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Forex Megadroid ***** 95.82% Accuracy
 
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Average User Rating: *****

Forex Megadroid was promoted by Albert Perrie and John Grace in March 2009. There was a lot of hype around the original product . The Megadroid uses a fairly new technique called RCPTA (Reverse Correlated Price and Time Analysis) and it is guaranteed that every single dollar you deposit into your Forex account will be at least quadrupled. That's a heavy duty representation. I don't know if Megadroid makes that much, but users acknowledge that the money management is very good. Well, that's what Warren Buffett always says... 'don't lose any...

More on Megadroid...

What megadroid touts as the most important and unique feature is the built in broker non-detection feature.

Brokers trade against their clients with things like high spreads, offquote errors and slippage and they make it extremely difficult if they know you are using a trading robot. Often refusing to handle your account. Forex Megadroid is the first ever to be released with a non-detection or anti-broker mechanism trading at odd times and sporadically so that a broker will not be aware of your trading methods. careful of this as I have read reviews from users that say this is debatable.

One user of the software says: I've tested a lot of EAs, and quite simply, if the backtests I've done are anything to go by, Megadroid is the best I've seen so far. If the robot continues to perform for the next 10 years as it has over the past 10 years in testing, I estimate that it could theoretically make a million dollars in 6 years time from a small $1000 account. The drawdown is less than 30% too, quite amazing for a robot.

 

Forex Megadroid

UPDATE... Version 1.10 of Forex MegaDroid is ready for release - they are simply finishing the updates to the manual before making it available.

From a user perspective, the new version will be highly informative - the old "Waiting" & "Running" messages have been replaced by a whole sequence of comments which explain what is happening as the robot is running. That's Great!

In addition, users who have accounts with ECN brokers will find that the robot is now able to place trades... unfortunately, connecting with ECN brokers requires significantly different logic in the trade placement code which have now been implemented.

Finally, the instances of "error 1000" for those who were experiencing it have been overcome some unnecessary settings from the Inputs list have been removed.

Forex Megadroid works under any market conditions with a 95% success rate as advertised by Grace and Perrie. So far it has handled demo accounts that we have set up with smooth and grace. I'll let you know as time goes by, but for now all is well. It is certainly worth the investment and highly recommended. The other thing about Megadroid is... It's rather inexpensive. $97. Now if it can make you retire at an early age, that's downright CHEAP.

FROM THE BLOGS

A trader posted: A couple of weeks ago, I was running 7 copies of Megadroid. They all opened at about the same time, and all should have closed at the same time. However, 2 of them did not. I closed them manually at a loss of 5 pips each. I am sure they were on their way to 59 pip losses. So the question is why did they not close on time? I was running a tight slippage of 3 pips. If the robot tries to close, but the price has moved past 3 pips it will not close, but it will get a requote error from the broker. For this reason I am recommending a rather large slippage setting, if your robot is not closing on time.

One point to think about is that the brokers may get after you if you are are trading a large account and winning. Hence, my friend had it figured out and was trading 7 different accounts with fewer dollars per account.


This brings us to the question of how do brokers deal with winning robots? They have 3 methods which they used on Fapturbo:
1. They raised the spreads during the hours Fapturbo traded.
2. Traders got mysterious disconnections in the middle of a trade when trading large lot sizes. When they complained, the brokers just said we are sorry you have such a poor internet connection.
3. They give various error messages to keep the robot from closing the trade, such as requotes, misquotes, and a few others until the trade is in a loosing position. So if you are trading large lot sizes, like one full lot or more; be prepared to close the trade manually, or phone your broker and close the trade.

These comments should tell you a lot. And this info should help you in your trading.

Something to consider...

A post in the Forum...

You see...MegaDroid works, but...not as good as it should. Attach this methodology to your existing MD system and watch Quad-Turbos light up your trades. All risk levels, aggressive & conservative settings, plus Hybrid patterns.

Here's your link!
< https://www.e-junkie.com/ecom/gb.php?cl=70360&c=ib&aff=80069" target="ejejcsingle >.

Visit Forex Megadroid

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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

 

You are toooooo coooool for words !!

Thank you ! .....
Kitty Houghton
5/3/01

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