Million Dollar Pips on backtest make any other look like they are standing still - unfortunately on a live account it does not perform that well. I am seeing wins and losses but currently there were more losses than wins. I will give it another month to see if it can recover from losses else I am going to switch it off.
MegaDroid is one of those 'true' evergreen robots - the real magic of MegaDroid is the way it recover losses (when it lose and that happens seldomly) - had a long trade opened last night by MegaDroid that resulted in a loss. But I am confident that MegaDroid will recover the loss and more.
PipJet in my opinion is a revised MegaDroid running on USD/CAD instead of EUR/USD. Thus if they used the same code as used in MegaDroid this robot is going to be just as good if not better than MegaDroid - time will tell. So far PipJet made 2 trades last week , both in profit. (I have deployed MegaDroid, PipJet and MDP - all 3 on 1 account! Yikes!)
Forex Envy is one of those strange ones - it works even if it is not very accurate. You will see constant trades being opened and closed 24 x 7 x 5 but somehow there is always more wins than losses. Been running it for over 2 months now and the equity curve is just going one way - UP! Have not back tested this one - deployed directly on a live account and I am more than pleased with it's performance up to now. You actually get 3 licences with your purchase, so I deployed another 2 accounts at the begining of July - now Forex Envy is running on 3 accounts. The vendor have a 110% money back guarantee - my performance so far is 16% for May and 11% for June, both months above 10% per month.
The only 'problem with Forex Envy is that you need a LARGE deposit - this can however be overcome by using a TradeFort USD cents account - (Open a USD cents Flex account here: https://my.tradefort.com/registration?37eedf0
) if you deposit $500 and chose the 50% deposito bonus, your account will show $50,000 USD cents + $25,000 USD cents = $75,000 USD cents. I have made $238.95 (23895.62 USD cents) with Forex Envy so far. Thus if all 3 accounts performs the same, I will have at least $500.00 profits into my account every month that increases all the time because of the compounding effect of 10% on 10%.
If you are interested in buying Forex Envy please use this link: http://www.forexenvy.com/
- afterwards just sent support an e-mail stating that you bought on my recommendation (Barry) - they just might pay me a few dollars into my PayPal account :)
The 3rd robot I am using is actually not a robot - more like a trade copier. The vendor claims 40% per month by my performance for June was 25%. If it continues just to give only 20% per month you can actaully think of retiring from your current day job within 3 years! If you want to investigate this further, please use this link: http://1o81o4u.glenridge.revenuewire.net/fx-phantom/homepage
- again if you buy this one I might get a few dollars :)
The combination of these 3 robots projected over 3 years will result into me retiring from the rat race.
Last but not least. I have been learning MQL programming and coded my own robot Forex-ID10T using all the things I have seen other robots do. Struggled for over a year just to get my 'recovery code' right. On a backtest it takes $1,000 from 01 January 2012 to 30 June 2012 to a whopping $267,773.59. It even hits the broker limit of 100 lots and if not for that the profits would even be much higher. Sadly the accuracy is only at 43% - this is my next target to get the accuracy up to at least 60% or more. Watch this space as I will deploy it on a demo account one of the days ...