Donna Forex Forum

Systems (EA's and manual), and Managed Accounts => EA's (automated systems), and associated items (VPS, support/questions) => Topic started by: iceman02 on October 07, 2009, 09:00:06 AM

Title: MegaDroid...
Post by: iceman02 on October 07, 2009, 09:00:06 AM
For some reason the other megadroid thread doesnt let me reply.


Anyway my question is has anyone seen their MD trade oct between dates 3-7?

For some reason md didnt trade for me 3-7 of oct.
Title: Re: MegaDroid...
Post by: ingonicole on October 07, 2009, 09:23:19 AM
I also dont get any trades this week with ADT overlap setup and Vers. 1.21

I was wondering to see Donna did some trades. Is she using the overlap setup too, or does she my use the Jamesmod?
Title: Re: MegaDroid...
Post by: jenks on October 07, 2009, 09:27:55 AM
I had one trade Monday on the +4 which was stopped out.  I had another last night which closed at break even, but it all seems a bit quiet if you ask me!

Jenks
Title: Re: MegaDroid...
Post by: ingonicole on October 07, 2009, 09:29:32 AM
Maybe a bad timing vor the update to 1.21....but before it worked very nice
Title: Re: MegaDroid...
Post by: bart on October 07, 2009, 09:38:26 AM
For me also no trades on Monday nor Tuesday at default, -2 and +4...
Title: Re: MegaDroid...
Post by: ingonicole on October 07, 2009, 09:44:13 AM
I also used default, -2 and +4.

Iam happy that it did not trade on monday :-) but crazy to have no trade in 2 days
Title: Re: MegaDroid...
Post by: wilsonch on October 07, 2009, 10:23:22 AM
i've got one profit today.. opened in +6 chart.. its been awhile MD didn't trade..
Title: Re: MegaDroid...
Post by: ingonicole on October 07, 2009, 10:26:04 AM
so it sounds like many guys dont have trades in default, +2 and +4.

@wilsonch
how is your +6 performing?
Title: Re: MegaDroid...
Post by: robinkm on October 07, 2009, 04:00:03 PM
as for me since the 2nd oct 1trade each on my alpari micro and activetrade accounts, both on the 7th on the GMT+8 chart

/robin
Title: Re: MegaDroid...
Post by: hammy on October 07, 2009, 04:15:07 PM
Both MD and FT48 are not trading much anymore, it's like they are obsolete ?

Donna, do you know if it is still possible to get a refund on MD and FT48 if you have had them more than 3 months ? Thanks !
Title: Re: MegaDroid...
Post by: robinkm on October 07, 2009, 04:18:13 PM
well my biggest disapointment is fapturbo and if i can get a refund on my two licenses let me know!! ;D
Title: Re: MegaDroid...
Post by: SquareRoot on October 07, 2009, 05:38:49 PM
No trades here ... trading default and -2
Title: Re: MegaDroid...
Post by: tlbone on October 07, 2009, 08:39:31 PM
anyone going to be brave enough to chance trading thursday night ?... ::)
Title: Re: MegaDroid...
Post by: Rinus on October 07, 2009, 10:04:37 PM
Megadroid Pro just added 8% to my demo account in a single trade.
I trade the USD/CHF and it is a great currency for Megadroid Pro.
Title: Re: MegaDroid...
Post by: Trade It Easy on October 08, 2009, 01:24:53 AM
so it sounds like many guys dont have trades in default, +2 and +4.

@wilsonch
how is your +6 performing?
Both MD and FT48 are not trading much anymore, it's like they are obsolete ?

Donna, do you know if it is still possible to get a refund on MD and FT48 if you have had them more than 3 months ? Thanks !
Hi ingonicole,
You are right there aren't many trades with the default settings. I currently trade with 9 charts. My default charts have traded but very little. My -12 chart traded but just unsuccessfully. However my -14, -4, -2, +2, +6 and +12 charts have all been successful :-D which is nice. I am going to turn recovery off now as I am worried I will get hit sooner or later.
To Hammy, don't give up! FapT has been alright for me lately and a little successful on the gbp/chf pair aswell. I find that my most successful pair is eur/gbp traded from 01:10 to 04:59. It seems to always close out in profit. My MD as said above is trading pretty well with multiple charts. Try demo-ing my eur/gbp setup on FapT and MD setup. I set aggressive to false. FapT=TP:3 SL:53 or sometimes 33. At the moment it is between 50 and 70 due to volitility of the markets. It still closes in profit. LRR=15. Custom levels=false, Max spread=5.
Anyway I hope things start to pick up for you. Take care all
Regards
Autotrader
Title: Re: MegaDroid...
Post by: wilsonch on October 08, 2009, 01:27:52 AM
MD has been acting kind of weird after the upgrade.. default chart having less trade, this is normal to me.. but even ADT is like sleeping then is weird..  :P
Title: Re: MegaDroid...
Post by: hammy on October 08, 2009, 01:49:07 AM
Hi Autotrader,

I'm not losing money with FT48 or MD, but I have 3 other robots that are out performing them by alot. FT48 and MD are not making enough to be worth trading, so I would rather get a refund on them. I am also a little disgusted with the games being played by FT Team and MD Team.
In your last post you mention trading EurGbp pair with FT at 1:10 to 4:59 GMT with success. I will try this at low risk to see if it works for me. Thanks !

hammy .. :)
Title: Re: MegaDroid...
Post by: Chip4Pips on October 08, 2009, 03:56:50 AM
I'm not losing money with FT48 or MD, but I have 3 other robots that are out performing them by alot.

And those EAs would be?   :)
Title: Re: MegaDroid...
Post by: hammy on October 08, 2009, 04:24:34 AM
I'm not losing money with FT48 or MD, but I have 3 other robots that are out performing them by alot.

And those EAs would be?   :)

Those 3 robots would be: Robominer, Forex Shocker and Forex Cyclone
Title: Re: MegaDroid...
Post by: ingonicole on October 08, 2009, 06:11:49 AM
got my first MD trade for this week with a 1 pip profit....and when i look at the chart im very lucky ;D

I think the problem is my not the update....it is the market right now....really crazy
Title: Re: MegaDroid...
Post by: Trade It Easy on October 08, 2009, 10:59:22 AM
I'm not losing money with FT48 or MD, but I have 3 other robots that are out performing them by alot.

And those EAs would be?   :)

Those 3 robots would be: Robominer, Forex Shocker and Forex Cyclone
ingonicole I agree it will be a combo of the markets volatility and the strictness of MD. I got 2 trades this morning that took profit at about 1 pip. a profits a profit.
Yeah hammy I had only one trade with my eur/gbp setup this morning but it still gave me a profit of 10+. I agree with Robominer and Cyclone, however I am not so sure of forex shocker. For me it really has been a shocker. Do you trade with different settings? I have the older version 1.0 so the settings may be different. Would you care to PM me about which pair or pairs are the most successful with FS and what your settings are. FS has been a loser so far and id love to make it a winner.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: hammy on October 08, 2009, 02:58:32 PM
Autotrader,

I use Forex Shocker version 1.1
It is very important what pairs to trade with Shocker and it changes sometimes. Right now, I am only trading with UsdChf, GbpUsd and EurGbp. I'm thinking of dropping GbpUsd because I had a SL this week on 2 accounts, and maybe adding UsdCad again. I use the NN settings in the manual for each pair and I trade with 0.30 size lots. Shocker only targets about a 4 pip TP so it should get out of trades quickly. It's SL of 32 isn't too damaging as long as it is a rare occurance.
Title: Re: MegaDroid...
Post by: Colleen on October 08, 2009, 03:50:53 PM
Megadroid 1.21

No trades in over a week... Reverse Correlated Time And Price Analysis (RCTPA) really thinking overtime - and today is Thursday - we'll see tonite or wait till next week...

Colleen ;)
Title: Re: MegaDroid...
Post by: tlbone on October 08, 2009, 08:58:33 PM
next week...mon-u.s. bank holiday...wed-fomc meeting....looks like this month is flushed....too many s/l...hope doesnt repeat next month...even demo is biting the bullet....

also looking into the modB/TP mod....i can rem seeing alot of 3pip trades i wished i could have taken....open up more trading times...ive lost so much just waiting for it to get 6 or even 10 pips.....during these tough trading times thinking quicker get in and out strategy is at hand again.....can just increase risk abit and will be happy with 3pips at a time....
Title: Re: MegaDroid...
Post by: DistraXion on October 08, 2009, 11:02:38 PM
By the way is there any intel inside the members area of MDT when the doors will be open. I really would like to finally add MD with MDT to my portfolio   ;D
Title: Re: MegaDroid...
Post by: dlewisfl on October 09, 2009, 08:16:00 AM
By the way is there any intel inside the members area of MDT when the doors will be open. I really would like to finally add MD with MDT to my portfolio   ;D

ADT Forum is not working at the moment.
Title: Re: MegaDroid...
Post by: tlbone on October 09, 2009, 01:16:24 PM
s/l (tues-6-1:49),(fri-9-1:00) down 124pips for the week....3 weeks of s/l...dont think i can handle a fourth....seems the lower i go on risk the bigger the s/l becomes....strange how that works...
Title: Re: MegaDroid...
Post by: FredForex on October 09, 2009, 03:52:03 PM
By the way is there any intel inside the members area of MDT when the doors will be open. I really would like to finally add MD with MDT to my portfolio   ;D

Same here.
Title: Re: MegaDroid...
Post by: bigknd on October 09, 2009, 05:52:54 PM
By the way is there any intel inside the members area of MDT when the doors will be open. I really would like to finally add MD with MDT to my portfolio   ;D

ADT Forum is not working at the moment.

Bens forum is working fine, It's just been moved as per his email  ;)
Title: Re: MegaDroid...
Post by: tlbone on October 10, 2009, 04:00:18 PM
bigknd....how do you get so many pips on some of your eur/usd trades ?.....most of mine are 10p or less...looks like your using -2,-4,-6,-8,+2,+4,+6,+8 charts....looks like your using all of them so far as i can tell and having good results...im using -2, default(+2), +6 only...ive tried the rest and had no good results at all...these past 3 weeks ive had 4 s/l...very ruff week this week....but im only trading eur/usd....never had any luck at all with fapturbo....md is my last hope and just struggling now to keep above water....your stats help clear up foggy eyes... ;D
Title: Re: MegaDroid...
Post by: bigknd on October 10, 2009, 08:09:18 PM
bigkndivybotmt4stats is MD ADV (ditched ivybot after a Month due to lack of trading) using 0, +2(default) +6 and +8 using Ben's latest settings on Apari UK these are demo accounts though  ;)

I do have a live account which is doing well with a mixture of MD ADV, Fapturbo and ForexHacked.
Title: Re: MegaDroid...
Post by: utah1jazz on October 13, 2009, 02:55:20 PM
My Megadroid EA has not traded in about three weeks so I looked at the Experts tab and I saw this message a few times:

2009.10.13 05:02:05   MegaDroid EURUSD,H1: Strategy1: Safe spread limit exceeded: spread = 45


Does anyone know why it would say that. I am trading on Alpari US. Thanks
Title: Re: MegaDroid...
Post by: erwal on October 13, 2009, 03:21:49 PM
My Megadroid EA has not traded in about three weeks so I looked at the Experts tab and I saw this message a few times:

2009.10.13 05:02:05   MegaDroid EURUSD,H1: Strategy1: Safe spread limit exceeded: spread = 45


Does anyone know why it would say that. I am trading on Alpari US. Thanks

Simple - since the introduction of variable spreads with Alpari, they are manipulating the spread on EURUSD during the Asian session to prevent Megadroid from trading - it won't trade if the spread is too high.
Change your broker if you want to get more from Megadroid.  ;)
Title: Re: MegaDroid...
Post by: utah1jazz on October 13, 2009, 06:12:08 PM
Hi, do you have a broker that you can recommend with Megadroid, I live in the US.
Title: Re: MegaDroid...
Post by: tlbone on October 14, 2009, 03:12:58 AM
ahh yes...another good night for a s/l....
Title: Re: MegaDroid...
Post by: srini on October 14, 2009, 03:26:11 AM
yep. very sad. who knows what happened. That sudden spike literally wasted all the hard work. It was recovering nicely from its drawdown.
Title: Megadroid 1.21
Post by: Colleen on October 14, 2009, 03:59:29 AM
Megadroid 1.21 Update or Not...

No trades with Megadroid 1.21 in over a week... ;( Reverse Correlated Time And Price Analysis (RCTPA) really thinking overtime...

October... things are changing for me... We've stopped using FXCM/UK powered by BT Demo as hubby Richard would like to run his trades on the FXCM/UK powered by BT LIVE and we cannot run a Live and a Demo at the same time so he wins...

Meaning my Demo now moves over to Forex.com/UK and we'll see how this works out with the new Upgraded Megadroid 1.21 Version...

And my settings will be...

Version_1.21=; _1=System Parameters; Stealth=true; Aggressive=true; NFA=false; GmtOffset=1.00000000; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=12345678; S2_Reference=87654321; ReceiptCode=########; _2=Comment Position; TopPadding=30; LeftPadding=20
TextColor1=16119285; TextColor2=13882323; _3=Strategy Parameters; Slippage=3; SendEmails=0; OrderComments= ; _4=Order Management;
LotSize=0.10000000; _5=Ratio Order Management; RiskLevel=0.00000000; RecoveryMode=0

Let the games begin!

Megadroid 1.21 - send us some happy pips this month please!

Here it is... my one lonely trade so far since the upgrade to 1.21...

FXCM/UK powered by BT - Demo for the month of October with the upgrade!

8110859 2009.09.28 23:36 sell 0.40 eurusd 1.46249 1.47286 1.45648 2009.09.29 00:36 1.46245 0.00 0.00 0.00 1.60

And profit is here? hmmmm Megadroid in its infinite wisdom decides to close the trade very early with minimal profit here!

And the Eur/Usd has gone as low as 1.45874 - What happened then? Megadroid chickened out?

And we still wait for Megadroid 1.21 to come back out to play...

Tuesday, October 13th, 2009

It's a Miracle!

Forex.com/UK Demo...

A Trade shows up! It was a Brief Trade...

15080179 2009.10.13 21:01 sell 0.10 eurusdfxf 1.4853 1.4895 1.4803 2009.10.13 22:44 1.4849 0.00 0.00 0.00 4.00

But Profit was Found!

Colleen ;)


Title: Re: MegaDroid...
Post by: tlbone on October 14, 2009, 04:17:32 AM
now if we can just get jamesmod to put a reverse trend parameter in there we can jump on trends instead of always taking a loosing reverse trade....megadroid is starting to act like fapt in a trending market...it just wont fly...
Title: Re: MegaDroid...
Post by: iceman02 on October 14, 2009, 08:03:14 AM
i had a -200, and -100 trade.

Anyone experience this massive loss?
Title: Re: MegaDroid...
Post by: dkmillion on October 14, 2009, 10:51:54 AM
Hmmm we actually need James Bond to get this thing going again, and I am tired of their web claiming "no loser since whatever", it is just not true!!! :-\
Title: Re: MegaDroid...
Post by: tlbone on October 14, 2009, 11:58:08 AM
i had a 40p s/l  +4 chart this morn......megadroid needs a reverse trade parameter ....same as what fapt has....use fapt on a reverse trade and instead of taking a trade in opposite direction it will trade the trends but need to use a signal package to tell when to turn on fapt to take its trade....am looking into this theory now....hopefully i can use fapt with forex rebellion signal indicators....
Title: Re: MegaDroid...
Post by: pandora on October 14, 2009, 12:08:40 PM
My Megadroid EA has not traded in about three weeks so I looked at the Experts tab and I saw this message a few times:

2009.10.13 05:02:05   MegaDroid EURUSD,H1: Strategy1: Safe spread limit exceeded: spread = 45


Does anyone know why it would say that. I am trading on Alpari US. Thanks

I had almost 100 of these over 2 days - exceeding the spread limit by between 32 and 80 on GoMarkets and had 14 so far today. Also had a couple of trades wich closed at a  .1pip profit.  :o I'll ring GM tomorrow and see what they say.
Title: Re: MegaDroid...
Post by: jenks on October 14, 2009, 12:11:42 PM
Not looking good this month, sl hit last night for both megadroid and fapturbo usdcad.  It would have hit on the other timeframes but i closed them manually.  Don't know what's happening, although Ben did say October is megadroids worst performing month of the year.  It's one step forward and then five back with my account, i spend all month trying to recoup loses from the start of the month. Very frustrating.

Jenks
Title: Re: MegaDroid...
Post by: wilsonch on October 14, 2009, 12:24:53 PM
one s/l hit for me as well.. but if considered the seasonal factor which is observed by Ben, i guess it would make sense as October has more losses throughout the year. Let's pray things get better in November.
Title: Re: MegaDroid...
Post by: dkmillion on October 14, 2009, 07:53:45 PM
Buy ForexHacked, it does better than Megadroid! :D
Title: Re: MegaDroid...
Post by: dlewisfl on October 15, 2009, 06:34:03 PM
My Megadroid ADT demo getting hammered last couple of days, three SLs.  Ben's advice to shut 'er down in October proving to be spot on.  Most of gains for last six weeks have been wiped out.

http://adtoverlap.mt4live.com/
Title: Re: MegaDroid...
Post by: ingonicole on October 15, 2009, 06:46:47 PM
My Megadroid ADT demo getting hammered last couple of days, three SLs.  Ben's advice to shut 'er down in October proving to be spot on.  Most of gains for last six weeks have been wiped out.

http://adtoverlap.mt4live.com/

The last 2 nights have been FOMC Member speaking....i would not let MD run these nights!
Title: Re: MegaDroid...
Post by: mpetersrx7 on October 15, 2009, 07:01:26 PM
My Megadroid ADT demo getting hammered last couple of days, three SLs.  Ben's advice to shut 'er down in October proving to be spot on.  Most of gains for last six weeks have been wiped out.

http://adtoverlap.mt4live.com/

Yeah I decided today to take my risk level to 1/4 of the previous risk for the rest of the month until I start seeing side ways asian sessions where MD flurishes.

I had back-to-back SL for the first time.

Mark
Title: Re: MegaDroid...
Post by: dlewisfl on October 15, 2009, 09:02:56 PM
My Megadroid ADT demo getting hammered last couple of days, three SLs.  Ben's advice to shut 'er down in October proving to be spot on.  Most of gains for last six weeks have been wiped out.

http://adtoverlap.mt4live.com/

The last 2 nights have been FOMC Member speaking....i would not let MD run these nights!

The FOMC speaker on Tuesday afternoon rated as Low priority on both Forex Factory and dailyFX.  The system also had a winning trade Tuesday night, in the standard timeframe, so I wouldn't attribute Tuesday's losses to that speaker.  Yesterday's meeting minutes were more high impact. I could believe that may have had something to do with it.
Title: Re: MegaDroid...
Post by: wilsonch on October 16, 2009, 02:31:18 AM
October is a failure.. 2 S/L hit.. which accounted for a total of 84 pips.. Ouch..  :'(
Title: Megadroid 1.21 - Another Trade in Profit!
Post by: Colleen on October 16, 2009, 04:45:07 AM
Wednesday, October 14th, 2009..,

And I missed this trade last night... Wow!

Forex.com/UK Demo - Another Quick Trade with Megadroid 1.21... and it did find PROFIT!

15155301 2009.10.14 22:00 sell 0.10 eurusdfxf 1.4934 1.5039 1.4874 2009.10.14 23:01 1.4929 0.00 0.00 0.00 5.00

At least this time we took 5 pips PROFIT! But PROFIT IS PROFIT!

The new Upgrade certainly does seem to be a true Scalper ea these days...

Colleen ;)
Title: Re: MegaDroid...
Post by: wilsonch on October 16, 2009, 07:42:23 AM
OMG.. another 2 stop loss on the way.. hopefully it overcomes it.. both break through 42pips each..  :o
Title: Re: MegaDroid...
Post by: robinkm on October 16, 2009, 11:32:46 AM
mmmm...yes five stop losses for me across two md accounts this week......and  wait for it..a further six stop losses on mdpro...great week heh?....with the average amount per winning trade should only take the next two years to bring me back to even providing we never have a losing tarde again!!...great heh?  :D

what i don't understand is that all the websites i know that are publishing live stats not one of them is showing a stop loss?...including donna and 4xproject...very wierd heh? :-\
Title: Re: MegaDroid...
Post by: tlbone on October 16, 2009, 12:47:48 PM
ive put my megadroid on the shelf for the month looking ahead for nov...hope the weather is better by then....spending time learning more manual trading tactics with demo for such lean times as this.....
Title: Re: MegaDroid...
Post by: manzanitaone on October 16, 2009, 04:17:19 PM
Six SL's this week trading ADT on 4 charts.  Ben was right; it's time to stop live trading for awhile.  This was my last "live" EA....and now I have none trading live.  I'll wait for Nov.
Title: Re: MegaDroid...
Post by: hammy on October 16, 2009, 04:40:26 PM
I'm still trading with the original MD, now version 1.21, but ready to shelf it !.. :'(

I'm not getting SL's, just not getting any trades at all on EurUsd, it must be super sensitive to the market conditions, this was once a great robot, what happened ??

too late for a refund, I've had it for over 6 months. .. :(
Title: Re: MegaDroid...
Post by: LMStuff on October 16, 2009, 06:06:00 PM
Megadroid has made me some awesome profits on multiple live accounts at least 7k+ !   I have tried the ADP on demo for quite a while and went live for a bit on 1 extra time period with good results.   I hit a SL on it a while back (luckily on the 2nd timeframe at 1/2 risk) and turned it off and kept trading standard MD time with modified TP settings and have done well.  I have been really careful with trading before, after and during news and basically had Megadriod live turned off during the last two weeks.   My demo hitting multiple SLs shows that it was sure worth leaving it off!   

Going to definitely turn it back on live once we hit a good news free period, the charts start looking like they used to with some good patterns and the dollar starts showing some clearer long term trending.

LMStuff
Title: Re: MegaDroid...
Post by: ikuzo1 on October 16, 2009, 10:45:33 PM
yep, I turned megadroid on ADP settings off this entire week cuz of the announcements, but was itching to get back in, so i turned it on for the last 2 2-hour sessions on thursday.

wooorst idea ever.  hit 2 stoplosses for a loss of over 10% of my live account.

i will have to shelf megadroid as i am a couple weeks past the 60 day return date.  I guess i got in at the wrong time.  It was making very small consistent gains at the beginning, but in the last couple of weeks i have lost several thousand $ to this ea alone.

it is definently suspect that trackers such as donnas show trades even on the days we all hit stop-losses, but none of them show the large stoplosses.  It looks like it filters them out and only shows the positive trades, and smaller losses.
Title: Re: MegaDroid...
Post by: Chip4Pips on October 17, 2009, 12:13:56 AM
yep, I turned megadroid on ADP settings off this entire week cuz of the announcements, but was itching to get back in, so i turned it on for the last 2 2-hour sessions on thursday.

wooorst idea ever.  hit 2 stoplosses for a loss of over 10% of my live account.

After getting past the news, I turned my MD ADT back on for the last two Wednesday and first two Thursday slots. I shut down the window for the last two Thursday as they really are Friday trading. I hit no S/L those days.

Didn't Ben say not to trade ADT on Friday? I don't let the robot trade this Thursday night/Friday morning slot during any week.
Title: Re: MegaDroid...
Post by: manzanitaone on October 17, 2009, 07:27:34 PM
I was having very good results with MD using Ben's ADT for past several weeks while all my other EA's were struggling.  So even though I hit a string of losses, I still believe that this one is a keeper.  I will just stand aside and watch for announcements from Ben and Donna AND follow this thread.

Thanks to all of you for participating in this discussion; I learn more every day.
Title: Re: MegaDroid...
Post by: manzanitaone on October 18, 2009, 04:20:50 AM
I just reviewed Donna's results for the week and she avoided all of the 6 stops that I experienced.  The only factor that I can think of that would cause this BIG difference is the broker.  I use FXDD (the broker recommended by MD developers) and Donna uses FXCM UK.  If that is the reason for this large disparity, I will be moving my account to FXCM UK very soon.  I have been using FXDD live and demo accounts for 2 months and have had good results until this week.  Anybody else using FXDD for MD or MD/ADT?
Title: Re: MegaDroid...
Post by: Kotik on October 18, 2009, 08:39:38 AM
It seems like the markets are a little crazy at the moment, I shut down ADT at the end of September after a string of SL's and painful £1500 loss.  This month I've just been trading the original MD but have had very few trades (I think just one) for a small profit.

I dont think any EAs are profitable at the moment, so the advice would be to shut down, switch to demo and wait for better times to return.

Remember: better not to trade than to trade and loose.

Its back to manual trading on the daily charts for me  :-\
Title: Re: MegaDroid...
Post by: bart on October 18, 2009, 09:51:15 AM
I just reviewed Donna's results for the week and she avoided all of the 6 stops that I experienced.  The only factor that I can think of that would cause this BIG difference is the broker.  I use FXDD (the broker recommended by MD developers) and Donna uses FXCM UK.  If that is the reason for this large disparity, I will be moving my account to FXCM UK very soon.  I have been using FXDD live and demo accounts for 2 months and have had good results until this week.  Anybody else using FXDD for MD or MD/ADT?

No, that's not the case...

I use FXCM too, and I DID experience the SL's as well :)  On a LIVE account that is.
So it's still a mystery
Title: Re: MegaDroid...
Post by: donnaforex on October 18, 2009, 10:40:22 AM
Megadroid is on Alpari UK. (may be getting mixed up with my £2k account for FAPTurbo which is on FXCM UK).
Title: Re: MegaDroid...
Post by: bart on October 18, 2009, 11:13:24 AM
Megadroid is on Alpari UK. (may be getting mixed up with my £2k account for FAPTurbo which is on FXCM UK).

Ah, Okay, so that could be it...
However, before we all switch to Alpari, I also hit 2 SL's there - but on Demo
Title: Re: MegaDroid...
Post by: SquareRoot on October 18, 2009, 08:39:08 PM
I just reviewed Donna's results for the week and she avoided all of the 6 stops that I experienced.  The only factor that I can think of that would cause this BIG difference is the broker.  I use FXDD (the broker recommended by MD developers) and Donna uses FXCM UK.  If that is the reason for this large disparity, I will be moving my account to FXCM UK very soon.  I have been using FXDD live and demo accounts for 2 months and have had good results until this week.  Anybody else using FXDD for MD or MD/ADT?
I'm using FXDD and have only gotten one trade on my live account with ADT. My FXDD demo account has captured 4 trades in the last 2 weeks. ... makes me wonder why.
Title: Re: MegaDroid...
Post by: manzanitaone on October 19, 2009, 01:35:29 AM
Squareroot - I should have been more specific.  I "was" running the Overlap Setup with a 15% drawdown risk.  Maybe that's where we differ.  I had several trades over the past two weeks including the 6 stop outs.  Like I said before, it was performing fine until this week.
Title: Re: MegaDroid...
Post by: tlbone on October 19, 2009, 12:10:40 PM
anyone going to test the waters today ?...nothing going on in the reports....could be a day for very small risk to just get a feel for the beginning markets...

noticed that mt4stats down again....funny mt4live doesnt seem to have this prob.... ;)
Title: Re: MegaDroid...
Post by: mpetersrx7 on October 19, 2009, 06:31:20 PM
I just reviewed Donna's results for the week and she avoided all of the 6 stops that I experienced.  The only factor that I can think of that would cause this BIG difference is the broker.  I use FXDD (the broker recommended by MD developers) and Donna uses FXCM UK.  If that is the reason for this large disparity, I will be moving my account to FXCM UK very soon.  I have been using FXDD live and demo accounts for 2 months and have had good results until this week.  Anybody else using FXDD for MD or MD/ADT?

I have a live account with FXDD using MD and ADT (switching over to MODB-TP though).  You can see my account statement here: mpetersrx7.mt4stats.com

With recent S/L and recommendation from Ben at ADT, I have GREATLY reduced my risk from now on until the market becomes more stable (probably November).

Mark

Title: Re: MegaDroid...
Post by: tlbone on October 19, 2009, 10:10:04 PM
thought i would trade megadroid tonight on -2 chart with lowest risk settings...comparing to forexrebellion....megadroid did a trade that rebellion said by its indicators was a no, no.....and meg is losing its butt again....so far so good with rebellion and its indicators....at least i can see what meg is doing wrong but not sure why its doing it other than its using a diff set of indicators that needs to be updated but then again its trading against the trends and not with them.....and since markets are trending instead of going horizontal megadroid shouldnt be trading at all but it seems it doesnt care anymore if its a good one or bad one it will take it and for the wrong reason.... ::)
Title: Re: MegaDroid...
Post by: yidrasil on October 19, 2009, 10:38:41 PM
The apparent relationship between declining performance and new update release is impossible to ignore for me.  I think another thread noted that some internal parameters had been made more 'sensitive' to increase the volume of trades made. Coupled with current market conditions that doesn't bode well.
Title: Megadroid 1.21 1 Pip Trade Tonite!
Post by: Colleen on October 20, 2009, 03:50:24 AM
Well, Droid made it's trade tonite! And in PROFIT too!  It's a 1 Pip Wonder!

15333821 2009.10.19 21:01 sell 0.10 eurusdfxf 1.4963 1.5005 1.4913 2009.10.19 22:17 1.4962 0.00 0.00 0.00 1.00

And it opened it's trade that went into a loss and when it retraced and started to go up and up and up, Droid made the right choice to exit our trade at a 1 pip Profit as opposed to a loss situation coming up... but why did it get into a sell in the first place? Is Megadroid a Hero or a Zero?

Anyhow, looking at the chart with this little trade... I can see the Sell was initiated as Megadroid 1.21 could see the tops over the past candlesticks over the past couple of days on the Hourly and assumed that things were going South at that point... so our "Wonder Bot" was making plans but the snake wasn't agreeing with it...

Colleen ;)
Title: Re: MegaDroid...
Post by: Scotty on October 20, 2009, 04:58:48 AM
The apparent relationship between declining performance and new update release is impossible to ignore for me.  I think another thread noted that some internal parameters had been made more 'sensitive' to increase the volume of trades made. Coupled with current market conditions that doesn't bode well.
I think this as well. It's a stretch to say it's coincidence that it started losing almost as soon as the new update came out. It's a shame that they had to make "improvements" to a system that was perfectly ok.
I have no problems with them changing the way it works but what I do have a problem with is not being able to use the old version or any version I want. I bought it so I should be able to use it in any way I want. It's like being forced to use a new car even if you were quite content pootling along in your old Ford Fiesta!!
Perhaps they would consider allowing the older version to be used if there was enough interest from the users? If enough people are of the same opinion then surely it would make them look good to listen and act on our opinions and requests. I know of a few developers who do just that and that can only increase comfidence in their products. I will be e-mailing support at MD to ask their opinion on this.
Title: Re: MegaDroid...
Post by: pambid427 on October 20, 2009, 06:59:25 AM
My MD Doesn't even trade for 10days sometimes. 2trade in 6days sometimes 1trade in 6days
Title: Re: MegaDroid...
Post by: ingonicole on October 20, 2009, 09:06:06 AM
I trade the ADT Overlap - and got hit in the -2 window this night.... :( what a bad month for my acount. These are my trades from tonight
-42
+4
+1
+4
+10
Title: Re: MegaDroid...
Post by: tlbone on October 21, 2009, 07:24:56 PM
would like to know what determines the time it takes after megadroid closes a trade and takes another....seems it could have jumped right back into the trade again from what ive seen on the indicators but sometimes its another candle before it jumps in...

using the modb-tp....set to 3pips....watched the tick chart and indicators megadroid has taken 3 profit trades so far using -4,-2 charts...took trade at 20:16; 20:30; 20:46; 21:05 so far...have lowest risk settings for testing rest of month....

megadroid did good for awhile and watching rsi and signal lines i noticed a crossing of the two indicating a reversal....megadroid took this trade in the opposite direction......i would never take a trade right at the crossing or breakout point...i would at least give it a few pips to decide which direction it was going first....now megadroid in sucking a vacumn once again....strange trader that megadroid is....

using the D1 timeframe it shows that eur/usd is still in upward trend even tho H1 shows up and down movement into a reversal....but megadroid took a long trade so it did go back up into an upward trend....learning as we go..

14 trades today very unusual for megadroid....thinking when in a trade for such small pips as 3p...should close out early on and take a loss instead of it lingering on in a long position then make up for it with another chance for a trade ....
Title: Re: MegaDroid...
Post by: Scotty on October 22, 2009, 06:14:37 AM
Got the following reply when I asked why we couldn't use the old version.  :-\
Thank you for your email. Almost always we provide our users with such possibility to choose the version they like, but 1.21 version has some global changes. One of it was that the method of connection to the server was changed due to some objective reasons.
That\'s why we can\'t give you such an option to choose.
Title: Re: MegaDroid...
Post by: chk56 on October 22, 2009, 12:11:50 PM
EURUSD is on a crazy uptrend, trying to reach historical limits, like it did one year ago. We don't know if this trend has finished (1.50? 1.60? even higher than last year?). And if it has, we don't know if it will start ranging, or falling down like a stone, again like it did one year ago. EAs in general don't seem to work under these circumstances. We will have to wait until a new price range establishes, that is, "till markets calm down". But then again - markets always change. Who says they will "calm down"? Maybe this year we'll have a big rollercoaster with continuously trending markets. So:

Time for manual trading.

Time for developing EAs that adapt to market changes (I mean, is this really so difficult, in the times of AI, neural networks, and all that stuff?)
Title: Re: MegaDroid...
Post by: SquareRoot on October 22, 2009, 05:40:41 PM
Got the following reply when I asked why we couldn't use the old version.  :-\
Thank you for your email. Almost always we provide our users with such possibility to choose the version they like, but 1.21 version has some global changes. One of it was that the method of connection to the server was changed due to some objective reasons.
That\'s why we can\'t give you such an option to choose.

This is an interesting response. My 1.21 hasn't traded on my live account since I upgraded but it trades on my demo account on same broker FXDD. I realize that the data feeds are not always the same, but they look identical on the charts.
The global changes they refer to are probably changes made to match the Megadroid Pro preset file.
Title: Megadroid 1.21 Finds Profit Tonite!
Post by: Colleen on October 27, 2009, 12:40:36 AM
Monday, October 26th, 2009

Megadroid 1.21

Profit Found!

15627101 2009.10.26 22:25 sell 0.10 eurusdfxf 1.4875 1.4944 1.4815 2009.10.26 23:39 1.4865 0.00 0.00 0.00 10.00

THAT'S +20 PIPS PROFIT THIS MONTH FOLKS! And no Stop Losses hit!!!

And look at what the Eur/Usd did soon after our trade closed... Smart Little Bot, eh?

Colleen ;)
 
Title: Re: MegaDroid...
Post by: Trade It Easy on October 27, 2009, 01:11:40 AM
hello colleen,
Yes I noticed that MD default settings including aggressive set to true traded today! I thought i'd have just one chart set to the absolute default settings so I can still monitor the original setting aswell as my tweakedo ones. Anyway I hope we see some promising results in the near future.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Colleen on October 27, 2009, 01:16:29 AM
Hello Autotrader,

Here's my settings I'm currently using on my Forex.com/UK Demo Account...

We'll see how this works out with the new Upgraded Megadroid 1.21 Version...

Version_1.21=; _1=System Parameters; Stealth=true; Aggressive=true; NFA=false; GmtOffset=1.00000000; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=12345678; S2_Reference=87654321; ReceiptCode=########; _2=Comment Position; TopPadding=30; LeftPadding=20
TextColor1=16119285; TextColor2=13882323; _3=Strategy Parameters; Slippage=3; SendEmails=0; OrderComments= ; _4=Order Management;
LotSize=0.10000000; _5=Ratio Order Management; RiskLevel=0.00000000; RecoveryMode=0

My Aggressive is set to true also..

And my +20 Pips Profit for this month and no Stop Losses hit! :)

There might be promise left with Megadroid 1.21 still...

Colleen ;)
Title: +2 Pips with the Megadroid 1.21...
Post by: Colleen on October 27, 2009, 11:13:11 PM
Tuesday nite and Megadroid 1.21 trades again for us... Forex.com/UK Demo for me...

And a 2 Pip Wonder Here!

That's +22 for the Month Folks!

15700392 2009.10.27 21:44 sell 0.10 eurusdfxf 1.4810 1.4926 1.4760 2009.10.27 22:50 1.4808 0.00 0.00 0.00 2.00

Colleen ;)
Title: Re: MegaDroid...
Post by: paralotnik on October 27, 2009, 11:15:23 PM
I had a +4 pip and a +9 pip trade on FXDD tonight! Very exciting!
Title: Re: MegaDroid...
Post by: dkmillion on October 28, 2009, 02:24:16 PM
Boring but beter than a loss?  But come to think of it, is that few pips worth the risk?
Title: Re: MegaDroid...
Post by: Colleen on October 29, 2009, 12:32:17 AM
And Megadroid 1.21 got into a regular trade and a stealth trade tonite on my Forex.com/UK Demo...

And 4 pips Profit for both...

15776642 2009.10.28 21:47 sell 0.10 eurusdfxf 1.4721 1.4840 1.4671 2009.10.28 23:00 1.4717 0.00 0.00 0.00 4.00
15777614 2009.10.28 22:17 sell 0.10 eurusdfxf 1.4722 1.4816 1.4662 2009.10.28 23:53 1.4718 0.00 0.00 0.00 4.00

Lost count where we're at in Profit but the takings for my Forex.com/UK are kinda small this month and are they worth the big drawdown when we come to Stop Losses I wonder... Guess we Demo this baby through November too then...

And it could have gone down further but I guess the RCTPA was at work for the exit on this trade tonite...

Colleen ;)
Title: Re: MegaDroid...
Post by: V_vaz on October 29, 2009, 12:51:05 AM
And Megadroid 1.21 got into a regular trade and a stealth trade tonite on my Forex.com/UK Demo...

And 4 pips Profit for both...

15776642 2009.10.28 21:47 sell 0.10 eurusdfxf 1.4721 1.4840 1.4671 2009.10.28 23:00 1.4717 0.00 0.00 0.00 4.00
15777614 2009.10.28 22:17 sell 0.10 eurusdfxf 1.4722 1.4816 1.4662 2009.10.28 23:53 1.4718 0.00 0.00 0.00 4.00

Lost count where we're at in Profit but the takings for my Forex.com/UK are kinda small this month and are they worth the big drawdown when we come to Stop Losses I wonder... Guess we Demo this baby through November too then...

And it could have gone down further but I guess the RCTPA was at work for the exit on this trade tonite...

Colleen ;)

This EA is Scalp?? it's same as real acc result?
Title: Re: MegaDroid...
Post by: Colleen on October 29, 2009, 01:02:42 AM
And Megadroid 1.21 got into a regular trade and a stealth trade tonite on my Forex.com/UK Demo...

And 4 pips Profit for both...

15776642 2009.10.28 21:47 sell 0.10 eurusdfxf 1.4721 1.4840 1.4671 2009.10.28 23:00 1.4717 0.00 0.00 0.00 4.00
15777614 2009.10.28 22:17 sell 0.10 eurusdfxf 1.4722 1.4816 1.4662 2009.10.28 23:53 1.4718 0.00 0.00 0.00 4.00

Lost count where we're at in Profit but the takings for my Forex.com/UK are kinda small this month and are they worth the big drawdown when we come to Stop Losses I wonder... Guess we Demo this baby through November too then...

And it could have gone down further but I guess the RCTPA was at work for the exit on this trade tonite...

Colleen ;)

This EA is Scalp?? it's same as real acc result?

Hello V_vaz,

The Megadroid 1.21 ea is a scalper using some RCPTA technology - fancy number calculations based on moving averages apparently - and my Demo only replicates what we could hope to see in a Live account - I had to start Demo with this ea because of the number of losses we suffered in the Summer with the original Megadroid - happy profits in the very beginning but then one stop loss after another made me Demo for the Summer and into September and then I went on Holiday and came back to an Upgraded Megadroid 1.21 so I have to Demo this baby and see how it goes... probably through November and into December as I stop trading around December 18th and I will be on holiday just prior to that date...

So, hopefully some Live Megadroid 1.21 people are brave enough to play and maybe they'll post in here for us to see how their Live accounts are doing too!

I'm way past the guarantee date to return this baby so I have no choice but to check out the new upgrade with it...

Colleen ;)
Title: Re: MegaDroid...
Post by: V_vaz on October 29, 2009, 04:09:05 AM
Hi..Colleen

Thank's for your informations... But I don't understand about RCPTA, what is the meaning??
Title: Re: MegaDroid...
Post by: ingonicole on October 29, 2009, 06:15:32 AM
Colleen, are you working with the default gmt or ADT setup
Title: Re: MegaDroid...
Post by: hammy on October 29, 2009, 01:53:08 PM
My Megadroid 1.21 has traded every night this week, for smaller pips however, but at least it is working again, hope it continues. Is everyone else getting trades now with MD 1.21 ?
Title: Re: MegaDroid...
Post by: Colleen on October 29, 2009, 02:31:36 PM
Hi..Colleen

Thank's for your informations... But I don't understand about RCPTA, what is the meaning??

Hello V_vaz,

You're welcome for my information sharing here... I too don't understand what the RCPTA is... Reverse Correlated Time And Price Analysis is what the Website calls it... fancy number crunching with the moving averages or something I think... it's just their secret formula for the Megadroid...

Hope this clarifies that for you...

Colleen ;)
Title: Re: MegaDroid...
Post by: Colleen on October 29, 2009, 02:54:04 PM
Colleen, are you working with the default gmt or ADT setup

Hello ingonicole,

I am using the default Megadroid 1.21 at my GMT Setting for Forex.com/UK Demo... No ADT or anything else added except a Bollinger Band...

Hope this helps you out...

Colleen ;)
Title: Re: MegaDroid...
Post by: Hansen on October 29, 2009, 03:12:59 PM
My Megadroid 1.21 has traded every night this week, for smaller pips however, but at least it is working again, hope it continues. Is everyone else getting trades now with MD 1.21 ?
yes hammy. for me it works as well just fine. just trading the default time (21-23 gmt).
//Hansen
Title: Re: MegaDroid...
Post by: ingonicole on October 29, 2009, 05:12:05 PM
Colleen, are you working with the default gmt or ADT setup

Hello ingonicole,

I am using the default Megadroid 1.21 at my GMT Setting for Forex.com/UK Demo... No ADT or anything else added except a Bollinger Band...

Hope this helps you out...

Colleen ;)

Thank you, thats good to know :-)
Title: Re: MegaDroid...
Post by: iceman02 on November 02, 2009, 06:32:03 AM
did u guys start megadroid up again?
Title: Re: MegaDroid...
Post by: Colleen on November 02, 2009, 04:38:22 PM
did u guys start megadroid up again?

Hello iceman02,

The new Upgrade to Megadroid bringing it up to 1.21 now has us all intrigued it seems...

I'm Demo for now but we'll see how the future goes with this little bot...

Colleen ;)
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 02, 2009, 05:24:43 PM
did u guys start megadroid up again?

iceman02,
I plan on trading Monday and Tuesday, but FOMC meeting this week so will shutdown rest of week.

HTH,
Mark
Title: Re: MegaDroid...
Post by: Trade It Easy on November 03, 2009, 01:07:19 AM
Hello,
I am running MD on its own on a demo account with (£) 100 of play money. I prefer using smaller deposits on demo so I don't get carried away and it shows that you can start off with a small balance and gradually build it up. Anyway I shall post the stats soon. I only just added all 9 charts today so not much has happened so far. Will keep all updated
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dlewisfl on November 03, 2009, 03:30:04 AM
My ADT setup has had 17 consecutive winning trades after losing 4 of 7 middle of October (ouch!)  Three of the four losses were on the -2 chart.  I'll probably shut it down after FOMC news on Wednesday.  I shut it down same week last month and avoided some losses (from what I've seen posted).  There have been no losing trades in this demo account for past two months with the standard time slot (GMT 21:00 - 23:00).  I forgot to check server time changes due to end of DST in U.S. so it didn't trade today.  I had a winning trade in my live account in the standard time slot.

http://adtoverlap.mt4live.com/
Title: Re: MegaDroid...
Post by: Colleen on November 03, 2009, 03:30:36 AM
Well Folks, My Megadroid 1.21 got into 2 trades tonite with the Eur/Usd... on my Forex.com/UK Demo...

One trade found a small profit and the other one was still ongoing... and the bollinger bands show that it might go back down into profit overnight hopefully once it gets past the middle bollinger and goes back down and it did so it took a little profit there too...

15974770 2009.11.02 21:48 sell 0.10 eurusdfxf 1.4774 1.4844 1.4724 2009.11.02 23:32 1.4771 0.00 0.00 0.00 3.00
15975446 2009.11.02 22:00 sell 0.10 eurusdfxf 1.4775 1.4917 1.4715 2009.11.03 03:32 1.4773 0.00 0.00 0.00 2.00

Colleen ;)
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 03, 2009, 03:51:24 AM
I have had 2 trades tonight so far, one on the -2 and one on the +4, both had +10 pip profits.  So far so good.

Mark
Title: Re: MegaDroid...
Post by: Colleen on November 03, 2009, 03:54:18 AM
And Mark, since you're Live I think, it's pretty good advice about watching the news on Wednesday and Thursday this week with trading Megadroid... and adjusting your trading strategies...

People, check http://www.forexfactory.com/calendar.php?month=11&year=2009 to see what the High Impact Events are coming up this week...

Colleen ;)
Title: Re: MegaDroid...
Post by: Colleen on November 03, 2009, 01:55:36 PM
Hello Folks,

This month I am using Default Settings on Megadroid 1.21...

Demo on Forex.com/UK and we'll see how this works out with the new Upgraded Megadroid 1.21 Version...

And my settings will be...

Version_1.21=; _1=System Parameters; Stealth=true; Aggressive=true; NFA=false; GmtOffset=1.00000000; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=12345678; S2_Reference=87654321; ReceiptCode=########; _2=Comment Position; TopPadding=30; LeftPadding=20
TextColor1=16119285; TextColor2=13882323; _3=Strategy Parameters; Slippage=3; SendEmails=0; OrderComments= ; _4=Order Management;
LotSize=0.10000000; _5=Ratio Order Management; RiskLevel=0.00000000; RecoveryMode=0

Stealth and Aggressive are TRUE and Recovery = 0 and is not activated as I do not want the Droid to double up on the next trade after a losing trade.

Need to change my S1_Reference and S2_Reference numbers today as we should be changing these regularly as per the manual I believe...

Let's see how Droid works this month for us... last month no losses for me... but just over +20 Pips Profit for the whole month though... can't write home about that...

Colleen ;)
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 03, 2009, 02:50:34 PM
Hi Colleen,
Yes I am live and will shutdown MD before tomorrow's trading times.  Did this last time and avoided 1 S/L.  I ended up making +25 pips last night with my settings (+10 on -2, +10 on +4, +5 on +6).

Using ModB from James:
Charts: -2, Default, +4, +6
Aggressive = False
Recovery = False

HTH,
Mark
Title: Re: MegaDroid...
Post by: Trade It Easy on November 03, 2009, 03:26:44 PM
thanks for msg colleen. Well I have set up a demo account with alpari it has been fully set up now and switched on. I did not turn it on yesterday. It is on now. I want to see how MD can do with 9 charts that I feel are profitable long term. Here are the stats: http://mdalpari.mt4stats.com/
I hope it does well. I may also be turning off all my bots on my live account and this demo account tomorrow.
Kind Regards
Autotrader
Title: Re: MegaDroid...
Post by: ingonicole on November 03, 2009, 05:47:09 PM
last night i only had the std. gmt window running - no trade
Title: Re: MegaDroid...
Post by: ingonicole on November 03, 2009, 05:55:22 PM
Hi Colleen,
Yes I am live and will shutdown MD before tomorrow's trading times.  Did this last time and avoided 1 S/L.  I ended up making +25 pips last night with my settings (+10 on -2, +10 on +4, +5 on +6).

Using ModB from James:
Charts: -2, Default, +4, +6
Aggressive = False
Recovery = False

HTH,
Mark

Is ModB from James running good with the new Version? right now i does the gmt windows manually
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 03, 2009, 06:28:14 PM

Is ModB from James running good with the new Version? right now i does the gmt windows manually

I have had great success with ModB from James with the settings I mentioned.  I was using ADT but had to run unified because of the NFA.  I did not like the "Profile Reset" issues so switched to ModB plus Ben at ADT recommended agaisnt using Profile Reset anymore.

You can see my results by clocking on the "Earth" under my avatar.

HTH,
Mark
Title: Re: MegaDroid...
Post by: ingonicole on November 03, 2009, 07:46:48 PM

Is ModB from James running good with the new Version? right now i does the gmt windows manually

I have had great success with ModB from James with the settings I mentioned.  I was using ADT but had to run unified because of the NFA.  I did not like the "Profile Reset" issues so switched to ModB plus Ben at ADT recommended agaisnt using Profile Reset anymore.

You can see my results by clocking on the "Earth" under my avatar.

HTH,
Mark

your stats look really nice. You only use MD and Lexus?
What settings are you using for MD?
Thanks
Ingo
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 03, 2009, 08:08:32 PM

your stats look really nice. You only use MD and Lexus?
What settings are you using for MD?
Thanks
Ingo

Ingo,
I run fairly aggressive settings for MD w/ModB.  Here they are:
Aggressive= false
Recovery =false
Risk=0.15
Charts: -2, +4, +6 (Default chart is always enabled)
TradeFriday = enabled
TradeNFP = false

I feel comfortable with this risk level though since MD (to me) as proven to consistently have >90% winners.  I also do not run the end of the week after FOMC meetings.  So today/tonight will be last trading with MD.  Also these setting performed very very well in backtesting over the last several years.

My Lexxus just started trading this morning for first time but already have 4 winners.  Running only 5% risk on that account on HR.  Not JPY trading.

HTH,
Mark



Title: Re: MegaDroid...
Post by: flyozone on November 03, 2009, 10:24:14 PM
Hi Mark...

On FXDD what is the "default" GMT offset???

Regards,

Fly


your stats look really nice. You only use MD and Lexus?
What settings are you using for MD?
Thanks
Ingo

Ingo,
I run fairly aggressive settings for MD w/ModB.  Here they are:
Aggressive= false
Recovery =false
Risk=0.15
Charts: -2, +4, +6 (Default chart is always enabled)
TradeFriday = enabled
TradeNFP = false

I feel comfortable with this risk level though since MD (to me) as proven to consistently have >90% winners.  I also do not run the end of the week after FOMC meetings.  So today/tonight will be last trading with MD.  Also these setting performed very very well in backtesting over the last several years.

My Lexxus just started trading this morning for first time but already have 4 winners.  Running only 5% risk on that account on HR.  Not JPY trading.

HTH,
Mark




Title: Re: MegaDroid...
Post by: mpetersrx7 on November 03, 2009, 10:33:38 PM
Hi Mark...

On FXDD what is the "default" GMT offset???

Regards,

Fly



Fly,
The default after the Daylight Savings time change is now 2.  With Daylight Savings the default was 3.

Mark
Title: Megadroid 1.21 Demo on Forex.com/UK
Post by: Colleen on November 03, 2009, 11:49:02 PM
Profit again tonite with Megadroid 1.21 Demo on Forex.com/UK... go figure...

We scored +7 Pips tonite!

16042276 2009.11.03 21:29 sell 0.10 eurusdfxf 1.4723 1.4810 1.4673 2009.11.03 22:31 1.4716 0.00 0.00 0.00 7.00

Tomorrow nite and Thursday nite I would not run a Live account with the Droid as per Mark's suggestion to check out the high impact things going on this week... I will still let the Demo run and we'll see how lucky it is... I'll post info just for fun though... I'm curious, maybe a few of you folks are too...

