Thread: Forex Megadroid

Forex MegaDroid Official Website

This is a very new robot, so not sure if many have tried it yet, it looks like one of those typical hyped EAs that claim it can make your rich, a reason why i am sceptical.

Still maybe someone has found it to be good and would like to share there thoughts on it

I use it since 3 weeks on a small live-ACC and it didn't loose a trade. But it doesnt trade very often and it didnt make big profit until now.

bg

duke

It seems to be getting very good results ATM so wo knows!

I have this robot for about 4 weeks. I had so far one loosing trade and the rest all positive. I have this on my live acc. You will never get the same trades on demo and forex really starts when u trading live. Very happy with this and hopefuly will continiue that way. I still trade manually on my acc. Robot doesn't trade Monday's and Friday's and is very selective in trades. Does trade only euro.

Yes i decided to buy it also because i am hearing lots of good things about it, there is a 60 day money back gurantee through clickbank. I am running it with lowest risk settings possible to test first, if it performs well over the next month i will increase risk, I have it running on my VPS also will report my results in a month

Originally Posted by wannaberich

Yes i decided to buy it also because i am hearing lots of good things about it, there is a 60 day money back gurantee through clickbank. I am running it with lowest risk settings possible to test first, if it performs well over the next month i will increase risk, I have it running on my VPS also will report my results in a month

I figured what the hell after seeing live statements posted all over the internet about this, and yeah, its doing well for me too. CB 60 refund always a good selling point and for a crappy 97 bucks I said WTF why not.

My only issue is the risk reward, as with most ea's. One loss sets you back a while, but its going well in backtests so I'm not fretting just yet. Also there's some kind of internal mechanism that closes losers if it smells a reversal, so losses CAN but NOT ALWAYS will be constrained.

I have a feeling that because its new, theyre going to send out regular updates, to make sure it stays on top of its game, but good work so far.

B+ - profitable, but can have bad risk reward.....any ea that can sustain long term backtests works for me. But then again I have no idea what kind of data is stored in the .dll file. Not pointing fingers but just saying, have no idea.

Yes will be interesting to see how it goes over the next 60 days in forward testing. Since running it my self it is yet to open a trade, but that is not suprising considering it does not trade often i hear.

Was wondering how often it is trading for you on average

Originally Posted by winias

I figured what the hell after seeing live statements posted all over the internet about this, and yeah, its doing well for me too. CB 60 refund always a good selling point and for a crappy 97 bucks I said WTF why not.

My only issue is the risk reward, as with most ea's. One loss sets you back a while, but its going well in backtests so I'm not fretting just yet. Also there's some kind of internal mechanism that closes losers if it smells a reversal, so losses CAN but NOT ALWAYS will be constrained.

I have a feeling that because its new, theyre going to send out regular updates, to make sure it stays on top of its game, but good work so far.

B+ - profitable, but can have bad risk reward.....any ea that can sustain long term backtests works for me. But then again I have no idea what kind of data is stored in the .dll file. Not pointing fingers but just saying, have no idea.