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  #1  
Old 19-04-2009, 23:37
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Default Megadroid

Has anyone purchased Megadroid? Would like to know how its going.
I will post me results over the next few weeks.
penny
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  #2  
Old 20-04-2009, 00:26
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I purchased megadroid till now it's ok so far doing 3 trades in the whole last week ending with a decent profit of 20 pips.
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  #3  
Old 20-04-2009, 01:28
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Default Had it since release..

Used it on demo first week then live. Traded well demo with no losses. With live it has made no trades! The owner said they are coming out with v1.1 to solve this problem with ECN broker.

It does not trade a lot in general only when all filters are positive. So don't expect a ton!
PT
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  #4  
Old 20-04-2009, 06:12
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Yes I got it too but not trade so far on live account.
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  #5  
Old 20-04-2009, 06:18
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I have been running MD on several demo MT4 platforms since it came out. No trades on any of them. I was advised to up the risk to 20 percent. I did this. Still no trades. If the new version is no better it's refund for me. Egwig
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  #6  
Old 20-04-2009, 16:09
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Default MD

If it's not trading at all that probably means the spread is too high. I had it as a demo on 4 accounts and it traded all of them some more than others all wins no losses. But again that is a demo account. My live account gave me an error when attempting to trade (fixed with update hopefully).

Reading reviews elsewhere people are having pretty good success with it.

Fish..
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  #7  
Old 27-04-2009, 00:18
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if MD is spread dependent... then I think it would less trade on interbank fx, because the spreads are continuely changing.
I used the "updated" version, but everytime I get an "invalid Account" error :-/ so what to do ?
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  #8  
Old 27-04-2009, 00:50
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I'm using on an FxPro.com account with no apparent problems. Three positive trades so far.
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  #9  
Old 27-04-2009, 01:37
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Default MegaDroid

I'm using for the 3rd week - I've had 4 successful trades.
No losers yet..Ill keep you posted.
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  #10  
Old 27-04-2009, 17:19
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Default MD

I got a successful trade (1) with new version with gallant (ECN) with new version so they fixed the ecn problem. I just wish my fapturbo would trade successfully like this. I had 2 huge drawdowns last week with Fapturbo. my account is in half now :mad:
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  #11  
Old 28-04-2009, 00:40
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Hi Tigerboy, I had the same problem, what I did is I reinstalled the Meta trader, so far I have 5 consecutive trades on live account, no loses. Some times maybe because of Internet problems I see message saying: authentication impossible, what I do just reload the EA, and it start working, I had also message saying that can not save the code, I sent an e-mail to the creators, and they said; that is a problem with the administrator of the PC, but it does not affect at all the trading, just if you have to load the EA again you have to put the code manually.

Good Trading to all
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  #12  
Old 04-05-2009, 15:26
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With the new update I am getting a few trades happening occasionally but no losers.

Egwig
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  #13  
Old 04-05-2009, 23:30
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I opened a thread in the Journal to record my weekly Megadroid progress in a live account.
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  #14  
Old 16-05-2009, 09:27
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Quote:
Originally Posted by penny View Post
Has anyone purchased Megadroid? Would like to know how its going.
I will post me results over the next few weeks.
penny
Hi Folks
Follow up on my Megadroid experience.
Now working well. No losing trades since version 1.1 started working.
Piced up a few extra pips by doing copycat trades.
So far so good!
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  #15  
Old 16-05-2009, 09:59
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Default rubbish

i've used both fapturbo and megadroid - complete waste of time (money!!) -
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  #16  
Old 16-05-2009, 23:10
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until now, I have only once lost trade, but I was thinking maybe because I restarted my computer 5 min before 2 pm Pacific Time, this week I had two trades is the same bar

Good Trading to all
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  #17  
Old 25-05-2009, 19:14
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I purchased it around its launch time, tested for one whole month, did not feel comfortable and cancelled my purchase.
During one month I received two updates from them.
The system is too slow or over cautious. even when there were simple strategies working I fount it dead for days. Had LOT selection problems also. Cutting long story short, I think the system is pre-mature and need more time to get matured.