Colleen ;)
Title: Re: MegaDroid...
Post by: utah1jazz on November 04, 2009, 12:18:14 AM
I am trading with Alpari / US and I have not had a trade with Megadroid for 6 weeks.
Title: Re: MegaDroid...
Post by: jshear on November 04, 2009, 12:31:30 AM
Hi Colleen I haven't gone back to testing my Megadroid in months. How has it been performing lately? I guess I will put it back up on my Forex.com micro lots to test again as it seems Megadroid has come back to life!!

Jeff :)
Title: Re: MegaDroid...
Post by: john7690 on November 04, 2009, 02:44:50 AM
I've been trading on demo with Mod B-TP for a few weeks.  The past two weeks have been great, no losses and quite a good profit with only default and +4 charts.  My settings are pretty aggressive (it's demo), with trading on fridays, month end, aggressive true, recover true, risk level 0.2, Breakeven true, timed TP true, etc...

From October 19th through today (November 3) these settings have captured 106 pips with no losses.  Will I run this aggressive when I go live?  Uh, no, at least not at first, but it sure looks promising.

Oh, the broker is FXCM UK.
Title: Re: MegaDroid...
Post by: jshear on November 04, 2009, 02:55:24 AM
I'm all set up now to test Megadroid with default settings at Forex.com!! Will post results :)
Title: Re: MegaDroid...
Post by: Colleen on November 04, 2009, 02:58:57 AM
Hi Colleen I haven't gone back to testing my Megadroid in months. How has it been performing lately? I guess I will put it back up on my Forex.com micro lots to test again as it seems Megadroid has come back to life!!

Jeff :)

Hey Hey Jeff!

Well back to Megadroid 1.21 then for you possibly, eh?  Is that Live for you Dude?

We won't be playing this week with it Live though that's for sure I think... Hubby is thinking, Hey, Megadroid seems to be working out ok these days, we should slap it on the Forex.com/UK Live account soon... Oh well, we'll give it the rest of this week and see what happens next week then...

I was thinking of Demo for the rest of this month and into December also as I'm starting my Christmas break early - December 10th, heading back down to The Dominican Republic - the dive shop at the resort owes me 2 more scuba dives and I aim to collect... and possibly starting up in January but if Richard is willing to play then so am I... small .1 lotsize to start next week maybe... depending on the news events for next week so we shall see... I'll keep you posted of our intentions then folks! :)

Colleen ;)



Title: Re: MegaDroid...
Post by: ingonicole on November 04, 2009, 09:50:38 AM
I also got 6 pips on my Forex.com UK live account.
But i was wondering that i only got a trade in the std gmt window. I also run -2 +4 +6
Title: Re: MegaDroid...
Post by: ingonicole on November 04, 2009, 09:56:24 AM

your stats look really nice. You only use MD and Lexus?
What settings are you using for MD?
Thanks
Ingo

Ingo,
I run fairly aggressive settings for MD w/ModB.  Here they are:
Aggressive= false
Recovery =false
Risk=0.15
Charts: -2, +4, +6 (Default chart is always enabled)
TradeFriday = enabled
TradeNFP = false

I feel comfortable with this risk level though since MD (to me) as proven to consistently have >90% winners.  I also do not run the end of the week after FOMC meetings.  So today/tonight will be last trading with MD.  Also these setting performed very very well in backtesting over the last several years.

My Lexxus just started trading this morning for first time but already have 4 winners.  Running only 5% risk on that account on HR.  Not JPY trading.

HTH,
Mark





Thank you :)
I just installed ModB on my demo account for a few days to see if its running well
Title: Re: MegaDroid...
Post by: Trade It Easy on November 05, 2009, 01:13:32 AM
A couple of days in I am about break even well 1.40 down which is 1.4% of of the 100 account. I have adjusted the charts accordingly in response to the news releases. I left the charts as normal for today and yesterday and hit 3 SL's so I have removed those charts for now and only using 'safer' charts that won't trade during the news releases or any time near them. Lets hope it picks up. I shall keep up to date with how my setup is doing. Stats can be found at: http://mdalpari.mt4stats.com
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on November 05, 2009, 12:53:55 PM
Hello again just a quick update as the account is now in profit wahoo lol. Due to Megadroids Mega trades last night it is now up 3.15% that is a 4.55% increase on yesterdays balance. Obviously I am happy about this but it is very very early days and it will be more interesting in the months to come. I shall be watching the news alot and make adjustments every week so to minimise risk of hitting multiple SL's all at once. Happy trading to all and I hope MD does well. I noticed md on the default chart with default settings has been very promising and may be profitable enough on its own.
Regards
Autotrader
MD Stats: http://mdalpari.mt4stats.com
Title: Re: MegaDroid...
Post by: paralotnik on November 05, 2009, 04:14:17 PM
I use default settings. . .simple is as simple does  ::) for me! MD and ForexGator is about all I trust right now. . . Nothing fancy, no tactics or double-charting or nuthin'.

I am sorry you were breakeven. . .I have nothing but profits. I think maybe is broker related?
Title: Re: MegaDroid...
Post by: Trade It Easy on November 05, 2009, 05:57:57 PM
I use default settings. . .simple is as simple does  ::) for me! MD and ForexGator is about all I trust right now. . . Nothing fancy, no tactics or double-charting or nuthin'.

I am sorry you were breakeven. . .I have nothing but profits. I think maybe is broker related?
Hello paroltnik,
I have not tried Forex Gator what currency does it trade? Don't be sorry my friend I only started the new MD setup on alpari 2 days ago so it is a good thing that I am in profit now. It is a ultra small account and is sitting at just over 103 so it is up just over 3% in 2 days which is pretty good. I would be upset if the account had been open for a lot longer however so far so good. I am also running an account that has just the default MD. I still think trading multiple windows is ultimately much more profitable. Will keep all posted.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Colleen on November 05, 2009, 06:25:58 PM
Hello Autotrader,

Check out the interesting thread we have going with ForexGator at http://www.donnaforex.com/forum/index.php?topic=1197.0

We are trading the Gbp/Usd and Aud/Usd currency pairs...

Colleen ;)
Title: Re: MegaDroid...
Post by: utah1jazz on November 05, 2009, 10:34:26 PM
I was wondering if anyone knows how to fix an error I am getting with the Megadroid ; it says Authentication failed - unable to retrieve authentication code. Any help would be appreciated.
Title: Re: MegaDroid...
Post by: Colleen on November 05, 2009, 10:40:24 PM
I was wondering if anyone knows how to fix an error I am getting with the Megadroid ; it says Authentication failed - unable to retrieve authentication code. Any help would be appreciated.

Hello Utah1jazz,

I would remove Megadroid from my chart and reload it... check your settings first so you can remember how to reset your parameters (take a screenshot and save to your desktop maybe)...

See if this helps reload the Megadroid for you with the "Happy Face"...

If this does not work, reread the Manual and see if there's anything there you need to change to your settings...

And if all else fails, Open a Ticket with Megadroid Support...

Best of Luck with getting Megadroid loaded up again...

Colleen ;)
Title: Re: MegaDroid...
Post by: utah1jazz on November 06, 2009, 12:50:18 AM
Thanks Colleen,

 

         I tried what you said, but I still got the same error message so I sent a message to support.
Title: Re: MegaDroid...
Post by: Colleen on November 06, 2009, 12:52:55 AM
Hello again Utah1jazz,

Then let's hope they can help you figure this out...

Maybe the next thing is to reboot your whole pc... shut it down, start it up again and try to reload and see if that doesn't help... just another thought... and Megadroid Support should get back to you sometime tomorrow hopefully - that's usually how long it takes for me to get an answer back from them...

Hope this helps you out my Trader Friend... :)

Colleen ;)
Title: No Megadroid 1.21 Trades for Wednesday and Thursday...
Post by: Colleen on November 06, 2009, 01:16:07 AM
Hello Folks!

No Megadroid 1.21 Trades for Wednesday and Thursday... smart bot decided not to play... I was in Demo so I decided just for fun to see if the Wonder Bot would dabble for us... and it didn't...

So, Hubby has noticed that there have been no Stop Losses for the new Upgraded Megadroid 1.21 and he said, "Let's throw it on a small account at a small lot size .1 probably will do... and we'll play with Megadroid for the month of November!"  So we'll be checking the markets on Monday nite and then we just may load the Bot to go LIVE... Forex.com/UK account I think... and we'll let it rip...

See you folks next week...

Colleen ;)
Title: Re: MegaDroid...
Post by: paralotnik on November 06, 2009, 03:58:49 AM
MD made 13 pips for me this week. I am very happy with new upgrade! It is doing really well! Hoping it continues.
Title: Re: No Megadroid 1.21 Trades for Wednesday and Thursday...
Post by: dlewisfl on November 06, 2009, 05:46:29 PM
Hello Folks!

No Megadroid 1.21 Trades for Wednesday and Thursday... smart bot decided not to play... I was in Demo so I decided just for fun to see if the Wonder Bot would dabble for us... and it didn't...

I shut mine off live account after FOMC Wednesday ... odd that it didn't trade last night for you, chart suggests conditions were good for scalping.  MY ADT setup was +24 pips Monday and Tuesday night on five trades (one in -2, two in standard MD time, two in +6).  Broker is forex.com UK.
Title: Re: MegaDroid...
Post by: tlbone on November 06, 2009, 09:49:53 PM
yes....megadroid standard for me next week wrapped with a helping of rebellion and wash all that down with a big glass of pips!!...now thats what i call a healthy meal !! ;D ;D
Title: Re: MegaDroid...
Post by: LMStuff on November 06, 2009, 10:55:20 PM
I have been very selective lately with turning MD on/off on my live accounts.   The news have been driving the markets pretty crazy.  I will most likely be testing the waters next week again.   I wanted to wait for Non-Farm Payroll to pass and all these G20 meetings that are happening over the weekend.
Title: Re: MegaDroid...
Post by: paralotnik on November 09, 2009, 08:08:35 PM
I don't turn it of. . .I am afraid that I will ruin it being profitable overall. You may miss the profits and hit the losses.
Title: Re: MegaDroid...
Post by: ingonicole on November 10, 2009, 05:39:32 AM
this week i tried ADT setup again...and i have just a hanging trade in the +4 window....
Iam not happy anymore with ADT setup - i will leave MD with standard settings only
Title: Re: MegaDroid...
Post by: Trade It Easy on November 11, 2009, 12:16:09 AM
MD did well last night and this morning for me. I think the idea behind the ADT setup is brilliant and it spurred me on to create my own advanced tactics and now I think it is going well. I remove some charts from time to time for news releases and the others that arent effected as much like the ADT pairs (bar -2) I just leave on all the time. I currently have 9 charts open and I believe they are still trading relatively safely. The strongest chart in regards to win ratio is probably the default chart. I set aggressive to 'true' only on the default setting. I have recovery mode set to 'false' for all charts. MD at the moment is one of the strongest bots out there and it is sold for a very reasonable price. From now, only time will tell if MD can last a lifetime of volatile markets. Take care all
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on November 11, 2009, 01:00:56 AM
yes...ive had 3 s/l so far this week...not a good week for megadroid so far....adt--2,default...
Title: Re: MegaDroid...
Post by: dlewisfl on November 11, 2009, 02:38:06 AM
I currently have a sell order open for -2 timeframe and a buy order open for +4 timeframe, both are down ~7 pips.  I had one trade in standard time tonight, closed +6 pips.

I had two trades last night in +4 timeframe, both closed out winners (+1 and +10).  No losses since mid-October with ADT (I shut it down Wednesday and Thursday of FOMC meeting week).

*** Edit 1 *** Trade in +4 just closed +10 pips, need price to pullback for -2 trade now.

*** Edit 2 *** Trade in -2 eventually closed +1 pip
Title: Re: MegaDroid...
Post by: dlewisfl on November 11, 2009, 03:10:34 AM
MD did well last night and this morning for me. I think the idea behind the ADT setup is brilliant and it spurred me on to create my own advanced tactics and now I think it is going well. I remove some charts from time to time for news releases and the others that arent effected as much like the ADT pairs (bar -2) I just leave on all the time. I currently have 9 charts open and I believe they are still trading relatively safely. The strongest chart in regards to win ratio is probably the default chart. I set aggressive to 'true' only on the default setting. I have recovery mode set to 'false' for all charts. MD at the moment is one of the strongest bots out there and it is sold for a very reasonable price. From now, only time will tell if MD can last a lifetime of volatile markets. Take care all
Regards
Autotrader

Auto - care to reveal what timeframes you are running?
Title: Re: MegaDroid...
Post by: tlbone on November 11, 2009, 11:26:48 AM
its not hard to tell that when traders are using the same setups but get complete diff opposite trading outcomes that the brokers are controlling the ballgame...
Title: Re: MegaDroid...
Post by: paralotnik on November 11, 2009, 04:26:24 PM
No MD trades yesterday, but one on Monday night. It was profitable and then negative for a good long while. Ended up taking +1 pip. Made me happy to be positive after all of that.
Title: Re: MegaDroid...
Post by: Kaylan on November 11, 2009, 05:17:27 PM
I am using MD live with ADT

last night was a good night for me
   
 
17178727 2009.11.11 03:21 buy  0.34 eurusd 1.49863  1.49368 1.50363  2009.11.11 03:55 1.49963 0.00 0.00 0.00 20.31

Kaylan 8)
Title: Re: MegaDroid...
Post by: Colleen on November 11, 2009, 05:18:15 PM
It's Wednesday, November 11th, 2009...

No Megadroid 1.21 trades in my LIVE account with my Forex.com/UK account trading at a minimal lotsize of .1 ...

Stay tuned... maybe tonite there will be a trade for me...

Colleen ;)
Title: Re: MegaDroid...
Post by: hammy on November 11, 2009, 07:29:25 PM
MD 1.21 does trade oddly now, I had a 1 pip trade last night, don't know why it trades such small trades and closes the trade quickly. Is everyone else getting these smallish trades as well ?

thanks,
hammy
Title: Re: MegaDroid...
Post by: ddethan on November 12, 2009, 12:15:49 AM
Hi Megadroid user,

i have installed megardoid 1.21 in MT4 platform last month. For the first 2 weeks, it trade accodingly.

Somehow, since last week i noticed no more trade from megadroid e.a. and when i check expert tab, there are notices came out "sell operation failed - error(146):trade context is busy" for more than 10 times. BTW, i am using instaforex.com broker.

Besides, megardroid i also installed other e.a. trading EURUSD pair, seem they are working well.

Anybody experince these situations and any solution to solve this problem?
Title: Re: MegaDroid...
Post by: dlewisfl on November 12, 2009, 02:12:56 AM
MD 1.21 does trade oddly now, I had a 1 pip trade last night, don't know why it trades such small trades and closes the trade quickly. Is everyone else getting these smallish trades as well ?

thanks,
hammy

I've had 1-pip winners but they were anything but quick trades.  The trades were in drawdown, some for hours, and MD closed them when price came back and they turned profitable.  I've seen MD take the 1-pip after extended time in drawdown only to watch the price continue in the same direction minutes later for what would have been the 10-pip profit.
Title: Re: MegaDroid...
Post by: Ghosthand on November 12, 2009, 06:46:42 AM
After all these days seeing threads posted by guys here that using EAs.. from A-Z.   Been years but no one else can proudly claim : i m finally financial Independence bcos of using XXX EA...  :P   But mostly>>  doing well so far... then couple weeks later, oh gosh,  StopLosses has wipe out whole profit, then start again ...happen months and months.     How many years we hav to waste in this???      I m really tired of trying all this crab.    My manual trade even better accumulate profits, i think guys, better learn from starting and have happy but realistic  life.
I know some of u might screw me bcos of this, but face the truth, look at ur account, how's d progress since 1st day u deposited ur fund?
Title: Re: MegaDroid...
Post by: tlbone on November 12, 2009, 11:52:12 AM
well guess i would have to say that ive mostly just broke even so far....lost starting out then gained and profited and now back to just beginning amount....i keep megadroid and fapturbo around seems just for kicks and watching the market to see if maybee it will return back to at least this summers trading momentum....other than that im spending all of my time learning the manual trading strategies.....i would have to say that if it wasnt for these ea's i wouldn't even have attempted to think about learning to trade manually but they have shown me the reality of the real trading that goes on ....... :)
Title: Re: MegaDroid...
Post by: pakallis on November 12, 2009, 12:29:00 PM
After all these days seeing threads posted by guys here that using EAs.. from A-Z.   Been years but no one else can proudly claim : i m finally financial Independence bcos of using XXX EA...  :P   But mostly>>  doing well so far... then couple weeks later, oh gosh,  StopLosses has wipe out whole profit, then start again ...happen months and months.     How many years we hav to waste in this???      I m really tired of trying all this crab.    My manual trade even better accumulate profits, i think guys, better learn from starting and have happy but realistic  life.
I know some of u might screw me bcos of this, but face the truth, look at ur account, how's d progress since 1st day u deposited ur fund?

Well, let me say a few words.
I am also in this journey of expert advisor and automated trading.
I started trading forex a year ago, having no knowledge about forex,stocks options or whatever else.
My first robot in a live account was fapturbo. I made 60% in two months by using high risk settings. I was very happy and i thought that automated trading would make me a millionaire one day. Then, I began this journey to the wonderful world of robots, buying more and more robots,testing and refunding. Now, 1 year later , the only profitable robot for me( longterm) is fapturbo.
If you ask me now if i know more about eas, i will tell you yes. I have gained more experience
even to use this experience in manual trading or to code my ea. Automated trading is at its first steps. We are the pioneers of automated trading. Our task is to test,test and discuss about all these eas that exist in forex, to find the profitable ones and use them. To see why something doesn't work. I can say, that i have lost money from automated trading(not much), but i have gained some experience which will be useful in the future.
Sometime, in the future, we will be able to find something that works great for everyone,something that will be the holy grail. And we will be the first ones who will get rich from automated trading.
Until then, we will never stop trying eas and discussing about them....
Title: Re: MegaDroid...
Post by: Colleen on November 12, 2009, 01:07:44 PM
After all these days seeing threads posted by guys here that using EAs.. from A-Z.   Been years but no one else can proudly claim : i m finally financial Independence bcos of using XXX EA...  :P   But mostly>>  doing well so far... then couple weeks later, oh gosh,  StopLosses has wipe out whole profit, then start again ...happen months and months.     How many years we hav to waste in this???      I m really tired of trying all this crab.    My manual trade even better accumulate profits, i think guys, better learn from starting and have happy but realistic  life.
I know some of u might screw me bcos of this, but face the truth, look at ur account, how's d progress since 1st day u deposited ur fund?

Well, let me say a few words.
I am also in this journey of expert advisor and automated trading.
I started trading forex a year ago, having no knowledge about forex,stocks options or whatever else.
My first robot in a live account was fapturbo. I made 60% in two months by using high risk settings. I was very happy and i thought that automated trading would make me a millionaire one day. Then, I began this journey to the wonderful world of robots, buying more and more robots,testing and refunding. Now, 1 year later , the only profitable robot for me( longterm) is fapturbo.
If you ask me now if i know more about eas, i will tell you yes. I have gained more experience
even to use this experience in manual trading or to code my ea. Automated trading is at its first steps. We are the pioneers of automated trading. Our task is to test,test and discuss about all these eas that exist in forex, to find the profitable ones and use them. To see why something doesn't work. I can say, that i have lost money from automated trading(not much), but i have gained some experience which will be useful in the future.
Sometime, in the future, we will be able to find something that works great for everyone,something that will be the holy grail. And we will be the first ones who will get rich from automated trading.
Until then, we will never stop trying eas and discussing about them....

Hello pakallis,

I have been in this journey of Forex Trading since the summer of 2008... (Hubby and I were trading Options on the Stock Market for 3 years before this...) Marcus Leary kept spamming my new pc for Fapturbo trading... "Hi, My name is Marcus Leary, I can show you how to make a thousand dollars a day... etc.," and so we wandered over to the website and bought the bot... ;)

Dabbled with it, found profit, then profits wavered and we put the ea on the shelf for better days... we had less currency pairs to trade than in the profitable heyday trading Gbp/Chf and Eur/Gbp (the Usd/Cad never was tradeable as the trades kept losing) of December and January and were down to trading the Eur/Gbp in the end and my FXDD broker limited the trades profit taking with high spreads and we faded out this ea... we then opened up some FXCM accounts and moved over to a new ea...

Hubby and I then started trading another ea called Piptronic and we made our monies trading with this one... $9K profit (1/2 bot, 1/2 manual trading) last Spring Folks! Woo Hoo!  Summer came though and this scalping trading system during the Asian Timeframe didn't work anymore and we retired this bot also...

We learned about The Aslan Group at this time and put our 2 FXCM accounts onto the Rebate Plan with them and started getting extra monies each month just for trading - win, lose or break even and this made us even more money trading Forex...

Bought the Megadroid ea and found the pips in profit in the beginning... then summer hit and the profits turned to s/l here and there and we put this ea on the shelf and in Demo - just got an upgrade and we're Live again here...

I have been over at The Trader's Secret Library learning Manual Trading and dabbling with some bots as I go over there also... I have studied over at Babypips.com and have learned some basics in Forex over there too...

And I am demoing some eas and semi-automatic trading systems and have gone live with ForexGator - see the thread on this amazing system - I am Gator Dancing over there with this system - me and many others...

Now we've opened a new MIG and Forex.com/UK account and those are also under The Aslan Group Rebate Plan too... my rebates are rolling into my Paypal account each month to earn us extra money trading Forex... +$400-+$500 extra a month because of our volume we are trading...

So I always have to say... Demo, Demo, Demo the eas and if it works, trade it Live with small lotsizes and money management in place...

Fapturbo?  Made money with it... broke even just about in the end... maybe a little less but onward I went...

Piptronic?  Woo Hoo... made money honey with this little bot back in the Spring...

Megadroid?  Was a very nice bot in the beginning - made the Pips here in PROFIT then summer hit and the bot wavered... went to Demo... Got the Upgrade last month and I'm Live this month with the Megadroid 1.21... let the games begin here... :)

ForexGator?  That's my thing I'm doing right now and I'm making the Profits here....

I also have demos going to test out some other systems these days...

We're dabbling with some other things too to find the Pips with some manual trading - Hubby and I have been doing a lot of studying this year on that note... Finding some pips here also... so there's also money to be made working with the manual trading too but you still do require a trading plan or system to trade... (although Hubby was dabbling with some "Naked" manual trading (no indicators) last Fall with the Usd/Cad - he scored about 2K doing that...).

And we just opened up two new trading accounts with MIG and Forex.com/UK and have The Aslan Group Rebates rolling into our Paypal account each month now too - to the tune of about $400-$500 each month because of the volume we trade... so that's extra money we earn trading Forex...

And so discussions on the manual trading systems exist also so we can chat it up about those strategies... in those threads... ;)

But Ghosthand, let's still check out those interesting eas and signalling systems out there too and find those pips together... and so the discussions continue here... this is the Megadroid thread I believe... and then there's threads members will post their demo and live results and strategies with expert advisor systems, compare notes and see if they can find the profitable pips trading with eas... ;)

Colleen ;)

PS - my Rebates in my Paypal this month total $406.01 from last months trading with The Aslan Group Rebate Plan - Check out the Brokers we work with and see how you can earn Rebates too!

And that's another way to earn money trading FOREX...

Click on the link in my Signature below...
Title: Re: MegaDroid...
Post by: dlewisfl on November 12, 2009, 09:33:29 PM

And we just opened up two new trading accounts with MIG and Forex.com/UK and have The Aslan Group Rebates rolling into our Paypal account each month now too - to the tune of about $400-$500 each month because of the volume we trade... so that's extra money we earn trading Forex...


I had heard that MIG does not like scalpers ... what's your experience been there?  What's the Aslan rebate rate for MIG?
Title: Re: MegaDroid...
Post by: Colleen on November 13, 2009, 12:57:26 AM
Hello dlewisfl,

Check out The Aslan Group - MIG information on this link http://www.donnaforex.com/forum/index.php?topic=1121.0

For those concerned about

They consider a scalp trade to be one that is opened less than five minutes and closes for less than 10 pips.

So of it is opened less than 5 minutes and closes for more than 10 pips it is not a scalp or if it closes for less than 10 pips but is open for longer than 5 minutes it is also not a scalp.

In order to be in violation of their terms, more than 90% of your overall volume needs to fit their definition of a scalp trade. So even if you do close trades in under 5 minutes for less than 10 pips, as long as it is not 90% of your volume you will be fine.

And for MIG Investments we pay a rebate of 0.36 pips / lot - New and Existing Accounts

Hope this info helps you out a bit in considering a MIG account for your portfolio...

Our experience with trading our MIG account has been nice spreads and good execution of trades and customer service seems good so far and there are more steps to follow to open an account with this Swiss brokerage but that's to be expected - identification needs to be notarized and mailed to them in Switzerland - takes about a week to open and fund an account... Minimum Deposit is 5K and you do trade at .1 lotsizes...

Colleen ;)

Title: Re: MegaDroid...
Post by: Colleen on November 13, 2009, 03:08:29 AM
No Trades to report on my Forex.com/UK LIVE Account with the Megadroid 1.21 ea...

Let's see what next week brings us though...

Colleen ;)
Title: Re: MegaDroid...
Post by: Ghosthand on November 13, 2009, 04:18:24 AM
Hi Pakallis, is something personal here, i hope wont bother u guys. I and a fren trying do some simple EA but facing problem, i dono whether u bother to give me a hand....
we do 2 EAs, buy when above 60MA , and sell above 60MA too.(Diff magicnum ofcos),  it mean 2 EAs should hav entry same time when price above 60MA independently, but it cant.... Pls help.
The sample EA is here, hope Donna wont delete it, we been asking around but no one help...
http://www.tradingsystemforex.com/mql-programming/2525-problem-multiple-ea-one-currency-pair.html
Sorry guys, is out of topic.   Hope u guys enjoy MD's ride
Title: Re: MegaDroid...
Post by: paralotnik on November 13, 2009, 06:17:46 AM
I have a similar strategy to Colleen. My star system right now is ForexGator. . .manual input, but I like it! Done trading by 10 am daily. Seems to be GREAT stuff, and complements Megadroid nicely, since it works in opposite times. Plus, since no trades with Megadroid this week, was nice to have pips with ForexGator (+100, I think.) Am testing a hundred things....  ::)
Title: Re: MegaDroid...
Post by: pakallis on November 13, 2009, 08:31:15 AM
Hi Pakallis, is something personal here, i hope wont bother u guys. I and a fren trying do some simple EA but facing problem, i dono whether u bother to give me a hand....
we do 2 EAs, buy when above 60MA , and sell above 60MA too.(Diff magicnum ofcos),  it mean 2 EAs should hav entry same time when price above 60MA independently, but it cant.... Pls help.
The sample EA is here, hope Donna wont delete it, we been asking around but no one help...
http://www.tradingsystemforex.com/mql-programming/2525-problem-multiple-ea-one-currency-pair.html
Sorry guys, is out of topic.   Hope u guys enjoy MD's ride
I can code it for you. But lets discuss it in the ideas of expert advisors sections.
Title: Re: MegaDroid...
Post by: Trade It Easy on November 17, 2009, 07:51:24 PM
Only had a few trades today and yesterday from MD. So far so good though. Alot of them arent closing for full TP but some are being saved from their SL by closing for a very small profit or tiny loss so I am happy to sometimes only take away half a pip or so rather than a full SL. However I still had some good trades and full TP trades. I am happy with the system and I trust it will do well for the forseeable future. Anyway its my supper time so take care all and keep up the good work.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: chk56 on November 18, 2009, 08:10:49 PM
I have been online since march. The only system, be it EAs or manual that performed consistently for me has been and is Megadroid. Not the modded versions, nor ADT, just bare Megadroid on standard settings with recovery mode off. I never have hit full SL. Just like Autotrader says, even when it loses, it closes on a pip or half a pip in profit.

For me, it has become the only way to repair damaged accounts.
Title: Re: MegaDroid...
Post by: tiffanyfanny on November 19, 2009, 05:23:04 PM
Only had a few trades today and yesterday from MD. So far so good though. (http://www.DATINGADVICEGUIDE.INFO/smiles.jpg)Alot of them arent closing for full TP but some are being saved from their SL by closing for a very small profit or tiny loss so I am happy to sometimes only take away half a pip or so rather than a full SL. However I still had some good trades and full TP trades. I am happy with the system and I trust it will do well for the forseeable future. Anyway its my supper time so take care all and keep up the good work.
Regards
Autotrader

This is what makes forex megadroid so consistently profitable..

It doesn't go for homerun always and keep whatever it can...even 20 pips profits can add up over time...

I have forex robots making me few hundred percent in a week but gave back all in another week...

Whats the point man  ::)
Title: Re: MegaDroid...
Post by: Colleen on November 19, 2009, 11:25:44 PM
Hi Folks,

Scored +10 Pips Profit with Megadroid 1.21 on my Forex.com/UK

Waited all month for this trade... well profit was found...

Colleen ;)
Title: Re: MegaDroid...
Post by: robinkm on November 20, 2009, 10:29:53 AM
by the same token i had my alpari account ok but my activetrades account went for a full stop loss and wiped out the months profit in one hit  :(...... typical of te hlast couple of months
Title: Re: MegaDroid...
Post by: hammy on November 20, 2009, 02:03:22 PM
Hi Folks,

Scored +10 Pips Profit with Megadroid 1.21 on my Forex.com/UK

Waited all month for this trade... well profit was found...

Colleen ;)


Yes, Colleen, I had the same trade on my live Forex.Com account.

Nice !    ;D
Title: Re: MegaDroid...
Post by: paralotnik on November 20, 2009, 04:31:17 PM
Me, too, chk. . .never have hit full S/L since March, though hear about a lot of people who do. Can I ask what rick you run to repair your accounts?

Also got my +10 last night! Woot! Love that MegaDroid. . .doesn't trade much, but when it does....it's profit!
Title: Re: MegaDroid...
Post by: SquareRoot on November 20, 2009, 05:14:45 PM
I did not get a live or demo trade on FXDD last night.
Title: Re: MegaDroid...
Post by: chk56 on November 21, 2009, 02:07:37 AM
Me, too, chk. . .never have hit full S/L since March, though hear about a lot of people who do. Can I ask what rick you run to repair your accounts?

Also got my +10 last night! Woot! Love that MegaDroid. . .doesn't trade much, but when it does....it's profit!

Call me crazy, but I put the risk level on 0.4 (40%). That's how you get a decent profit when it trades. It doesn't trade often, but with a good reason. I tried all these forced time offset setups (Jamesmods, ADT), and then it trades often, but you have to reduce the risklevel enourmously because then it will also hit SL with a certain frequency, thus losing its overall profitability (at least for me).

This EA is very smart designed, it recognizes exactly, when conditions are not right for a profitable trade, and won't enter it. It will build up slowly, but better build up slowly than losing all quickly!  ;) Then, it's the only scalper EA I've tried, which has NOT lost any of its performance since it's release. I don't think that it adapts to changing markets, it's just that it doesn't get fooled by unfavourable conditions, unlike FT, which seems always to open a trade in it's programmed timewindow, regardless of too narrow price ranges or crazy trends (which lately happen with increasing frequency during those "off hours" where world banks were supposed to be closed, and markets should be ranging).
Title: Re: MegaDroid...
Post by: Trade It Easy on November 23, 2009, 10:46:27 PM
Waheey I had a trade with default MD! 2009.11.23 (GMT +2) 23:28 buy 0.22 eurusd 1.49591 it took profit at 1.49647 (+6 pips) 2009.11.24 00:30 with a profit of 12.32 and a positive swap of 0.47. Go default! lol I also had a winning trade on my default -2 chart. I sometimes turn the -2 chart off as it could clash with news releases. Anyway anyone else get this default trade? I did not get the last one people were talking about. My risk is set to 0.2 however tempted to crank it up to 0.3.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on November 24, 2009, 01:16:32 AM
have a trade going with megdroid and its a default trade and its loosing big time....start time was 00:58 mw time....strength indicator shows usd is running too strong tonight for eur to take any profit....bad timing i would say ....trades been active for 2 hours....hope it retraces before megadroids timing is up....
Title: Re: MegaDroid...
Post by: robinkm on November 24, 2009, 10:11:37 AM
not so good for me, two full stop losses this week on my activetrades account and one on my alpari...i find it weird that i don't move ahead with this ea when others appear to..its just ground to a halt for me..... running with two different brokers i can't believe the differences i get..which in many respects make a mockery of comparing results..i'm also with the same broker as donna(alpari), same account (micro) same settings (as far as i know)..... her md hasn't traded since the 20th...i've had 5 trades since including a stop loss.....makes the whole thing a bit of a joke ?
Title: Re: MegaDroid...
Post by: Trade It Easy on November 24, 2009, 10:14:47 AM
hello tlbone,
That is very unfortunate. Did it close for a profit or loss in the end? It is weird how it changes so vastly from broker to broker. MD ended up trading 5 times last night... all profitable. MD smashed out 45.5 pips. In recent times that is very good for my MD. At the moment the most profitable pair is the default setup. However this is due to this time frame trading the least and has the largest risk setting. So far I do have 2 other chart setups that also have not hit any losers since they have been setup. Fingers crossed! Anyway just wondering if anyone else had MD trades last night? Profit, loss? Please tell us.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on November 24, 2009, 10:22:59 AM
hello robinkm,
Do you just run the default setup? I have only had one trade with default this week. Including last nights trade it has traded only twice in the last 2 weeks. Since the very end of september I have only had 9 trades with default MD however all have been winners so there is a bright side. I set my MD aggressive to true, do you robinkm? If not then you should. I however turn recovery mode off. If you are only trading the default MD then it seems to be trading alot in fact probably too much.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on November 24, 2009, 01:01:34 PM
i havent been using aggressive mode....will try at this time...but since high level GMT meetings today i will be very leary about megadroids trading time tonight....megadroid finished up my last trade with -.4 pips....cant complain about breaking even in times like these...was free trading xp .....
Title: Re: MegaDroid...
Post by: jenks on November 24, 2009, 01:39:06 PM
I had 8 trades last night with 7 winners: 3 on megadroid all full winners, 5 on fapturbo, 3 usdcad and 2 on usdchf.  I ended the night down because the usdcad hit its full stop.  Work that one out! I get the feeling we're fighting a losing battle here guys.

Jenks
Title: Re: MegaDroid...
Post by: tlbone on November 24, 2009, 01:57:28 PM
hey traders....grab this freebie currency signal strength tool...i use it to detect which pairs are the strongest and weekest to trade at a given time....shows main currencies at the same time on one bar....i just overlay the mt4 over the top of it and pull mt4 up abit to cover the advertising ....so far its helped me to analyze which will be best to jump into....but then its been around for awhile and others are newer but this one is still free..."free" works for me...hope this is not illegal to post a link....

http://www.newsprofiteer.com/newsprofiteer-meter.html (http://www.newsprofiteer.com/newsprofiteer-meter.html)
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 24, 2009, 04:48:56 PM
MD smashed out 45.5 pips. In recent times that is very good for my MD.

Hey Autotrader,
What times are you trading MD?  I pulled out 35.5 pips last night on -2, Default, and +4.  I also trade +6 but no trades from last night.

Just curious,
Mark
Title: Re: MegaDroid...
Post by: muriloqa on November 24, 2009, 06:25:32 PM
Hi,

Can I use my MD on more than one live account or should I get another license?

Thanks!

Title: Re: MegaDroid...
Post by: Trade It Easy on November 24, 2009, 08:29:35 PM
MD smashed out 45.5 pips. In recent times that is very good for my MD.

Hey Autotrader,
What times are you trading MD?  I pulled out 35.5 pips last night on -2, Default, and +4.  I also trade +6 but no trades from last night.

Just curious,
Mark

Hi Mark,
I am trading -16 -3.5, default, +2, +4, +6, +11.4, +23. I am thinking of changing my -3.5 back to -2 as I have recently experienced one or 2 Sl's due to it trading during news release times. I now turn it off on high impact news release days. After tonight I shall also be trading -2. Well done on pulling out those pips my strongest were those 3 pairs too. How long have you been using that setup for? Is it the ADT setup? if so which one? overlap? hybrid? unified?
Regards
Autotrader

Hi,

Can I use my MD on more than one live account or should I get another license?

Thanks!



To muriloqa!
Yes you can use MD on as many live accounts as you wish! You don't have to get another license. If you have any more questions please feel free to ask.
Here to help!
Autotrader  ;D
Title: Re: MegaDroid...
Post by: Trade It Easy on November 24, 2009, 08:32:37 PM
my bad mark I just noticed you use Mod B. What does it entail? i never tried and of james' mods. Please tell me more about them. Also how has your -2 chart done in the last month or so??? many SL's?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: mpetersrx7 on November 24, 2009, 10:00:44 PM
my bad mark I just noticed you use Mod B. What does it entail? i never tried and of james' mods. Please tell me more about them. Also how has your -2 chart done in the last month or so??? many SL's?
Regards
Autotrader

Hey Autotrader,
The -2 chart does probably encounter SL more than any of the others I am running, except backtesting and forward testing have proved it to be profitable.  James mod is nice in that it is a single chart to perform all the mods with instead of opening different charts with ADT.  The bad thing is that you can not select differing risk levels with differing chart times like ADT.  I believe you can do this with the ModC, but you need to pay for this one.

I have switched accounts recently so I need to go back and look at the -2 chart in particular to see the SL.  I always turn off MD during FOMC days usually for a couple days.  This has avoided a couple SLs.  Also the month of October according to Ben at ADT is the worst month for MD so I had it off for some of the end of that month also.  the 2 SL I see from the -2 chart are 11/04 and 10/19.  Before that I was using ADT so it is hard to tell on the statements.  Been using James Mod since 10/15.

I will shut it down for the holidays this week also.

Honestly Lexxus has been wiping out the account.  MD always seems profitable except in October.

HTH,
Mark
Title: Re: MegaDroid...
Post by: Trade It Easy on November 25, 2009, 12:10:00 PM
Cheers mark, so your -2 pair is still profitable? I have jsut removed my 11.4 pair. I forgot to remove it today so it clashed with todays very volatile market and hit its 4th SL which has now put it into negative trading. If I had remembered my rules I would have avoided the SL. I dont want it to happen again so I am just going to put it back into testing for now. I am testing default -1 at the moment. I want to see if it clashes with the default setting much and see if it is a profitable setup. If it is it will be replacing the -3.5 chart. I am soon thinking of just keeping the charts that have had no losses or just one loss in the last month. I will be cranking up the risk level on those that have had the least losses and highest pips gained. Anyway I hope I find that happy medium soon! lol.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on November 26, 2009, 09:49:18 AM
turned MD off last night. I left it on though on demo to see how it performed. It performed very well! All winning trades 3 of which took full TP. Only one small loss of about a pip or less. I am still happy to have turned it off due to the volatility of the market. Anyway lets hope things go well the rest of this year and in the new year!
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on December 02, 2009, 01:21:33 AM
had a trade mon, tues....anyone else ?....might be a good week...both were profit....
Title: Re: MegaDroid...
Post by: Trade It Easy on December 02, 2009, 04:27:16 AM
Well done tlbone!
I was not so lucky. I hit a SL over the wknd. My fault I decided to leave my md to trade friday this time and it was a bad decision. I also hit another SL yesterday(monday night). However I have had 3 trades last night/this-morning so I hope it climbs back up. I shall no longer even bother during friday day. Md does well during the morning session but anything past about 10am it is jsut not worth the risk. I just had to learn the hard way. I doubt my MD will get back into profit this week unless I upped the ante. I shall not do though and will just wait to recoup the 2 SL's. What Time frames did you get your trades on? Default? +2 etc... Keep up the good pips!  ;D
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 05:53:50 AM
Wow I thought id never say this... I hit an SL on the DEFAULT CHART. First time this has happened! boooo lol. Lets hope it doesn't happen again anytime soon. I think this will be my 2nd week ever down with MD. Anyone else get hit by the SL? i Have aggressive set to true.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: DamBuster on December 03, 2009, 06:26:07 AM
Yep, was gobsmacked to see MD hit SL on default (aggresive = true for me also) but it is normally so reliable and so profitable that I won't let it bother me for the moment...  :)
Title: Re: MegaDroid...
Post by: Colleen on December 03, 2009, 06:57:26 AM
For December,

My Live Forex.com/UK account is being used for other systems hubby is working on... I did hear there was a Tuesday, December 1st - nite Profit for Megadroid 1.21 and then Wednesday, December 2nd nite Stop Loss was hit...

I won't be able to run Megadroid 1.21 Live until January again... as I'm on Vacation next week Thursday, December 10th - 17th and then it's the Christmas week so I will resume trading Live Megadroid 1.21 in January...

Happy Holidays Everyone!

Colleen ;)
Title: Re: MegaDroid...
Post by: swingerfx on December 03, 2009, 07:05:41 AM
HI,
    I`m Ken, only fairly new to FX robots, but I am using MD on std settings in aggressive mode. And yes I too took a big hit on stop loss this morning unfortunately. It has been up to now for the last 2 months very profitable, hardly a loss. However it doesnt trade often. I have been reading this thread and it seems you guys get a lot more trades than me. I probably avg 3 trades a week. I also read of tweaked settings however I cant see how in MD you can tweak anything unlike my other bots which have many settings to play with. You also mention different charts like -2, +4, etc. I`m dont understand what you are describing here but would love to be enlightened. So if you can answer any of my queries I would be delighted, thankyou.

Cheers,
           Ken.
Title: Re: MegaDroid...
Post by: DamBuster on December 03, 2009, 07:24:28 AM
Hi swingerfx, welcome!

If you are getting 2 to 3 trades a week using default MD then you are doing well as some only get 2 to 3 per month!

Regarding the + or - charts that re referred to then this is ADT (http://www.droidtactics.com). Some swear by it, others dont

Then there are "modded" version of MD known as modA, modB, modC and so on. Have a Google and you should get to those offering these types of setup

But as always, it's best to DYOR :)
Title: Re: MegaDroid...
Post by: Sir Sedgwicke on December 03, 2009, 07:47:07 AM
Yes I also took a S/L with MD.  I lost 25% of my account balance as a result.  Aggressive=true.  However, MD opened two identical trades at once.  I have never seen MD do this until I received the Swissy Auto-Scalper (supposedly from the MD boys) as a bonus for purchasing Forex Enforcer.  The Auto-Scalper was opening double identical trades whenever it traded.  I uninstalled the Auto-Scapler, uninstalled MD and reinstalled it from scratch.  Tonight MD opened two identical trades (short).  I knew this was the wrong direction as it was at the bottom of a price dip (this is the same way the Auto-Scalper trades, goes short at the wrong time).  Sure enough, it went on to hit the S/L.  When following a trend, you buy the dips, that is not the place to go short.  

When I looked on the Forex Enforcer site, someone else had the same issue with double trades occurring at the same time with Enforcer.  I got the Auto-Scalper from MD as a bonus and thought it was going to perform like MD, which was the only reason I bought the Enforcer, but it was terrible.  Out of 18 trades, 50% were losers.  This is not indicative of MD.

Makes me wonder why Auto-Scalper and Enforcer are both producing double trades and now my MD is doing the same thing.  My confidence in MD has just declined significantly and I have turned off MD until I get a response from support, which should be interesting.  When I wrote them about the problem (opening double trades) with their much touted EUR/CHF scalper (from their private collection) and its poor performance, the response was a one sentence reply in broken English stating that it performed well in backtesting.  What kind of an answer is that?

Isn't this typical of robots?  They go along fine for awhile and then, wham!!, all of your gains are lost.  I thought MD was an exception as I've had it since its launch and it has performed well, but something is wrong.  I'll bet this S/L doesn't show up on their website either.  None of the other S/L's have shown up since March 20th.  Go figure.



Title: Re: MegaDroid...
Post by: DamBuster on December 03, 2009, 08:06:57 AM
That double trade is very strange, what broker are you with?

I'm on Alpari UK live and it took a single trade (sell) at EURUSD 1.50485 at 23.05 (broker time)

2 other demo accounts (FxPro and FXCM) that I use for reference also took single trades within +/- 1 minute and very close to the entry price of the Alpari UK account
Title: Re: MegaDroid...
Post by: bigknd on December 03, 2009, 08:13:14 AM
Yes Alpari (UK) working fine for Megadroid, Forexenforcer and Accuscalper only taking one trade at a time, Accuscalper did result in a SL but this was the first SL in 6 trades so still in profit with this one. This double trade must be broker related, very strange  :-\
Title: Re: MegaDroid...
Post by: dlewisfl on December 03, 2009, 10:30:41 AM
My MD has been humming along on forex.com UK live account, no SLs since mid October.  Using ADT Overlap setup (-2, default, +4 and +6).  I had it turned off Monday as it doesn't trade last couple days of month, had 5 winners Tuesday and Wednesday for a total of 30 pips (one trade on -2, two on +4 and two on +6).  As per Ben's latest setup guidelines, I have Aggresive turned OFF on all charts.  Has been working out quite well for me.
Title: Re: MegaDroid...
Post by: hammy on December 03, 2009, 02:05:56 PM
I had a huge SL with MD 1.21 last night.

anyone else ?    :'(
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 02:19:56 PM
My MD has been humming along on forex.com UK live account, no SLs since mid October.  Using ADT Overlap setup (-2, default, +4 and +6).  I had it turned off Monday as it doesn't trade last couple days of month, had 5 winners Tuesday and Wednesday for a total of 30 pips (one trade on -2, two on +4 and two on +6).  As per Ben's latest setup guidelines, I have Aggresive turned OFF on all charts.  Has been working out quite well for me.

can you enlighten me what agressive does when its on???

its not clear to me when reading the manual.

is it going for more pips or using larger lot sizes??

Title: Re: MegaDroid...
Post by: erwal on December 03, 2009, 03:19:47 PM
Reinerh,

My understanding is that the 'Aggressive' strategy looks for the same trade set-up, but using a shorter timeframe, so it finds more trade entries, but of course they are more risky.
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 03:41:28 PM
Reinerh,

My understanding is that the 'Aggressive' strategy looks for the same trade set-up, but using a shorter timeframe, so it finds more trade entries, but of course they are more risky.

hey that might be it, i have searched high and low in the manual and its so not clear.

so adt recommends having it set to false then.

thx much erwal
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 03:49:07 PM
Reinerh,

My understanding is that the 'Aggressive' strategy looks for the same trade set-up, but using a shorter timeframe, so it finds more trade entries, but of course they are more risky.

hey that might be it, i have searched high and low in the manual and its so not clear.

so adt recommends having it set to false then.

thx much erwal

Erwal is pretty much bang on however from my personal experience and other traders experience if it is set to false there are alot fewer trades and it still hits as many or more losses. I know this sounds strange but for me it was true. Since I have st it to true I had a massive string of trades where I hit no SL's with it until the other day. I think you should choose which you favour for now however run a demo test with the 2 charts with with aggressive on and the other off. Then you can see which one comes out on top.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 03:58:56 PM
Reinerh,

My understanding is that the 'Aggressive' strategy looks for the same trade set-up, but using a shorter timeframe, so it finds more trade entries, but of course they are more risky.

hey that might be it, i have searched high and low in the manual and its so not clear.

so adt recommends having it set to false then.

thx much erwal

Erwal is pretty much bang on however from my personal experience and other traders experience if it is set to false there are alot fewer trades and it still hits as many or more losses. I know this sounds strange but for me it was true. Since I have st it to true I had a massive string of trades where I hit no SL's with it until the other day. I think you should choose which you favour for now however run a demo test with the 2 charts with with aggressive on and the other off. Then you can see which one comes out on top.
Regards
Autotrader

i just recently started demoing it again and had it on true so far = agressive on.

and i have also gotten very decent results in about 3 weeks run time, of course there is the odd sl every once in a while but the wins make up for it.

also whats really odd is that i did not get any sl last night when a lot of people did. of course mine were demos :)
Title: Re: MegaDroid...
Post by: Sir Sedgwicke on December 03, 2009, 04:10:02 PM
I don't think this issue is broker specific.  I'm using GallantFX for the live account and FXCBS for the demo.  The demo account opened two trades at the same time as the live account and they also ran until S/L's were hit.

I referenced the individual who had the same thing happen with Forex Enforcer.  I didn't download Forex Enforcer as I never got the files, but that wasn't important to me since I was just after the EUR/CHF Auto-Scalper.  As a matter of fact, the first trade that Auto-Scalper opened, it opened three trades at once, but I only saw one arrow on the screen.  When I looked at the orders in Terminal, there were three distinct orders opened and running.  Auto-Scalper took anywhere from 14 to 30 hours to complete trades and they were all losers.

Since Forex Enforcer and Auto-Scalper are doing the same things on different peoples' computers with different brokers, there has to be a common denominator with these robots.
Title: Re: MegaDroid...
Post by: iceman02 on December 03, 2009, 07:01:05 PM
I had a -328 loss last night. Anyone experience the same?
Title: Re: MegaDroid...
Post by: SquareRoot on December 03, 2009, 07:03:29 PM
I did not get any trades on default MD this week. ... probably a good thing... makes me wonder though. Trading live on FXDD.
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 07:05:20 PM
I had a -328 loss last night. Anyone experience the same?

wtF!! -328!? On which charts? I also had a loss on the +4 chart and the default chart. Probably had around a 100 pips loss. Lickily my +4 chart is on an ultra low bet size but my default was on 0.25! As soon as I have made back that loss I shall be decreasing it for the time being until I have had another really good run. I have been testing some new charts iceman that so far have been more successful than 2 of the adt charts.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 07:07:40 PM
Reinerh,

My understanding is that the 'Aggressive' strategy looks for the same trade set-up, but using a shorter timeframe, so it finds more trade entries, but of course they are more risky.

oo Forgot to mention... I did not get any trades on my alpari demo!! account last night so it missed all the losses that occurred everywhere. One of my FapT pairs was hit last night too. Not a good past couple of days for MD. Break even for FapT. Really good for sniper. Ok for shocker except in DD at moment with it. Not great for robominer though! I have turned it off for now.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 07:39:12 PM
I had a -328 loss last night. Anyone experience the same?

wtF!! -328!? On which charts? I also had a loss on the +4 chart and the default chart. Probably had around a 100 pips loss. Lickily my +4 chart is on an ultra low bet size but my default was on 0.25! As soon as I have made back that loss I shall be decreasing it for the time being until I have had another really good run. I have been testing some new charts iceman that so far have been more successful than 2 of the adt charts.
Regards
Autotrader

auto,

you might want to try 11 30 est time as start time on the euro,

thats a nice reversal time every day..................
Title: Re: MegaDroid...
Post by: Poindexter on December 03, 2009, 08:45:06 PM
Has anyone been using FXmegdroid on the default settings for the last 6 months and not had any losses?

I don't understand how people are still interested in this robot when they are blatantly manipulating results. Their website shows no losing trades since March. From what I've read on various forums and live price test, not a single person has matched those results.

