Forex MegaDroid ReviewReviewer: Michael Jones Automated Forex Trading Software Reviewed: Forex MegaDroid Rating: Forex MegaDroid Review Forex Megadroid is a Metatrader expert advisor released on 31st March 2009. It was created by Albert Perrie and John Grace, who have a combined 38 years of forex trading experience and claims to be able to quadruple your deposit easily. For those not familiar with what a Metatrader expert advisor is, it’s a piece of software that integrates with a Metatrader 4 online forex trading platform that automatically places trades for you. In other words, you don’t need to know anything about forex, just run the software and let it do its magic! Official Forex MegaDroid Website >> But does Forex Megadroid live up to its claims? We put it to the test. The download and installation was really simple and the documentation easy to understand, with step by step instructions on how to install the software. The creators have made installing Forex Megadroid really idiot proof with screenshots for every installation step provided. Configuration was easy. I just left it on the default settings of 0.1 risk and aggressive trading and the only thing I needed to do was to enter my receipt number to verify that I’m using a legit copy of the software. Now for the actual trading. Forex Megadroid currently only trades EUR/USD. Initially I was rather disappointed when I didn’t receive a single trade for more than 5 hours. I wrote an email to tech support and received a prompt response that that Forex Megadroid only trades when the conditions are absolutely safe and that sometimes it can go 1 or 2 days without a trade. Finally, on the 2nd day I received a trade for a profit of nearly $150! Subsequently they profits keep coming in, with Forex Megadroid making nearly 1 trade (successful) a day. What makes this fantastic software so different from the other automated forex software out there is that it makes use of Reverse Correlated Time & Price Analysis strategy, which allows it to predict what happens in the market in the next 2 – 4 hours. This has given Forex Megadroid 95.82% accuracy in every market condition. The software has been back tested with historical data starting from 2001 and is still trading profitably today. In fact, it has made 340.33% in 91 days in 2009! For those familiar with other automated forex software out there is that they usually produce results at the beginning, but forex brokers out there gradually realise what’s going on and take measures against these robots by increasing the spread. Then you start to see your profits dwindle and losses start to creep in. Forex Megadroid is the only Metatrader expert advisor so far that comes with a stealth mode. This means that it’s almost impossible for your forex broker to detect as it doesn’t trade at a fixed time everyday. And finally my favourite part of Forex Megadroid is that it only trades when conditions are absolutely perfect. What this means is that unlike other automated forex software out there that places 10 trades (or more) a day, Forex Megadroid monitors the market silently in the background and quickly moves in for the kill when it sees a profit making opportunity. Experienced forex traders will always tell you that it’s not the number of trades you make, but the quality of them, and Forex Megadroid certainly delivers on quality. Verdict Forex Megadroid is possibly the best automated forex software ever created. It has everything you need, a cautious trading strategy that protects your capital and only trades with a high degree of accuracy (95.82%!!), a stealth mode that prevents it from being detected by unhappy brokers, it trades with a stop loss so you don’t lose much when a trade goes wrong (very rarely), you get to choose your risk level, and best of all, it comes with a 60 day money back guarantee! If you’re still sceptical, I suggest you try Forex Megadroid on a demo account, prove to yourself that it works and move on to a live account. You have 60 days to test, what are you waiting for? Actual Customer Feedback Well there is not a bad thing i can say about this robot so far. I have had 6 trades since going live for 6 winners. I keep waiting on that first loss but so far it has not arrived. I am using all defult settings with a risk factor set at 5%! If this keeps up then i will make a heap of money. - portion of actual customer feedback from pipcop.com This forex robot is performing better than I expected. It seems that its slow picky trading style is working! - portion of actual customer feedback from talkgold.com What a great day, picked my son and wife up from Hospital and he is on the mend and Forex MegaDroid had already taken 2 winning trades...My Live account took 2 winning trades, $47.81 and $49.10 which brings Forex MegaDroid's stats for this week to 3 winning trades for $143 profit so if you combine that with my manual trading i am up $496 so far this week. - portion of actual customer feedback from moneymakergroup.com In a nutshell Pros: - RCTPA technology with 95.82% accuracy - Stealth mode, undetectable by brokers - Careful trading style - Easy download and installation - Excellent helpdesk support Cons: - Only trades EUR/USD Price $97 Return Policy 60 day full money back guarantee
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