Quote:
Originally Posted by Blackhand  Megadroid can only be used in one real account... However, in my real account of FXDD, 5-8 May had 5 trades. Another thing: FYI
DO NOT simply buy Forex Vengeance or Magic Machine.
i bought this 2 EA and ARE SUCKz!! FV doesnt hav an entry last week, today it has, but all being stop out!!! And u will receive another email to tell u buy another Advance System...
MagicM is even worst, is only optimized for EU !!!  How about the multiple pairs' result shown in website is cool??? U will receive another mail too, ya, another $97 to get ADVANCE system. Perhaps the multiple pairs is doing by hidden ADVANCE system, Things r shady in advertisement. BEware  MagicM is just some lousy breakout system, i am losing some $$$ bcos of this EA buy at TOP!!!! |
Are you sure MegaDroid can only be used in one live account? I havent read this anywhere else. It has been doing very well on a small live account with FXDD, and I was considering opening anouther.
I agree about Magic Machine. I bought this on the hope it would perform as well as MegaDroid, and am quite disapointed. I ran many backtests this past weekend. It only performs well for the year 2008. Evey year before that it choked. The conservative mode made no money for the years before 08. The aggressive mode blew the account almost immediately. Only with a 2% risk setting could I get it to survive, and it almost didnt make it. However, it did amazingly well in 08.
This is a clone of the free "vForce like EA",
http://www.tradingsystemforex.com/co...achine-ea.html, with a good short term optimization. And yes, it is strictly a breakout trader, with only this one strategy, and not much for trade managment other than a stop, target, and trailing stop. It does not appear to have any fancy adaptive algorithims. Its backtest results are due to a good optimization, and a good core indicator, vForce, available for free on the ForexFactory,
http://www.forexfactory.com/showthread.php?t=155871, with instructions for use.
Really a disapointment, but an expected one, thanks for ClickBank.