Is it because people want to believe it so much?
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 09:04:19 PM

agressive on =

just had a agressive demo trade open on -1 chart. it opens 2 trades, the second at a little bit a better entry with a somewhat larger lot size.

makes sense, still not sure if i will go for that live.
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 09:13:12 PM
Same! I now have 3 trades on a buy signal. I am tempted to close them and I think I will as I cannot afford to take another big hit. If I agreed with MD then that trade would be fine. However the gbpusd, audusd and eur usd are all in a down trend according to my indicators. However the eurusd may bounce back as it has been doing. We shall see
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 09:15:24 PM
ps if I am wrong and have simply made a loss for myself then permission to say haha to me! For now a small loss is better than a stop loss   :o :D Could someone tell me if it hits profit or loss and what profit/loss. Thankyou for the tip reinerh I shall look out for that bounce
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 09:29:32 PM
Same! I now have 3 trades on a buy signal. I am tempted to close them and I think I will as I cannot afford to take another big hit. If I agreed with MD then that trade would be fine. However the gbpusd, audusd and eur usd are all in a down trend according to my indicators. However the eurusd may bounce back as it has been doing. We shall see
Regards
Autotrader

on the minus 1 it looks like i got 3 buys now as well.

oh, just see that the 0 chart has a buy as well, gee with all these buys it has no choice then to go up :)

it sure does not look like it needs to retrace much upward to make its profit, but i have a hunch we go down. with tomorrow nfp i turned of all my live accounts.
Title: Re: MegaDroid...
Post by: reinerh on December 03, 2009, 09:44:52 PM
autotrader,

it sure looks like you did the right thing, last night break out to the top, and tonight to the downside.

gee wizz, the poor fellas not getting out, another sl looming, that sucks................
Title: Re: MegaDroid...
Post by: Sir Sedgwicke on December 03, 2009, 10:23:12 PM
Poindexter,

You're absolutely right, "Marketing proves marketing works".
Title: Re: MegaDroid...
Post by: Trade It Easy on December 03, 2009, 11:53:54 PM
autotrader,

it sure looks like you did the right thing, last night break out to the top, and tonight to the downside.

gee wizz, the poor fellas not getting out, another sl looming, that sucks................

Maybe however It would have just missed my SL and seems to be back on the way up. Lets see because this may jsut take a few pips profit especially those who have multiple orders open. Might just stop the sweating for most
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on December 04, 2009, 12:03:15 AM
Well I just made a nice discovery... after I closed md default for a loss of 5.20, it took another trade whilst I was out (normally it does not that is why i left md on) and this time it took a profit of 6.48 thus default making me in profit today of 1.28! wahoo nothing to be proud of but chuffed it got the 2nd trade bang on. I may turn MD off soon as I knew there would be conditions that it just couldn't handle one day. I still think it is one of the strongest bots out there. How is everyone else doing? Any more SL's? Still hanging on reinerh?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on December 04, 2009, 12:16:43 AM
+2 just went into a sell trade and hit full TP bar 0.01 cent put got 10 pips pretty swiftly. I lowered the risk though for this pair due to the recent 2 SL's. still though a wins a win!  ;D
Title: Re: MegaDroid...
Post by: hammy on December 04, 2009, 05:22:57 AM
Autotrader, I'm not convinced MD is that brilliant ?
Tonight it took an early buy trade even though the market was showing a sharp downward trend, so I didn't like the looks of it and closed it manually for a 7 pip loss. Glad I did because it would have been another SL, two nights in a row. I'm putting MD on the shelf for awhile, it's not trading very often and only makes small trades when it does trade, for me anyway ?

cheers .. ;D
Title: Re: MegaDroid...
Post by: Trade It Easy on December 04, 2009, 09:35:56 AM
Did anyone's trades go back into profit??
Fair play to you hammy I completely understand. In a turn of events my 4 trades that opened up a buy signal just like reinerh actually came back into profit! They are all very small profit but still I am glad they did. I had already closed them early because I did not want to hit an SL. If I had left them open they would have got about 2 pips away from an SL and then rebounded to a profit. On my demo account they took profit and then dipped back down so I think MD made the right choice in just closing them as soon as it reached any kind of profit. I am not going to shelve MD as I have at least 3 or 4 charts that have performed very well so far. Ive only had 1 SL on my default chart in the last couple of months. Wins are still bigger than losses. I shall see how it does in the new year. I may turn it off sooner than expected this month.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: bart on December 04, 2009, 09:38:55 AM
On the default timefrime I had 2 trades: a breakeven (0 pips) and a nice 20 pips on the other one.
Title: Re: MegaDroid...
Post by: Trade It Easy on December 04, 2009, 12:25:26 PM
On the default timefrime I had 2 trades: a breakeven (0 pips) and a nice 20 pips on the other one.

Well done bart, 20 pips? how did u get 20 its set to 10 per trade. by the by thats good. Did you hit the Sl the other night? If not then even better for u!
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dlewisfl on December 04, 2009, 09:21:42 PM

Erwal is pretty much bang on however from my personal experience and other traders experience if it is set to false there are alot fewer trades and it still hits as many or more losses. I know this sounds strange but for me it was true. Since I have st it to true I had a massive string of trades where I hit no SL's with it until the other day. I think you should choose which you favour for now however run a demo test with the 2 charts with with aggressive on and the other off. Then you can see which one comes out on top.
Regards
Autotrader

I respectfully disagree with your assessment, Autotrader.

It clearly does *NOT* hit as many (or more) losses with aggressive shut off, at least my live trading results say otherwise compared to what you've written here recently.  I have not had a single SL since 10/14 using ADT (Overlap) on live account with aggressive turned OFF on all charts (as per the ADT creator's Ben Cook recommendation).  Had I followed Ben's recommendation to shut it down in October since backtesting showed this to be a losing month, I would have *ZERO* SLs with MD/ADT since starting it up late August.  I see you have had some SLs recently, and I'm assuming you have Aggressive turned on.  I also notice you closed trades in drawdown out of panic/fear of another SL.  Sorry, but that is no way to trade (successfully long term, at least), IMO.  You shouldn't have to babysit an EA every single trade - what's the point?  If you feel the need to do that, I'd recommend ditching the EA and trading manually.  For the record, I had two ADT trades open last night, one on -2 chart and one on standard chart (I shut off the +4 and +6 on Thursday nights).  Both went into drawdown and came within 2 - 3 pips of SL.  Both came back and closed for profit (1 pip each).  The last time I saw the EA do this (multiple trades nearly hit SL and then come back), I hit a couple of SLs on the next few trades, so my inclination right now is to just shut it down next week.  FWIW, Ben just sent an e-mail about holiday trading and recommends shutting it off between 12/18 and 1/11 as market conditions are not normal during this timeframe.

Someone, and I forget who, also floated the notion that it's ok to trade more with aggressive mode since the additional SLs will be made up quicker.  Again, I respectfully disagree with this idea.  That's a gambler's mentality, not a trader's.  Why waste 6 - 8 MD wins to make up for a SL?!?!  First and foremost, as a trader you should be doing everything possible to LIMIT YOUR LOSSES, not execute more trades (unless your goal is to obtain large rebates from your IB as opposed to trading gains - LOL)!  Capital preservation is the number one priority if you want to be successful long term - period.  You must consider you are running MD in a manner that it was not designed for, so you increase your risk of losing trades.  Anything that can be done to reduce the risk should be done, IMO.  One of the ways to reduce your risk is to turn off Aggressive mode.

BTW, my broker is forex.com UK.
Title: Re: MegaDroid...
Post by: bart on December 04, 2009, 11:55:50 PM
On the default timefrime I had 2 trades: a breakeven (0 pips) and a nice 20 pips on the other one.

Well done bart, 20 pips? how did u get 20 its set to 10 per trade. by the by thats good. Did you hit the Sl the other night? If not then even better for u!
Regards
Autotrader

I have no idea... But yes, I hit the SL as well, so I'm in a loss this week. These are my results at defaults settings (FXCM UK live):

2221927   2009.12.01 23:58   buy   1.20   eurusd   1.50762   1.49922   1.51332   2009.12.02 01:25   1.50901   0.00   0.00   0.00   14   110.54
2232118   2009.12.02 23:05   sell   1.40   eurusd   1.50487   1.50963   1.49889   2009.12.03 04:26   1.50971   0.00   0.00   0.00   -48   -448.83
2243559   2009.12.03 22:00   buy   1.40   eurusd   1.50744   1.50324   1.51250   2009.12.04 08:02   1.50745   0.00   0.00   0.00   0   0.93
2244401   2009.12.03 23:03   buy   0.80   eurusd   1.50397   1.48864   1.50985   2009.12.03 23:32   1.50595   0.00   0.00   0.00   20   105.18

So a 14 and 20 pips win, and a -48 loss
Title: Re: MegaDroid...
Post by: swingerfx on December 05, 2009, 03:37:48 AM
Hi Gang,
            I am also disappointed in MD, more in the timing of me increasing the risk on the bot.  :( It has been trading for a couple of months without a SL and hardly even a loss at all, very proitable. All that time I had the risk set at 20%, so this week I decided it was time to up the risk as MD had proven itself to me. The very 1st trade on the higher risk was a full SL, OUCH! I resisted the urge to lower the risk but then I thought no, MD has never had 2 losers in a row. Sure enough another loser, would have been a SL if I didnt close the trade about half way there. All the profit generated over the last couple of months wiped out! :'( I have now reduced the risk to 10% and turned aggressive off until the market conditions improve. I`ll probably turn it all off after this coming week, until mid January.
    My biggest issue with these bots is the risk / return ratio is back to front. In manual forms of trading it is normal to have a 3 to 1 risk / reward ratio, meaning the target is 3 times the size of a SL, and at some time in each trade you have a TS protecting your profit. That`s why with MD you can lose a couple of months profit with a couple of SL`s.

In response to the double trade issues some people are having, as far as MD is concerned it doubles up after a loss if you have "recovery mode" on.

With Fx enforcer it doubles up all the time. It takes one trade out at TP and lets the other run protected by a TS.

Cheers,
            Ken.
Title: Re: MegaDroid...
Post by: tlbone on December 05, 2009, 09:15:03 PM
was a s/l for me as well...really blew a hole in my boots this time....is sneaky...going along for a ride then it sneaks one in there....really have to keep an eye on things and never trust any market conditions...since md always takes a reverse trade to begin with it is a 50/50 chance of setting it up for a s/l since the way conditions have been trends are not trends anymore ...they are traps wrapped in pips to attract you...looks like donna has been doing so good with md...wonder what her tactics are now ?
Title: Re: MegaDroid...
Post by: Trade It Easy on December 08, 2009, 04:21:46 PM
Hi all,
I had 5 trades last night and this morning. (5 trades in total) All profitable. All but one of them were only 0.01 lot sizes due to market volatility at the moment.
dlewisfl if you had of traded it from august you WOULD have hit SL's. Backtesting the rest of the month or any month doesn't always show this. Infact if you backtest bens ADT setup it does remarkably well over the year, better than the forward testing of the setup. With regards to aggressive turned on I have experienced few SL's and more profitable trades thus making the default setup more profitable for me. This may be broker dependant as fluctuating spread sizes do effect trade execution and the amount md trades. I only run the default chart on aggressive mode.
I closed trades out of 'fear' I use indicators and they clearly stated a downward trend across ALL time frames. The previous day I hit a full SL so I should have turned md off or lower the risk due to the high impact news. However as soon as I shut the charts down another trade was opened before I hit the button to turn off all eas. This trade was opened again by the default chart and ended up quickly taking profit making up for my small loss and making more pips than everyone elses default chart did :-D Shutting the trades down early was more of an educated guess and a little 'fear' not purely 'fear' . I do not baby sit my eas but from time to time I do check to see how they are performing etc. I saw the trade open and realised this could be another sl in a row. I feel I did the right thing and actually came out with more profit than if I did not intervene. I am in full support of the idea of fully automated eas however at the moment I don't think there is such a thing so they need checking up on and tweaking from time to time. I am tweaking my fapT nearly every week because of the volatility of the markets.
dlewisfl very interesting post thankyou for pointing a few things out. You seem very down to earth.  :) What other eas do you use?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: aagarcia on December 12, 2009, 04:45:35 PM
So, has anyone been using the Swissy Accu-Scalper?  Any good?
Title: Re: MegaDroid...
Post by: dlewisfl on December 12, 2009, 09:51:05 PM
Auto: I have hit SLs with Megadroid, they happened mid-October (on the -2 and +6 chart).  Have not had one since and I rarely watch it trade.  Being that ADT runs the EA in a time period it doesn't normally trade, IMO it's best to not run both modes as the likelihood of a SL is greater, and it takes several wins to make up for it.  I had Aggressive on for a couple months on default chart, Ben has since done more testing which shows it better to leave it off with the newer version of MD.  His advice has usually been right on the money.  Had I shut it off in October like he suggested, I would have no SLs since starting beginning September.  MD is not a set-and-forget EA, it should be shut down at certain periods (like FOMC week).  However I feel it's good enough on it's own not to second guess an entry - if I had a winning percentage like it had, I wouldn't need it.  ;-)

I trust a forward test ahead of a backtest any day as backtesting ignores broker issues (requotes, spread spiking, etc).  I just had a trade on a live account hit the SL because the broker spiked the spread and took me out with a spread 2 - 3 pips higher than normal.  The trade was also taken out on the demo account with the same broker as my live account.  The same trade turned up a winner on the backtest I did a couple weeks later.

Aside from MD, I run Calamari EURUSD grid trader, Accura (a EURCHF scalper), and one I wrote myself for a G/U H4 manual system using an MA cross, stochastics & RSI.

Just for kicks, I setup a demo account running MD on 12 different charts to cover all 24 hours in the day.  It's hit a few SLs but is currently up about 10% since I started.  Will keep monitoring it to see if any charts can be added to my ADT.  Aggressive Mode is off on all charts.  I'm also demoing FX Broker Buster which has gone 18-for-18 it's first week.  I tried the Pipthief but it backtested poorly and did poorly on demo account ... got my refund.
Title: Re: MegaDroid...
Post by: Tom23824 on December 15, 2009, 04:45:21 PM
Did MD with ADT execute any trades yesterday night.
I setup MD-ADT on my new iamfx account on Sunday night and so I am curious. No trade from MD-ADT in the last two days for me. :)
Title: Re: MegaDroid...
Post by: yidrasil on December 15, 2009, 04:54:07 PM
Tom,

No ADT trades for me on either of my Brokers last night.

FOMC statement tomorrow evening so not a night to be trading MD on Wednesday.
Title: Re: MegaDroid...
Post by: dlewisfl on December 16, 2009, 02:09:58 PM
I've had one trade on MD ADT this week, +7 pips.  With FOMC today and Ben's advice to shut down Megadroid for the holidays, I'm shutting it down for the year on my live account.  I'll continue to run my 12-chart demo, trading MD 24 hours a day, to see what happens.

http://md245.mt4live.com/
Title: Re: MegaDroid...
Post by: tlbone on December 17, 2009, 01:38:57 PM
am thinking this is good advice....as much as i want to get in im going to stick with the demo rest of month....dec has been a little disappointing for me so will hope for a better new year outlook.... ;D

i rem this time last year donna was doing so good....times have changed... :P
Title: Re: MegaDroid...
Post by: dlewisfl on December 17, 2009, 09:28:43 PM
am thinking this is good advice....as much as i want to get in im going to stick with the demo rest of month....dec has been a little disappointing for me so will hope for a better new year outlook.... ;D

I'm glad I shut down my live account MD ADT yesterday, I noticed the +4 hit a SL on demo last night.
Title: Re: MegaDroid...
Post by: mpetersrx7 on December 17, 2009, 09:59:17 PM

I'm glad I shut down my live account MD ADT yesterday, I noticed the +4 hit a SL on demo last night.

Shut all of mine down for the rest of the year too.  taking a Forex break.  Just running some demo stuff.  MD with james did fairly well in December for me.  Hope it continues in the new year.  Happy holidays everyone.
Title: Re: MegaDroid...
Post by: dennerle on December 18, 2009, 01:29:28 AM

I'm glad I shut down my live account MD ADT yesterday, I noticed the +4 hit a SL on demo last night.

Shut all of mine down for the rest of the year too.  taking a Forex break.  Just running some demo stuff.  MD with james did fairly well in December for me.  Hope it continues in the new year.  Happy holidays everyone.
how is the success rate running MD on default time zone
Title: Re: MegaDroid...
Post by: tlbone on December 18, 2009, 07:58:50 PM
I've had one trade on MD ADT this week, +7 pips.  With FOMC today and Ben's advice to shut down Megadroid for the holidays, I'm shutting it down for the year on my live account.  I'll continue to run my 12-chart demo, trading MD 24 hours a day, to see what happens.

http://md245.mt4live.com/
am interested in your 12-chart demo setup....sounds like a real challenger and 24hr trading...sounds interesting...could you give me a break down ?
Title: Re: MegaDroid...
Post by: dlewisfl on December 19, 2009, 02:56:23 AM
I've had one trade on MD ADT this week, +7 pips.  With FOMC today and Ben's advice to shut down Megadroid for the holidays, I'm shutting it down for the year on my live account.  I'll continue to run my 12-chart demo, trading MD 24 hours a day, to see what happens.

http://md245.mt4live.com/
am interested in your 12-chart demo setup....sounds like a real challenger and 24hr trading...sounds interesting...could you give me a break down ?

I opened 12 E/U charts, loaded Megadroid on each.  I risk 10% of account on all charts, turned Aggressive Mode and Recovery Mode Off.  I use a unique magic number (S1_Reference and S2_Reference) on each chart.  Since I shut off Aggressive Mode, only one of the magic numbers gets used per chart, but I make them all different anyway.  I set one chart to use "auto GMT" so Megadroid trades the usual 21:00 - 23:00GMT.  On the other 11 charts, I use manual GMT offset and increase/decrease the hours by two.  Since my auto GMT offset is 0, the other charts are set at: +2, +4, +6, +8, +10, +12, -10, -8, -6, -4 and -2.  I use comments so I know which chart each trade is placed from.  Although the comments don't show on the mt4live page, you can determine which chart based on the entry time.  Trades that enter with an hour of 21 or 22 are default Megadroid trades.  This is set-and-forget, Im not shutting it down during news events like I do my live setup.

Interesting results so far, account is up 20% in just a 2.5 weeks.  I did forget to load MT4 until late Monday after the first weekend so it probably missed a few trades.

http://md245.mt4live.com/

Title: Re: MegaDroid...
Post by: tlbone on December 19, 2009, 09:02:23 PM
and how does this 12-chart demo cooperate with your pc and bandwidth ?....how does it react with the mt4 platform memory stack ?....i seem to have to restart ea day for my reg charting....it seems to hog alot of memory and not release it .....and i take it that you are using the standard megadroid and not the adt versions ?....
Title: Re: MegaDroid...
Post by: dlewisfl on December 20, 2009, 05:35:20 PM
and how does this 12-chart demo cooperate with your pc and bandwidth ?....how does it react with the mt4 platform memory stack ?....i seem to have to restart ea day for my reg charting....it seems to hog alot of memory and not release it .....and i take it that you are using the standard megadroid and not the adt versions ?....

The "ADT" version of MD *is* MD, it's not a separate EA.  It's MD on multiple charts with customized risk settings for each chart.

I have no problems running 12 charts simultaneously, and the laptop I'm using is pretty old.  It's a Dell 1Ghz Pentium 3 (that's right, THREE) with 256MB RAM, O/S is Windows XP Pro.  I run two instances of MT4, the other is demoing a GBP/USD grid trader EA.  Nothing else runs on this laptop, I use my cable TV provider for my ISP (hardwired to the router) and have no bandwith issues.
Title: Re: MegaDroid...
Post by: tlbone on December 20, 2009, 09:53:27 PM
is too bad james didnt allow the comments entered to be shown with the other data being projected on the chart....would help to be able to just switch from tab to tab and see in corner which chart you were seeing....am going to run this demo setup starting sunday and let it run till end of month and get some data charted and try to determine s/l times and if match up any forex factory news data....forgot to mention that im trading under nfa ruling so i would have had less than half the pips you took but still had all the s/l....i fig that my profit would have been around 964 instead of your 2294....so being able to take more than one trade at a time and now and then and a hedge that popped up would have been to the advantage....i trade with the us alpari using gmt 1...

wish there was way of controlling megadroid to just take 1 trade at a time...ea trade im getting the second trade is caught in limbo until the 1st one closes on its own ....causes just about every other trade to be a s/l....

ok if figd out that i was using all diff ref #'s for ea pair opened which for nfa this will cause megadroid to open a ton of trades at once....i now have 5 open trades pounding at my door...so i went back and put the same #'s in for all...this should quiet it down hopfully....it caused a big drawdown but they were all the same type of trade...no hedges..
Title: Re: MegaDroid...
Post by: tlbone on December 29, 2009, 12:33:36 PM
have started the megadroid up this past sunday....so far ive had 6 trades..NFA...am down -42p with 1 s/l....seems megadroid s/l are few but when it gets one it looses most of its profits.....still taking note of how well donna's megadroid is doing...she must have a good broker.....ive compared a few megadroid links and they are getting the usual s/l but donna is doing really well....kinda makes you stand out in the crowd so to speak....makes you ask what am i doing wrong here....but then its nothing we are doing....the bot takes the trade as it sees it....so the rest must be ::) brokerage....
Title: Re: MegaDroid...
Post by: reinerh on December 29, 2009, 12:38:08 PM
have started the megadroid up this past sunday....so far ive had 6 trades..NFA...am down -42p with 1 s/l....seems megadroid s/l are few but when it gets one it looses most of its profits.....still taking note of how well donna's megadroid is doing...she must have a good broker.....ive compared a few megadroid links and they are getting the usual s/l but donna is doing really well....kinda makes you stand out in the crowd so to speak....makes you ask what am i doing wrong here....but then its nothing we are doing....the bot takes the trade as it sees it....so the rest must be ::) brokerage....

around x mas new year forget it, the markets are all hoey goey, whacko.

from jan 10 or so it gets better, or saver yet to wait till feb.

better hold on to your equity right now and leave the bots sleeping.
Title: Re: MegaDroid...
Post by: tlbone on December 29, 2009, 03:33:56 PM
trading with demo only....good stuff is turned off...but want to keep the demo running testing the waters....like to see how the sharks are biting...
Title: Re: MegaDroid...
Post by: reinerh on December 29, 2009, 03:57:16 PM
trading with demo only....good stuff is turned off...but want to keep the demo running testing the waters....like to see how the sharks are biting...

demo for me too,

sharks sure were biting well last night.
Title: Re: MegaDroid...
Post by: tlbone on December 29, 2009, 04:22:08 PM
but am using rebellion when find a good tren....looks like might be a good short trending going so could jump in for a few and get out.....
Title: Re: MegaDroid...
Post by: reinerh on December 29, 2009, 04:35:58 PM
but am using rebellion when find a good tren....looks like might be a good short trending going so could jump in for a few and get out.....

i have yet to try the rebellion, i heard it pretty good.

euro was just perfect a bit ago for riding down :)

bet you were in the same trade :)
Title: Re: MegaDroid...
Post by: Trade It Easy on December 30, 2009, 12:03:24 AM
I am also demo trading md and until yesterday it was doing very well. It is now down about 20 pips. It was the trusty +6 chart that hit. This is a shame as it had no losses for about 2 months straight. However I suppose I could still see it as no losses in live trading. My +6 chart is cranked up so may lower the risk a little during january. Only had 1 trade so far tonight. It took TP and a little more at 13.5 pips. Still down though but will see how it goes leading up to the new year. FapT has coped very well over the xmas period. In some ways better than alot of other periods during this year. FapT will be only used on one pair for me in the new year. It is just not reliable enough on most of the pairs. MD however hopefully will perform well. I don't see why not.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on December 30, 2009, 12:24:49 AM
md ran 6 trades today with 2 losses ....down -75p...trading around the clock on NFA...md was tangled up in the long trend web and was eatin alive....md is down -51p for the week....
Title: Re: MegaDroid...
Post by: Trade It Easy on December 30, 2009, 01:01:59 AM
thats quite a few trades. I hope round the clock trading works. At least you can pick out the best pairs over a 3 month period. That way each pair will experience most scenarios for a scalper. I missed a vital loss in my calculations booo lol. MD is actually down -93 pips for me. So to all who turned off md it was a wise decision. However one of my losses was on a chart that is not on bens ADT setup so md still has a chance of being profitable during the festive season and the first working week of january. For those who are just testing out the original ADT setup then you shouldn't be that many pips down. For those who have been using james' Mod... how has it performed? I decided to just use multiple charts in the end
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on December 30, 2009, 01:29:14 AM
as for me i trade using the adt from -8 > +8...then 3 sep charts...-10, +10, +12...so far is working so so....but cant exp too much at this time....next year will bring new trading into focus being it could go any which direction until trading gets warmed up again...

as for wed and thurs md demo hit 4 s/l....def dont want to be trading this last week...end of month and end of year and holidays.....
Title: Re: MegaDroid...
Post by: Trade It Easy on January 04, 2010, 05:05:15 PM
2 wins for MD this morning. I am now live trading all my pairs with moderate risk. I was thinking of waiting but I think scalpers will cope best in the current market conditions. Anyone else trading MD on their live account again?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: someguy on January 04, 2010, 05:40:27 PM
Yeah, I'm starting this evening. Will only run non-aggressive charts though.
Title: Re: MegaDroid...
Post by: Trade It Easy on January 04, 2010, 11:38:12 PM
cool cool. Did you get the default trades? I had my default chart set to aggressive = true. Strangely it opened 2 trades but not a double trade. It opened a trade 5 mins after the last. Both closed in profit and closed at different times. Still though im chuffed with the wins.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: paralotnik on January 05, 2010, 05:09:08 AM
Does anyone trade MD standard?
Title: Re: MegaDroid...
Post by: someguy on January 05, 2010, 08:02:49 AM
I got some trades on all accounts actually, but different ones. Only on GMT+4 at Forex.com/UK. One on GMT+1 at Alpari UK. And one each on GMT+0 and +1 at JadeFX.
Title: Re: MegaDroid...
Post by: DamBuster on January 05, 2010, 09:24:37 AM
@ paralotnik, I trade it standard but had nothing on Alpair UK live last night
Title: Re: MegaDroid...
Post by: paralotnik on January 05, 2010, 02:26:55 PM
Thank goodness someone does, dambuster! :D I had nothing last night, either. I ran it all through December, though, and it did really well through the holidays! I was pleasantly surprised. I don't think I will be changing it from standard anytime soon....
Title: Re: MegaDroid...
Post by: 808 on January 05, 2010, 11:47:31 PM
Anyone trading MD with Forex.com uk I just switched brokers and am have trouble setting up the bot.  I am using forex vps and the bot in not connecting to the server and will not authenticate. MD support said problem was on my end was wondering if anyone else might have had this problem.
Title: Re: MegaDroid...
Post by: Chip4Pips on January 06, 2010, 03:10:14 AM
Anyone trading MD with Forex.com uk I just switched brokers and am have trouble setting up the bot.  I am using forex vps and the bot in not connecting to the server and will not authenticate. MD support said problem was on my end was wondering if anyone else might have had this problem.

I use it at Forex.com UK via CNS vps and have never had any issues.
Title: Re: MegaDroid...
Post by: paralotnik on January 06, 2010, 10:35:31 AM
I do trade it on forex.com/uk, fx, but I no longer use forexvps...vpsland is SO much cheaper. Sorry I couldn't help!
Title: Re: MegaDroid...
Post by: FapturboMIKE on January 06, 2010, 11:16:08 AM
Megadroid was very consistent for me for the last months.
Title: Re: MegaDroid...
Post by: dennerle on January 06, 2010, 11:43:13 AM
I do trade it on forex.com/uk, fx, but I no longer use forexvps...vpsland is SO much cheaper. Sorry I couldn't help!
how cheap?
Title: Re: MegaDroid...
Post by: donnaforex on January 06, 2010, 06:52:21 PM
I do trade it on forex.com/uk, fx, but I no longer use forexvps...vpsland is SO much cheaper. Sorry I couldn't help!
how cheap?


We have a couple of VPSLand servers and have had them for some time (more than 6 months). I would only use them for demo tests because one of them in particular keeps going down frequently and we have to keep requesting that they restart it (we are not able to get into virtuozzo to restart ourselves). I have issues with their reliability and this happens frequently. Having said that they are very cheap.

I also have a SWVPS server which is much more reliable - they are slightly more expensive than vpsland, kinda in the middle i guess between them and forexvps. ForexVPS have been the best for reliability over the long run and also for support that is for sure, although i know with all this megadroid mess everyone is moving elsewhere.
Title: Re: MegaDroid...
Post by: Mic on January 06, 2010, 11:45:33 PM
What monthly profit percentage is MD making now?
Title: Re: MegaDroid...
Post by: mjgfuture on January 06, 2010, 11:54:18 PM
Hi


I just wanted to post quickly about my experience with megadroid and vps the remote service group. I have been trying for four weeks to get megadroid to work not only on my own computer but also with vps my remote service From the start megadroid who all the feedback I had read had an excellent service group has had very poor response times The last experienced this week was 8 days before they replied to my 5th email. They have been stating that they are looking into the problem Once or twice they said they had resolved but when tried did not work They started off by saying should just change remote server group but recommended one with lots of problems They also never addressed why it also would not work on my own computer despite having all setting correct. They wanted to blame vps In time however it became clear vps were the only ones trying and being held up like I was by megadroid porr response times partial answers and just general avoidance to finding a solution To say very disapointed in mega droid is to downplay how I feel I just thought people should know they do have problems and will blame others if they can Vps remote service on the other hand try and are quick to respond
Title: Re: MegaDroid...
Post by: mjgfuture on January 07, 2010, 03:13:24 AM
Hi

I posted earlier about problems with megadroid service Been 4 weeks and just giiven up when the hard working Paul from VPS solved It is now working Likely same problem you "Paul at ForexVPS has fixed my issue,
He has said if anyone at vps having problem please contact him
and to get in touch with him at support@forexvps.com if after closing and openign metatrader does not fix the issue".have



Title: Re: MegaDroid...
Post by: tlbone on January 10, 2010, 09:57:56 PM
has anyone figured out a way to keep megadroid from trading....while leaving the charts up and running so that it can analyze the market until wanting it to start trading...say i dont want it to trade on sunday or monday but want the ea up to be analyzing but not trading...using adt with megadroid i tried to set the margin spread down to 1p thinking it would keep it from trading but it would trade anyway so that trick didnt work....any ideas ?
Title: Re: MegaDroid...
Post by: someguy on January 11, 2010, 07:30:27 AM
has anyone figured out a way to keep megadroid from trading....while leaving the charts up and running so that it can analyze the market until wanting it to start trading...say i dont want it to trade on sunday or monday but want the ea up to be analyzing but not trading...using adt with megadroid i tried to set the margin spread down to 1p thinking it would keep it from trading but it would trade anyway so that trick didnt work....any ideas ?

I don't know why anyone would not want MegaDroid to trade, but I imagine that unchecking the "Allow Live trade" (or similar name, not in front of MT4 right now) in the general EA settings would do the trick. Order send will fail with 4109 (also from memory, might be wrong).
Title: Re: MegaDroid...
Post by: iceman02 on January 11, 2010, 03:06:34 PM
I just started live trading with adt again. Are their any minor changes i should make?
Title: Re: MegaDroid...
Post by: iceman02 on January 11, 2010, 03:10:41 PM
donna ru using adt overlap? and what risk ru using?
Title: Re: MegaDroid...
Post by: tlbone on January 11, 2010, 09:29:37 PM
well i dont leave my live account on all the time...had too many s/l this month trading around the clock with adt on my demo.....so am going to narrow down the trading times to just -2, default, +2, +4....for my live account but my demo is running all times and flavors.....
Title: Re: MegaDroid...
Post by: tlbone on January 12, 2010, 12:51:45 PM
is strange last few trades were all in profit then get a s/l that is exactly the same amount of those few profit trades...that seems to be happening more often lately....somebody is keeping track...

let me see if im getting my times right....i have alpari u.s. at gmt of 1....so my default trading time should be around either 21:00-23:00 or 22:00-00:00 ??

and the demo is trading fairly well so far....running circles around the live trader...had a s/l of -45p on the 1:00 candle on the live trader....is getting tough when the default is getting s/l....
Title: Re: MegaDroid...
Post by: chk56 on January 12, 2010, 08:40:06 PM
My personal experience after trading ADT and James mods, leads me back to trade Megadroid right "out of the box" with standard settings. SL is vey rarely hit, and won't wipe out all profits. For me, it works.  :)
Title: Re: MegaDroid...
Post by: tlbone on January 13, 2010, 07:17:50 PM
yes im thinking along the line of going default only and running 5% risk...
just wanted to make sure which time is considered as default md time....was thinking 21:00 - 23:00.....anything diff ?
Title: Re: MegaDroid...
Post by: Hansen on January 14, 2010, 12:05:30 AM
tlbone - that is indeed the default time.
the first (non-aggressive) trades will be placed from 21-2300 gmt.
the aggressive trades (s2) will be placed during 22-2300.
//Hansen
Title: Re: MegaDroid...
Post by: tlbone on January 14, 2010, 12:47:12 AM
yes...good default was traded tonight.....it was the +2 that got into trouble with the beginning of asian...horses on the run...1 good default /night will have to do with small climb out of largest deep hole im in....maybee see daylight if md play nice in 2-3 mos...
Title: Re: MegaDroid...
Post by: Trade It Easy on January 14, 2010, 10:37:29 AM
Default traded twice for me. I have aggressive set to true. It took about 23 pips. 2 of my other charts also traded successfully not full tp but small profits. Go MD. I have changed my setup now to my most profitable charts and upped the risk slightly. So far so good. Good start to the year for md.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: hammy on January 14, 2010, 02:44:44 PM
I put MD on the shelf a couple of months ago, it was in a bad slump.
Has it been updated since the 1.21 version ? Does anyone still trade the standard MD on EurUsd only, and how is it doing ? I remember it doesn't trade often and for only 5,10,15 pips profit.

thanks for any update on std. MD
Title: Re: MegaDroid...
Post by: Hansen on January 14, 2010, 02:52:03 PM
hammy its doing well for me on forex.com and absolutely defaults(aggressive enabled) ;D
Does not trade often but that's probably a good thing. I have other robots on that account as well.
Title: Re: MegaDroid...
Post by: Colleen on January 14, 2010, 03:00:23 PM
Hi Hammy,

Hansen is right... the Upgraded 1.21 seems to be doing well since it was released...

My Demo went well on Forex.com and now I'm searching for another broker to run it on as my portfolio is very busy these days with other things going on...  I'll find a spot for this one though as I luv the Droid and waited for the upgrade so patiently and the upgrade seems to have fixed whatever was wrong with the Droid over the summer... money management is key, and aggressive is optional but I think I'll go with it enabled...

Colleen ;)
Title: Re: MegaDroid...
Post by: hammy on January 14, 2010, 03:23:46 PM
Thanks for the reply Hansen and cd.1963,

I will put it back on my Forex.Com account with 0.1 lot size setting and see how it goes.

good trading !
Title: Re: MegaDroid...
Post by: dkmillion on January 14, 2010, 04:52:14 PM
MD is very reliable on Forex.com Aggressive = True!
Title: Re: MegaDroid...
Post by: tlbone on January 14, 2010, 05:32:12 PM
am now trading just the md on default mode....since being kicked every which way trading 24hr with adt....is strange tho...following dlewisfl's link http://md245.mt4live.com/ (http://md245.mt4live.com/)he is getting great trades....thinking is the broker still giving out christmas presents....my broker just takes and never gives...
Title: Re: MegaDroid...
Post by: hammy on January 14, 2010, 05:43:44 PM
MD is very reliable on Forex.com Aggressive = True!

Yes, I have it set aggressive=true, but I set my lot sizes and do not use %risk or MM, will the aggressive =true setting still be used or is it only used with MM setting active ??

anyone know ? I will take a look at the manual since I don't remember.
Title: Re: MegaDroid...
Post by: Colleen on January 14, 2010, 05:52:05 PM
Hi Hammy,

Here's my latest settings for running Megadroid 1.21 on Forex.com/UK

And my set up for live trading on Forex.com/UK at my .1 lotsize and Risk Level is at 0.0 so the bot does not decide my lotsize for me automatically...

Version_1.21=; _1=System Parameters; Stealth=true; Aggressive=true; NFA=false; GmtOffset=1.00000000; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=########; S2_Reference=########; ReceiptCode=########; _2=Comment Position; TopPadding=30; LeftPadding=20
TextColor1=16119285; TextColor2=13882323; _3=Strategy Parameters; Slippage=3; SendEmails=0; OrderComments= ; _4=Order Management; LotSize=0.10000000; _5=Ratio Order Management; RiskLevel=0.00000000; RecoveryMode=1

Stealth and Aggressive are TRUE for days when the Droid is feeling really confident and you will get 1 trade in Stealth and 1 in Aggressive if it is set to True... and RecoveryMode = 1 and is now activated as hubby wants the ea to double up lotsize on the next trade after a Stop Loss is hit...

Need to change my S1_Reference and S2_Reference numbers as we should be changing these regularly (weekly for me) as per the manual I believe...

And now I hope to find another platform I can run this on as well as the Forex.com/UK account ran for me... thinking my MIG account possibly... Hope this helps some folks out...

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on January 14, 2010, 06:15:03 PM
Coleen said:

Quote
RecoveryMode = 1 and is now activated as hubby wants the ea to double up lotsize on the next trade after a Stop Loss is hit...

I may be wrong but if risk is set to 0.0 and a fixed lot size is used it will not double up on the next trade if the SL is hit. Well, my one doesn't anyway :)
Title: Re: MegaDroid...
Post by: Colleen on January 14, 2010, 06:24:33 PM
Coleen said:

Quote
RecoveryMode = 1 and is now activated as hubby wants the ea to double up lotsize on the next trade after a Stop Loss is hit...

I may be wrong but if risk is set to 0.0 and a fixed lot size is used it will not double up on the next trade if the SL is hit. Well, my one doesn't anyway :)

You may be right dambuster, since I do set the risk to 0.0 and use the fixed lot size, I do get the Stealth and Aggressive trades at the same lotsize trading and have had two trades a night when the bot is feeling good and have not experienced the Recovery Mode yet... in truth, I'd rather it not double up on me but Hubby is game to try the Recovery Mode method... so I guess we'll have to see how it goes then... I may get my way in the end... hee hee ;)

Thanks,

Colleen ;)
Title: Re: MegaDroid...
Post by: someguy on January 14, 2010, 07:56:40 PM
I think a lot of you need to read the manual again.

The Stealth and Aggressive setting is in no way connected. MD always trades Strategy 1 (S1) and only trades Strategy 2 (S2) when Aggressive is set to true. The Stealth setting is used to fake TP and SL prices to fool bucketshops. Set it to false if you trust your broker (choose another one if you don't).

Also, Aggressive has nothing to do with the MM or fixed lot size.

As for Recovery, I don't use it, so I can't say exactly how it behaves, but this should be very easily discovered in a backtest and/or demo trade. If it works like it states in the manual it doubles whenever MD has lost the previous trade, but I don't know how it works regarding S1/S2.
Title: Re: MegaDroid...
Post by: Trade It Easy on January 14, 2010, 11:52:36 PM
someguy is bang on.
One trade so far tonight. Its still open and sitting in profit.l
Autotrader
Title: Re: MegaDroid...
Post by: reinerh on January 15, 2010, 12:30:37 AM
someguy is bang on.
One trade so far tonight. Its still open and sitting in profit.l
Autotrader

on which chart or time slot did you get a trade tonight, i sure got nill :(
Title: Re: MegaDroid...
Post by: tlbone on January 15, 2010, 01:31:09 AM
no trades on this end either....
Title: Re: MegaDroid...
Post by: DamBuster on January 15, 2010, 06:51:09 AM
No trades on live default MD

3 trades on ADT demo, one with a big SL..., glad it was only demo :)
Title: Re: MegaDroid...
Post by: someguy on January 15, 2010, 08:40:03 AM
No trades on default settings, some trades on others and a SL on GMT+4 :|
Title: Re: MegaDroid...
Post by: Trade It Easy on January 15, 2010, 08:51:07 AM
someguy is bang on.
One trade so far tonight. Its still open and sitting in profit.l
Autotrader

on which chart or time slot did you get a trade tonight, i sure got nill :(


Hello,
I use my own little adt setup. I got a trade on my default+25 (my own idea) and default+6 (same as adt) Both hit full tp! I do not trade default-2 or default+4. They were often only breaking even so I am now using a much more solid setup. I will still hit SL's as 2 of my charts have hit 1 sl each in the last 3 months. Still having a good run with them so far. I do not stick with charts. I test them and if they do well I add more. Vice versa if they start to perform badly I remove them and add other better performers. Anyway good luck to all. MD can only be 100% left alone if traded on its default chart. I am happy to add charts and take charts away from time to time.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: airplus on January 15, 2010, 09:00:46 AM

Hello,
I use my own little adt setup. I got a trade on my default+25 (my own idea) and default+6 (same as adt) Both hit full tp! I do not trade default-2 or default+4.

Thanks for sharing Autotrader.
So, you are only trading +25 and +6, is that correct?
What is the rationale behind +25 if I may ask?  :)

Thanks!!!
Title: Re: MegaDroid...
Post by: someguy on January 15, 2010, 09:11:49 AM

Hello,
I use my own little adt setup. I got a trade on my default+25 (my own idea) and default+6 (same as adt) Both hit full tp! I do not trade default-2 or default+4.

Thanks for sharing Autotrader.
So, you are only trading +25 and +6, is that correct?
What is the rationale behind +25 if I may ask?  :)

Thanks!!!

It stops MD from trading Mondays. I've been running +28 quite a lot myself.
Title: Re: MegaDroid...
Post by: bart on January 15, 2010, 11:54:07 AM
I'm trading MD (default settings) on FXCM UK, and last week it did very well!

This week I changed aggressive=false to aggressive=true, and it did not make any single trade...

Is this purely coincidence, or should I better move it back to aggressive=false?

Thanks
Bart
Title: Re: MegaDroid...
Post by: Hansen on January 15, 2010, 01:10:06 PM
I'm trading MD (default settings) on FXCM UK, and last week it did very well!

This week I changed aggressive=false to aggressive=true, and it did not make any single trade...

Is this purely coincidence, or should I better move it back to aggressive=false?

Thanks
Bart


Bart, I can give you a hint;

Changing the strategy to agressive simply means that MD looks for more trade opportunities (S2 is a strategy traded from 22-23 and normally has a larger TP than S1)

So it does not affect the strategy1 trades that you have been trading earlier.

Sometimes, MD does not trade for a while - it's all normal and to be expected ;)

Hansen
Title: Re: MegaDroid...
Post by: reinerh on January 15, 2010, 06:00:57 PM
someguy is bang on.
One trade so far tonight. Its still open and sitting in profit.l
Autotrader

on which chart or time slot did you get a trade tonight, i sure got nill :(


Hello,
I use my own little adt setup. I got a trade on my default+25 (my own idea) and default+6 (same as adt) Both hit full tp! I do not trade default-2 or default+4. They were often only breaking even so I am now using a much more solid setup. I will still hit SL's as 2 of my charts have hit 1 sl each in the last 3 months. Still having a good run with them so far. I do not stick with charts. I test them and if they do well I add more. Vice versa if they start to perform badly I remove them and add other better performers. Anyway good luck to all. MD can only be 100% left alone if traded on its default chart. I am happy to add charts and take charts away from time to time.
Regards
Autotrader

just seen that on my demo i got trades on plus 6 as well, good ones too.

plus 25, you mean 25 minutes i would assume??
Title: Re: MegaDroid...
Post by: Colleen on January 18, 2010, 08:10:01 PM
Hello Folks!

Great News!  I just bought the Forex Megadroid Forum http://www.forexmegadroidforum.com and hope you'll visit me over there as well... I was a Moderator over there and have just moved up into the driver's seat here to continue the ongoing discussions over there about the Megadroid 1.21 and Megadroid Pro, Advanced Droid Tactics and James' Megadroid Mod too as well as other trading strategies you may be working on - especially the ones making the Pips!

So Join us over there if you have the time...

Colleen ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on January 18, 2010, 09:41:41 PM

Hello,
I use my own little adt setup. I got a trade on my default+25 (my own idea) and default+6 (same as adt) Both hit full tp! I do not trade default-2 or default+4.

Thanks for sharing Autotrader.
So, you are only trading +25 and +6, is that correct?
What is the rationale behind +25 if I may ask?  :)

Hello airplus and all.
Sorry I have not msgd back sooner I have been away over the weekend.
I am only trading default, +6, +23 and +25.
These charts seem to be the only reliable ones for me at this moment in time. They trade often enough to keep me happy and so far have a high win to loss ratio.
The rational behind +23 and +25 is for me they simply out performed -1 and +1 charts that I was testing. They traded fewer times with much fewer losses and not many less winning trades thus more profitable. I then tested +23 and +25 against adt and they out performed +4 and -2 and my +2 chart. I only tested them against eachother for 2.5 months but I am happy with that. I am still demo trading the adt setup just in case -2 and co start out performing my current charts. I used to trade with -16 with an amazing success rate until I hit a string of more losses than wins. So it has gone back to testing. Funnily enough it has started to perform well again.

reinerh
No not 25 mins just +25 as in 25 hours. I often save +25 and +23 as templates so I can remove them from trading friday and just easily reload them back on for the next trading week. I decide whether or not I trade fridays. Most of the time I don't.

I hope ive wrapped a few things up. I think ive answered the best I can.
Any questions just feel free to ask.
Kind Regards
Autotrader

Thanks!!!
[/quote]
Title: Re: MegaDroid...
Post by: Trade It Easy on January 18, 2010, 11:28:03 PM
I am currently in a trade with the default setup. Anyone else also in the same trade ???
Title: Re: MegaDroid...
Post by: reinerh on January 18, 2010, 11:41:37 PM

hi auto,

thanks very much for clearing this up.

gee, i did a bunch o back tests, my computers been smoking, but droid wont bt on most brokers. tried fx open, had the worst results. go markets was kinda ok.

but none matched forward demo at all basically, gee what a shame.

conclusion is what donna wrote in her latest newsletter, forward demo only is what counts. then keep fingers crossed that it will match live.

damm backtests are useless with the exception of a few robots. like b buster i can match forward demo pretty well.

Title: Re: MegaDroid...
Post by: tlbone on January 19, 2010, 03:09:37 AM
kinda disappointed in megadroids strategy.....took a long term trade for 6hrs then closed with 1 pip....could have gained 6 more pips....guess it just pooped out....
Title: Re: MegaDroid...
Post by: Trade It Easy on January 19, 2010, 10:35:52 AM
kinda disappointed in megadroids strategy.....took a long term trade for 6hrs then closed with 1 pip....could have gained 6 more pips....guess it just pooped out....

Yep same thing happened to me. Only one trade last night for my setup. Default for +1 pip. Did anyone get trades on the original adt setup?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dkmillion on January 19, 2010, 07:06:44 PM
No, I don't trade during banking holidays!!
Title: Re: MegaDroid...
Post by: hammy on January 19, 2010, 09:53:18 PM
I had a nice 10 pip trade last night with regular MD 1.21, sell trade.
Title: Re: MegaDroid...
Post by: Trade It Easy on January 20, 2010, 12:24:58 AM
I had a nice 10 pip trade last night with regular MD 1.21, sell trade.

Well done Hammy,
Tonight I had 1 full TP. 2 trades that took 1 or 2 pips each. One open trade. An average night id say. 14 or 15 pips so far
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 12:40:59 AM
Well Folks!

I've finally got my accounts figured out and here we go...

Here's my MIG account with tonight's Megadroid 1.21 bot...

20767187   2010.01.19 22:55   buy   0.10   eurusd   1.42850   1.42433   1.43350   2010.01.20 00:32   1.42884   0.00   0.00   0.03   3.40

3.4 Pips Profit! Green is Good!

Colleen ;)
Title: Re: MegaDroid...
Post by: 808 on January 20, 2010, 02:05:43 AM
Hit a stoploss on the +4 chart today anyone else
Title: Re: MegaDroid...
Post by: pandora on January 20, 2010, 02:25:21 AM
Hit a stoploss on the +4 chart today anyone else


Hi. I am pretty new to all this. I have been using James Mod with settings of -2, +4 and +6 and it was going very well. Can someone please tell me exactly what GMT hours these trade. ie Is -2 from 22.00 to when ect. I just had  a major disastor on my FXCM Australia today. Had MD on 3 charts  Buy at 1.4288. 2 closed out at break even and the third didn't close. messages "Context too busy" then hit stop loss. MD then opened 3 more Buy trades on that spike down and close at the Sl within minutes.
I have found pretty much all my SLs have come from trades between 00.00 and 2.00 GMT 1.00 - 3.00 on FXCM. Which time is this so I can turn it off?
I would really appreciate some help as my $1000 account was nearly wiped out today on these trades.
Title: Re: MegaDroid...
Post by: hammy on January 20, 2010, 03:06:58 AM
Well Folks!

I've finally got my accounts figured out and here we go...

Here's my MIG account with tonight's Megadroid 1.21 bot...

20767187   2010.01.19 22:55   buy   0.10   eurusd   1.42850   1.42433   1.43350   2010.01.20 00:32   1.42884   0.00   0.00   0.03   3.40

3.4 Pips Profit! Green is Good!



Colleen ;)

Colleen,
I had the exact same trade tonight !
MD took the wrong direction, but got out with green, that's ok !... :D

My FT49 long term took the sell trade and made 60 pips... ;D
Title: Re: MegaDroid...
Post by: tiffanyfanny on January 20, 2010, 03:10:05 AM
(http://www.DATINGADVICEGUIDE.INFO/smiles.jpg)
Well Folks!

I've finally got my accounts figured out and here we go...

Here's my MIG account with tonight's Megadroid 1.21 bot...

20767187   2010.01.19 22:55   buy   0.10   eurusd   1.42850   1.42433   1.43350   2010.01.20 00:32   1.42884   0.00   0.00   0.03   3.40

3.4 Pips Profit! Green is Good!



Colleen ;)

Colleen,
I had the exact same trade tonight !
MD took the wrong direction, but got out with green, that's ok !... :D

My FT49 long term took the sell trade and made 60 pips... ;D


I got the same trades as well ! Woow..

Anyway received email that Forex Megadroid is raising its price soon...Wonder is there a new version 2 coming out...
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 03:25:07 AM
Hammy,

Congrats!  On Megadroid Magic - this Upgrade bot does seem soooo smart doesn't it? I think the original bot would have held on and found a stoploss on us for some strange reason...

And congrats on the FT49 profit of 60 pips... I only got my extra 20 pips with Forex Gator Trading today...

Oh well, my MIG Portfolio will include Megadroid 1.21 and Forex Gator Trading and I am hoping to find Profitable Pips on the way...

And Tiffany, I also received a couple of emails that Forex Megadroid is raising its price tomorrow... And I too wonder whether there will be a new version 2 coming out soon... no need as far as I can see... and what about the Accu Swissy Megadroid Clone Wannabe that trades the Eur/Chf? Only a FREEBIE when you purchase other systems... Not fair in my books Folks!  But I guess we shall have to wait and see...

Colleen ;)
Title: Re: MegaDroid...
Post by: ingonicole on January 20, 2010, 05:40:12 AM
Hammy,

Congrats!  On Megadroid Magic - this Upgrade bot does seem soooo smart doesn't it? I think the original bot would have held on and found a stoploss on us for some strange reason...

And congrats on the FT49 profit of 60 pips... I only got my extra 20 pips with Forex Gator Trading today...

Oh well, my MIG Portfolio will include Megadroid 1.21 and Forex Gator Trading and I am hoping to find Profitable Pips on the way...

And Tiffany, I also received a couple of emails that Forex Megadroid is raising its price tomorrow... And I too wonder whether there will be a new version 2 coming out soon... no need as far as I can see... and what about the Accu Swissy Megadroid Clone Wannabe that trades the Eur/Chf? Only a FREEBIE when you purchase other systems... Not fair in my books Folks!  But I guess we shall have to wait and see...

Colleen ;)


I got a SL in the default and a 10 pips profit in +4 window. Colleen which upgrade bot do you meen?
Title: Re: MegaDroid...
Post by: Trade It Easy on January 20, 2010, 11:37:39 AM
MD Traded well last night. I got trades on all my charts. +6 and +23 both hit full TP and the others all closed out for 1 or 2 pips profit. Overall I I bagged about 24 or 25 pips. Good night for MD. No SL's for me...yet! lol. Very strange that one of you hit SL on default and then TP on +4 and the other hit TP on default and SL on +4. Whats going on!  ::) :D
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dlewisfl on January 20, 2010, 01:48:15 PM
Hit a stoploss on the +4 chart today anyone else

Hi. I am pretty new to all this. I have been using James Mod with settings of -2, +4 and +6 and it was going very well. Can someone please tell me exactly what GMT hours these trade. ie Is -2 from 22.00 to when ect.

