Greetings fellow forex traders. I hope the market is treating you well. Today’s post is going to be short and to the point. As you may or may not know, I’m a big fan and user of automated (aka expert advisors – EA) forex trading systems, and I’m always on the lookout for new EAs to play with. So after hearing some very positive comments about the Forex MegaDroid EA in this thread over at the Forex Nirvana forum I thought I’d jump in and join the fun, so I grabbed myself a copy.
I’ve got it attached to a EUR/USD H1 chart on a live FXDD account and I’m ready to hit the markets. From what I’ve heard this EA needs the spread to be as low as possible so a bit later on I’m thinking of moving the testing over to a MB Trading MT4 account or perhaps just leaving this FXDD account run and also install it on the MB Trading MT4 account as well – basically testing with two live accounts. I haven’t decided over this yet, so for now all my testing shall be on the FXDD live account only. Now, as far as settings, I’m using all the default settings except I’ve got it set to to conservative mode – I’ve turned the “aggressive” mode off.
If you’ve been following my blog for a while you already know how I like to do things. After some extensive testing I will write a full review and along the course I will post regular performance updates.
Wish me luck!
Some useful links:
2) Forum thread where you discuss this EA
Cheers,
Alan
Hi alan, I had countless review of the EA that is available out there. To be honest all of the traders are looking at numbers of protfitable trade vs losses. I have found one that had consistently perform over time.
Here is the link http://www.esatrader.com.
Regards, Lau chee thiam
Hiya! I know this is kinda off topic but I’d figured I’d ask.
Would you be interested in exchanging links or maybe
guest writing a blog article or vice-versa?
My blog covers a lot of the same subjects as yours and I think we could greatly benefit from each other.
If you might be interested feel free to send me an email.
I look forward to hearing from you! Excellent blog by the way!
Sure why not. Just go to “About” at the top and e-mail me with your link info and I will e-mail you back with mine.