Automatic Forex Robots
            Best Expert Avdisors Reviewed Here

Forex Articles   Forex Robot Reviews   Home 

MegaDroid's user comments

Negative comments are few

MegaDroid user's comments

Summary: Almost every user is 100% delighted with the Megadriod. The only negative comments are that it tends not to trade often enough. Very high successful trade rate. Mostly small losing trades if any.

MegaDroid user's comments

 

Rating:
Date of Post: 2009-04-30
Review: I have had this robot for about a month on my live account with 9 winning trades, no losers!!! The hype about very high winning percentage of trades seems for real so far!!! The only reason for not giving an "excellent rating" is because of how seldom it trades!
I highly recommend it!


Rating:
Date of Post: 2009-04-30
Review: On my live account with a well known broker, I ran this EA and here is a summary of my trades for this month of April:

Gross Profit: 34.06 Gross Loss: 8.96 Total Net Profit: 25.10
Profit Factor: 3.80 Expected Payoff: 1.93
Absolute Drawdown: 0.00 Maximal Drawdown: 8.96 (3.22%) Relative Drawdown: 3.22% (8.96)

Total Trades: 13 Short Positions (won %): 4 (100.00%) Long Positions (won %): 9 (88.89%)
Profit Trades (% of total): 12 (92.31%) Loss trades (% of total): 1 (7.69%)
Largest profit trade: 4.20 loss trade: -8.96
Average profit trade: 2.84 loss trade: -8.96
Maximum consecutive wins ($): 7 (19.24) consecutive losses ($): 1 (-8.96)
Maximal consecutive profit (count): 19.24 (7) consecutive loss (count): -8.96 (1)
Average consecutive wins: 6 consecutive losses: 1

Sorry this isn't formatted well as it was copied from the detailed summary report in HTML format.

Essentially, I'm happy with its trading so far. It doesn't trade as often as I thought it would, nevertheless it is profitable. I have it trading at 10% risk. My account balance increased by 9.7%. No other trades were done on this account; only trades executed by MegaDroid.

 

Rating:
Date of Post: 2009-05-09
Review: I started running the MegaDroid on a 10k mini FXDD demo account in April. The trades were all possitive. I played with the risk factor up and down to see what effect it would have on the number of lots traded.

When all looked well I decided to start it live trading the first week in May on a $5k account with the risk factor at the default 0.1.

The first trade, on Monday, produced $75 on 0.5 lots. At the end of the first week it was ahead $195, approximatly 3.5%.

For this next week I will raise the risk factor up from the default and see what happens.

At this time I am all grins.

Rating:
Date of Post: 2009-05-14
Review: Hi all,
This is my first post to the site, Re the Forex Megadriod i have had it installed in my live account now for nearly a month and so far all 21 trades have been winners, With my experience of other robots this is by far the best i have come accross, It does not trade as much as i would like but hey ho its a winner for me.
BTW another very experienced trader friend of mine has said after much testing that the best settings for this EA is lotsize 0.23 and risk level 0.20
All the best


Rating:
Date of Post: 2009-05-13
Review: Ive been using the Megadroid since it had first come out and since then I haven't had a single losing trade. 20/20 I do however miss a few trades here and there due to other EAs taking up most of my free margin. After experimenting with EAs for about a year, so far, this seems to be best EA on the market. Lets hope it stays that way!


Rating: No Rating
Date of Post: 2009-04-09
Review: I just purchased this EA and started on Monday, April 6. I am using three accounts: Forex.com, IBFX and FXCM. Here is a break down for this week:

Forex.com - 9 trades won, 0 lost, +93 pips
IBFX - 6 trades won, 0 lost, +59 pips
FXCM - 2 trades won, 0 lost, +12 pips

I usually get 2-3 trades per account a day. So far I like the way the EA is handling trades. We will see what this EA brings in the future. The FXCM account was started this week, so only traded one day. No trading on Thursday, due to holiday and all.

I will have to say though, this EA using the EUR/USD with lower spreads is so much better than fighting spreads with Fap Turbo.

Just my 2 cents. Time will tell.


Rating:
Date of Post: 2009-04-13
Review: I think the robot has put in about seven to eight trades since I installed it 2 weeks ago. Due to my Fapturbo experience I have a very itchy trigger finger and closed all FMD trades manually with profit. I dont know. For some reason the robot opens up 2 separate lots of .02 which is a total of .04. Which has worked out fine as I close half of the position and let the rest run for a few more pips. Due to margin restrictions, the robot has not been able to open further trades due to open trades from another robot. I can start out at 3 stars and see where it goes from here. My opinion is, this may be a good EA for folks with very large accounts who would be happy scalping a few hundred bucks per night without spreading themselves all over the place. Get in, get out, go kick rocks.


MegaDroid Happy Comments

So, there we have it. Forex MegaDroid is a winner. Only negative comment is the lack of trades.

  • The user manual is easy to read,
  • the setup and installation is simple too.
  • Support is responsive and timely (unlike Fap Turbo).
  • 60 Day no questions asked Clickbank guarantee.

MegaDroid Happy Comments

Automated Forex Robots Software
Reviewed Here



Site Menu >>
 

 
 

 

 Forex Articles


 Forex Robot Reviews


Search >>