I’m one of the older Darwinex member (since 2015), but never wrote here in the community (but I read the most post quite often)
I decided to join the community as soon as my lastest darwin will reach the 50% gain. Here it is: CBY
This darwin is fully automated and use my EA Forex Cyborg (maybe someone read about it before).
Here is a backtest of v1.1 that I released last month. It use a fixed lot of 1.0 per trade in the back test:
Here are some more informations about the strategy:
Forex Cyborg is a multicurrency (pre-)asian scalper that trade up to 15 currency pairs. It start trading at the end of the american and start of pacific trading session. It open trades 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. Each trade has a fixed risk of 4.5% per trade.
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.
In this darwin Forex Cyborg will allow max. 2 positions of the same currency.
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.
The average win is nearly at the same level as the average loss, while Forex Cyborg archieve over 70% profitable trades.
One important factor for such strategies is a high expectancy. At the date of publication the darwin has a expectancy of 4.2 pips.
I’m aware that the track record isn’t quite long yet, but I’m quite confident that it will be successful in the future too.
Looking forward to hear your comments and your questions.