Sorry to hear abot your loss with James Mod.  GMT trading times are as follows:

-2: 19:00 - 21:00 GMT
+4: 1:00 - 3:00 GMT
+6: 3:00 - 5:00 GMT

I'm running standard ADT setup and had five trades last night.  Four winners and one SL, end result was -9 pips.  The SL was on +4, winners were on -2, Standard, and two on +6.  The standard chart trades at higher risk than the other charts so my $$ loss was very small.  First SL in 30-something trades on live account (had it shut down last two weeks of December and first two of January).  My live account has now had a total of three SLs and over 60 winners since September.  I've shut it down at various times due to news/holidays so it's probably only been trading three months.
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 04:00:13 PM
Ingonocole,

I mean Megadroid 1.21 Default (No James Bots or ADT added to it) which was the Original Megadroid bot which was upgraded last Fall... and it's performing really well since then... so well in fact that Albert Perrie and John Grace (Megadroid Developers) are launching a Relaunch and then the price will be going up...

Colleen ;)
Title: Re: MegaDroid...
Post by: someguy on January 20, 2010, 04:11:28 PM
I guess that's a joke? I don't know.

Weird thou that they haven't started selling the MD Pro.
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 04:34:24 PM
Hi Someguy,

No sign of MDPro for sale here... just Megadroid 1.21 from what I can see... and what about the Accu Swissy Megadroid Clone Wannabe that trades Eur/Chf being available for us (Accu Swissy has been a "Gift" when traders purchase other systems) - And does that one trade as well as our beloved Megadroid 1.21?  Gee, guess we have to buy whatever upgrades come along the way...

Colleen ;)
Title: Re: MegaDroid...
Post by: ingonicole on January 20, 2010, 05:13:16 PM
Are so you trade only the default Colleen?
But it its trading that often?
I only have a few trades with the default window. I use Forex.com
Title: Re: MegaDroid...
Post by: ingonicole on January 20, 2010, 05:16:42 PM
Hit a stoploss on the +4 chart today anyone else

Hi. I am pretty new to all this. I have been using James Mod with settings of -2, +4 and +6 and it was going very well. Can someone please tell me exactly what GMT hours these trade. ie Is -2 from 22.00 to when ect.

Sorry to hear abot your loss with James Mod.  GMT trading times are as follows:

-2: 19:00 - 21:00 GMT
+4: 1:00 - 3:00 GMT
+6: 3:00 - 5:00 GMT

I'm running standard ADT setup and had five trades last night.  Four winners and one SL, end result was -9 pips.  The SL was on +4, winners were on -2, Standard, and two on +6.  The standard chart trades at higher risk than the other charts so my $$ loss was very small.  First SL in 30-something trades on live account (had it shut down last two weeks of December and first two of January).  My live account has now had a total of three SLs and over 60 winners since September.  I've shut it down at various times due to news/holidays so it's probably only been trading three months.


I use
default
+4 window
+6 window

But i only got 2 trades - really strange. What is the best Broker for MD?
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 05:25:43 PM
Hello Ingonicole,

I trade Megadroid 1.21 and yes it tends to trade only a few times a week but that's fine with me if it's finding the Profitable Pips for me! :)

I was trading with Forex.com/UK Megadroid 1.21 in Demo up to Live and now I'm going Live with my MIG account as indicated below with my settings...

Version_1.21=
_1=System Parameters
Stealth=1
Aggressive=1
NFA=0
GmtOffset=0.00000000
AutoLocalGmtOffset=1
AutoServerGmtOffset=1
S1_Reference=12345678
S2_Reference=87654321
ReceiptCode=XXXXXXXX
_2=Comment Position
TopPadding=30
LeftPadding=20
TextColor1=16119285
TextColor2=13882323
_3=Strategy Parameters
Slippage=3
SendEmails=0
OrderComments=
_4=Order Management
LotSize=0.10000000
_5=Ratio Order Management
RiskLevel=0.00000000
RecoveryMode=0

Colleen ;)
Title: Re: MegaDroid...
Post by: dkmillion on January 20, 2010, 05:30:25 PM
Risk level zero???  I guess it won't trade...
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 05:40:58 PM
Hello dkmillion,

Risk Level = 0 so I can enter my preferred lotsize of 0.1...

And it has been trading for me btw... :)

Remember my post about last night's trade?

20767187   2010.01.19 22:55   buy   0.10   eurusd   1.42850   1.42433   1.43350   2010.01.20 00:32   1.42884   0.00   0.00   0.03   3.40

3.4 Pips Profit! Green is Good!


Colleen ;)
Title: Re: MegaDroid...
Post by: ingonicole on January 20, 2010, 05:48:49 PM
Thank you Colleen :-)

so you use Agressive=true.

How man trades did you get this month?
Is Mig better than Forex.com UK?
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 06:02:33 PM
I like both Brokers... Forex.com/UK is dedicated to other trading right now in my Portfolio and MIG was the only other available Broker for me to use as it didn't have anything else running on it.

Forex.com/UK - you can open with a small amount as low as $250 is the minimum for an MT4 Micro account which allows you to trade with smaller microlot sizes of .01 and up... - this is the one I would suggest for smaller deposits and ea usage...

But we also have the MIG account
MIG - Swiss Brokerage - you can open up an account with $5K as minimum startup for an MT4 Account and you trade at .1 lotsizes and up...

Hubby likes having a Swiss account... spreads are reasonable and the Platform seems to work well for us...

Both Forex.com/UK and MIG seem to work well with the Megadroid 1.21 bot! :)

I have been on my Winter Hiatus - stopped Live Trading in early December actually while I went on Vacation and enjoyed the Christmas Holiday with my family and friends... and I've also undergone a massive Portfolio shakeup and have been reorganizing my Trading Accounts around a bit too and then last week I got hit with a Computer Virus... and am relegated to an extra tower we had kicking around the office and I'm hanging in until my pc returns to me sometime this week hopefully...

So best I can say is my Forex.com Demo worked well after the Upgrade to the 1.21 and then I did execute a few weeks of Live Trading with Megadroid 1.21 with no losses on the Forex.com/UK Live Account and now I'm using the MIG Account for my LIVE trading with the Megadroid 1.21...

And Aggressive = True - and back to the manual we get to go to explain in more detail how this gets activated... I thought it was when Megadroid was confident in its signals it initiated this Aggressive mode and it has something to do with the S1 and S2 settings initiating trades as the Megadroid chugs along apparently...  

Colleen ;)

PS:  And you folks know I'm getting my Monthly Rebates paid into my Paypal Account through my referring broker The Aslan Group... :)
Title: Re: MegaDroid...
Post by: pandora on January 20, 2010, 07:02:04 PM
Hi dlewisfl

Thanks for those times. I seem to have hit all my SLs to date on the +4.
15.1.10 @ +1.00 and 20.1.10 @+1.15
There have been several crazy spikes around +1 where MD has taken the wrong direction. Don't know what is happening at that time???? China?
Title: Re: MegaDroid...
Post by: DamBuster on January 20, 2010, 08:09:19 PM
December to date:

14 wins
1 SL
2 small losses of less that 5 pips

Overall nice profit and very happy just letting it run on default settings with fixed lot sizes
Title: Re: MegaDroid...
Post by: ingonicole on January 20, 2010, 08:14:40 PM
only with default you got 17 trades? not bad
Title: Re: MegaDroid...
Post by: DamBuster on January 20, 2010, 08:22:06 PM
Default (with aggressive) on Alpari UK live (also run a demo on Alpari UK just to cross check as well and its near identical)
Title: Re: MegaDroid...
Post by: Mic on January 20, 2010, 08:36:00 PM
What percent profit is MD making now?
Title: Re: MegaDroid...
Post by: Tom23824 on January 20, 2010, 09:30:44 PM
Hit a stoploss on the +4 chart today anyone else

Yup mine too!... EURUSD just fell off the cliff during the +4 hours. it wiped off the profits made this year on MD-ADT.  :'(
Title: Re: MegaDroid...
Post by: Colleen on January 20, 2010, 11:35:10 PM
Broker Deviation on trades tonite...

My MIG finally took a couple of Sells tonite... yet a friend had a Buy and Sell before mine even got started...

Who knows which direction the Eur/Usd will swing tonite... Scalped both Sells and found a wee bit of profit and am calling it a night tonite for Megadroid Magic...

20792966   2010.01.20 23:57   sell   0.10   eurusd   1.41113   1.42630   1.40613   2010.01.21 00:08   1.41073   0.00   0.00   0.00   4.00
20792783   2010.01.20 23:56   sell   0.10   eurusd   1.41096   1.41573   1.40496   2010.01.21 00:09   1.41073   0.00   0.00   0.00   2.30

Colleen ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on January 21, 2010, 12:01:59 AM
Broker Deviation on trades tonite...

My MIG finally took a couple of Sells tonite... yet a friend had a Buy and Sell before mine even got started...

Who knows which direction the Eur/Usd will swing tonite... Scalped both Sells and found a wee bit of profit and am calling it a night tonite for Megadroid Magic...

20792966   2010.01.20 23:57   sell   0.10   eurusd   1.41113   1.42630   1.40613   2010.01.21 00:08   1.41073   0.00   0.00   0.00   4.00
20792783   2010.01.20 23:56   sell   0.10   eurusd   1.41096   1.41573   1.40496   2010.01.21 00:09   1.41073   0.00   0.00   0.00   2.30

Colleen ;)

Hi Colleen,
I got the buy and the sell. Default was on fire tonight. It 15 pips on the first buy trade and then 10 pips on the 2nd trade. It has made yet another! trade and is currently sitting in a small profit. I don't think I have ever had 3 trades in one night on the default chart. Anyway anyone else get trades?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: 808 on January 21, 2010, 12:08:53 AM
Nope no trades for me Forex.com/uk just the loss last night
Title: Re: MegaDroid...
Post by: DamBuster on January 21, 2010, 01:20:32 AM
1 trade @ 23.21, buy, closed for 13 pips
2 identical trades @ 23.57, sell, closed for 0.3 and 0.1 pips

Never had MD open 3 trades in one night, let alone 2 identical ones. Will let them close then restart the server in case there are 2 incidences of the MT4 platform running
Title: Re: MegaDroid...
Post by: hammy on January 21, 2010, 02:39:39 AM
Another nice trade for 15 pips tonight on MD 1.21

I guess the price really is going up on MegaDroid, it was confirmed by email from FapTurbo Team who recommend getting it before the price increase to $149.
Title: Re: MegaDroid...
Post by: Colleen on January 21, 2010, 03:11:09 AM
Hi Hammy,

I've received several emails on that price increase to $149 and I tried my Affiliate Link and you can receive it for $87 if you exit from the website you're linked to - you get a window that chats with you from Megadroid Support like this...

MegaDroid Support: Hi. Thanks for taking a look at Forex MegaDroid but I'm a bit confused...

MegaDroid Support: If you read all of the information then why wouldn't you want a copy for yourself?

MegaDroid Support: Remember, the MegaDroid robot has banked over 50% NET PROFIT in the last few days alone!

MegaDroid Support: It's working really, REALLY well for other users so it would be a shame for you to miss out.

MegaDroid Support: How about if I let you have the system at a reduced price? ...

MegaDroid Support: I can authorize $87 rather than the normal $97 but it's a ONE-TIME offer.

So if you want to get another copy or help a family member or friend get ahold of our beloved Megadroid - check any "Affiliate" link you have and see if this works - you might save some money and not have to worry about the $149 fee it will cost on Friday apparently...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: ingonicole on January 21, 2010, 05:33:59 AM
I got 2 trades in the +4 window with 10 and 2 pips.
I really dont know why i dont get trades in the default window.
Title: Re: MegaDroid...
Post by: Colleen on January 21, 2010, 07:01:17 PM
Emails about Megadroid... From affiliates everywhere... Anyway, Relaunch is TODAY & they put the price up on Friday.... to $149 US...

And the link from Affiliates has the price at $97 for today...

Colleen ;)
Title: Re: MegaDroid...
Post by: someguy on January 21, 2010, 08:57:30 PM
What does this relaunch entail? Just a new price? Whoopie :)
Title: Re: MegaDroid...
Post by: aagarcia on January 21, 2010, 09:29:16 PM
How is it possible that I am using the same broker as the MD page but had a small loss on my 2nd trade last night while they have a win?
Title: Re: MegaDroid...
Post by: howkra on January 21, 2010, 09:37:01 PM
Hi Colleen, Howie here..........I just purchased MD and noticed that you are using it ......How do you like it and what should I keep an eye out for??  ............How often does it trade and does it only scalp?  ................Any info would be appreciated....Thanks,  Howie
Title: Re: MegaDroid...
Post by: Colleen on January 21, 2010, 10:21:07 PM
And my MIG got in early tonite to trade Megadroid 1.21 for me and Megadroid Magic happened again for me! :)

20822400   2010.01.21 22:49   buy   0.10   eurusd   1.40797   1.40271   1.41297   2010.01.21 23:16   1.40897   0.00   0.00   0.03   10.00

Happiness is...

Colleen ;)
Title: Re: MegaDroid...
Post by: jackcheah on January 22, 2010, 12:27:27 AM
hey guys, im new to the MD ea, and had previously consistently trade with FAP49.

The charts of +4, -2 and etc, where could i locate them? or how do i put them into use? i only see a default setting and would be glad if anyone could help me out.  ;)
Title: Re: MegaDroid...
Post by: 808 on January 22, 2010, 01:00:16 AM
It is the GMT offset minus either -4 ,-2 etc. Open a different chart for each time, and set the 2 auto gmt settings to false
Title: Re: MegaDroid...
Post by: dlewisfl on January 22, 2010, 01:39:11 AM
It is the GMT offset minus either -4 ,-2 etc. Open a different chart for each time, and set the 2 auto gmt settings to false

Remember to factor in your broker's time when setting the offset.  e.g. If your broker's time is GMT +1, you need to add 1 to the GMT times you wish to trade.  Best way to get your brokers time is to load MD with the auto gmt set to true at first, it will tell you the offset.  Then set the auto gmt to false and edit the offset to your needs.
Title: Re: MegaDroid...
Post by: dlewisfl on January 22, 2010, 01:42:15 AM
I've been running Megadroid 24/5 for almost two months (loaded on 12 charts with gmt offsets to cover the entire day).  Here's the stats page (running on forex.com uk):

http://md245.mt4live.com/

*** Edit ***
Aggressive and Recovery Mode are set to false and risk is set to 10% on all charts.
Title: Re: MegaDroid...
Post by: jackcheah on January 22, 2010, 02:09:27 AM
It is the GMT offset minus either -4 ,-2 etc. Open a different chart for each time, and set the 2 auto gmt settings to false

Remember to factor in your broker's time when setting the offset.  e.g. If your broker's time is GMT +1, you need to add 1 to the GMT times you wish to trade.  Best way to get your brokers time is to load MD with the auto gmt set to true at first, it will tell you the offset.  Then set the auto gmt to false and edit the offset to your needs.


what are the actual times that the MD trades? and does this mean that by inserting the few charts, it would cover MD to trade for the whole day?

the offsets are ?

-2, -4, ? a gap of 2 hours each?
Title: Re: MegaDroid...
Post by: dlewisfl on January 22, 2010, 02:53:03 AM
would cover MD to trade for the whole day?

the offsets are ?

-2, -4, ? a gap of 2 hours each?

By default, MD trades 21:00 to 23:00 GMT.  It does not trade Sundays and it does not trade the 29th, 30th and 31st each month.  If you load it on a single chart and set both autoGMToffsets to true, these are the trading limits.  If you want it to trade more frequently, you need to load it on multiple charts, set both autoGMToffsets to false and modify the GMTOffset so it trades at different times.  e.g. My brokers server time is GMT so my default offset is zero.  For my 24/5 experiment where I want it trading all day, I've got one chart where both autoGMToffsets are true, the other 11 charts have both GMToffsets set to false and the GMTOffset field set to 2, 4, 6, 8, 10, 12, -10, -8, -6, -4 and -2.  It still doesn't trade the last couple of days of the month, but that's ok with me.  You also need to make sure the S1_Reference and S2_Reference numbers are different on each chart, and different from eachother so each chart can manage the trades it opens.
Title: Re: MegaDroid...
Post by: jackcheah on January 22, 2010, 03:57:18 AM
would cover MD to trade for the whole day?

the offsets are ?

-2, -4, ? a gap of 2 hours each?

By default, MD trades 21:00 to 23:00 GMT.  It does not trade Sundays and it does not trade the 29th, 30th and 31st each month.  If you load it on a single chart and set both autoGMToffsets to true, these are the trading limits.  If you want it to trade more frequently, you need to load it on multiple charts, set both autoGMToffsets to false and modify the GMTOffset so it trades at different times.  e.g. My brokers server time is GMT so my default offset is zero.  For my 24/5 experiment where I want it trading all day, I've got one chart where both autoGMToffsets are true, the other 11 charts have both GMToffsets set to false and the GMTOffset field set to 2, 4, 6, 8, 10, 12, -10, -8, -6, -4 and -2.  It still doesn't trade the last couple of days of the month, but that's ok with me.  You also need to make sure the S1_Reference and S2_Reference numbers are different on each chart, and different from eachother so each chart can manage the trades it opens.

thanks alot for your guidance  :D
Title: Re: MegaDroid...
Post by: dkmillion on January 22, 2010, 11:34:19 AM
I wonder which of those gave consistently the most profits?
Title: Re: MegaDroid...
Post by: robl45 on January 22, 2010, 07:48:18 PM
what are people having the most luck with?  I saw somewhere to run it on 4 charts, forex autotrading insights it was.  but there live results have it performing like crap.  I'm running it default and its seems to be working fine.

Only glitch I had was that it opened a buy and sell on my live account at the same time.  Obviously that shouldn't happen.  The demo account had closed one of the trades so I just closed the trade and let the other continue.  I assume it shouldn't do that though?
Title: Re: MegaDroid...
Post by: dlewisfl on January 22, 2010, 10:03:18 PM
I wonder which of those gave consistently the most profits?

My broker keeps demo accounts open for three months.  I plan to analyze results (by chart) at end of February.  Will probably start another demo in March ... maybe two (one running with aggressive mode off and the other with it on).

Looking through current order comments, wins/losses are as follows:

Standard MD: 7 wins, 0 losses
+02: 22 wins, 3 losses
+04: 15 wins, 3 losses
+06: 12 wins, 1 loss
+08: 21 wins, 3 losses
+10: 30 wins, 3 losses
+12: 21 wins, 5 losses
-10: 15 wins, 2 losses
-08: 30 wins, 1 loss
-06: 18 wins, 4 losses
-04: 18 wins, 1 loss
-02: 11 wins, 0 losses

I just counted trades, not pips (not all winners take 10 pips, losers vary in size).  I wouldn't infer much so far as this was trading through holiday season ... still need a few more months to draw any real conclusions, IMO.

Title: Re: MegaDroid...
Post by: howkra on January 23, 2010, 02:59:38 AM
Hi Colleen.......I just finished reading the entire thread and the questions asked of you in my last entry have been answered....Sorry I didn't check first....I'll keep you informed of my results ...I'm using Forex.comUK so we might have the same results ......I'm still very successful with K.R...Up to 18 wins 0 losses of at least 6 pips each and as many as 11 pips...........Howie
Title: Re: MegaDroid...
Post by: storx on January 23, 2010, 06:32:00 AM
hey all, i bought up MD last night to get it at the lower cost.. but never actually used it or looked into it as i been fairly successful on Fapturbo with my scalper setup... but i want to try and get this setup so i can maybe increase my profits overall...
What is a current Broker that you would recommend for this EA?? i run on JadeFX right now.. cause of the spreads and low commission but im not sure if this EA would work best on a commission based broker or spread based broker...
Title: Re: MegaDroid...
Post by: dennerle on January 23, 2010, 07:29:01 AM
Hi Colleen.......I just finished reading the entire thread and the questions asked of you in my last entry have been answered....Sorry I didn't check first....I'll keep you informed of my results ...I'm using Forex.comUK so we might have the same results ......I'm still very successful with K.R...Up to 18 wins 0 losses of at least 6 pips each and as many as 11 pips...........Howie
hi howkra, what is K.R?
Title: Re: MegaDroid...
Post by: ingonicole on January 23, 2010, 01:13:04 PM
I wonder which of those gave consistently the most profits?

My broker keeps demo accounts open for three months.  I plan to analyze results (by chart) at end of February.  Will probably start another demo in March ... maybe two (one running with aggressive mode off and the other with it on).

Looking through current order comments, wins/losses are as follows:

Standard MD: 7 wins, 0 losses
+02: 22 wins, 3 losses
+04: 15 wins, 3 losses
+06: 12 wins, 1 loss
+08: 21 wins, 3 losses
+10: 30 wins, 3 losses
+12: 21 wins, 5 losses
-10: 15 wins, 2 losses
-08: 30 wins, 1 loss
-06: 18 wins, 4 losses
-04: 18 wins, 1 loss
-02: 11 wins, 0 losses

I just counted trades, not pips (not all winners take 10 pips, losers vary in size).  I wouldn't infer much so far as this was trading through holiday season ... still need a few more months to draw any real conclusions, IMO.



Very impressive. So the most of your trading times are very profitable. Iam very interested in the whole results at the end :)
By the way -8 looks interessting
Title: Re: MegaDroid...
Post by: howkra on January 23, 2010, 02:13:41 PM
Dennerle......K.R. is Knight Rider and although some say I'm just lucky with it I have been very happy so far I have used It for a little over a month now.   ............. I have a thread under EAs if you want to learn more..............Good Luck and Happy Trading................Howie
Title: Re: MegaDroid...
Post by: dennerle on January 23, 2010, 02:39:33 PM
guys, i just bought MegaDroid and am using the FXHarvest's Mod B by James.

What time frame do you guys recommend for it to be profitable? There are GMT 2,4,6,8 and GMT -2,-4,-6,-8 and which are recommended?

Also, should i set aggressive and recovery to be true??
Title: Re: MegaDroid...
Post by: dkmillion on January 23, 2010, 03:57:36 PM
Very impressive dlewisfl, great work!
Title: Re: MegaDroid...
Post by: ingonicole on January 23, 2010, 06:32:57 PM
looks like MD has some potential  :D
Title: Re: MegaDroid...
Post by: Mic on January 23, 2010, 06:36:49 PM
Can someone please tell me what profit % MD is averaging monthly now?
Title: Re: MegaDroid...
Post by: Trade It Easy on January 23, 2010, 06:47:49 PM
Can someone please tell me what profit % MD is averaging monthly now?

I suppose it depends on what risk percentage you set it.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Kaylan on January 23, 2010, 07:50:28 PM
Can someone please tell me what profit % MD is averaging monthly now?

I am running 4 charts with MD on the advanced system.

In the last three months there have been 5 losses (some very large) but my account is still up 13%

I just set and forget. (well don't forget, I do watch it very closely but don't interfer)

Kaylan 8)
Title: Re: MegaDroid...
Post by: CValle86 on January 24, 2010, 04:11:41 AM
I've been looking into maying purchasing this one but since they aren't selling the advanced droid tactics anymore should I hold off. I mean isn't that where most people are getting these great results from? Or is there another comparable system/setting out there?

-CV
Title: Re: MegaDroid...
Post by: ingonicole on January 24, 2010, 11:17:16 AM
Can someone please tell me what profit % MD is averaging monthly now?

I am running 4 charts with MD on the advanced system.

In the last three months there have been 5 losses (some very large) but my account is still up 13%

I just set and forget. (well don't forget, I do watch it very closely but don't interfer)

Kaylan 8)

Which trading windows did you use?
i use default, +4 and +6 and since december i got only 1 loss
Title: Re: MegaDroid...
Post by: jat41 on January 24, 2010, 02:37:20 PM

Can someone please tell me what profit % MD is averaging monthly now?

I am running 4 charts with MD on the advanced system.

In the last three months there have been 5 losses (some very large) but my account is still up 13%

I just set and forget. (well don't forget, I do watch it very closely but don't interfer)

Kaylan 8)

Which trading windows did you use?
i use default, +4 and +6 and since december i got only 1 loss

Number of trades and wins/losses also depends on whether or not Aggressive is set to true.
Title: Re: MegaDroid...
Post by: robl45 on January 24, 2010, 03:19:53 PM
should aggressive and recovery mode both be set to true?
Title: Re: MegaDroid...
Post by: Kaylan on January 24, 2010, 03:52:50 PM



Which trading windows did you use?
i use default, +4 and +6 and since december i got only 1 loss

It depends on which broker you use and GMT offset.

Kaylan 8)
Title: Re: MegaDroid...
Post by: Almandine on January 24, 2010, 04:43:13 PM
A little bit of information:
I have been using Megadroid on my live account since the summer of 2009. All settings default, aggressive = OFF, recovery = ON. With these settings it did not have any losing trades, all 100% is winner.

I post the monthly results. Note that I use fixed lot sizes, and gradually I increased it. 2-3 months ago I set it to a rather high risk (0.4 lots per $1000), which I am willing to take because of the 100% winning rate.

July 6.35%
August 2.96%
September 4.78%
October 2.51%
November 3.04%
December 8.39%
January 14.57%

It is without Advanced Droid Tactics. I just started demoing ADT.

Currently the Megadroid is the only EA I use.
Title: Re: MegaDroid...
Post by: jat41 on January 24, 2010, 05:13:10 PM
should aggressive and recovery mode both be set to true?

It's entirely up to you. The aggressive strategy will have MD searching for more trades, but these will result in more of a risk. Recovery mode is a tricky thing. Yes, MD tends not to have two losing trades in a row, but it does and WILL happen. Why risk it...MD will recover the loss on its own, and always keep you ahead. That's why it's as successful as it is.  :)

I personally have aggressive set to false, and recovery mode off. If you use ADT, you get ample amounts of trades.

Nice results Almandine!

Best all -
Title: Re: MegaDroid...
Post by: hammy on January 24, 2010, 06:51:50 PM
A little bit of information:
I have been using Megadroid on my live account since the summer of 2009. All settings default, aggressive = OFF, recovery = ON. With these settings it did not have any losing trades, all 100% is winner.

I post the monthly results. Note that I use fixed lot sizes, and gradually I increased it. 2-3 months ago I set it to a rather high risk (0.4 lots per $1000), which I am willing to take because of the 100% winning rate.

July 6.35%
August 2.96%
September 4.78%
October 2.51%
November 3.04%
December 8.39%
January 14.57%

It is without Advanced Droid Tactics. I just started demoing ADT.

Currently the Megadroid is the only EA I use.

Very nice ! , not huge , but nice .. :D
I don't know how you avoided those losses in the fall that everyone else got ??.. :o
Title: Re: MegaDroid...
Post by: Almandine on January 24, 2010, 07:10:46 PM
Very nice ! , not huge , but nice .. :D
I don't know how you avoided those losses in the fall that everyone else got ??.. :o

I have no idea. I did not follow the MD forums, so I even did not know others had losses. I did not do anything special, and the MD is running continouosly on VPS. Luck, I guess.
Title: Re: MegaDroid...
Post by: robl45 on January 24, 2010, 07:56:05 PM
by default isn't agressive set to true?

A little bit of information:
I have been using Megadroid on my live account since the summer of 2009. All settings default, aggressive = OFF, recovery = ON. With these settings it did not have any losing trades, all 100% is winner.

I post the monthly results. Note that I use fixed lot sizes, and gradually I increased it. 2-3 months ago I set it to a rather high risk (0.4 lots per $1000), which I am willing to take because of the 100% winning rate.

July 6.35%
August 2.96%
September 4.78%
October 2.51%
November 3.04%
December 8.39%
January 14.57%

It is without Advanced Droid Tactics. I just started demoing ADT.

Currently the Megadroid is the only EA I use.
Title: Re: MegaDroid...
Post by: Mic on January 24, 2010, 08:04:27 PM
A little bit of information:
I have been using Megadroid on my live account since the summer of 2009. All settings default, aggressive = OFF, recovery = ON. With these settings it did not have any losing trades, all 100% is winner.

I post the monthly results. Note that I use fixed lot sizes, and gradually I increased it. 2-3 months ago I set it to a rather high risk (0.4 lots per $1000), which I am willing to take because of the 100% winning rate.

July 6.35%
August 2.96%
September 4.78%
October 2.51%
November 3.04%
December 8.39%
January 14.57%

It is without Advanced Droid Tactics. I just started demoing ADT.

Currently the Megadroid is the only EA I use.

Thanks for replying with the actual percentages.

Is there a way to make 20-25% monthly without risking blow-up of your account?
Title: Re: MegaDroid...
Post by: robl45 on January 24, 2010, 09:26:03 PM
question for everyone, I've been backtesting megadroid standard time frame with agressive on and recovery true.  it does fantastic in the backtests for years.

I try the other time frames and aside fro the +6 chart which does better with agressive on instead of off, the other timeframes have been crap.  even going back like 2 years, the other timeframes have crappy graphs.  So why bother with that?
Title: Re: MegaDroid...
Post by: someguy on January 24, 2010, 09:44:43 PM
question for everyone, I've been backtesting megadroid standard time frame with agressive on and recovery true.  it does fantastic in the backtests for years.

I try the other time frames and aside fro the +6 chart which does better with agressive on instead of off, the other timeframes have been crap.  even going back like 2 years, the other timeframes have crappy graphs.  So why bother with that?

Backtests are backtests. But, I really don't like alternative charts with aggressive==true myself. In fact I don't even run default with aggressive setting anymore.
Title: Re: MegaDroid...
Post by: robl45 on January 25, 2010, 12:21:01 AM
why don't you like aggressive?  honestly, I know backtests aren't perfect, but 2 out of the 3 alternate settings are just plain crappy on backtests with agressive true or false.  the +6 one doesn't have the greatest graph but looks like it would make money over the long haul.  just not sure why someone would want to risk making less money.
Title: Re: MegaDroid...
Post by: dlewisfl on January 25, 2010, 06:17:58 AM
why don't you like aggressive?  honestly, I know backtests aren't perfect, but 2 out of the 3 alternate settings are just plain crappy on backtests with agressive true or false.  the +6 one doesn't have the greatest graph but looks like it would make money over the long haul.  just not sure why someone would want to risk making less money.

You may want to check how you're backtesting, the other ADT graphs are not "crappy".  I've attached four backtest graphs for standard MD, -2, +4 and +6 (aggressive mode was on for all tests).  Timeframe for each test was the decade 2000 - 2009.  Each chart had a better than 90% wins.
Title: Re: MegaDroid...
Post by: someguy on January 25, 2010, 06:56:51 AM
why don't you like aggressive?  honestly, I know backtests aren't perfect, but 2 out of the 3 alternate settings are just plain crappy on backtests with agressive true or false.  the +6 one doesn't have the greatest graph but looks like it would make money over the long haul.  just not sure why someone would want to risk making less money.

Haha, risk making less money. Well, I run more EAs than MD on my accounts. And I think the most important thing in a multi-strategy portfolio is to minimize the risk of stop losses, since it will affect the earnings of the other strategies as well. IE I only want to play the settings with the very best track record. In my live experience this is MD Strategy 1 on various offsets (I have never bought ADT or other settings, been experimenting with it myself). I'd rather make double bets on S1 than run both S1 and S2 right now.
Title: Re: MegaDroid...
Post by: robl45 on January 25, 2010, 12:33:01 PM
okay, so by your own charts.  look at standard MD, you have a nice line, the -2 and +6, not so bad, does the +4 really look good to you?  whats it done over the past 2 years?  I may just run the timeframes without the +4 chart on. 

But as you can see from the backtests, the 0 offset is the true star, so why mess with the other ones at all?

why don't you like aggressive?  honestly, I know backtests aren't perfect, but 2 out of the 3 alternate settings are just plain crappy on backtests with agressive true or false.  the +6 one doesn't have the greatest graph but looks like it would make money over the long haul.  just not sure why someone would want to risk making less money.

You may want to check how you're backtesting, the other ADT graphs are not "crappy".  I've attached four backtest graphs for standard MD, -2, +4 and +6 (aggressive mode was on for all tests).  Timeframe for each test was the decade 2000 - 2009.  Each chart had a better than 90% wins.
Title: Re: MegaDroid...
Post by: dlewisfl on January 25, 2010, 01:07:06 PM
But as you can see from the backtests, the 0 offset is the true star, so why mess with the other ones at all?

Aren't you the guy who just said "why risk making less money"?   ;)

If I ran standard MD from 2000 - 2009, on a $10k account trading 1 lot per trade, I made $93k.  If I also ran the -2, +4 and +6 charts trading 1 lot per trade, I made $268k.

The "0" chart (a.k.a standard MD) is the star for a reason, that's the timeframe the system was designed to run!  When you use additional charts, you are running at times the system is not designed to run.  However, the winning percentage in those time frames is high enough to justify running them, IMO.  My live trading for the past five months verifies they are profitable.

Anyone looking at these graphs thinking they're not worth running because the 0 chart line goes up a little more vertical may need to re-evaluate what is a good return.  The other charts returned ~600% each over ten years with drawdown of 5%, 6% and 12%.  And now you're saying "why mess with them"?  LOL!
Title: Re: MegaDroid...
Post by: robl45 on January 25, 2010, 01:58:32 PM
you are running 1 lot.  if you run money management and let it increase the lots for you, the 0 chart will make far more money.  is it not good to run the moneymanagement?


But as you can see from the backtests, the 0 offset is the true star, so why mess with the other ones at all?

Aren't you the guy who just said "why risk making less money"?   ;)

If I ran standard MD from 2000 - 2009, on a $10k account trading 1 lot per trade, I made $93k.  If I also ran the -2, +4 and +6 charts trading 1 lot per trade, I made $268k.

The "0" chart (a.k.a standard MD) is the star for a reason, that's the timeframe the system was designed to run!  When you use additional charts, you are running at times the system is not designed to run.  However, the winning percentage in those time frames is high enough to justify running them, IMO.  My live trading for the past five months verifies they are profitable.

Anyone looking at these graphs thinking they're not worth running because the 0 chart line goes up a little more vertical may need to re-evaluate what is a good return.  The other charts returned ~600% each over ten years with drawdown of 5%, 6% and 12%.  And now you're saying "why mess with them"?  LOL!
Title: Re: MegaDroid...
Post by: tlbone on January 25, 2010, 02:27:45 PM
has anyone thought of how the new CFTC proposals will effect what lot size and risk we will be taking in the future with megadroid and will this cause us to have to run a very low risk size to maintain the margin size they will be requesting for the 10:1 leverage ?

http://www.fxstreet.com/education/forex-basics/cftc-forex-proposal-us-retail-market-to-disappear/2010-01-19.html (http://www.fxstreet.com/education/forex-basics/cftc-forex-proposal-us-retail-market-to-disappear/2010-01-19.html)
Title: Re: MegaDroid...
Post by: Hansen on January 25, 2010, 02:45:32 PM
tlbone (and others)

You can voice your opinion about the CFTC proposed regulation by e-mailing to secretary@cftc.gov Subject: Regulation of Retail Forex and mention RIN 3038-AC61 in the message body.

Not that it belongs to this thread exactly, but I thought I would mention it since the CFTC has requested comments regarding the proposed regulation.

All in all - the requested leverage to 1:10 has not yet been decided upon, so get your comments on the way :)
Title: Re: MegaDroid...
Post by: tlbone on January 25, 2010, 02:54:14 PM
thanx Hanson....nicely put !
Title: Re: MegaDroid...
Post by: someguy on January 25, 2010, 03:07:37 PM
has anyone thought of how the new CFTC proposals will effect what lot size and risk we will be taking in the future with megadroid and will this cause us to have to run a very low risk size to maintain the margin size they will be requesting for the 10:1 leverage ?

http://www.fxstreet.com/education/forex-basics/cftc-forex-proposal-us-retail-market-to-disappear/2010-01-19.html (http://www.fxstreet.com/education/forex-basics/cftc-forex-proposal-us-retail-market-to-disappear/2010-01-19.html)

Yes. I currently trade MD at brokers with 1:100, 1:200 and 1:500 leverage. If you were to trade at 1:10 you could only maintain 1/10-1/50 (at most) of the positions without getting margin calls. So when a 1 lot trade today takes $1K (at 1:100) it would now need $10K. Then again, whom of us with $1K accounts trades full lots? No one I hope. Huge leverage is good to have, but I actually think that 1:10 should be okay for most scalpers, perhaps it will lead to more sound risk taking (like 2% per trade, total of 5%).

It is a much more serious issue for grid traders like RoboMiner, then again it is a US-thing. Noone wants to trade at US brokers anyhow with grid traders because of the FIFO rule.
Title: Re: MegaDroid...
Post by: tlbone on January 25, 2010, 03:13:07 PM
yes as with megadroid i am limited to fifo and hedging rules for alpari u.s. ....so touch base with adt now and then but mostly sticking with megadroid default and rebellion manual trading.....im starting to learn more of the manual trading using rebel and it has taught me alot about trading i was never aware of....the safest trader out there is ..... ::)  the DEMO.... ;D ;D

Quote
....control thy emotions and ye shall find logic !
Title: Re: MegaDroid...
Post by: dlewisfl on January 25, 2010, 06:55:35 PM
you are running 1 lot.  if you run money management and let it increase the lots for you, the 0 chart will make far more money.  is it not good to run the moneymanagement?

Money management is a personal choice.  The standard MD timeframe chart will have a higher winning percentage, thus it will make more money.  If you want to ignore the other charts because they only win 93% of the trades instead of 95%, that's (again) a personal choice.  The bottom line is you will make a lot more money trading multiple charts with MD with a very slight increase in risk (as proven by backtesting, forward testing on demo and live trading).  Shutting aggressive mode off will help reduce the risk (and give up some profits), which is what I personally do.
Title: Re: MegaDroid...
Post by: tlbone on January 25, 2010, 07:34:50 PM
well....wonder how megadroid will hold up for default time tonight ?
Title: Re: MegaDroid...
Post by: someguy on January 25, 2010, 08:29:17 PM
well....wonder how megadroid will hold up for default time tonight ?

EURUSD looks nice I think. I'll trade at least.
Title: Re: MegaDroid...
Post by: tlbone on January 25, 2010, 11:27:48 PM
no trades from megadroid for me tonight....but did ok with the gbp manually...
rebellion to me runs circles around megadroid just because i dont get but maybe 2-3 trades with megadroid on default per week...it just wont trade much....
Title: Re: MegaDroid...
Post by: Trade It Easy on January 26, 2010, 01:00:15 AM
Hi,
Yeah I didn't catch the nice long on gbpusd, I only manually trade with the pro fx indicators only taking trades at the start of the London morning session. I use the free Lindencourt daily system on the gbpusd too.
Anyway back to MD I had no trades on my live account across all pairs (+6 could still catch a trade). I have an open short trade on my demo account on the +2 chart.
My demo account has been going very well. I do not manually trade whatsoever on this particular account as it is eas only. Starting at 10,000 on the 17/12/09 it is now sitting at 14932.35 with a $195 DD. Almost a 50% increase in just over a month. I admit it is set to relatively high risk settings however I have only applied the most suitable bots. One of them is NOT fapT. It just hasn't been consistent enough for me recently. I am not getting my hopes up too much though as it is still early days and there's plenty more testing to go until I am convinced the setup is relatively solid.
On my live account I am using a more conservative setup as my account is only around $600.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: 808 on January 26, 2010, 04:06:03 AM
I have had it with ADT I keep getting stop loss after stop loss. I switched brokers from FXDD for forex.com UK and since then just stop loss after loss witch wipes away all proft.
Title: Re: MegaDroid...
Post by: ingonicole on January 26, 2010, 05:24:32 AM
a bad night or me.
2x SL in the +4 window....dont know why he opened a second postition 30minutess after the first
Title: Re: MegaDroid...
Post by: nowan on January 26, 2010, 05:26:50 AM
Hit a stop loss in the +4 window, probably going to see another one soon (it is open). Wondering if i should just modify the stop loss for this trade since I suspect that eurusd will be coming back up (it is a long).

The other SL was for a short -- and if the SL wasnt so tight, it would have ended in profit.
Title: Re: MegaDroid...
Post by: ingonicole on January 26, 2010, 05:31:55 AM
i dont understand why he opened a second trade while the first is still open in the same trading window ???

So this month i got 3 SL - this will be a losing month  :(
Title: Re: MegaDroid...
Post by: someguy on January 26, 2010, 06:22:54 AM
Crap. Stupid movements during Tokyo got to stop :)
SL on +6 (and +4, but I only trade 0.01 there to evaluate live performance right now).
Title: Re: MegaDroid...
Post by: nowan on January 26, 2010, 06:45:32 AM
Hit that second stop loss a minute ago from the +4 chart. First two trades on MD have turned out to be losers (i bought it before the price went up last week)... people are having luck though... right? :)
Title: Re: MegaDroid...
Post by: ingonicole on January 26, 2010, 07:31:56 AM
on my demo account with the JamesMod B i only had one SL
Title: Re: MegaDroid...
Post by: Trade It Easy on January 26, 2010, 08:29:45 AM
I got the +6 SL on my live account! ooo  :o That does knock off some profits but only about 10% of profits from MD last week. Luckily my MD did not have a large SL and only lost $20 with a 0.05 bet. However on my demo account MD was profitable last night with a very small 0.3 pip win (could have been the full TP if MD left it) and the +4 and +6 chart did not trade. This is probably due to a trade already open that has the same magic number.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: ingonicole on January 26, 2010, 08:53:04 AM
I got the +6 SL on my live account! ooo  :o That does knock off some profits but only about 10% of profits from MD last week. Luckily my MD did not have a large SL and only lost $20 with a 0.05 bet. However on my demo account MD was profitable last night with a very small 0.3 pip win (could have been the full TP if MD left it) and the +4 and +6 chart did not trade. This is probably due to a trade already open that has the same magic number.
Regards
Autotrader

Did you trade with the same lotsize last week? i wonder if a SL did costs you only 10% of the profits last week. which times are you trading?
Title: Re: MegaDroid...
Post by: Hansen on January 26, 2010, 09:33:09 AM
No trades on default for me on MD last night.

I guess it is for the better. No SL at least :-X
Title: Re: MegaDroid...
Post by: bart on January 26, 2010, 11:01:26 AM
I was thinking, instead of only looking at -2, -4, -6, +2, +4, +6 etc. would it not be interesting to look at intervals like -3, -5, -7, +3, +5, +7 etc?

In some cases all the SL in the last 2 months occurred in the same hour, so why not shift an hour?
Title: Re: MegaDroid...
Post by: Trade It Easy on January 26, 2010, 11:39:16 AM
I got the +6 SL on my live account! ooo  :o That does knock off some profits but only about 10% of profits from MD last week. Luckily my MD did not have a large SL and only lost $20 with a 0.05 bet. However on my demo account MD was profitable last night with a very small 0.3 pip win (could have been the full TP if MD left it) and the +4 and +6 chart did not trade. This is probably due to a trade already open that has the same magic number.
Regards
Autotrader

Did you trade with the same lotsize last week? i wonder if a SL did costs you only 10% of the profits last week. which times are you trading?

I have overlooked trades I got it wrong sorry! horrendously wrong!! thankyou. Its 10% of overall profits with all systems. I lost 39% of pure MD profits. A big reason why I did not lose as much as others is because I do not trade the traditional ADT setup AND I had one trade that closed for +24 pips last monday so that one trade alone helped soften the blow of the +6 SL this week. My risk % has stayed the same.
However for this week as that was my first MD trade I start the week off with -40 pips! MD is going to have to work hard to make it a profitable week.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Kaylan on January 26, 2010, 12:06:34 PM
Don't forget the words from Benjamin Cooke of ADT

This coming week is an FOMC meeting week in the U.S. and you should probably consider shutting down ADT before the FOMC news release on Wednesday. Depending on where you are in the world you might want to check the http://www.forexfactory.com calendar to verify the time of the news event. If the news doesn't seem to make much difference in the market then you can consider jumping back in on Thursday for the final Asian session of the week.


Kaylan 8)
Title: Re: MegaDroid...
Post by: DaveO on January 26, 2010, 01:06:32 PM
FOMC  announcement on Wed 27th is at 2.15pm EST = 7.15pm GMT

The Fed announcements are now quite impotent as compared to what they used to be. Mainly because they continue to announce commitment to keep rates unchanged for the forseeable future.

David.
Title: Re: MegaDroid...
Post by: robl45 on January 26, 2010, 01:51:26 PM
i've been saying this and people act like I"m crazy, I don't see the point in running the other time frames, set the standard time to agressive and be done with it, I got no trades on standard time agressive yesterday.  One good trade on -2 time. and two monster losses on +4 and +6.

I got the +6 SL on my live account! ooo  :o That does knock off some profits but only about 10% of profits from MD last week. Luckily my MD did not have a large SL and only lost $20 with a 0.05 bet. However on my demo account MD was profitable last night with a very small 0.3 pip win (could have been the full TP if MD left it) and the +4 and +6 chart did not trade. This is probably due to a trade already open that has the same magic number.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dlewisfl on January 26, 2010, 02:25:58 PM
i've been saying this and people act like I"m crazy, I don't see the point in running the other time frames, set the standard time to agressive and be done with it, I got no trades on standard time agressive yesterday.  One good trade on -2 time. and two monster losses on +4 and +6.

Who was it that said "just not sure why someone would want to risk making less money"?  Oh yeah ... it was you.  All charts will hit a S/L.  They will also knock out 10+ straight winning trades and you will make more money using them, IMO.  I'm more profitable (since beginning ADT) with multiple charts than just the standard chart, even though an occassional stop loss is hit. 

If you don't see the point in running multiples, don't run multiples.  Coming on here trying to justify your position because a S/L is hit is silly ... especially since you're "not sure why someone would want to risk making less money" when ADT has proven (to me, at least) to make more money.
Title: Re: MegaDroid...
Post by: Tom23824 on January 26, 2010, 02:46:51 PM
Trading MD with ADT. Disastrous day yesterday. 41 and 61 hit SL.
This is the third time 41 hit SL this year alone for me. taking 41 offline. and reducing 61 risk to the lowest.

How is everyone doing with 41/42 and 61/62? I dont see many comments. So I am guessing this SL hit is not hit by not many people. something with my broker(?) >:(
I am with iamfx. Started off well this year but hit large SLs three times. :(
Title: Re: MegaDroid...
Post by: Kaylan on January 26, 2010, 02:50:52 PM
I was hit too last night on 41 and 61.
both hit sl.

I am with Alpari UK.

Just have to accept some bad trades as par for the course.

Overall still well up.


Kaylan 8)
Title: Re: MegaDroid...
Post by: jat41 on January 26, 2010, 02:57:20 PM
I'm with you dlewisfl! People freak out every time a stop loss is hit with ADT, then praise ADT when they get 15 successful trades...

Yes, more SLs are hit with ADT, but more profits! If you don't want to see so many SLs use only the default chart. Then when your balance is 2-3 times lower then those of us who stick with ADT...pls don't complain. :-*

Best advice: try not to baby-sit MD. Let it do its thing. If you need more convincing...look at past trades provided by forward tests from people using ADT. It's clear that even with more SLs, the balance is still moving up progressively. ;)
Title: Re: MegaDroid...
Post by: Tom23824 on January 26, 2010, 03:41:27 PM
I was hit too last night on 41 and 61.
both hit sl.

I am with Alpari UK.

Just have to accept some bad trades as par for the course.

Overall still well up.


Kaylan 8)

okay...one confirmation from a different broker. Have you been hit with SL on 41/42 any this month or just this? I am seeing a trend with 41(three SLs this month).
btw, with trading you have to take both good and bad.  ::)

FYI: Donna disabled FAPT on her live account. not because she freaked out.  ;)
but analyzing and taking a critical look at every EA you run on live account is very healthy for your account :)
Title: Re: MegaDroid...
Post by: jat41 on January 26, 2010, 03:44:36 PM
Tom...this is a Megadroid thread. Nothing about FAPT was mentioned in my commentary. Donna uses ADT. :)
Title: Re: MegaDroid...
Post by: Kaylan on January 26, 2010, 04:23:42 PM

okay...one confirmation from a different broker. Have you been hit with SL on 41/42 any this month or just this? I am seeing a trend with 41(three SLs this month).
btw, with trading you have to take both good and bad.  ::)


17th Dec on 41 hit sl
15th Jan on 41 hit sl
20th Jan on 41 hit sl
26th Jan on 41 hit sl
26th Jan on 61 hit sl

Could be a pattern here

Even with these losses my account balance has grown quicker with ADT than without it.

Kaylan 8)
Title: Re: MegaDroid...
Post by: robl45 on January 26, 2010, 05:04:49 PM
I don't think you are understanding what I said, the point is , the other time frames clearly don't do as well,  it would seem to make more sense to just up the lot size on the timeframe that does well.  I had a stop of 400 and 800 last night on the +4 and +6.  that more than wiped out the profit,  true its only one day, but those were monster losses.  I will watch it some more, but +4 looks like it needs to come out.  My only reason for running the other time frames at this point would be because I couldn't get the trades running higher lot sizes.

i've been saying this and people act like I"m crazy, I don't see the point in running the other time frames, set the standard time to agressive and be done with it, I got no trades on standard time agressive yesterday.  One good trade on -2 time. and two monster losses on +4 and +6.

Who was it that said "just not sure why someone would want to risk making less money"?  Oh yeah ... it was you.  All charts will hit a S/L.  They will also knock out 10+ straight winning trades and you will make more money using them, IMO.  I'm more profitable (since beginning ADT) with multiple charts than just the standard chart, even though an occassional stop loss is hit. 

If you don't see the point in running multiples, don't run multiples.  Coming on here trying to justify your position because a S/L is hit is silly ... especially since you're "not sure why someone would want to risk making less money" when ADT has proven (to me, at least) to make more money.
Title: Re: MegaDroid...
Post by: Tom23824 on January 26, 2010, 05:11:30 PM

okay...one confirmation from a different broker. Have you been hit with SL on 41/42 any this month or just this? I am seeing a trend with 41(three SLs this month).
btw, with trading you have to take both good and bad.  ::)


17th Dec on 41 hit sl
15th Jan on 41 hit sl
20th Jan on 41 hit sl
26th Jan on 41 hit sl
26th Jan on 61 hit sl

Could be a pattern here

Even with these losses my account balance has grown quicker with ADT than without it.

Kaylan 8)

THANKS! for the quick reply. indeed It is a pattern.
41 is the achilles heel to ADT  ;) I will take 41 off on live. But will continue to run 41 on demo to monitor if it stabilizes. :(
Title: Re: MegaDroid...
Post by: pitou on January 26, 2010, 05:48:32 PM
Bad news for me...
I decided to go live last week and after two winning nights, I had the same Huge losses with Alpari and +4 and +6. I even had the recovery losses added. It wiped out half of my account.
I don't know what to do now...
Should I put a stop loss in the robot?
Going out of +4 and +6?
What do you think?
Title: Re: MegaDroid...
Post by: chk56 on January 26, 2010, 06:52:13 PM
Bad news for me...
I decided to go live last week and after two winning nights, I had the same Huge losses with Alpari and +4 and +6. I even had the recovery losses added. It wiped out half of my account.
I don't know what to do now...
Should I put a stop loss in the robot?
Going out of +4 and +6?
What do you think?

