Testing Forex Mega Droid

[Globalprofits]

I purchased Forex Mega Droid late last week so i could test it since it comes with a 60 day money back guarantee.

I have it set up on 3 different demo accounts and one Mini account.

I will post some screen shots when it enters a trade and then again when it exits.

If anyone else here has already started using it i would love to hear how it has been working for you.

GP

[Globalprofits]

MegaDroid has just changed from Waiting to Running on all of my platforms so we could get a bit of action soon.



GP :)

[Globalprofits]

That didn't take long, all platforms in a trade.



GP :)

[Globalprofits]

Ok here are the results:

GO Trading demo - using 10% Risk Level and a 1 pip spread:



The platform dropped off just after it opened the first order and i think it caused it to close it not long after, then it opened up another one and not long after that it opened another one.

Forex Meta demo - using 10% Risk Level and a 3 pip spread:



This only took the 1 order, the sell that you can see is the first trade MegaDroid took last Friday.

Ikofx Mini Account - using 25% Risk Level and a 2 pip spread:



It took 2 trades.


With my Forex FS demo i had another EA that i was testing from TSD Forum, i have put MegaDroid back on it.

So all positive so far, anyone else have any luck on other platforms?

GP :)

[Globalprofits]

MegaDroid is in a trade with all of my platforms.









I will update when they close.

GP :)

[Globalprofits]

Ok another great result on all platforms:

-Mini Acount

This one had three trades and for some reason when all the other platforms had closed all of there trades this one kept a trade running and closed sometime after for a nice profit.

- Demo

This one has been a stand out as it only has a 1 pip spread and gets in and out quicker then any other platform, it also had three trades.

- Demo

This one had two trades and it was the second last platform to close it's last order.

-Demo

This one had three trades and was in and out almost as quick as Go Markets.

So the 2 Australian Platforms are performing the best for me so far.

GP :)

[jrob195]

How have you found it? Is it worth paying the money? Who is your mini-account with.

[Globalprofits]

Well at this stage i would have to say yes but it is very early days in my testing as i only purchased it last Thursday and i have found it very user friendly, i even believe people with no trading experience would be fine with this system as the instructions are very good.

The way i saw it i couldn't lose by just testing it, it comes with a 60 day Money Back Guarantee so anyone can purchase it and demo trade it and decide in the 60 days if it is worth keeping or not.

My Mini account is with and i went with them because it was easy to set up and fund and like most Brokers these days they offered a bonus.

As you can see here if it keeps up i will be able to pay for the system with just this small account running, i have also set up a real account with as they have a 1 pip spread on the Eur / Usd and i am an Australian and they are stationed here and it is cheap and easy for me to fund and withdraw.

I hope that helps....

GP :)

[Globalprofits]

Ok the MegaDroid has just switched from Waiting to Running so it looks like a trade is on the horizon.

GP :)

PS: As usual Go Markets is in to a trade before any of the other platforms.
PPS: Wow, Go Markets has already been in and then closed out for profit and the other platforms haven't even moved yet!

[Globalprofits]

Well i think i know which broker i'm going to use for my main account with ForexMegaDroid, Go Markets has been in and out of trades today while the others are still in one right now.

I will update as soon as they have all closed out there orders, to follow the live stats and click on each brokers name.

GP :)

[Globalprofits]

Well i had a few drama's today, here is the breakdown of how it went:

- Mini Account

For some reason didn't take a trade when some of the others did early in the day and then took the last one that they all picked up but then we had a power black out for just a few seconds and when i turned everything back on there was none of the arrows on the chart for that order just the stop loss and target lines so i took over the trade and closed it out manually a few hours later but after all that still another trade that ended in profit.

- Demo Account

This platform rocks, in and out of a trade that the others didn't even take and then in and out of the trade that all the platforms took, i have now set up a real account with them and plan to start live with it after Easter, 1 pip spread!

- Demo Account

I am not all that happy with this broker, 3 pip spread and the platform dropped out for almost 30 minutes managed to take control manually and close out and like all the others all in profit.

- Demo Account

This broker had it's worst day so far, 2 pip spread plus commission and the only reason i was testing with these guys is that they are Australian so it was easy to fund for me, they still ended the day with 2 profitable trades.

So it ended up being very eventful but one thing is for sure, Forex MegaDroid is proving to be very profitable so far.

