Review of the ForexMega Droid EA
Update (Aug 9th, 2010) – Forex MegaDroid 1.30 has officially been released.
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Megadroid | EURUSD – Some users report succes with other pairs like EURGBP, EURCHF, or EURJPY | H1 | Time-filtered scalping. | Yes | Yes | Dynamic | Dynamic | Forex MegaDroid |
Forex Megadroid Performance
License
Forex MegaDroid is sold through Clickbank.com and your copy of the EA will be tied to your receipt code so it won’t work without it.
Strategy
Forex Mega Droid uses an advanced scalping strategy, one of the best scalping strategies out there infact. The risk to reward ratio is good enough that a couple losses won’t crush your account or profits as quickly. The default settings work ok, but our optimized settings have been proving to perform much much better. If you want to grab our settings for Forex Mega Droid, make a free account quickly.
Recommended Brokers
Forex MegaDroid has worked best for us on FXOPen or IamFX brokers, but it will work on just about any broker out there with reasonable spreads during all hours of the day and night.
Conclusion
Forex MegaDroid is one of the older and more successful forex robots that went commercial. There are still many active users, and they are still selling copies close to a year since it’s release which says a lot right there. This is another EA that is a must try atleast on demo and use your 60 day money back guarantee just to be sure.
If you have experience with Forex MegaDroid or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.
If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.
Ok guys lets get the ball rolling, discuss your Forex MegaDroid, strategies, thoughts, whatever…
Forex Megadroid Overall Rating
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January 15, 2012
#1
Thanks for the great review, I’m loving this EA as well as forex hacked. Love your site too btw helps filter out a lot of garbage products.
January 25, 2012
#2
With how much balance you started using ForexHacked?
December 12, 2011
#3
What does the pro version have that the reg does not? From reading these comments I shouldn’t expect more than 3 – 4 trades a month? I have a valid clickbank receipt, how do I get the Pro version?
December 1, 2011
#4
Hi Admin,
I also do not see any link to purchase the Megadroid other than the links to the official website. If I purchase from the official website, will you provide me with the optimized settings?
November 22, 2011
#5
Hi Admin,
i had refresh the this page and check the home page but still cannot see megadroid purchase link , i want to purchase from you so that i can get the setting from you. Many thanks for your help.
November 22, 2011
#6
There should be links throughout the entire post.
November 17, 2011
#7
Do any robots work with a mac?
October 25, 2011
#8
Finally got my hands on megadroid pro. Have started to try it on demo account with 4 currencies, and it is doing very well. Better than my Forex Hacked Account atm. will let it run for another 4 weeks before going live. does anyone know how much worse the results get when going live. I doubt they will stay this good.
June 18, 2011
#9
@Admin,Pls I want 2 buy magadriod, pls give me your link to buy from. so i can gt settings from you. All any advice on this?
June 18, 2011
#10
Refresh the page and check the post.
April 11, 2011
#11
Hi admin,
I just wondering on what broker’s platform you used this EA? Because from FXOpen site you can download MT4 platform 226 build and MegaDroid installation instruction states that you must use at least 229 build… Or it worked fine for you on older build on FXOpen MT4?
January 12, 2011
#12
Admin
I have already just purchased Megadroid before i found this site – i wish i had found your site sooner but can you assist as i have followed the instructions provided and set up on a demo account in FinFX as per recommendation , it is geared for Eur/USD trading of which i have set up , trouble is its been running now for more than 48 hours and now trade have been activiated – can you share your settings and i can report on this site??
Hoping – Mark
September 19, 2010
#13
Admin what broker are you using with megadroid? It’s demo or Live? Wich or whta is the diference with megadroid and megadriod pro?
Thanks
August 24, 2010
#14
wow..my real account has finally got blown by Megadroid…from USD4000s to USD50 now.
minus few hundreds weeks ago
minus few thousands few weeks ago
minus another few hundreds couple weeks ago
blown up this week
i never expected it would be Megadroids that slaughters my account…..very bad period for trading EUR/USD and USD/JPY.. extremely viotile
September 20, 2010
#15
Q. If you were using just the eur/usd, would this have happened? Curious to know, I only have it on the eur/usd and it’s going fine. I thought they recommended this pairing only. I see these guys (fbi) have it on multi currencies also but if you add up just the eur/usd on their stats it’s way ahead. Sorry to hear about your loss, I’ve had some rippers, hope things head up for you, Regards Rob
December 4, 2011
#16
MD blew your account with which broker, pls?
August 12, 2010
#17
How come does your Megadroid Pro trade on EUR/JPY pair? I think Megadroid Pro trade only for: EUR/USD, EUR/CHF, EUR/GBP, USD/CAD. And there is an error: “This currency is not supported!” when I attached this robot into EUR/JPY pair.
August 4, 2010
#18
i have a megadroid v1.211 but only run in euro pair,is this possible to running megadroid in euro yen and how to optimized the setting,cause it only make a trade 2-4times in month,and my brooker is alapari.best regards andre
July 23, 2010
#19
Hello admin.
I bought the MegaDroid thinking it was the 4 pairs.
How am I to show you the code to send me the MegaDroid pro version?
July 13, 2010
#20
HoI will like to get a copy of your optimized settings for forex Megadriod. I have this EA but seldom use it . I have signed up in the VIP section and would like to know what to do to take advantage of this site.
Thanks
July 9, 2010
#21
what about the settings you use with megadroid? may I use them to both MD and MD PRO???
July 5, 2010
#22
ditto
May 19, 2010
#23
Hi Admin, I hope you will repond to this comment. Do you have Megadroid running or MegaDroidPro?
May 19, 2010
#24
@hatchsead
Mega droid pro. I will provide it to anyone that shows me a valid clickbank receipt code in order to support Mega Droid developers. Obviously for me to check if the receipt is valid it will have to be purchased under me, sorry.
May 16, 2010
#25
Yes I was wondering the same actually…
May 14, 2010
#26
Hello, My Megadroid make only 2 or 3 trades in a month….. I noticed that your MD make a lot more, what settings are you using? I cant find them in the VIP section.
May 13, 2010
#27
Hi Admin, please where could i get your custom settings for megadriod? It is not in the VIP section,
May 11, 2010
#28
where can i get the optimized settings for megdroid.