Forex MegaDroid

[zorba]

Lol that site is strange. How the hell did the MD balance go from $250 on 1 Mars to $742 on 2 Mars.

I’m going to install the Alpari MT4 just so that I can read their live account - they publish the investor login if you’re a ‘member’. In fact the member login is the same for everyone, no username required.

EDIT - I’ve looked at the account and it looks like it has been used to test other bots but many of the MD trades look familiar. Excel time for me I think. Regarding the jump on 1st March, it sold @ 1.35696 23:27 and closed at 1.35596, 0.74 lots. The account does have aggressive, recovery, and GMT offset 2, with that crazy 0.75 risk.

[WendyL]

But it doesn’t give a profit of ~$500

[gr41]

I made $15 profit on Monday night…YAHOO… lol. ON my $300 account… still moving on up. Hows everyone elses Monday night?

[Ati]

I made $15 profit on Monday night…YAHOO… lol. ON my $300 account… still moving on up. Hows everyone elses Monday night?

$0.30 “profit” Monday night. How on earth did you get a $15 profit? :-o What are your risk settings?

[zorba]

But it doesn’t give a profit of ~$500

I will go and fetch the statement when I return home from the daily grind tonight.

[Tuner]

Had 0.1 pips on my Alpari and 0.6 on my FxPro… (where MD took the trade a lil later)
well, every green pip is welcome to me (If you consider how far this trade was in the reds…)
But sure hope for some “real” winning trades again soon

[WendyL]

Anyone trading? I see that Pietpatpat has a short trade open. My MD was sleeping though.

[Tuner]

Hi all…
Anyone had a trade tonight?

–expert log in Alpari-real account shows:

2010.03.09 23:06:42 MegaDroid EURUSD,H1: Strategy1: Safe spread limit exceeded: spread = 112
2010.03.09 23:06:42 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 112

–FxPro real account didn’t show anything (not trade, no log

– My Iam Fx- demoaccount just took a trade.
aiming for 15 pips but it turned around at +14 lol not struggeling at +5

[WendyL]

Got the same logs :eek:

[Ati]

Alpari UK live account: same log, no trade.

One quick question: does the trading window end now (in 12 mins), or an hour away (in 1 hour 12 mins)?

Thanks.

[Tuner]

Got the same logs :eek:

strange… means we had a spread of 11 !! pips at that time… or what is it telling us?

My Iam FX had a similar log… just before it placed the trade then
2010.03.09 22:59:54 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 73

some minutes later… it worked
2010.03.09 23:09:55 MegaDroid EURUSD,H1: open #7656213 sell 0.40 EURUSD at 1.36053 ok
2010.03.09 23:09:56 MegaDroid EURUSD,H1: modify #7656213 sell 0.40 EURUSD at 1.36053 sl: 1.36659 tp: 1.35903 ok

TP hasn’t been reached yet on that…

[WendyL]

lol someone should ask MD suppport… may be missing a good trade

[Doom_Lord]

FXDD Demo account took a short trade which is still open and my Alari Live account didn’t take one.

Shot trade closed for 2 pips profit.

[Ati]

No trade on Alpari UK Live tonight.

I’ve written to MD support asking about this strange log message.

[gr41]

$0.30 “profit” Monday night. How on earth did you get a $15 profit? :-o What are your risk settings?

My settings are set at 0.15. It bought .2 lots. I do have it set for recovery and aggressive, but I did make $15 the last 2 nights. So far, 8 wins, 1 lost ( at $40) so it has takend the week to come back to break even. But it had already recovered and this was a normal trade. This is only a $300 start up account.

garryh41 on Yahoo chat;)

Is anyone going to be making GMT time changes next sunday when the Clock springs forward? Im hoping my GMT on auto will keep me in the right time slot.

[zorba]

I got a trade on ODL last night:

2010.03.09 22:04:23 MegaDroid EURUSD,H1: <snip> sell <snip> EURUSD at 1.36010 sl: 1.36678 tp: 1.35470 ok
2010.03.10 00:30:13 MegaDroid EURUSD,H1: <snip> EURUSD at 1.36010 sl: 1.36678 tp: 1.35470 at price 1.36006

A pittance but better than a kick in the teeth.

[witsnpips]

I got a trade on ODL last night:

2010.03.09 22:04:23 MegaDroid EURUSD,H1: <snip> sell <snip> EURUSD at 1.36010 sl: 1.36678 tp: 1.35470 ok
2010.03.10 00:30:13 MegaDroid EURUSD,H1: <snip> EURUSD at 1.36010 sl: 1.36678 tp: 1.35470 at price 1.36006

A pittance but better than a kick in the teeth.

if i had to guess, a kick in the teeth is probably round the corner.

[andrisb7]

@zorba

I was just noseying around the interweb looking for any new info on MD. There’s a site called forex-robots.com (which you guys might already know) which has been running a live test. You can see it’s results on the page and it sounded really impressive. “Wow”, thought I, “I wonder if I can check out their settings?”. Anyway, if you sign up for free they let you see their settings. So I did, and MD’s risk setting was - wait for it - 0.75! :eek: :eek: :eek:
163% equity growth over 13 weeks sounded attractive but that is a serious bit of risk.

The site looks honest enough though.

I am using 80% risk, too. Consider 80% risk on 300 USD account is the same amount as 8% (0.08) on 3000 USD. And 163% on 300 USD gains the same amount as 16.3% on 3000 USD. I can’t see difference. We put some money comfortable for us into risky Forex market and take some profit or loss

[zorba]

I am using 80% risk, too. Consider 80% risk on 300 USD account is the same amount as 8% (0.08) on 3000 USD. And 163% on 300 USD gains the same amount as 16.3% on 3000 USD. I can’t see difference. We put some money comfortable for us into risky Forex market and take some profit or loss

You have a very good point from a cash growth perspective, but it would not be a fair display of the bots performance with decent risk management to say you made 163% instead of 16.3% without declaring the risk, no?

[zorba]

But it doesn’t give a profit of ~$500

Where do you see the $500? The account statement shows:

$74 on 1/3/10
$41.41 on 2/3/10