15 days of no trade with this robot
Letās be patient now 
Mine is on aggresive mode right now after the fateful 26th april loss.
It should enter more trades this month compared to last monthā¦ i think
aggressive is the default, it makes no difference, its it only trades 2-4 a month.
What makes you think so?
Iām also waiting for a trade to be placed after the last losing one. I have to say all robots trade like sh1t this year. The marketās volatility has dropped to its record-low in three years: Forex Volatility (scroll down to the bottom of the page to see).
I do have my opinion on whatās going on. To me, it looks like the major market players have withdrawn from the playground in anticipation of something disastrous - such as Greeceās official bankruptcy and expulsion from the Eurozone. Take it for what it is.
Hi I donāt know. Does the recovery mode make MD enter more trades? or just with bigger lot sizes?
Iām just assuming it enters more trades.
Thanks for the link, great information there.
It only increases the lot size.
Good charts BHS, also I just noticed that Forex Vx is trending with both WTI and Brent Crude prices. Weāre seeing a global steady shift of liquidity out of the EZ. I donāt think itās going to any one place.
The big players are further diversifying.
The sovereigns are pimping their debt out like so many high end escorts to get liquidity in their direction.
The US fate of the election will hinge more of the make up of Congress than the WH as unless something extremely out of the blue happens, Obama will be reelected. Again, US fiscal policy is a big driver.
FX is in a cool down period and I think everyone is looking for a direction.
Now would be a good time to train up on oneās range trading skills because wereā gonna be in this funk till late summer as the US election draws nigh.
As for MD? Call it the little EA that could. Its gonna be a bumpy ride so cinch your seatbelts kiddies.
All this is just my opinionā¦
Are all those trades with MD only?!
you seem do be doing pretty well and get many more trades in than me
Yes, itās MD only.
What risk setting are you using ?
0.1 now but Iāve been changing it several times over the course of my trading.
The current situation is not a matter of the risk level used. Itās a matter of the current bad markets. [B]millerja01a[/B] thinks such markets will last all the way until the US fall elections and I tend to be in agreement with him. Well, unless Greece leaves the Eurozone before that time.
Hi bravehoststamps, all,
Thanks for a great and useful thread.
Cheers!
Just saw the official comments about current situation with Megadroid on their blog:
I canāt post the link so just visit: forex-megadroid.com/blog/ and find the post there.
Hi! I have tried this EA twice and it works great on Demo but it trades hardly once or twice in a week or so. this EA is not a scalper and is not very profitable.
Why you think this EA is not a scalper?
Why is it important to trade more often?
MD has a lot of filters in it thatās why it trades rarely, but it has great accuracy.
This EA is a perfect example of a night scalper on the Asian session. And itās more profitable than all other commercial EAs out there. If youāre using a more profitable EA, let us know what it is.
This robot is a long term bot. Itās performance is measured in years, not weeks. It has the most consistent long term success of any 'bot in itās price range. There are plenty of wham bam bots out there but if you want consistency over the long term, this is your bot.
You have to commit and be patient. A lot like Forex trading in general.
Looks like EURUSD has a firm break to the downside. I had us in the sideways funk till Fall but this is a full no confidence vote on Greece and the EZ elections which look to be a mandate by the people to punish austerity.
Ride that trend babyā¦MD is quiet and rightly so.