, Forex Cyborg has the results from accounts connected to Myfxbook, one of the third-party websites that provides statistical service to forex traders. Two of the accounts have the results from until now, , and the statement of the other one is for the year of 3/18/ · Forex Cyborg robot is the fully-automated EA that allows people to trade up to 18 currency pairs. Developers provide a lot of backtest results and have three real currency accounts on myfxbook. The review will sum everything up and provides the answer to how good Forex Cyborg is 12/18/ · Forex Cyborg Would you like to receive premium offers (available to Myfxbook clients only) to your email? You can unsubscribe from these emails at any time through the unsubscribe link in the email or in your settings area, 'Messages' tab
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