Forex Megadroid Review- The Real Deal?
1. Why am I recommending Forex Megadroid
I have never received that many emails promoting me this expert advisor. Even the creators of FapTurbo and ForexAutoPilot are endorsing this forex robot.
I then decided to try out this automated trading robot. So far I am satisfied with the results and impressed with the current settings. Why? Because it mimics the traits of a successful trader. It trades long term, only takes killer-trades, obeys reasonable risk/reward ratio and uses a fixed stoploss.
Forex Megadroid is unlike most robots that use a 1 minute entry point. It uses a 1 hour timeframe to trigger its entry. This means instead of trying to take a trade every time, it acts like a predator waiting patiently for its kills.
That’s why it has a high average winning rate. So far the live and backtest results proves that such strategy works well.
With a different style and patient approach, forex megadroid is a good choice to diversify your current trading portfolio.
Get the complete details in our Forex MegaDroid Factsheet
Visit The Official Forex Megadroid Website Here!
2. The Uniqueness
Forex Megadroid can survive in most market volatility
What is the key thing your forex robots must have to survive most market volatility?
Your robot must have a stoploss that complements the average winning pips. You cannot afford to lose your previous 10 winning trades profits with a single loss. Your account can never grow.
Forex Megadroid tries to keep a 3:1 risk/reward ratio. Complement with a high winning rate strategy, it is able to keep your account safe from ruin no matter what the market does.
Before Fap Turbo came out, most robots get wiped out clean in a few days when the market turns around. Worse still, most users compound their capital.
Forex Megadroid also adopts a slow trading approach, which helps to lesson down the risk when market signals are not clear. The less your robot trades with unclear signals, the less chance to lose money.
All these are signs of a reliable, solid and good trading system.
Using a proprietary Reverse Correlated Time And Price Analysis (RCTPA)
The developer has credited this creation for their average net profit of 564% for the past 9 years.
Most robots can generate good profits in a single trend but that ends abruptly when the trend changes. That is when this forex trading software fares well with its RCTPA theory. It helps the robot to adapt to such situation. It then continues to profit in the new trend.
This is a big improvement over existing robots and probably the number 1 reason why they perish in the market.
You can compare Forex Megadroid with other similar forex robots.
Visit The Official Forex Megadroid Website Here!
3. The Benefits
Robot works well from past to future as current trade results are constantly updated
Most automatic forex robots only work in backtest results. Therefore, the developers never show their current results online.
The developers are extremely confident with their robot’s trading performance and they are updated their trading results on a daily-weekly basis. The current robot is scoring a 600% in net profit so far in 2009. (latest at 17 April ‘ 09)
You are getting a forex robot that is proven to perform now and the future.
An improvement over 106 existing forex robots
Forex Megadroid is the latest robot on town. So naturally, it has the advantage of improving the weaknesses of existing forex robots.
Moreover, it has eliminated the weakness of FapTurbo with a better risk/reward ratio.
95.82% Accuracy and capable to quadruple one’s account
Forex Megadroid’s trading system is currently achieving an average 95% accuracy. It has achieve 564% net profit over the past 8 years and has consistently quadrupled one’s account from $1000-$4000 every year.
It does so by using a higher timeframe and only takes trade that is of the highest probability. It also uses a reasonable risk/reward ratio to help one’s account to grow profitability over the long term.
Unlike most robots that use a wide stoploss, it follows strictly on a average 3:1 risk/reward ratio. With a high winning rate, this robot is a wealth multiplier.
Unique built-in mechanism
It is well-know that some forex brokers do not like the use of profitable robots. They either ban them or try to make them unprofitable. (increase spreads or stoploss hunting)
Forex Megadroid uses two unique ID settings to escape detection from brokers. It is recommended that you change these two settings weekly to further enhance the detection. Brokers have figured out how to detect Fap Turbo robot and has ban the use due to its profitability. Fap Turbo used to be more profitable until their stealth detection seems to failed.
Quick installation of less than 5 minutes.
You can install Forex Megadroid much faster now compared to all robots. Not a big factor but it is good to know that the developer care.
The average installation time for most forex robots are around 6-10 minutes
4. What I don’t like (The Cons) ?
Forex Megadroid only trades 1 currency, EUR/USD. Since it uses a conservative, less frequent trading style, it should trade more correlative currencies whenever trading opportunities come.
I recommend you increasing your trading lots to a higher amount so you can grow your account faster. It is equivalent to combining your lots size for 2-3 currencies into 1 lot size.
Understand more on Forex Megadroid with FAQ User Guide
5. Users Comments on Forex Megadroid
It is less than 1 week since the launch so not many trades are opened. Trades that are happened have already closed in profits.
The main complaints or feedbacks are lack of trades. It is not surprising when you understand the trading style of this forex robot. You can see what the users have to say at Reviews from Forex MegaDroid Users
Visit The Official Forex Megadroid Website Here!
By Forex Review Link
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