Mark Jorgenson asked:


On track to be the best Forex Robot of 2009, Forex MegaDroid has been receiving a lot of attention and for good reason! We began testing this robot shortly after its release and were very impressed. As independent testers of most all forex robots that hit the market, we begin trading every robot in a demo account with no intention at all of ever trading them in our live account. We were so impressed with Forex MegaDroid that we added it to our live account in June, 2009 where it has performed almost flawlessly! The following is our review of this new expert advisor.  

Forex MegaDroid is one of the most accurate robots on the market today, maybe ever! Their website boasts of an accuracy of 96% at the time of this writing and from what we can tell so far they are not exaggerating! We experienced accuracy levels very close to this during demo testing but it’s too early to tell if this level will continue under real trading conditions. We are however experiencing very high levels of profitable trades under live conditions and have no reason to believe that this robot will disappoint us or anyone else.  

Forex MegaDroid is the creation of John Grace and Albert Perrie, who have been forex trading for 18 years and 20 years respectively. Their experience in the market is demonstrated in the programming of this robot. Forex MegaDroid features RCTPA Technology, which stands for Reverse Correlated Time and Price Analysis. What exactly is RCTPA? I wish we could be more help here as the technology is considered “the secret” behind this robot and will not be fully divulged by its programmers. Simply put, RCTPA is the technology that allows Forex MegaDroid to place trades by “looking into the future” rather than placing trades based on past price action and hoping for the best. What ever it is it does seem to work quite well.  

In stark contrast to its sophisticated programming is the user interface. A robot of this magnitude generally has a quite difficult user interface…Not so with Forex MegaDroid. The manufacturers promise less than a five minute setup and the settings are simple to handle. The average computer user could probably go from purchase to trading in less than five minutes – it’s that simple! The trader simply decides if they want to trade on aggressive mode and the other settings remain at the default.  

The feature we like the most when trading with MegaDroid is its Stealth feature. This robot trades completely undetected by forex brokers. It’s completely hidden and can’t be identified so there is no way a deceitful broker could trade against it or take advantage of its users by recognizing its trading parameters. With many brokers this isn’t a problem but it’s nice to know this feature exists in Forex MegaDroid.  

In conclusion we believe Forex MegaDroid could become the Forex robot of the year. Its profitability, ease of use, and consistency is something not seen in a forex robot very often. At the time of this writing the price for Forex MegaDroid is only $97 making one of the most affordable robots on the market. You’ve probably figured out that we’re big fans of this product and would recommend it to any forex trader regardless of their level of experience.

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Lisa C. Wilsons asked:


Released on 31 March 2009, the Forex MegaDroid is the brainchild of Forex trading experts Albert Perrie and John Grace. Together, they have designed this software that employs the various strategies and techniques they have used to accumulate wealth which span their 40 years of experience in the industry.

How the MegaDroid works
Using a technology called Reverse Correlated Time and Price Analysis (RCTPA), MegaDroid is able to make trades in the current time based on past market trends. This is made possible through the artificial intelligence technology that is built into the robot, and as there are patterns that recur in foreign exchange trading, the MegaDroid is therefore able to make trades successfully by observing these patterns.

The product is the first robot to be programmed with Artificial Intelligence (AI). By observing past trends, it learns from experience and will not make trades in a currency that has been performing poorly. Instead, it will study the trends and employ the knowledge in future trading.

Unlike earlier Forex robots, the MegaDroid functions much like a Forex trader’s assistant. It is able to study past trends and adapt to changing market conditions, by sifting through market information and providing reliable trading advice. Creators Perrie and Grace are confident their robot will set itself apart from other competitors in the industry.

How the MegaDroid performed
During its eight years of testing, the robot impressively shone through with a 95% to 96% win on trades and trebled the performance on one of the many accounts it was tested on. It has successfully traded with a high level of accuracy and consistency, and it also limited losses by not buying into trades with poor performances.

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Andy S. Morissons asked:


Recently a new Forex robot by name Forex MegaDroid was launched and it created a stir in the Forex traders. Forex traders are calling this a new phenomenon and it is very attractive in its promises. The limitations in older Forex robots are eliminated in this. “A new era began in Forex trade” says a proponent of this software.

This software uses “Reverse Correlated Price and Time Analysis” technology (RCPTA). And now what is RCPTA? Computer experts say this is an example of Artificial Intelligence. Those who are into computer programming know that Artificial Intelligence is decision-making software which emulates human thinking. The makers of this software claim that after analyzing data of forex trade, also this software can predict market changes well in advance. Within a span of 2 to 4 hours this software can see future much ahead. Thus, the user of this software can take advantage of market changes two to four hours prior to actual occurrence of them. As it is robot software, it can make the profitable deal automatically for you based on its predictions.

