Forex Megadroid Review

Reviewer: John Jackson
Rating:
Type Of Trading Strategy: Automated Trading - Low Volume
Website Reviewed: http://www.forex-megadroid.com

Please note: Unlike other so called "reviews" that you find online, I have actually BOUGHT and USED Forex Megadroid and this review is based on my experiences with the strategy.

I like Forex Megadroid.

Actually, I like it a lot. It has proven to be a profitable, hands-off strategy, so what is not to like?

Forex Megadroid is an automated forex trading strategy. It consists of an Expert Advisor (EA) that you attach to a Metatrader EURUSD chart and turn on. That is it! Ok, you can play around with a few settings, like how much money you want to risk per trade, etc. Standard stuff.

But where Forex Megadroid is different from other EA's (and the reason I like it so much) is that it does not "force" trades, meaning that it will only trade once its very strict criteria is met. Where other EA's might trade 4-10 trades per day, Forex Megadroid cherrypicks its trades and you might get 1 trade per day or less (at least it does on my account).

Click Here To Visit Forex Megadroid

Why are these few trades better than lots of trades? Two reasons:

1) The success rate of these trades are extremely high (I have been seeing 94%) so the returns are excellent.

2) If I trade does make a loss the drawdown is generally a lot less than what I specified my maximum loss should be. So for example if the EA puts a stop loss at 50 pips, it might actually exit the trade after only 15 pips drawdown. This means that I am not too worried about entering a maximum drawdown of up to 10% of my account, so the trade sizes will be larger which means more profit!

Because it has such low volatility and as your trade size is a % of your account the power of compounding really turbo charges your returns. (you do know about the importance of compounding, right?)

I cannot really say a lot more about Forex Megadroid. As it is an automated trading system all you have to do is download the EA, attach it to the EURUSD chart and keep the chart open. Slowly but surely you will see trades (it took 3 days before my first trade) and at the end of the month your account will look a whole lot better!

Which brings me to another point: If you are looking for a stable long term income, then get Forex Megadroid. If you are looking for loads of trades daily and check your account every hour, then this one is probably not for you.

The best recommendation I can give Forex Megadroid is that this is one of only two EA's I currently use (the other one is FAPTurbo).

So what do you get with your purchase?

You get the Expert Advisor and a very comprehensive PDF manual. Have a look at the table of contents to see all the subjects it covers:

I strongly recommend that you add Forex Megadroid to your trading strategies. It might not be that flashy, but it certainly makes money!

Click Here To Visit Forex Megadroid