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Forex MegaDroid Review

Quality: Good
Support: Good
Product Type: Forex Expert Advisor (EA)
Recommendation: For All Levels

Forex MegadroidForex MegaDroid is another popular EA which under the right market conditions can perform very well. Many traders trade it along with FapTurbo.

Megadroid is a scalping EA which trades on the EURUSD currency pair only. By default, it trades during the Asian trading session only. It uses dynamic stop losses and take profit values which can vary depending on the market conditions.

Forex MegaDroid is the first Forex robot to use state of the art built-in Artificial Intelligence Technology as well as a next generation Market Timing Algorithm.

John Grace and Albert Perrie, a combined 38 years of Forex trading experience, have produced the unthinkable: a Forex robot that sees into the immediate future (2-4 hours) with 95.82% Accuracy.

They call their new invention RCTPA = Reverse Correlated Time And Price Analysis.

How can it "see into the future" with a high accuracy rate?

It is possibly to accurately see future market behavior with such degree of accuracy rate only if you are aiming at a short period of time, i.e. 2-4 hours forward.

This 2-4 hour window is all the robot need. Forex MegaDroid bases all its strategy in very short time frames. It is a scalper rather than a day or medium term trader.

RCTPA and the integration of advanced Artificial Intelligence has allowed this robot to push the boundaries further than any industry expert has ever thought possible.

Forex MegaDroid has a unique built-in mechanism that allows it to be undetected by Forex Brokers. Some unscrupulous Forex brokers will raise the spread on the currency pair you are trading during specific hours the robot trades (making the robot not profitable anymore). With this “Broker Buster” mechanism, no Forex Broker in the world will ever know you are trading with Forex MegaDroid, no Forex Broker will ever be able to stop Forex MegaDroid from at least quadrupling every dollar you deposit!

On entirely default settings, Megadroid is pretty unremarkable and doesn’t trade very often at all. But they are good trades.

Trading with FAPTurbo...

When trading FAPTurbo and MegaDroid together I would not recommend trading MegaDroid and the FAPTurbo long term strategy at the same time because both of these trade the EURUSD and would have significant correlation risk.

Trading MegaDroid’s EURUSD along with the FAPTurbo EURGBP or EURCHF scalper pairs is actually a fairly good strategy because, although they all share the EUR in their currency pairs, the USD is by far the dominant pair not the EUR so the common EUR does not create too much correlation at all.

Overall, we are very impressed with Megadroid and it has proven itself over a fairly long period of time to be consistent and profitable with real money accounts.

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