I have just installed the megadroid a few days ago. I know it says it won’t trade on the last few days of the month - thats fine. Did anyone get a trade after midnight on the 31st?
I have the default settings, auto GMT. I also have 3 more EURUSD charts up with manual GMT offsets to try and get more trades.
I know MD can go for days without a trade, so I am not panicing, but as its my first EA, I would like to know if anyone gets a trade over the next few days just so I know it is installed correctly.
Hey… I purchased MD a few weeks ago, set it up on a live and demo accounts, one with default settings, and one tweaked for more trades. In 3 weeks, I got one trade, profitable… for $5 !
I just got it refunded today.
My FapTurbo with adjusted settings is up $1000 (on a $3000 demo account) after 1.5 weeks.
Megadroid is very slow at the moment. It’s not clear whether this is due to market conditions or the release of new versions by its publishers. But in any case it trades quite rarely - I think it averages about twice a week. For info, see the ‘Rate my software’ subforum.
I’ve been running Megadroid for almost a year. One of the reasons I bought it was it is a conservative piece of software, and was designed with the idea that the purchaser would be well capitalized. It could then do it’s scalping trick and take a few pips here and there with a high degree of success and produce significant funds. It must accumulate statistical data before it will do anything, so patience is necessary. My success rate is just over 81% wins, and I am well ahead in the game. I am running it with default settings, and risk at 2 (20%).
If I were to do anything to it at all I would adjust the ‘stop loss’ to a few less pips. That is, I would if I knew how. I’m leery of messing with it until I know all there is to know about it’s logic, and I’m not there yet.
My advice: Think long term, and practice careful money management.
Hey I trade with aggressive true, stealth false, risk 0.3 and recovery mode true.
There’s a bigger megadroid thread in BabyPips.com Forex Forum > Everything Else > Rate my Software we discuss in. If you’re going to use high risk setting like me I’d suggest the mod of megadroid that Doom_Lord has made called Modidroid. Check the other thread for more info.
Doom_Lord made a mod to set a fixed SL for Megadroid I think but it kinda failed. Normally SL’s are at 50-60 pips but sometimes around 150pips. It has never hit a SL at 15pips but if you used the mod you would have hit SL. So instead of adjusting the SL we adjust the lotsize/risk instead with Modidroid. So actually my risk settings are
I just got ModiDroid II from Doom_Lord and have just begun testing it. However, I can not find the settings you mention above. ?
The settings I can find are:
ARM_Risk_Per_trade
Strategy1_TP_Pips
Strategy2_TP_Pips
RecoveryRiskMultiplier
(plus a few boolean ones)