From my own experience, Megadroid works safest with default settings, only set 'Recovery mode' to off. I tried ADT and James Mods, and sooner or later several SL hits happen, that will damage your account. Maybe with default settings on only one chart your account grows slower, but it certainly will not be wiped out by an occasional SL hit. Again - this is my personal experience.  ;)
Title: Re: MegaDroid...
Post by: iceman02 on January 26, 2010, 07:34:30 PM
Should i keep med running or shut it off til thrusday?
Title: Re: MegaDroid...
Post by: Tom23824 on January 26, 2010, 08:04:26 PM
Should i keep med running or shut it off til thrusday?
I am going to shut it off after tonight for the week.
Title: MegaDroid - No Trades
Post by: andrewsj80 on January 26, 2010, 08:21:07 PM
I am running MegaDroid with a demo account on Alpari and live account with FXCM, it hasn't made a trade on either since 21st of Jan, just wanted to know if others are getting same?
Title: Re: MegaDroid...
Post by: tlbone on January 26, 2010, 08:28:41 PM
anyone have any trades this week just using default only ?....im going to try it for tonight U.S. time then shutdown for tom then back up for thurs.... ::)
Title: Re: MegaDroid - No Trades
Post by: Trade It Easy on January 26, 2010, 08:31:28 PM
I am running MegaDroid with a demo account on Alpari and live account with FXCM, it hasn't made a trade on either since 21st of Jan, just wanted to know if others are getting same?

Hello,
Do not worry my default MD has not traded since the 21st either. This is completely normal. Some weeks you may get an average of 1 a day and others you may get just one a week or less. The conditions for which default MD will trade is very strict so to limit losses and maximise winning percentage. If you want MD to trade more then I suggest you go to http://www.droidtactics.com/ and use bens advanced setup. I can help you if you like for free I don mind.
Please keep MD posts to the MD thread rather than create a new one.
Heres the link anyway: http://www.donnaforex.com/forum/index.php?topic=1170.420
I do understand your concern though.
Kind Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on January 26, 2010, 08:34:16 PM
anyone have any trades this week just using default only ?....im going to try it for tonight U.S. time then shutdown for tom then back up for thurs.... ::)

Nope no trades since the 21st for me on default. I have one trade open right now on another chart. I am going to leave my md on. If it shows to be a terrible mistake then I shall go back to shutting md down over high impact news periods. Wish me luck lol!
Regards
Autotrader
Title: Re: MegaDroid...
Post by: DamBuster on January 26, 2010, 09:37:21 PM
anyone have any trades this week just using default only ?....im going to try it for tonight U.S. time then shutdown for tom then back up for thurs.... ::)

For me, last trade on default was 21st
Title: Re: MegaDroid...
Post by: dlewisfl on January 26, 2010, 09:58:21 PM
I don't think you are understanding what I said, the point is , the other time frames clearly don't do as well,  it would seem to make more sense to just up the lot size on the timeframe that does well.  I had a stop of 400 and 800 last night on the +4 and +6.  that more than wiped out the profit,  true its only one day, but those were monster losses.  I will watch it some more, but +4 looks like it needs to come out.  My only reason for running the other time frames at this point would be because I couldn't get the trades running higher lot sizes.

I'm understanding you seem confused and don't understand the EA or ADT method, IMO.  In one post you question why one would want to risk missing out on profits, then in the next you wonder why someone trades a method that makes more profits.  You were shown an equity curve that displayed a consistently upsloping line over a 10-year period, won 93% of trades, grew and account 600% with max drawdown of 5% (trading a fixed lot size of 1) and you think it doesn't "make sense" to run it.  I think if you developed an EA that produced such results you would have a hot seller.  ;-)

When a S/L is hit on default, and one will be hit sooner or later, it will be a "monster" loss and take two months, maybe more, to recover (based on trade frequency) if that's the only chart you're trading.  When running multiple charts, if you follow ADT guidelines, the MM risk percentage of all non-standard charts is less than 50% the standard chart, it's recovered faster with assistance from the standard chart.  Therefore, you're SLs on non-standard charts don't hurt as much.

Obviously it's all personal choice how many charts to trade, what MM risk to run at, aggressive on or off, etc. etc.  It helps to understand the method before thinking it's "silly" to use it, IMO.
Title: Re: MegaDroid...
Post by: dlewisfl on January 26, 2010, 09:59:42 PM
Should i keep med running or shut it off til thrusday?
I am going to shut it off after tonight for the week.

Wise choice!
Title: Re: MegaDroid...
Post by: dlewisfl on January 26, 2010, 10:09:07 PM
Bad news for me...
I decided to go live last week and after two winning nights, I had the same Huge losses with Alpari and +4 and +6. I even had the recovery losses added. It wiped out half of my account.
I don't know what to do now...
Should I put a stop loss in the robot?
Going out of +4 and +6?
What do you think?

If two losses wiped out 50% of your account, your risk setting is WAY TOO HIGH.  It's a marathon, not a sprint.
Title: Re: MegaDroid...
Post by: iceman02 on January 27, 2010, 08:02:18 AM
Should i keep med running or shut it off til thrusday?
I am going to shut it off after tonight for the week.
why is that?
Title: Re: MegaDroid...
Post by: Trade It Easy on January 27, 2010, 09:52:25 AM
MD Trades last night
MD was very conservative. Only one trade for a very small win of half a pip and a positive swap.
Did anyone get any other MD trades last night?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: DamBuster on January 27, 2010, 09:59:18 AM
None on default :(
Title: Re: MegaDroid...
Post by: Hansen on January 27, 2010, 10:03:33 AM
None for me on default either.

Mind you, it is better to stay out of a dubious market than to trade at any cost risking a stop loss :D
Title: Re: MegaDroid...
Post by: dlewisfl on January 27, 2010, 12:51:42 PM
MD Trades last night
MD was very conservative. Only one trade for a very small win of half a pip and a positive swap.
Did anyone get any other MD trades last night?
Regards
Autotrader

One trade on -2 chart for me, +1 pip.
Title: Re: MegaDroid...
Post by: jat41 on January 27, 2010, 01:13:14 PM
MD Trades last night
MD was very conservative. Only one trade for a very small win of half a pip and a positive swap.
Did anyone get any other MD trades last night?
Regards
Autotrader

Had two trades: the 1 pip you all had plus a 10 pip win on +4.

Funny my Alpari had only the one, but the two trades were courtesy of my Forex-Metal account.
Title: Re: MegaDroid...
Post by: robl45 on January 27, 2010, 01:32:48 PM
thats all I got as well.

MD Trades last night
MD was very conservative. Only one trade for a very small win of half a pip and a positive swap.
Did anyone get any other MD trades last night?
Regards
Autotrader

One trade on -2 chart for me, +1 pip.
Title: Re: MegaDroid...
Post by: jat41 on January 27, 2010, 06:25:38 PM
Heads up guys...In addition to the FOMC rate decision we have Obama's State of the Union address tonight @ 9 PM EST. Could lead to considerable volatility. I'm staying out.
Title: Re: MegaDroid...
Post by: Kaylan on January 27, 2010, 07:56:12 PM
Yep all switched off

Made the mistake last time of riding the news BIG MISTAKE

Kaylan 8)
Title: Re: MegaDroid...
Post by: bart on January 27, 2010, 08:39:15 PM
What's the GMT time of the news?
Title: Re: MegaDroid...
Post by: iceman02 on January 27, 2010, 08:45:08 PM
Should i turn megadroid off tonight?
Title: Re: MegaDroid...
Post by: forexboon on January 27, 2010, 09:15:00 PM
Hi Donna,

I have spent some time over your Megadroid stats. Is it possible, that you haven't changed your GMT offset values since starting the ADT?

The strange thing is, that you do not have a single trade between 0200 and 0300 Alpari time (means 0100 and 0200 GMT). Megadroid standard time window is between 2100 and 2300 GMT, which means the+4 chart would be trading between 0100 and 0300GMT and that would be 0200 and 0400 Alpari time where you do not have a trade?!?

So the GMT offset valuse should be 0 +6 and +8 during summer time and -1 +5 and +7 at winter time. A friend of mine used the second settings, but got many losses at the "+4" timeframe, whereas you seem to be succesfull, as your "+4" timeframe starts 1 hour late at 0200GMT.

Hope that wasn't too confusing, my English is not the best ;-)

Stefan
Title: Re: MegaDroid...
Post by: dlewisfl on January 27, 2010, 09:35:13 PM
I've got it turned off on live account, demo account -2 chart just took 10 pips in less than a minute.
Title: Re: MegaDroid...
Post by: jat41 on January 27, 2010, 09:45:17 PM
Stefan, I noticed the same thing as well! Seems like she is still on GMT +2 instead of DST hours (GMT+1) used since October. The trading times are one hour ahead of what they should be  :o
Title: Re: MegaDroid...
Post by: Colleen on January 27, 2010, 11:35:33 PM
A very quiet week for Megadroid 1.21 this week after such a BIG LAUNCH last week, eh?

And I'm falling asleep waiting for some action tonite... the movement from earlier today has settled from the FOMC Statement this afternoon... a few bounces on my Eur/Usd MT4 Chart, scored some pips in profit there though luckily!

So nothing to report with my MIG account snoozing along this week...

No trades for me since Thursday, January 21st... in Profit of course... :)

There's tomorrow and then we're looking forward to next Monday again...

Colleen ;)
Title: Re: MegaDroid...
Post by: davidbg on January 27, 2010, 11:37:29 PM

There's tomorrow and then we're looking forward to next Monday again...

Colleen ;)

YEAH!!! I love Mondays now since I started to trade :o)

David
Title: Re: MegaDroid...
Post by: DamBuster on January 28, 2010, 07:35:23 AM
MD will now continue its slumber until February 1st as it does not trade EOM... roll on February and more pips :)
Title: Re: MegaDroid...
Post by: forexforever on January 28, 2010, 11:38:14 AM
hi, i havenet ever used megadroid and i got it free with with evolution. i use alpari do i need to change gmt to +1?

sorry for stupid question, thanks
Title: Re: MegaDroid...
Post by: someguy on January 28, 2010, 11:50:18 AM
hi, i havenet ever used megadroid and i got it free with with evolution. i use alpari do i need to change gmt to +1?

sorry for stupid question, thanks

Yes, or you can just use the default settings which includes automatic adjustment of time offset.
Title: Re: MegaDroid...
Post by: forexforever on January 28, 2010, 12:12:23 PM
hi, i havenet ever used megadroid and i got it free with with evolution. i use alpari do i need to change gmt to +1?

sorry for stupid question, thanks

Yes, or you can just use the default settings which includes automatic adjustment of time offset.

ok, great thanks. i saw in a previous message someone was mentioning -1, +3 and +7 as the time frames, whats that all about?
Title: Re: MegaDroid...
Post by: DamBuster on January 28, 2010, 12:35:07 PM
ADT or Advanced Droid Tactics

Check the forum or ask uncle Google, there is a wealth of info available or go direct to the developer: http://www.droidtactics.com/
Title: Re: MegaDroid...
Post by: bart on January 28, 2010, 02:29:27 PM
In the default time frame MD normally trades not or only one time (with aggressive is false). Now I run it on different time frames (e.g. GMT=12.00-14.00) I get 2 trades. Also in other non-deafult timeframes. Isn't that strange?
Title: Re: MegaDroid...
Post by: dlewisfl on January 28, 2010, 04:47:07 PM
In the default time frame MD normally trades not or only one time (with aggressive is false). Now I run it on different time frames (e.g. GMT=12.00-14.00) I get 2 trades. Also in other non-deafult timeframes. Isn't that strange?

No.  Tthe price action is different in those time frames so the amount it trades will differ.
Title: Re: MegaDroid...
Post by: storx on January 28, 2010, 06:15:21 PM
so, i bought the MD on the last day.. setup on the 26th.. and since then its averaging 17 trades a day... wow.. this thing really loves to trade..
i have it on .20 lot size.. but wow.. is it racking in trades.. sucks.. that some of them are for like .03 cents profit after commission.. but wow.. i am starting to like this program..
Title: Re: MegaDroid...
Post by: jat41 on January 28, 2010, 06:33:02 PM
so, i bought the MD on the last day.. setup on the 26th.. and since then its averaging 17 trades a day... wow.. this thing really loves to trade..
i have it on .20 lot size.. but wow.. is it racking in trades.. sucks.. that some of them are for like .03 cents profit after commission.. but wow.. i am starting to like this program..

Storx congrats... :) 17 trades a day sounds like a lot. How many charts are you set up on?
Title: Re: MegaDroid...
Post by: robl45 on January 28, 2010, 06:33:41 PM
sounds like your setup is wrong.

so, i bought the MD on the last day.. setup on the 26th.. and since then its averaging 17 trades a day... wow.. this thing really loves to trade..
i have it on .20 lot size.. but wow.. is it racking in trades.. sucks.. that some of them are for like .03 cents profit after commission.. but wow.. i am starting to like this program..
Title: Re: MegaDroid...
Post by: trdmny on January 28, 2010, 07:26:19 PM
Sounds like he is not even using megadroid but some other EA. I think he is confused :o

Mark




sounds like your setup is wrong.

so, i bought the MD on the last day.. setup on the 26th.. and since then its averaging 17 trades a day... wow.. this thing really loves to trade..
i have it on .20 lot size.. but wow.. is it racking in trades.. sucks.. that some of them are for like .03 cents profit after commission.. but wow.. i am starting to like this program..
Title: Re: MegaDroid...
Post by: jat41 on January 28, 2010, 08:27:25 PM
Mark you're probably right, or he's got it running 24 hrs.

:D :D :D

So guys, after a lot of soul searching i've decided to abandon the +4 chart for the time being. Looks like way too many SLs in the past few months compared to -2, default, +6.

Any thoughts? Convictions? Would love to hear from you... :)



Title: Re: MegaDroid...
Post by: bart on January 28, 2010, 08:57:02 PM
So guys, after a lot of soul searching i've decided to abandon the +4 chart for the time being. Looks like way too many SLs in the past few months compared to -2, default, +6.
Any thoughts? Convictions? Would love to hear from you... :)
I did some analysing on the results of delsiwfl , and now I'm running the time frames: 9, -7, -9, 5, 7,
-2, 0
Title: Re: MegaDroid...
Post by: robl45 on January 28, 2010, 09:13:51 PM
I agree, I think +4 may be removed from my demo account.  even +6 isn't doing that well.  But +4 will wipe an account out quickly.

Mark you're probably right, or he's got it running 24 hrs.

:D :D :D

So guys, after a lot of soul searching i've decided to abandon the +4 chart for the time being. Looks like way too many SLs in the past few months compared to -2, default, +6.

Any thoughts? Convictions? Would love to hear from you... :)




Title: Re: MegaDroid...
Post by: jat41 on January 28, 2010, 09:27:37 PM
Bart keep us posted on your results! :) Thanks robl45.
Title: Re: MegaDroid...
Post by: Trade It Easy on January 28, 2010, 11:47:36 PM
Just got back from the pub  ;D good times. However did not win the pub quiz booo lol. Checked my trades and MD has opened 3! 2 at the same time on 2 seperate charts and one on another chart about 2 hrs later. Anyone else a least get the buy trade on the default chart? Mine got in at (GMT+2) 23:14 buy: 1.39657. Only wandering as all my charts bar the +6 have opened trades. Never know +6 could open a trade later too. Ill have to find out after my beauty sleep  :D
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on January 29, 2010, 12:03:03 AM
erm well weirdly enough one of my charts hit full TP! wahoo and the other 2 inc. default hit BE point as MD decided they were bad trades. They both made a loss collectively of 0.16 including the positive swap. Anyway that was quick!  :P
Regards
Autotrader
Title: Re: MegaDroid...
Post by: trdmny on January 29, 2010, 12:33:38 AM
I just run the standard MD and it traded for the first time this week..10 pips profit on a
buy signal....It amazes me when I see this trade as the buy signal looked like it was the wrong way to trade as the trend was down, but low and behold it made its 10 pips :D

Good luck all!

Mark E
Title: Re: MegaDroid...
Post by: Colleen on January 29, 2010, 03:24:41 AM
It's a 1 Pip Wonder Tonight for my MIG Live Account with Megadroid 1.21...

At least it was wise enough to find Profit before the Eur/Usd took a Dive on us...

Both Stealth and Aggressive took on trades tonight...

20939913   2010.01.28 22:19   buy   0.10   eurusd   1.39654   1.39235   1.40154   2010.01.29 00:58   1.39655   0.00   0.00   0.03   0.10
20940553   2010.01.28 23:33   buy   0.10   eurusd   1.39612   1.38814   1.40212   2010.01.29 00:56   1.39623   0.00   0.00   0.00   1.10

Profit is Profit I'd say... Lucked out maybe too!

And we get to play with Megadroid 1.21 on Monday, February 1st, 2010...

Colleen ;)
Title: Re: MegaDroid...
Post by: hammy on January 29, 2010, 04:50:04 AM
on standard MD 1.21, I got 2 nice 10 pip buy trades tonight, only trades this week.
Title: Re: MegaDroid...
Post by: dlewisfl on January 29, 2010, 05:42:44 AM
Five winners on ADT: 2 on standard (19 pips), 2 on +4 (6 pips) and 1 on +6 (10 pips).  Have an open +6 trade currently break even.  Demo account on forex.com UK.
Title: Re: MegaDroid...
Post by: Hansen on January 29, 2010, 07:48:01 AM
those 19 pips on standard... How did you get those? Is that due to running both S1 and S2 strategies?

Thanks.

Hansen
Title: Re: MegaDroid...
Post by: bart on January 29, 2010, 10:09:26 AM
Five winners on ADT: 2 on standard (19 pips), 2 on +4 (6 pips) and 1 on +6 (10 pips).  Have an open +6 trade currently break even.  Demo account on forex.com UK.

Do you also trade on Friday (e.g. the -8?)?
Or do you quit after the +6 of Thursday night?

Thanks!
Bart
Title: Re: MegaDroid...
Post by: Trade It Easy on January 29, 2010, 10:12:31 AM
Five winners on ADT: 2 on standard (19 pips), 2 on +4 (6 pips) and 1 on +6 (10 pips).  Have an open +6 trade currently break even.  Demo account on forex.com UK.
dlewisfl are you running MD live atall? If not how come?
I didnt get the same trades however I did get full TP, 2 BE, 1 half win and 1 v.small win.
All 4 charts traded bringing in +14.5 pips in total. An ok evening for MD.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: art on January 29, 2010, 12:08:57 PM
hi there new here it seems people are having the same problems as me ie droid not trading i purchased it last week loaded it last sunday 24th,had two trades last night the 28th, on one platform, and 1trade on the other using two different brokers on a demo,sent screen shot to support as requested waiting for an answer,settings all correct they are the default settings,the only thing i have changed is s1 and s2 reference as per instruction manual anyone have any answers thanks
Title: Re: MegaDroid...
Post by: dlewisfl on January 29, 2010, 12:49:20 PM
those 19 pips on standard... How did you get those? Is that due to running both S1 and S2 strategies?

Thanks.

Hansen

No, nt running aggressive mode.  It just took two trades last night, one at 21:19GMT (closed at 21:32) and one at 21:44 (closed at 21:48).  Rare to see two trades on that chart.
Title: Re: MegaDroid...
Post by: dlewisfl on January 29, 2010, 12:52:58 PM
Do you also trade on Friday (e.g. the -8?)?
Or do you quit after the +6 of Thursday night?

Thanks!
Bart

My demo account trades 24 hours a day so it will trade Friday mornings.
Title: Re: MegaDroid...
Post by: dlewisfl on January 29, 2010, 12:55:15 PM
dlewisfl are you running MD live atall? If not how come?

Yes, I run it live but shut it down week of FOMC.  So I missed last night's pips ... but also missed a S/L Wednesday night which would have left me down pips since the FOMC.  I'll be starting it up again next Monday.
Title: Re: MegaDroid...
Post by: bart on January 29, 2010, 01:11:28 PM
Do you also trade on Friday (e.g. the -8?)?
Or do you quit after the +6 of Thursday night?

Thanks!
Bart

My demo account trades 24 hours a day so it will trade Friday mornings.

Ehhh... what's Friday mornings? Are you in the US? I'm in Belgium :)
What's the last time frame that you use on Friday and the first you use on Sunday/Monday? (GMT?)

Thanks, and a great weekend!

Title: Re: MegaDroid...
Post by: jat41 on January 29, 2010, 02:22:50 PM
ADT results 11/16/09-1/29/10
Aggressive=False

-2

24 Trades| 21 W | 2 L | 1 BE - Total pips = 110

Default

13 Trades| 12 W | 0 L | 1 BE - Total pips = 78

+4

32 Trades| 26 W | 5 L | 1 BE - Total Pips = -58

+6

26 Trades| 24 W | 1 L | 1 BE - Total Pips = 91

Hope this helps :)

Best
Title: Re: MegaDroid...
Post by: dlewisfl on January 29, 2010, 02:26:53 PM
Ehhh... what's Friday mornings? Are you in the US? I'm in Belgium :)
What's the last time frame that you use on Friday and the first you use on Sunday/Monday? (GMT?)

Thanks, and a great weekend!

The last chart that trades Friday is the +12 (9:00AM - 11:00AM GMT).  I don't get any Sunday trades with my setup, first chart I've seen trade on a Monday is the -10 (11:00AM - 13:00AM GMT).  Here's the link to the MT4 stats for my demo running 12 charts in 2-hour intervals:

http://md245.mt4live.com/
Title: Re: MegaDroid...
Post by: art on January 29, 2010, 02:51:19 PM
i looked through donnas stats this week and she seems to get a lot of trades,i have had just two do i need to adjust settings thanks
Title: Re: MegaDroid...
Post by: trdmny on January 29, 2010, 03:25:47 PM
Art, are you running the standard 1.21 or are you running the ADT? alot of people are running ADT which is different from the standard version.

I myself just run the standard version and only had 1 trade this week.

Good Luck

Mark E


i looked through donnas stats this week and she seems to get a lot of trades,i have had just two do i need to adjust settings thanks
Title: Re: MegaDroid...
Post by: Colleen on January 29, 2010, 03:40:49 PM
Hello Mark,

1 trade this week for me too with Megadroid 1.21

MIG LIVE - in Profit too albeit it small... 1 pip profit!

Profit is Profit though!! :)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: art on January 29, 2010, 03:46:02 PM
i am running standard version what is adt? also what are these -2 -4 etc etc mean
Title: Re: MegaDroid...
Post by: DamBuster on January 29, 2010, 03:51:18 PM
art, please take the time to read back over this thread as the answers are all there

Sorry, but it gets tiresome when the same question gets asked over and over again while the answer can be found simply by taking the time to DYOR
Title: Re: MegaDroid...
Post by: dlewisfl on January 29, 2010, 04:29:36 PM
i am running standard version what is adt? also what are these -2 -4 etc etc mean

ADT is a method of using MD where you load it on multiple charts with different GMT offsets so you get more trades.  The method also calls for adjusting risk setting for each chart based on a desired drawdown %, those settings are provided by the ADT creator.

The -2 -4 etc etc are different instances of MD specifying how many hours difference the EA runs compared to the "standard" MD trading times of 21:00 - 23:00 GMT.  e.g. -2 means you've manually set your GMTOffset so MD trades 19:00 - 21:00 GMT.
Title: Re: MegaDroid...
Post by: DamBuster on January 29, 2010, 04:37:32 PM
dlewisfl, Gawd bless your patience :)
Title: Re: MegaDroid...
Post by: trdmny on January 29, 2010, 04:44:41 PM
Hi Colleen, I hear you on the profit thing, seems hard to come by these days...I am live with
FXDD and my one trade this week did take a 10 pip profit so I am very happy with that :D

Its funny how you get such different profits with different brokers..

Good Luck!

Mark E


Hello Mark,

1 trade this week for me too with Megadroid 1.21

MIG LIVE - in Profit too albeit it small... 1 pip profit!

Profit is Profit though!! :)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: michael on January 29, 2010, 07:22:01 PM
I am live with FXDD and my one trade this week did take a 10 pip profit so I am very happy with that :D
Hi Mark,

I am also with FXDD and had the same 10-pip profit trade yesterday.  I have Aggressive set to false and RecoveryMode to true.  How about you?

Michael
Title: Re: MegaDroid...
Post by: trdmny on January 29, 2010, 09:09:02 PM

My setting are just reversed from yours. I have aggressive true and recovery to false. What I am trying to figure out is why some got 2 trades. I guess I need to get the manual out and see what the S1 and S2 thing is.

Happy Trading!

Mark

I am live with FXDD and my one trade this week did take a 10 pip profit so I am very happy with that :D
Hi Mark,

I am also with FXDD and had the same 10-pip profit trade yesterday.  I have Aggressive set to false and RecoveryMode to true.  How about you?

Michael
Title: Re: MegaDroid...
Post by: tlbone on January 29, 2010, 09:12:24 PM
dlewisfl....... i like the way droid is trading but i shudder each time it gets that reoccuring stop loss that seems to sometimes take out most of the profit that it spent laboring for ....everytime i go back and look at the trades i keep thinking there is an answer in there somewhere.....a person can only juggle the times around so many times then start questioning his outcome and end up pulling out again....ive been keeping up with your trades and studying over your times and just when i think ive eliminated the bad time trading it seems to get hit in the good trading zone...looks more like long trading and the total average at the end no matter how big the drawdown or stoploss its the outcome at the end that matters...but its a heck of a psychological swing getting there...
Title: Re: MegaDroid...
Post by: Colleen on January 29, 2010, 09:22:26 PM
Hello Mark,

Broker Variance does occur... Funny, I used to run with FXDD and FXCM/US - these differed at times too - FXCM variable pops over 3 quite often thus not getting as many trades as my FXDD used to... And then I moved over to Forex.com/UK and that was pretty good trading the Droid, and now I am left with this MIG account to trade with here and the Swiss Spreads sometimes vary enough to enter and exit at different times from the rest of the brokers being used by traders... Lucky me, eh?

Anyhow, so far so good with MIG, except my 1 Pip wonder last night... JEALOUSY but it was in PROFIT!

I too have my MIG set up for Stealth and Aggressive and I'm just playing this account like this... .1 for now and we'll see if I can get the courage up to .2 maybe... we shall see...

So have a GREAT WEEKEND! And we'll dabble again Monday, February 1st, 2010!

Colleen ;)


Hi Colleen, I hear you on the profit thing, seems hard to come by these days...I am live with
FXDD and my one trade this week did take a 10 pip profit so I am very happy with that :D

Its funny how you get such different profits with different brokers..

Good Luck!

Mark E


Hello Mark,

1 trade this week for me too with Megadroid 1.21

MIG LIVE - in Profit too albeit it small... 1 pip profit!

Profit is Profit though!! :)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: LMStuff on January 29, 2010, 11:14:32 PM
I have MD running on FXCBS and Tadawul Live and this last trade that happened overnight exited very close a breakeven on FXBS for a .3 pip profit and the Tadawul MD trade stopped out.  I examined it closely and it was exactly 2 pips in the money on Tadawul  but Tadwul is 4 digit and has a fixed three pip spread.   I always get trades there on MD due to the fixed spread and it takes profit nicely when its in the money.    But this time spreads came into play and I got bit!   I was thinking of moving the Tadawul acct. to maybe to IamFX.com or Forex.com Pro (10k to start).  Overall the all the a Tadawul acct has been trading good so far.  But this is definitely a downside.   I would rather have paid comm. on this one and exited out with a breakeven.

Title: Re: MegaDroid...
Post by: Colleen on January 30, 2010, 12:11:30 AM
Hello LMStuff,

Perhaps news that Tadawul-FX is now part of The Aslan Group Rebate Plan might make you want to keep the broker that thus far as performed well with Megadroid... something to think about...

If you are interested in staying with them, you might want to check out the thread at http://www.donnaforex.com/forum/index.php?topic=1913.0  They will accept new and existing clients on a case-by-case basis... and FXDD is now part of the family too - they accept new clients only though... hubby left FXDD and just opened a new account again in time for signing up with the Rebate Plan...

Thought you might want to stick with Tadawul since it has performed well so far with Megadroid and now that it's moving up into making extra rebate moneys which may offset commission costs for you, you might want to stay...

Just a suggestion...

That's part of the reason I'm sticking with my MIG account (Swiss spreads looked good to us)... usually it's good with the spreads to trade my programs, even Megadroid but I'll have to see over the next little while with it... I only just started up trading Live again since the Winter Holidays so we shall see...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Fulltime247 on January 30, 2010, 03:20:33 AM
MIG has the worst execution and highest requote rate I've ever seen. Good Luck with that...
Title: Re: MegaDroid...
Post by: Colleen on January 30, 2010, 04:20:29 AM
Hello Fulltime 24/7,

We've been working with this MIG account and had another ea on it and did some manual trading and things went well - there was the odd offquote I do admit - day trading though so it wasn't during the Asian timeframe, more liquidity at the NY Open...

We adjusted the Maximum Deviation from quoted price set to a Maximum Deviation of 3 pips. A trick we learned from FXCM/UK powered by BT - we had 6 months of fun figuring out execution and offquotes with that brokerage... had to leave them and went to a nice Swiss MIG account...  

And the execution and requotes are still better than the FXCM/UK powered by BT platform I had and had to leave out of sheer frustration with that platform (not to mention some eas are not compatible with the MT4 BT Platform and need to be configured by the broker) and I had twice the fun... 2 accounts with FXCM/UK BT... yet some folks love their FXCM/UK BT accounts so for me, MIG is a nice Swiss Broker in comparison so far so good... but I'll keep in mind what you're saying and see how it goes... should be interesting to see how Megadroid performs here... I do remember clunking along with Megadroid with my FXCM/US account too last Spring as the spreads popped over the 3 quite often not allowing the bot to enter into a trade at times... Broker Variation at it's best...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: ingonicole on January 30, 2010, 12:54:11 PM
i am on Forex.com with my live account and also with a demo account.
I run MD with ADT on my live account and James ModB on my demo.

Thursday night i got 2 winners on my demo - but if i hadn't closed the second trade on m live account it would have been a SL  >:(

is there such a big difference between demo and live on forex.com?
Title: Re: MegaDroid...
Post by: forexforever on January 30, 2010, 04:48:14 PM
ADT results 11/16/09-1/29/10
Aggressive=False

-2

24 Trades| 21 W | 2 L | 1 BE - Total pips = 110

Default

13 Trades| 12 W | 0 L | 1 BE - Total pips = 78

+4

32 Trades| 26 W | 5 L | 1 BE - Total Pips = -58

+6

26 Trades| 24 W | 1 L | 1 BE - Total Pips = 91

Hope this helps :)

Best

hi Jat,

thanks for your results, megadroid has done a good job for you. i have just started it thursday on muliple charts so lets see how it ges. how come you u have agressive set to false?
Title: Re: MegaDroid...
Post by: tlbone on January 30, 2010, 06:20:48 PM
so lets get these trading times right hopefully:
-10:11-13
  -8:13-15
  -6:15-17
  -4:17-19
  -2:19-21
Default:21-23
  +2:23-1
  +4:  1-3
  +6:  3-5
  +8:  5-7
+10:  7-9
+12:  9-11

anyone able to sort out either dlewisfl's account or their own by the time would be a big help here....trying to look at how many good and bad trades have been taken in each time frame for his account for the past 2mos and graph it similar to jat41's post....and i have been trying to get my eyeballs out of a knot since....dont think mt4stats page has a sort feature by time or not....
Wonder how the day session would fair if increased the t/p using the "adt tp" version....during reg hours tho leave it to default size since candles are so small...it seems to struggle just to get 10 pips ....
Title: Re: MegaDroid...
Post by: LMStuff on January 30, 2010, 06:31:36 PM
Hello LMStuff,

Perhaps news that Tadawul-FX is now part of The Aslan Group Rebate Plan might make you want to keep the broker that thus far as performed well with Megadroid... something to think about...

If you are interested in staying with them, you might want to check out the thread at http://www.donnaforex.com/forum/index.php?topic=1913.0  They will accept new and existing clients on a case-by-case basis... and FXDD is now part of the family too - they accept new clients only though... hubby left FXDD and just opened a new account again in time for signing up with the Rebate Plan...

Thought you might want to stick with Tadawul since it has performed well so far with Megadroid and now that it's moving up into making extra rebate moneys which may offset commission costs for you, you might want to stay...

Just a suggestion...

That's part of the reason I'm sticking with my MIG account (Swiss spreads looked good to us)... usually it's good with the spreads to trade my programs, even Megadroid but I'll have to see over the next little while with it... I only just started up trading Live again since the Winter Holidays so we shall see...

Cheers,

Colleen ;)

Thank Colleen.

FXDD and MIG are not on my list of potential broker for various reasons.

I have been getting rebates through CashbackForex on Tadawul.  But Hitting a SL might take 2 months or more of rebates to cover it!   I will stick with Tadawul for now and see how it goes,  Hopefully I can hit 10k in the next month or two and get the 2 pip spread for accounts over 10k, that might make up that spread difference and make trade much better.  We will see how it trades then.

I did have another live position open on Tadawul on another custom ea that was 80 + pips the in profit yesterday morning I have it set to TP at 120  but didn't think it would make it there and it was Friday Morning here (US PST time, 4x market closes within 6 hours or so).   I went to manually close it and was off quoted twice before getting a market fill.   Now this was EURUSD while the US markets were open, liquidity was up so this did not give me a warm feeling.  But I still closed the position and took a nice profit.  Next time I get in this scenario I will try to do a 10 pip trail or use one a trade manager on it to work the trade in between the TP and see what it does.    Since its live I like to save and make all the pips I can!

Thanks again,

LMStuff

Title: Re: MegaDroid...
Post by: jat41 on January 30, 2010, 08:11:44 PM
Hey forexforever, thanks. I set aggressive to false mainly to keep MD conservative during non-default trading times - hoping to avoid risky trades. I'm sure MD does just fine with aggressive, and I hope someone will post their results showing as much during ADT times.

That being said, I have just changed my default chart to aggressive=true, and have removed the +4 chart altogether.  As you can see +4 has show itself a very risky time to trade.

tlbone - I have tried to decipher dlewisfl's times but it is quite a task. I remember him saying that at the end of February he'll go back and post the stats. Check out his post#352, page 24.

Best -
Title: Re: MegaDroid...
Post by: tlbone on January 30, 2010, 09:09:42 PM
thought i would run all the times through but setting default and -2 to my normal .5 risk setting and the rest at .05 until see how there doing....is why i wanting to find out the biggest s/l hitters so i can lower those down to .01 to keep s/l at a min.....this way i can watch at a safe setting until i learn more about adt.....

other senerio is to run backtest on all times and save a report for each time.....would give some kind of idea for past 2mos using existing historic data.....then could sort using its time tab in the backtesting screen before printing report.....wouldnt think would be too far off...so this is what the tester came up with....wondering if those with different brokers would have different results in backtesting....the -10,-6,+4,+8 resulted total loss in profits...and some of the loss was far more than the profit total....you would have to weigh the percentages....alpari U.S.....using last 2month time period...

the results would be different using a longer time period and possibly would take those of a total loss into profit areas....maybee somebody else can add results for further testing periods....i am disappointed in just how much is lost s/l and only a small percentage is actual profit...there are lots of trades but the s/l takes most of the actual profits....seems to be roughly 75% in s/l for ea that ive tested....we could take those s/l and look through forexfactory for market conditions which may have occurred during those time periods and see if it would have done us any good to have shut down at those times....surely can trim off some of that loss....

               WON|LOST
       Normal            Aggressive          
default:11|0               25|2
     -10:30|3               53|6
       -8:47|8               61|8
       -6:43|5               57|7
       -4:30|3               44|5
       -2:26|0               40|2
      +2:34|3               48|5
      +4:31|4               45|6
      +6:23|2               37|4
      +8:32|5               46|7
    +10:71|7              103|9
    +12:79|11            100|14      

Title: Re: MegaDroid...
Post by: forexforever on January 31, 2010, 03:53:15 PM
i have never been able to buy ADT since it never seems to be available for sale when i want to buy it, like right now, so i am not 100% sure his idea but the general idea i had was you run additional charts. so i decided to run some backtests myself to see how the other charts performed, i tested on alpari and therefore default is 1 not 0. also something i thought is that i know most people only do charts of 2 hrs either way so that the hours are covered but the second hour of every time frame is disadvantaged as it might produce better results if trades that were opened in the first hour stopp better opportunity trades in the second hour.

hrs      -8       -7        -6          -5          -4       -3        -2        -1          0
2009 -5000    -5000    -5974    -5000    1719    -4766    -2749    7285    6067
2008                                13(-1)      7653 (0)      


hrs       1         2           3          4          5             6           7           8
2009   12165    133    -4832     -3000     3500     7907      9860       10000
2008   12165 (1)            -7400(5)   6535 (6)    10934(7)    3219 (8h)


so what i found was that charts for 0, 1 (default) 6 and 7 performaed both 09 and 08, while a couple of other perfromed either better 09 or 08.

let me know your thoughts about my testing. also i saw someone write about increasing the TP level and trying it out during the day, let me know how that works and i can run some tests if you like on that too.
Title: Re: MegaDroid...
Post by: jat41 on January 31, 2010, 04:02:30 PM
Tlbone - Thanks for the results, very informative :)

Do you also have the results in terms of total PIPS gained/lost for each chart?

It looks like setting Aggressive to true might indeed be a viable option (?) The numbers would surely shed light on the situation.

Best
Title: Re: MegaDroid...
Post by: tlbone on January 31, 2010, 05:04:51 PM
unfortunately the mt4 strategy doesnt include a pips column so havent found an easy way to include that option....1yr backtest...$7k
             BACKTEST PROFIT
      Risk|Total|Gross|Loss|Loss%
(.1)Default:  1755|  4910|  3154|75
            -2:  2623|11072|  8448|75
(.2)Default:  3706|11438|  7732|75
            -2:  5445|25642|20197|79
(.5)Default:  9987|43515|33527|75
            -2:10751|80421|69669|80
Title: Re: MegaDroid...
Post by: jat41 on January 31, 2010, 06:25:48 PM
Thanks tlbone :)

What I do for mt4 is just keep the lot size a constant 0.1 for the test. Basically, what ever number you are left with is the number of pips you've earned since each pip=$1.00. (The case for eur/usd)

best
Title: Re: MegaDroid...
Post by: dlewisfl on January 31, 2010, 08:27:41 PM
something i thought is that i know most people only do charts of 2 hrs either way so that the hours are covered but the second hour of every time frame is disadvantaged as it might produce better results if trades that were opened in the first hour stopp better opportunity trades in the second hour.

let me know your thoughts about my testing. also i saw someone write about increasing the TP level and trying it out during the day, let me know how that works and i can run some tests if you like on that too.

One thing to be aware of if running multiple charts with an offset difference of 1 is that both charts could enter trades at the same time in the 1 hour period they overlap.  Multiple trades GOOD when they win, multiple trades VERY BAD when they lose.   ;)
Title: Re: MegaDroid...
Post by: dkmillion on January 31, 2010, 08:28:55 PM
I think it is the best to publish it on mt4i.com, it will show the pips on their stats.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 01, 2010, 08:57:05 AM
Had an MD trade that stayed open over the weekend. It just instantly closed as soon as the markets opened. Even though if it stayed open it would have hit TP instead of a small loss. From now on I shall be closing my + charts down on friday morning to stop them from trading.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: DamBuster on February 01, 2010, 09:21:35 AM
Autotrader, MD normally closes trades 12 hours after opening them regardless of where the pricxe is!

So, if you are not happy letting this happen you need to disable MD just before the 12 hours are up and take the trade over manualy
Title: Re: MegaDroid...
Post by: dkmillion on February 01, 2010, 12:53:19 PM
Can somebody tell me what the hard stop of MD is?
I also would like to know where I can get some history data for my backtests.  I am struggling to download enough history, I only get like 5 month's history?
Title: Re: MegaDroid...
Post by: hammy on February 01, 2010, 01:50:40 PM
Can somebody tell me what the hard stop of MD is?
I also would like to know where I can get some history data for my backtests.  I am struggling to download enough history, I only get like 5 month's history?

I only know that the original MD had SL= 65 pips. I'm not sure if this has been modified on the MegaDroid 1.21 version ??  It seems to close trades with smaller losses now rather than run to the old SL setting ?
Title: Re: MegaDroid...
Post by: erwal on February 01, 2010, 02:01:38 PM
Can somebody tell me what the hard stop of MD is?

Dkmillion, I'm sure I read somewhere that the stop loss is the low of yesterday's range.
Title: Re: MegaDroid...
Post by: bart on February 01, 2010, 02:15:24 PM
Unless it has changed recently, For S1 the SL is the lowest (or highest) point of the last 24 hours, for S2 (aggressive) the SL is the lowest (or highest) of the last 3 hours (I think). Maybe 65 is  maximum SL
Title: Re: MegaDroid...
Post by: robl45 on February 01, 2010, 02:56:31 PM
im only running megadroid now, fapturbo was a disaster, running default +6 and -2 charts.  default on agressive.
Title: Re: MegaDroid...
Post by: dkmillion on February 01, 2010, 07:44:40 PM
Thanks Bart, Erwal!
Title: Re: MegaDroid...
Post by: Colleen on February 01, 2010, 11:02:12 PM
Hello Folks!

Megadroid 1.21 Magic tonite on my MIG Live Account...

Lucky Spike Down found Profitable Pips!

20988392   2010.02.01 23:39   buy   0.10   eurusd   1.39188   1.38511   1.39688   2010.02.01 23:39   1.39288   0.00   0.00   0.00   10.00

Colleen ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on February 02, 2010, 12:07:18 AM
Hello Folks!

Megadroid Magic tonite on my MIG Live Account...

Lucky Spike Down found Profitable Pips!

20988392   2010.02.01 23:39   buy   0.10   eurusd   1.39188   1.38511   1.39688   2010.02.01 23:39   1.39288   0.00   0.00   0.00   10.00

Colleen ;)

I too had this nice little trade. 10 pips for moi
Autotrader
Title: Re: MegaDroid...
Post by: Colleen on February 02, 2010, 02:02:19 AM
Bon soir Autotrader,

C'est tres bien pour vous!

Est En anglais,

And in English,

Good Evening Autotrader,

That's very good for you!

And that's all the French I know... lol ;)

Anybody else get a trade tonite with Megadroid 1.21?

Colleen ;)
Title: Re: MegaDroid...
Post by: nowan on February 02, 2010, 06:05:38 AM
i got these trades. 0.01 lots are trades at non default timeframes.
Code: [Select]
2010.02.01 23:38 buy 0.03 eurusdgfx5 1.39197 1.38507 1.39660 2010.02.01 23:42 1.39299 0.00 0.00 0.00 10 3.06
2010.02.02 02:19 buy 0.01 eurusdgfx5 1.39110 1.38578 1.39610 2010.02.02 04:18 1.39141 0.00 0.00 0.00 3 0.31
2010.02.02 04:30 buy 0.01 eurusdgfx5 1.38974 1.38551 1.39496 2010.02.02 05:55 1.39082 0.00 0.00 0.00 11 1.08
2010.02.02 05:58 sell 0.01 eurusdgfx5 1.39233 1.39669 1.38739 2010.02.02 06:01 1.39133 0.00 0.00 0.00 10 1.00
Title: Re: MegaDroid...
Post by: Trade It Easy on February 02, 2010, 08:40:05 AM
Ok I got an SL last night on the +6 chart. It was strange too as +6 got one full TP and then quickly opened another trade which hit full SL. Did anyone else experience this?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: someguy on February 02, 2010, 08:55:01 AM
Ok I got an SL last night on the +6 chart. I was strange too as +6 got one full TP and then quickly opened another trade which hit full SL. Did anyone else experience this?
Regards
Autotrader

No, not quite. My Forex.com/UK account traded twice on +6 and hit TP both times very quickly. My JadeFX account traded twice, hit TP quickly on the first one and the second one is still lingering (now at -10 pips) and my Alpari UK account didn't trade at all on +6. Strange :)

Update: Forgot to say that I use Aggressive==false.

Update2: The lingering trade hit SL now :(
Title: Re: MegaDroid...
Post by: michael on February 02, 2010, 08:58:09 AM
Ok I got an SL last night on the +6 chart. I was strange too as +6 got one full TP and then quickly opened another trade which hit full SL. Did anyone else experience this?
I did, on FXDD chart.  It was my first day of using the ADT in live trading!
Title: Re: MegaDroid...
Post by: michael on February 02, 2010, 09:04:46 AM
My JadeFX account traded twice, hit TP quickly on the first one and the second one is still lingering (now at -10 pips) and my Alpari UK account didn't trade at all on +6. Strange :)
Would you please tell us about your experience with JadeFX?  Are you using MD (or any other scalpers) with JadeFX live account?  I hear that some traders are raising concerns on slippage problems with JadeFX live accounts.
Title: Re: MegaDroid...
Post by: someguy on February 02, 2010, 10:04:42 AM
My JadeFX account traded twice, hit TP quickly on the first one and the second one is still lingering (now at -10 pips) and my Alpari UK account didn't trade at all on +6. Strange :)
Would you please tell us about your experience with JadeFX?  Are you using MD (or any other scalpers) with JadeFX live account?  I hear that some traders are raising concerns on slippage problems with JadeFX live accounts.

Yeah, I use several scalpers there. Been great, but I have had problems with execution last week. Had quite a few orders not executed (timed out after 3 minutes) and two not able to close (also timed out after 3 minutes). They closed for small losses later instead of full TPs (that was Forex Shocker).
Title: Re: MegaDroid...
Post by: Kaylan on February 02, 2010, 12:02:39 PM
Ok I got an SL last night on the +6 chart. It was strange too as +6 got one full TP and then quickly opened another trade which hit full SL. Did anyone else experience this?
Regards
Autotrader

Yes I had two trades on +6 first a buy for 10 pips profit  the second a sell I closed manually for -25 pip loss as I did not like the looks of it.

Kaylan 8)
Title: Re: MegaDroid...
Post by: lduber on February 02, 2010, 12:18:33 PM
ARRRGh! Same thing with me:  SL on plus 6 chart.  Is there anyway to avoid these pesky SLs?
Title: Re: MegaDroid...
Post by: Kaylan on February 02, 2010, 12:21:23 PM
ARRRGh! Same thing with me:  SL on plus 6 chart.  Is there anyway to avoid these pesky SLs?

Yes,................ Switch off your computer. ;D

Kaylan 8)
Title: Re: MegaDroid...
Post by: art on February 02, 2010, 12:42:05 PM
its good to see some trading going on,i have been running droid now for nearly two weeks,and had two trades, not very impressive using default settings,how can i get adt settings?
Title: Re: MegaDroid...
Post by: robl45 on February 02, 2010, 02:13:23 PM
set it to agreesive =true or find a new broker, it doesn't trade that much, but you definately should have more trades.
Title: Re: MegaDroid...
Post by: art on February 02, 2010, 02:34:06 PM
i have it set to aggresive,also i'm with fxcm which is considered ok broker,but i will try it on another platform
Title: Re: MegaDroid...
Post by: bart on February 02, 2010, 03:37:06 PM
Got the SL as well on +6, but now I have already recovered from it :)
Title: Re: MegaDroid...
Post by: robl45 on February 02, 2010, 07:34:14 PM
if you switch from agressive true to agressive false while trades are on, will it stop managing the trades?

reason I ask is I mistakenly left one of the non default charts on agressive true when I set it up and then put it to false.  it had opened up 2 trades, one did its profit thing and the other was at a loss, then that one went to 50 dollars profit on .14 contracts and this morning, it was -50 and probably going to end up stopping out for like -100 which sucks,  megadroid seems to have completely forgotten the trade and its just stuck on whatever stoploss and take profit were put in for it.
Title: Re: MegaDroid...
Post by: iceman02 on February 03, 2010, 02:30:25 PM
what the hell i hit another stoploss. 2 sl's in one week? ru freakin kiddin me?
Title: Re: MegaDroid...
Post by: robl45 on February 03, 2010, 04:01:32 PM
what the hell i hit another stoploss. 2 sl's in one week? ru freakin kiddin me?

which timeframe?
Title: Re: MegaDroid...
Post by: iceman02 on February 03, 2010, 04:04:04 PM
what the hell i hit another stoploss. 2 sl's in one week? ru freakin kiddin me?

which timeframe?
not sure, how do i look it up?
Title: Re: MegaDroid...
Post by: forexforever on February 03, 2010, 04:40:46 PM
hi guys,

 there is noy way to adjust the SL or TP in megadroid right?
Title: Re: MegaDroid...
Post by: Tom23824 on February 03, 2010, 04:52:36 PM
Ok I got an SL last night on the +6 chart. It was strange too as +6 got one full TP and then quickly opened another trade which hit full SL. Did anyone else experience this?
Regards
Autotrader
I got hit too.  >:(
I am with iamfx. Since I started with iamfx this year, getting hit with the SLs frequently. Ofcourse, its not solely on the broker. But not having  happy time trading with iamfx.  :-[
Last year I was with fxpro and had great fun trading. I miss fxpro. I will open a demo account with fxcm and see how it goes there. Anybody has any comments on fxcm-uk?
I am running FAPT and MD-ADT on live iamfx account and the funds have nothing but been depleting.  :-\
Title: Re: MegaDroid...
Post by: aicohn on February 03, 2010, 05:09:12 PM
Donnaforex abandoned fapturbo on her live accounts recently & megadroid has been tough sledding lately at any broker.  Hopefully just a speed bump for MD, but with donna going thumbs down on FT, that may be it.

I was unhappy with fxcm.  In their regular accounts I could never get anything done... lots of "off quotes" & plenty of orders just hanging. With their "active trader" I got hit with major slippage.  FXCM isn't the answer.
Title: Re: MegaDroid...
Post by: dlewisfl on February 03, 2010, 05:50:53 PM
hi guys,

 there is noy way to adjust the SL or TP in megadroid right?

No, you only control risk/MM.
Title: Re: MegaDroid...
Post by: robl45 on February 03, 2010, 06:35:50 PM
I am running 0 -2 and +6 at the collective,  all profitable trades yesterday.  one negative trade, but that was my own fault because I shouldn't have switched megadroid from agressive to non agressive with trades open, it just forgot about the trade.
Title: Re: MegaDroid...
Post by: trdmny on February 03, 2010, 06:36:49 PM
Well if you are talking about the standard MD 1.21, thats what I trade on FXDD and my trade
yesterday was for a 1 pip profit....Not sure why it closed the trade when it did because it was the
very next candle and if it would have waited it would have picked up more pips..

Happy Tading all!

Mark
Title: Re: MegaDroid...
Post by: robl45 on February 03, 2010, 09:13:38 PM
i got one or two 1 pip trades.  those are still a profit.

Well if you are talking about the standard MD 1.21, thats what I trade on FXDD and my trade
yesterday was for a 1 pip profit....Not sure why it closed the trade when it did because it was the
very next candle and if it would have waited it would have picked up more pips..

Happy Tading all!

Mark
Title: Re: MegaDroid...
Post by: Colleen on February 04, 2010, 04:09:27 AM
Hi Folks,

MIG scored 2 winning trades this week... including a small profit Tuesday night...

30277691   2010.02.02 23:29   sell   0.10   eurusd   1.39697   1.40102   1.39097   2010.02.03 01:06   1.39694   0.00   0.00   0.00   0.30

21029996   2010.02.03 22:45   buy   0.10   eurusd   1.38890   1.38470   1.39390   2010.02.03 23:59   1.38973   0.00   0.00   0.00   8.30

But Profit is Profit here! ;)

Colleen ;)
Title: Re: MegaDroid...
Post by: keviboy on February 04, 2010, 05:49:06 AM
Hi all ,had 2 trades last two days and in profit....first day my lot size was smalll and 1 pip win.....second day made it to .03 and 8 pip win.This is my forex.com account default time.Also had 3 trades in my IBFX default time....Cheers....