Forex robot software analyses the data of past trade in foreign exchange and based on the past records it makes the market predictions. But the problem with Forex trade is, it is dependant on so many extraneous factors many of which do not resemble the past. Thus, the predictions by these software robots can go and in fact do go wrong. One of the main reasons is political factors can affect economics and politics, being a human factor, is not machine predictable.

So how to make Forex robot independent of these uncertainties to make accurate predictions? John Grace and Albert Perrie with 38 man-years of experience in forex market have developed this RCPTA technology. This technology overcomes the draw backs of existing forex robots. It is epoch making software. Forex trade will never be the same again. Other programs do not have this technology and fall way behind in making accurate predictions.

Another important feature in Forex robots is consistency. Forex MegaDroid has been consistent in all its predictions. Hence, it is reliable software. Other robots are known to make profits at one time i.e., when forex market is ranging and made losses when forex market is trending as they used the same algorithm. It worked same way when the market moved in the reverse direction and ended up showing the phenomenon. With RCPTA technology this software overcomes this and makes profits in either way. Forex MegaDroid can make profits consistently and make a million in a year.

Fap Turbo is another Forex robot launched with much hype recently. If you are apprehensive about your Forex business you can use two robots instead of one as an insurance against unexpected losses. That is if one program makes a loss the other can compensate by making a profit. Fap Turbo is a good choice to couple with Forex MegaDroid for this purpose.

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Aaron Bruce J. Malten asked:


This automated software trading robot, the Forex MegaDroid, came into existence because of the combined efforts of Albert Perrie and John Grace. They put in four decades of extensive experience in the forex markets into developing this trading tool. Lot many traders opine that the entry of this software into the market has revolutionized the entire forex markets. What is the reason for people to think in these lines that they do? Let us just take a sneak peek into what it is and what it is not.

• This is the only software that makes use of the RCTPA technology which is nothing but the artificial intelligence technology with the help of which the robot can foresee the direction of movement of the currency in the coming three to four hours time. Basing on this information one can plan their strategic moves in order that they benefit out of the situation.

• This software has the capacity to adjust to any kind of a market condition.

• It claims to offer accuracy up to 95.82% times while trading.

• The amount of money that is needed for you to kick start your trading is just one dollar. One can find a whole list of forex brokers who will help in opening an account with just $1.

• It has a proven record of giving decent profits to its customers and the percentage of profits seem to be increasing year after year.

• It offers a money-back guarantee in case dissatisfied with any aspect of the software.

• If one has decided to purchase they can do so at a highly discounted price.

Trading in the forex markets with the help of the forex MegaDroid may be easy because the owners claim that it does not take much time at all to download install and start trading. All it might take is just five minutes for all these activities. Another distinctive feature of this software is that it not only takes into account the past trades but also places crucial trades anticipating the future. The RCTPA (Reverse Correlated Time and Price Analysis) feature makes this possible.

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Stephen J. Lewis asked:


Forex Megadroid is a trading robot created by Albert Perrie and John Grace, 40-year veterans of the Forex market. This EA, the first to utilize the innovative “Reverse Correlated Time and Price Analysis” (RCTPA) system, incorporates their combined knowledge tempered with decades of firsthand trading experience. This is a robot that does more than buy and sell: it understands how the market works, and it parlays that understanding into profit.

As with any software purchase, you should make sure you buy from a reputable vendor. There are three things that you should look for in a vendor, and here is how Forex Megadroid stacks up in each category:

- Customizability. There is a learning curve involved with using any EA; you need to be able to customize your robot to trade using your preferred strategy. With Megadroid, however, most of its flexibility is under the hood: the software is intelligent enough to make its own tweaks as market conditions change, taking most of the guesswork out of your hands.

- Service. Voicemail or a prerecorded sales pitch does not constitute customer service. Before you give your money to anyone, you should make sure you’re able to talk to a live representative on the vendor’s end in case you have any questions or issues. If you buy directly from the creators of Forex Megadroid, they have decent customer service. They respond to emails within 2 business days; this might seem slow to some, but this means you an expect a personalized, relevant response and not a generic copy-and-paste reply. There are also affiliate sites you can purchase the software from that offer 24/7 Skype support with your purchase.

- Money-Back Guarantee. If the vendor’s site doesn’t specifically mention that you are entitled to a refund of the entire purchase price if you are not satisfied with the product, then you’re looking at a scam. Forex Megadroid guarantees a full refund within 60 days.

Forex Megadroid excels on all fronts. It’s only been on the market for a few months, but this is an EA that shows great promise. If you’re interested, please read below to learn more about this robot and how to use it most effectively.

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Alan Bentler asked:


“Is the Forex Megadroid software a scam?”
“Does Forex Megadroid really work?”
“Has anyone made money with it?”