FAP=Forrex Auto Pilot .. Rite? I tested this system also and finaly stuffed in Junk. I dont know about FAPTurbo.

My suggestion, if u r a patient trader, just simply use Heinkin Ashi, RSI, Pivots, and SlopeDirection on 30M, I am sure you wont have huge drawdawns. In Trending Market it will generate u at least one or two signals.

Good Luck.
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  #18  
Old 27-05-2009, 13:33
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Default Megadroid and Fap Turbo

Hi everyone. I started to demo trade both robots at the beginning of the month. Deposit $ 5000. Current Balance $ 5462.59. I'll keep you updated.
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  #19  
Old 01-06-2009, 12:05
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Default Megadroid and Fap Turbo

Finally my month ended with a balance of 5523.93 having started with 5000 at the beginning of may. Let's see what happens this month.
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  #20  
Old 01-06-2009, 17:46
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so far the MD is good but, not making big pips, but at lease does not have the draw down of FapTurbo
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  #21  
Old 05-06-2009, 08:12
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Default Mega Loss

I tried MD allong side my daily trades. It placed 11 trades, 10 profited around $250.00 while one lost $697.00
At the same time period, I place 23 manual trades profiting $6,386.00

I just requested a refund, I'm not too impressed with FAPTurbo either.
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  #22  
Old 15-06-2009, 22:00
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do you mean 10 trades @ $250 per trade or $250 total. And then completely wiped out by 600+ loss?
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  #23  
Old 05-08-2009, 04:03
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Default Megadroid

I have read that the FAP Turbo is better. A bit more expensive though.
Go to Forex Critic - Automated FX Robot Testing and read all the reviews.
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  #24  
Old 05-08-2009, 11:02
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Send a message via Yahoo to bernpa
Default MD

I've had Megadroid 1.11 on for almost four weeks and it has made two trades. Both trades took less than 1 hour to close! Total gain was 14 pips. I'm not impressed but I guess it's better than losing 14 pips!

Unless it picks up a little, I'm thinking it's refund time. I tried Fapturbo and got a refund within days of downloading it. The support was horrible/non-existant and the set up not exactly a walk in the park. Now, they're selling workshops/seminar on setting it up. Classical scam as far as I'm concerned. That's my two pips!

BP
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  #25  
Old 05-08-2009, 17:54
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Default iVYBOT

How about ivybot
anyone tried it yet.
They say it is different then other bot.
Of course they all are.lol
jim
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  #26  
Old 10-08-2009, 20:09
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I don't think that robots can do the job. Check out Forex Robots Competition Trading Real Money where they have a contest to see which one is best.
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  #27  
Old 12-08-2009, 14:17
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Default MegaDroid

Anyone have free versione of MegaDroid?
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  #28  
Old 13-08-2009, 21:39
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What is the pros and cons of Fap Turbo vs Forex Megadroid?
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  #29  
Old 15-08-2009, 19:50
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Quote:
Originally Posted by breeze View Post
Anyone have free versione of MegaDroid?
Megadroid will not work unless you have a clickbank order number to validate your account. In addition it records your IP address so more than one copy cannot be run at the same time. If you are a competent hacker and can bypass this protection, I'm sure many traders would be interested in your hack. If not, just spend $97 and buy the EA.
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  #30  
Old 19-08-2009, 11:21
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is fxpro safe i hear some folks cant get there money from them
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  #31  
Old 20-08-2009, 06:59
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Quote:
Originally Posted by SquareRoot View Post
Megadroid will not work unless you have a clickbank order number to validate your account. In addition it records your IP address so more than one copy cannot be run at the same time. If you are a competent hacker and can bypass this protection, I'm sure many traders would be interested in your hack. If not, just spend $97 and buy the EA.
Heh, how about saving his $97?
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  #32  
Old 20-08-2009, 17:00
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Quote:
Originally Posted by AshFX View Post
Heh, how about saving his $97?
That is another option.
I like using MD because it trades during hours that I normally cannot trade.
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  #33  
Old 23-08-2009, 17:33
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Default

Just received this email.


