My experience with Megadroid
Good morning all. Im new here and thought I would share my Megadroid experience and settings.
I have been using MD since mid April, about 4 weeks. I started with FXCM-US and have added, IBFX and Alpari-UK all demo accounts. I have just funded FXCM UK and will go live next week.
I started running on a home laptop but have been running on ForexVPS for about three weeks using their UK servers smallest service which allows for two MT4s and Two EAs running simultaneously..../~$55/month. Their service is exceptional. If you are serious about this, I would reccomend them. Their US servers are $35/mo. I went with UK servers because I want to have UK accounts if possible for the protections that are apparently offered over there. I am US based
My plan is to live test FXCM UK on monday and then add Alpari live i n a week or two if all goes well.
So far I have had over 40 demo trades across the three brokers, the most with FXCM since they were the first, all profitable except three.
FXCM is +12%, Alpari is +15%. IBFX is new but all profitable.
On May 11, I had two very large back to back losses on FXCM but have since recovered. As others have reported, I believe this was due to discovering that I had a disconnect and I restarted during the trading session. This is when I went with Forex VPS. Stability and high speed connectivity are important. Both FXCM and Alpari run live with MD 2/7 on these servers and I make a habit of restarting the MT4s both on Sunday afternoon and resetting the magic numbers for the week.
I am running 0.1 on IBFX and FXCM and 0.2 on Alpari. All are aggressive, recovery on and no NFA. I see lot sizes of 0.7 on FXCM and ~1.4 on Alpari. So far IBFX is trading +2.0 lots or larger. FXCM and Alpari are $10,000 demo accounts. IBFX is $25,000 demo.
MD is trading once or twice Mon-Thurs each night and did not trade at all for the first two weeks which I believe was also an error
I am new to forex but these kind of results are simply amazing to me and I hope that live trading will be similar. One of the things that is most interesting is that MD seems to open trades I never would. on 5/19 MD went long and was in a significant loss for several hours but managed to recover and get out with a profit of a few pips on all three brokers. 5/19 looks like a possible turn in the EURUSD downtrend so MD may have been early. Whatever, it is impressive.
Good morning all. Im new here and thought I would share my Megadroid experience and settings.
I have been using MD since mid April, about 4 weeks. I started with FXCM-US and have added, IBFX and Alpari-UK all demo accounts. I have just funded FXCM UK and will go live next week.
I started running on a home laptop but have been running on ForexVPS for about three weeks using their UK servers smallest service which allows for two MT4s and Two EAs running simultaneously..../~$55/month. Their service is exceptional. If you are serious about this, I would reccomend them. Their US servers are $35/mo. I went with UK servers because I want to have UK accounts if possible for the protections that are apparently offered over there. I am US based
My plan is to live test FXCM UK on monday and then add Alpari live i n a week or two if all goes well.
So far I have had over 40 demo trades across the three brokers, the most with FXCM since they were the first, all profitable except three.
FXCM is +12%, Alpari is +15%. IBFX is new but all profitable.
On May 11, I had two very large back to back losses on FXCM but have since recovered. As others have reported, I believe this was due to discovering that I had a disconnect and I restarted during the trading session. This is when I went with Forex VPS. Stability and high speed connectivity are important. Both FXCM and Alpari run live with MD 2/7 on these servers and I make a habit of restarting the MT4s both on Sunday afternoon and resetting the magic numbers for the week.
I am running 0.1 on IBFX and FXCM and 0.2 on Alpari. All are aggressive, recovery on and no NFA. I see lot sizes of 0.7 on FXCM and ~1.4 on Alpari. So far IBFX is trading +2.0 lots or larger. FXCM and Alpari are $10,000 demo accounts. IBFX is $25,000 demo.
MD is trading once or twice Mon-Thurs each night and did not trade at all for the first two weeks which I believe was also an error
I am new to forex but these kind of results are simply amazing to me and I hope that live trading will be similar. One of the things that is most interesting is that MD seems to open trades I never would. on 5/19 MD went long and was in a significant loss for several hours but managed to recover and get out with a profit of a few pips on all three brokers. 5/19 looks like a possible turn in the EURUSD downtrend so MD may have been early. Whatever, it is impressive.
