Forex MegaDroid

Any chance we can see a copy of your trading statement for analysis?

Upgraded to 1.30 after its release.

bravehoststamps for your quick answer. In my opinion MD will be back with v.1.21 and v.1.30. I donĀ“t think the developers will trash their great product so the real thing what is goin on within 'August and September is because they are bad months for stocks ( every stock trader knows this) and this will be the same for forex tradingā€¦
anyway, time will tell and I think he will soon proceed as before, as I mentioned within one of my past postings, just wait and reduce your risk for these monthsā€¦ my opinion and
always good trading

I used to run the droid on my live account, but itā€™s R/R ratio is way out of whack ā€¦ it looses BIG when it looses and when it wins it often only gets 1 pip after a huge drawdown. You get better odds playing red / black on the roulette wheel. Check these results. Down 30+% in both August and September, down 60% in 2 months.

The droid may be fine for some, but it sure isnā€™t fine for me.

but your chart does not looks like MDs chart because within yours there are trades MD never did when you followed this and other thread. So what is it???

Which broker are you with?

Thatā€™s what I also noticed. Does not look like a Megadroid statement at all.

made 5pips last night with v.1.30 at LightForex. Aggressive true, NFA false and recovery false. Anybody else?
Bravehoststamps, saw yours tooā€¦
always good trading

I got same 5 pips trade on v1.30 using IBFX demo (sell @ 1.28814); Aggressive True, NFA False, Recovery Trueā€¦

v1.21 on 2 live accounts = Nothing

same here with the same settings - I am just running 1.30 at the moment live , lot and risk sizes are low - will see how things go over the next month or so ,

cheers

I got 13 pips with v1.30 using FXOpen Live account - Aggressive True, NFA False, Recovery False, Risk 0.5

7515609 2010.09.13 23:38 sell 0.18 eurusd 1.2882 1.2944 1.2872 2010.09.14 00:56 1.2876 0.00 0.00 -0.27 10.80

7516074 2010.09.14 00:04 sell 0.16 eurusd 1.2883 1.2945 1.2868 2010.09.14 01:06 1.2876 0.00 0.00 0.00 11.20

Yep, got the same with FXPro: FxPro_MD System | Myfxbook

:slight_smile:

I have to agree with magicpips here. Looks like they silently shut down version 1.21, since it didnā€™t trade for the last 3 weeks.
And Iā€™m not letting version 1.3 go crazy on my large money account, iā€™ll setup a demo for it and see how things go the next couple months. But I guess itā€™s over with Megadroid for me.

The only thing that Iā€™m wondering about is; Why? Why would the MD team destroy a perfectly good EA?
They know Megadroid traded so good because it only traded on those specific times, when the market was silent. And they know changing these time settings will create totally different results ( they even put it in the manual: Do not mess with the GMT settings! ).
After hearing stories about that they put in a trade delay so the creators could get the trades first, I guess the userbase got to big and they didnā€™t want to share their EA anymore. But thatā€™s just my guess.

I know Bravehoststamps knows why, but heā€™s not gonna tell me because he works for MD and is only here ( and on the other 10 forums ) to calm things down, trieing to increase sales.

Maybe TheProTrader got something to say about this?

LOL. My initial goal when I started posting my Megadroid results on forums over a year ago was to disprove all those skeptics who were screaming scam without ever getting scammed with this robot. Your ā€œguessā€ is truly laughable - just like those scam screams from over a year ago.

I did upgrade to version 1.30 on my FXPro account right after it was released and it didnā€™t blow my balance. MD sure takes some losing trades every once in while but they are far compensated by multiple wins, which brings the accountā€™s total to a superprofit.

Yet I am somewhat even thankful for all these MD ā€œconspiracy theoriesā€ that periodically pop up here and there on the forums. Hardly anything entertains me so much on the web as they do. :smiley:

Yeah, ā€˜LOLā€™. Iā€™m not even gonna post all my reasons why you are work for the MD team. Because I think itā€™s obvious when at some time Megadroid has YOUR results all up-to-date on their main page, while you stopped updating your results on myfxbook a couple weeks before that.
But hey, go on reply, call it bullsht, and trick some readers into buying megadroid. After all, thatā€™s your job.

Yes ofcourse my guess is ā€œtruly laughableā€. Itā€™s not at all the exact same thing what happend to Fapturbo. Which ofcourse doesnā€™t look exactly like Megadroid. And ofcourse is not made and promoted by the MD team.

I thought you were more intelligent than you actually appear. As for that ATC account, the MD team contacted me (itā€™s not too hard, as you might have figured) and asked me to sell it to them for a price bigger than its balance - they intended to use it later for their website which they do now.

Thereā€™s no need for me or anyone else to trick readers into buying Megadroid - simply because it comes with a 60-day unconditional full refund guarantee enforced by ClickBank.

Sure they paid +50k for a demo account, how stupid you think I am? Donā€™t tell me itā€™s isnā€™t because it never showed swap, you never cared to verify. And I wasnā€™t the only one who noticed. Globalprofits, a reputable member from MMG also called you out on it and you never verified.

And if there no need for tricking people into buying MD, why are you spending your free time on forums like these; Streaming live statements for Forex MegaDroid EA - Forex Forum - FXstreet.com
Donā€™t tell me itā€™s to convince skeptics, because 99% of these posts are yours.

I thought this is a forum for users. And I think most of the users within are users, using. So here we use MD for trading. And most users should know MDĀ“s trading behaviour. And most users should know that it is ALWAYS possible to have bad trades. And that the most bad one will have up to 150pips loss. So whats all about? Everyone knows heĀ“s a scalper. Everyone knows that the risk/reward is bad. And everyone knows about his ability to recover. And nobody knows future results. And this why trading is ALWAYS RISKY. If you trade manually or with an EA. Ya, MD had bad losses within August, but PT told everybody to slow down that month. Nobody screamed when MD made pip to pip gain, some guys mentioned losses could be soon comin (end of July). And yes, why should they destroy their EA? I think they do not really need the money they get for selling MD. So ask yourself, do you really ready for trading? If you are nervous open an trade manually because of an potential loss, leave this aloneā€¦ donĀ“t trade. If you are afraid of driving a car because of an accident could appear to you, leave the car and travel by bus. There is a risk within anything we do, but we should have learned to handle things our way to be on the safest way. Too much risk will bring bigger accidents, less risk takes a bit longer in life but this is a lot saferā€¦ even the proĀ“s do never know the right hand side of an chartā€¦

Pretty brutally, to be honest.

Why would I?

P.S. Care to contact ATC and ask them for a swap-free account for your 50K. I bet you will be offered it in no time.

I have an 80k account with atc and still have to pay swap, so just stop bsā€™ing.