Sun Jun 01st, 2014
Megadroid robot is different from others EAs by its ability to trade without being detected by the broker whatever it is. Pierre and Grace; the Megadroid authors have integrated a new technology into their revolutionary EA, so that it's able to always trade without triggering any red flags at the broker. That's the hidden reason of its consistent ability to make profits for traders, and being hated by brokers so much!
This expert advisor is promoted as an easy money generator, as a get very rich quick tool, but if you decided to buy it expecting to gain millions of dollars, you will be greatly frustrated, you can just make a very satisfying income that's incomparable with the effort you'd do.
Strategy
Forex Megadroid is basically an Asian session scalper, due to high effectiveness Pierre and Grace guarantee of their EA, they limited its customization by the trader provided that it tweaks itself whenever the market conditions change without involving any guesswork degree in its performance.
The EA applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), first used by Forex Megadroid, by which unlike other EAs, it places trades that seeks the future rather than holding forecasts guided by the past trades. Forex trading technology has evolved stunningly and while other programs are still using extinct strategies, Forex Megadroid has been gathering those technology advancements.
Forex Megadroid resets its algorithm according to the current market conditions insuring your profits and minimizing your losses. The algorithm will help you not to fight that bad feeling when you have four winning trades effaced by a losing one.
Forward Test
Forex Megadroid System by birt | Myfxbook
Backtests
EURUSD 2007-2012 tick data backtest, real spread, default settings with RiskLevel 0.05 and RecoveryMode off
EURUSD 2007-2012 tick data backtest, real spread, default settings with RiskLevel 0.05 and RecoveryMode on
Bottom Line
Megadroid robot authors have been trading Forex for about 38 years, they compiled their Forex trading experience compendium in that MetaTrader4 plugin. It is user friendly and almost any trader with a minimal Forex trading experience can quite easily include it in his trading sessions.
Forex Megadroid is corny name which is the worst choice made by its authors, this may give you a bad impression about how the EA real performance is, but this shouldn't stop you from further investigating as this interesting tool has already been sold in thousands of copies.
Forex Megadroid Info Summary
Version Used: 1.40
Pairs: EURUSD
Timeframe: H1
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Talk about Forex Megadroid
I have Megadroid more than 6 months never had impaired negotiations , it does not open many trades , the more time you open does not lose . I have full confidence to leave it running 24 hours.