Forex MegaDroid

[Tuner]

Scalpa sucks, I trashed it along with the bot it came with. I kept AccuScalper (MD’s EURCHF bot), that is amazing. Trades a little more than MD, produces roughly the same results.

Ya… Scalpa got one more week for me… then I will trash it as well.
Didn’t get the AccuScalper (think I didn’t read that mail… hehe)
… But I wonder how it works on the EUR/CHF.
as this used to be not a very volatile pair. Sure the last months it was. So can work out.
So it trades during the day as well… or same trading hour

[Ati]

So it trades during the day as well… or same trading hour

Same hours as MD. Same method as MD: if trade goes against it, tries to go for breakeven, if it can’t, it just closes the trade after a while.

I’m not sure how customized it is for this pair, but works fine now.

[WendyL]

A quick 9 pips profit today

Edit:
Another short trade going on on!

[zorba]

0.00004 for me. I was so excited when I saw two trades. At least they closed up. :rolleyes:

[Dono]

My first trade missed the TP so stayed open so long it missed the second trade. Ended up with 2 pips profit. :o

[WendyL]

The second trade I was going to close it manually at around 6 pips profit but then it bounced up :mad: … ended up setting the SL at breakeven so no $ from the second trade.

[Ati]

The second trade I was going to close it manually at around 6 pips profit but then it bounced up :mad: … ended up setting the SL at breakeven so no $ from the second trade.

It wasn’t a loser. There’s always a next trade.

[witsnpips]

Hey there…

Think you guys also got the next “special offer” from the MegaDroid-guys.
“Forex Maximizer”
Promising another free give-away if you buy it… MegaDroidPro Edition.

I don’t understand why the MD-guys keep on advertising for other bots and give one of their own ones as bonus if you buy it.

Just as the last time with the offer for “Forex Magic Bullet” the free give-away seems worth more then the actual product you buy.

The site just shows some statements from the bot.
(Not live-forward testing result as MD had it)
Forex Maximizer

…does not convince me that this is a profitable and consistant bot.

Anyone considering buying that? :rolleyes:
The MegaDroid Pro (= MD trading on 3 pairs) alone would be more interesting.

But the way they are “selling” it is just strange to me…
Any thoughts on that?

Tuner

because none of their robots work so they think if they offer more they’ll get more sales.

[Baggers]

Set up MD with a Alpari Uk demo account at the weekened.

Tuesday: 6 trades (1 loss)
Wednesday: 6 trades (all wins)

Very very very impressed.

[zorba]

Set up MD with a Alpari Uk demo account at the weekened.

Tuesday: 6 trades (1 loss)
Wednesday: 6 trades (all wins)

Very very very impressed.

Multiple timeframes?

[richhope]

Please could you post your settings . I never get to get more than 1 trade per day , even sometime 3 per week

Set up MD with a Alpari Uk demo account at the weekened.

Tuesday: 6 trades (1 loss)
Wednesday: 6 trades (all wins)

Very very very impressed.

[WendyL]

Megadroid is crazy this month. A trade again! Short one tonight 150pips TP and ~700pips SL. Sick entry point, exactly at the highest.

Edit:

Closed a trade manually again! I’m satisfied with 11.5pips profit Don’t wanna end up break even. But my actions are usually wrong so it’ll prolly hit the original 15pips profit

Edit2:
Yes it hit TP after some trouble… but I think MD would have closed it earlier …

[Pietpatat]

Looks like Megadroid is making money again.
Unfortunately I had some VPS trouble the last days, so no trades for me.

[WendyL]

Wow I didn’t even know it depends on the leverage. I don’t even know what leverage I got lol I’m a complete noob :P. I remember when I had $1000 the lotsize was 0.24 so 10pipis profit would give $24. So I dont fit in the 50 and 100 leverage But I think my leverage is 100…not sure.

Here is some MD Risk figures:

EUR\USD  Rate:	1.2759		
GBP\EUR Rate	1.1529		
Stop Loss	50		
One Pip:	0.0001		
Leverage	50		
Account Size	100000		
			
MD Risk Level	Risk  % Per Trade	Profit per 10 pip	Profit As Percentage of Account Balance
			
1	22.58993652	4517.987303	4.517987303
0.9	20.33094286	4066.188573	4.066188573
0.8	18.07194921	3614.389842	3.614389842
0.7	15.81295556	3162.591112	3.162591112
0.6	13.55396191	2710.792382	2.710792382
0.5	11.29496826	2258.993652	2.258993652
0.4	9.035974606	1807.194921	1.807194921
0.3	6.776980955	1355.396191	1.355396191
0.2	4.517987303	903.5974606	0.903597461
0.1	2.258993652	451.7987303	0.45179873
0	0	0	0

EUR\USD  Rate:	1.2759					
GBP\EUR Rate	1.1529					
Stop Loss	50					
One Pip:	0.0001					
Leverage	100					
Account Size	100000					
						
MD Risk Level	Risk  % Per Trade	Profit per 10 pip	Profit As Percentage of Account Balance			
						
1	45.17987303	9035.974606	9.035974606			
0.9	40.66188573	8132.377146	8.132377146			
0.8	36.14389842	7228.779685	7.228779685			
0.7	31.62591112	6325.182224	6.325182224			
0.6	27.10792382	5421.584764	5.421584764			
0.5	22.58993652	4517.987303	4.517987303			
0.4	18.07194921	3614.389842	3.614389842			
0.3	13.55396191	2710.792382	2.710792382			
0.2	9.035974606	1807.194921	1.807194921			
0.1	4.517987303	903.5974606	0.903597461			
0	0	0	0			

[WendyL]

Looks like Megadroid is making money again.
Unfortunately I had some VPS trouble the last days, so no trades for me.

Yeah I’m up 33pips this week. I thought the idea with VPS is stability? How come you have trouble with it?

[Pietpatat]

Yeah I’m up 33pips this week. I thought the idea with VPS is stability? How come you have trouble with it?

It’s the first time I have trouble with it. A week ago all my MT4 instances crashed ( maybe I had too many mt4’s running ). But I don’t check my VPS very often anymore, so I just noticed this a couple hours ago and restarted everything. Such a pain to miss out on 33 pips.

[Dono]

Only 3 trades this week for me (from the sounds of it some people had up to 5), which I can’t complain about as we all know MD can be quieter…Still 29.1 pips for me.

[zorba]

TP for me too. 12 pips ish. Couldn’t be more pleased.

Isn’t this where MD drops the ball?

[witsnpips]

anyone can make an EA with low TP and massive SL, and you’re mathematically guaranteed to get so many more winners compared to losses over the long term.

[Doom_Lord]

Wow I didn’t even know it depends on the leverage. I don’t even know what leverage I got lol I’m a complete noob :P. I remember when I had $1000 the lotsize was 0.24 so 10pipis profit would give $24. So I dont fit in the 50 and 100 leverage But I think my leverage is 100…not sure.

That would mean your MD Risk level is set to 3 according to my calculations?