EU4X.com Review

I was not impressed when they sent me email regarding the new EA, Cyborg Collective, so I told them I thought they should have fixed version 1.38 because it was not performing well, and so they sent me email telling me that they had no record of my purchase. This was a polite way of telling me that I was no longer on the mailing list and that for certain I would not being getting any further updates. I sent them proof of two license purchases and they remained silent.
I have seen this before with ForexBarometer. This is something that a unscrupulous vendor can do so beware. Really, they have all but abandoned 1.38 but they tell you that you get a great reduced price because you already purchased, I will add wasted, your money on a robot that does not work, from them. Shame on them.

I've been running this EA on a live account (Fxpro.com) started in Aug 2009 with $1 000.00. Already I've doubled my account trading only the EUR$ & GBP$ using the updated settings (from the developer) sent to me.

Only one issue: I try to close the open trades before 22H00GMT and don't keep trades overnight. I've tried to keep trades overnight but then the loss is too great. Rather lose a few pips than the sum of the two trades.

I think this EA has real potential, it has been trading fine. Although it did suffer some bad trades (3 in a row which is unlike its past history), the developer responded quickly stating that broker issues may be to blame. I suggested that the multiplier should be set to 1 instead of 2 (doubling up after a losing trade) with risk set 50% higher from 2% to 3.5%. Percentage of wins is good so blow out the account with a 2 multipler?

Terrible/Poor Performance on live account using developers recommended and low risk settings on EURUSD. Consecutive/Multiple 100+ pip losses in July '09 with a few/small wins equals huge drawdowns/equity losses.
See developers own live statements in July '09 for proof.

I have been using this ea for about 6 months on live account and this is almost too good to be true!! This ea makes almost perfect trades and if you watch the calender and do not trade it when news comes out you can really be a successful trader!! The owner has a few strategies on his web site and keeps on working on the strategies. I use strategy 3. I get almost the exact trades on my live account as the owner on his web site. My broker is Forex.com. You can get the ea cheaper at another web site, but I am not sure if I am allowed to post the link here. Trade it on 3% risk and you will definitely make money - you will easily average at least 10% a month!

There is no money back guarantee with this ea, but believe me you will not need it. This is one of my best ea's and rock solid!! You can trust it!!

Ive been running this for a little while and it performs very good so far. 1-2 trades during its window per day. Customer support is great and Glenn really works with you to get it set up correclty and on going tweaks. A real stand out in a sea of junk in this market.