The most advanced, automatic, and successful FOREX trading software available today.
Have you become interested in foreign currency trading with its proven potential to make substantial profits? And have you heard about all the FOREX trading tools out there claiming to be the best?
Then listen up.
We've looked at five of the really good FOREX robots and come up with the clear winner.
FAP Turbo has taken the proven workhorse of EA's, Forex AutoPilot, and enhanced it with powerful new features.
Check out the full review here, and compare it to the other top FOREX trading systems. Or you can go directly to their official website and see for yourself everything it can do.
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Forex Megadroid Review
from Forex Megadroid.com
Overview
Forex Mega-Droid is a fairly new addition to the A.I. (artificial intelligence) category of Forex robots. Artificial Intelligence is claimed to overcome the main flaw in regular Forex robots: the static algorithm. A static algorithm is by its nature constant. This means that while it can produce excellent profits, it is vulnerable to changing market conditions. Its algorithm always runs the same way. This may cause losses in certain cases. On the other hand, an Artificial Intelligence (A.I.) trading program like Forex MegaDroid is capable of "learning" from the market and tweaking the way it trades according to what the market is doing. It isn't static. It's much more flexible.
As well, it is driven by what is called RCTPA, which stands for Reverse Correlated Time & Price Analysis. What RCTPA does is use time analysis combined with price quotes data to produce a forecast of how the market is going to behave in the next 2-4 hours (more than that would hurt the accuracy).
It is also the first robot that has a "Broker Buster Internal Mechanism"... this mechanism allows it to be virtually undetected by Forex Brokers. Some unscrupulous Forex brokers will raise the spread on the currency pair you are trading during specific hours the robot trades (making the robot not profitable anymore). With this “Broker Buster” mechanism, no Forex Broker in the world will ever know you are trading with Forex MegaDroid.
The Forex Megadroid Robot was created by John Grace and Albert Perrie. Both very experienced forex marketers with a combined in-field experience of 38 years. It is currently receiving a lot of interest in the marketplace.
Price: $149.
Pros
- 8 years of testing since 2001 show a very high successful trades ratio (about 95%) and consistency in the long term.
- Claimed great support system.
- Demo account available.
- 60 Day money back guarantee.
- Easy installation. You just need to download a file.
- Provides an option to get the MT4 EA trading platform already installed.
- Designed to provide extreme accuracy in each market condition studied.
- Claims to have a “Plug & Play” concept that is conducive to inexperienced traders.
Cons
Not many to speak of aside from the following:
- Rumors on Forex forums that Mega-droid is actually a rip-off of Forex Android, a free product. Once again, rumors.
- Contrary to the claim that the system is totally “plug & play, in reality to get the most out of Forex MegaDroid you will need to have some understanding of Forex trading.
TESTIMONIALS
“I have been studying Forex for the past few months and happened to hear about this robot. I decided to give it a try considering the money back guarantee. I have been trading on different Demo accounts using different dep. amounts and I am amazed at how well this thing does. I let it run all night last night and out of 56 trades it lost on 2. I'm planning to go live soon but also plan to continue my education so that I at least feel I know something about the trades, trends, and how Forex works. I'm very excited at the possibilities using this.”
From a user post on squidoo
“Every single day I come home I’m just amazed at how much money this thing is making me. To be honest with everyone, I had serious doubts this would work and that’s the main reason I funded the account with only $500. Since I started this blog on April 7th, Forex MegaDroid has more than doubled my original account balance.”
From user post on www.forexmegadroiding.com
SUMMARY
Forex Mega-droid is interesting in that it has the claimed ability to “look into the future” aided by its “artificial intelligence.” These two “features” you can take with a grain of salt and accept as just another marketing ploy. The program implies that it trades looking into the future, but it is based on its “learning” from what has happened in the past, so it kind of contradicts itself. Regardless, the explanation and reasoning behind its reported success seems sound.
As mentioned above, the Forex Android ripoff is a little troubling, but since there is no real proof of this it can be taken with a grain of salt, too. And once again, this program is not a guarantee of effortless wealth with its claims that absolutely no Forex knowledge is needed. We all know better than that…you don’t get something for nothing.
So because of its unique ability to adapt to the near future coupled with the positive user feedback, it looks like one could make good use of this product.
Is it better than FAP Turbo? What do you think?
Have you used this product?
If so please leave a comment below.
