Thread: MegaDroid Pro

Yes i am also testing it in demo ATM trading all pairs. The pro version acctually spreads the risk amongst all pairs by adjusting the lot size according to how many pairs you are trading.

Still in my backtests eurusd is by far the most profitable pair overall, the other pairs did not come close to its performance, eurusd has been doing very well in forward testing also, only two losses since i have gone live and that is many many months now.

Anyhow i am testing all pairs in forward on the pro version and will show my results in a few weeks time

Originally Posted by TraderMike

MegaDroid Pro will be officially released soon. While the original MegaDroid only traded the EURUSD, this "Pro" version trades the EURCHF, EURGBP and USDCHF in addition to the EURUSD.

For MegaDroid Pro forward tests on real and demo accounts, and full backtest results, check out our site.

Backtest results for 2009 on the EURCHF and EURGBP:

we are waiting for it.

Any other results to share? How about a live statement?

From what i understand, the developers will be releasing it to the greater public in limited numbers sometime in the fall.
In any case, this is probably the best EA to ever grace the MT4 platform.

Hello,

Do you really believe that? If so I hope it works out for you as this ea is nothing more than a mass marketing scam ea in my opinion.

Regards,
Jeff

Originally Posted by Neo-Rio

From what i understand, the developers will be releasing it to the greater public in limited numbers sometime in the fall.
In any case, this is probably the best EA to ever grace the MT4 platform.

I Disagree Jeff.
Depends On A Lot Of Things,
Mostly Dodgy Brokers Screwing With Spreads,
So You Don't Get Taken Up.
As For Dodgy Brokers,
Where Do They Mostly Come From,
SHOCK, HORROR. - The Good Old US Of A.
I Have Never Had 1 Loss In 2.5 Months Live With Megadroid,
Yes It Does,nt Trade That Often,
But Is It Megadroids Fault Or The Brokers?
There Is A New Software Which Reports Phony Stop & Limit Levels,
To Brokers To Play Them At There Own Game,
We'll See If It Works, Heres The Link,

Broker Nightmare

I Think One Of The Few Out There Which Is Real,
Most Of Them Are BS Marketing Scams I Agree.

Originally Posted by zoegirl123

I Disagree Jeff.
Depends On A Lot Of Things,
Mostly Dodgy Brokers Screwing With Spreads,
So You Don't Get Taken Up.
As For Dodgy Brokers,
Where Do They Mostly Come From,
SHOCK, HORROR. - The Good Old US Of A.
I Have Never Had 1 Loss In 2.5 Months Live With Megadroid,
Yes It Does,nt Trade That Often,
But Is It Megadroids Fault Or The Brokers?
There Is A New Software Which Reports Phony Stop & Limit Levels,
To Brokers To Play Them At There Own Game,
We'll See If It Works, Heres The Link,

Broker Nightmare

I Think One Of The Few Out There Which Is Real,
Most Of Them Are BS Marketing Scams I Agree.

the major problem is that brokers increase spread after the US session, and that's when EAs lime Megadroid trade. It is not necessarily the brokers fault, as everybody would do that this way. It is rather the EAs fault that it only can trade with low spreads, but that is scalping. Nevertheless Megadroid and probably Pro as well are good EAs.

Originally Posted by Rolf

the major problem is that brokers increase spread after the US session, and that's when EAs lime Megadroid trade. It is not necessarily the brokers fault, as everybody would do that this way. It is rather the EAs fault that it only can trade with low spreads, but that is scalping. Nevertheless Megadroid and probably Pro as well are good EAs.

I agree with Rolf here. The backtests on MegadroidPro are near "holy-grail" worthy.... BUT all it takes is for brokers to bump up the spreads during the Asian session... and this EA will die a death. They just have to push the spreads up far enough so that it still trades, but not too far that it blocks everyone from using it.

Already Alpari UK has introduced "tighter" flexible spreads, and some people are not convinced that they intend to tighten them around the asian session.... quite the opposite, in fact.

I don't agree,lower cost can attact the more clients.Broker is just a broker,their price have taken from clearing bank,so broker will be die out,Duskacopy is a so good broker,the price is so low,forex-market is a complicated and competitive market,if the price is so high in stable financial situation,no one will do it.