Forex MegaDroid

- April 16, 2009

Kickin’ Ass and Takin’ Names!

Win Ratio: 92.3% - Total Profit: $197.96

First off, I apologize for the lack of updates over the past few days, but now that and I’m back in action I have only one thing to say about Forex MegaDroid at this point… WOOOOOOOO!!

April 16th Forex MegaDroid Statement

I already know the question the majority of you are going to send to me, and no, I did not change the settings or do anything to the robot whatsoever; it has been running exactly the same as the day I first loaded it up, risk tolerance and everything. Was the market extra volatile? Did Forex MegaDroid just happen to show its true colors? I honestly don’t have an answer for you guys, but you can bet your ass I’m not complaining about it.

This is just something I wasn’t expecting. On the 14th, the bot only took one trade, but bumped it up to .5 lots (it must have really like the set up) and on that trade alone I banked $46.90. Yesterday and today seemed like it was normal trading, however I noticed on some trades the bot was only in the market for a few minutes before it exited. I talked with a couple of other people about this to see if they experienced the same increase and surprise surprise, all of those who are running the default settings like I am had the same outcome. Do you guys see a trend developing here?

I’m gonna say this again for all of you currently running the bot: changing the default settings, from what I’ve seen so far, appears to decrease the win ratio. It makes sense, and you can read my other post to see my thoughts on the subject.

Next week I’ll most likely be increasing my risk tolerance. I have so much confidence right now you guys I feel on top of the world, which I know can be a bad thing because when you feel invincible, the market can slap you back to reality rather quickly. But, it is a test account, and I’m planning on pushing Forex MegaDroid to its limit. Everyone reading this, thank you, have a wonderful evening, and as always check back for updates!

  1. 5 Responses to “Kickin’ Ass and Takin’ Names!”

  2. Hello, so you didn’t change the risk either?
    Risk: 0.05 (Default- 0.00)

    By risk on Apr 16, 2009

  3. The risk tolerance is the only thing on the bot I do change, along with the ‘GMTOffset’ and ‘AutoGMTOffset’ settings. Everything else is set to default.

    By admin on Apr 17, 2009

  4. how u can get the 0.0000 SL? can u please detailed me, last whole week my robot wont trade and there is any setting to change either than risk 0.35? really need your assist. thanks.

    By red on Apr 18, 2009

  5. Hi again Jim,

    I have still had no trade but then it des say the droid does not trade on Fridays. Can you let me know exactly wha you have set your ‘GMTOffset’ and ‘AutoGMTOffset’ settings to? That may be my probem.

    cheers

    By Adam on Apr 18, 2009

  6. @red - I think setting the SL at 0.0000 is just something the bot normally does. To change your risk setting though, go into the MegaDroid settings, click on the ‘Inputs’ tab, and change the ‘RiskLevel’ value to 0.35 or whatever percentage you want.

    @Adam - Yeah the bot didn’t trade for me on Friday either and I just found out about the no Friday trades thing. Sure, they are below:

    GMTOffset: -4
    AutoGMTOffset: false

    Hope this helps :D

    By admin on Apr 18, 2009

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