MegaDroid

[Ken Long]

Just bought Forex MegaDroid, so nothing much to say yet. The reviews on FPA arent great, but its ClickBank so I have 60 days to test it and decide. All the usual affiliate hacks have been pumping this heavily as the new best thing, we'll see. This is supposed to be the real thing in artificial inteligence EA programing. I wonder if its the robot that has the artificial inteligence, or the developers, or maybe just us who pay them.


EDIT: MegaDroid review is here:
http://www.pipcop.com/forums/current....html#post4110

-PipCop

[rsmereka]

Originally Posted by Ken Long

Just bought this, so nothing much to say yet. The reviews on FPA arent great, but its ClickBank so I have 60 days to test it and decide. All the usual affiliate hacks have been pumping this heavily as the new best thing, we'll see. This is supposed to be the real thing in artificial inteligence EA programing. I wonder if its the robot that has the artificial inteligence, or the developers, or maybe just us who pay them.

Hi Ken,

I bought mine yesterday. Started it running 10:00am. EURUSD, 1H (although the timeframe is not supposed to matter). So far, no trades.

Rick

[Ken Long]

Got to love that ClickBank guarantee. I can test this thing and not worry about spending 100$ on junk.

I have it set on the eurusd 1H chart with default parameters until I see how it runs and have a reason to change. Like the FAPT, which I still run, I dont expect this to make me rich, at least not imediately. All I'm looking for is a few successful trades that I might not have taken otherwise.

[1ka]

Megadroid

C3PO after working out with Arnie?

R2D2 with a decent sound chip?

A new form of haemorrhoid?

[aleyva]

I bought this as well. I have it setup according to the documentation provided by the developers. It just entered it's first trade at 6:09 PM EST on my FXDD demo account. Guess we'll see where it goes.

[Ken Long]

Originally Posted by aleyva

I bought this as well. I have it setup according to the documentation provided by the developers. It just entered it's first trade at 6:09 PM EST on my FXDD demo account. Guess we'll see where it goes.

I have this set on an fxdd demo account as well and it entered its first trade at 6:09 est.

50 pip target, 40 pip stop loss, and it took profit at 10 pips, easy trade

[ShaKerZ]

Hi,
i bought yesterday. But always no trade so far.
It's a robot that trade over what period ? Just night ?

[Woody]

I put this bot on an IBFX and Alpari Demo. It did not take the trade that was taken on FXDD. I am also iusing default settings with exception of risk level which I set to .05 (5%). The default setting for risk is 0.0?????????
Here is the links. I have all my MT4's to publish every 15 min instead of 5.
IBFX http://ibfxmega.mt4stats.com/
Alpari (US) http://alpmega.mt4stats.com/

[rsmereka]

Originally Posted by Ken Long

I have this set on an fxdd demo account as well and it entered its first trade at 6:09 est.

50 pip target, 40 pip stop loss, and it took profit at 10 pips, easy trade

Megadroid support referred to this trade yesterday in an email but my Alpari UK demo account never took this trade.

Rick

[Ken Long]

I put this bot on an IBFX and Alpari Demo. It did not take the trade that was taken on FXDD.

Megadroid support referred to this trade yesterday in an email but my Alpari UK demo account never took this trade.


Yes, the trade I refered to is the exact trade they mentioned. Obviously different brokers have different results. Maybe they're running on FXDD?

There were also two trades the day before (4/1) using Alpari, these are listed on the FPA demo tests. ForexPeaceArmy.com is now running EA demo testing, just started.

It's a robot that trade over what period ? Just night ?

Theres a lot we dont know about this bot. Suposedly it trades any hours so the brokers cant time it.

I started this at 0.05 risk setting (5%), I believe their literature mentioned this level. I've now raised it to 0.1 (10%), last nights e-mail mentioned 0.1-0.2 as good levels, and the FPA mentioned that the developers are running at 0.2 (20%) to get their results. If the maximum loss level is 50 pips, then 10% may be a resonable level.

There are supposedly two trading strategies in this bot. I think one of our first jobs will be to identify both strategies and assess risk and reliability, and to determine how well this bot handles major trend changes and trending/ranging situations.