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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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 market deals in the area of foreign exchange currency. Traders from all around the globe may have reason to rejoice with the advent of the new Forex Megadroid, designed by John Grace and Albert Perrie, two men with vast experience in the Forex market.

Installation of this robot is simplicity itself, it takes only a few minutes to set up and install. This is in contrast to other robots on the market that are complicated and ultimately frustrating to install.

Keeping trading simple is one of the keys to improving your chances of being successful in the market. This robot achieves this by dint of the fact its inventors have restricted the number of currencies it deals in to just two: the U.S Dollar and Euro. Other robots complicate matters by also trading in currencies such as the Yen. By only concentrating on the Dollar and Euro, the Megadroid raises the predictability of the market, thus ensuring the highest possible chance of success.

Unlike other robots, which seem to produce the goods in a demo market only to capitulate when it comes to the real thing; this product claims to have the ability to see into the short term future and predict changes that will happen within the market over the next 2-4 hours. Other robots fail because when the market changes suddenly, they are unable to adjust whereas the Megadroid can quickly ascertain the best and safest course of action.

Other robots will trade often, mixing up market signals which more often than not will result in a loss for the user. The Megadroid is far more cautious, indeed it only trades once every few days but when it does a profit usually enuses.

The final and seemingly most astonishing aspect of the Megadroid is is success rate. When Grace and Perrie claimed a staggering 95.82% accuracy rate, it was widely rejected as hype with no substance. However, this figure was not just plucked from thin air. It was instead the success rate attained by the robot from 8 years of rigourous testing on the market. Indeed, the duo are now claiming that their product can correctly forecast 99% of trade. This remains to be seen and should be judged over an extended period of time, not just the first few months of release.

I believe that this may be a fabulous product for aspiring traders but they should be as thorough in searching information about the Megadroid as Grace and Perrie were in testing it.

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