HomeDaily ResultsMegadroid Results: Mon 12th Aug 2013


Megadroid Results: Mon 12th Aug 2013 — 6 Comments

  1. Hi Richard,

    I am a new user to MD. Have you discovered an optimal time to leave the bot running? I am trading from the UK during UK market hours, do you reckon it is best to leave overnight or 24/7 for optimal results?


  2. Hi Mike,

    Megadroid only places trades between 4PM and 6PM EST (NY time) Monday to Thursday, and only if there’s a trade signal in those time windows.

    It won’t place trades outside those times.

    If a trade is opened, it’ll stay open from a few minutes up to 12 hours. Usually trades close out before 1-2 hours.

    Right now we’re barely getting any trade signals, and therefore very few trades, because EUR/USD is currently trading in a very tight range in the 4-6PM time window. These quiet periods happen from time to time. It’s impossible to know when they’ll start and end.

  3. Dear Richard,

    Is there a possibility that the Megadroid team deliberately crippled the Megadroid algorithm only that they could sell the less popular Pipjet?

  4. Hi Charles,

    Megadroid’s not placing many trades this month because the EUR/USD is barely moving in the 4PM to 6 PM EST time window. You can see that on the charts.

    Megadroid is a reversion to mean type strategy, so it needs some movement to place a trade. We’re not getting that movement in that time window right now.

    This could change at anytime.

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