Yeah … Just two trade in less than 2 hours … Big profit …
MD woke up tonight. It did a double trade on my ibfx account and a single trade on my forex account.
All wins…
Garry in Naples FL
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.
Hi, MD actually uses a 5 and 15 min time frame but those even more savy with the MD workings might set me straight lol.
Welcome to the forum.
Hi
2 trades, 2 wins for me last night on Alpari UK
Looking at the size of one of the stop losses it is certainly not a trade I would have ever taken manually- but then perhaps thats the advantage of a robot. It clearly knows what its doing!
Forgive the “newbie question”:
Looking at the lot size that was used on my trades and comparing it to my settings- MD has taken my “risk level” and that equates to the lot size used in the trade.
The lot size in the settings so far hasn’t borne any relevance to the trades it has taken.
Could someone help me with this please- a little puzzled that’s all. I know that Doom Lord’s Modidroid alters the lot size depending on the stop loss which is a great idea but as things stand with MD what does the “lot size” setting actually do?
Also, does anyone have any experience of trading +1 robot on the same account attached to a different pair/chart? I can’t potentially see any problem with this but just wondered if anyone else had any thoughts on it?
Thanks in advance for any replies- have a good weekend!
Mark
MD :Dhad trades on my demo accounts too…at last:
Alpari 10:24pm: long @ 1.25046 profit 189.60 (8 pips x 2.4 lots)
FXDD 10:24pm: long at 1.2505 profit 109.00 (10 pips x 1.09 lots)
FXCM…slept through the action!!!
I look in the Expert tab in the terminal window and i see a lot of these:
2010.07.01 17:01:47 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 43
Is this my broker restricting, or commentary from MD as to why they don’t trade? I emailed MD and they said ask your broker because they don’t know…I have increased the slippage, but still getting remarks frequently.
Sorry if this question has already been asked and answered, but 225 pages in this section is a lot to trawl back through.
I had 2 win trades yesterday also with MD. on Alpari and FXDD as well! Nice ones, both for more than 10 pips!
This message is usually just a spike in spread and MD reports on it, MD will still enter the trade within a period of time unless the spread stays above your settings or the price changes significantly while waiting for the spread to come back. These spikes might only last a second or two.
I’d suggest putting the spread/slippage back to 3 or you will be increasing your potential to lose.
I haven’t played with my settings for a long time but I think your lot settings are only taken into account if you set risk to “0”, then if you have 0.25 set in your lot size this is what will be traded.
I’m not sure what you mean by your second question but you can run any number of EA’s within a single account as long as they all have different Magic Numbers in their settings and are obviously on seperate charts (they can be on the same pair).
Missed all the action because I had my settings on Short trade only.
By the way Doom lord I get this errors on my demo: FFCAL Scoobs News indicator is disabled because no connection with broker. Maybe it helps to include that reconnect-ea?
+14% more over the past week, bringing the total account balance up to 226.8%: FxPro_MD System | Myfxbook
MD only works with the one pair. I tryed it and it doesnt recognize anything else.
Garry
That is correct. MD is a EURUSD robot. What really matters to me is the bot’s profitability and consistency, and not the number of the currency pairs it trades.
I have been running Megadroid Pro for 3 weeks now and the results are very good. The actual trades do not get close to the risk settings that I applied. I attach a snapshot of an ODS spreadsheet analysis of the risk that is involved with each trade.
I have set it at 50% risk.
Damn, looks pretty promising. I am tempted to buy this. Megadroid seemingly has been around for a logn time wondered what are the opinions on it and if any updates on latest versions esepcialyl after july
this is a scammers forum beware just check the first page big result with no md on mt4 it’s a magic trick
How much did they charge you for MD PRO? Does it trade more often than my standard MD Version? We wanna know more.
I have not attempted to scam anyone. Point me to the solicitation that you are refering to. I just posted my results.
Edit Or are you refering to the babypips.com forum in general??
I don’t remember the cost of MD Pro. What I have found is that it trades during the opening of the Asian session Tue through Friday.