Forex Megadroid Test Pilots Wanted!

[cunicu]

Hi All:

MD profit target only ever about 10 pips max Aggressive mode 15 Pips s/l usually around 40 Pips trade times 21:00 GMT 23:00 GMT. Aggressive Mode 1 hr later if MD spots a second trade potential in Aggressive mode will open a second trade. The s/l, t/p visible in terminal is only in case of disaster ie: power failure, pc malfunction. Re: Stealth Mode nothing more than a marketing gimmick do not delude yourself for one second into thinking broker does not know what EA you are using & the true s/l, t/p it is their job to know & info is available right there in terminal if you know where to look. With small retail trades they just do not bother.


Cheers

[bembrey]

I have been using the MegaDroid since June of 2009. Prior to the Sept. 2009 update, I had approximately 75 trades with only 1 loser with the settings of agressive and recovery turned off. After the Sept update I have returned to default settings except for aggressive which is off. The EA starts with a 50 pip profit target and a 50 pip stop loss. If it senses a change in the market it will readjust the profit target to exit with either a small loss or a small win. During the month of January, I had 10 trades with 9 winners and 1 loser with a net loss of 4 pips. Prior to January I was getting between 3-4% return each month. Will need to watch in February to see how it goes.

[capsmart]

Megadroid did not trade last night. This is normal. It will never open a trade on Sunday night.
Let's wait and see what we will get tonight.

[baboon]

Hi Everyone,

It feels like the bar in Top Gun now with all the other test pilots.

Last weeks result was 7 pips to the good, let's see how this week goes.

Cunicu - My understanding is that the stealth mode is running in the same way as a trailing stop EA would work. The robot is posting the high value stop loss and take profit levels which the broker can see (and are visible in the terminal). However, the robot has no intention of using these levels and is using it's own internal algorithm to determine the real stop loss and take profit.

I understand what you are saying and may be wrong, but that is my take on how it works.

Good luck everyone this week.

Simon.

[capsmart]

Hi all,
One more trade long for 10 pips last night.
enter at 22:38 1.3917 and exit at 22:39 1.3927.
One minute for 10 pips.
If you watch the 1M chart you will see the movement.
I am using IBFX.

It is nice to wake up in the morning and find money under your pillow.
Of course you might wake up with no pillow at all.

[baboon]

Got two trades last night on Jade FX platform:

2010.02.01 23:38 - Buy - 13 pips profit
2010.02.01 23:38 - Buy - 16 pips profit

The second trade was close down 12 minutes after the first.

[capsmart]

2 more winning trades
enter short at 22:32 1.3971 exit 00:06 1.3967 +4 pips
enter short at 22:43 1.3973 exit 00:06 1.3967 +6 pips
The robot chooses to enter when there is no movement. During the time the trades were open price moved no more than 10 pips.
At a certain time we had a bigger profit but the robot did not close the trades "thinking" it could make more.

To Find Out More About Forex Megadroid CLICK HERE

[capsmart]

Just one trade last night.
Somehow different.
Robot entered LONG on eur/usd at 21:45 at 1.3887
Since it was early and I was watching it I decided to close the trade manually for a profit of 7 pips.
I did this because I wanted to see if it will reopen the trade. It did not.
From what I saw later on, the highest the price went was 12 pips above the entry so the robot could have identified this and make a better profit.
The previous night it was not the case. At a certain moment it had a profit of 9 pips but did not close the trade till later with a smaller profit.

[baboon]

Capsmart, thanks for the posts, was unable to do so myself for the last two days.

Below are the trades I got on Jade Investments and the results:

2010.02.03 22:45 1.38891 Buy = +8 pips
2010.02.02 23:43 1.39738 Sell = +7 pips
2010.02.02 23:31 1.39707 Sell = +1 pip

Simon.

[capsmart]

Just one winning trade for 11 pips.
I checked my account relatively late and saw that there was no trade.
I connected to the VPS to find out that the platform was shut down.
This can happen I believe if there is a system restart.
As soon as I launched the platform the trade was initiated.
Long at 22:23 1.3724 . Closed at 23:18 1.3735 11 pips.
No trades tonight and no trades on Sunday night.
Next possible trade Monday night.
Have a nice week end.

To Find out more about Forex Megadroid, click here