Forex Megadroid Review Scores
Forex Megadroid
I've run this on multiple live accounts and multiple brokers. It wins when it trades but it is very picky and inconsistent between brokers as well. Forward testing on demo accounts always has a better result than on my live accounts as well. Got it refunded back after 30 days of use.
If you were winning why would you get a refund ?
I don't believe in Heaven, but I pray there ain't no Hell !!..................Opinions are like..... you know the rest, lol
Because the live results were very different from the backtested results. Even in backtesting this EA sometimes has really big losses. And in the live environment there were not enough winning trades to make up for that eventual big loss. I just deemed it too risky.
It's too risky. Stoploss are a lotery. Go away.
I've made reasonable money from Megadroid over six months. It's slow, but makes money.
It's very profitable with the right settings and broker. The only bad part are the SL's are sometimes too high, but I have a version that fixed this.
fineguywhosnice
Member Since Jun 14, 2010
28 posts
Jun 20 2010 at 03:32
hey Piepatat what broker do you recommend and what settings are you using?
With God, all things are possible!
I've had steady gains since Megadroid was launched although usually very small amounts as my risk setting is low. The only ea that I haven't given up on. Better safe than sorry!
fineguywhosnice posted:
hey Piepatat what broker do you recommend and what settings are you using?
ATC broker, and the modification: Modidriod ( I'm demo testing the latest version ).
Risk: 15% in advance risk management ( very handy tool that will fix the high SL ).
News filter: 90 minutes before, 30 minutes after.
Stealth off
Aggresive off
Manully turning recovery mode on after loss ( since this is bugged in Megadroid )