I propose to discuss Forex MegaDroid in this thread. A regularly updated live account statement for Forex MegaDroid is available here: http://fxcash.ru/statement.php?id=18
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I propose to discuss Forex MegaDroid in this thread. A regularly updated live account statement for Forex MegaDroid is available here: http://fxcash.ru/statement.php?id=18
the link is corrupted! I had to type it manually
lots
It's an issue with the forum script. Please, contact its admins for assistance. Here is a live account statement for Forex MegaDroid:
http://img17.imageshack.us/img17/7051/statement.png
When I post a link, everything is fine.. but never mind..
$44 profit in 4 trades with a balance less then 500 is quite impressive.. this means the risks are equally high..
I was in the FAPturbo mentoring session yesterday, and it seems they are just promoting it as it MIGHT work nicely beside FATurbo.. but during the session there were also a few warnings not to risk too much with megadroid in the beginning as they have started just a week ago, better yet to open a demo account and see what happens. If all goes well after a month consider go live..
I was a little disapointed about that, I expected more from FAPT, that they are actually working together or something and maybe have a special introduction prize for Fapturbo members, but no.. they just try to make an extra buck by promoting it, that is all..
The screenshot above, is a MT4stats plot, right?, why not post the link here, like I have done with my MT4stats page.. (justlooking.mt4stats.com)
I will watch this thread, and i am looking forward to what will happen in about a month or 2, 3..
Thanks for sharing anyways!
Lots
I will continue testing this EA and will keep you posted. In any case, I am not risking anything, since they offer a 60-day ClickBank-backed unconditional full refund guarantee. The fact that FAPTurbo developers are actively promoting it is a huge plus - they would not risk their reputation promoting something of a dubious quality.
I've been running this software live for less than a week on InterBankFX.com and already had three profitable trades. It really is an unprecedented EA and a suitable rival for FAPTurbo. I suggest you test it on a EUR/USD demo for at least a month and see it for yourself. There is a high potential that the robot really employs artificial intelligence - never seen an EA so prudent and insigtful in its market evaluation.
Two profitable trades for me today on my FXDD account, with my weekly pure profit on it now totaling to $130.50 on a $3000 deposit:
http://img11.imageshack.us/img11/584...xmegadroid.png
I am also running Forex MegaDroid off my VPS on an I-TradeFX account. Three trades to date on it, all closed in profit:
http://xmages.net/out.php/i177894_FMDResults.png
Megadroid doesnt seem to trade much.. but maybe that is a good thing, so it avoids riske situations... Will follow this closely!
If you open a MT4stats account, and placing a link to your stats page, would make posting results here for you a little easier.
take care,
Lots
Hello, this is my first time using any sort of forum and I am a bit confused as the message at the top says to say "hello to our community in our Introductions forum" but I can't find the Introductions forum. Could someone help me with this, please?
Two more profitable trades for me today on my ITFX account:
http://xmages.net/out.php/i183053_ITFX.png
It is going well I see.. keep us posted!
lots
Just checked on my ODL account. Surprisingly, it has shown the best result of all so far, both in terms of consistency and profit level:
http://xmages.net/out.php/i187211_ODL.PNG
An update from the Forex MegaDroid developers:
Quote:
...Version 1.10 of Forex MegaDroid is ready for release - we are simply finishing the updates to the manual before making it available. We are working through the weekend so, if all goes to plan, you will be able to download it on Sunday or Monday. We will email you as soon as the files have been uploaded so you will not miss out.
From a user perspective, the new version will be highly informative - the old "Waiting" & "Running" messages have been replaced by a whole sequence of comments which explain what is happening as the robot is running.
In addition, users who have accounts with ECN brokers will find that the robot is now able to place trades... unfortunately, connecting with ECN brokers requires significantly different logic in the trade placement code which we have now implemented - our apologies for overlooking that issue in the initial release.
Finally, we have overcome the instances of "error 1000" for those who were experiencing it and we have removed some unnecessary settings from the Inputs list to reduce confusion.
Now, on to current issues...
If you have been experiencing minimal trades over the last week or so then there are several possible causes:
1) Your broker's pricing conditions (spread, server delay, quote quality) are not good. This can simply be a temporary situation but, if things do not improve then we suggest trying a different broker.
2) Be especially aware that the MegaDroid robot does NOT trade on Fridays, at weekends or on Monday mornings.
3) Check whether you have any error messages or warnings, either on the chart or on the Experts / Journal tabs - if so, please let the help- desk team know about it: Forex MegaDroid :: Support Ticket System
It is also very possible that the robot will not trade for 24-48 hours (or sometimes more), regardless of broker, due to non-condusive market conditions. We have seen such conditions over the last week with all of the very wild swings on EUR/USD as it tries to balance the market sentiment / trader mentality with fundamentals - very frustrating but an aspect of trading life that we have to accept at times. ...
