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
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.
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.
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.
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