Forex Megadroid Test Pilots Wanted!

[raa]

Hello RAA and thank you for explanations.
I did not have any trades from MD last night but I have it installed on IBFX that would not let me logging in. I contacted support and they told me they had a problem with their mini server (hmm convenient for them). When finally the server was working again maybe it was late for MD. Anyway because of the big move prices were staying still.

I have had no luck with it as well - too much movements for it last night. One the other side, I have got my hands on a VPS from VPSLand and installed a platform there. I use LiteForex.org, so I have created two user accounts and put two MT4 with the same broker simultaneuosly in different sessions. I have created two new live lite accounts (LiteForex allow you to trade cents instead of dollars, so you can put 50 usd and have 5000 on account, which compensates for lack of 0.01 lots, which as available on normal accounts they have. Anyways, I created two accounts to clean-test in real environment both MD and Fusion. I funded MD account with 100 USD (10 000 balance in cents), and Fusion with 500 USD (50 000 balance). And I let it run with zero interference for the clean experiment. We will see.

[capsmart]

5 pips profit. It took about 1h 30' to complete the trade.
Raa I am really interested to see how fusion works. The add says it will produce 12 trades a day. If it is as profitable as they claim then in one month (depending on the account) you can pay for the robot AND your initial investment. Therefore you can let it run without risk.

[raa]

5 pips profit. It took about 1h 30' to complete the trade.
Raa I am really interested to see how fusion works. The add says it will produce 12 trades a day. If it is as profitable as they claim then in one month (depending on the account) you can pay for the robot AND your initial investment. Therefore you can let it run without risk.

Mine took 4 pips over 1:35H at night. With my experimental (from the back test optimization) set up of 0.74 risk, it went to positive 2% profit.

Fusion so far closed 4 trades and have 5 open. Current equity is about when it is started, so I hope it will close the first day with no loss. Most active is LMD, then SuperVulcano and then HighRider (which lost most at the first trade all robots try to recover now). Straasha and Neg are disabled (what was a point to include them anyways as during the competition they have won nothing or lost?).

[kbbjr]

Hey guys,

Just received an interesting email from J.J. Glenellis. He passed along a URL with Megadroid settings and results produced by a friend of his named Robert Den Beste. Apparently this guy tests robots very extensively. Here's the URL:

http://www.simple4xsystem.net/megadroid.htm

The above page will only be up for a week or so, FYI. The results are from a 5 year backtest, but Robert uses the settings on a live account as well. The settings are also contrary to Megadroid defaults.

Hope you find this helpful.

Take care, Kent

[raa]

Hey guys,

Just received an interesting email from J.J. Glenellis. He passed along a URL with Megadroid settings and results produced by a friend of his named Robert Den Beste. Apparently this guy tests robots very extensively. Here's the URL:

http://www.simple4xsystem.net/megadroid.htm

The above page will only be up for a week or so, FYI. The results are from a 5 year backtest, but Robert uses the settings on a live account as well. The settings are also contrary to Megadroid defaults.

Hope you find this helpful.

Take care, Kent

5 years, defaults produce better result. and that guy is so niiiice he even provided his receipt code for anyone who wants to use MD for free

[capsmart]

63 pips loss in less than 6 minutes.
Not bad after all. The move was 120 pips out of nowhere.
For the last hour price was not moving and then BANG !!!
It ate the profit of some weeks. Let's see if the revenge is going to work, but I think the robot is smart enough to understand that the move was not according to the "rules".

I looked at FF and saw that the FED increased the interest rate by 0,25% without prior notice. Bad luck.

[kbbjr]

@raa

Just throwing it out there bro. Do with it what you will.

@capsmart

That was brutal, huh? I had two trades. Got crushed on the first. The second clawed it's way back to about brake even and closed out. Up until this point I had 12 winners in a row, but the first loss dashed all profit.

[raa]

63 pips loss in less than 6 minutes.
Not bad after all. The move was 120 pips out of nowhere.
For the last hour price was not moving and then BANG !!!
It ate the profit of some weeks. Let's see if the revenge is going to work, but I think the robot is smart enough to understand that the move was not according to the "rules".

I looked at FF and saw that the FED increased the interest rate by 0,25% without prior notice. Bad luck.

Same story, 21:35 GMT, huge loss. One hour later small win, 10% of the loss. On back testing I have seen losses like this about 3-5 times only last year.

When I was back testing I was looking for a strategy to switch it off when any big news are coming in Asian market or after big news in US market (although it does not start trading immediately at session open, so should avoid any gaps problems, etc). The rate change came out of nowhere, euro plunged.

[raa]

@raa

Just throwing it out there bro. Do with it what you will.

@capsmart

That was brutal, huh? I had two trades. Got crushed on the first. The second clawed it's way back to about brake even and closed out. Up until this point I had 12 winners in a row, but the first loss dashed all profit.

Thanks man, no offense meant.

[richardnixon]

Hi:

New to megadroid and the forum. I'm just starting to do some back testing on the EURUSD. Has anyone had a chance to try megadroid on some other pairs?