subject: Forex MegaDroid Review|Forex MegaDroid Settings|Forex Robot [print this page] The Forex MegaDroid robot has received a great deal of publicity of late being heralded as the Expert Advisor which will transform automatic trading in the Forex market. There are a great many automatic trading robots on the market now, but most have disappointed traders. This has given the Forex Robot industry a bad name which is a real pity considering the potential benefit of using Forex Robots.
The main reason that the earlier Robots failed is that they were designed to a single set of market conditions. An EA that performs well in a trending market, will inevitable fail badly if the market changes to a flatter ranging market.
The creators of the Mega Droid system, John Grace and Albert Perrie, who have 38 years of combined experience between them in currency trading, were well aware of this issue. They decided to try and create an EA that performs well in all market conditions. They designed Forex MegaDroid as an adaptive Robot capable of sniffing out the type of market that the EURUSD is experiencing. This they have dome by using artificial intelligence built as an algorithm they call reverse correlated time price analysis (RCTPA). RCTPA technology has until now only been seen in the sophisticated trading machines used in the big FX Trading Houses. Back testing shows that RCTPA delivers a 95.82% accuracy rate.
Let's examine the key features and benefits of Forex MegaDroid.
Its the only EA that uses the RCTPA (Reverse Correlated Time And Price Analysis) technology, allowing it to predict the behaviour of the market for the next 2-4 hours.
Delivers a stunning 95.82% winning rate based on 8 years of back tests. : 656.32% in 2003, 677.67% in 2004, 810.70% in 2005, 333.05 in 2006, 810.70% in 2007 and 623.84% in 2008.
Can be up and running within 5 minutes of download.
Requires to previous experience.
Very good customer support with clear instruction.
I believe that the MegaDroid robot works so well because:
1. It was created by 2 highly experienced traders with close to 40 years of combined trading experience.
2. It was tested extensively on many years worth of data, and so it has been tweaked, fine-tuned, and perfected.
3. It works with a high level of sophisticated algorithms and learning software capabilities.
I believe that this automatic program will remain highly popular for many years to come and will continue helping more and more traders earn more money.
