Forex Megadroid

MD utilizes support and resistance points. It only trades during the end of the US session and the beginning of the Asian session. Unless the EUR/USD happens to be very near to either a support or resistance MD will not trade that day.

The problem with this lately has been that the Euro is in a free fall and seems to break through a lot of the support levels which is counter to the EA strategy, which means it will lose.

Once the Euro stabilizes, this should be a good EA again.

Nice robot but it trades very little,and if so how can you make any money..

Live account ….trades like 2-3times a week and mostly during newyork end session..lost me only one trade on my live account and the other 9 trades all winner.
I guess the lost was due to the recent fed reserve interest rate which triggered off a huge sell off immediately the droid entered the mkt..
This is by far one of the best ea i have been using and still using…

Conclusion is that megadroid is the best system for making money ,depending on the broker you use. I’ve been using this EA since Sept 2009 till now and it does get more profit as long you know how to set the right input parameters. I started with only 300USD and I finally had 1000 k in 2010.

I bought Forex Megadroid on its first week. The robot seemed revolutionary and everybody was talking about it, so I gave it a shot. During the first month and a half, I must confess I was thrilled. Megadroid had a success rate above 90% and made money most of the time. Unfortunately, the performance is not that good nowadays. Megadroid suffers huge drawdowns and currently doesn’t make me any money.

I read a lot of good and bad things about Megadroid, and I decided to buy my own copy to see how good it is. First, this robot has the best win/loss ratio of all the 6 robots I used. So far, I only had 2 losing trades out of 34. Second, on a real account the system gets less trades than on a demo account. I’m not sure if this is a problem with Megadroid or with my broker. Third, this is clearly a big reward – big risk system. The typical loss seems to be 3 times the average win.
With all of this, I like Megadroid. It has its flaws, but it’s a good robot to use.

The Forex Megadroid doesn’t trade very often, but when it does trade I always win (at least this has been the case so far – touch wood).
Will need to test it over a longer time frame to see whether the promised 95% accuracy holds up over time. But so far so good.
I compensate for the fact it doesn’t trade often but seems to be more accurate than other robots by trading larger lot sizes (up to 2 standard lots =200.000 currency units per lot with default tight stoploss.
Conclusion: Few but safe trades averaging about 5 pips profit per trade. Make your pip value count and take advantage of the accuracy of this terrific product.
Happy pip harvesting!

All winning trades does not trade of often but as long as it is give profits !!!!!!!!!!!!!

So far, I had 9 trades won and zero losers with Megadroid. The total profit is $930. This is a winner.