An expert adviser called MegaDroid was released recently. The developers claim that it has 96% success rate. In this article I would like to give some overview of this EA as well as my own trading results with it.

How MegaDrod Works

Many automated trading robots are notorious for losing money once the market conditions start to change. However developers of MegaDroid claim that it uses so called “market adapting intelligence” that makes it to adapt to changing market conditions.

As one can see from the name of the algorithm it is going to adapt to changing market conditions. Another interesting thing they claim is “reverse correlated time and price analysis” (RCTPA). This algorithm designed to forecast the price movement in the next 2 to 4 hours.

Overview of MegaDroid

I’m using this EA on my account and I see this MegaDroid has a potential of making consistent profit.

Advantages of MegaDroid

Most trades are winners

I’m testing this EA for more than a month by now. Interestingly enough it did not have a single losing trade. Which doesn’t mean it will not have in the future.

Automatic money management

In the options of MegaDroid you can set the risk level that you want and it will calculate the position size automatically. Of course you can turn it off and set fixed lot size.

Hides S/L and T/P levels from your broker

In Stealth mode MegaDroid does not set the stop loss and take profit levels. It keeps watching the market. You as a trader need to keep watching the connection of your terminal to the server.

Negative Sides of MegaDroid

A big flaw if you want to call it is that MegaDroid doesn’t trade very often. Since high success rate means waiting for perfect setup to occur in the market. It also depends on brokers. On my account it averages 1 trade per week.

Forex MegaDroid Cost

This peace of code comes at price $97 which may seem high. In my opinion if it will continue bringing profit at the rate it does now it well worth the price.

My MegaDroid Test Results

By now MegaDroid is running for about a month. As I mentioned it averaged one trade per week. It made $160 on $5000 account that is 3% of gain. In my opinion for completely automated trading it’s not a very decent result.

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