Review of the ForexMega Droid EA
Update (Aug 9th, 2010) – Forex MegaDroid 1.30 has officially been released.
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Megadroid | EURUSD – Some users report succes with other pairs like EURGBP, EURCHF, or EURJPY | H1 | Time-filtered scalping. | Yes | Yes | Dynamic | Dynamic | Forex MegaDroid |
Forex Megadroid Performance
License
Forex MegaDroid is sold through Clickbank.com and your copy of the EA will be tied to your receipt code so it won’t work without it.
Strategy
Forex Mega Droid is an asian scalper with horrible risk:reward ratio. It may win consistently for a few months, and then one loss comes along and wipes out all your profit. I don’t care how much fine tuning you think you can do with this, your broker will always be playing against you when your scalping, especially automated.
Recommended Brokers
Forex MegaDroid has worked best for us on FXOPen or IamFX brokers, but it will work on just about any broker out there with reasonable spreads during all hours of the day and night.
Conclusion
Forex MegaDroid used to be a good scalper, but a lot has changed in the past 5 years. I can no longer recommend this EA, it just isn’t profitable anymore.
If you have experience with Forex MegaDroid or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.
If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.
Ok guys lets get the ball rolling, discuss your Forex MegaDroid, strategies, thoughts, whatever…
Forex Megadroid Overall Rating
sir,
how can i order from you,my country doesnt support clickbank
Yes, we are looking for the optimized settings as well. How do I obtain that set file?
Fake thing
Only one trade loss 200$
but My Megadroid make only 2 or 3 trades in a month….. I noticed that your MD make a lot more, what settings are you using? I cant find them in the VIP section? non stop entertainment here at hindi-drama.com
Thanks for all your efforts that you have put in this. Very interesting information. keep
it up…….
No I ran my megadrone test straight through those years. tested to start each year Pipjet was beter. Megadrone got 2009 $1048, 2010 $359 2011 $292 .!999 on till 2009, $1,605,197. Pipjet had 3 million plus.
Deegames999, What is that Pipjet ?
While trying to download a trial of Forex Thor it said 5 digit brokers give better results than 4 digit like Profiforex. New results for Megadrone Aggres nonnfa 2009 $1048,2010 $1020, 2011 $1333, 2012 $14. in 2012 tradind stopped at 1/12 so I think there is a data error. Pipjet was better too now but megadrone is best of 2. t Gft forex 50 lev Us citizen. Do foreign clients & developers get better results? Their website is much better. I think @ 3 robots do better at myfxbook,unless I get the same thing, less profit.
I meant to say $300 left in the accountfrom $1000 not a $300 profit.
I didn’t like it. Backtested 2009-2012 $300 from a $1000 acct. Profoforex 500 margin. Eurusd. Other currencies couldn’t divide by 0 error. nonaggressive .05 risk. Default would crash. I find it similar to pipjet I wrote about, so won’t test it further.The backtests on their site look nice always up, although the last few years they started at high amounts not $5000 like erlierr years. But they never peaked. Mine were bad.
MD only for EURUSD , how to using it on other pair like forexfbi did ?
how do i get a copy of forex megadroid optimize settings
We use Megadroid on EUR/USD only as recommended by the author, and so far we have no losing trade.
If i may recommend to all to always activate the manual confirmation for all trades, and have a look at your chart before you say yes or no… If you are a bit of a real trader, you will detect bad trades on the fly and will keep away from loses…
I also recommend an EA named CaptnTrader which only gives audible signals on very precise entry points. Up to you to decide if you go or not. This EA permits you to trade any pairs, any time frame without always sitting in front of the computer… I personnaly use it to cue my trades for forexcue.com
can you share the link of CaptnTrader ?
Hello, can anyone please share the optimized Megadoid setting? Much appreciated. Thx
Hello Admin
I bought MD through FBI. Where can I get your settings? Tq
where can i get your md settings?
i was wondering about the megadroid setting you said you use that are better than stock?
@Admin,Pls I want 2 buy magadriod, pls give me your link to buy from. so i can gt settings from you. All any advice on this? I am unable to buy from Clickbank
Thanks for the great review, I’m loving this EA as well as forex hacked. Love your site too btw helps filter out a lot of garbage products.
With how much balance you started using ForexHacked?
hi ritolae i too now have megadroid and FH only just down loaded
looking fwd to it
you wouldnt know how i can get megadroid pro and also what are the settings they use on this site that are better than the originals.
