In this post I will be reviewing the popular Forex Megadroid Expert Advisor. Forex Megadroid is a fully automated forex robot that has been around for a long time which is testament to its developers and its continued success. I experimented with it in the past but found that once forex brokers became aware of its presence they started to implement tactics to diminish its profitability. However, the developers have since updated Forex Megadroid and it has improved significantly. The Forex Mega Droid Expert Advisor developers have over 38 years combined experience which is evident in the high 95% win rate. At the time of writing this review, the net profit in around the 7 years Forex Megadroid has been trading is at an impressive 15,408% gain and continuing to grow. This shows great accuracy and consistency. The website has been updating results for over 2,500 days (over 6 years).
Forex Megadroid Expert Advisor Trading Strategy
Forex Mega Droid uses a reverse correlated time and price analysis (RCTPA) which ensures that it works in any market condition provided you use a reputable ECN forex broker as you should be with any automated forex trading system. There is no minimum account size required to use it and one case study on the website claims one user almost doubled their account with a 93% gain in less than a year using the conservative risk settings. Noticeably there was only a very small 5% draw down. What I find interesting here is that the developers claim it has made around 15,000% in 7 years which would mean in theory that surely the yearly gain that particular user had should have been around the 2,000% mark. None the less, a 93% gain in a year is still fantastic and could have been even greater with a less conservative risk setting.
Forex Megadroid Expert Advisor Back Testing
There are back testing results on the website but they are not necessary as there are plenty of live results available (somewhere?!). In fact, these live results go back as far as some forex robots back tests do! Also, the back tests only sue 90% modelling quality and therefore no tick data or real spreads which can have a detrimental affect on the performance of scalpers.An ECN broker with low spreads and plenty of liquidity is a must with MegaDroid.
Forex Megadroid Expert Advisor Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Forex Megadroid Expert Advisor Summary
As with most forex robots, the Forex Mega Droid Expert Advisor comes with easy to understand setup instructions, pre-set files, full support, updates and a money back guarantee. Along with FapTurbo this is probably one of the most popular forex robots of all time so be sure to check it out by visiting the Forex Mega Droid website.