Forex MegaDroid

[gr41]

@simpletrades

its not a recovery thing, and forex.com, iamfx are doing it fine.
I reset everything on gallant, made sure livetrading is checked which it wasnt that first hour etc… and its been 90 min since and still no trades, but forex.com with the same settings has made over a dozen trades with megadroid.

i wanted gallant because they now have a deal with a friend’s forum as of yesterday for tight spreads, but who cares about spreads if there arent any ways to use them by entering. i’ll give gallant until the market breaks and reopens with new zealand tonite.

Its still about an hr befroe Megadroid will be doing any trading. It shouldnt have traded today yet! about 6 pm eastern time in the USA is when it trades. and only then for about 2 hrs. LAst month MD skipped a 2 full weeks before trading again. Best of luck.

Garry

[Tuner]

quick 10 pip trade tonight for me (FxPro)
Sell 1.23750 --> TP 1.23650

AlpariUK cashed in a 9 pip short trade. That month was pretty impressing.

[simpletrades]

Its still about an hr befroe Megadroid will be doing any trading. It shouldnt have traded today yet! about 6 pm eastern time in the USA is when it trades. and only then for about 2 hrs. LAst month MD skipped a 2 full weeks before trading again. Best of luck.

Garry

i force my settings to trade–how else do i know if its set up to trade or still unconnected somehow.

[Tuner]

don’t rely on this robot making u money forever…

maybe not forever… but ended in constant profits on wendy’s account for the last 9 months in a row now.
Talking for myself I started beginning of Feb this year. after 6 winners I directly got a SL taking all the profits.
But recovered and the last 3 months in the green now.
(Even with closing it down sometimes, or going in manually as I wasn’t sure MD can handle the current market conditions)
Up 34% now since I started. I will not complain for now.
The next SL will come for sure some day (after a long run of winners now).
But nothing that could wipe my account.

[Pietpatat]

quick 10 pip trade tonight for me (FxPro)
Sell 1.23750 --> TP 1.23650

AlpariUK cashed in a 9 pip short trade. That month was pretty impressing.

Amazing indeed, 68 pips for me this month.
Wow wendy 4 trades this night?

[WendyL]

Amazing indeed, 68 pips for me this month.
Wow wendy 4 trades this night?

Haha no I messed up with the manual trades. I had reduced my risk to 0.1 so I’m gonna add the additional 0.2risk if I see a normal trade i.e. a trade with 50pips SL. Last night I did it while playing poker so I messed things up A fast 9pips profit a while ago… didn’t watch so couldn’t trade manually with it What a sick month … it even trade today, “the end of the month”.

[WendyL]

I’m using Megadroid on a demo account. Is there any reason why the Megadroid never goes above 1 lot? I can try to manually set it, but I never get more than a full lot. It seems like you’re missing out on exponential gain with this limitation.

It does go above 1

[WendyL]

A long trade now 150pips SL…

Edit:
Closed manually

[Tuner]

A long trade now 150pips SL…

Edit:
Closed manually

So did I…but would have been another TP trade… :o
Pietpatat took it as I’ve seen.
But thise 150 SL are always a bit frightening (especially when we are on a swing high) so…never mind…
gonna quit watching my MD trade soon. I always cut the winners when I intervene… hehe

[WendyL]

So true!! I missed like $180 today would have been more than 30%+ this month.

Someone make a bot fast that reduces the risk to 0.1 when the SL is 150pips so I can use 0.3 risk again!

[saintetienne]

Morning/evening All ,

What are preferences re stealth mode ? , I have traded with it on and off - cant really see a lot of difference in results , I am aware of what it is supposed to do but cant see any effects either way ,

cheers

[adriaanallers]

Morning/evening All ,

What are preferences re stealth mode ? , I have traded with it on and off - cant really see a lot of difference in results , I am aware of what it is supposed to do but cant see any effects either way ,

cheers

Hi Etienne, I understand that it is Megadroid’s way of hiding the trade details from other “BIG Brother” brokers. So if the whole Megadroid team is trading “visably” without stealth mode our “compitition” will be able to play “against” us.