11350092   2010.02.03 21:45   buy   0.03   eurusdfxf   1.3888   1.3846   1.3938   2010.02.03 22:58   1.3896   0.00   0.00   0.06   2.40

11306642   2010.02.02 22:33   sell   0.01   eurusdfxf   1.3971   1.4015   1.3911   2010.02.03 00:20   1.3970   0.00   0.00   0.00   0.10
Title: Re: MegaDroid...
Post by: Trade It Easy on February 04, 2010, 12:02:59 PM
2 trades for me last night. One on default for +7 pips and the other for 7 pips on one of my other charts. 14 pips in total. Not a bad night especially considering the relatively quiet week MD has had.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: hammy on February 04, 2010, 01:57:35 PM
same 2 trades as 'keviboy' ... 1 pip and 8 pips ,, better than a stick in the eye .. ;D
Title: Re: MegaDroid...
Post by: dlewisfl on February 04, 2010, 08:17:57 PM
same 2 trades as 'keviboy' ... 1 pip and 8 pips ,, better than a stick in the eye .. ;D

I had four MD trades using ADT yesterday, all winners.  10 pips on the -2, 8 pips on standard and 20 pips (two trades) on +4.

I'm leaving if shut off on live account tonight due to market volatility and NFP tomorrow.  Demo account currently in trade on -2, +3 pips.
Title: Re: MegaDroid...
Post by: Colleen on February 05, 2010, 12:00:54 AM
And tonight after all the down movement in the Eur/Usd, my Megadroid 1.21 on MIG Live, decided to enter into not only a Stealth but also an Aggressive trade and both found profit... the last trade I helped a bit - Profit is Profit!

21055320   2010.02.04 23:12   buy   0.10   eurusd   1.37221   1.35915   1.37821   2010.02.04 23:32   1.37296   0.00   0.00   0.00   7.50
21055618   2010.02.04 23:39   buy   0.10   eurusd   1.37306   1.36886   1.37806   2010.02.05 00:55   1.37390   0.00   0.00   0.00   8.40

Nice way to end a Profitable trading week with Megadroid 1.21 on MIG!

Have a GREAT WEEKEND Folks!

Colleen ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on February 05, 2010, 12:32:24 AM
Only 1 trade on my default chart however a good win of +15.5 pips and a win of +1 pip on another chart. Overall a 16.5 pip win for MD. Pretty much the same as last night. Happy man.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: aicohn on February 05, 2010, 12:49:38 AM
Interesting... I got two trades in -2 today, one aggressive, one standard.  Both still open in slight drawdown.

I hope to g-d they don't keep going another 12  hours!!!
Title: Re: MegaDroid...
Post by: Trade It Easy on February 05, 2010, 01:29:50 AM
aircohn did you get stopped out??  :o I was doing my bed time checks and bam! the dollar threw itself a bone and put the eur and chf to shame for a bit. LOOK at this trade that MD made. Notice how close it got to hitting SL. So close! I like to see the funny side of it and count my chickens
Regards
Autotrader
ps please find pic attached
Title: Re: MegaDroid...
Post by: iceman02 on February 05, 2010, 04:00:56 AM
i had 2 sl's yesturday
Title: Re: MegaDroid...
Post by: dlewisfl on February 05, 2010, 04:19:40 AM
I'm leaving if shut off on live account tonight due to market volatility and NFP tomorrow.  Demo account currently in trade on -2, +3 pips.

Demo account did well with all the activity tonight, -2 chart trade closed +1 pip, no trades on default, three winners on +4 for 26 pips and a winner on +6 for 10 pips

That's almost 80 pips in two nights for ADT.
Title: Re: MegaDroid...
Post by: iceman02 on February 05, 2010, 04:52:11 AM
I dont understand why i have 3 SL's this month. What settings are you guys using?
Title: Re: MegaDroid...
Post by: keviboy on February 05, 2010, 07:42:28 AM
Had a good one yesterday..........

11413222   2010.02.04 22:12   buy   0.04   eurusdfxf   1.3719   1.3588   1.3779   2010.02.04 23:06   1.3735   0.00   0.00   0.00   6.40

I am happy for this week......cheers
Title: Re: MegaDroid...
Post by: iceman02 on February 05, 2010, 09:26:13 AM
Had a good one yesterday..........

11413222   2010.02.04 22:12   buy   0.04   eurusdfxf   1.3719   1.3588   1.3779   2010.02.04 23:06   1.3735   0.00   0.00   0.00   6.40

I am happy for this week......cheers
what broker ru using
Title: Re: MegaDroid...
Post by: Trade It Easy on February 05, 2010, 11:16:00 AM
10 pip win on the +6 chart. so 26.5 pips in total for MD last night. Happy days.
Autotrader
Title: Re: MegaDroid...
Post by: keviboy on February 05, 2010, 11:39:11 AM
Had a good one yesterday..........

11413222   2010.02.04 22:12   buy   0.04   eurusdfxf   1.3719   1.3588   1.3779   2010.02.04 23:06   1.3735   0.00   0.00   0.00   6.40

I am happy for this week......cheers
what broker ru using
Hello ice i am using forex.com and on defalt time.....cheers
Title: Re: MegaDroid...
Post by: iceman02 on February 05, 2010, 12:31:52 PM
Had a good one yesterday..........

11413222   2010.02.04 22:12   buy   0.04   eurusdfxf   1.3719   1.3588   1.3779   2010.02.04 23:06   1.3735   0.00   0.00   0.00   6.40

I am happy for this week......cheers
what broker ru using
Hello ice i am using forex.com and on defalt time.....cheers

are u using adt?
Title: Re: MegaDroid...
Post by: mpetersrx7 on February 05, 2010, 05:36:01 PM
I made 46.5 pips last night on MD...very happy.  ;D Now if only I did not take the SL with Lexxus Pro a couple nights ago my account would be doing wonderful.  Finally dropped Lexus.

Mark

Title: Re: MegaDroid...
Post by: ingonicole on February 05, 2010, 07:07:54 PM
I made 46.5 pips last night on MD...very happy.  ;D Now if only I did not take the SL with Lexxus Pro a couple nights ago my account would be doing wonderful.  Finally dropped Lexus.

Mark



what timeframes have you used?
Title: Re: MegaDroid...
Post by: mpetersrx7 on February 05, 2010, 10:12:09 PM
I made 46.5 pips last night on MD...very happy.  ;D Now if only I did not take the SL with Lexxus Pro a couple nights ago my account would be doing wonderful.  Finally dropped Lexus.

Mark



what timeframes have you used?

I am using -1, default, +4, and +6.  I changed from -2 to -1 to try and eliminate some of the SLs I was getting early in the session with -2.  This does get me some overlap which I am okay with.

Mark
Title: Re: MegaDroid...
Post by: keviboy on February 07, 2010, 05:04:31 AM
Had a good one yesterday..........

11413222   2010.02.04 22:12   buy   0.04   eurusdfxf   1.3719   1.3588   1.3779   2010.02.04 23:06   1.3735   0.00   0.00   0.00   6.40

I am happy for this week......cheers
what broker ru using
Hello ice i am using forex.com and on defalt time.....cheers

are u using adt?
Nop no ADT,just the normal bot and only change is lot size and risk percentage.....Cheers
Title: Re: MegaDroid...
Post by: robl45 on February 07, 2010, 08:29:36 PM
i said it before, default seems best, just increase risk and take bigger lots. I'm running -2 and +6 now along with default but I think they may be removed soon.  no point to trading at times when the chance of losses is greater.
Title: Re: MegaDroid...
Post by: michael on February 08, 2010, 01:23:06 AM
i said it before, default seems best, just increase risk and take bigger lots. I'm running -2 and +6 now along with default but I think they may be removed soon.  no point to trading at times when the chance of losses is greater.
May I ask what your broker is, please?  And settings: Agressive, RecoveryMode, and Risk (lot size)?
Title: Re: MegaDroid...
Post by: robl45 on February 08, 2010, 03:40:44 AM
collective fx.  default is  aggressive true and recovery true. risk I think is .05  -2 and +6 are recovery true, and aggressive false, same risk setting.
Title: Re: MegaDroid...
Post by: dkmillion on February 08, 2010, 12:40:26 PM
I am runnng 2 charts on default.  Agressive=True, Recovery=False and the other chart Agressive=False, Recovery=True.  Got successful trades on both last week, no losses for the last 5 weeks on forex.com. 

I think it is better to increase the risk on the default than trading outside the time frame.  But am running tests on different time frames, so far +23 seems to work fine - I think it was a suggestion of Autotrader, but then on the other hand isn't +23 similar to -1?
Title: Re: MegaDroid...
Post by: someguy on February 08, 2010, 12:43:59 PM
But am running tests on different time frames, so far +23 seems to work fine - I think it was a suggestion of Autotrader, but then on the other hand isn't +23 similar to -1?

It is the same but excludes trading on Mondays.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 08, 2010, 01:00:57 PM
But am running tests on different time frames, so far +23 seems to work fine - I think it was a suggestion of Autotrader, but then on the other hand isn't +23 similar to -1?

It is the same but excludes trading on Mondays.

It is pretty much the same and someguy you are right. However I have tested -1 against +23 before and for some reason +23 still out performed -1 even on the other trading days. The only thing with +23 I heavily advise people remove it on friday morning so to avoid trades being open over the weekend and risk closing at a loss. my +25 chart is like +1 except no mondays. Remove +25 on friday to avoid hanging trades. I like to see my +23 and +25 charts as conservative and aggressive. Nice additions to the default chart. I am also running +6, I shall leave it on my live account for now as long as it starts winning consistently again.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dlewisfl on February 08, 2010, 01:04:03 PM
i said it before, default seems best, just increase risk and take bigger lots. I'm running -2 and +6 now along with default but I think they may be removed soon.  no point to trading at times when the chance of losses is greater.

Unless you want to risk making less money. ;)
Title: Re: MegaDroid...
Post by: robl45 on February 08, 2010, 04:43:25 PM
whatever man, how many times are you going to take the same sentence out of context?  what I meant and I've explained twice already was you are taking more risk to make less money when using the other timeframes.  if default performs better than the others, you increase your lot size for default, you don't take trades off of other timeframes that are riskier and will likely make you less money.


i said it before, default seems best, just increase risk and take bigger lots. I'm running -2 and +6 now along with default but I think they may be removed soon.  no point to trading at times when the chance of losses is greater.

Unless you want to risk making less money. ;)
Title: Re: MegaDroid...
Post by: dkmillion on February 08, 2010, 07:45:40 PM
I like this thread and this bot, at least it is making money!!  Herewith my demo, will see what it does over the next month.  Maybe I am taking the risk of making less money!! ;D
Title: Re: MegaDroid...
Post by: forexforever on February 09, 2010, 04:32:33 AM
hey guys,

just thought i would let u know my progress. i started with charts -2,-1, 0 default, +5, +6,+7+8, as these backtested well over the last few years, with0.1 lots on a live account. after last week i have increased default chart to 2 lots as it was the best performer, + 5 to 0.25 lots and +7 to 0.26 lots as these time frames were the next best profitable. the other charts are still running at 0.10 lots. if they win over the week they will gradually be increase until i fell comfortable with them, if they lose they will eventually be switched off. default seems to be the best by far.

good luck to all, and good luck to megadroid!!!!
Title: Re: MegaDroid...
Post by: iceman02 on February 09, 2010, 07:17:13 AM
had $66 loss on +6 chart
Title: Re: MegaDroid...
Post by: someguy on February 09, 2010, 09:03:31 AM
had $66 loss on +6 chart

Yeah, that was not a good start... :)
Title: Re: MegaDroid...
Post by: robl45 on February 09, 2010, 12:32:02 PM
had $66 loss on +6 chart

me too, these other charts about to go bye bye for me.  trying to give it a fair shot, but my live account is getting depleted.
Title: Re: MegaDroid...
Post by: someguy on February 09, 2010, 12:53:47 PM
had $66 loss on +6 chart

me too, these other charts about to go bye bye for me.  trying to give it a fair shot, but my live account is getting depleted.

Yeah, with this SL +6 is below expectation for me and I probably will reduce it to 0.01 lots (for observation) on most of my accounts. Since I trade other EAs on the accounts balance (and free margin) preservation is most important.
Title: Re: MegaDroid...
Post by: robl45 on February 09, 2010, 01:39:17 PM
i have default on agressive and it isn't taking these crappy trades where the other timeframes are not on agressive and are slipping up.  the + 6 and -2 have both had crappy trades.  the +4 was a disaster so I don't have it on the live account.  With the thing making 5-15 dollar profits, 66 dollars is going to take a long time to come back from.
Title: Re: MegaDroid...
Post by: ngling on February 09, 2010, 03:33:22 PM
I have been running MD live since the beginning of the year using the default settings. Profits haven't been huge, but it has hit only 1 stop loss so it is marginally in front. The only problem is that it doesn't trade that often. I was contemplating using ADT when it reopens, but not so sure after seeing some of the results in this thread.
Title: Re: MegaDroid...
Post by: dlewisfl on February 09, 2010, 06:35:13 PM
had $66 loss on +6 chart

me too, these other charts about to go bye bye for me.  trying to give it a fair shot, but my live account is getting depleted.

How long did you run on demo before going live?
Title: Re: MegaDroid...
Post by: robl45 on February 09, 2010, 06:47:19 PM
had $66 loss on +6 chart

me too, these other charts about to go bye bye for me.  trying to give it a fair shot, but my live account is getting depleted.

How long did you run on demo before going live?


about a month or so on demo, still have it running side by side on the demo with all 4 time frames, default always does better in testing so far.
Title: Re: MegaDroid...
Post by: dlewisfl on February 09, 2010, 07:06:47 PM
had $66 loss on +6 chart

me too, these other charts about to go bye bye for me.  trying to give it a fair shot, but my live account is getting depleted.

How long did you run on demo before going live?


about a month or so on demo, still have it running side by side on the demo with all 4 time frames, default always does better in testing so far.

You need to run it for MONTHS before saying you gave it a fair shot.
Title: Re: MegaDroid...
Post by: A on February 09, 2010, 11:08:31 PM
Hi Everyone

My experience - I have been running MD in my LIVE account and I lost money with ADT.  I am not at all happy with this (SL etc...) and as I am really logical and very tough in my decision, my conclusion is simple:

1) ADT sucks or does not work well - so drop it!

2) Go back to the simple setting Default and you should make money.

I am pissed off as I really thought ADT works with perfection - alas NO!

MD is good but not the perfect robot - it just need to be there with other robots...  Preferably many of them (Ony excellent ones!).

Today (just now) MD goes me/(hope you too) some pips on the default - but my honest view is FORGET THE OTHER CHARTS and buy another robots you like...

MD makes money but only one key charts - the rest is gamble and Benjamin Cook should advise to stop using his ADT - not good enough but OK for some gamble.

I have been it TWICE in LIVE account so it is enough...

Cheers and enjoy Trading/money :-)!
A
Title: Re: MegaDroid...
Post by: Colleen on February 09, 2010, 11:10:07 PM
Hello Folks!

Megadroid 1.21 trades are ongoing tonite... I "scalped" my trades for profit on the first candlestick down; looked good to me on my MIG Account...

21132285 2010.02.09 23:00 sell 0.20 eurusd 1.37964 1.38818 1.37364 2010.02.09 23:48 1.37902 0.00 0.00 0.00 12.40
21132540 2010.02.09 23:04 sell 0.20 eurusd 1.37992 1.38420 1.37492 2010.02.09 23:49 1.37912 0.00 0.00 0.00 16.00

Colleen ;)
Title: Re: MegaDroid...
Post by: iceman02 on February 09, 2010, 11:56:28 PM
had $66 loss on +6 chart

Yeah, that was not a good start... :)

did u get a hit on +6 too?
Title: Re: MegaDroid...
Post by: Trade It Easy on February 10, 2010, 01:07:27 AM
MD took about 21 pips for me on the default chart and 7 on other so +28 pips for MD tonight. Its making up the loss from last night. Only 14 pips down now. I am confident I can make it back on MD alone this week. To the member called A I agree with you that ADT has not done well so far this year however it hasn't always been like this. Last year it was a stormer and those who used it from its release it actually would still be very profitable to date. Thanks to ben and the ADT setup it has spurred others like myself, dlewisfl etc. to test other time frames to see whether or not they are profitable. Low and behold some are! So I feel your comments are a little harsh and not thought through enough. Ben has helped the development of MD alot. The cost of bens ADT setup was money well worth spent in my eyes.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: robl45 on February 10, 2010, 02:48:32 AM
another crap signal on the +4 chart.  glad I didn't use that one on the live account.  anyone else get this trade?  I pray it turns positive for you.
Title: Re: MegaDroid...
Post by: hammy on February 10, 2010, 03:28:29 AM
MD 1.21, standard, good for 16 pips tonight, 2 sell trades... 8)
Title: Re: MegaDroid...
Post by: robl45 on February 10, 2010, 03:32:12 AM
MD 1.21, standard, good for 16 pips tonight, 2 sell trades... 8)

i got the same,  now stuck in a losing buy on the +6 chart.  default just keeps chugging along nicely.  do you have it set for aggressive?
Title: Re: MegaDroid...
Post by: ingonicole on February 10, 2010, 05:33:02 AM
I got 5 pips tonight from standard with Forex.com
Iam happy that i have put off my ADT setup. I will go on with the standard MD settings and may increase the risk.
Title: Re: MegaDroid...
Post by: dkmillion on February 10, 2010, 07:59:42 AM
I got 3 trades on my ecn account CMS broker.  Got 2 charts, one with default, Aggressive=True, Recovery=False, the other one default Aggressive=False, Recovery=True.  Got 2 trades on first setting and one trade on 2nd setting.  CMS is the broker for Megadroid!
Title: Re: MegaDroid...
Post by: robl45 on February 10, 2010, 09:08:52 AM
both +4 and +6 finished in profit barely.  Collectivefx working very well for megadroid.
Title: Re: MegaDroid...
Post by: someguy on February 10, 2010, 09:33:26 AM
both +4 and +6 finished in profit barely.  Collectivefx working very well for megadroid.

How long have you been running MD there? I've only been live since last Monday, and so far it does nothing extra.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 10, 2010, 10:00:59 AM
Very impressed with MD last night. Took another 11.5 pips. Total pips in one night= 39.5 pips! Just need a few more dollars and ive made up for the loss the night before.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: ingonicole on February 10, 2010, 10:17:11 AM
Very impressed with MD last night. Took another 11.5 pips. Total pips in one night= 39.5 pips! Just need a few more dollars and ive made up for the loss the night before.
Regards
Autotrader

39.5 pips - that is really great :)
Title: Re: MegaDroid...
Post by: robl45 on February 10, 2010, 12:19:39 PM
both +4 and +6 finished in profit barely.  Collectivefx working very well for megadroid.

How long have you been running MD there? I've only been live since last Monday, and so far it does nothing extra.

since 1/18.  its very consistent with the demo, can you say that with most brokers?  I can't complain about them, good spreads, simple membership fee, can trade micro lots.  my biggest complaint is the crappy gbpusd spread, so I might look elsewhere to trade that pair.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 10, 2010, 01:51:10 PM
Very impressed with MD last night. Took another 11.5 pips. Total pips in one night= 39.5 pips! Just need a few more dollars and ive made up for the loss the night before.
Regards
Autotrader

39.5 pips - that is really great :)

Thanks. Ive worked out I need exactly $2.65 to make back from MD's previous loss. I think I may get that back tonight and more. My aim now is to make at least $30 a day 4 days a week on my micro account, meaning in half a year ill make $3000 and thats only if my bet sizes stay the same. They will infact increase as the account grows so I may make more than that. I am not getting my hopes up any higher though as I would be very happy with $3000 in 25 weeks. MD isn't alone, I have other eas helping it along.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: robl45 on February 10, 2010, 02:00:25 PM
is recovery mode working correctly for everyone?  I had that 66 dollar loss that most people seem to have gotten, then another trade on the same chart last night but it did the same lots, it should have doubled the lots with recovery on?
Title: Re: MegaDroid...
Post by: Trade It Easy on February 10, 2010, 02:45:13 PM
I forgot to mention my rebates too. Thanks to the aslan group I get a bonus for working hard :-D. Im hoping one day i'll be up there earning around 1000+ in rebates alone a month. Now that would be a great pat on the back  ;D
Title: Re: MegaDroid...
Post by: Trade It Easy on February 11, 2010, 10:23:23 AM
One trade for me last night. It closed out this morning for about .75 of a pip! wahoo big spender. I suppose this time I am just happy MD did not close for a loss. Any trades on ADT?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: robl45 on February 11, 2010, 01:39:32 PM
hmm, i got no megadroid trades last night.
Title: Re: MegaDroid...
Post by: ngling on February 11, 2010, 01:47:13 PM
I had 2 trades yesterday using default settings, one with an 8 pip profit and the other with a 10 pip profit. Those have been my only trades for about a week.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 11, 2010, 03:37:45 PM
I had 2 trades yesterday using default settings, one with an 8 pip profit and the other with a 10 pip profit. Those have been my only trades for about a week.

Default definitely had no action for me last night. Ive had 3 trades on default in the last week. Last night was a quiet one I think for most
Title: Re: MegaDroid...
Post by: A on February 11, 2010, 05:00:50 PM
Yep - No trade last night too...

A
Title: Re: MegaDroid...
Post by: A on February 11, 2010, 08:43:46 PM
MD likes quiet days  :-\... One trade just now and a good one...

Although it was not a quiet day as such...  recall Greece is bankrupt  ???

Hopefully the default chart has a good one too!

Enjoy people and cheers!
A
Title: Re: MegaDroid...
Post by: Trade It Easy on February 12, 2010, 12:50:30 AM
no trades for me so far tonight. Very quiet 2 days for MD
Title: Re: MegaDroid...
Post by: trdmny on February 12, 2010, 01:14:47 AM
I had a short MD trade tonight on the standard MD for 10 pips profit :D

Mark E
Title: Re: MegaDroid...
Post by: Hansen on February 12, 2010, 01:28:37 AM
and I had an off quotes ::)
Well Well. Next week is another trading week. So my MD is on weekend now ;D
Take care guys!

Hansen
Title: Re: MegaDroid...
Post by: dlewisfl on February 12, 2010, 02:03:08 AM
17 pips so far tonight .. seven on -2 chart and 10 on +4.

Title: Re: MegaDroid...
Post by: robl45 on February 12, 2010, 02:42:54 AM
17 pips so far tonight .. seven on -2 chart and 10 on +4.



you sure you don't mean default and +4?  I got a trade on default and +4, nothing on -2.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 12, 2010, 04:21:21 AM
lol I got nothing on default, don't use -2 or +4 but did get 11 pips on one of my charts
Title: Re: MegaDroid...
Post by: Colleen on February 12, 2010, 04:58:30 AM
And Megadroid Magic appeared tonite... I scalped profit here to save the pips in profit but I think Megadroid 1.21 would have found the profit anyhow... this is on my MIG Account...

21181482 2010.02.11 22:47 sell 0.20 eurusd 1.36940 1.37623 1.36340 2010.02.11 23:20 1.36870 0.00 0.00 -0.11 14.00

Colleen ;)

And Happy Valentine's Day to Everyone for this weekend - Share the Love with Family, Friends, Neighbours and even your Favourite Pet too!
Title: Re: MegaDroid...
Post by: keviboy on February 12, 2010, 06:26:51 AM
Just one trade on default settings for me.......still on profit......so no complaints.......i look foward to next week.......cheers

11561139   2010.02.09 22:03   sell   0.04   eurusdfxf   1.3796   1.3882   1.3736   2010.02.09 23:03   1.3790   0.00   0.00   0.00   2.40
Title: Re: MegaDroid...
Post by: forexforever on February 12, 2010, 06:48:30 AM
hi all,

i had a good week with magadroid even though i hit a patch of SL on 9.2.10 which cost me a total loss of $353 from 4 trades but i have finished the week with a profit of $ 301. again i have increased risk on default chart as it was great, also -1 has got increased to .27 lots as it was a winning chart this week. i have not tested recovery yet as i do not have enough confidence as some of these other time frames would have lost even more money this week if i doubled the lot size.

lets hope megadroid performance continues!!! 
Title: Re: MegaDroid...
Post by: Pushkin on February 12, 2010, 09:38:32 AM
Had an excellent night on MD. Had 4 trades of 10.2, 10.7, 6.9, and 9.1 on -3. 1 trade of 9.0 on default ans a small one of 0.1 on +3. 46 pips in total ;D

Chris
Title: Re: MegaDroid...
Post by: keviboy on February 12, 2010, 02:52:07 PM
Had an excellent night on MD. Had 4 trades of 10.2, 10.7, 6.9, and 9.1 on -3. 1 trade of 9.0 on default ans a small one of 0.1 on +3. 46 pips in total ;D

Chris
Is this the same MD you are talking about........?or do they have a new version....what am i missing.....what time frames do you use?......if you dont mind sharing.....Cheers
Title: Re: MegaDroid...
Post by: Pushkin on February 12, 2010, 02:56:52 PM
Had an excellent night on MD. Had 4 trades of 10.2, 10.7, 6.9, and 9.1 on -3. 1 trade of 9.0 on default ans a small one of 0.1 on +3. 46 pips in total ;D

Chris
Is this the same MD you are talking about........?or do they have a new version....what am i missing.....what time frames do you use?......if you dont mind sharing.....Cheers

Hi Keviboy,

I use a -3, default and +3 all with recovery mode true and aggressive true.
Title: Re: MegaDroid...
Post by: keviboy on February 12, 2010, 03:20:17 PM
Good job chris and time for me to take some risk.........hmmmm.....lets see next week.....cheers.
Title: Re: MegaDroid...
Post by: robl45 on February 12, 2010, 03:25:22 PM
I had agressive true on the other timeframes, but it made me nervous so i only run it on the default chart.

Are you using a gmt 0 broker?

Had an excellent night on MD. Had 4 trades of 10.2, 10.7, 6.9, and 9.1 on -3. 1 trade of 9.0 on default ans a small one of 0.1 on +3. 46 pips in total ;D

Chris
Is this the same MD you are talking about........?or do they have a new version....what am i missing.....what time frames do you use?......if you dont mind sharing.....Cheers

Hi Keviboy,

I use a -3, default and +3 all with recovery mode true and aggressive true.
Title: Re: MegaDroid...
Post by: forexforever on February 12, 2010, 08:06:50 PM
Had an excellent night on MD. Had 4 trades of 10.2, 10.7, 6.9, and 9.1 on -3. 1 trade of 9.0 on default ans a small one of 0.1 on +3. 46 pips in total ;D

Chris
Is this the same MD you are talking about........?or do they have a new version....what am i missing.....what time frames do you use?......if you dont mind sharing.....Cheers

Hi Keviboy,

I use a -3, default and +3 all with recovery mode true and aggressive true.

Hi Pushkin,

How do you find the -3 and +3 time frames working profitably? obviously it did well last night but has it performed well over a period of time like 1 or 2 months? which time frmae has performed the best so far -3 or +3?

please let me know as i would be intrested to test those aswell.
thanks
Title: Re: MegaDroid...
Post by: dlewisfl on February 12, 2010, 10:01:34 PM
you sure you don't mean default and +4?  I got a trade on default and +4, nothing on -2.

Yes, I'm sure.  It doesn't trade the same at every broker.  In fact, the trade on -2 was on my live account, the demo I have running from the same broker didn't take it.

No trades on default.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 15, 2010, 02:49:59 PM
Quick re cap on last week. I hit one full SL on the +6 chart. Quiet week for most of my charts however on the bright side MD made up the SL and into small profits. MD made 0.304% on my account last week. How did others do?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: iceman02 on February 15, 2010, 11:19:36 PM
u guys leaving MD on tonight. Since its presidents day a holiday.
Title: Re: MegaDroid...
Post by: robl45 on February 16, 2010, 12:50:44 AM
u guys leaving MD on tonight. Since its presidents day a holiday.

I had it on,  made 8 dollars on default timeframe
Title: Re: MegaDroid...
Post by: Trade It Easy on February 16, 2010, 09:57:21 AM
nicone rob,
I had it on. Nice win on default but hit a SL on my +7 chart. Did anyone else get a bad trade?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: DamBuster on February 16, 2010, 11:28:04 AM
A win on live default, a SL on demo +6
Title: Re: MegaDroid...
Post by: Ralpharr2001 on February 16, 2010, 01:02:56 PM
Win on +6 (8 pips) and SL (-41pips) on +2 Alapri UK live
Title: Re: MegaDroid...
Post by: dlewisfl on February 16, 2010, 01:20:10 PM
No wins, two losses on demo (+4 and +6).
Title: Re: MegaDroid...
Post by: robl45 on February 16, 2010, 01:36:15 PM
yes same thing,  8 dollars on default and -100 dollars on the +6 chart.  Thats the second stoploss in a week on that one.  did like -61, then +30 and now -100.  leaving it on for now.  as hopefully the recovery mode will do its job.

nicone rob,
I had it on. Nice win on default but hit a SL on my +7 chart. Did anyone else get a bad trade?
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on February 17, 2010, 01:17:47 AM
just one win tonight. I might strip my 5 chart strategy to 3 as 2 are only making very little profit whilst the other 3 charts are way ahead. Ill give it 2-3 more weeks.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: robl45 on February 17, 2010, 03:01:49 AM
I had a trade on the -2 tonight.  + 20 dollars.
Title: Re: MegaDroid...
Post by: forexforever on February 17, 2010, 04:23:45 AM
just one win tonight. I might strip my 5 chart strategy to 3 as 2 are only making very little profit whilst the other 3 charts are way ahead. Ill give it 2-3 more weeks.
Regards
Autotrader

hey autotrader,

what 3 charts are way ahead for you?

i havent had any trades on default this week yet and some big losers on my other charts on monday night, 4 stop losses actually, lucky they were quite tight SL as it nevered turned around and could have been more.
Title: Re: MegaDroid...
Post by: ingonicole on February 17, 2010, 05:40:12 AM
In default i had no trade this week with forex.com  :(
Title: Re: MegaDroid...
Post by: namrfigk on February 17, 2010, 12:43:01 PM
hi

im using md 1.21 on eurusd m30 and i have no trades for 2 weeks straight?

may i know what is the problem and what do u guys mean by +3 / -3 time frame?

thanks
Title: Re: MegaDroid...
Post by: DamBuster on February 17, 2010, 12:52:22 PM
hi

im using md 1.21 on eurusd m30 and i have no trades for 2 weeks straight?

may i know what is the problem and what do u guys mean by +3 / -3 time frame?

thanks

Needs to be on the H1 chart to work properly
Title: Re: MegaDroid...
Post by: namrfigk on February 17, 2010, 01:51:26 PM
actually i have it on h1 time too, but also 2 weeks w/o a trade

using default settings stealth & aggressive on, nfa off, gmt offset 0, slippage 3, lot size and risk 0.1, recovery on.

everything shows ok on eurusd chart, but sometimes i see info from md eg downward impulse is fading in ...s / downward impulse detected but why doesnt md make a trade?
Title: Re: MegaDroid...
Post by: Ralpharr2001 on February 17, 2010, 03:07:58 PM
Which broker are you using?
Title: Re: MegaDroid...
Post by: trdmny on February 17, 2010, 04:33:00 PM

You might want to check your EXPERT tab and see if MD has tried to place any orders and see if there any errors showing.

Good Luck

Mark E

actually i have it on h1 time too, but also 2 weeks w/o a trade

using default settings stealth & aggressive on, nfa off, gmt offset 0, slippage 3, lot size and risk 0.1, recovery on.

everything shows ok on eurusd chart, but sometimes i see info from md eg downward impulse is fading in ...s / downward impulse detected but why doesnt md make a trade?
Title: Re: MegaDroid...
Post by: Hansen on February 17, 2010, 08:28:21 PM
hi

im using md 1.21 on eurusd m30 and i have no trades for 2 weeks straight?

may i know what is the problem and what do u guys mean by +3 / -3 time frame?

thanks

Needs to be on the H1 chart to work properly

You can have it on any time frame. It trades no matter if you run it on M5, M15, H1 and so on ;)
It's stated in the manual, yes, but MD will open trades regardless, so look elsewhere for the cause to this issue. Especially look in the experts tab for words like off-quotes and trading is disabled ;)
Title: Re: MegaDroid...
Post by: Colleen on February 17, 2010, 10:13:38 PM
Hello Folks!

Megadroid 1.21 on my MIG LIVE Account today - 1 Hour Chart - Scalped Profit at the highest I could get... next candlestick went down and I think it can come back up but didn't feel like waiting...

21254753   2010.02.17 22:31   buy   0.20   eurusd   1.35968   1.35548   1.36468   2010.02.17 23:00   1.36056   0.00   0.00   0.16   17.60

Profit is Profit!!!

Colleen ;)
Title: Re: MegaDroid...
Post by: namrfigk on February 17, 2010, 11:15:13 PM
is the experts tab under mt4 options? sry im new to mt4 could i have step by step tut? thanks  ;D
Title: Re: MegaDroid...
Post by: namrfigk on February 18, 2010, 07:03:47 AM
hello again, md just placed a live trade for me and profitted 10 pips. i think it's the broker problem. cheers!
Title: Re: MegaDroid...
Post by: DamBuster on February 18, 2010, 08:09:53 AM
Yep, MD a winner again on Alpari live and demo :D
Title: Re: MegaDroid...
Post by: namrfigk on February 18, 2010, 08:10:28 AM
hi

if i already used md on one live acc, how can i use it on another live acc without closing the first? becuz i like the other acc and it is being used by another ea
Title: Re: MegaDroid...
Post by: Trade It Easy on February 18, 2010, 10:06:30 AM
easy, you just add MD to the expert folder in the other account just like you did on the account you are currently running MD. Then just input your ea password just like before. Job done! MD has an unlimited licence. Just 2 trades for me last night, total=+15.5 pips and a positive swap worth just over a pip.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: namrfigk on February 18, 2010, 10:11:28 AM
thats pretty neat for MD. thanks for the help!
Title: Re: MegaDroid...
Post by: dlewisfl on February 18, 2010, 09:45:03 PM
S/L on standard MD chart tonight ... took about 5 minutes.

Just looked at Forex Factory and there was FOMC news at 4:30PM EST ... not even listed on DailyFx.
Title: Re: MegaDroid...
Post by: Colleen on February 18, 2010, 10:02:16 PM
OUCH!!! Megadroid hits a LOSS! Big Spike down on the Eur/Usd! Boo Hoo! Not fair today... We've been doing so well with Megadroid trading!  :'(

21279879   2010.02.18 22:30   buy   0.20   eurusd   1.36000   1.35374   1.36500   2010.02.18 22:36   1.35374   0.00   0.00   0.00   -125.20

Colleen  ???
Title: Re: MegaDroid...
Post by: someguy on February 18, 2010, 10:30:23 PM
Yeah, god dammit, missed that one.
Title: Re: MegaDroid...
Post by: fumducker81 on February 18, 2010, 10:45:32 PM
Yeah that hurt.  However, MD just put in a second buy for a 16 pip profit about an hour later.  Already recovered around 25% of my loss.
Title: Re: MegaDroid...
Post by: Colleen on February 18, 2010, 10:47:55 PM
And my fun continues with Megadroid 1.21 on MIG... it's in another buy... This is not a Recovery Mode on my account though - thank goodness - don't know if I could handle this so soon in a Recovery effort here...

Should have read the www.forexfactory.com High Impact items for today and the little red flag on the 4:30pm EST FOMC Statement - High Impact it is notated as being...  I missed it today, not feeling my best anyhow - fighting stomach flu... and the Droid has been trading so well for so long without me having to check for things like this... Oh well, let's hope this trade finds some pips in profit for a make up for me and anyone else who is still in the second trade... Gotta Luv Forex, eh?

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: robl45 on February 18, 2010, 11:05:48 PM
had an awesome day on megadroid.  missed that buy that went to stoploss, it bought later and made a profit.

And you know what else?  The demo account for collective fx took that trade and my live account at collective fx is doing better than the demo.
Title: Re: MegaDroid...
Post by: someguy on February 18, 2010, 11:12:40 PM
My live at Collective took the SL, as well as Jade and Forex.com/UK. Bad day.
Title: Re: MegaDroid...
Post by: robl45 on February 18, 2010, 11:21:24 PM
My live at Collective took the SL, as well as Jade and Forex.com/UK. Bad day.

hmm, wonder why they are different.
Title: Re: MegaDroid...
Post by: someguy on February 18, 2010, 11:28:59 PM
My live at Collective took the SL, as well as Jade and Forex.com/UK. Bad day.

hmm, wonder why they are different.

Got the same at all brokers I trade MD at (Alpari UK too I realised).
Title: Re: MegaDroid...
Post by: aagarcia on February 18, 2010, 11:31:16 PM
Fed raised the discount rate from .25 to .75- that's what happened
Title: Re: MegaDroid...
Post by: hammy on February 18, 2010, 11:55:35 PM
How could it take a "buy" trade on that market ???? ... :o

Time to turf this robot ... ???
Title: Re: MegaDroid...
Post by: jat41 on February 19, 2010, 12:24:01 AM
Hammy, I'm glad that you noticed this craziness  :o

WTF! I was tending to something on my FapT demo when all hell broke loose. Clicked back and lo and behold MD took a buy order when EU was storming down - I mean, AFTER it started to bank!  :P At the same time, on Fap, usd/chf took a sell when it soared up, and eur/chf took a buy when it sailed south!

Guess we should all welcome ourselves to the wonderful world of robotic logic ;)
Title: Re: MegaDroid...
Post by: hammy on February 19, 2010, 01:30:54 AM
my MD took a second buy trade right after the SL, so I shut it off, sent it to it's room.. :-\

back to the demo account for MD... ???
Title: Re: MegaDroid...
Post by: Colleen on February 19, 2010, 01:31:04 AM
Well Folks!

The Megadroid 1.21 Robot can only do the RCTPA when the news is not coming out... the bot detected an upward trend with it's detectors and initiated Buy Trades while the Candlestick was going down... must be a time lapse in the bot from the market movement going on and it was sooo fast...

And now I'm waiting patiently for my second trade on my MIG account to find it's lonesome way back into the positive territory I hope... we're about 12 pips away from Break Even right now... 8:30 pm EST - but don't know what the Bot will determine as acceptable to shoot for as far as profit taking goes - I hope it doesn't do it's acceptable loss thing to me... and then shoot up into a more acceptable profit...

Gotta luv the world of eas in Forex at times... they just don't make cents or sense!!!

May we find the pips tonite those still in this second trade with Megadroid 1.21...

Cheers,

Colleen ;)

Title: Re: MegaDroid...
Post by: dlewisfl on February 19, 2010, 01:45:53 AM
How could it take a "buy" trade on that market ???? ... :o

Time to turf this robot ... ???

Instead of blaming the robot, look in the mirror.  The robot expects to trade in a low volatility environment and you left it on with a major news announcement at 4:30 that changed the environment to high volatility when they changed the rate unexpectedly.

Not time to bench the player, time to blame the coach for trading during/after high impact news. ;)
Title: Re: MegaDroid...
Post by: jsp on February 19, 2010, 02:11:54 AM
How could it take a "buy" trade on that market ???? ... :o

Time to turf this robot ... ???

Instead of blaming the robot, look in the mirror.  The robot expects to trade in a low volatility environment and you left it on with a major news announcement at 4:30 that changed the environment to high volatility when they changed the rate unexpectedly.

Not time to bench the player, time to blame the coach for trading during/after high impact news. ;)

I agree...and I was caught off-guard as well.  No excuse, but I've been sick and haven't watched the calendar closely the last few days. 

Normally, I let MD run even if big news occurs before its trading hours (normal Fed meetings) or after (NFP next morning).  However, I would've/should've turned it off with this occuring right in it's trading window.  Painful mistake, but MD has still been good to me overall. 
Title: Re: MegaDroid...
Post by: jat41 on February 19, 2010, 02:33:31 AM
Guys, no one expected this kind of volatility as the FOMC hasn't touched rates for so long. Seriously, when was the last time MD hit a SL because of a news release by the FOMC? Can't even recall.

Telling us we should have known better, ummm, ok? 8)

Anyway, every bot across the board got hit...just one of those things.
Title: Re: MegaDroid...
Post by: dlewisfl on February 19, 2010, 03:06:49 AM
Guys, no one expected this kind of volatility as the FOMC hasn't touched rates for so long. Seriously, when was the last time MD hit a SL because of a news release by the FOMC? Can't even recall.

Telling us we should have known better, ummm, ok? 8)

Anyway, every bot across the board got hit...just one of those things.

There's a website called Forex Factory that shows news announcements.  It had a nice, red, high-impact USD news announcement at 4:30PM.  If you don't feel it's necessary to check such things and want to run your low-volatility scalping bot during this time, be my guest.  You see the end result.
Title: Re: MegaDroid...
Post by: robl45 on February 19, 2010, 03:08:41 AM
i guess i was very very lucky tonight, all 3 of my demo accounts got smacked tonight, but the live account did real well on MD and even squeaked a slight profit on fap turbo.
Title: Re: MegaDroid...
Post by: dkmillion on February 19, 2010, 04:45:08 AM
That announcement was not there early on Thursday morning, they must have sneaked it in!!
I looked at that twice yesterday!
Title: Re: MegaDroid...
Post by: ingonicole on February 19, 2010, 05:34:40 AM
I got a SL on default - iam really not lucky with MD
Title: Re: MegaDroid...
Post by: colocolo on February 19, 2010, 08:19:14 AM
No, there wasn't any news planned. They put it into the calendar after the news release.

Chris
Title: Re: MegaDroid...
Post by: DamBuster on February 19, 2010, 09:12:08 AM
An hour later, on default and with recovery mode and MM on (not fixed lots) MD would have made up most of the SL!
Title: Re: MegaDroid...
Post by: keviboy on February 19, 2010, 12:29:25 PM
Hello ppl same here......what profit i had earned with MD last few weeks went down the drain Yesterday.......with a whooping -41 pips.........and there it goes...it did not end there,Primeval EA,Storm,Bolt,etc etc all of them took  hit....Next time me put my laptop off and go  for a movie at the time of this news.....hewwwwww......
Title: Re: MegaDroid...
Post by: jsp on February 19, 2010, 02:48:49 PM
No, there wasn't any news planned. They put it into the calendar after the news release.

Chris

Ok, I wondered about that.  In retrospect, there was nothing we could do about this. 

This should be a very rare event--never seen it happen during that time.  Let's hope they don't do it again without an announcement...
Title: Re: MegaDroid...
Post by: aagarcia on February 19, 2010, 02:56:41 PM
Guys, no one expected this kind of volatility as the FOMC hasn't touched rates for so long. Seriously, when was the last time MD hit a SL because of a news release by the FOMC? Can't even recall.

Telling us we should have known better, ummm, ok? 8)

Anyway, every bot across the board got hit...just one of those things.

There's a website called Forex Factory that shows news announcements.  It had a nice, red, high-impact USD news announcement at 4:30PM.  If you don't feel it's necessary to check such things and want to run your low-volatility scalping bot during this time, be my guest.  You see the end result.

Real funny comment as if you saw it and avoided trading.  LOL, it wasn't there till AFTER the news came out big shot.
Title: Re: MegaDroid...
Post by: jat41 on February 19, 2010, 03:11:47 PM
Guys, no one expected this kind of volatility as the FOMC hasn't touched rates for so long. Seriously, when was the last time MD hit a SL because of a news release by the FOMC? Can't even recall.

Telling us we should have known better, ummm, ok? 8)

Anyway, every bot across the board got hit...just one of those things.

There's a website called Forex Factory that shows news announcements.  It had a nice, red, high-impact USD news announcement at 4:30PM.  If you don't feel it's necessary to check such things and want to run your low-volatility scalping bot during this time, be my guest.  You see the end result.

Real funny comment as if you saw it and avoided trading.  LOL, it wasn't there till AFTER the news came out big shot.

AMEN aagarcia! :)
Title: Re: MegaDroid...
Post by: hammy on February 19, 2010, 03:30:07 PM
MD is more a liability than an asset in my mind... ::)

It's not on my live charts anymore... 8)

cheers .. ;)
Title: Re: MegaDroid...
Post by: jat41 on February 19, 2010, 03:59:17 PM
MD is more a liability than an asset in my mind... ::)

It's not on my live charts anymore... 8)

cheers .. ;)

It really does have a scary win/loss ratio...made even worse given that a full 10 pip TP is somewhat rare. I think in the end, though, I'm sticking with it but only on the default chart. I also did a demo with a 24 hr set-up, and over the last month it had just as much of a chance with ADT charts to hit SL as a it did a chart smack dab in the middle of the London or NY sessions!

These last few weeks in the FX world have been a real horror show.
:o
 
Title: Re: MegaDroid...
Post by: dlewisfl on February 19, 2010, 07:42:05 PM
Real funny comment as if you saw it and avoided trading.  LOL, it wasn't there till AFTER the news came out big shot.

I didn't say I avoided the SL aagracia .. if you look back in the thread you will see I posted I hit the SL.
  
I saw the the price action on all my charts start to go wild @ 4:30PM EST so I went to the Forex Factory site right away and it was there.  I cannot say at what time it was put there, I looked between 4:30 and 4:31 and it was there.  It was not listed on DailyFX site at all.

People blaming the bot for this is RIDICULOUS.  I took the loss, I accept it as either my fault for not checking news (or was just plain unlucky if the news was not out there until 4:30 EST).  It's not designed to trade in those conditions.  I've been live with it for six months and that's the first SL on standard chart.  This is why trading with bots is a little more risky, they can't react to events such as this.
Title: Re: MegaDroid...
Post by: Almandine on February 19, 2010, 07:49:46 PM
Thanks to this unscheduled news, which was released after NY close, my Megadroid suffered its first loss in its 8 months of trading. And it was a big one, wiping out almost 2 months of trading. I blame the guy at the FED who decided the timing of this news release, lol.
Title: Re: MegaDroid...
Post by: robl45 on February 19, 2010, 08:15:50 PM
losses will happen, this was extraordinary, the bot did what the  bot does.  The bot is going to take some losses, this is life.

I'm still debating on the other time frames, I don't think they have the right risk reward.
Title: Re: MegaDroid...
Post by: tetrahedron on February 19, 2010, 09:51:27 PM
That announcement was not there early on Thursday morning, they must have sneaked it in!!
I looked at that twice yesterday!

I checked Forex Factory the night before morning trading here, and it's nice to know that I'm not going insane.

I was hit on USDCAD, but USDCHF was shut down because of the Swiss holiday mentioned on Daily FX:

http://www.dailyfx.com/calendar/?keyword=forex%20calendar&ad=1070&CMP=SFS-70160000000Da9U
Title: Re: MegaDroid...
Post by: namrfigk on February 20, 2010, 01:51:08 AM
hi just wondering if md can trade in 0.01 lot sizes? because i altered the lot size in md settings to 0.01 and it says min lot size exceeded?
Title: Re: MegaDroid...
Post by: DamBuster on February 20, 2010, 07:55:03 AM
MD can trade any lot size you like. However, it is the account type that usually determins the trade size, so, for example, if you have a classic account the minimum lot size the broker will allow you to trade is 0.1, for a micro account 0.01 and a nano account 0.001

HTH
Title: Re: MegaDroid...
Post by: A on February 20, 2010, 02:25:23 PM
Hi Everyone

The key issue and the cause of the disaster with MD is the FED itself - not the media (Maybe they did not do their job properly) but it is the crook BEN BERNANKE and his bunch of Money printers and manipulating the economy  :-\

They decided to arrange this adhoc meeting without informing anyone and thus changing the market and the economy, hence the BIG HIT with MD.

The best thing that could happen is to END THE FED with their secret meetings which not only screw the robot trades but the whole economy which is not free but manipulated by these gansgters....

Alas, this will not happen and they will continue manipulating the interest rate in their 'secret' meetings - Bernanke and his friends is just carrying on the same madness of fixing interest rate without saying anything...  Hence, MD will surely be Hit again in the future!

This is the madness of the world - THE FED! >:(

Cheers
A
Title: Re: MegaDroid...
Post by: hammy on February 20, 2010, 02:44:01 PM
Sorry folks but MD is more a liability than a money maker... >:(

Any robot that would take a "buy" trade in that market last week is not worthy. If the market was too volatile for MD, as some suggest, then why did it trade at all ? This robot is a "guesser" more than an accurate trader trying to get lucky on the market movement for a measly 5 or 10 pips and risking huge SL's. You are in denial if you think this is a robot that will make you a lot of money, and you are not being honest if you tell me it hasn't hit SL or losing trades in months.. ???  I'm still saying MD is a waste of your time unless they make an upgrade.

cheers !
Title: Re: MegaDroid...
Post by: A on February 20, 2010, 02:57:17 PM
hammy

Surely this is nonsense: 'Any robot that would take a "buy" trade in that market last week is not worthy'

Are your sure of the use of this word? 'ANY'?

You may want to revise this, for I tell you what: I had robots which DID MAKE MANY TRADES (BUYS) AND DID MAKE LOTS MONEY  - I am sure I am not the only one though...

Cheers
A


Title: Re: MegaDroid...
Post by: chk56 on February 20, 2010, 03:48:07 PM
Well, yesterday I got out of the nasty 'buy' trade after 24 hours right 5 minutes before market close with 2 pips profit.  ::)
Title: Re: MegaDroid...
Post by: hammy on February 20, 2010, 06:25:27 PM
hammy

Surely this is nonsense: 'Any robot that would take a "buy" trade in that market last week is not worthy'

Are your sure of the use of this word? 'ANY'?

You may want to revise this, for I tell you what: I had robots which DID MAKE MANY TRADES (BUYS) AND DID MAKE LOTS MONEY  - I am sure I am not the only one though...

Cheers
A




Are you sure we are talking about the same time, this trade made by MD was Thursday when the EurUsd was very bearish, yet this robot trades long ??.. :o

A,
If you have other robots that made this trade , I advise you to keep them on a demo account forever... ???




Title: Re: MegaDroid...
Post by: dkmillion on February 20, 2010, 08:46:55 PM
There was nothing wrong with the system.  The news was totally unexpected. 
Regarding Megadroid's performance, read here:
After 12 weeks of trade Forex Megadroid continues to lead the competition in spite of this weeks loss. Its equity growth is +139.0%!
http://www.forex-robots.com/weekly-summary/

They test the robots with real money!
Title: Re: MegaDroid...
Post by: A on February 20, 2010, 09:53:39 PM
Thanks for putting the record straight dkmillion!

I think we should talk FACTS and not NONSENSE - come on! 8)

Cheers
A

There was nothing wrong with the system.  The news was totally unexpected.  
Regarding Megadroid's performance, read here:
After 12 weeks of trade Forex Megadroid continues to lead the competition in spite of this weeks loss. Its equity growth is +139.0%!
http://www.forex-robots.com/weekly-summary/

They test the robots with real money!
Title: Re: MegaDroid...
Post by: pucksterfx on February 20, 2010, 11:59:08 PM
There was nothing wrong with the system.  The news was totally unexpected. 
Regarding Megadroid's performance, read here:
After 12 weeks of trade Forex Megadroid continues to lead the competition in spite of this weeks loss. Its equity growth is +139.0%!
http://www.forex-robots.com/weekly-summary/

They test the robots with real money!

This is absolutely right, however, if you notice, the setting for that robot is through the moon. They have the risk at .75 ! which is big percentage at risk. The SL took about 35% of the account on one hit. That is fine to do if you want to put the pedal to the metal with maybe 1k or less and see what happens, but ludicrous for any larger accounts.

As fas as the the SL actually happening, the discount rate announcement came out of left field and when random events like that happen during MD trading time, you will lose because the strategy is to play bounces from S/R areas...You just hope that the jokers at the various Central Banks of the world, don't do too many of those announcements at during MD trading hours and cause your account to bleed too many times. As always, risk is the name of the game. I only started making money if FX when I started thinking about how much I could lose on each trade....and even then it's hard enough... :P

Also, I am able to monitor my MD trades, so I place MD on a different broker demo account, and use a trade copier to execute on my live account....That way the broker doesn't see what's coming and I find the price feeds on demo accounts are more apt to winning because they will sometimes be the difference between fractions of a pip that will fill and/or close....there are times when I miss out on a pip of profit, but at least my trade still closes in profit, as opposed to sometimes missing the TP if I just had it running on my live account and turning into a loser.
Title: Re: MegaDroid...
Post by: hammy on February 21, 2010, 02:09:42 AM
Thanks for putting the record straight dkmillion!

