Forex Megadroid

⭐ FOREX MEGADROID REVIEW

Foreign Exchange Robot: Forex Megadroid

Software Programmer: John Grace / Albert Perrie

Scalping: Using RCTPA (Reverse Correlate Time and Price Analysis) in the H1 timeframe

Forex Pairs: EURUSD only

Trading Platform: MetaTrader-4 / ZuluTrade

License: 1 Real Account License

Pricing: 82 USD

» Forex Megadroid Website

📋 INTRODUCTION TO FOREX MEGADROID

The Forex MegaDroid is a Forex robot that scalps exclusively on the EURUSD pair. It was initially released in 2009 by John Grace and Albert Perrie.

⚙️ FOREX MEGADROID ALGORITMH & SETTINGS

The Forex MegaDroid uses RCTPA, which stands for Reverse Correlated Time and Price Analysis. RCTPA is designed to trade under any market conditions using the H1 timeframe. This technology enables the robot to operate with a loss-minimization strategy across various market environments.

🔧 SETTINGS

The Forex MegaDroid continuously adjusts its parameters in response to evolving market conditions. Below are some key default settings:

(1) Stealth Mode = True – This feature helps avoid potential price manipulation by Forex brokers by hiding stop-loss and take-profit levels.

(2) Slippage = 3 – Defines the maximum acceptable deviation (in pips) between the intended order price and the actual execution price.

(3) Lot Size = 1 – Sets the default maximum lot size per trade.

(4) Risk Level = 0 – Indicates the percentage of the account balance to be risked per trade. For example, a setting of 0.05 means 5%, while 0.1 means 10%.

(5) Recovery Mode = True – If enabled, the robot will increase the lot size after a loss to recover previous drawdowns, continuing until it reaches the pre-loss account balance.

» The Forex Megadroid

✅ FOREX MEGADROID REVIEW PROS

◘ Forex Megadroid has a good record of historic Backtesting Results

◘ Forex stealth mode (check above)

◘ Trade loss minimization (be aware that this feature may end up in very risky trading)

◘ Designed to manage high volatile Forex markets

◘ Forex Megadroid offers an Easy Setup

◘ Cheap to buy it and a 60-Day Money-Back Guarantee

❌ FOREX MEGADROID REVIEW CONS

◘ The Forex Megadroid algorithm is designed to execute only a few trades per week

◘ Forex Megadroid trades only EURUSD

💭 FOREX MEGADROID REVIEW CONCLUSIONS

The Forex MegaDroid is designed as an Expert Advisor for MT4 and ZuluTrade. The robot trades exclusively on the EURUSD pair under all market conditions. It has demonstrated a positive record of historical performance. While the robot offers a range of adjustable parameters, caution is advised when modifying default settings to avoid increasing trading risk (refer to the basic parameters above). Forex MegaDroid is priced at $82 and includes a 2-month money-back guarantee.

» Forex Megadroid Web

◙ FOREX MEGADROID REVIEW

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