I decided to give Forex MegaDroid the benefit of doubt and launched it off my VPS on four demo accounts - with IBFX, Forex.com, Alpari UK, and FXDD. My IBFX statement is streaming live through the MT4Stats website at http://jacobbeasley.mt4stats.com/
As you can see, the robot took two trades today on it and both closed in profit. I got the same results for the day on the other three brokers - two profitable trades on each. Tomorrow I will have the statements of my accounts with them streaming through MT4Stats as well, so that you would be able to check them regularly at any convenient time for you.
As promised yesterday, here's the full set of my account statements of Forex MegaDroid forward tests streaming live through the MT4Stats site:
http://jacobbeasley.mt4stats.com (IBFX)
http://jacobalpari.mt4stats.com (Alpari UK)
http://jacobfxdd.mt4stats.com (FXDD)
http://jacobforexcom.mt4stats.com (Forex.com)
Just discovered one interesting thing: Forex MegaDroid employs a "stealth mode", which makes it absolutely invisible for brokers. Therefore, brokers cannot even tell the trades were placed by a robot, not to mention determining which robot it was. As a result, you can safely use MegaDroid with ODL and other brokers that do not favor scalpers and openly state so on their sites.
Thanks for keeping us posted on your trading results!
I would also like to caution those who are tempted to use and/or distribute illegal copies of Forex MegaDroid mistakenly thinking that there is no way for the robot's developers to find out about it. They might do it selectively, based on the CB receipt numbers - once they notice that the same CB receipt number is being used for authentication by many users. Likewise, they might track down only those users whose CB receipt number is used for authentication by others. They won't need to obtain any information from the user's computer for it - it is enough for them to look up the info in their sales database.
The first week of my Forex MegaDroid forward testing with four different brokers is over. Below is its brief summary with links to my streaming account statements (the initial balance on each account was $3000).
IBFX: $3137.10, 5 trades, 4 wins, with 1 more profitable trade currently open bringing the account's total up to $3168.78. Streaming statement: http://jacobbeasley.mt4stats.com
Alpari UK: $3146.66, 5 trades, 5 wins. Streaming statement: http://jacobalpari.mt4stats.com
FXDD: $3115.60, 5 trades, 5 wins. Streaming statement: http://jacobfxdd.mt4stats.com
Forex.com: $3084.40, 4 trades, 4 wins. Streaming statement: http://jacobforexcom.mt4stats.com
Do you allready have live accounts? Would be nice to see how it performs on live accounts, you must know demo's are allways a bit optimistic somehow. Specially Alpari is doing very well on demo, where live accounts do a lot less good (but still good though)
Beside this, you cannot really depend on such a short test, to make a definite conclusion on how megadroid performs you should test it at least for three to 4 months.
Just keep us updated, it is nice to see an unbiased review here, where most of the posters here just try to sell copies of something they even dont understand themselves.
Thanks anyways
Lots
Yesterday's only trade on my IBFX account which failed to reach the TP level eventually closed with a small loss. Yet is was far outweighed by today's two new trades both of which closed in profit on all four accounts. Hence, the current situation on my accounts is as follows:
IBFX - balance went up to $3198.86: http://jacobbeasley.mt4stats.com/
Alpari UK - balance went up to $3185.85: http://jacobalpari.mt4stats.com/
FXDD - balance went up to $3151.60: http://jacobfxdd.mt4stats.com/
Forex.com - balance went up to $3118: http://jacobforexcom.mt4stats.com/
How is it going for those of you who are also testing this robot?
The second week of my Forex MegaDroid forward testing is over. The results are as follows (streaming live through the MT4Stats site at the below links):
IBFX - the account balance went up to $3253.46; 9 trades, 8 wins: http://jacobbeasley.mt4stats.com
Alpari UK - the account balance went up to $3190.35; 8 trades, 8 wins: http://jacobalpari.mt4stats.com
FXDD - the account balance went up to $3214.00; 8 trades, 8 wins: http://jacobfxdd.mt4stats.com
Forex.com - the account balance went up to $3178.00; 8 trades, 8 wins: http://jacobforexcom.mt4stats.com
How did it go for those of you who are also using it? Please, share your results with the rest of the community.
I have taken down my Forex.com account because it was a bit of an overload for my VPS (virtual private server). As for MegaDroid, it keeps raking in, both yesterday and today. The situation is now as follows (as a reminder, the initial balances on all accounts were $3000):
IBFX - up to $3361.86; 12 trades, 11 wins: http://jacobbeasley.mt4stats.com/
Alpari UK - up to $3272.19; 11 trades, 11 wins: http://jacobalpari.mt4stats.com/
FXDD - up to $3286.00; 11 trades, 11 wins: http://jacobfxdd.mt4stats.com/
If you got questions, feel free to ask.
Have a nice weekend, everyone!
Just a qucik note to your alpari results.
