subject: Does Forex Megadroid Robot Really Quadruple Money As Claimed? [print this page] A new trading robot that is now available in the market is Forex Megadroid. Industry veterans have rated this software positively. However, the question that is constantly being brought up is does it really quadruple your money? The creators of the software say yes it does, but is this enough proof for the average trader? Let me share the concept of how the software was developed with those who are unsure about it.
This software was created by Albert Perrie and John Grace. They are both veterans in the Forex trading industry and have 38 years of combined experience. This experience has been harnessed to create a piece of software on a specific technology to make trades automatically for the trader himself. This technology is called Reverse Correlated Time And Price Analysis or RCTPA and is referred to as the Artificial Intelligence core of the software. The technology is able to work in a variety of market conditions whether it is stable or volatile and also put together current and future predictions by correlating two successful trades.
Just like any other trading robot you simply download it and set it up to begin trading. The question of whether the software functions as described can be ascertained by you after you download it and get the feel of it with a trial version using a demo account at a reliable Forex broker. The fact of the matter is that, the Industry seems to believe in it and it does work to some extent or else this type of software would have faded out of the market over time. So it has to be promising in some aspects. This software does not hold out the promise of making you rich quickly and if that is what you want, this is not the system you should be embracing. This software will provide you with profitable trades but is it to the degree of it's promised 95.82% accuracy.
Forex Megadroid has worked well for it's creators and is certainly worth the time to look into. Numerous online accounts demonstrate it's effectiveness. It can be used with no risk by trying it out on a demo account. You can build your account up by starting out small. This robot is worth your time to check out and at the very least try it out on a demo account to watch it's performance. Practice demo accounts are widely available at numerous Forex brokers on the web.