FOREX Megadroid Review
Forex trading is very appealing because the potential for profits is very high. The problem is, it’s easier to lose money than it is to earn money! FAP Turbo aims to solve that problem with automated software that the makers claim anyone can use.
Forex Megadroid is probably the only forex robot that has successfully mimicked how the successful traders trade.
Great traders are patient, they trade high timeframes, they only like great reward-risk entry points. Forex Megadroid has all those attributes.
The closest forex robot that follows is FAP Turbo. However, Forex Megadroid, has overtaken FAP Turbo as the king of Forex Robots.
It has a very high winning probability. In fact, we have seen many statements with ZERO loss.
It is amazing but it is true. Even losses are capped small and the wins have easily outshone them.
Strengths
1. Forex Megadroid is unlike most robots that use a 1 minute entry point. It uses a 1 hour timeframe to trigger its entry.
This means instead of trying to take a trade every time, it acts like a predator waiting patiently for its kills.
2. That’s why it has a very high winning rate. One of the highest I ever seen among forex robots.
So far the live and backtest results proves that such strategy works well.
3. With a different style and patient approach, Forex Megadroid is a good tool to diversify your current trading portfolio.
Weaknesses
1. Only trades the EUR/USD. For some people that is probably a drawback. The reason for this is that it's a very stable and well traded pair. So the spreads are very low no matter what broker you use.
2. It only trades when your computer is on. So you have to leave your computer running during the trading times which are from roughly 3pm Eastern (7pm GMT) to 8pm Eastern (12 midnight GMT).
3. Customer Service from Forex Megadroid can be a bit slow. They do actually answer emails; however, it does take 2-3 days for them to reply.
Visit Official Site! |