CyNera MT4 EA - or how you are being sold an illusion
CyNera EA operates on the cutting edge of neural network technology, integrating advanced neuroevolutionary algorithms to optimize trading precision and predictive accuracy. By leveraging performance-based learning, the system continuously adapts and evolves its trading strategies, ensuring dynamic responsiveness to shifting market conditions. This self-improving approach allows CyNera to identify high-probability trade setups with unparalleled efficiency, and blah, blah, blah… and so on down the text. You can read all this at MQL5, which has long ago turned into a platform for trading dubious products that do not even undergo some elementary testing by specialists. But this is discussed below.
Сharacteristics of the CyNera EA v.4.62
- Official website: MQL5
- Platform: Metatrader4
- EA version: 4.62
- Currency pairs: XAUUSD (GOLD)
- Trading Time: Any
- Timeframe: M30
- Minimum deposit: $100 (or 100 USD cents, best conditions here ➔ ProCent)
- Recommended broker: Roboforex, XM, Tickmill | Prop Firm: The5ers, FTMO
How does it work?
The trading algorithm of this Expert Advisor is not disclosed by the seller for obvious reasons and, as in most of this kind of trading junk, it is masked with phrases like "Advanced strategies and technologies", "Combination of neural network technologies" and other new-fangled formulations designed mainly for naive inexperienced traders. But when I see such descriptions and backtests with a perfectly flat profit growth line with a drawdown of no more than 2%, I can't look at it without a smile. By the way, take a look for yourself:
Backtests
And although testing on historical data for this ‘creation’ is useless, as it has manipulations with test data, but I still made a couple of them for clarity and understanding of how "perfect" the product is offered to us for such modest money:
2010-2024 Low Risk
2010-2024 High Risk
Note that the test is performed with a quality of 99.9%. Such a high result can only be achieved by using TDS2
Tell me, looking at these graphs, are you happy with everything? I'm not. My experience over the years tells me that I'm being blatantly hoodwinked.
Live signal from the seller:
Live signals of the my demo account with Cynera 4.0 on MyFXBook:
Cynera 4.0 | Roboforex Demo
Parameters of the CyNera EA
In general, I have no desire to talk about this EA further, but in order not to disturb the order, let's continue.
In the settings of the Expert Advisor, you can make changes to the trading of the Expert Advisor with or without the use of artificial intelligence, adjust the risks and money management, as well as enable the PropFirm mode, if necessary (read more in the Manual, which is available in the archive with the Expert Advisor).
It is obligatory to specify the following URLs in Tools > Options > Expert Advisors > add new URL:
https://nfs.faireconomy.media
https://api.openai.com/
https://ec.forexprostools.com/
https:// smartfx.com/
https://www.dailyfx.com/
https://www.economies.com
https://www.investing.com/
https://www.myfxbook.com
https://www.worldtimeserver.com
https://www.xe.com
Important! If after adding the above links, you still see this error "GPT is not available":
Then most likely Open AI is not available in your country and you should use a VPS. I recommend you check out FXVM, especially as they are currently running a 30% Christmas discount and have a seven day trial period for only €0.99.
By the way, the seller has become smarter and now every version older than 3.8 releases an update that blocks the previous version. But version 3.8 or 4.0 is working properly and those who want to indulge themselves in the illusion of quick riches can use it (it is in the archive).
Conclusion
Expert Advisors such as CyNera, AI Gen, etc. have long filled the entire Market and have only one goal - to quickly enrich their creators and sellers by falsifying test data, when losing trades are excluded from the test and only profitable ones are left. And the next update of the Expert Advisor does not bring any cardinal technical changes, but just adds historical data for the last time period excluding losses, so that the test data still remain flawless and attractive for a potential buyer.
Do you think if a big investor bought a CyNera or AI Gen EA and invested half of his capital in its trading, wouldn't he ruin all financial organisations in a year? I think there would be no more money left in the market )) I am very sorry that MQL5 has long ago turned into a dirty market with dubious instruments, not globally, of course, you can still find something worthwhile there, but in general it is unpleasant that there is no censorship and selection to protect the wallets of buyers from the dubious quality of goods.
Friends, be careful and prudent, do not give your money for products of dubious quality with "beautiful" tests and signals - it is nothing more than a deception.
If you think that I am wrong and you have generally profitable trading with these Expert Advisors, which can be some time with any primitive algorithm based on, for example, martingale or grid, then I will be happy to read about it in the comments, write, do not hesitate.
In the archive CyNera_MT4_EA.rar.rar (4.4 M):
- CyNera alert.ex4
- CyNera MT4 v.3.8_fix.ex4
- CyNera MT4 v4.00.ex4
- CyNera MT4 V4.50.ex4
- CyNera MT4 V4.51.ex4
- CyNera MT4_4.55_fix.ex4
- CyNera MT4_4.6_fix.ex4
- CyNera MT4_4.61_fix.ex4
- CyNera MT4_4.62_fix.ex4
- SetFiles - CyNera
- CyNera Manual + WebRequest.pdf
Free Download CyNera EA v.4.62
For the last time I tell - use versions 3.8 or 4.0, which are stable to this day. No one will fix the current versions of this history reader for you - it's rubbish!!!!
