HomeDaily ResultsMegadroid Results: Tues 4th Jan 2011


Megadroid Results: Tues 4th Jan 2011 — 4 Comments

  1. Hi Richard,
    Great Site – My trades mirror yours exactly on my Alpari Pro Account. One thing I hear is that Megadroid learns the longer it trades for – Is there any truth in it?

  2. Hi Jdog,

    Thank you for the encouragement!.

    Megadroid learning?

    I highly doubt it.

    Megadroid places trades based on various technical indicators and all technical indicators inherently have some degree of “look-back”. For example a 20 SMA will look back 20 time periods, but I’m not sure if that constitutes learning.

    To me “learning” implies some sort of adaptive neural-net type model, which is way beyond the computational capabilities of MT4.

  3. Thanks Richard – I guessed as much. However I can’t fathom why Megadroid never took the trade on 25th November on my Alpari acount – which suffered a 50+ PIP loss for most users? (I’m not complaining though!)
    All my other trades are exactly the same as your site indicates?

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