An update from the Forex MegaDroid developers:
…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From a user perspective, the new version will be highly informative - the old “Waiting” & “Running” messages have been replaced by a whole sequence of comments which explain what is happening as the robot is running.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:
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.
Be especially aware that the MegaDroid robot does NOT trade on Fridays, at weekends or on Monday mornings.
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. …