Forex Megadroid team has published these comments about Megadroid’s losing trades:
I think you might be interested in such official blog post.
Hello my readers.
I’m sorry that I’m posting this message 3 month after it has been released, but I was quite busy last days.
I’m now the beta tester of Forex Megadroid Members Area! I will tell you more about it, when I will be allowed to
So what did they change in 1.38: Continue reading “Megadroid v1.38 released” »
I had this problem when I was updating MegaDroid to version 1.35. I even asked support about that. But then I was really happy because that was just my mistake during update.
To update, I recommend you to use manual installation instead of automatic installer. You need two files: MegaDroid.ex4 and MegaDroid.dll. Follow these steps:
I have found from forums that some people are having problems with 1.35 version on VPS.
I asked support and they told me that this problem is solved by special dll file, used instead of standard one. If you create a support ticket here: http://forex-megadroid.com/support/ they will help you and send needed dll that fixes the problem.
Good luck with new version! If you have problems with installation/update, please leave your comments and I will try to help you!
As I promised, Forex Megadroid team released new version today. The version is 1.35.
That’s good news to hear, coz there we were waiting for update for almost a year.
This is a text of Update E-mail:
Continue reading “New Forex MegaDroid version 1.35 has been released” »
Everybody knows that the higher the risk the higher the profits. But someone just doesn’t realize that the risk of 50% (0.5) is a possibility to lose half of the deposit with a single trade. Of course you will have great results with MegaDroid, but sometimes it loses and they will be really disappointed at that moment.
I will explain you how to calculate possible loss depending on the risklevel:
Pip value: 0,0001 (4-decimal quotes)
Lot formula is:
There are some days during the week, when you should not expect Megadroid to open a trade.
They are: Friday, Saturday and Sunday. MegaDroid will never open a trade on Friday or late Sunday, when Forex is online, and it will obviously not open a trade during weekends, because this is impossible
Regarding the trading time: MegaDroid usually opens trades during the period of 2-3 hours after 5-6 PM EST.
P.S.: I do not recommend to disable Megadroid for some specific period, even if it is not trading during that period. As I know MegaDroid uses some indicators that collect history to generate signals then.