GP :)

[Globalprofits]

I received this question in another forum and thought it might be handy for others if i put the answer in here as well:

Well i signed up to for a mini account on Monday and funded it with $190 Usd and received a $20 bonus and here is what has happened in just a few days:

So if you look at that result, you can see that the way it is performing it will double the account with in a couple of weeks.

I was only going to demo trade while i tested it but then thought it would prove more to me and anyone watching if i had at least 1 live account running in the test.

One thing that i have found so far is that the broker makes a huge difference, these guys only have a 1 pip spread and they have been the stand out for getting in and out of trades in the test so far and i will be putting between $10K - $20K with them after Easter .

This is the first Robot i have tested and i must say it's been a lot of fun and a lot different to my normal trading week as i am some times lucky if i take more then 1 trade with my style, so i am thinking about testing a few more soon.

I hope that has answered your questions.

GP :)

[Globalprofits]

As usual Go Markets is straight into a trade and the others seem to be asleep, live stats -

I will post when trade is finished.

GP :)

[Globalprofits]

Only Go Markets took a trade and once again it was a positive one -

What a great first week of testing, not one losing trade on any of the 4 platforms i am testing.

GP :)

[Globalprofits]

I have to say i am hooked, i have had a great time testing MegaDroid out so much so that i just purchased FapTurbo and will be testing it here as well so feel free to join in and post your results and thoughts on both systems.

GP :)

[Globalprofits]

Now that i am testing FapTurbo as well i thought i would put some screen shots of the three brokers spreads that i am going to be testing it on.

The first one is



Forex MegaDroid - EURUSD 2 Pips - That is what you want.

FapTurbo Scalping EURGPB 2 Pips, EURCHF 4 Pips, GBPCHF 7 Pips or USDCAD 4 Pips - FapTurbo won't take a scalp trade if the spread is more then 5 so GBPCHF is out and the EURGBP looks good.

The second one is



Forex MegaDroid - EURUSD 2 Pips - That is what you want.

FapTurbo Scalping EURGPB 3 Pips, EURCHF 3 Pips, GBPCHF 8 Pips or USDCAD 6 Pips - FapTurbo won't take a scalp trade if the spread is more then 5 so GBPCHF and USDCAD is out.

The third one is and i don't know much about them, they are an ECN Broker recommended by FapTurbo, if you don't know what an ECN Broker is then go to the website and have a read.

GP :)

[Globalprofits]

I don't think that we will get a trade today with such low liquidity because of the Easter holidays.

My Live Stats:

- Mini Account


- Demo Account


- Demo Account


- Demo Account


GP :)

[Globalprofits]

Here are the results for FapTurbo's first day of trading.

The first three are just set up with FapTurbo and not MegaDroid and only trade EURGBP as that is the pair that is meant to perform the best, the last one is set up with both MegaDroid and FapTurbo running and FapTurbo has all 4 pairs, MegaDroid didn't take a trade for me yesterday so all trades here are from FapTurbo:






These first 2 are on the exact same settings and both started with $10K so it looks that even though you may get a better spread at Fxcbs the commission takes it's toll.







Mixed results with the last one that is running all the pairs and should be interesting to see how this one plays out.

Here is a screenshot of some of the settings that all 4 are running on:



Scalper Lots - 1.0 which is only recommended on accounts of $10K or more and Scalper Max Lots at 10.

So it's been a positive start for my FapTurbo Test.

GP :)

PS: These are from yesterday.

[Globalprofits]

Finally the order in my real live FapTurbo account has closed,

MegaDroid hasn't taken a trade on here yet and as you can see FapTurbo only took two trades one just positive and the other one which was open for almost 24 hours closed for a small loss -$10.77 which was a good result considering it was -$130 at one stage.

I must admit i spent a long time looking at another monitor with my charts and indicators plotting out where i thought price was headed and is why i left it in the hands of the robot.

On my demo account which has all 4 pairs that FapTurbo trades and MegaDroid i had a mishap when my computer froze and when i started it up again FapTurbo's arrows had vanished so i took over manually and took 2 loss's but it has performed very well in the 2 days i have had it set up.


GP :)

[Globalprofits]

FapTurbo just took a couple of positive trades in my Live account:

It took one positive trade in my Demo Account:

GP :)