I recommend that you let it trade for few days and see what it does. From what I see by letting it trade on EUR H1, it makes only 1 pip gains but loses 7-10 pips on many trades so it sinks fairly fast. If you follow the trades on backtest, you'll see that they are flawed. How does it know on a H1 bar that after a minute it should take 1 pip profit? It "assumes" during that hour that everything goes in its favor and posts a lot of favorable trades. This is why you see such an incredible high winrate and profit. Nevertheless, it is worth (perhaps) wasting some time on it..just don't get your hopes high

Hi to all

Below 2 links to pages with infos about Cyberia, from the author :


http://codebase.mql4.com/482

http://cyberia.org.ru/



http://cyberia.org.ru/node/1

Diffrences beetween Open Source version and Commercial version...



Please note, that every broker needs custom parameters optimizations. We recommend to optimize:

disable static stoploss (StaticStopLoss = 0) and set StopLossIndex to value greater than default value (more than 1.1 - )...

Dynamic stop-loss is dangerous for use at market news events (exit manualy before they catch your stops).

This parameter defines how much to increase market dispersion to set correct stop-loss level.

Full parameters descriptions you can found at russian localization of this site.

Please note that you should not install this version for real trading. Or at least use it only on the flat market at your own risk.

Interesting EA.

I've been using it for about 4 hours now on demo and it is slowly but surely wiping me out

__________________
demag

Well I'm going to forward test this one. If the market is trading sideways this EA will clean house, however if the market is bouncing all over the place it will clean you out. I think if a filter was adding letting the EA know it was a sideways market and ok to trade that would be fine. Also a timefilter might work so that it traded during off hours when there is not as much price movement. I'm not much of a coder though.

Really? That is interesting for me it just made roughly about 5k. I have it with default settings on 1H timeframe on the 4 majors. What broker are you using? I'm with NF.

Just Metatrader demo 1m tf with the mod mentioned by De Vinci.

__________________
demag

Who Ho!

Just gone into profit on Swissy to the tune of $34

__________________
demag

I'm not a coder, but if someone could take a look at this EA and put a filter in so it trades between 18:00 GMT and 04:00 GMT that would be great. Also if you look at the Risk the EA is set to it is 0.5 I reduced it to 0.05. Getting much more stable results in back tests with reduced risk. The StoplossIndex also has an effect as well 1.1 is too high I have not found a good number for this yet. Anyway just my $.02

My 10k account is almost 300k now, after running it for 16 hours. I only trade EURUSD, USDJPY on H1. The backward testing shows worse result on M1.

Backtest for last week on 1H timeframe. It's not pretty