Forex Megadroid Test Pilots Wanted!

[capsmart]

Hi Raa and Richard
I had no trades for Wednesday night (17th-18th).
Marc is working a deal with an ECN broker (not Dukas). So you can ask him.
I did a research yesterday comparing OANDA with Dukas and they have more or less the same spreads except that Dukas is also charging a commission on top of the rates.
If you convert the commission to pip value it is according to my calculations about half a pip.
Too bad that OANDA does not support metatrader.

[anhydro]

Finally I had a trade with MD last night (18th-19th) on Alpari live account.MD traded 0.98 lot and made 10pips, about 100 USD.

[raa]

I have had 9 pips.

[capsmart]

Same here. 10 pips for Thursday night (18th-19th).
The amount you win (or loose) depends on risk % and on total capital.

[richardnixon]

Hi:

FXdd live: 3/16 +6pips
3/17 +10pips

GoMarkets demo 3/16 +6.9pips
3/18 +10pips

same settings, on 24/7.

[ramediesag2]

Hi my name is Gustav.I am new to forex what settings do I use Marc and which broker do I use.

[capsmart]

Hello Gustav,
You can use the default settings. The most important is the risklevel. I am using a 25% and I think it is ok. Since the stop loss is always the same the change in the risklevel will increase or decrease the lot size.
If you do not like this you enter a risklevel of 0 and define manually the lot size.
As far as broker, I am using IBFX but you can use any broker that has a low spread on Eur/Usd.
Megadroid will only trade when the markets are closed (midnight GMT) and needs a spread of 2 pips or lower.
If you have any questions do not hesitate to ask.

[nzfriendlee]

Hi Folks,

Is here anyone who traded (or is trading) with a different time setting along with default?
Today I have tried back testing of MD with different time setting (default -2hr setting.)
The result showed even better than default time set.
So I applied it to live account with 5% risk setting.

But I am not sure if its wise idea.
Anyway the result will say it.

Please let me know if anyone has experience of this!

Thanks!

[capsmart]

We all know that MD is trading when nobody else does (lol). I mean that in order to trade it needs quiet hours with low volatility. This is how it is designed. If you change the time then it will "think" that 10 am is midnight and if the eur/usd is quiet at this time will enter a trade for the 10 pips. Now if price will move to the desired direction or not, this is something that the robot cannot anticipated because it is not designed for that.
On the other hand if you change the clock and try to trade 1 or 2 hours before US close maybe you will be lucky and have nice trades since during this time the market is also quiet.

[capsmart]

No trades for Monday night (22-23rd)