There has been quite a bit of buzz circulating online about a powerful new trading robot, capable of reaping in very consistent profits each and every week. The program is called ForexMegaDroid, and it works as an Expert Advisor (EA) on the MetaTrader trading platform. In this Forex MegaDroid review, we will take a closer look at what all the excitement is about, and hopefully cut through some of the hype to bring the straight facts about the system.

Forex Mega Droid was founded in early 2009 by Albert Perry and John Grace, who used their combined 38 years of experience in the currency markets to come up with the formula for the EA. They wanted to create a program that could quickly and easily adapt to the ever-changing market conditions, and thus they created an algorithm using their proprietary ‘market adapting intelligence’ strategy.

For the most part, automated trading robots have not been able to adapt very well to changing market conditions, due to the fact that they mostly create trade setups based on past market data. So if John and Alberts program could effectively evolve to fit the present market conditions, it would be one of the first of its kind. If it could really learn from the markets in real-time and then apply that knowledge to make ‘adapted’ decisions in the future, that would be quite remarkable. In a sense, this type of system could take on a form of artificial intelligence when applied to the Forex market, and allow the trader to be able to trade effectively through ranging or trending markets, and even when there is a high degree of volatility and unpredictability.

On the the website, they claim that the EA is over 95% accurate in getting winning trades, which for obvious reasons, is very attractable many people. However, when compiling this Forex Mega Droid review, we wanted to understand how the program generally sees trade opportunities, and what those trades typically look like.

Right away you will notice that this is not a swing or position trading system, but a system designed to hold trades for a shorter period of time. The program is most effective trading the EUR/USD pair, and that is what is recommended to users who wish trade trade the system. Using ‘reverse correlated time and price analysis’ (RCTPA), Forex MegaDroid trys to predict what the market will do over the next few hours and create trade setups based on that analysis. This generally results in there not being a lot of trades in a given week, but the ones that are issued by the program, have a very high probability of success.

So how is it working so far for users trading the live markets? Based on the reviews and live statements posted online, it seems to be doing very well, with most people reporting over 90% winning trades. There seems to be quite a bit of excitement in the discussions forums and not a whole lot of negativity in regards to the systems performance. This is a very good sign, and although this is a very new program, it certainly seems to be showing a lot of promise in these early stages. In the weeks and months ahead, we should know even more about this robots potential to be profitable over the longer-term.

As a word of caution, if you are considering using Forex MegaDroid, you should note that quite a bit of patience will be needed when trading the system. The software looks for almost-perfect trade setups, and as a result it can go several days without actually issuing a buy or sell signal. Don’t get upset or think there is something wrong with your account if it has been a few days without a trade. The key with this system is not to show a lot of market action, but to show a lot of consistency. Over time as you let the droid do its thing, you should see consistent growth of your trade equity. On average you can expect the system to make about 10 trades per week, but each week is different and should be treated as such.

The good news is, once you setup the program there really is no need for you to be around. Since the trades automatically open and close for you, after the initial setup, it becomes a 100% hands-free system. The only time you would need to change something is if the developers issue an software update, or you want to change your money management strategy (if you want to trade more or less lots).

In our opinion, Forex MegaDroid is an auto-trading EA worth checking out, and especially at the price that it is currently going at. It is expected that the price will rise very soon so keep that in mind if considering this system. Click here to see the current price.

In the weeks and months ahead, we will be updating this page with important system information, performance verification, and other news related to this system. Come back often to stay on top of everything related to Forex MegaDroid.

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