[saintetienne]

Hi Etienne, I understand that it is Megadroid’s way of hiding the trade details from other “BIG Brother” brokers. So if the whole Megadroid team is trading “visably” without stealth mode our “compitition” will be able to play “against” us.

Cheers Adrian - mine will stay on !

[Ati]

Morning/evening All ,

What are preferences re stealth mode ? , I have traded with it on and off - cant really see a lot of difference in results , I am aware of what it is supposed to do but cant see any effects either way ,

cheers

The results will be the same, the only difference is the set takeprofit and stoploss limit. With stealth OFF, you have insave stoplosses of 150 pips or so. If your Internet-connection dies for some reason, and you hit this stoploss, you lose LOTS of money.

With stealth ON, the stoploss is set even further away, and in case of net problems, you lose even more money.

[Ati]

Someone make a bot fast that reduces the risk to 0.1 when the SL is 150pips so I can use 0.3 risk again!

Unfortunately you can’t change the position size AFTER the trade has been placed. (Well, you can by immediately closing two thirds of the trade, but that will immediately give you a small loss.) And you don’t know if the 150-pip SL will be used or not.

Or… do you? There’s an “agressive” setting in MD. Does anyone have experiences with that? Maybe that means the 150-pip-SL trades? I’m not sure.

[Doom_Lord]

Unfortunately you can’t change the position size AFTER the trade has been placed. (Well, you can by immediately closing two thirds of the trade, but that will immediately give you a small loss.) And you don’t know if the 150-pip SL will be used or not.

Or… do you? There’s an “agressive” setting in MD. Does anyone have experiences with that? Maybe that means the 150-pip-SL trades? I’m not sure.

This is a good idea and I might be able to do this.

Perhaps a sliding scale

A section with:

When SL =

0-50 Risk = Your Custom Risk Here

51-100 Risk = Your Custom Risk Here

101-150 Risk = Your Custom Risk Here

>151 Risk = Your Custom Risk Here

[WendyL]

I’m not sure what the aggressive setting do. I think if you disable it it will not try to go for the 15pips, only those smaller 8-10pips TP. But then even if it’s going for 8pips it can have a 150SL so it doesn’t help.

[BobLoblaw]

CloveriX has much better trading approach and money management, but unfortunately EA has a lot of logical bugs:

• it doesn’t work by 5-digit brokers.
• if you set some SL, only loses are coming out.
• some bugs with TP
  I found decompiled ex4 file and will try to fix bugs myself.
  Cloverix support isn’t able to take a deal with this
  I like:

1. EURCHF is more flat then any other pair at this time.
2. Backtested works fine with 20 pips SL and 5 pips profit (80% wins)
3. At least dynamic TP (may be SL, too)
4. Performs 2-5 trades per session.
   I will continue with CloveriX in other thread.

But Wait a minute???, I am currently using CloveriX with a 5 digit broker. Explain please…

[Pietpatat]

Unfortunately you can’t change the position size AFTER the trade has been placed. (Well, you can by immediately closing two thirds of the trade, but that will immediately give you a small loss.) And you don’t know if the 150-pip SL will be used or not.

Or… do you? There’s an “agressive” setting in MD. Does anyone have experiences with that? Maybe that means the 150-pip-SL trades? I’m not sure.

I have no idea if this can work, but was thinking about something like this:
Disable: Allow live trading
Enable: Ask for manual confirmation
So everytime MD wants to open a trade you will get a message like;
MD wants to open a trade with 50-150SL.

Now if another program takes this information and adjust the lot size according to the SL and opens the trades…

Oh and agressive setting means it allows 2 trades at the same time, it’s in the manual somewhere.

[Doom_Lord]

I have no idea if this can work, but was thinking about something like this:
Disable: Allow live trading
Enable: Ask for manual confirmation
So everytime MD wants to open a trade you will get a message like;
MD wants to open a trade with 50-150SL.

Now if another program takes this information and adjust the lot size according to the SL and opens the trades…

Oh and agressive setting means it allows 2 trades at the same time, it’s in the manual somewhere.

I have the MD code and I think I can add this functionality to it directly. I’ll give it a go and keep you posted.