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Expert Advisors and Automated Trading Questions about automated trading? Which brokers allow automated systems? How do I create my own expert advisor? These questions and many more on automated trading can be answered here! (Note: forum rules do apply and any threads/posts deemed by moderators as spam or promotion of services, products, or websites will be deleted!)

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  #21 (permalink)  
Old 09-21-2009, 07:40 PM
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If/When you're live with this and have results im sure many people here would love to see them! Sounds good so far but I also agree with an above poster, if markets are trending, this should also be tested in choppier waters.
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  #22 (permalink)  
Old 09-22-2009, 05:14 AM
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i just wonder sometimes how come some EA can work well with demo but not live.(im not saying cyclone) just wondering some reviews out there abt some other ea's. does it have to do with the broker?
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  #23 (permalink)  
Old 09-22-2009, 09:55 AM
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I'm finding alot of EA's aren't working with forward testing, yet backtests work fine. It's generally a problem with brokers increasing spreads during the hours that the EA's would trade, mostly scalpers.
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  #24 (permalink)  
Old 09-22-2009, 10:22 AM
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I'm Also running Forex Cyclone and its doing quite well.
(customer not ventor)
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  #25 (permalink)  
Old 09-22-2009, 11:21 PM
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Quote:
Originally Posted by theleviathan View Post
I'm finding alot of EA's aren't working with forward testing, yet backtests work fine. It's generally a problem with brokers increasing spreads during the hours that the EA's would trade, mostly scalpers.
As I mentioned in my last post, Forex Cyclone places its T/P point at 14 pips. As I am pretty new to FOREX trading, allow me to defer to experienced traders and experts. Is a T/P of 14 pips considered scalping? My gut instinct tells me no. Correct me if I am wrong.

". . . during the hours that the EA's would trade . . ."

Forex Cyclone does not appear to have any set pattern regarding which hours it trades. It has no input setting to prescribe trading hours. All of the trades in my demo appear to be opened at random times. So Forex Cyclone must open a trade whenever its parameters are met, regardless of what time of day it is. I do know from my demo that at any given time, Forex Cyclone has either zero trades or one trade open . . . never more than one, and as a believer that too much trading will destroy your account, I like that.

Last edited by DennisL; 09-22-2009 at 11:24 PM.
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  #26 (permalink)  
Old 09-23-2009, 01:36 PM
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Quote:
Originally Posted by DennisL View Post
As I mentioned in my last post, Forex Cyclone places its T/P point at 14 pips. As I am pretty new to FOREX trading, allow me to defer to experienced traders and experts. Is a T/P of 14 pips considered scalping? My gut instinct tells me no. Correct me if I am wrong.

". . . during the hours that the EA's would trade . . ."

Forex Cyclone does not appear to have any set pattern regarding which hours it trades. It has no input setting to prescribe trading hours. All of the trades in my demo appear to be opened at random times. So Forex Cyclone must open a trade whenever its parameters are met, regardless of what time of day it is. I do know from my demo that at any given time, Forex Cyclone has either zero trades or one trade open . . . never more than one, and as a believer that too much trading will destroy your account, I like that.
From what i see..this EA doesnt trade in the U.S session. It trades more on the Asian/EUR session. i didnt see the code but so far mine reacted this way. And this is a scalping EA FYI. 14pips is short. But safe i should say because of the entry point. So far i had one draw down but profited in the rebound. So far so good. i saw on another site that some guy is profiting putting cyclone on other pairs to trade as well ~weird enough he is profiting. 
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  #27 (permalink)  
Old 09-23-2009, 09:56 PM
 

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The name of this robot tells everything by itself
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  #28 (permalink)  
Old 09-24-2009, 11:44 PM
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I bought Forex Cyclone late today and testing it on a demo account to see how it goes.
There's a lot going on with this EA right now which may or may not be a good thing pending the outcome.
One plus is that it's a Clickbank purchase that allows you 60 days to test it on demo accounts. If it doesn't perform to your satisfaction you can get a refund no questions asked and so far the refund rate on this EA is low considering the factors involved, maybe due to such short time on the retail market and lack of testing time.

Give it a test run and post your stats so we can determine it's worth.

Nu24X
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  #29 (permalink)  
Old 09-25-2009, 01:02 AM
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Quote:
Originally Posted by Nu24X View Post
I bought Forex Cyclone late today and testing it on a demo account to see how it goes.
There's a lot going on with this EA right now which may or may not be a good thing pending the outcome.
One plus is that it's a Clickbank purchase that allows you 60 days to test it on demo accounts. If it doesn't perform to your satisfaction you can get a refund no questions asked and so far the refund rate on this EA is low considering the factors involved, maybe due to such short time on the retail market and lack of testing time.

Give it a test run and post your stats so we can determine it's worth.

Nu24X
Looking forward to seeing the results. So far I have only been compelled enough to give megadroid a thought but am still debating.
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  #30 (permalink)  
Old 09-25-2009, 06:09 AM
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so far so good. i see that during really volatile stages cyclone doesnt enter a trade. e/u is acting up crazy this 2-3 days. ive yet get a trade. honestly speaking i'd rather it doesnt trade during such volatile periods. its really dangerous and it could anytime wipe your savings away. Anyone using live account yet? so far up 387 profit
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