I've been testing this robot for a month now on ODL and can't complain so far - you can view my live statement at MT4 Stats - Share your MetaTrader 4 Statements with the world . I'd be glad to take a glance at the results of its other users and hear their opinions about it. Please, be objective and honest.
jamestan1978
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thanks Alex for posting the stats, can i know what risk settings do you use?
The default minimum - 5%.
Just found this old thread of mine on MegaDroid. The reason I decided to check back on this robot was its real account statement I stumbled over on another forum: http://www.myfxbook.com/members/myfxbooktwo/atc-md/1773/4ceT8u4XMRVhAgr7ddlu . Are there any MegaDroid users here? Care to share your experience with this bot?
GammaJammer
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All these systems are a giant scam. Seriously, save your breath and stop searching for the free money. Learn about the markets and learn how to trade.
Or blow all your dough. Your choice.
Or blow all your dough. Your choice.
GammaJammer, have you suffered losses with MegaDroid? If so, care to post your stats? No pathos, please - pure results only.
salvadorveiga
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actually megadroid is the only one of those scammy EA's that I would put my money... i actually have a small account with it, it trades "slow" but is very effective...sometimes doesn't trade for a week or two. average seems to be 150 trades per year.
Could you, please, post your account statement here? You can use a free live stats publisher like MyFXBook.com for it. I would like to see as many statements from different people as I can to form my final opinion about MegaDroid.
GammaJammer
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Oh stop.
Trading Gurus
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Trading Gurus
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I enjoy a challenge who, so I'll do my best. How big's your bank? Can we see your equity curve? No links allowed!
As you can see, mine shows rather more than one stop loss. Unlike the Droid's sales page.
Like I said. Snake oil.
Jim
Alex411,
I've been using Megadroid since end of June. One losing trade only and was quickly recovered becasue it uses Martingale strategy. This is one robot that I will never return. Another one to consider is EB Turbo. I am running both. My account is up 40% so far.
I've been using Megadroid since end of June. One losing trade only and was quickly recovered becasue it uses Martingale strategy. This is one robot that I will never return. Another one to consider is EB Turbo. I am running both. My account is up 40% so far.
Trading Gurus
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Hi Swordfish,
Can we see your equity curve too? No links allowed remember.
Let me see if I've got this straight. "Albert and John's" sales page still says "No Losing Trade Since 20th March 2009!"
You guys now know from your own personal experience that "The Forex MegaDroid Team" are lying to you. Nonetheless you entrust their "robot" with your money, and you recommend that other people do the same?
I must be getting senile, because I'm afraid this makes no sense whatsoever to me. Instead I absent mindedly conclude it's just more snake oil.
"Only One Losing Trade Since End Of June 2009, which was quickly recovered!"
Jim
P.S. When was your "one losing trade" who?
Can we see your equity curve too? No links allowed remember.
Let me see if I've got this straight. "Albert and John's" sales page still says "No Losing Trade Since 20th March 2009!"
You guys now know from your own personal experience that "The Forex MegaDroid Team" are lying to you. Nonetheless you entrust their "robot" with your money, and you recommend that other people do the same?
I must be getting senile, because I'm afraid this makes no sense whatsoever to me. Instead I absent mindedly conclude it's just more snake oil.
"Only One Losing Trade Since End Of June 2009, which was quickly recovered!"
Jim
P.S. When was your "one losing trade" who?
The MegaDroid site is lying. I confirmed with many forward tester and Live traders that there were losses. My loss was on 2009.08.19. With the next trade, MegaDroid automatically double the bet and won back the loss quickly. If I give it a 90% accuracy, it is still a good robot. My equity curve is a mix of trades from many robots. Attached is the equity curve for this month. You see the dip recently around 63? That was the loss by Forex Cyclone when I was trying it out. Of course I'll get my money back. I also had a strem of winners by Equity Builder, but I am scared of this robot. He is on leve without pay. Now I have only two running - MegaDroid and EB Turbo. It's a matter of choice, my friend. I can offer you my experience, it's up to you to try or not to try. If you decide to try, always try with the money you can afford to lose. Who knows, one day i might get burn and lose all my money. But so far, they meet my expection.
Attachments
Trading Gurus
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Thanks very much for the info Swordfish. At least it seems we can agree on the fact that "The MegaDroid site is lying".
Unfortunately your equity curve isn't quite what I had in mind, since the trades the Droid made are not readily identifiable. Maybe Alex or who will be able to assist us in that regard?
For some reason best known to itself my copy of the Droid didn't trade on August 19th. It took a hell of a hit on the 13th though.
Jim
Trading Gurus
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Thanks for the suggestion Swordfish, but I think we've already established that you can't always believe everything you read on the internet.
I'll continue to do my own research, and keep my money in my pocket.
Jim