If you’re looking for a profitable automated Forex trading system and are considering the Forex Megadroid robot then these are probably some of the questions which are now on your mind. Before you spend your hard earned dollars on this software, you want to know if it’s really worth the money. And I don’t blame you – retail online Forex trading, lucrative as it may have been to many small traders, has seen it’s share of scam-mers and fraudsters so one can never be too careful when analyzing a Forex trading system, especially a new one like Forex Megadroid.

To be honest, the Megadroid software left me really skeptical at first. Its back test results graph simply looked too good to be true, on top of that the test included data from the last 10 years (since 1999), all the while showing the same consistent profitability, month after month…

So I asked myslef the same question…is Forex Megadroid a scam?

I decied to start from the beginning: who developed the Forex Megadroid software? What type of analysis system does it use?

The developers of the Forex Megadroid system, Albert Perrie and John Grace describe themselves as professional traders with almost 40 years of combined experience and also as the inventors of RCTPA, the latest Forex trading analysis methodology which relies heavily on AI – Artificial Intelligence. RCTPA is an acronym for “Reverse Correlated Time and Price Analysis”.

About the Forex Megadroid Software

As I pointed earlier, looking at the Forex Megadroid results I was really skeptical in the beginning…

However, my own backtest analysis yielded more or less the same results (minor differences, as I used historical data provided by a different broker and there are always some minor differences in the brokers quotes)… This made me curious…

Upon analyzing the results of historical trading I began to realize that the Forex Megadroid system manages to always (well, almost always – no system is perfect!) trade in the direction of the short term trend!

How was that possible? Just as the developers explain in the manual and in one of their video interviews, utilizing the power of the new AI technology based on the RCTPA method, the robot was able to “predict” short-term price moves with an such high accuracy and execute those orders with very high probability of success!

Obviously, it is a lot more likely for a trader to close their trades profitably than if trading manually. However, the software must be used correctly and that’s where many people can go wrong and end up thinking that the product is a scam!

Here’s a few simple tips which will help you get the most out your purchase should you decide to give Forex Megadroid a try.

No Forex trading software is perfect and Forex Megadroid is no exception. It can not and will not win all the time. Look on the bright side – no human trader is perfect either! What Forex Megardoid can do, however, is provide you with a consistent and adaptable AI-based strategy and this should increase your chances of success significantly. Smart as it may be, Forex Megadroid will not be able to account for global economic events so it is best not to use the robot during heavy-impact economic announcements, such as for example the Non-Farm Payroll report, Consumer Price Index, Consumer Confidence index and other major news announcements. This of course can not be a reason to declare that “Forex Megadroid is a Scam” (although some people, I am sure, will do just that). As was mentioned earlier the system can analyze and correctly determine short term trends in the market. This however does not relieve the trader from certain responsibilities, and most importantly, simply using common sense. For example: Do not trade against the daily trend and, as pointed above – during high-impact economic announcements. A quick glance at the charts will show you whether it is ok to let the robot trade or it’s better to wait out an unfavorable situation.

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Daniel C. Paul asked:


The Forex Megadroid has been causing a sensation since it first appeared on the market on March 31st 2009. It allows the user to trade within the Foreign Exchange Market with no need for the person to intervene. This article shall look at some of the essential points about this robot.

John Grace and Perrie are the men behind the Megadroid. They have used a lifetimes worth of experience trading on the Forex market to invent their product. They then tested their product out over a period of 8 years and found that their creation produced an accuracy rate of 95.82%. Whilst other robots trade over a whole multitude of foreign exchange markets, the Megadroid concentrates on just two, the U.S Dollar and the Euro. This is the key to the robots consistency, less markets means less variables thus easier to predict.

The Megadroid will never produce rapid fire results, will not pay for that vacation within a week but it could provide a tidy sum, enough to make it worth the purchase. The Forex market is dense and complicated, enormous amounts of research is required to be able to forecast imminent market changes. The Megadroid, with it’s Artificial Intelligence is designed to make these predictions for you, allowing the user to sit back and relax as the robot does the work for you. This product should really be considered as being the ideal research assistant. No need to eat, sleep or take vacations or days off ill. The robot will work as often as you wish, though it is designed to be cautious and if left alone will only trade once every few days.

Here are some more things about the Forex Megadroid that ensure that it is user friendly.

Other robots are complicated to use and to set up, requiring customization to your preferred settings and trade strategy. However, the Megadroid can be set up and installed within minutes and the instructions are very easy to comprehend

This products customer service is definitely adequate. A dedicated team of people are available to answer any queries you may have about the Megadroid.

There is a money back guarantee of 60 days, if for whatever reason you are not satisfied with what the product is delivering.

At a once off cost of 97 dollars, it would appear that this product is well worth a purchase. Though I would advise any potential buyer to thoroughly research the product themselves to see if it is the perfect fit for them.

