Forex Megadroid is one of the prime forex bots with a 95.82% accuracy and trade profitability tested over the last years.
Forex Megadroid is actually designed by Albert Perrie along with John Grace and was introduced during the early 2009. Forex Megadroid Robot features a set of extremely advanced capabilities that make this particular forex automated trading system to be effective in a variety of market conditions.
Forex MegaDroid is the initial robot in the foreign exchange market having RCTPA (Reverse Correlated Time And Price Analysis) monitoring and trading execution know-how implemented.
The developers of the forex trading robot state that the Forex Megadroid Forex Robot has a complete collection of capabilities in order to adjust to new market conditions and behavior.
The Forex Megadroid is trading only one pair of currency USD/EUR. The frequency of the trades initiated and completed through the automated system is between 2 and four trades each week.
The Forex Megadroid is trading only from Monday through Thursday. Forex Megadroid isn't trading on saturdays and sundays and on holidays once market are quite thin and the spreads tend to be bigger than normal.
An important advantage of Forex Megadroid is that this forex trading robot has got a substantial success rate so consecutive losing trades are extremely rare.
Whenever RecoveryMode is turned on, in the event of a trading loss, the lot size or risk level are increased for all trades till the loss is recovered.
In the settings of Forex Megadroid is a function that may stop the robot from trade throughout the market turmoils. As an illustration the RemoteSafetyMode if enabled will restrict the Forex Megadroid from trading during the periods when the market is very volatile.
The setup automated forex system is very simple and straighforward. So your Forex Megadroid Forex Robot to function effectively it is important to be ran over a VPS (Virtual Private Server).
In any other case, you should keep your computer working all the time on-line. In case one thing is headed wrong with the computer system or with your connection to the web it is possible to record a loss in case the market is going against you and you are not able to conclude your position.
Personally I have purchased a Forex Megadroid license 10 days ago, I have signed for 4 demo accounts with 4 distinct fx brokers. With one valid license, you can actually run Forex Megadroid on an unrestricted number of demo accounts (on a single pc machine) but with one licence you can run the system on a single real money account.
I will post the results in a week or so with the main Forex Megadroid settings used.
Visit http://forexautomatedtradingsystem.com for more information regarding Forex Automated Trading Systems and stories concerning the testing of the Forex Megadroid Robot.
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