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Forex MegaDroid EA - streaming live forward tests

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im running it live, cause it seems such a delicate little princess it could be effected by a small difference.

and it has proved so. 2 accounts, same broker. one traded, one didnt.
 
Forex MegaDroid™ Indisputably Proves A Robot Can Trade With 95.82% Accuracy In EVERY SINGLE Market Condition
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wrong. it only trades in a 2 hour period between the US market close and asian open.

if you test it during other times it FAILS miserably. it cannot trade in every single market condition.

Each business has it's own reality... in Forex, accurate multi-market condition performance is what rules... is what makes the crucial difference...
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which is why it is only traded on the euro i am presuming?

not saying the system wont be successful. but clearly the marketing is questionable. unsurprisingly.
 
had both my live accounts fire megadroid this morning.

+3% on each.

definitely would hurt to get stopped out. but so far so good.
 
“Advanced Artificial Intelligence: Extreme Performance, Extreme Accuracy... Unheard Of CONSISTENCY... A New Artificial Intelligence Frontier Has Been Established...”

We are proud to be innovators... there is no other way to put it.
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it uses RSI + CCI to trade the narrow quiet time between NY + Asia.

welcome to the new artificial intelligence frontier.
 
i picked up 10% on both accounts this morning on the same two trades.

am currently looking at improving the EA using its methods and adding some limitations other then time.
 
got another few % this morning.

looking at the code and seeing if a trade limiter can be applied so that it can trade other then in a couple of early morning hours.
 
opened two positions today.

short on euro, when i thought it should have been going long. after quite a big drawdown one position closed @ a profit. i then manually shut the 2nd for roughly a break even position overall.
 
It seems like this thing has had a pretty high success rate so far. It costs like a hundered bucks or something don't it, so in effect, it has paid for itself.

Would anyone advise a beginner to purchase a product like this? Because from the results in this thread, I'm pretty tempted. Even better, can I get it for nothing somewhere?
 
dazers said:
It seems like this thing has had a pretty high success rate so far. It costs like a hundered bucks or something don't it, so in effect, it has paid for itself.

Would anyone advise a beginner to purchase a product like this? Because from the results in this thread, I'm pretty tempted. Even better, can I get it for nothing somewhere?
Click to expand...

Remember it only takes a couple bad trades to take back all that profit and some of your initial capital.

There is no 'get rich quick' schemes in any form of financial markets, as soon as the market dynamic changes a lot of these EAs will not work as well. IMO you are way better off edcating yourself and learning to either develop your own EA or learn how to trade yourself.
 
you couldve made substantially more than this silly robot if you had just taken a long position on the AUD over the last month
 
prawn_86 said:
Remember it only takes a couple bad trades to take back all that profit and some of your initial capital.

There is no 'get rich quick' schemes in any form of financial markets, as soon as the market dynamic changes a lot of these EAs will not work as well. IMO you are way better off edcating yourself and learning to either develop your own EA or learn how to trade yourself.
Click to expand...

After exhaustive backtesting and tweaking of various EA`s floating around the internet, I am increasingly doubtful a long term profit making auto trader is for real.

I haven`t bought a commercial EA, not too fussed about all the "sizzle" around them. The feedback is unreliable too. Money and honesty seems rare indeed.

There must be a few gems among the rocks.
 
dazers said:
It seems like this thing has had a pretty high success rate so far. It costs like a hundered bucks or something don't it, so in effect, it has paid for itself.

Would anyone advise a beginner to purchase a product like this? Because from the results in this thread, I'm pretty tempted. Even better, can I get it for nothing somewhere?
Click to expand...

"Success Rate" or "Win Rate?"

If it's risking $500 to make $1 then you could make 499 "succesful" trades and one "bad" trade and be at break even!

Im not sure many people could handle wiping out 499 trades worth of profit in 1 trade

Cheers
Brad
 
after much backtesting ive concocted a devious addition to the EA.

be interesting to see how it goes. i shall keep u updated.
 
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