Alpari seems to suffer from its popularity among Fapturbo/Megadroid users. There demo accounts are way too optimistic, where the demo uses spreads around 3 pips fixed, instant ****ustion with no slippage, the live accounts fluctuate quite a bit between 3 during the day and 5 to 7 during the "asian session".. but more important to know that many fapturbo users experience long waits (like 2 to 5 minutes) before a position is closed, and many requotes as well. Alpari admits these problems and says that this is because of the huge number of Fapturbo users trying to close an order at the same time, causing ques at their servers.
Strange is that on their demo servers there doesnt seem to be a problem, and I am sure there are even more users that are running the demo version..So be aware when starting to use Alpari on a live account, they do not seem to be as good as a few months ago.
back to megadroid, results are OK, but not as good as expected.
Lots
It has now been three weeks since I started testing Forex MegaDroid. The trading was not very active yet profitable as usual. Here are the results:
IBFX - up to $3392.46; 13 trades, 12 wins: http://jacobbeasley.mt4stats.com/
Alpari UK - up to $3272.19; 11 trades, 11 wins: http://jacobalpari.mt4stats.com/
FXDD - up to $3308.50; 12 trades, 12 wins: http://jacobfxdd.mt4stats.com/
True, but if you have only 500-5000 to start up, it does not make much sense to spread that over more brokers.
So choosing your first and only broker is very important!
Megadroid seems to work, but it doesnt trade much, which could be a good thing BTW.
10% in 3 weeks.. hmm, at least it is a lot better then a normal bank savings account! :D
Lots
I am now through one month of Forex MegaDroid forward testing. Not only it was quite a pleasure to see the robot's profitable trading - I'd say silencing the hysterical critics who were screaming "Get a refund! Now!!" to those that decided to give MegaDroid the benefit of doubt was way more enjoyable :).
So the results are as follows (I was using the safest settings - the conservative strategy at 5% risk):
IBFX - up to $3524.46 from $3000; 17 trades, 16 wins: http://jacobbeasley.mt4stats.com/
Alpari UK - up to $3324.27 from $3000; 13 trades, 13 wins: http://jacobalpari.mt4stats.com/
FXDD - up to $3333.50 from $3000; 13 trades, 13 wins: http://jacobfxdd.mt4stats.com/
I am now going live with this robot and will keep you posted on my further progress.
Working great for me...
I know it is going to break FapTurbo records..
Just hoping that the broker won't find the ways to sabotage its performance like they do for all forex robots...
Nice results.. but on demo accounts..
Alpari and IBFX are notorious about showing excellent results in demo, but do not perform as good on live accounts.. This is because the demo's use a fixed rather low spread, where the live accounts have a fluctuating spread that especially increases during the asian session, the time Megadroid (and Fapturbo, and quite a few more scalping EA's) trades.
I have a live account with tadawulFX and works pretty well with FapTurbo, so I guess it should work with Megadroid as well.
Lots
Don't listen to this crap...
Forex maestro sucks!.. Look here:
http://www.forexpeacearmy.com/public...x_maestro_demo
http://www.forexpeacearmy.com/metatr...x_maestro/demo
(you may have to register to see the test results at ForexPeaceArmy)
Lots
Just a brief update for those following my MegaDroid whereabouts. This week I am finally launching the robot on a real account on IBFX (will post the live statement link here once this is done). In the meantime, I also decided to give it a try with an ECN broker - brokers of this type charge comission for every trade yet do not manipulate the market data and thereby do not trade against you. My live results are available at http://apatc50.mt4stats.com/ (5% risk, default settings). The broker's name is ATC.
Well, this is a very interesting robot. It doesn't make too many trades but it has a very high win/loss ratio. The robot turned $ 1,000 into $ 20,000 in 10 months. This is phenomenal return on the money. I believe this robot has the capability to produce outstanding results I think the trick is finding the optimized parameters. I will continue to test with different parameters but I feel this robot is phenomenal.
Over the week that has passed, MegaDroid made 5 more profitable trades in a row on my ECN account with ATC, bringing my total balance up $4 469.66. Statement: http://apatc50.mt4stats.com/
Just got back from a small vacation (jet another one ahead) and checked my account with ATC. MegaDroid has now brought me +$5 492.49 - hooray! :) : http://apatc50.mt4stats.com/ . I have also launched one more account with FXCBS (another ECN broker) - got two profitable trades for the day on it: http://jbfxcbs.mt4stats.com/
After a week of silence yet another nice profitable trade on both of my ECN accounts today: http://apatc50.mt4stats.com/ (ATC) and http://jbfxcbs.mt4stats.com/ (FXCBS). :)
One more profitable trade on my FXCBS account on July 7th: http://jbfxcbs.mt4stats.com/ :)
Forex MegaDroid has woken up again: two more profitbale trades today on my ECN account with ATC ( http://apatc50.mt4stats.com/ ) and three more with FXCBS ( http://jbfxcbs.mt4stats.com/ ).