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I've got to say that I'm getting really fed up with the morons on this forum who only know one word - "scam"!
If any of these gifted product reviewers had the brains to develop something useful then I'd be more than surprised so to all of the half-wits out there complaining about MegaDroid, FAP Turbo and the other decent robots being sold:
1) learn how to use the product PROPERLY
2) do some proper research
3) trade it live and as per instructions
4) quit complaining about EAs not making trades after 3 hours
5) quit complaining about small profits - a profit is a profit!
6) when you can out-perform the robots, tell us - if not, keep quiet
Now, as I'm a happy owner of MegaDroid, let's put some meat on the bones...
1) I can match the results on their sales page EXACTLY - same trades, same winners, same losers
2) I've not had a SINGLE losing trade on my live account so far
3) I've been answered quickly and courteously when I've requested support
Does it trade every day?.. No! Do I care?... No! - I'd rather have 10 winners for the month than 50 trades with lots of losers.
Would I trade it with the likes of IBFX?... No! - they play too many games with the spread to risk a scalping bot in my opinion... even trading majors.
Why do you think that the system only trades EURUSD? Because each currency pair has its own personality - a system that works on EURUSD is NOT going to work reliably on GBPUSD, USDCHF, etc. - they all act differently - this is not some great secret... it's part of Trading 101! Is this "suspicious" as some bright spark commented earlier? - of course not, it's the most sensible, logical thing in the world.
Does it trade within a 2-hour window? NO!... it does just seem to trade the overnight session but it DOESN'T stick to a 2 hour window as someone stated in an earlier post. Having said that, I wouldn't care if it did - I'm looking for accuracy and profit... if I want excitement then I'll go to Vegas.
Finally, I'll apologise if this seems like a bit of a rant but I know that lots of potential purchasers of products like MegaDroid, FAP Turbo, etc. will have been scared off by the unfounded, inaccurate, misleading and, at times, blatantly stupid remarks made by "experts" in threads like this one who, in reality, probably can't even fry an egg without assistance and I find that very sad because these misled souls are missing out on some good pips.
I've got to say that I'm getting really fed up with the morons on this forum who only know one word - "scam"!
If any of these gifted product reviewers had the brains to develop something useful then I'd be more than surprised so to all of the half-wits out there complaining about MegaDroid, FAP Turbo and the other decent robots being sold:
1) learn how to use the product PROPERLY
2) do some proper research
3) trade it live and as per instructions
4) quit complaining about EAs not making trades after 3 hours
5) quit complaining about small profits - a profit is a profit!
6) when you can out-perform the robots, tell us - if not, keep quiet
Now, as I'm a happy owner of MegaDroid, let's put some meat on the bones...
1) I can match the results on their sales page EXACTLY - same trades, same winners, same losers
2) I've not had a SINGLE losing trade on my live account so far
3) I've been answered quickly and courteously when I've requested support
Does it trade every day?.. No! Do I care?... No! - I'd rather have 10 winners for the month than 50 trades with lots of losers.
Would I trade it with the likes of IBFX?... No! - they play too many games with the spread to risk a scalping bot in my opinion... even trading majors.
Why do you think that the system only trades EURUSD? Because each currency pair has its own personality - a system that works on EURUSD is NOT going to work reliably on GBPUSD, USDCHF, etc. - they all act differently - this is not some great secret... it's part of Trading 101! Is this "suspicious" as some bright spark commented earlier? - of course not, it's the most sensible, logical thing in the world.
Does it trade within a 2-hour window? NO!... it does just seem to trade the overnight session but it DOESN'T stick to a 2 hour window as someone stated in an earlier post. Having said that, I wouldn't care if it did - I'm looking for accuracy and profit... if I want excitement then I'll go to Vegas.
Finally, I'll apologise if this seems like a bit of a rant but I know that lots of potential purchasers of products like MegaDroid, FAP Turbo, etc. will have been scared off by the unfounded, inaccurate, misleading and, at times, blatantly stupid remarks made by "experts" in threads like this one who, in reality, probably can't even fry an egg without assistance and I find that very sad because these misled souls are missing out on some good pips.
I have been testing megadroid EA for couple of days. attached see the results with 0.1 risk and 0.2 risk..
I am testing this EA on 1m,5m,and 1 H time frame at the same time. It seems the order entry and end exits to happen at the same time on all time frames.
I also have it trading on an other platform with 0.2 risk. strangely enough it only did open trades on 1H and 15 m and not 5m once and the second time it only did open one trade on 1H the same time as other platform but it did keep the trade open after the other one with a lower risk had close the trade with a loss.
The vforce is a good setup..that vforce v2 ea looks good..
can someone who knows this ea, can you share your set
file please that you feel is as good as or better than the
magic machine rip off results? I really greatly appreciate
your assistance!
Do not waste your time and/or money on the Forex Transformer EA which launched yesterday.
I've discovered that it is actually just a rebadged version of the pretty dreadful Forex Conqueror EA that was launched earlier in the year - the ONLY difference is that all parameters (except Trailing Stop) have been hidden - you can't even specify the lotsize to trade!!
Both incarnations backtest terribly so save your money and steer clear!
As part of my ongoing set of reviews in Project 10, I thught I would have a look at FAP Turbo. FAP Turbo is one of the latest in a series of heavily hyped expert advisors to hit the market. In a previous review, I looked at its predecessor product Forex Auto Pilot System (FAPS), and in this review I will unpack the genesis of FAPS.