Forex Megadroid

Forex Megadroid Review
(4 out of 5 stars)



Forex Megadroid gets a 4 star rating which is same rating as GPS Forex, Leo Trader Pro, Forex BulletProof and Million dollar Pips software. Although it does not publish the Profit factor and Maximum Draw Down, but is has a high ROI of 19.8% monthly which is rank number 6 (Just behind GPS Forex 28% and Leo Trader Pro 32%).

Forex Megadroid score 250 for S3 grading because it feature live real test results, posted history back tested results, provides proof of past results, many testimonial from customers, excellent after sale support, a comprehensive FAQ section, money back guarantee and instant access to download the software.


How this Forex Trading Software rank among others?

Attach a table below summary of Forex EA software comparison using ROI, Profit factor, Max Draw Down, S3 scores and Alexa.com rank. Forex Megadroid is high lighted in Red colour.



Forex EAROI (Monthly)Profit FactorMax Draw DownS3 ScoresRatingAlexa.com
FAP Turbo207%31.770.32%280 points5 starsRank 31,123
GPS Forex Robot28%3.935.68%260 points4 starsRank 283,290
Forex MegaDroid19.8%NANA250 points4 starsRank 72,310
Leo Trader Pro32%2.855.84%250 points4 starsRank 213,570
Forex BulletProof11%1.3219%250 points4 starsRank 309,467
Million Dollar Pips925%2.132.58%240 points4 starsRank 75,635
Forex Growth Bot148%1.669.05%190 points3 starsRank 214,229
Forex Over Drive5.8%NA21%190 points3 starsRank 453,393



Forex Megadroid popularity at Alexa Traffic Rank is 72,310 currently rank number 2, which is just rank below FAP Turbo rank 31,123 and above Million Dollar Pips rank 75,635. This is a significant popularity results. Any website that rank 500,000 and below is gaining at least thousand of visits monthly.


Stretegy Tester Report

Forex Megadroid did not publish back tested results, thus does not have any Profit Factor or Max Draw down but did show the overall performance for the past 10 years. Below is an attachment screen printout. (Click on picture to see detail) for post 10 years.

It show account starting with $10k profited to $34k in 2009, $62k in 2008, $61K in 2007, $33k in 2006, $81k in 2005, $67k in 2004, $65K in 2003, $44k in 2002 and $59k in 2001.

No details of profit factor or draw down are provided. But by looking at the posted summary results, it show consistent grow of 300% to 600% growth every year. This is impressive as it performance is still good during the economic crises and after 2001 September 11.

Note:
Profit Factor is gross profits divided by gross losses. (Higher value better)
Winning trade percentage is total win trades divided by total trades (win+loss). (Higher value better)
Maximum drawdown percentage is the highest losses you have divided by account balance. (Lower value better)


Trade Result Analysis

Forex Megadroid is one of the earliest Forex software introduced into the Forex trading market and with lots of popularity among beginner and expert Forex traders. It has an extensive informative website to promote and does give profitable results to Forex trader that is looking at automated Forex trading using MT4 expert advisor. Below is an overview of the trades and account ROI.


Attached a screen shot of Forex Megadroit account starting from 2009 Apr 30 with starting balance of $50k. As of 2012 Feb 09, the balance stand at $328k. Giving a ROI of 19.8% monthly (33 months total). This is better then stock market return of investment.


What strategy is it?

Attached Forex Megadroid trades screen shot from 10 Jan 2012 to 02 Feb 2012(13 trades). (Click on the picture to see in detail). Forex Megadroid trades primary EURUSD currency pair. All the trades are triggered during 2300 hrs to 0100 hrs GMT time, which is low volatility volume.

Trades are incremented/decremented showing money management of account balance. Look at trade 5295441, trade open sell at 24.64 lots at 23:15 follow by 5295857 which open sell at 18.39 lots at 00:41 (Lower balance thus less lots). Both close at 01:26 and 01:44 respectively.

All trades profit win from 5 to 10 pips with 1 exceptional trade taking in 20 pips. Scalping strategy is used in this case with trending chart. Forex Megadroid EA uses mainly on EURUSD currency and opening at stable timing at 2300 GMT and 1700 GMT. Basically monitoring the last 6 to 12 hours direction of the currency and trigger when the internal setup to predict the moving trend of EURUSD. The scalping profit gain is 5 to 15 pips with 50 to 75 pips stop loss. Particularly safe trading is use with money management.


S3 Grading Scoreboard

Best Forex Automated System Top Ranking - My S3 grading for Forex Megadroid is 250 points. (Refer to picture for detail). The website features live real time trading results, provided detail historical back tested trading results and proof of past earnings.

You can also find many testimonials from happy customers with good after sale support and comprehensive FAQ. As a Clickbank product, it comes with money back guarantee and instant download access.




Total = 250 points
(4 out of 5 stars)


Not enough? Read more...

Click here to access the website to see a promotion video, 10 years detail of trading and summary, 125 facebook likes, 10 Question and Answers and a free performance calculator ---> Forex Megadroid

Top Forex Automated Trading Expert Advisor (EA)


Forex EAROI (Monthly)Profit FactorMax Draw DownS3 ScoresStar RatingAlexa.com
FAP Turbo207%31.770.32%280 points5 starsRank 31,123
GPS Forex Robot28%3.935.68%260 points4 starsRank 283,290
Forex MegaDroid19.8%NANA250 points4 starsRank 72,310
Leo Trader Pro32%2.855.84%250 points4 starsRank 213,570
Forex BulletProof11%1.3219%250 points4 starsRank 309,467
Million Dollar Pips925%2.132.58%240 points4 starsRank 75,635
Forex Growth Bot148%1.669.05%190 points3 starsRank 214,229
Forex Over Drive5.8%NA21%190 points3 starsRank 453,393

Fully editable *.mq4 files that compile successfully with no errors (3MB zip file with 200+ EA codes. Including 40+ strategies from the Strategy Book. You can download the Free Strategy Book by joining my email newsletter on the right side of this website. Click "Buy Now" to make payment and instant down the Best Forex Ranking Cook Book at USD $79 (One time payment only) Click here for more info

Please inform me if unable to purchase or download (send to sngerge@gmail.com)