Hmm, well, it seems I have to give up trying to use Forex MegaDroid on FXDD. This broker just plain sucks for use with Forex MegaDroid due to the constant high spread during the Asian trading session (when Forex MegaDroid does its trading). I gave it a fair try and waited a week but I constantly get safe spread limit exceeded errors. Check them out:

2011.12.11 17:53:28 MegaDroid EURUSD,H1: Strategy2: Safe spread limit normalized: spread = 28
2011.12.11 17:53:25 MegaDroid EURUSD,H1: Strategy2: Using DayDirection filter
2011.12.11 17:53:25 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 45
2011.12.11 17:53:24 MegaDroid EURUSD,H1: Strategy2: Using DayDirection filter
2011.12.11 17:53:24 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 41
2011.12.11 17:53:21 MegaDroid EURUSD,H1: Strategy2: Safe spread limit normalized: spread = 37
2011.12.11 17:53:20 MegaDroid EURUSD,H1: Strategy2: Using DayDirection filter
2011.12.11 17:53:20 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 44
2011.12.11 17:53:11 MegaDroid EURUSD,H1: Strategy1: Safe spread limit normalized: spread = 43
2011.12.11 17:53:07 MegaDroid EURUSD,H1: Strategy2: Using DayDirection filter
2011.12.11 17:53:07 MegaDroid EURUSD,H1: Strategy2: Safe spread limit exceeded: spread = 57
2011.12.11 17:53:07 MegaDroid EURUSD,H1: Strategy1: Using DayDirection filter
2011.12.11 17:53:07 MegaDroid EURUSD,H1: Strategy1: Safe spread limit exceeded: spread = 57

So this is a heads up to all of you who are thinking of using this expert advisor on FXDD. I would suggest you look elsewhere for a better broker. I am going to close my FXDD account in a few days and look for another broker. I’m not sure which broker I will choose but I have my eyes on FinFX which has been lauded as a good broker to use with Forex MegaDroid.

I’ll keep you all up to date.

Cheers,
Alan





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Time:
Monday, December 12th, 2011 at 7:37 pm
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Brokers, Expert Advisors, Forex Robots
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