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- Forex Megadroid Robot Review
Forex Megadroid Robot Review
| Type: | Automated Forex Robot | ![]() |
| Price: | $97.00 | |
| Website: | www.forexmegadroid.com | |
| Support: | ||
| Guarantee: | 60 Day | |
| Pairs Traded: | EUR/USD only | |
| Timeframe: | 1 hour | |
| Rating: |
Forex Megadroid Robot Review
Forex MegaDroid is an automated Forex trading robot, provided as an Expert Advisor for the Metatrader trading platform. It's developers claim over 38 years of combined Forex trading experience which they have drawn upon in the developement of this trading robot.
Forex MegaDroid uses a unique Reverse Correlated Time Analysis (RCTPA) Intelligence technology as part of its trade analysis algorithm. This attempts to determine market trends and optimal trade entries for the robot by comparing past and present market conditions. a It is claimed that the robot learns as it trades. Therefore over time the idea is that the accuracy of the robot in determining trade entries and exits will improve.
Using this unique approach, Forex Megadroid is claimed to deliver a trading accuracy of over 95.82%.
Key Points of Forex Megadroid
- Automated Forex trading robot (Expert Advisor)
- Trades the EURUSD on a 1 hour timeframe by default
- Robot can 'automatically' trade at any point in a 24 hour period.
- Easy 5 minute setup pledge to download and install making it ideal for beginners
- Uses a 'Scalping Strategy'
- Full Forex Megadroid settings included in the supplied manual
- Lifetime Email Support
Forex Megadroid Robot Review Summary
Forex Megadroid offers a straightforward setup and install, which is pretty much as the website promises. The supplied manual is both comprehensive and well laid out. Setup will be a breeze for any one who has used an EA previously. Even if you haven't the installation is straightforward enough that even a beginner can be up and running in just a few minutes.
Forex Megadroid settings are provided and are easily configured in the EA setup screen. Some alternative settings are provided in the manual which will allow you to make some tweaks to the operation of the robot. We would however advise sticking with the supplied default Forex Megadroid settings as these seem to produce the most consistent results from the system. However for those who are interested, it is possible to find a range of 'non official' tweaks for the robot.
Unlike many Expert advisors Forex Megadroid is an infrequent trader, tending to only take two or three trades per week. However this should not be seen as too much of an issue as it is this selectiveness in trading that helps to maintain what is clearly an impressive performance record.
A maverick this Forex robot is not; instead more of a consistent steady earner. If you are in the market for a new trading robot or are simply looking to try out an automated trading system for the first time, Forex Megadroid is one of the best places to start.
NOTE FOREX MEGADROID HAS NOW BEEN REDUCED TO ONLY $97!
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