The Forex Megadroid Review You Need
June 25, 2009 by
This Forex Megadroid review takes a close look at the expert advisor software that claims it is “seeing into the immediate future with 95.82% accuracy”. Artificial intelligence is one thing – predicting the future is another. So how does the ‘droid measure up in practice? Can it really foretell the movements of the markets?
How It Works
Developed by John Grace and Albert Perrie from out of 38 years’ combined experience in the forex markets and launched in the spring of 2009, Forex Megadroid uses what is called ‘market adapting intelligence’ to make it flexible enough to achieve a high level of accuracy in a fluctuating market.
The criticism thrown at most automated forex software by many traders is that the robots can only make money if the markets are consistent. The old style of robot that was based on inflexible rules was not able to cope with major changes in the patterns of market fluctuations.
However, the new market adapting intelligence, as you might guess from the name, allows a new generation of forex robots to learn from these changing patterns so that they can adapt to a certain amount of inconsistency in the markets and refine their trading rules to fit. This gives your funds a much better chance of surviving when things become more than usually volatile.
Of course we are not talking about long term predictions. Forex Megadroid’s ‘reverse correlated time and price analysis’ (RCTPA) aims to predict market movements in the next 2 to 4 hours.
Results
At the time of writing, this EA has only been out for about 6 weeks so it is early days, but reports from users on the foreign exchange trading forums are very good. Many people are seeing 90% or more successful trades.
The bot needs to win 5 trades for every loss so a ratio of 90% will make good profits. Keep in mind though that this does not mean always 9 wins followed by 1 loss. You could have a couple of losses in short succession which will eat into gains and could frighten off beginners. Experienced traders know that losses are part of the game and you must be prepared for them.
In terms of percentage gains, users report 10% to 20% increase on live accounts over one month. That is a healthy profit.
Disadvantages
Users report that the Megadroid did not at first make as many trades as they expected. People were only seeing 3-4 trades a week. This meant that unless you wanted to risk large sums, you would not have a chance to make a lot of money in a short time, which many people starting out in forex want to do. So this was frustrating for many users.
However, a slow and steady approach is much more likely to lead to long term growth. If this software teaches beginners to look to the long term instead of trying to make a fortune overnight, it will be doing us all a service. So have patience while your bot is sitting there waiting to trade.
Anyway with the recent release of version 1.1, long gaps between trades do not seem to be so much of an issue and users are reporting up around 10-12 trades a week now.
Price
Given all that it does and the research and development that has gone into this, I was expecting it to cost more than the average forex robot. But it doesn’t. At the time of writing it is available for just $97 and even if you miss that price it is worth plenty more.
Guarantee – 100%
There is a 60 day 100% refund guarantee and you can claim this from the vendor Clickbank. You do not need to contact the product developers.
Forex Megadroid Review Summary – 5 stars
Automated forex software is constantly evolving but this one does genuinely seem to be the leader of a new generation. While there are others that use the same approach, Forex Megadroid seems to be getting the best results. With 60 days to play with it before you have to decide to return it or keep it, you can try it out without risk. Go for it.
I'm more worried about a president having experience and good character.
I'm more interested in a man who has already been on the right side of important issues before it was cool.
finanical advise……….lol………….
they will help u make a budget
they will help our redit score by helping u make a budget to pay uor payment
my honest opion is if u cant stick to a very tight budget dont go
Artificial Intelligence. It's a complicated movie.
braveheart
Forex Software Automatically Advices You When To Trade
there are lot of forex software out site. however, there maybe the one that you are looking for. (in my opinion)
Automatic Forex Trading Program Forex Software Strategy
It’s official… the boundaries of Forex Artificial Intelligence robot trading has been pushed forward. John Grace and Albert Perrie have produced the unthinkable: a Forex robot that sees into the immediate future (2-4 hours) with 95.82% Accuracy. And if you want to know what that means… how about: 330.20% NET profit for 2009 (a bit over 90 days) …over 100% per month. Albert and John have proven that IT IS possible to see into the immediate future with unheard of accuracy… they proved that anything and everything done in Forex until today is "the PAST".
Fx Trading Software – How to Use Automated Forex Software For Maximum Profits
I wouldn't recommend this, it's best to go with a strategy that continually posts its actual live trades in real time, and which also does NOT post any backtest results. Backtest results are bad because, they can be tweaked. What happens is each time a strategy has a big loss, the "seller" of the strategy will go back and modify the strategy a little to avoid that big loss. Thus they make it look better, and that's cheating. And beleive me, they do this.
But the strategies at the website which I'll post the link below in my sources, it doesn't allow people to post backtest results. They have to trade in their account one trade at a time, and build their history one trade at a time in real time. This is much safer because they can't go back and ever edit what happened.
Anyway check our my link below to see this service. It does pay sellers to post their strategies, but it is more secure for you as a buyer because (a) seller's accounts are audited by the website to ensure that they are placing real trades and not sending backtest results that might had the benefit of hindsight, and (b) real users are there who post comments and ratings, and (c) you can search and sort through the strategies to find ones you like, and (d) it works with many brokers, including FXCM (in fact, FXCM is the biggest broker for the Forex, and FXCM has a page on FXCM.com which allows you to connect your broker account directly to this service – which means that FXCM recognizes that htis isn't a "scam", otherwise they wouldn't be supporting it like this).
Awesome, good, clean, spiritual fun….
Blessings to you !!!
was that way – for years.)
And.. time is proving (to me anyway) that Homer Simpson should have been sold an appliance (not an artificial intelligence) as that's how he thinks of his PC and smart phone. (And an appliance could show us as many ads as a PC does — the whole point of letting us on the web in the first place.)]]>
the arrows that you are seeing are from my own expert advisor,,a software that works on metastock,when you get rt/eod data.you can add bhhom2tika on ym ,to discuss further.]]>