Cyborg EA V1.20 M4

Cyborg EA V1.20 MT4 Overview:

The Cyborg EA V1.20 is an automated trading system designed for the M4 platform. It employs a sophisticated algorithm to execute trades in the XAUUSD (Gold/US Dollar) currency pair. Let’s delve into its key features and strategy.

Key Features:

• Automated Trading: Cyborg EA operates autonomously, analyzing market conditions and executing trades without manual intervention.
• Precision: The EA aims for precise entries and exits, minimizing risk and maximizing profit potential.
• Risk Management: It incorporates robust risk management techniques to safeguard your capital.
• Customizable Parameters: Traders can adjust settings such as lot size, stop loss, and take profit levels.
• Backtesting: Cyborg EA can be backtested to evaluate historical performance.

Strategy:

The Cyborg EA V1.20 employs a scalping strategy on the M5 timeframe. Here’s how it takes trades:

1. Moving Average Crossovers:
   • The EA monitors short-term and long-term moving averages.
   • When the short-term moving average crosses above the long-term moving average, it generates a buy signal.
   • Conversely, when the short-term moving average crosses below the long-term moving average, it generates a sell signal.
2. RSI (Relative Strength Index):
   • The EA uses RSI to identify overbought and oversold conditions.
   • If RSI crosses above 70, indicating overbought, the EA considers selling.
   • If RSI crosses below 30, indicating oversold, the EA considers buying.

1. Volatility Breakouts:
   • Cyborg EA looks for sudden price movements.
   • When volatility increases significantly, it enters trades in the direction of the breakout.
2. Trailing Stop:
   • The EA dynamically adjusts the stop loss level as the trade progresses.
   • It locks in profits by trailing the stop loss behind favorable price movements.

Minimum Deposit:

To run Cyborg EA effectively, a minimum deposit of $500 is recommended. This ensures sufficient margin to withstand drawdowns and allows the EA to execute trades optimally.

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