PipsLeader, reaching a total equity of 126.6% is the absolute winner,
followed by Forex MegaDroid. (in a robot trading competition)


Forex Trading Weekly Summary: Forex Markets & Forex Robots | Forex Robots Competition at Forex-Robots.com

Quote:
FOREX ROBOTS RESULTS

1st Place: PipsLeader
Current equity = $316.49
Last week equity growth = – 0.6%
All-contest equity growth (since June 1st, 2009) = + 26.6%

2nd Place: Megadroid
Current equity = $261.53
Last week equity growth = – 3.9%
All-contest equity growth (since June 1st, 2009) = + 4.6%

3rd Place: Forex Transformer
Current equity = $252.08
Last week equity growth = + 2.6%
All-contest equity growth (since June 1st, 2009) = + 0.8%

4th Place: PipZu
Current equity = $243.70
Last week equity growth = 0.0%
All-contest equity growth (since June 1st, 2009) = – 2.5%

5th Place: 10PipsPro
Current equity = $237.18
Last week equity growth = + 2.8%
All-contest equity growth (since June 1st, 2009) = – 5.1%

6th Place: FAPTurbo @ Alpari-UK
Current equity = $236.41
Last week equity growth = + 1.1%
All-contest equity growth (since June 1st, 2009) = – 5.4%

7th Place: Fractals 3
Current equity = $236.41
Last week equity growth = + 1.1%
All-contest equity growth (since June 1st, 2009) = – 5.4%

8th Place: Forex Funnel
Current equity = $179.88
Last week equity growth = + 3.2%
All-contest equity growth (since June 1st, 2009) = – 18.0%

9th Place: FAPTurbo @ OneCorpFX
Current equity = $89.24
Last week equity growth = 0%
All-contest equity growth (since June 1st, 2009) = – 64.3%

Last edited by Henry; 23-08-2009 at 18:11.
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  #34  
Old 01-09-2009, 02:07
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Default What about ADT with MD?

I've been hearing that Ben Cook's Advanced Droid Tactics is really worth the small $$ he's asking. Looks like it comes with good support and forum site like FapTurbo. I'm getting real close to getting in myself. Supposed to get Megadroid to trade 2x to 3x as much. I see squareroot is using ADT.
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  #35  
Old 01-09-2009, 02:22
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Default

Hi All

I don't believe EA's work.

If you can prove it ..post real results...over a minimun 60 day period.

Webster
E$P$
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  #36  
Old 02-09-2009, 02:43
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Thank you all about your information
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  #37  
Old 02-09-2009, 14:18
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Default Megadroid with ADT

Quote:
Originally Posted by wades-world View Post
I've been hearing that Ben Cook's Advanced Droid Tactics is really worth the small $$ he's asking. Looks like it comes with good support and forum site like FapTurbo. I'm getting real close to getting in myself. Supposed to get Megadroid to trade 2x to 3x as much. I see squareroot is using ADT.
I repurchased megadroid when ADT came out. My live results are posted in the Journals topic
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  #38  
Old 13-10-2009, 00:38
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interesting! I will try it!
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  #39  
Old 07-01-2010, 06:22
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Default Forex Robots

Megadroid are very effective in Forex Market and it is the best forex software today....

Forex Robots
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  #40  
Old 15-01-2010, 03:19
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Default Megadroid

Yes I too find Megadroid better than Fapturbo, which is although works well when markets are not risky, as you say makes big losses at, loosing any profits built up.

I like magadroid as it tends to avoid risky trades.

Rich
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