Summary:
A very pleasant surprise; the Forex fx broker MegaDroid is an outstanding performer with 97.3% profitable trades (proven below on this page). Much better than the vendor’s claim of 95.8% success. Fully automated. With live testing of 101 profitable trades out of 103 made since January 1. You must forgive its sleazy looking sales page; this product is much loved by its 18,000 users.
This expert advisor robot is a must have. I am very impressed.
The Forex MegaDroid has been developed by John Grace and Albert Perrie. Both are forex traders with 38 years forex trading experience between them. As close friends, over time they firmed up their thoughts about developing their own trading robot.
Sadly the Forex MegaDroid has a horrid sales page which initially was a big turn off for me. It’s exactly the look and feel you’d expect from a used car salesman with sleazy tactics. It is so tacky that I expected to be reporting here that their product is a disgrace. But during my research of them, I was forced to reconsider my first impressions. The proven, ongoing live testing results confirm this.
In all of the live-account testing I have seen, there is no question that it performs exceptionally well. They claim better than a 95% successful trade rate – which I doubted very much – but it’s true. I have seen the proof many times.
As an example, from my review page there are links to see a guy’s live trading accounts that he opened on April 20, 2009;
Live $3,000 IBFX trading account using MegaDroid
Live $3,000 Alpari trading account using MegaDroid
Live $3,000 FXDD trading account using MegaDroid
This guy bought his MegaDroid, installed it easily, and opened live forex trading accounts with 3 different brokers. In each account he put $3,000.
From each account ID, he gave his MegaDroid the data feed from each broker. The robot can then execute trades on his accounts.
He set his limits of risk he was happy with per the training. And then he sat and watched. He is a novice trader. He has just started out. He did nothing more than install it, set it on the default risk levels. Then he just watched and let it do its thing.
At the time of writing the review (May 14, 2009) – his 3 different broker accounts (using the one copy of MegaDroid) had made 37 trades.
Of the 37 trades, 36 made a profit – only 1 trade lost money – $7.36. For the 24 days trading till just then (on fully automatic) – his net profit is $1,067.15.
I am impressed by that. I can’t say what the accounts will look like when you are reading this. But as of May 14, 2009 that’s 97.3% profitable trades.
Also it is important to note the $/trade profit versus the $/trade loss. The 36 profitable trades were for an average of $29.85 profit each trade. As said, the 1 losing trade was for $7.36.
So, that’s 36:1 profit to lose ratio on the number of trades. And a 4:1 ratio on the size of profits compared to losses.
My view is that even if a trader was expert and smart enough to do what the MegaDroid has demonstrated here, no human could concentrate long enough and consistently enough to match the performance.
Still not impressed? Then look at the other live trading account on my review page.
MegaDroid $10,000 opening balance January 1, 2009 LIVE
As of May 14, 2009 it has now got a balance of $78,138.70. 103 trades – 101 trades made a profit. Look at the profit graph – sorry you have to visit my review page to see it as I am not allow to post it here.
Through the years of Forex trading John and Albert did realise that most Forex robot systems were designed and developed with only a single forex market condition in mind.
While this maybe true, I don’t really care – I just want it to make money reliably and safely. Remember that the 4 and a half months of the graph have been some of the most terrifying trading conditions in Global financial markets since the 1930’s Great Depression.
Every Forex trader does know that the forex market changes all the time. It is clear from real proof that the MegaDroid Forex Trading Robot has a system built into it that embraces this change.
The Forex MegaDroid has been developed using a unique algorithm. They claim it is able to adapt to complex trading conditions across multiple forex markets. The Forex MegaDroid has been developed with consistency in mind -something that all Forex traders wish for. I can vouch for this with the live trading results I can still see today.
The vendors claim this system has been successfully created to perform at 95. 82% accuracy. What I have witnessed from real traders doing real trading it performs better than that. The novice is seeing 97.3%, and the professional is seeing just slightly better than 98%.
It is clear that the $10,000 invested per the graph mentioned above will see $ 100,000 by the end of June – at 1,000% growth in 6 months.
Note: One of the trading strategies the Forex MegaDroid uses is called ” scalping”. Scalping is the term used to describe trades that are “opened and closed within the same minute”. That is, the robot executes a buy order, and then within 60 seconds it has sold it again.
SOME brokers don’t like that. They may ask you to change your trading style -or to take your business somewhere else. Don’t worry, these brokers are the ones with;
* poor back-office systems that cannot cope with fast transactions, or * poor liquidity and cannot process your orders fast enough.
You don’t want to be dealing with that kind of broker anyway. You want a liquid broker with fast back office systems.
Conclusion
Visit my site for more reasons why you may want to buy this outstanding Forex Robot. I strongly recommend this Expert Advisor as one of the 3 robots you should be using. And I do recommend that you use 3 of them – Forex MegaDroid being one of them. 18,000 users are very happy with it. Cost: $149 – 60 day money back guarantee.
NOTE: I wrote this review, and now add the following. I found an extremely busy forum where there is much talk about this expert advisor. Everyone is making EXCELLENT money from live trading. Fap Turbo by comparison has serious customer service issues. The MegaDroid is DEFINITELY the essential Forex robot to buy, no questions about it. I have copied the comments here at (my website, again sorry I can’t post links in this article).