I think we should talk FACTS and not NONSENSE - come on! 8)

Cheers
A

There was nothing wrong with the system.  The news was totally unexpected.  
Regarding Megadroid's performance, read here:
After 12 weeks of trade Forex Megadroid continues to lead the competition in spite of this weeks loss. Its equity growth is +139.0%!
http://www.forex-robots.com/weekly-summary/

They test the robots with real money!

Ok, I gave you my opinion, if you don't like it, fine, you are in denial.
MD  is way over-rated.

A,
I AM talking facts, not nonsense, as you keep saying.
Let me ask you this question: are you getting rich trading MD ??
No, didn't think so,.. I rest my case ... ;D

cheers.. :)





















Title: Re: MegaDroid...
Post by: jat41 on February 21, 2010, 02:11:40 AM
dkmillion-

Thanks for the website! It's a fresh perspective on things; different from other testing sites. :)
Title: Re: MegaDroid...
Post by: SquareRoot on February 21, 2010, 12:41:20 PM
hammy

Surely this is nonsense: 'Any robot that would take a "buy" trade in that market last week is not worthy'

Are your sure of the use of this word? 'ANY'?

You may want to revise this, for I tell you what: I had robots which DID MAKE MANY TRADES (BUYS) AND DID MAKE LOTS MONEY  - I am sure I am not the only one though...

Cheers
A




Are you sure we are talking about the same time, this trade made by MD was Thursday when the EurUsd was very bearish, yet this robot trades long ??.. :o

A,
If you have other robots that made this trade , I advise you to keep them on a demo account forever... ???






If you don't wish the EA to trade long then set your MT4 to trade Short ONLY on your EURUSD pair.
Title: Re: MegaDroid...
Post by: hammy on February 21, 2010, 08:40:20 PM
  _
V   SquareRoot,

My point is, the robot should be programmed to choose the correct direction, hands off, without having to use the "short only" feature or cancel the trade.

FapTurbo- long term got it right with the EurUsd pair, making sell trades for profit.

 :) :D ;D ;)
Title: Re: MegaDroid...
Post by: dlewisfl on February 22, 2010, 01:32:41 PM
Ok, I gave you my opinion, if you don't like it, fine, you are in denial.
MD  is way over-rated.

A,
I AM talking facts, not nonsense, as you keep saying.
Let me ask you this question: are you getting rich trading MD ??
No, didn't think so,.. I rest my case ... ;D

cheers.. :)

LOL!!!!  If your "case" rests on whether or not a bot has made you rich, you personally wouldn't be running any of them ... period.  How's that drawdown on Robominer working out for you?  Still carrying trades 500 - 600- 700 - 800 pips in drawdown while the swap continues to eat away at them?  

Fact: MD has been profitable for many people for a long period of time, one stop loss does not change that.  If you can't make money running it, maybe trading EA's isn't for you.   ;)
Title: Re: MegaDroid...
Post by: hammy on February 22, 2010, 03:10:26 PM
Well dlewisfl , I'm glad you are happy with Megadud, even though it doesn't make you rich.

Actually, Robominer is doing fine, thank you ! I have already withdrawn my original investment so my balance is all gravy. As far as the open trades, that's fine too, when the reverse happens I have a lot of trades to close, resulting in more money. Fapturbo has also performed well overall , much, much, better profits than Megadud ! Yes, I ran MD since day one and yes I made a wee bit of money with it, but NOT ENOUGH, it's a waste of my time. If you were honest with yourself you would realize this too and get on with something better. I guess what you call profitable is relative ? Anyways, good luck with it .. ::)
Title: Re: MegaDroid...
Post by: dlewisfl on February 22, 2010, 05:32:15 PM
Actually, Robominer is doing fine, thank you ! I have already withdrawn my original investment so my balance is all gravy. As far as the open trades, that's fine too, when the reverse happens I have a lot of trades to close, resulting in more money

Oh really?  Let me remind you of a post you wrote in December 2009.

http://www.donnaforex.com/forum/index.php?topic=23.105

Actually with proper money management, you should not have to add to your account using Robominer. I tried starting with $1000 account but had to add $500, it was recommended to start with $2300 and now I see why. Also, when AudNzd pair starts moving back toward mid range and closing lots of trades, I will be withdrawing my profits to be safe.

Please tell everyone here how it is possible to withdraw your original investment of $1,500 trading .01 lots of AUD/NZD that has been opening sell orders with very few pullbacks in a six month uptrend.  I'd really like to hear how you managed that since a winning trade at .01 lot is about $2.75 (not counting swap losses).  You need between 500 - 600 winning trades, with no swap losses, for that to be possible my friend.

Your post was made on December 3rd, the pair was in a pretty consistent uptrend with very few pullbacks for two months prior, leaving you with many open trades.  Oh, there have been a couple pullbacks since 12/3 that probably closed ~25 profitable trades for you, but you have the same number of open trades now as you did 2.5 months ago,  maybe more as the price is actually higher.  You've got trades that are being chewed up by swap for 4 - 5 months.  The price hasn't even come close to pulling back from begining October, or come down near the midpoint.  But somehow you've miracuously pulled out your original $1,500 investment.   Sorry hammy, doesn't pass the smell test, not by a long shot.

Looks to me like you trade too high risk on Megadroid and get PO'd when hitting a SL, losing more than you can afford.  Of course, it's the EA's fault.  Several people are profitable over a 6+ month time period running Megadroid, one unlucky S/L doesn't change that.  You don't have to run it, but I think your opinion should be put in proper context of someone who doesn't understand what environment it's designed to work in and one who looks to be not on the up-and-up about his performance of other bots.   ;)
Title: Re: MegaDroid...
Post by: hammy on February 22, 2010, 06:14:30 PM
dlewisfl,
You should be more sure of the facts before you attack someone like this, this is a friendly forum so I am not going to exchange the hostilities you have toward me.

FYI: my lot sizes were changed to 0.04 awhile ago, I have since changed them back to 0.03, after withdrawing $500 twice. My original investment was $1000. Yes, I did add $500 at one time and I could probably withdraw that now but because of the uptrend it would not be safe, in fact if this trend continues much longer I may have to add again, but hope it will reverse soon. Anyway, I don't feel I need to explain or prove anything to you. I hope you find peace within yourself soon, maybe you should get help ?
Title: Re: MegaDroid...
Post by: dlewisfl on February 23, 2010, 01:22:45 AM
dlewisfl,
You should be more sure of the facts before you attack someone like this, this is a friendly forum so I am not going to exchange the hostilities you have toward me.

FYI: my lot sizes were changed to 0.04 awhile ago, I have since changed them back to 0.03, after withdrawing $500 twice. My original investment was $1000. Yes, I did add $500 at one time and I could probably withdraw that now but because of the uptrend it would not be safe, in fact if this trend continues much longer I may have to add again, but hope it will reverse soon. Anyway, I don't feel I need to explain or prove anything to you. I hope you find peace within yourself soon, maybe you should get help ?

You don't have to be defensive hammy, I'm not attacking you, I challenged your claim of 100% profit.  I wanted to know how it was possible to do what you claimed to have done because it sounded very unrealistic given the price action of Aud/Nzd and the size of your account.  You wouldn't be the first person to over-exaggerate their "success" on here. ;)  You've also said that you have put in less than what the developer defines as the safe minimum balance.  You are trading with a lot size 3x to 4x larger than the developer's recommended size for accounts with the minimum balance.  So effectively, you are trading Robominer with a lot size at least 5X the recommended safe level to get the result you claimed to have gotten.

By your own admission, you have NOT withdrawn every dollar you put in as previously claimed.  You put in $1,500 and you've taken out $1,000 profits, so my inital thoughts were correct, you were "stretching" the truth.  You also said you will need to add money soon because of the uptrend, so it comes as no surprise to me that most of your inital $1,500 is probably in drawdown.  Looks like you need to add money to avoid a margin call.  That I believe given Aud/Nzd price action, your very high risk and the size of your account.  I'm a little surprised you haven't had to add more already since you are carrying trades at .03 and .04 lot size in drawdowns probably approaching 800 pips worst case.  If you were to close every open trade today, you would most likely be down overall for the last several months with Robominer (which includes your $1000 closed trade profit).  That, I believe.  These are interesting things to know when one offers a negative opinion of a long term profitable EA because of a single stop loss while touting another EA as somehow being much better.  You questioned the wisdom of MD opening a LONG trade against the trend while using another EA that has been doing it for six months, with no S/L and numerous trades in drawdown causing the swap to eat away at equity.

You don't need to explain or prove anything, I think those in the know on how these EAs work now know the predicament you are in.  You say this is a friendly forum, then please treat it that way yourself.  Posting things like "are you getting rich trading MD ??  No, didn't think so,.. I rest my case ..." doesn't look like a friendly response.  Clearly, Robominer isn't making you rich.  ;)  Honesty is the best policy.

Since this is an MD thread, I'll stop the Robominer talk.  Sorry for the diversion.
Title: Re: MegaDroid...
Post by: Trade It Easy on February 23, 2010, 09:24:13 AM
dlewisfl yes please do keep robominer to the right thread. Also your message wasn't needed to be posted on the MD topic. If you did not like his response please don't make it public you are wasting everyone elses time. I think what hammy was trying to say that he has withdrawn his original investment which was 1000$. Anyway I am not getting drawn into this anymore. Dlewisfl and Hammy please keep this private as it is clearly heading that way. You are both just trying to get more constructive with your criticism it doesn't make any of you look any 'smarter'. Dlewisfl or Hammy if you wish to reply to my post please PM me.
Thankyou
Kind Regards
Autotrader
Title: Re: MegaDroid...
Post by: Trade It Easy on February 23, 2010, 09:26:25 AM
I hit one SL on my +5 chart. Did anyone get hit on their +6 chart? Luckily I run it at a lower risk.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: dlewisfl on February 23, 2010, 01:46:46 PM
I hit one SL on my +5 chart. Did anyone get hit on their +6 chart? Luckily I run it at a lower risk.
Regards
Autotrader

SL on +4 and +6 last night.

ADT is down ~160 pips this year for me, probably more for those who run it 24/5.  I avoided the losses on President's Day holiday last week since I had it shut down on live account.  Time to re-evaluate whether to keep extra charts going or just stick to standard chart.

My 24/5 demo running 12 charts got hammered last week, a couple of huge losses.  I'll be shutting that down the end of this week and compiling statistics as it's been three months and broker will close account soon.
Title: Re: MegaDroid...
Post by: robl45 on February 23, 2010, 01:49:24 PM
i got a minor negative trade on -2 last night.  -3 bucks or so.  the demo account made a profit on that trade, took them at slightly different times.  +4 and +6 both hit stoplosses last night for me.  I don't know how much longer I should let these other charts run.
Title: Re: MegaDroid...
Post by: DamBuster on February 23, 2010, 02:24:53 PM
23-23/02.2010, no trades on Alpari UK live and demo, standard charts
Title: Re: MegaDroid...
Post by: Chip4Pips on February 23, 2010, 02:28:10 PM
-2 and default are both solidly profitable for me; I ditched +4 and +6 long ago. It has been my experience that -2 actually has had a higher win rate in live trading than the default, if you can believe that.

The market has changed since last August and +4 and +6 simply hit too many S/L to make any $$$. I also believe that the switch to v. 1.21 may have something to do with this, as the ADT strategy hasn't been the same since the logic of the bot was altered. I would be curious to know if anyone continued to run v. 1.11 in parallel and what those results looked like compared to the new version.
Title: Re: MegaDroid...
Post by: robl45 on February 23, 2010, 02:42:53 PM
maybe a +2 would be better? I never put +4 on the live account as the backtests didn't look good.  +6 has been okay, but I think its leaving soon,  default really seems best for the most part.  just won't trade much.  what about like + or - 1/2 hour, is that possible to set with megadroid?
Title: Re: MegaDroid...
Post by: dlewisfl on February 23, 2010, 02:48:35 PM
-2 and default are both solidly profitable for me; I ditched +4 and +6 long ago. It has been my experience that -2 actually has had a higher win rate in live trading than the default, if you can believe that.

The market has changed since last August and +4 and +6 simply hit too many S/L to make any $$$. I also believe that the switch to v. 1.21 may have something to do with this, as the ADT strategy hasn't been the same since the logic of the bot was altered. I would be curious to know if anyone continued to run v. 1.11 in parallel and what those results looked like compared to the new version.

I didn't have problems with +4 and +6 until this year.  -2 was the one that hit SLs last quarter of 2009 for me.  But -2 has been doing well lately as you say.  Standard has been my best performer since going live.

I'm not 100% sure of this, but I don't think you can run the older version.  I was getting error messages when trying to load it after v1.2 came out, it said a newer version existed and v1.1 wouldn't load.
Title: Re: MegaDroid...
Post by: DamBuster on February 23, 2010, 03:09:45 PM
You can only run the older version by using the mod from here: http://www.fxharvest.com/tradebots/mods/mmd
Title: Re: MegaDroid...
Post by: dlewisfl on February 23, 2010, 03:33:58 PM
what about like + or - 1/2 hour, is that possible to set with megadroid?

Yes.

If you run in addition to standard, you may get double trades as the time frames overlap.
Title: Re: MegaDroid...
Post by: mpetersrx7 on February 23, 2010, 03:50:26 PM
I was running -1, +4, and +6 but now am currently only running the default.  As others have stated, too many SL as of late.  Will contineue to jsut run the default for some time.

With the -1, you will get overlapping trades.  This one was doing very well except it took the same SL that the default took last week.  That is when I said enough and just running default with aggressive and recovery both on.

HTH,
Mark
Title: Re: MegaDroid...
Post by: robl45 on February 23, 2010, 04:35:09 PM
honestly you can't compare last week, that was exceptional news.

how would you set something on the 1/2 hour if you wanted to do that?  is it like gmt offset .5 or something.
Title: Re: MegaDroid...
Post by: dlewisfl on February 23, 2010, 04:56:31 PM
how would you set something on the 1/2 hour if you wanted to do that?  is it like gmt offset .5 or something.

Almost.

Shut off the automatic GMT switches and then add/subtract 0.5 to your current GMT offset.  e.g. If your current GMT Offset is 2, enter 1.5 if you would like it to start 1/2 hour earlier than normal.
Title: Re: MegaDroid...
Post by: Colleen on February 23, 2010, 10:45:52 PM
MIG Live - Megadroid 1.21 in Profit!!!

21354105    2010.02.23 22:00    buy    0.20    eurusd    1.35015    1.34594    1.35515    2010.02.23 22:31    1.35118    0.00    0.00    0.00    20.60

Colleen ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on February 24, 2010, 12:15:45 AM
same colleen full TP on 2 of my charts tonight and about 8 pips on another. Came out with 28/29 pips tonight. I am happy with that plus all my trades were doubled in size after last weeks losses. Obviously I have still not regained last weeks profits but I feel it will be done. MD has more to offer. Maybe MD standard would be a good idea to use on its own sometimes. We shall see what the future brings. Hammy keep your chin up and try not be so negative about MD. Yeah it had a loss or 2. If you think about it on standard MD it was only 1 loss. Nothing to cry about and MD often makes it back. Try not to go off track hammy you have given so much to this thread and especially FapT don't throw it all away over a few losses. I am going to keep running both MD and FapT.
More importantly now though I am going to learn how to trade manually hopefully retracements and news trading.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: hammy on February 24, 2010, 03:47:48 AM
Autotrader,
I always have my chin up, but thanks for the encouragement. It's not just MD, I am realizing that scalping is not very profitable because of the risk/reward ratio. I do not believe the EurUsd pair is a good pair for scalping, that's why I was mostly negative about MD, but FT in my opinion is a better scalper because of the pairs they have designed it to trade on plus the settings are better. I am getting more into manual trading now and EA's that trade long term for bigger profits. FT LT is good for me because one good trade nets 40 pips while it would take 10 good trades scalping to get 40 pips. I see you are also getting into manual trading more, good luck ! .. ;)

cheers ..  :)
Title: Re: MegaDroid...
Post by: dlewisfl on February 24, 2010, 02:53:48 PM
Winner on the -2 and +4 (demo) last night.  I had no trades on standard.
Title: Re: MegaDroid...
Post by: robl45 on February 24, 2010, 03:11:10 PM
-2 and default won for me last night.
Title: Re: MegaDroid...
Post by: Colleen on February 24, 2010, 11:17:59 PM
Megadroid on MIG Trades for me tonight... :)

1376077    2010.02.24 22:43    sell    0.20    eurusd    1.35442    1.36269    1.34942    2010.02.24 23:44    1.35384    0.00    0.00    -0.33    11.60
21377187    2010.02.24 23:51    sell    0.20    eurusd    1.35446    1.36125    1.34846    2010.02.24 23:56    1.35363    0.00    0.00    0.00    16.60

I scalped the second one - Aggressive Mode and the new candlestick on the hour was coming up and the Downward Impulse seemed to be fading so I exited with profit tonite...

Colleen ;)
Title: Re: MegaDroid...
Post by: jat41 on February 25, 2010, 04:03:27 PM
Has anyone ever tried using the -1, +1 charts together, minus default? Essentially the default chart with 1 hour extensions on both ends.

I can see how it would eliminate the more volatile 1st hour of the -2 chart, but I'm wondering about GMT 23-0.

I'm using -2 and default nowadays after having enough of the +4, +6 nonsense. Pretty happy, but the first part of -2 worries me - and I'm not going to overlap -1 with default after the events of last week.
 :D
Title: Re: MegaDroid...
Post by: robl45 on February 25, 2010, 04:06:44 PM
i'm still using +6 but not sure for how long. have -2 and default.  +4 hit stoploss again on demo account.
Title: Re: MegaDroid...
Post by: dlewisfl on February 25, 2010, 07:12:31 PM
10 pip winner on -2 chart today, opened right away and closed in 8 minutes.

My +4 on demo hit another SL last night ... I think if Ben ever updates ADT, +4 will be gonzo.  Worked well last year but terrible this year so far.

*** Edit ***
Three total winners on live yesterday, two on -2 for 17 pips and one on standard for 10 pips.  Oddly enough, my demo account at same broker didn't take any of these trades.  Could be because my live chart had a 1700 pip spike a few hours before MD started trading.  Demo account had 1-pip winner on +4 and 11-pip winner on +6.
Title: Re: MegaDroid...
Post by: DamBuster on February 26, 2010, 01:58:55 PM
No trades on Alpari UK live, default
Title: Re: MegaDroid...
Post by: robl45 on February 26, 2010, 02:34:09 PM
only trade I had was +6 last night.  made 35 bucks. 
Title: Re: MegaDroid...
Post by: mpetersrx7 on February 26, 2010, 04:47:52 PM
Only one trade on default for me for +3.7 pips. 

I have added back the -1 chart also.
Title: Re: MegaDroid...
Post by: michael on February 27, 2010, 12:07:26 AM
Is there any live stats for FXDD account available, please?
Title: Re: MegaDroid...
Post by: robl45 on February 27, 2010, 05:17:18 AM
i just did some backtesting, -2 and 0 are slamming since begining of year, the rest are crap, -2 did well on agressive true, I think -2 goes to aggressive true and +6 is going bye bye.  its just hit too many stops.
Title: Re: MegaDroid...
Post by: Colleen on March 01, 2010, 11:11:01 PM
Megadroid Magic on MIG in March!!!

21446583   2010.03.01 23:27   sell   0.20   eurusd   1.35701   1.36542   1.35201   2010.03.01 23:34   1.35601   0.00   0.00   0.00   20.00

Colleen ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on March 02, 2010, 12:39:05 AM
Megadroid Magic on MIG in March!!!

21446583   2010.03.01 23:27   sell   0.20   eurusd   1.35701   1.36542   1.35201   2010.03.01 23:34   1.35601   0.00   0.00   0.00   20.00

Colleen ;)

Hi Colleen,
same here 10 pips exactly for MD default wahoo go default!
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on March 02, 2010, 01:35:42 AM
anyone going to trade default on wed, thur ?.....think tues should be ok....-2 and default is all ive been trading lately and has been ok so far....but am a little worried about wed on....either trade at 1% or turn it off...next week so far is looking open according to the factory...
Title: Re: MegaDroid...
Post by: robl45 on March 02, 2010, 04:53:41 AM
i have -2 at 5% risk and agressive true and recovery true, default on 10% risk and same settings. + 6 is gone. I am leaving on all week.

donna is getting crappy results on megadroid, maybe she should trade it with the regular settings and ditch the ADT settings that clearly don't work.
Title: Re: MegaDroid...
Post by: someguy on March 02, 2010, 09:06:55 AM
I'll trade tonight and then turn of MD til next Tuesday. It might be a bit overcautious, but I feel that my appetite for risk is low right now.
Title: Re: MegaDroid...
Post by: dlewisfl on March 02, 2010, 06:13:15 PM
Attached are the results of my MD demo running 24/5 for the past three months (12 charts, 2 hours between GMT offsets, Aggressive Mode off).  Account lost money overall, it was profitable until the last week or two when two large losses took it into the red.  I've sorted the results by the Comment field so you should be able to see how each chart performed.  I'll create a summary at some point and post totals.

Broker was forex.com UK, spread varied from 0.9 - 2.9 during the demo.
Title: Re: MegaDroid...
Post by: dkmillion on March 02, 2010, 07:14:04 PM
What is going on that people want to turn off Megadroid on Wednesday??  I see no High Impact news on the calender during MD trading hours?  Am I missing something?  ???
Title: Re: MegaDroid...
Post by: robl45 on March 02, 2010, 08:40:12 PM
anyone know if megadroid will trade if its on two charts and both are set to aggressive?  my live -2 chart didn't take any trades today and I have default and -2 on agressive.  My demo of the same broker took 2 trades on -2 and only default on the demo is set to aggressive.
Title: Re: MegaDroid...
Post by: A on March 02, 2010, 11:01:59 PM
I think most robots are quiet these days - maybe rightly so?  Who knows...

Cheers
A
Title: Re: MegaDroid...
Post by: tlbone on March 03, 2010, 01:03:26 AM
didnt get any trades on -2 or default today...had to shake it a few times thinking mabee the marbles got stuck....im trading both on 1 chart and set to aggressive at this time.... ;D..only thing im worried about for weds and thurs is the usd non farm trading....just thinking may have to watch for any sharp trending if it even lasts up to or during droid trading times...thinking most of the meetings are earlier but ive been bit during times just because it had a strong trend going...and if aggressive is on it may try to jump into the wave anyway....i will be trading or at least watching it at that time since i will be off and able to do so...if it gets to wavy i will get out of it....is lots of usd meetings but just for everyone to keep an eye focused...ive been watching http://hefe2hefe.mt4stats.com/ (http://hefe2hefe.mt4stats.com/) and he seems to get good trades and showing that he got the big trades today so at least somebody traded...
Title: Re: MegaDroid...
Post by: robl45 on March 03, 2010, 01:08:09 AM
are you running both on agressive?
Title: Re: MegaDroid...
Post by: dlewisfl on March 03, 2010, 01:17:45 AM
What is going on that people want to turn off Megadroid on Wednesday??  I see no High Impact news on the calender during MD trading hours?  Am I missing something?  ???

Wondering the same thing myself.
Title: Re: MegaDroid...
Post by: KumoFX on March 03, 2010, 01:46:35 AM
Is there any live stats for FXDD account available, please?

I opened a live account with FXDD over the weekend with a $300 deposit and will only be trading Megadroid with that account.

You can view my stats here:

http://bionicforex.mt4stats.com/ (http://bionicforex.mt4stats.com/)

Although it's not going to tell you much yet as it only took one trade for 10 pips profit yesterday.
Title: Re: MegaDroid...
Post by: michael on March 03, 2010, 01:59:11 AM
I opened a live account with FXDD over the weekend with a $300 deposit and will only be trading Megadroid with that account.

You can view my stats here:

http://bionicforex.mt4stats.com/ (http://bionicforex.mt4stats.com/)

Although it's not going to tell you much yet as it only took one trade for 10 pips profit yesterday.
Great start!

May ask you what settings you use, please?


1. Agressive; 2. RiskLevel; and 3. RecoveryMode?
Title: Re: MegaDroid...
Post by: KumoFX on March 03, 2010, 02:09:28 AM
1. Agressive - False

2. RiskLevel - .16

3. RecoveryMode - False

I installed it with a more conservative approach as I am not looking to get rich overnight with robots. I am looking for a consistent growth and these settings seemed to give me that on my back tests.
Title: Re: MegaDroid...
Post by: robl45 on March 03, 2010, 03:54:22 AM
16% of your account on each trade seems like a lot.
Title: Re: MegaDroid...
Post by: KumoFX on March 03, 2010, 04:30:48 AM
If I only had one account yes, that would be way too much.

But this is a small $300 account and each trade is only .5% of my total forex trading equity.
Title: Re: MegaDroid...
Post by: dlewisfl on March 03, 2010, 08:42:38 PM
10-pip winner on -2 chart today.
Title: Re: MegaDroid...
Post by: robl45 on March 03, 2010, 09:50:20 PM
I only got 9 pips on -2. I want a refund :)
Title: Re: MegaDroid...
Post by: Trade It Easy on March 04, 2010, 01:07:09 AM
I got 19.5 pips so there! lol yes rob you definitely should get a refund  ;D
Title: Re: MegaDroid...
Post by: dkmillion on March 04, 2010, 09:21:40 AM
Autotrader, it looks like -2 is the only gmt offset chart that works?
Title: Re: MegaDroid...
Post by: robinkm on March 04, 2010, 12:06:29 PM
don't get too excited...i did haha!! i had been  running megadroid since the start and adt from the start too, i have gone though three cycles over 9 months..3 months of consistant profits (and getting very excited) then everything being wiped out over a day or so with stop losses.....luckily i haven't lost anything (i don't think)...but i haven't made anything either (for definite)...tread with caution
Title: Re: MegaDroid...
Post by: Trade It Easy on March 04, 2010, 12:29:28 PM
Autotrader, it looks like -2 is the only gmt offset chart that works?

Yes it does seem that way. I run +7 at minimal risk, it has hit one SL so far but is still up. We all just need to keep demo ing the ADT setup or similar setups so when they do start performing well everyone can just put it back on and then hopefully we will get a positive 'cycle'
yes robinkm you are probs right. For now pips are still slowly coming in. Default still out performs most charts. Has anyone set -2 to aggressive true? If so tell me your experiences. I know it back tests well but I want to know if the forward tests have been good too.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on March 04, 2010, 01:00:02 PM
ive been running my demo with all adt on...but keep ea off until i see price action is close to being consolidated and graph is close to being horizontal and no heavy trends i turn on ea ...but seems last night looked to be a good night for such but didnt get any trades on the demo....its been on all morning also...but nothing so far....sometimes even with everything on nothing trades....believe i only had 1 live droid trade last night and that was at 20:46....with -2....no default trades...ive seen some good horizontal trading for the longest time and adt wont even kick in....
Title: Re: MegaDroid...
Post by: robl45 on March 04, 2010, 03:05:34 PM
i have -2 set to aggessive true on live account. just did it and it took one trade so far, we will see what happens.

Autotrader, it looks like -2 is the only gmt offset chart that works?

Yes it does seem that way. I run +7 at minimal risk, it has hit one SL so far but is still up. We all just need to keep demo ing the ADT setup or similar setups so when they do start performing well everyone can just put it back on and then hopefully we will get a positive 'cycle'
yes robinkm you are probs right. For now pips are still slowly coming in. Default still out performs most charts. Has anyone set -2 to aggressive true? If so tell me your experiences. I know it back tests well but I want to know if the forward tests have been good too.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: tlbone on March 04, 2010, 03:22:10 PM
on my charts -2 trades around 19-21:00gmt....

20:00gmt-heavy trending this late in the day...usd/7.5%-eur/2.3% price action...still a bumpy ride...(http://)

gee made a whole 1pip....took 3 hrs to make that 1 pip...times are tuff  ;)
Title: Re: MegaDroid...
Post by: Colleen on March 05, 2010, 01:02:53 AM
Profit for me tonite on MIG LIVE!

21513028   2010.03.04 22:00   sell   0.20   eurusd   1.35895   1.37121   1.35395   2010.03.04 23:16   1.35822   0.00   0.00   -0.11   14.60

7 Pips won tonite here... Profit is Profit!!! :)

I think I start 1 hour ahead of time here though at 4pm EST - I thought this bot started trading at 5pm EST - so far so good with this setting though...

My GMT offset is 0.0, AutoLocalGMTOffset is true, AutoServerGMTOFFSET is true...

Profit most of the time with the Magical Megadroid 1.21...

Colleen ;)

Title: Re: MegaDroid...
Post by: Trade It Easy on March 05, 2010, 01:33:02 AM
wahoo 12.5 pips for me lol. As I have a very small account my winnings aren't as big as colleens but someday they will!!! I am really trying to focus on manual trading at the moment so I can actually trade in the future when these robots become obsolete.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: robl45 on March 05, 2010, 03:19:19 AM
3 on -2 agressive for me tonight and one on default.  default trade was like 10 pips, 1 other trade like 8 pips and the other 2 about break even.  not a bad night.
Title: Re: MegaDroid...
Post by: tlbone on March 05, 2010, 11:24:21 AM
alright now...i feel left out....thinking my broker is holding out on me now....had all the doors open and no treats...just 1pip....alpari us.... ???
Title: Re: MegaDroid...
Post by: fumducker81 on March 05, 2010, 03:38:08 PM
I got 9.6 pips on Alpari US last night on default with agressive true.  I am thinking about changing brokers soon though to someone based in the UK so I can get rebates and don't have to deal with all the crazy NFA stuff.
Title: Re: MegaDroid...
Post by: dkmillion on March 05, 2010, 03:54:14 PM
I see Alpari offers a $50 deposit if you open an account in March, but I am not sure if you will get this when you open an account through an ib, Colleen can you perhaps advise?
Title: Re: MegaDroid...
Post by: robl45 on March 05, 2010, 04:07:09 PM
I got 9.6 pips on Alpari US last night on default with agressive true.  I am thinking about changing brokers soon though to someone based in the UK so I can get rebates and don't have to deal with all the crazy NFA stuff.

i believe both collective and jade are not subject to those rules. I know collective isn't.  But no rebates.  I was thinking of fxcm uk or tadawul for the rebates but that really only makes sense if you are trading other peoples money, otherwise, you get rebates and worse spreads, not really worth it.
Title: Re: MegaDroid...
Post by: fumducker81 on March 05, 2010, 06:01:12 PM
I was looking at FXCM UK, but hadn't looked at the spreads.  How bad are they? 
Title: Re: MegaDroid...
Post by: robl45 on March 05, 2010, 07:10:54 PM
at least 1 pip higher on eurusd then the collective. the spreads aren't necessarily bad but a two pip fixed broker would probably get you better spreads then fxcm uk.  also, the reviews say their mt4 bridge is not great.  I might open an fxcm uk account to get rebates and trade a longerterm strategy, but I don't know how well it would do with megadroid.
Title: Re: MegaDroid...
Post by: dlewisfl on March 09, 2010, 10:18:47 PM
10-pip winner yesterday on -2 chart, 10-pip winner tonight on default chart
Title: Re: MegaDroid...
Post by: tlbone on March 09, 2010, 10:49:18 PM
again no trades on -2 adt or default...nice somebody is getting trades.. :P
Title: Re: MegaDroid...
Post by: Trade It Easy on March 10, 2010, 12:58:28 AM
1 10 pip winner for me tonight. Trying to concentrate on manual trading mainly at the mo
Title: Re: MegaDroid...
Post by: tlbone on March 10, 2010, 11:41:26 AM
noticed adt is trading +4 and +6 again....will have to look into this....hard to judge from other traders results because of broker differences....seems alpari u.s. has not been trading lately and others are so....shouldnt be any requote probs during that time of day since vol is very low at that time...
Title: Re: MegaDroid...
Post by: robl45 on March 10, 2010, 12:31:48 PM
+4 and +6 had too many stop losses when I ran it on demo and live.  ADT has to run something different, otherwise what is the guy charging for? :)
Title: Re: MegaDroid...
Post by: tlbone on March 10, 2010, 12:37:23 PM
yes....it will run any times but need to find something my broker is trading....seems im getting locked out of too many trades....donna seems to be doing good with her -2, default, +2, +4 but then its prob just the broker....ive seen when the markets are consolidated and couldnt even get a trade going with adt....should be able to trade just about anytime when the conditions are ripe...gee all im looking for is 1-2 trades ea day but i guess thats asking too much in this time of volatility....im always looking for a manual trade on my demo...but cant seem to get the hang of that yet...i fig if a person cant do good on the demo maybee they shouldnt spend anytime trading with a live account...ive been hanging in here for a year trying to fig all this out and like alot of traders have lost half if not most of their investment trying to learn....just another casualty of trading....
Title: Re: MegaDroid...
Post by: Incaboy on March 10, 2010, 11:58:48 PM
So far so good with MD -- like dlewisfl I made a few pips last night. What worries me is that it seems to have a major loss about once a month to wipe away all the earnings. We are about due.  :-\
Title: Re: MegaDroid...
Post by: Trade It Easy on March 11, 2010, 12:07:36 AM
Overall MD must still be well up on pips. So there may be people out there who have strictly only used MD on their account and made money. However our brains just want to go that little further and we end up hitting the self destruct button a few too many times. For now I am still running MD along side a couple of other eas but my main focus will be on manual trading around my day job.
1 win for me so far on MD tonight: +7.5 pips.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: Robot PiP Denarii on March 11, 2010, 12:16:48 AM
I heard that ;D
I think Gordon Gekko summed it up best when he said "The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind."  Referenced in "Wall street"(1987) credit goes to Oliver Stone.
Title: Re: MegaDroid...
Post by: dlewisfl on March 11, 2010, 01:08:56 AM
For now I am still running MD along side a couple of other eas but my main focus will be on manual trading around my day job.  1 win for me so far on MD tonight: +7.5 pips.
Regards
Autotrader

I had two winners tonight: 11 pips on the -2 chart and 10 pips on default.
Title: Re: MegaDroid...
Post by: dlewisfl on March 11, 2010, 01:25:06 AM
noticed adt is trading +4 and +6 again....will have to look into this....hard to judge from other traders results because of broker differences....seems alpari u.s. has not been trading lately and others are so....shouldnt be any requote probs during that time of day since vol is very low at that time...

I logged into the ADT members site ... he had a blurb out there in late February on how the +4 and +6 do not do well in the volatile conditions.  Don't see where he turned it back on (or shut it off, for that matter).
Title: Re: MegaDroid...
Post by: tlbone on March 11, 2010, 01:33:18 AM
had 1 trade tonight at 20:10 for 10pips....no default....only testing the +4, +6 on demo only....just to see if my broker is keeping up with any of the other brokers tradings around that time....ive put most of the far out there trading times with adt in the closet since most of the back tests were ' far out there '....but when i see them doing ok on another broker then i drag them out for a dusting off with the demo duster..
Title: Re: MegaDroid...
Post by: Colleen on March 11, 2010, 12:54:20 PM
Megadroid Magic on MIG...

21598357   2010.03.10 22:15   sell   0.20   eurusd   1.36622   1.37040   1.36122   2010.03.10 23:36   1.36567   0.00   0.00   -0.33    11.00

I scalped this ones profit for me though... my Demo scored a price similar to this one though...

Colleen ;)
Title: Re: MegaDroid...
Post by: robl45 on March 11, 2010, 04:07:35 PM
my droid been doing okay with -2 chart lately.  default hasn't hardly taken any trades
Title: Re: MegaDroid...
Post by: fumducker81 on March 11, 2010, 05:04:54 PM
my droid been doing okay with -2 chart lately.  default hasn't hardly taken any trades

I stopped running ADT around the end of January when the last e-mail was sent out.  I am pretty sure he said he will be updating it and releasing a new version soon and that it didn't do well one month, which I took to mean Feb.  I decided not to run any of the ADT stuff until the new version is released, and default has barely been making trades.  I got a half pip on 3/9 and that's it this week.  So long as I can avoid more stop-losses I am ok with 1-2 trades a week.
Title: Re: MegaDroid...
Post by: tlbone on March 11, 2010, 10:47:19 PM
no trades for -4, -2, or default tonight..looking at the chart its looking good for trades but megdroid dont want to play again....demo hasent takin a trade since i started it today around 11:00 gmt...nothing all afternoon or evening...see what it will do with the asian...
Title: Re: MegaDroid...
Post by: mikebondi on March 12, 2010, 04:52:33 AM
how have folks been doing with adt settings lately. i am not running my megadroid or any other bots. i have been thinking about setting md with adt back up. any imput on the performance lately.

mike
Title: Re: MegaDroid...
Post by: dlewisfl on March 12, 2010, 05:04:40 AM
how have folks been doing with adt settings lately. i am not running my megadroid or any other bots. i have been thinking about setting md with adt back up. any imput on the performance lately.

mike

The -2 and standard charts have done very well lately.  Been a rough year for +4 and +6, many have stopped uisng them.
Title: Re: MegaDroid...
Post by: tlbone on March 12, 2010, 09:54:35 AM
not for sure whats up with adt on my system ....seems its trading for everyone else.....am i the only one without any trades ?....seems im thinking ive only had maybe 1 or 2 trades total this week....something must be wrong here...trying to find out if its my broker or my adt....but then even my demo wont trade...that is very strange since its always traded before...demo wont take any trades anymore....ive set all times to true and wont even get a bite....ive always restarted all the programs everyday....i run 2 copies of mt4 and never really had a prob like this before...
Title: Re: MegaDroid...
Post by: reinerh on March 12, 2010, 06:47:05 PM
how have folks been doing with adt settings lately. i am not running my megadroid or any other bots. i have been thinking about setting md with adt back up. any imput on the performance lately.

mike

The -2 and standard charts have done very well lately.  Been a rough year for +4 and +6, many have stopped uisng them.


-2 nailed me last night, but been mostly good to me too for the year so far, so no complaints.
i had a hunch by the weird behaviour last night.............
Title: Re: MegaDroid...
Post by: mpetersrx7 on March 12, 2010, 06:59:57 PM
not for sure whats up with adt on my system ....seems its trading for everyone else.....am i the only one without any trades ?....seems im thinking ive only had maybe 1 or 2 trades total this week....something must be wrong here...trying to find out if its my broker or my adt....but then even my demo wont trade...that is very strange since its always traded before...demo wont take any trades anymore....ive set all times to true and wont even get a bite....ive always restarted all the programs everyday....i run 2 copies of mt4 and never really had a prob like this before...

Same here.  Only a couple trades earlier this week.  Nothing since the 9th.

Title: Re: MegaDroid...
Post by: dlewisfl on March 12, 2010, 11:06:43 PM
-2 nailed me last night, but been mostly good to me too for the year so far, so no complaints.
i had a hunch by the weird behaviour last night.............

Guess I should be happy that my broker (forex.com UK) was down for a good portion of yesterday.  The good news is that they are installing new servers this weekend for better performance.  May keep MD shut down for a week or two to make sure trading works properly with new servers.

I will be compiling stats this weekend from my three month 24/5 demo run.  I plan on setting up another demo soon trading everything shifted by 1 hour.  Will also setup aggressive vs. non-aggressive to see how it goes.
Title: Re: MegaDroid...
Post by: Gordon on March 15, 2010, 03:27:00 PM
Hi Folks,

I hope you can help me. I recently stopped using Forex Megadroid because Megadroids servers
would not make the necessary connection to ForexVPS.

I contacted both organisations and they blamed each other, which still didn't resolve the problem
for me.

Can anyone advise a good alternative to ForexVPS, that they are currently using with Megadroid
and that is about the same monthly fee ($35).

Thanks in advance,

Gordon
Title: Re: MegaDroid...
Post by: Star on March 15, 2010, 05:48:03 PM
I am using CNS and happy with them.Give them a try.
Title: Re: MegaDroid...
Post by: Forex-test on March 15, 2010, 07:59:03 PM
VPSLand (http://vpsland.com) is very stable with effective and quick support. I have been using it for years.
Title: Re: MegaDroid...
Post by: tlbone on March 15, 2010, 09:22:01 PM
would think would have had some trades by now....going sideways...no adt either...
Title: Re: MegaDroid...
Post by: Gordon on March 15, 2010, 09:30:36 PM
Thanks to you both, Star and Forex-test. Karma to each of you.

With VPSLand, which plan do you use for Megadroid, please?

TIA,

Gordon
Title: Re: MegaDroid...
Post by: Colleen on March 15, 2010, 11:28:36 PM
Megadroid Magic on my Live MIG account tonite!

21657619   2010.03.15 23:10   sell   0.20   eurusd   1.36798   1.37284   1.36198   2010.03.16 00:20   1.36748   0.00   0.00   0.00   10.00

5 Pips Profit here!

Colleen ;)
Title: Re: MegaDroid...
Post by: peterc005 on March 15, 2010, 11:36:15 PM
I just picked up 5 pips too on Megadroid SELL EUR/USD. MD is reliable, if slow.

I'm stuck with a couple of large short EUR/USD positions from FAP Turbo. The fact that MD also went short gives me optimism these positions will close out ok too.
Title: VPSLand
Post by: Forex-test on March 16, 2010, 07:27:49 AM
I use a Value VPS plan.

Thanks to you both, Star and Forex-test. Karma to each of you.

With VPSLand, which plan do you use for Megadroid, please?

TIA,

Gordon
Title: Re: MegaDroid...
Post by: tlbone on March 16, 2010, 11:33:14 AM
no trades last night at all....looks like maybee another dry week for megadroid on my block....looked good an horizontal last night....all those fish in the water but no bites..
Title: Re: MegaDroid...
Post by: Hansen on March 16, 2010, 12:03:05 PM
change broker, perhaps, tlbone ;)

edit: what broker are you with anyway?

Thanks

hansen
Title: Re: MegaDroid...
Post by: tlbone on March 16, 2010, 12:28:51 PM
well ive been with alpari us for about a year...seems the trades are slowly dissapearing but thinking it was just the economic times with the slowing down....
Title: Re: MegaDroid...
Post by: DamBuster on March 16, 2010, 01:12:57 PM
No trade on Alpari UK live or demo (default) last night either
Title: Re: MegaDroid...
Post by: dlewisfl on March 16, 2010, 01:29:20 PM
FOMC today ... usually a good idea to shut down MD for the potential increased volatility.

******
Edit: just received e-mail from ADT creator reminding people to shut down for FOMC.  He's got a replacement chart for +4 and +6 and will be sending out new risk tables shortly.  He's also working on something to block MD from trading on FOMC days (so you won't have to manually unload it) using info downloaded from Forex Factory.  He's testing tonight to verify it works.
******
Title: Re: MegaDroid...
Post by: Istherehope on March 16, 2010, 01:36:15 PM
Alpari Uk trade yesterday for a small 4 pip profit on default
Title: Re: MegaDroid...
Post by: tlbone on March 16, 2010, 07:04:24 PM
running demo...very strange...last 5 hrs...droid took a trade on ea hour using adt and all good trades...because volitility was extreme i guess it traded....cant even keep up with how it reasons....
Title: Re: MegaDroid...
Post by: eduardoellery on March 17, 2010, 12:43:01 AM
Hi Guys,

Anyone here changed from FAPTURBO do Megadroid?

I'd like to see published results from MD!

Cheers!
Title: Re: MegaDroid...
Post by: tlbone on March 17, 2010, 01:03:34 AM
well ole megbone finally took a trade....10piper....it seems to like the volatility....my dem adt took 5 trades within 5 of the highest volatility trades and were all winners....seems the higher the volatility the quicker it would trade...alpari u.s. ::)
Title: Re: MegaDroid...
Post by: DamBuster on March 17, 2010, 07:10:17 AM
March 16, took a profitable trade on Alpari UK live and demo :)
Title: Re: MegaDroid...
Post by: dkmillion on March 17, 2010, 12:23:06 PM
I see Fed chairman is speaking later today, wonder if it will influence Megadroid? 
Title: Re: MegaDroid...
Post by: yidrasil on March 17, 2010, 12:28:44 PM
8 out of 10 Bernake speeches introduce volatiluity into the USD markets. I'm sitting this one out.
Title: Re: MegaDroid...
Post by: dlewisfl on March 17, 2010, 11:53:34 PM
ADT 2010 just released tonight.
Title: Re: MegaDroid...
Post by: robl45 on March 18, 2010, 12:31:32 PM
i had a full stop on -2 yesterday, no trades on default.  I would have sat it out, but since it runs at home, I couldn't turn it off.
Title: Re: MegaDroid...
Post by: Gordon on March 18, 2010, 04:32:00 PM
VPSLand (http://vpsland.com) is very stable with effective and quick support. I have been using it for years.

Hope you can help some more.

I have taken out the plan you suggested, but trying to get things set up is a bit slow.

I have asked support for help and on most things they have been good.

I am now able to login to my Parallels Business Applications. :)

I can access my Remote desktop. :)

But.... I cannot find any reference to Metatrader 4. I cannot find any file manager or any
way to upload Metatrader, or Megadroid. I presume that is done via the Parallels site, but how?

I don't have a lot of hair left on my head and the rate at which I am tearing it out,  the rest will
be gone soon  ;)

Can you help, please?

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: dkmillion on March 18, 2010, 08:00:02 PM
If you want to download Metatrader why don't you just go into the Internet Explorer and access you Metatrader download link from your broker's web site?  That is what I do!
Title: Re: MegaDroid...
Post by: tlbone on March 18, 2010, 11:58:16 PM
seems the fomc day trades good but its the day after that seems to be getting the s/l....this happend to me also last month on the day after...everyone plays it safe on fomc day then they start up trading the day after causing uptrending motions....
Title: Re: MegaDroid...
Post by: Gordon on March 19, 2010, 09:04:05 AM
If you want to download Metatrader why don't you just go into the Internet Explorer and access you Metatrader download link from your broker's web site?  That is what I do!

duh! :-[  Why didn't I think of that? It wasn't just a senior moment that I was having, more like
a senior day, or two!  :D

Thanks for your input. It took me no more than 5 minutes to have everything up and running.
I had a good trade with 7.5 pips profit.

Cheers,

Title: Re: MegaDroid...
Post by: NedKelly on March 23, 2010, 11:26:10 PM
MD, having slowly worked back all the loss it made since the market dumped on the 18th is repeating the same mistake again on my account. It just went long  and has lost about $100 in 15 mins. Will it never learn?
Title: Re: MegaDroid...
Post by: robl45 on March 24, 2010, 01:46:56 AM
i'm with ya, the other day I had a stoploss on -2, then a win today on that chart, and a stoploss today on the main default chart.
Title: Re: MegaDroid...
Post by: NedKelly on March 24, 2010, 06:50:51 AM
i'm with ya, the other day I had a stoploss on -2, then a win today on that chart, and a stoploss today on the main default chart.

Where do you set the stop loss as -2 ? It doesn't show on my MD options
Title: Re: MegaDroid...
Post by: DamBuster on March 24, 2010, 06:53:17 AM
MD, having slowly worked back all the loss it made since the market dumped on the 18th is repeating the same mistake again on my account. It just went long  and has lost about $100 in 15 mins. Will it never learn?

Ned, I had no trades (and therefore no losses, phew) on Alpari UK live or demo, who are you with?
Title: Re: MegaDroid...
Post by: zneve08 on March 24, 2010, 07:14:19 AM
Weird, I have gotten 2 winners with -2 yesterday and a -2 winner tonight.
Title: Re: MegaDroid...
Post by: NedKelly on March 24, 2010, 07:33:43 AM
MD, having slowly worked back all the loss it made since the market dumped on the 18th is repeating the same mistake again on my account. It just went long  and has lost about $100 in 15 mins. Will it never learn?

Ned, I had no trades (and therefore no losses, phew) on Alpari UK live or demo, who are you with?

AxisODL. 

Stats here:-  http://nedkellymdlive.mt4live.com/

Title: Re: MegaDroid...
Post by: DamBuster on March 24, 2010, 09:30:22 AM
MD, having slowly worked back all the loss it made since the market dumped on the 18th is repeating the same mistake again on my account. It just went long  and has lost about $100 in 15 mins. Will it never learn?

What broker are you with Ned?
Title: Re: MegaDroid...
Post by: NedKelly on March 24, 2010, 09:33:58 AM
AxisODL
Title: Re: MegaDroid...
Post by: DamBuster on March 24, 2010, 09:40:44 AM
Ned, if this was on your default chart and nobody else reports a SL trade then I think your broker may be hunting... time to change?
Title: Re: MegaDroid...
Post by: NedKelly on March 24, 2010, 11:10:56 AM
Ned, if this was on your default chart and nobody else reports a SL trade then I think your broker may be hunting... time to change?

I don't see that it's the broker, I have checked the journal and MD clearly shows it sent a market order at 8:08:10.

08:08:10 '------': order buy market 0.44 EURUSD sl: 0.00000 tp: 0.00000
08:08:10 '------': request was accepted by server
08:08:10 '------': request in process
08:08:10 '------': order was opened : #12343710 buy 0.44 EURUSD at 1.34921 sl: 0.00000 tp: 0.00000
08:08:11 '------': modify order #12343710 buy 0.44 EURUSD at 1.34921 sl: 0.00000 tp: 0.00000 -> sl: 1.34483 tp: 1.35396
08:08:11 '------': request was accepted by server
08:08:11 '------': request in process
08:08:11 '------': order #12343710 buy 0.44 EURUSD at 1.34921 was modified -> sl: 1.34483 tp: 1.35396


Since I am in Australia the GMT time was 22:08. It then hit the SL just over 3 hours later and was filled at the price.

Did no one else have a trade?
Title: Re: MegaDroid...
Post by: DamBuster on March 24, 2010, 11:33:36 AM
Brokers know how MD trades and what criteria it uses to enter a trade. It is then "theoretically" possible to manipulate the pirce feed to trick MD into entering a trade... (also applies to exit etc.)

Lets see if anyone else responds who may have also had a SL trade or in fact, any trade
Title: Re: MegaDroid...
Post by: robl45 on March 24, 2010, 12:34:02 PM
i had a stoploss on default yesterday too and my broker doesn't hunt for sure. I'm with the collectivefx.
Title: Re: MegaDroid...
Post by: DamBuster on March 24, 2010, 12:38:48 PM
OK, robl45's trade would confirm the "no hunt" theory so it's over to the pro's to suggest an answer as to why some traded and hit SL and other did not trade and avoided it
Title: Re: MegaDroid...
Post by: robl45 on March 24, 2010, 12:58:43 PM
megadroid trades funny, not sure what it does, but i can tell you that I have demo and live account with collectivefx, the demo and live both took megadroid trades yesterday, the live got a better fill then demo, but demo had a wider stoploss than the live.

my baronfx demo runs megadroid as well and picked up no trades.  I think the ecn/stp brokers pick up more trades.  i also missed the stoploss on 2/18 that most people got on my live account, but my demo account at collective fx picked up that stoploss where my live account made like 2 trades and had an awesome day.
Title: Re: MegaDroid...
Post by: DamBuster on March 24, 2010, 01:04:45 PM
Hmmm, maybe it something to do with the mysterious RCPTA  ;)
Title: Re: MegaDroid...
Post by: Trade It Easy on March 24, 2010, 04:42:12 PM
I had a trade last night on live. I had turned MD off but thought hey ill try it with a small bet. My main focus is now on manual trading which so far has gone well. At this rate ill be financially independent from forex alone by the time I am 25! Anyway back to MD yeah I got a trade that took about 3 pips! and my demo account didn't trade.
Regards
Autotrader
Title: Re: MegaDroid...
Post by: mpetersrx7 on March 24, 2010, 05:03:21 PM
Mine hit SL on default chart last night also.  PrimeBankForex broker.

