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FPA Review Moderation Team, USA
| Rating: | No Rating
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| Date of Post: | 2009-03-29
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| Review: | We haven't tried the EA from Forex-MegaDroid.com. If you have let this forex robot trade your account for you, please leave a review below.
2009-03-31 Update: The FPA has begun a Performance Test of this EA on a demo account. Please click the "Forex Mega-Droid Demo" link in the upper left corner to see the results.
2009-07-17 Update: The previous demo test on an NFA registered broker was stopped due to potential problems with new NFA rules. The old test was going well, and the results can be found by clicking the drop down menu on the Performance Test page. |
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Tony, Australia
| Rating: | 
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| Date of Post: | 2010-03-04
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| Review: | This robot has been working well for me over the last nine months producing small profits, but lately it has been making losses and its last trade has wiped out all the profits its made plus some of my account, I don't no why so I have turned it off, there have been no updates for a long time maybe conditions have changed,maybe the developers are making more money being Affiliates by the amount of emails I get from them promoting other Robots and Software???? |
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manneke, middle east
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| Date of Post: | 2010-02-10
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| Review: | the risk is thoretical great, but performance is good and regular.
if you have patience and good money management this is a good trading tool |
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Mike, FL
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| Date of Post: | 2010-02-06
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| Review: | Best robot that has produced consistent results so far on live account for me. |
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Augustine, Malaysia
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| Date of Post: | 2010-01-22
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| Review: | I'm running Megadriod against a simple multiple time-frame EA that I've coded myself for the past 2 months. The results todate are simply flabbergasting!! Megadriod is only 6% up on my account in comparison to 230% up by my EA!!
So much for the hype Megadriod has generated. |
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Vassilis, Greece
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| Date of Post: | 2010-01-13
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| Review: | The robot is working for about 2 months now and is producing profits 3-4 times a week. I installed it on a VPS. This robot works during the Asian session only. It certainly paid for itself. |
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joy, kuala lumpur
| Rating: | No Rating
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| Date of Post: | 2010-01-05
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| Review: | I purchased megadroid mid week of december 09 and till to date still no trade takes place. Can someone share with me if this is common for this robot not trading for sometime? |
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Harvey, USA
| Rating: | No Rating
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| Date of Post: | 2009-12-29
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| Review: | For the first few mths I ran MegaDroid with several other robots and it took maybe 3 trades. On Dec 1, I dumped No Loss Robot (HAS Hedge Robot) and Megadroid immediately took more trades..so far 12 trades in Dec, 11 for winners with 1 loser, .So, if yr getting few trades with this robot, consider eliminating other robots u might be running on same MT4 platform(even other curr. pairs), esp if they are losers! There must be some conflicts with the settings. |
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Roy, Canada
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| Date of Post: | 2009-12-23
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| Review: | Like David, I agree this robot deserves a 5 star rating. I purchased this beaut in May and it has consistently made excellent trades using its system when the market conditions are right. I have run it on both default settings and on a risk setting of 0.3.
Congratulations to the developers and support team who produced an EA which will be an excellent tool to add to your arsenal.
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David, Australia
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| Date of Post: | 2009-11-29
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| Review: | I had to respond here as my experience with Megadroid is not supported by the bad reviews listed. I wiped out my account with FabTurbo. Have to admit the small losses lulled me into false sense of security and I upped the risk. But even so there was still quite a high percentage of significant losses and enough to keep the account going backwards.
With Megadroid some weeks have seen multiple trades, other weeks have seen only one trade. I think a couple of weeks I have had no trade. What I can say is that in just over three months Aug - Nov I have had only one trading loss and that was only 0.7 of a PIP. Better that every trade is a winner than more trades with loosers.
I am very happy with Megadroid, am trading with suggested default settings and am very happy. Only look in every few days to see how much I have made. These guys deserve a medal as they have delivered what FabTurbo could only promise. |
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