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Jose D Martinez asked:


The Forex Megadroid trading robot has taken the forex world by storm as supposedly the most advanced automated forex trading software in the market. The sales page posts incredible claims of returns and trading success percentage. Because of the incredible marketing launch of the robot, a big buzz has been building, and a plethora of review sites have come onto the web. But it’s obvious when browsing through these that most of the “review” sites are merely sales pages. Most of the people that made these sites haven’t really given a trade-by-trade review because most of them just want to sell the robot. Also, the claims on the company’s sales page is information gotten through back testing the robot, and is of course, also biased. So the question that really remains is “does the robot really work?”

Before we get into it, here’s a little bit about the Forex Megadroid and automated forex robots.

About The Forex Megadroid

Forex trading robots or expert advisors have been in vogue as of late because of the potential promise and benefits they offer. In theory, sophisticated forex automated trading software can analyze the market all they long, and then automatically get in and out of a long or short position for a winning trade. And this is done totally mechanically, with no human emotions of greed or fear. You simply set the risk settings and let the robot do its thing. This is the theory.

The basic tenets of forex market wisdom still apply even to a machine. Two of these tenets is: nobody (human or machine) can predict the forex market and you will have drawdowns or losing trades. Successful trading happens when the losing trades are minimized and your account is managed in a disciplined manner. Therefore, a lot of these robots have been known to wipe out accounts in just a few trades because they were not sophisticated enough to handle very different and changing market conditions.

Automated trading technology is relatively new. And like all new technologies, they evolve with time. The Forex Megadroid automated robot is the latest in the evolution of these robots. The makers of the robot boast that it uses a new type of expert advisor technology called Reverse Correlated Time and Price Analysis or RCTPA for short. This technology, according to them, gives the robot the ability to trade in different and changing market conditions. And they also boast a 95.82% success rate in trading. Obviously, this all simply sounds like hype.

So, Does The Forex Megadroid Work?

This expert advisor was found to work for many traders and not just the makers of it. The robot uses a scalping technique to gain pips. It only trades with the EUR/USD pair, and it waits until volatility within the pair is diminished before it places a trade. Once it does, it only gains a small amount of pips, about 15 at the most. But it does it every day for 4 days a week.

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Lyndsay Wilkinson asked:


Forex Trading has always been an exciting way to earn huge profits; unfortunately it is also a very easy way to lose your capital. In the past, forex traders worked for large finance corporations and banks around the world.

Today individual traders can access the markets with their computers and trade online. Forex trading is attracting more and more individuals who want to either work from home full time or simply supplement their income. As the global financial situation gets worse people are looking for a way to improve their financial situation. With Brokers allowing you to trade with smaller capital and being able to trade part lots people who once could not enter the market are now looking at trading.

The next big change in trading is the use of Forex robots; it is this new concept that is attracting all the attention. The first forex robots usually were disappointing and did not live up to expectations. We have traded with the new second generation robots and seen an increase in accuracy of trades and lower draw downs. It was always only a matter of time before new technology was used and a new robot was to be released.

Forex Megadroid is the new robot on the block. It claims to use completely new technology RCTPA Artifical Intelligence. Albert Perrie and John Grace who have been trading Forex for over 35 years are the creators of this software.

Forex Megadroid is a Forex robot that sees into the immediate future (2-4 hours) with 95.82% Accuracy. Using their robot they have made a net profit for 2009 of 330.20% (a bit over 90 days) …over 100% per month.

This robot with its new software is going to be very popular, but like any other trading system if you do not fully understand trading you will not get the best out of it. All automated systems have a weakness; I have been trading forex for many years and understand why people are not successful. Accordingly I have created a report which will take your trading to a new level, over and above the results you will get without it. Visit my website for full details on Forex Megadroid and my special report.

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Edgar Suppes asked:


I hope this short Forex MegaDroid Review will give you in-depth information on the new Product. This system is the top rated product at that time so I had to check it out. Here is what I’ve found out:

Albert Perrie and John Grace are the developer of the product. Both are professional Forex Trader for over thirty eight years now. They wanted to program their enormous knowledge into one little software. Their own intention was it to create a product which every Forex trader can use. Advanced trader as well as new Forex Trader. This software is extremely easy to use. A real Plug & Play system.

Of course the most important fact about an expert advisor is that it should work. It should make profitable trades! That’s exactly what the new Forex MegaDroid does. Because of it’s innovative RCTPA technology the Robot can see in the future. It can trade in a volatile as well as in a non-volatile market. This is possible because the developer put their whole existing data of several decades of trading into their robot. So the robot knows nearly every possible situation and can act the right way.

I personally use the software for months now. And it works like a charm. It cuts your negative trades and keeps your losses as small as possible. This is why I highly recommend this new Forex system for every Forex trader. It really can not be easier to make money in the Forex market.

So I hope you enjoyed this little Forex MegaDroid Review.

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