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M5G Cyborg v1.3 EA Basic Instructions

EA Installation Instructions

This EA should be placed on 5 Minute charts only and requires no other indicators to operate!

Do not change the time frames on the charts while running this EA.


EA Default Settings


Tested Currency Pairs: eurusd, gbpusd, usdjpy  preset file here

The eurgbp has been dropped due to recent erratic pip spreads 

  Trading Days: Monday-Thursday

Trading Hours: EST 2105-2330gmt EDT 2005-2230gmt (IBFX)*

Primary Order TP: 25

Primary Order SL: 125

Limit Order Grid Size: 75

Limit Order Grid TP: 38

Limit Order Grid Multiplier: 1.5

Limit Order Grid Max Levels: 2

*Adjust times accordingly for your own Brokers Server Time and for Daylight Savings Time.  

Be sure to test all new settings in a demo account before going live! 

It may be safer to turn the EA off on what may be considered "Big News" days.
 The Forex Factory Calendar is a valuable resource when making such a decision.
The Red Folders in particular are very helpful and they can be printed out for the week. 
 

WARNING: Anyone found downloading, decompiling and reselling this Expert Advisor without expressed written permission will be prosecuted to the fullest extent of the law!