Forex MegaDroid review - 12 brokerages - Page 19 - Pip Cop

**rsmereka** · 2009-08-10, 04:57 PM

Quote:

Originally Posted by pipsbuster

Alpari UK is a pretty good broker

in my opinion. Here are my MegaDroid results with them: http://jacobalpari.mt4stats.com/

What risk setting are you using?

Rick

**pipdetector** · 2009-08-10, 05:36 PM

Hi Beatsme,

MD did well enough on FXDD. It made 33 trades in 3 months, of which 2 were losses (but overall it was profitable). I played it relatively safe (0,05 risk) and with not so big amounts. I have noticed that some of our website members reported losses at FXDD even though I had wins there.

I moved MD to even smaller account, but increased the risk to 0,1 and I left only Goldminer sitting at FXDD.

**hotsawce** · 2009-08-10, 08:45 PM

Quote:

Originally Posted by pipdetector

Hi Beatsme,

MD did well enough on FXDD. It made 33 trades in 3 months, of which 2 were losses (but overall it was profitable). I played it relatively safe (0,05 risk) and with not so big amounts. I have noticed that some of our website members reported losses at FXDD even though I had wins there.

I moved MD to even smaller account, but increased the risk to 0,1 and I left only Goldminer sitting at FXDD.

What's been the best one so far that's not under NFA regulations (or isn't switching). The summary on the side says FXDD, but I just don't know. I still can't decide on a broker

TiKin · 2009-08-11, 02:36 PM

Hello Pipbuster,

I would like to have your opinion between ATC and Fxcbs. I plan to open a pretty large account with either of them to trade Xtreme EURCHF, which I find conservative.

Anyway, you seem knowledgable about EA's, what is your favorite of them all.

Thanks
Francis

pipsbuster · 2009-08-11, 02:42 PM

Quote:

Originally Posted by beatsme

Hi,

megadroid works well at fxdd live account? anyone has any experience over there?

please suggest a good broker

for it.

Thanks!

Both ATC and FXCBS appear to be equally stable. With the same settings, the robot takes more trades with FXCBS, yet the trading with ATC has been more profitable overall. It all depends on the amount of money you are willing to invest in your trading. If the amount is a couple thousand dollars, I suggest FXCBS. If it is more than that, I would go with ATC, which is generally perceived as more credible and more regulated.

TiKin · 2009-08-11, 03:13 PM

Quote:

Originally Posted by pipsbuster

Both ATC and FXCBS appear to be equally stable. With the same settings, the robot takes more trades with FXCBS, yet the trading with ATC has been more profitable overall. It all depends on the amount of money you are willing to invest in your trading. If the amount is a couple thousand dollars, I suggest FXCBS. If it is more than that, I would go with ATC, which is generally perceived as more credible and more regulated.

Thanks Pipbuster,

I planned on depositing a little over 100,000$. Please give your opinion on what you find the best EA's.

Good day

pipsbuster · 2009-08-11, 03:37 PM

Quote:

Originally Posted by TiKin

Thanks Pipbuster,

I planned on depositing a little over 100,000$. Please give your opinion on what you find the best EA's.

Good day

The best EA I've come across to date is Forex MegaDroid and the best broker

is ATC (atcbrokers.com). There might be also some other ones which I am not aware of.

TiKin · 2009-08-11, 04:02 PM

Quote:

Originally Posted by pipsbuster

The best EA I've come across to date is Forex MegaDroid and the best broker

is ATC (atcbrokers.com). There might be also some other ones which I am not aware of.

The best is Megadroid? but what about Pipcop's results, they are positive but not the best, do you mean to tell you have better results... makes me very curious. How long have you been using it and what is your return, are you live.

Thanks a lot

pipsbuster · 2009-08-11, 04:46 PM

Quote:

Originally Posted by TiKin

The best is Megadroid? but what about Pipcop's results, they are positive but not the best, do you mean to tell you have better results... makes me very curious. How long have you been using it and what is your return, are you live.

Thanks a lot

Pipcop tests it with non-ECN brokers. With ECN brokers like ATC, MegaDroid shows even better results. Nonetheless, I do not insist. The choice is yours.

**pipdetector** · 2009-08-11, 05:12 PM

TiKin,

Taking into account the amount you are going to invest I would be quite conservative with MD or Xtreme CHF settings. These EAs have good wins to losses ratio, but they have nasty stop losses.

Another thing is that all of the scalpers are working in thin liquidity

times of day -- what is possible with a small position, may not be so easy with an 100K account. Having said this, I am quite sure that ECN brokers are the best solution for you.