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I respect the fxgrm sales strategy. I think clickbank technic or even worst, dll files, are mass used for thoses mass comercial EA´s, that mass fail...!
The thing for a true good ea is not sell fast, and sell now, even posting live statments (when things are working) or with the two months clickbanks guarantee... that means too little.
You see, by chance, during 2 months a crap ea could work. And that is all it takes for a crap ea programer get what it want... that proofs nothing really.
A dll file is something I dont like, as a user, cause it means one file in my pc, comunicate with other pcs... is not a good principle.
And, anyway, a good ea should be proof by consistency in time... so, who follow the demo results on fxgrm site, and after understand how the ea work, if one thinks it is a value ea, then go for it, if not, then wait until get convinced.
Along the time, if it proofs is a really good ea, fxgrm will achieve his aims, and the users too...
being a not mass ea is a really an advantge for the ea itself (not cloned, and a strastegy not expose by brokers...), for the programmer and for the users.
Keep the good work!
Yeah I didnt mean to come off as super-negative here I just would be very hesitant to know that there was no safety in case things didnt work out.
Dont mean to be a basher or anything, I respect the hard work and effort put forth here, just saying that my confidence to buy comes from some kind of guarantee.
I like to know what I'm getting into with anything. If its a $1 candy bar I'm trying out, fine, its a buck, but this is 300, and not sure what to expect without seeing how it goes....
Hi I've tried searching the forum for a question I have about hedging (unfortunately I found no answers to my question) - does the M5G Cyborg hedge - and if so, how does the new NFA rule affect it - will that lead to change of the code in the M5G Cyborg?
And if the M5G is in a new beta anytime, is there a chance that I could try out a beta tester version?
Thanks in advance :-)
Hi:
No. It does not use a hedging strategy thankfully.
__________________ The M5G Cyborg EA - Target of 1-3% per Trading Day!
Yeah I didnt mean to come off as super-negative here I just would be very hesitant to know that there was no safety in case things didnt work out.
Dont mean to be a basher or anything, I respect the hard work and effort put forth here, just saying that my confidence to buy comes from some kind of guarantee.
I like to know what I'm getting into with anything. If its a $1 candy bar I'm trying out, fine, its a buck, but this is 300, and not sure what to expect without seeing how it goes....
You both have very valid points. I personally have always liked finding and using free EAs with open source code like the ones that can be found here on this forum since I never had much extra cash to throw around.
I have always been very hesitant to buy any EA that I could not test first, but unfortunately I have been burned by 2 people that I am aware of so far with a few of my very early versions. I gave out a bunch of free 30 day demos and they had them decompiled and posted all over the place. Really upset me. Fortunately they couldn't figure out how to make them profitable and they lost interest.
I don't sell a lot of these EA's I guess because it is kind of pricey, but I just don't want to get overwhelmed with support issues, etc. I just like to make a few extra bucks to pay the bills, like most of us here I suspect.
__________________ The M5G Cyborg EA - Target of 1-3% per Trading Day!
No. It does not use a hedging strategy thankfully.
thanks for clearing that up, fxgrm.
I do find your EA interesting.
Of course a demo would be a grand thing (at least if you have a new beta coming up or want us to test on different brokers etc.) before buying at 350 usd, but I do understand your point of decompiling too.
I looked at the set files on your site - looks like the only significant setting one needs to change (if at all) is the risk-percentage... does that mean that one can just let it trade every night and be done with it - or do you suggest turning it off before news releases etc.?
Lastly, I´d also throw a vote in for making a refund possible- I know it may be harder to follow this through, but what about a monthly fee or maybe a refund possible within 1 month or so?
Following the M5G with interest (maybe I´ll buy if you convince me hard enough;-))
Concerning settings, there is a fairly big difference between strategy #1 and #3.
#3 uses 2 auxiliary orders and #1 uses only 1 auxiliary order.
I like running both set files on 1 platform and adjust the risk accordingly.
That is Strategy #4 on the website. Kind of a basket of strategy's.
Maybe this will help... The price has come down and there is also a buy one - get one free offer happening too. Are we getting warmer?
fxgrm - Sorry for my ignorance - but what do you mean by auxiliary order - do you mean that the EA places one "base" order - and then adds to this order an extra "auxiliary" order?
The Auxiliary order is just a limit order that is placed at a better price if the price action causes a drawdown. The Auxiliary order is always placed back in the same direction as the original or primary order. When the Auxiliary order is hit the TP and SL of the primary order is modified which allows both orders to be exited quicker once the new modified TP is hit.
Hope this make sense
__________________ The M5G Cyborg EA - Target of 1-3% per Trading Day!
M5G Cyborg
I really can apprecaite you position
Linear Mode
