Pip Cop - Forex Robot Reviews - View Single Post - Forex MegaDroid review

Ken Long · 2010-03-14, 10:21 AM

Quote:
Originally Posted by li21
Hi Ken,

Sorry for the messge out of the blue, but ive read your posts and you seem to be one of the most clued in members on the forums. I also noticed you have used Megadroid.

I'm thinking of getting Megadroid as it has be most consistent results and positive reviews..

Just wondering if MD's success is a thing of the past or is it still able to make good trades today?

Can you recommend anything better than MD?
FAP Turbo? Robo Miner?

If not can you tell me more about MD that makes it a good choice?

thanks

I am still running MegaDroid live with very good results. However, I am still distrustful. If you review the posted backtesting on their web site, or run your own, you will see larger losses and consecutive losses. In all cases it has the ability to come back from them, but several large consecutive losses can set it back considerably. Still, this is one of the best running, and easiest to work around, that I have seen. There is a more active discussion and live testing on the FPA forum, forexpeacearmy.com/forex-forum, as well DonnaForex.com posts her results. She uses the Advanced Droid Tactics to make it trade more often, but her results are still informative, and her weekly e-mail is definately worthwhile.

Also, there is a specific MegaDroid forum, forexmegadroid-forum.com, with lots of good information and help for newer traders.

And, I cant recomend anything better than MegaDroid. Certainly not FAP-T, FAP-T is capable of placing many more trades and even making more money, but its grossly unreliable, going through large and frequent losing streaks. MegaDroid is by far the easiest and most reliable EA that I have seen, and the only one that I have any real degree of trust in.

2010-03-14, 10:21 AM	#418 (permalink)
Ken Long Pip Sergeant Trader for 2 - 4 years Location: Cambridge, MA Posts: 331	Quote: Originally Posted by li21 Hi Ken, Sorry for the messge out of the blue, but ive read your posts and you seem to be one of the most clued in members on the forums. I also noticed you have used Megadroid. I'm thinking of getting Megadroid as it has be most consistent results and positive reviews.. Just wondering if MD's success is a thing of the past or is it still able to make good trades today? Can you recommend anything better than MD? FAP Turbo? Robo Miner? If not can you tell me more about MD that makes it a good choice? thanks I am still running MegaDroid live with very good results. However, I am still distrustful. If you review the posted backtesting on their web site, or run your own, you will see larger losses and consecutive losses. In all cases it has the ability to come back from them, but several large consecutive losses can set it back considerably. Still, this is one of the best running, and easiest to work around, that I have seen. There is a more active discussion and live testing on the FPA forum, forexpeacearmy.com/forex-forum, as well DonnaForex.com posts her results. She uses the Advanced Droid Tactics to make it trade more often, but her results are still informative, and her weekly e-mail is definately worthwhile. Also, there is a specific MegaDroid forum, forexmegadroid-forum.com, with lots of good information and help for newer traders. And, I cant recomend anything better than MegaDroid. Certainly not FAP-T, FAP-T is capable of placing many more trades and even making more money, but its grossly unreliable, going through large and frequent losing streaks. MegaDroid is by far the easiest and most reliable EA that I have seen, and the only one that I have any real degree of trust in. Last edited by Ken Long; 2010-03-16 at 11:43 AM.