What does the pro version have that the reg does not? From reading these comments I shouldn’t expect more than 3 – 4 trades a month? I have a valid clickbank receipt, how do I get the Pro version?
Hi Admin,
I also do not see any link to purchase the Megadroid other than the links to the official website. If I purchase from the official website, will you provide me with the optimized settings?
Hi Admin,
i had refresh the this page and check the home page but still cannot see megadroid purchase link , i want to purchase from you so that i can get the setting from you. Many thanks for your help.
There should be links throughout the entire post.
Do any robots work with a mac?
Finally got my hands on megadroid pro. Have started to try it on demo account with 4 currencies, and it is doing very well. Better than my Forex Hacked Account atm. will let it run for another 4 weeks before going live. does anyone know how much worse the results get when going live. I doubt they will stay this good.
Hi Nuwanda! Any updates on Megadroid? Thx
@Admin,Pls I want 2 buy magadriod, pls give me your link to buy from. so i can gt settings from you. All any advice on this?
Refresh the page and check the post.
Hi admin,
I just wondering on what broker’s platform you used this EA? Because from FXOpen site you can download MT4 platform 226 build and MegaDroid installation instruction states that you must use at least 229 build… Or it worked fine for you on older build on FXOpen MT4?
Admin
I have already just purchased Megadroid before i found this site – i wish i had found your site sooner but can you assist as i have followed the instructions provided and set up on a demo account in FinFX as per recommendation , it is geared for Eur/USD trading of which i have set up , trouble is its been running now for more than 48 hours and now trade have been activiated – can you share your settings and i can report on this site??
Hoping – Mark
Admin what broker are you using with megadroid? It’s demo or Live? Wich or whta is the diference with megadroid and megadriod pro?
Thanks
wow..my real account has finally got blown by Megadroid…from USD4000s to USD50 now.
minus few hundreds weeks ago
minus few thousands few weeks ago
minus another few hundreds couple weeks ago
blown up this week
i never expected it would be Megadroids that slaughters my account…..very bad period for trading EUR/USD and USD/JPY.. extremely viotile
Q. If you were using just the eur/usd, would this have happened? Curious to know, I only have it on the eur/usd and it’s going fine. I thought they recommended this pairing only. I see these guys (fbi) have it on multi currencies also but if you add up just the eur/usd on their stats it’s way ahead. Sorry to hear about your loss, I’ve had some rippers, hope things head up for you, Regards Rob
MD blew your account with which broker, pls?
How come does your Megadroid Pro trade on EUR/JPY pair? I think Megadroid Pro trade only for: EUR/USD, EUR/CHF, EUR/GBP, USD/CAD. And there is an error: “This currency is not supported!” when I attached this robot into EUR/JPY pair.
i have a megadroid v1.211 but only run in euro pair,is this possible to running megadroid in euro yen and how to optimized the setting,cause it only make a trade 2-4times in month,and my brooker is alapari.best regards andre
Hello admin.
I bought the MegaDroid thinking it was the 4 pairs.
How am I to show you the code to send me the MegaDroid pro version?
HoI will like to get a copy of your optimized settings for forex Megadriod. I have this EA but seldom use it . I have signed up in the VIP section and would like to know what to do to take advantage of this site.
Thanks
what about the settings you use with megadroid? may I use them to both MD and MD PRO???
ditto
Hi Admin, I hope you will repond to this comment. Do you have Megadroid running or MegaDroidPro?
@hatchsead
Mega droid pro. I will provide it to anyone that shows me a valid clickbank receipt code in order to support Mega Droid developers. Obviously for me to check if the receipt is valid it will have to be purchased under me, sorry.
Hello,
I just bought md through your link, and would like to get the md pro and the settings. How can I get them? Also, are the settings valid for 1.38 version? Thanks.
I’ve seen this robot years ago and now i want to buy it , your link is at the top of the page?
HOw do i get the forex megadroid ea since i cannot purchase from clinckbank as the name of my country was not included in the drop down list option.
Admin, I have bought Mega Droid because of your site it looks great. How do I get your settings/ Mega droid pro. Thank you for this informative site.
Yes I was wondering the same actually…
Hello, My Megadroid make only 2 or 3 trades in a month….. I noticed that your MD make a lot more, what settings are you using? I cant find them in the VIP section.
Hi Admin, please where could i get your custom settings for megadriod? It is not in the VIP section,
where can i get the optimized settings for megdroid.