HomeDaily ResultsMegadroid Results: Tues 14th Feb 2012


Megadroid Results: Tues 14th Feb 2012 — 13 Comments

  1. Fxdd closed S1 trade for .1 pips.
    FinFX S1 trade closed for .1 pips.

    Not sure why the Finfx trade closed. Looks poised to drop lower.

  2. I would like to know what SL and what PT MD sets for S1 and S2 strategies (in pips). Anyone? It seems to me that one could take trades with a better risk:reward ratio during a live drawdown. If the trade is in a drawdown why not take another position at this better price and use the MD trade’s SL and PT levels. Anyone got stats on this strategy? I am making the assumption that the win rate is still 90%, but this may not be strictly true for a trade that is in huge DD. You would have to adjust your initial risk levels to cater for the possibility of an extra trade.

  3. ATC -> 1.5 pips.
    Fxcbs -> 0.5 pips.

    About TP, as I know, TP(10-15 points at the beginning) decreases during to zero next 12 hours. The point is, if trade did not close in first hour it is incorrect signal and MD have to close this trade as soon as possible on zero level(no loss level).

  4. HELP PLEASE. I bought the Megadroid, but i`m unable to make it work. I tried several combinations, and it doesn`t work. I´m thinking about give it back. It´s running in a demo account with ThinkForex.
    Can anyone help me.

    MUCHAS GRACIAS. (thank you very much)

  5. Hi Ricardo,

    It sounds like Megadroid isn’t installed correctly on your MT4 platform

    Make sure…

    1. The “Authenticated” message is displayed on the chart. Make sure you’ve entered your ClickBank receipt code correctly.

    2. The Megadroid EA is attached to a EUR/USD chart set to the 1 hour time frame

    3. Make sure there’s a “smily face” on the upper right corner of the chart. That means the EA is running

    4. The MT4 platform is running between 4PM and 6PM EST (NY Time) because that’s when it places the trades

    Also check the MT4 terminal log messages under the “Experts” and “Journal” tabs.

    If your still having problems getting it running, it would be worth contacting support@forex-megadroid.com

    They’ll be able to help you.

    You can also find detailed installation instructions in the manual: http://forex-megadroid.com/access/MegaDroid.pdf

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