I noticed it tried several times earlier to open a trade but the spread was too great.  Finally opened at 23:08.

Mark
Title: Re: MegaDroid...
Post by: NedKelly on March 24, 2010, 11:28:27 PM
I am beginning to worry about MD. :o It has opened another 2 positions (short this time) and it's down another $50 so far. I suppose time will tell.
Title: Re: MegaDroid...
Post by: robl45 on March 25, 2010, 02:08:35 AM
yes, this is not good, it might take two losses in a row, but from the back tests and every forward test I've seen, megadroid always at leasts  breaks even so I'm not too worried.
Title: Re: MegaDroid...
Post by: Robot PiP Denarii on March 25, 2010, 02:10:05 AM
Over my dead body MD's going to SL on me. ;D
Title: Re: MegaDroid...
Post by: dlewisfl on March 25, 2010, 02:49:58 AM
My live account (forex.com UK) had a 10-pip winner on -2 yesterday, 2-pip winner on -2 and 3-pip winner on standard today.

I'm running the new ADT MD mod on a demo account at FXcbs.  This mod stops MD from trading on FOMC news days based on FF calendar.  You can also shut it off by individual months (these months provided by ADT creator for each chart).  Basically, the mod allows you to run it 24/5 and not have to worry about shutting it down during certain news events.  It took a S/L yesterday, had two winners today.  I'm only running it on standard chart at the moment.
Title: Re: MegaDroid...
Post by: NedKelly on March 25, 2010, 06:00:17 AM
My live account (forex.com UK) had a 10-pip winner on -2 yesterday, 2-pip winner on -2 and 3-pip winner on standard today.

I'm running the new ADT MD mod on a demo account at FXcbs.  This mod stops MD from trading on FOMC news days based on FF calendar.  You can also shut it off by individual months (these months provided by ADT creator for each chart).  Basically, the mod allows you to run it 24/5 and not have to worry about shutting it down during certain news events.  It took a S/L yesterday, had two winners today.  I'm only running it on standard chart at the moment.

What's -2?

Title: Re: MegaDroid...
Post by: DamBuster on March 25, 2010, 06:02:22 AM
Ned, go here: http://www.droidtactics.com/
Title: Re: MegaDroid...
Post by: DamBuster on March 25, 2010, 06:04:26 AM
MD Trades 24.03.2001

Trade 1: -0.8 pips
Trade 2: +1.4 pips

Result: +0.6 pips

Think I'll go buy a tick-tack...
Title: Re: MegaDroid...
Post by: NedKelly on March 25, 2010, 07:59:09 AM
Thanks for the info Dambuster. It looks like the site is closed now though.
Title: Re: MegaDroid...
Post by: DamBuster on March 25, 2010, 08:00:57 AM
Ned, you can register to be notified for when it reopens :)
Title: Re: MegaDroid...
Post by: robl45 on March 25, 2010, 12:49:11 PM
well my trade closed at breakeven yesteryday, better than a loss.
Title: Re: MegaDroid...
Post by: Colleen on March 25, 2010, 01:57:24 PM
Wednesday Nite trading with Megadroid 1.21 on my MIG account...

21817318 2010.03.24 22:54 sell 0.20 eurusd 1.33255 1.34772 1.32755 2010.03.25 00:45 1.33252 0.00 0.00 -0.20 0.60

Profit is good with the way the Eur/Usd has been moving, the RCTPA opted for this small trade for me but this smart bot did find profit for me!

Colleen ;)
Title: Re: MegaDroid...
Post by: NedKelly on March 25, 2010, 08:34:12 PM
well my trade closed at breakeven yesteryday, better than a loss.

Mine made 0.70 of a pip. That about pays for the electricity the computer has used the last few days.
Title: Re: MegaDroid...
Post by: Colleen on April 01, 2010, 11:42:12 AM
Hello Julian,

The Megadroid Pro came out but only to FapTurbo Evolution purchasers and so I waited to see when this bot would be available to purchase and it hasn't come out onto the market.

And then there's the Swissy Accu-Scalper that has been offered as a "freebie" when folks purchase other eas or systems but us Megadroid traders still cannot access this one either.

I asked the Megadroid Support how to acquire these 2 systems and here's part of my question and their reply to me...

Why isn't the Swissy Accu-Scalper being offered to Megadroid subscribers? If it can be FREE elsewhere, don't we deserve a chance to work with this bot too? And if FREE isn't in the plans, then where can we purchase this one?

I have been getting this question from many traders asking, "How do I get a hold of the Megadroid Pro and the Swissy Accu-Scalper?" and all I can say is - contact Megadroid Support and ask... and so here I am too, asking... Can't Albert and John offer something to us loyal Megadroid traders?

I would really like to get a copy of the Swissy Accu-Scalper though... please help...

Colleen...


Hi Colleen

We're currently looking at offering EAs such as Swissy & Pro to existing owners at reduced prices though it will often be the case that the lowest priced option will be to purchase the promoted product and obtain the EAs as a bonus - either way, keep an eye out for updates regarding this.

And so we shall have to wait and see when and if we can access these bots...

The Swissy Accu Scalper can be purchased if you buy the Forex Steal Pips through the Megadroid Gurus' link...

And I'm still waiting for Megadroid Pro to become available to us regular traders out here...

Colleen ;)
Title: Re: MegaDroid...
Post by: tlbone on April 06, 2010, 11:06:37 PM
wow....megadroid demo took a trade  :o...thought maybee it forgot how to trade....havent had a live trade in so long forgot it was even running... ::) still beats my .75% credit union savings account.... ;D
Title: Re: MegaDroid...
Post by: NedKelly on April 06, 2010, 11:10:54 PM
What was the trade? My live version has done nothing.
Title: Re: MegaDroid...
Post by: peterc005 on April 06, 2010, 11:17:10 PM
No MD trade here either :-(
Title: Re: MegaDroid...
Post by: tlbone on April 06, 2010, 11:53:08 PM
demo.....04.06 21:00....sell....eurusd....1.33934....1.33919...23:50....1.5p

alpari u.s.
Title: Re: MegaDroid...
Post by: DamBuster on April 07, 2010, 05:49:52 AM
tbone, with which broker?
Title: Re: MegaDroid...
Post by: Gordon on April 07, 2010, 10:05:19 PM
No trade on my live account since March 24th.  :(

Title: Re: MegaDroid...
Post by: peterc005 on April 08, 2010, 01:09:52 AM
Same here. Must be on annual leave.
Title: Re: MegaDroid...
Post by: A on April 08, 2010, 11:18:44 AM
MD knows what it is doing - if you look at the market today/yesterday; it is very wise to stay out; so MD is correct.

Good Robot!  Not a Junk... ;)
Title: Re: MegaDroid...
Post by: DamBuster on April 08, 2010, 11:58:10 AM
Agree with "A", Megadroid is being Megacautious but cautiousness, although boring at times, will bring the positive pips in due course :)
Title: Re: MegaDroid...
Post by: robl45 on April 08, 2010, 01:36:28 PM
i got 2 trades on -2 last night, one ended in stoploss, I think its just about time to go back to default.
Title: Re: MegaDroid...
Post by: robl45 on April 09, 2010, 12:24:05 AM
I got a default chart megadroid trade today.
Title: Re: MegaDroid...
Post by: DamBuster on April 09, 2010, 08:06:20 AM
robl45, nothing on Alpari UK live :(

What broker are you using and did you get a profit or loss?

TIA
Title: Re: MegaDroid...
Post by: DamBuster on April 09, 2010, 08:24:52 AM
Julian, that's wierd, I got nothing on Alpari UK live classic account
Title: Re: MegaDroid...
Post by: someguy on April 09, 2010, 09:05:00 AM
Julian, that's wierd, I got nothing on Alpari UK live classic account

I got nothing on Alpari UK micro, Forex.com/UK standard, Jade FX or The Collective FX. MD really has shut down for me it seems. I appreciate that it is low frequency and high hit rate, but it would be nice of it to trade now and then...
Title: Re: MegaDroid...
Post by: Istherehope on April 09, 2010, 10:39:11 AM
small loss on Alpari UK micro for me and small profit on Forex.com demo ::)
Title: Re: MegaDroid...
Post by: robl45 on April 09, 2010, 12:18:16 PM
trade was on collective fx, ended up being small loss.
Title: Re: MegaDroid...
Post by: fx50 on April 09, 2010, 12:30:05 PM
droid traded on IBFX, CFX, Gallant last nite live,  gallant lost a pip the others made a pip, the only trades this week.
Title: Re: MegaDroid...
Post by: Gordon on April 09, 2010, 12:40:48 PM
0.7 of a pip loss Alpari UK live Micro account. Not complaining.

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: miclai on April 13, 2010, 08:20:38 AM
anyone tried to test/backtest ADT default+5?
Title: Re: MegaDroid...
Post by: DamBuster on April 13, 2010, 08:24:46 AM
13.04.10, Alpari UK classic live, 8.5 pip winner :)
Title: Re: MegaDroid...
Post by: Gordon on April 14, 2010, 08:40:24 AM
4.7 pips positive trade last night.  :)

Title: Re: MegaDroid...
Post by: Colleen on April 14, 2010, 07:17:04 PM
Hello Folks!

And we found some Megadroid Magic last night on my Live MIG account...

31695532 2010.04.13 23:00 sell 0.20 eurusd 1.36123 1.36546 1.35623 2010.04.14 00:45 1.36094 0.00 0.00 0.00 5.80

Colleen ;)
Title: Re: MegaDroid...
Post by: aagarcia on April 15, 2010, 12:28:45 AM
Why does MD have an NFA parameter to check or not?  It doesn't do anything non-NFA regulated on it's own right?
Title: Is Megadroid on vacation?
Post by: Tony4x on April 22, 2010, 04:30:24 AM
It's starting to feel like a ghost town on this thread. Is anyone getting any MD trades on default settings? I haven't had a trade since 3/24. I guess when the market is looking for direction this bot shuts down.
Title: Re: MegaDroid...
Post by: peterc005 on April 22, 2010, 04:32:37 AM
Nope, me neither.

I've been trying to get the other scalpers the Megadroid people sell for some more action.
Title: Re: MegaDroid...
Post by: ngling on April 22, 2010, 05:16:45 AM
My last trade with Megadroid was 13 Apr. Same for Accuscalper and ForexScalpa. Broker was Go Markets.
Title: Re: MegaDroid...
Post by: dkmillion on April 22, 2010, 12:56:35 PM
Yes it is dead!  ???
Title: Re: MegaDroid...
Post by: DamBuster on April 22, 2010, 01:09:48 PM
It won't get much better in the short term:

Night of 22/23, possible trades
Night of 23, no trades, coming in to the weekend
Night of 26/27, possible trades
28, 29, 30, 31, no trades, month end
1, 2, weekend
Night of 3 May next trading possibiliy

It's like watching grass grow!
Title: Re: MegaDroid...
Post by: hammy on April 22, 2010, 01:40:01 PM
my grass is growing much better than Megadroid trades !!... ???
Title: Re: MegaDroid...
Post by: Mr Hector on April 22, 2010, 02:30:33 PM
Patience Grasshopper, I'd rather watch the grass grow than watch it die!
Title: Re: MegaDroid...
Post by: Chip4Pips on April 22, 2010, 02:43:11 PM
I had trades fire off on both April 19 and 21, and a -2 ADT on April 19; however, I have shifted the time period for the -2 and default to -1 and +1 in order to hit the same trading time window in the late North American afternoon. I have had excellent success with Shocker and this is the approach they use after the change to DST, so I decided to make the same change with MD. Anyhow, it is at least taking a few trades here and there.
Title: Re: MegaDroid...
Post by: hammy on April 22, 2010, 09:37:35 PM
Like I said 3 months ago, Megadroid is WAY over-rated, it's minor league !

Stick a fork in it, it's done !... :D
Title: Re: MegaDroid...
Post by: robl45 on April 23, 2010, 12:16:54 AM
anyone else getting hammered in a megadroid buy trade tonight?  do you have to adjust the gmt offset for DST?
Title: Re: MegaDroid...
Post by: dlewisfl on April 23, 2010, 01:10:10 AM
Like I said 3 months ago, Megadroid is WAY over-rated, it's minor league !

Stick a fork in it, it's done !... :D

Was that at the same time you were touting Robominer as such an awesome EA ... the one you subsequently ditched after it took all your profits (and then some) when the margin calls started coming?!?!?!  ;D
Title: Re: MegaDroid...
Post by: dlewisfl on April 23, 2010, 01:13:55 AM
anyone else getting hammered in a megadroid buy trade tonight?  do you have to adjust the gmt offset for DST?

Only if your broker adjusted their server time for DST.  If you use the autoGMToffset feature you should be fine.
Title: Re: MegaDroid...
Post by: fx50 on April 23, 2010, 01:38:49 AM
Yea I'm hung with one that opened at 3270, down about 35 pips now. Have to sleep on this one I guess, still early here 8:38 pm et

I need to change the time on this to start trading at 4 pm - 6pm est, instead of 5 till 7
Title: Re: MegaDroid...
Post by: robl45 on April 23, 2010, 02:20:51 AM
yes I got the same trade.
Title: Re: MegaDroid...
Post by: dkmillion on April 23, 2010, 08:25:07 AM
Is that a good idea to change the times?  Just wondering..  Adt did not work for me, nor for Donna on the long run?  ???
Title: Re: MegaDroid...
Post by: someguy on April 23, 2010, 08:43:38 AM
When MegaDroid wakes up from its MegaSleep it produced nice losses for me yesterday :)
Title: Re: MegaDroid...
Post by: DamBuster on April 23, 2010, 09:45:02 AM
MD broke even on Alpari UK live, so am happy for small mercies as it was looking rather grim!
Title: Re: MegaDroid...
Post by: peterc005 on April 23, 2010, 09:59:29 AM
Yesterday I have my first MD trade for weeks. A small win on Forex.com
Title: Re: MegaDroid...
Post by: Hansen on April 23, 2010, 10:00:36 AM
megadwobs got caught by bigger, cleverer bots that started buying usd like crazy 8)
it was like watching fireworks  :-X
nice, especially since i went to use adt again. 2 losses for me last night :-X
Title: Re: MegaDroid...
Post by: robl45 on April 23, 2010, 12:27:53 PM
my megadroid sold for 80 dollar loss last night, just decided to get out of the trade, interesting though, if it stayed in the trade, it would have hit full tp.
Title: Re: MegaDroid...
Post by: Colleen on April 23, 2010, 04:56:53 PM
Megadroid on MIG went on the Magic Carpet Ride into the abyss on the Downside last night but did find a very small profit at the end of things fortunately for my trading account...

31817995   2010.04.23 00:37   buy   0.20   eurusd   1.32712   1.31362   1.33312   2010.04.23 09:59   1.32713   0.00   0.00   0.00   0.20

And the default preset time limit must have run out as it took this paltry profit and then proceeded a long ways upward with the snake and would have found the Original Profit set for the Droid's initial trade from the very beginning...

And Broker Variance may have occurred with the varying loss and profit results found with traders from last night's fiasco...

Let's hope for Megadroid Magic to pick up for us next week perhaps...

Colleen ;)
Title: Re: MegaDroid...
Post by: tlbone on April 24, 2010, 02:07:09 AM
excuse that i was given was that the environmental changes in the UK caused the big downtrend in Euros....naturally my MD was expecting Euro profit....mom always told me not to be trading in a trending storm.... ::)
Title: Re: MegaDroid...
Post by: DamBuster on April 24, 2010, 03:33:28 PM
Quote
Let's hope for Megadroid Magic to pick up for us next week perhaps...

Next opportunity is the night of 26th/27th April. After that the Droid will hibernate until 3rd/4th May
Title: Re: MegaDroid...
Post by: tlbone on April 25, 2010, 02:50:11 PM
yes since we have fomc on wed...never had a bad fomc but always had a sl next day after....so no trading thur but will be watching wed during trading period to see if strong trend is detected...
Title: Re: MegaDroid...
Post by: tlbone on April 26, 2010, 10:50:23 PM
ok this is starting to hurt.....may have to pull out....too many s/l....had another one today...seems upward trending is happening with late trades now....21:32....-10p....
Title: Re: MegaDroid...
Post by: DamBuster on April 27, 2010, 05:46:52 AM
Nothing on Alpari UK live today

MD will now go to sleep for the next 7 days
Title: Re: MegaDroid...
Post by: someguy on April 27, 2010, 06:12:41 AM
Another SL hit...
Title: Re: MegaDroid...
Post by: DamBuster on April 27, 2010, 07:10:23 AM
Someguy, who are you with as Alpari UK did not trade on either live or demo?
Title: Re: MegaDroid...
Post by: someguy on April 27, 2010, 07:21:49 AM
Someguy, who are you with as Alpari UK did not trade on either live or demo?

Only on JadeFX. My accounts at Alpari UK, Forex.com/UK and The Collective FX didnt take the trade (good this time).
Title: Re: MegaDroid...
Post by: tlbone on April 27, 2010, 07:59:02 PM
taking everybodies advice....get out of adt for awhile....just megadroid...but not advisable to trade anymore this week...as of today and tonight the markets are getting hammered...would be good manual trading but im outa that one too....dont have the time to set and watch the account shrink down to nothing...better to fold while you still have a pot...demo will keep the table for awhile just to watch what it going down....
Title: Re: MegaDroid...
Post by: DamBuster on April 27, 2010, 10:34:39 PM
MD just took a long at 1.31736 on Alpari UK live.......... fingers crossed because if he hits SL it will have blown away all the profits since the start of the year
Title: Re: MegaDroid...
Post by: yidrasil on April 27, 2010, 10:37:12 PM
Keep your fingers crossed indeed - the Euro is in freefall thanks to the news from Greece.....this is not a night for trading any EA I'm afraid..
Title: Re: MegaDroid...
Post by: peterc005 on April 27, 2010, 11:17:20 PM
After the pain of last week, all of my EAs were turned off.

How did MD go in the end?
Title: Re: MegaDroid...
Post by: DamBuster on April 28, 2010, 05:45:52 AM
Took 0.6 pip profit
Title: Re: MegaDroid...
Post by: tlbone on April 28, 2010, 11:08:46 PM
md live took a 13.2p profit....23:44....cant fig...is set to take profit at 10p....guess i shouldnt complain...

demo adt is pulling a vacumn so will see how the outcome of that one is....
Title: Re: MegaDroid...
Post by: robl45 on April 28, 2010, 11:54:12 PM
MD is on steroid tonight for me.  its on its 4th trade now.
Title: Re: MegaDroid...
Post by: peterc005 on April 28, 2010, 11:56:31 PM
MD took a couple of 10 pip profits for me. Tidy little profits.

What settings are others using for MD, I'm just using defaults.
Title: Re: MegaDroid...
Post by: robl45 on April 29, 2010, 12:03:49 AM
i'm on defaults, it took 4 trades, 4 winners, one was in and out in like 2 seconds. 
Title: Re: MegaDroid...
Post by: tlbone on April 29, 2010, 12:25:42 AM
since we are all using same default md and getting diff results i would say its all varied through diff brokers...
Title: Re: MegaDroid...
Post by: forexforever on April 29, 2010, 05:36:10 AM
MD is on steroid tonight for me.  its on its 4th trade now.

nice work, yours really is on steriods!  may i ask what broker you were using it on and whether demo or live account?

i had 2 trades on default for around 7 pips each which is good enough for me
Title: Re: MegaDroid...
Post by: sic_hat on April 29, 2010, 05:44:14 AM
since we are all using same default md and getting diff results i would say its all varied through diff brokers...

I've compared trades with a friend under the same Broker and EA settings (default) and still get discrepancies such as trade entries (timing & # of trades) and trade exits (timing and # of pips).

Granted most of the time the trades a similar though, but it begs the question as to WHY differences occur?
Title: Re: MegaDroid...
Post by: DamBuster on April 29, 2010, 06:53:15 AM
Great night last night as well

Regarding the differences, here is what happened to me:

Account 1 Alpari UK live, +5.3 pips @ 2.2 lots, open at 00:12 close at 00:30
Account 2 Alpari UK live, +10.5 pips @ 3.3 lots, open at 00:11 close at 00:30

Same broker with 2 identical accounts.... go figure!
Title: Re: MegaDroid...
Post by: robl45 on April 29, 2010, 12:30:22 PM
MD is on steroid tonight for me.  its on its 4th trade now.

nice work, yours really is on steriods!  may i ask what broker you were using it on and whether demo or live account?

i had 2 trades on default for around 7 pips each which is good enough for me

collective fx live, it scared me a bit, I blinked and one trade was done.  literally 2 seconds.  in and out for 21 dollars.
Title: Re: MegaDroid...
Post by: fx50 on April 29, 2010, 12:36:28 PM
that was quick and rare, I had 2 on collective and three on gallant last nite
Title: Re: MegaDroid...
Post by: Gordon on April 29, 2010, 03:01:13 PM
3 trades last night. 11 pips in total. I am grateful for that  :)

Title: Re: MegaDroid...
Post by: Tony4x on April 29, 2010, 06:58:40 PM
Well robl45 your broker seems to be the winner for most trades yesteday on MD. How many pips did it give you?
Title: Re: MegaDroid...
Post by: robl45 on April 29, 2010, 07:02:59 PM
i'm not sure.  it made like 84 bucks on the four trades or so i think.  I didn't look at the pips and I'm at work now.
Title: Re: MegaDroid...
Post by: Mr Hector on April 29, 2010, 07:13:25 PM
Can anybody tell me what difference setting the GMT offset makes to MD, other than changing the start and finish time of the trading period?

I am not a ADT user, although I believe the 'tactics' used involve using different GMT offsets.

I'm not really interested in ADT, but I would like to know if changing the GMT offset changes anything else. 

I would have thought that making MD start 'looking' for trade opportunities either an hour earlier or later wouldn't make much difference as it seems rare for MD to start trading immediately the trading window opens and therefore most trades would open at identical times as the trading window would overlap for the greater part.  I hope this makes sense!  ???
Title: Re: MegaDroid...
Post by: DaveL on April 29, 2010, 07:29:22 PM
since we are all using same default md and getting diff results i would say its all varied through diff brokers...

I've compared trades with a friend under the same Broker and EA settings (default) and still get discrepancies such as trade entries (timing & # of trades) and trade exits (timing and # of pips).

Granted most of the time the trades a similar though, but it begs the question as to WHY differences occur?

Think of it like this. A trusted source gives 1000 of us outside a racecourse a red-hot certainty in the next race. We all rush in to place our bets and queue to get served. As each of us gets to the front of the queue there's a time difference, and also if enough bets are placed, the odds change.

Same with FX or any other trading - your request is queued and is serviced when it reaches the front, milliseconds elapse and the price has moved (slippage), sometimes dramatically or it cannot be immediately filled (the till ran out of paper ;)) so gets requoted.

Dave
Title: Re: MegaDroid...
Post by: tlbone on April 29, 2010, 11:56:21 PM
23:29....pulling down into a big vac....feeling like my broker is trying to do me in....will be 3rd s/l this month...
Title: Re: MegaDroid...
Post by: fx50 on April 30, 2010, 12:08:26 AM
no trades here tonite, what broker are you with? what price did it open?
Title: Re: MegaDroid...
Post by: Colleen on April 30, 2010, 12:54:15 AM
Hi Folks!

Here's my trades on my MIG account for the Megadroid 1.21 last night...

31889054   2010.04.28 23:44   buy   0.20   eurusd   1.31958   1.31133   1.32458   2010.04.28 23:51   1.32065   0.00   0.00   0.00   21.40
31889223   2010.04.29 00:11   buy   0.20   eurusd   1.31945   1.31133   1.32445   2010.04.29 00:30   1.32048   0.00   0.00   0.00   20.60

Happiness here for the end of April trading the Droid...

And Megadroid 1.21 didn't trade much this month but Profit = Profit!!! :)

31695532   2010.04.13 23:00   sell   0.20   eurusd   1.36123   1.36546   1.35623   2010.04.14 00:45   1.36094   0.00   0.00   0.00   5.80
31817995   2010.04.23 00:37   buy   0.20   eurusd   1.32712   1.31362   1.33312   2010.04.23 09:59   1.32713   0.00   0.00   0.00   0.20
31889054   2010.04.28 23:44   buy   0.20   eurusd   1.31958   1.31133   1.32458   2010.04.28 23:51   1.32065   0.00   0.00   0.00   21.40
31889223   2010.04.29 00:11   buy   0.20   eurusd   1.31945   1.31133   1.32445   2010.04.29 00:30   1.32048   0.00   0.00   0.00   20.60

Have a GREAT WEEKEND FOLKS!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on April 30, 2010, 08:33:28 AM
23:29....pulling down into a big vac....feeling like my broker is trying to do me in....will be 3rd s/l this month...

MD should not have traded last night because of the end of month rule. Are you running ADT or standard?
Title: Re: MegaDroid...
Post by: Mr Hector on April 30, 2010, 10:59:46 AM
Why does Md not add up the profit/loss correctly when changing input parameters?

Even if I change none of the settings, but click the ok button to 'reset' Md when I look in the experts tab, it increases the profit or loss made.  I have to close the platform and reopen it again to get Md to add up correctly!  Anyone else notice this?
Title: Re: MegaDroid...
Post by: tlbone on April 30, 2010, 12:25:46 PM
alpari u.s.  am using adt vers of md....seems i did have the end of month turned on....but have adt times all turned off so rest of md is running as default....for the month of may md default will be running only...no more adt ....sometimes if i do make a trade with adt because it looks good i sometimes forget to run back through all the switches and turn everything back to default....when not able to pay as much attention to the trader i sometimes forget there are so many switches to have to pay attention to that it can become overwhelming to keep up with....i dont have the time to keep up with all this anymore so md default has to become my staple...no more adt, manual trading etc...
Title: Re: MegaDroid...
Post by: DamBuster on April 30, 2010, 12:54:03 PM
best way to go with MD tlbone, keep it on default and check it once a month, it's ceratin to have pulled in a few positive pips
Title: Re: MegaDroid...
Post by: tlbone on April 30, 2010, 01:55:32 PM
have to congratulate collene for her 23p md month....would be a nice idea to keep track of monthly md pip totals and possibly their corresponding brokers posted....since md doesnt trade that often wouldnt be much need for wkly totals anymore...not like last year when md first rolled off the keyboard...ahh yes the good ole days...history repeats itself...if only we could remember and keep track of it...we seem to keep so busy anymore we dont rem what was going on last week... ::)
Title: Re: MegaDroid...
Post by: Mr Hector on May 05, 2010, 09:46:34 AM
Full T/P on Alpari UK Classic last night, nothing on Micro and nothing on Pro.  Full T/P on FXCBS demo.
Title: Re: MegaDroid...
Post by: DamBuster on May 05, 2010, 10:04:06 AM
Full T/P on Alpari UK Classic last night

You're kidding me, was Alpari UK Classic live or demo as my live took no trades!
Title: Re: MegaDroid...
Post by: someguy on May 05, 2010, 10:20:35 AM
I hit stoploss with default MD at Alpari UK micro account yesterday, but other brokers didn't get that trade. Most of them got stoplosses on -1 chart thou.
Title: Re: MegaDroid...
Post by: Mr Hector on May 05, 2010, 11:11:15 AM
Was on live...

Default settings.  See attachment.
Title: Re: MegaDroid...
Post by: DamBuster on May 05, 2010, 11:18:01 AM
Thanks Julian. wierd though as same broker, account type, EA, etc, etc

Oh well, there's always another day  :)
Title: Re: MegaDroid...
Post by: Mr Hector on May 05, 2010, 11:23:14 AM
It's always confusing when one account trades differently than the rest, especially when only one account trades and the others don't even bother!  Just wish it had been on my Pro account!  But still, very thankful it was a winner.
Title: Re: MegaDroid...
Post by: tlbone on May 05, 2010, 11:54:13 AM
yes is strange....my default did a 10p profit and my demo took the s/l....every trade seems to be random....my default took trade around 22:30 and the demo took it at 0:35....weird timing.....my default seems to trade anywhere from 21:00 - 0:30.....wide time window it has....and am running default on auto gmt of 2.0 for alpari u.s. time zone....following benjamin cooks md default link he shows to have took a 14p trade with his default....i thought default was limited to 10p... :-\

check the history tab:
http://www.myfxbook.com/members/droidtactics/default-megadroid-live/17822 (http://www.myfxbook.com/members/droidtactics/default-megadroid-live/17822)
Title: Re: MegaDroid...
Post by: mpetersrx7 on May 05, 2010, 06:39:44 PM
I had three profitable trades on default last night on my live account.

Broker: PrimeBankForex

Title: Re: MegaDroid...
Post by: fx50 on May 05, 2010, 07:12:22 PM
Wow!  Amazing, that's great results. I had single 15 pipers on ibfx and atc

Just downloaded Prime bank demo, looks OK, How do you open a live account with this outfit? Everything I see says invitation only?

tia
Title: Re: MegaDroid...
Post by: mpetersrx7 on May 06, 2010, 12:07:55 AM
Another 3 tonight.  WOW.  MD is going crazy the last few days.
Title: Re: MegaDroid...
Post by: ngling on May 06, 2010, 03:33:26 AM
MD has been good to me as well. Haven't had many trades, but all have been winners. Haven't had a loss since 18 Feb. I use default settings with Go Markets. Seems that ADT has fallen by the wayside judging from the posts in this thread and other forums. I note that donnaforex has stopped using it as well.
Title: Re: MegaDroid...
Post by: tlbone on May 06, 2010, 04:52:02 AM
yes 3 good trades for me as well....md is on a roll...oops...(whisper) :P
Title: Re: MegaDroid...
Post by: DamBuster on May 06, 2010, 07:05:27 AM
+7.7 pips last night on Alpari UK live  :D
Title: Re: MegaDroid...
Post by: Mic on May 08, 2010, 10:19:04 AM
From all I've read, seems that MD is one of only a couple of profitable EAs. But if you wanted to make a living from trading, I don't see how you could do that with MD since it trades so rarely.
Title: Re: MegaDroid...
Post by: tlbone on May 10, 2010, 07:59:47 PM
md used to trade on a reg basis but since times have changed is tougher for megadroid to coexist in the trading sector....the markets have been so unpredictable which in a sense has weeded out all the ea's that just cant really stand up to the test....md used to trade now and then on mondays but havent seen a trade on monday in so long...so now its just 3 days a week for its chance to shine and thats getting maybee to just 3 times a month....dont know if the markets will ever be the same but then if the economy slowly gets back into a liquid state maybee during the summer months when people start coming out of their frady holes things may loosen up from the grips of this economic storm....only way to make any real coin with md is you have to have a fairly large account.....using a demo getting the same amount of trades as your real account but with the demo toting a hefty balance to begin with really shows the profit potential to where it only needs 2-3 good trades a month...
Title: Megadroid Pro
Post by: Colleen on May 11, 2010, 02:52:29 PM
Yes Folks! The Megadroid Pro (offered as a Bonus Bot) with purchase of Forex Maximizer Bot will be available to you on Tuesday, May 11th, 2010...

Here's an email I received from Forex Megadroid with info on how to score the Megadroid Pro bot... you do need to purchase the Forex Maximizer though and the Megadroid Pro is the Bonus Albert and John are offering...

Hi, Colleen,
Tomorrow (Tuesday), the Forex Maximizer robot launches,
and we have to say this:
We have been so impressed (a rare occurrence!) with what
we have seen until now:
- The robot's impressive performance
- Kevin's professionalism
- Real value giveaway (we hope you downloaded and started
using Kevin's FX trading tool)
- Complete transparency (rare in this niche!)
If you read our email from yesterday, you probably already
saw Kevin's video and downloaded his unique FX trading tool.
If not... you can do so here:
http://www.xxxxxxxx - I had to delete this because I think no links are allowed in this forum...
Now... regarding the Forex Megadroid "PRO Edition" special
BONUS....
We notified all our subscribers yesterday about this special
bonus that we are giving away to anyone getting Forex
Maximizer through our link...
...but, we want to make sure that everyone is up-to-date.
This is a op.po.tunit.y you do NOT want to miss!
We will not be doing this again so pay close attention...
---------------------------------------------------------
**OUR UNIQUE BONUS**
Forex Megadroid Pro Edition (MultiCurrency EA)
- Simultaneous Trading Of 3 Currency Pairs
- Proprietary Risk Allotment Between The Pairs
- Extreme Profitability
- Impressive Accuracy
---------------------------------------------------------
A lot of work has been invested into our private collection
Multi-Currency EA, "Forex Megadroid Pro Edition" which
trades 3 currency pairs.
MD Pro not only trades 3 currency pairs with enviable
profitability and accuracy, but also has an in-built mechanism
which allows it to properly allot risk between the currency
pairs it trades.
And...
Although the robot was ready around last June, we kept on
tweaking and developing it...
...perfection is KEY.
Today, Forex Megadroid Pro is the best MULTI-CURRENCY
scalping EA on the market - hands down.
Now, as you should expect, we have been getting countless
requests (absolutely COUNTLESS requests) to sell the robot.
After a lot of thought, we decided to release it to the market
2 months from now (end of June) at a price of $699 and limit
its availability.
We really want this EA to belong to a small and exclusive
group.
HOWEVER...
Being part of our subscriber list, and hence our exclusive
family, you get a few perks that others do not... we feel
that we have an ongoing commitment to our subscribers.
This includes a way for you to get Forex Megadroid Pro
edition at no cost whatsoever!
So... how can you get a copy of MD Pro Edition?
Well... anyone of OUR subscribers who purchases Forex
Maximizer through our li.nk on launch day will get MD Pro
Multi-Ccurrency automatically delivered to their inbox after
purchase - all at N0 COST!
That's right...
You will get the best multi-currency scalping robot out there
at absolutely no cost, just for being part of our family.
Ok... that's it for for now. Please monitor your inbox between
now and Tuesday because we still have some very important
information for you which you DO NOT want to miss!
All the best,
John and Albert

So Folks, if you're interested in the Megadroid Pro eas - here's a rare opportunity to get access to it... check your emails for more info from Forex Megadroid Support if you own the Megadroid bot...

What do you guys and gals think of running the Megadroid Pro?

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: robl45 on May 11, 2010, 03:10:10 PM
is anyone running megadroid pro, does it work?  i got the emails too.
Title: Re: MegaDroid...
Post by: dkmillion on May 11, 2010, 04:48:23 PM
I think Donna used it at one stage and stopped it because it made more losses than profits!  Scalpers are not doing well at this moment in this market anyway..
Title: Re: MegaDroid...
Post by: Colleen on May 11, 2010, 05:38:33 PM
Hello Again Folks!

I purchased the Forex Maximizer through the Megadroid link for $97 - they accepted my PayPal which was nice for me too - I did not get the "Advanced" Version of the Forex Maximizer though and scored the Megadroid Pro today...

I know the markets have been crazy as of late and I'll slap the Megadroid Pro up and ready to play next week sometime and we'll see how things go with it...

I think that $97 is a good price to score the Forex Maximizer and the Megadroid Pro too so we'll see how these Scalper bots play out for the rest of this month for me...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: tlbone on May 11, 2010, 10:50:27 PM
no trades today = no loss ;D
Title: Re: MegaDroid...
Post by: mpetersrx7 on May 12, 2010, 12:21:27 AM
Hit SL on default today.  Then it turned around and found 15pip profit.  So overall about 25 pip loss for today.

Not too bad considering how successful it has been lately.

Mark
Title: Re: MegaDroid...
Post by: Colleen on May 12, 2010, 04:08:11 AM
Hello Folks!

Megadroid Magic appeared tonite on my Live MIG account and found the 15 Profitable Pips for me too!  No losses for me here though I'm happy to say! :)

32080897   2010.05.12 00:28   buy   0.20   eurusd   1.26253   1.24734   1.26853   2010.05.12 01:13   1.26404   0.00   0.00   0.00   30.20

Cheers,

Colleen ;)

PS - Here's how I've been doing so far this month with Megadroid 1.21 on my MIG account...

31973851   2010.05.05 23:19   buy   0.20   eurusd   1.28069   1.27650   1.28569   2010.05.05 23:46   1.28171   0.00   0.00   0.00   20.40

32005240   2010.05.06 23:08   sell   0.20   eurusd   1.26546   1.28076   1.26046   2010.05.06 23:27   1.26431   0.00   0.00   0.00   23.00

32080897   2010.05.12 00:28   buy   0.20   eurusd   1.26253   1.24734   1.26853   2010.05.12 01:13   1.26404   0.00   0.00   0.00   30.20
Title: Re: MegaDroid...
Post by: DamBuster on May 12, 2010, 08:26:26 AM
12.05.10, Alpari UK live, default,  +13.9 pips  :D
Title: Re: MegaDroid...
Post by: Gordon on May 12, 2010, 10:55:08 AM
14.4 pips profit May 11th.

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: DamBuster on May 13, 2010, 07:52:56 AM
13.05.10, Alpari UK live, default,  +1.0 pips  Cheesy
Title: Re: MegaDroid...
Post by: Gordon on May 13, 2010, 06:03:32 PM
13.05.10, Alpari UK live, default,  +1.0 pips  Cheesy

You did better than me as I only got 0.3 of a pip. Still not complaining. I am really pleased with MD.

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: robl45 on May 13, 2010, 06:37:26 PM
I got something like that last night too. .44 cents. not sure what the pips was.
Title: Re: MegaDroid...
Post by: mpetersrx7 on May 13, 2010, 07:55:07 PM
Had two trades last night:
One for 11.6 pips and one for 3.0 pips.

05.12.2010 23:39      05.13.2010 01:45     EURUSD      Sell     4.53      1.27394      1.25890      1.26388      1.26358      3.0      135.90     
05.12.2010 22:50    05.12.2010 22:50    EURUSD    Sell    4.42    1.27394    1.25885    1.26402    1.26286    11.6    512.72

Mark
Title: Re: MegaDroid...
Post by: tlbone on May 13, 2010, 08:20:07 PM
no trades so far this week...
Title: Re: MegaDroid...
Post by: fx50 on May 13, 2010, 09:11:32 PM
yesterday IBFX took 10 pips in less than 45 seconds then took another that I closed out at 5 pips,  wham wham!!
Title: Re: MegaDroid...
Post by: DamBuster on May 14, 2010, 05:57:22 AM
14.05.10, Alpari UK live, default,  +8.3 pips 

:D
Title: Re: MegaDroid...
Post by: dlewisfl on May 14, 2010, 06:37:34 PM
FYI - I've posted an EA in the Free EA section of donnaforex that trades EUR/USD pair and comes close to rivaling Megadroid in backtest.  10-year backtests show a winning percentage over 90%.  Not quite the 97% or so MD achieves, but close (93 - 94%).  It trades more frequently than MD, which is nice.

Current TP/SL setting is 10/70, it can be run with 10/50 and still achieve 91% win ratio in 10-year backtest.  The beauty of it is, unlike Megadroid,  it can be run on other pairs and all it's settings can be optimized.  A few people currently running it are testing other pairs (EUR/USD is the best to date).

Unfortunately in the world of forex, we know there are a lot of unethical characters out there willing to take your money.  I did not come up with trading logic for this EA, I got it from another site.  A couple of others have released commercial EA's using the exact same trading logic, one of these vendors charges $249 for their EA.  IMO, you shouldn't have to pay for simple trading logic/parameter settings freely available in the public domain, so I created TrendOSOB.  It's a simple formula of examining the trend on a higher timeframe, buying oversold conditions on a shorter timeframe when trend is up and selling overbought conditions on a shorter timeframe when trend is down.  The TrendOSOB EA has all indicator setting as user settable parameters so you can work the crap out of the optimizer and maybe find other timeframes on other pairs that do well (the commercial EAs hide all these settings).

Give it a shot, you may like it better than MD.  I just started a new demo account with the latest version, my live account has had 10 consecutive winners.

http://www.myfxbook.com/members/dlewisfl/trendosob/30767

Title: Re: MegaDroid...
Post by: robl45 on May 14, 2010, 06:42:43 PM
why not run both?  thats what I do
Title: Re: MegaDroid...
Post by: dlewisfl on May 14, 2010, 07:18:16 PM
why not run both?  thats what I do

What does that have to do with anything?  I didn't say you can't or shouldn't run both, I'm merely alerting people who may not check the Free EA forum to the availability of TrendOSOB.

I personally feel given the current environment for the Euro that Megadroid is more dangerous to run with the trading strategy it employs.  It frequently trades AGAINST the trend and it has gotten burned a few times this year.  I've seen more SLs in the first 4.5 months of 2010 than any period live last year (not factoring in ADT - which has done A LOT worse).  Megadroid in backtest also not performing up to it's usual standard.  TrendOSOB continues to perform the same as it always has (albeit in backtest), loss frequency has not increased even with the turmoil in the market for the Euro.  If you run MD vs. TrendOSOB in the backtester for 2010 at the same risk %, TrendOSOB is much farther ahead in profit.  And as an added bonus, if you get broker rebates, TrendOSOB has put on twice as many trades.



Title: Re: MegaDroid...
Post by: dkmillion on May 14, 2010, 09:57:49 PM
dlewisfl, sorry but I saw your ea TrendOSOB somewhere but cannot remember, where can we find it? 
What time frame does it trade on eurusd?
Title: Re: MegaDroid...
Post by: dlewisfl on May 14, 2010, 10:11:30 PM
dlewisfl, sorry but I saw your ea TrendOSOB somewhere but cannot remember, where can we find it? 
What time frame does it trade on eurusd?

http://www.donnaforex.com/forum/index.php?topic=2204.0

Trades on M5.
Title: Re: MegaDroid...
Post by: robl45 on May 14, 2010, 10:54:36 PM
just seemed like you were saying it was better than megadroid, and probably is, all I said was that we can run both of them.  megadroid actually been doing quite well lately.

why not run both?  thats what I do

What does that have to do with anything?  I didn't say you can't or shouldn't run both, I'm merely alerting people who may not check the Free EA forum to the availability of TrendOSOB.

I personally feel given the current environment for the Euro that Megadroid is more dangerous to run with the trading strategy it employs.  It frequently trades AGAINST the trend and it has gotten burned a few times this year.  I've seen more SLs in the first 4.5 months of 2010 than any period live last year (not factoring in ADT - which has done A LOT worse).  Megadroid in backtest also not performing up to it's usual standard.  TrendOSOB continues to perform the same as it always has (albeit in backtest), loss frequency has not increased even with the turmoil in the market for the Euro.  If you run MD vs. TrendOSOB in the backtester for 2010 at the same risk %, TrendOSOB is much farther ahead in profit.  And as an added bonus, if you get broker rebates, TrendOSOB has put on twice as many trades.




Title: Re: MegaDroid...
Post by: dkmillion on May 16, 2010, 08:45:28 AM
I have just looked at Megadroid's stats here:  http://forex-megadroid.com/index.html?p=5
It looks amazing!
Can anybody tell which broker they are using and what is their risk level?
Title: Re: MegaDroid...
Post by: robl45 on May 16, 2010, 04:04:00 PM
what does risk level mean?  is there a new megadroid out?  mine just has percentage risk?  are they saying they are risking 1%?  I'm on 10% now.
Title: Re: MegaDroid...
Post by: dkmillion on May 16, 2010, 06:30:15 PM
Rob, no there is no new Megadroid out. 0.1 is apparently 10% risk, but I also heard that it is not EXACTLY 10%, I could never figure out what it is exactly!!
Title: Re: MegaDroid...
Post by: robl45 on May 16, 2010, 06:41:34 PM
my risk is .1.  but is that what they are talking about? can't figure it out, I know megadroid works well, but not sure exactly what they are talking about there.
Title: Re: MegaDroid...
Post by: DamBuster on May 18, 2010, 06:45:53 AM
18.05.10, +14 pips for MD on Alpari UK live  ;D
Title: Re: MegaDroid...
Post by: robl45 on May 18, 2010, 10:52:38 PM
I have a very serious problem, I'm not sure what to do, maybe you all can help me.

My problem is....


Megadroid is making me too much money, what should we do about this???  It is on fire the last week, trade after trade, 2 trades today already, it just wants to keep making more and more money.
Title: Re: MegaDroid...
Post by: Robot PiP Denarii on May 18, 2010, 11:22:11 PM
Here's what u do...
Quickly get your checkbook out and make it out to: Mean Jim Jr.,
for my kid's college fund. ;D
Title: Re: MegaDroid...
Post by: dlewisfl on May 19, 2010, 01:33:35 AM
I have a very serious problem, I'm not sure what to do, maybe you all can help me.

My problem is....


Megadroid is making me too much money, what should we do about this???  It is on fire the last week, trade after trade, 2 trades today already, it just wants to keep making more and more money.

Trying to keep up with TrendOSOB.  ;)  TOSOB 11-for-11 this month on my live account using time filter (15-for-15 on the backtester with no time filter).  EUR/USD must be an easy trading pair the past few weeks - usually is in a strong trend.

I've got Megadroid on demo ... 5 winners the past few weeks, last loser was 4/23.
Title: Re: MegaDroid...
Post by: DamBuster on May 19, 2010, 07:15:47 AM
19.05.10, Alpari UK live, default, +11.2  ;D
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 07:21:28 AM
19.05.10, Alpari UK live, default, +11.2  ;D
guy, any idea what are the differences between md and md pro other than 3 additional currency pairs?

in terms of trading strategy are they the same? what other differences are there?
Title: Re: MegaDroid...
Post by: Trade It Easy on May 19, 2010, 10:28:37 AM
Hey everyone,
Long time no chat!  ;D How are you all? I havn't been using MD for a while. I am manual trading now purely using price action. As soon as you find the time to trade manually it is so rewarding and will make you alot more pips than using an ea. However you can't just trade willy nilly it takes time to make it easy. I don't find it easy yet and I still have to think about my next trade however I am learning to see it with my eyes like a 6th sense so one day itll just become boring and easy. Anyway back to MD how has it performed over the last 5 months? Who's done better ADT or DEFAULT?
Kind Regards
Autotrader
Title: Re: MegaDroid...
Post by: DamBuster on May 19, 2010, 10:37:40 AM
@ dennerle, no idea about MDPro as I don't have it but there is therad dedicated to it here: http://www.donnaforex.com/forum/index.php?topic=664.0

@ Autotrader, I think ADT has fallen by the wayside (even Donna now only trades default) but hey, who cares when default just keeps pulling the pips in  ;D
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 10:54:40 AM
@ dennerle, no idea about MDPro as I don't have it but there is therad dedicated to it here: http://www.donnaforex.com/forum/index.php?topic=664.0

@ Autotrader, I think ADT has fallen by the wayside (even Donna now only trades default) but hey, who cares when default just keeps pulling the pips in  ;D
but trading on default, the frequency of trades are too little/slow :(
Title: Re: MegaDroid...
Post by: DamBuster on May 19, 2010, 11:00:37 AM
Quote
but trading on default, the frequency of trades are too little/slow :(

Yes, but it's a marathon not a sprint. Personally I am quite happy for it to slowly but surely build up my account. So far this year its up over 40% for me
Title: Re: MegaDroid...
Post by: Trade It Easy on May 19, 2010, 11:24:21 AM
Quote
but trading on default, the frequency of trades are too little/slow :(

Yes, but it's a marathon not a sprint. Personally I am quite happy for it to slowly but surely build up my account. So far this year its up over 40% for me

wooooh whats your risk dambuster? I know how MD works. Maybe consider halving the risk once you hit 50 or 100% on your account
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 11:25:57 AM
Quote
but trading on default, the frequency of trades are too little/slow :(

Yes, but it's a marathon not a sprint. Personally I am quite happy for it to slowly but surely build up my account. So far this year its up over 40% for me
which broker are you with? That's impressive! :o
Title: Re: MegaDroid...
Post by: Trade It Easy on May 19, 2010, 11:33:46 AM
impressive however a little scary too as it could just lose all those profits in 4 or 5 losses. Thats what im getting at. Well done though I don't want to take anything away from your wins
Title: Re: MegaDroid...
Post by: DamBuster on May 19, 2010, 11:59:51 AM
@ Autotrader, yes, risk is higher than recomended but I am comfortable it with and am gradually turning it down. Also relying on the fact that in over a year trading with MD it has never had more than 2 consecutive losses (on default) so have fingers crossed that it would never have the 4 or 5 that it would take to wipe what it has made :)

@ dennerle, Alpari UK classic account
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 12:17:20 PM
@ Autotrader, yes, risk is higher than recomended but I am comfortable it with and am gradually turning it down. Also relying on the fact that in over a year trading with MD it has never had more than 2 consecutive losses (on default) so have fingers crossed that it would never have the 4 or 5 that it would take to wipe what it has made :)

@ dennerle, Alpari UK classic account
how frequent you withdraw from your account to your bank savings account to protect your profit? ???
Title: Re: MegaDroid...
Post by: DamBuster on May 19, 2010, 12:26:37 PM
dennerle, 12 months ago I had never even heard of Forex except when changeing money for holiday purposes.

I then set up a large account, put FAPturbo, MD and a host of other more useless EA's on it, more that doubled it in 3 weeks with crazy risks after which I lost most of it and was reduced to less than 30% of my initial investment

Now older, and a little wiser, I'm slowly starting to claw it back. At current performance I should break even by year end after which I will start withdrawing profits made, if any!
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 03:09:34 PM
is it advisable to turn on "Recovery Mode"?

It seems pretty dangerous as the lots are doubled until losses are recovered back.

Title: Re: MegaDroid...
Post by: robl45 on May 19, 2010, 03:14:40 PM
i run recovery mode on.
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 03:22:58 PM
i run recovery mode on.

so far after a loss and the lot doubled, are there any consecutive losses again?

Because it will open a few more trades at doubled lot before the full loss is recovered then the lot size will return back to normal..so i thought chances of consecutive losses are high
Title: Re: MegaDroid...
Post by: robl45 on May 19, 2010, 03:34:34 PM
i ran a 10 year test, even in the ugly times of the financial crisis, it made it through with recovery mode on.
Title: Re: MegaDroid...
Post by: DamBuster on May 19, 2010, 03:36:52 PM
If you use fixed lots the recovery mode is ignored even if set to true
Title: Re: MegaDroid...
Post by: dennerle on May 19, 2010, 04:30:12 PM
in comparison between recovery mode on and off, which option is the more risky option?
Title: Re: MegaDroid...
Post by: robl45 on May 19, 2010, 04:50:20 PM
recovery mode is more risky.
Title: Re: MegaDroid...
Post by: Robot PiP Denarii on May 19, 2010, 09:13:45 PM
Having purchased mega since day one, recovery mode has saved my arse more than I care to say it on my live accounts. However, I'd admit I did hit both SL on the first, purchase month earlier with ver. 1.0. The custom risk was mine to take.
Title: Re: MegaDroid...
Post by: 808 on May 20, 2010, 03:04:06 AM
Anyone else headed for a Stop Loss
Title: Re: MegaDroid...
Post by: dennerle on May 20, 2010, 03:12:36 AM
Anyone else headed for a Stop Loss
confirm that trade will be  a SL
Title: Re: MegaDroid...
Post by: robl45 on May 20, 2010, 03:39:19 AM
looks like a stoploss, but still could turn around.
Title: Re: MegaDroid...
Post by: DamBuster on May 20, 2010, 05:29:00 AM
In it too.   :-\

Ah well, we all knew it had to happen so hopefully it can be absorbed by previous profits
Title: Re: MegaDroid...
Post by: ForexMan on May 20, 2010, 06:33:40 AM
What a way to start MD ... with a SL.. first trade too!

Lets see how it goes...
Title: Re: MegaDroid...
Post by: miclai on May 20, 2010, 07:18:19 AM
I am in it too. I thought non-aggressive mode would stop at around 42pips.
Title: Re: MegaDroid...
Post by: DamBuster on May 20, 2010, 08:04:30 AM
Out for -5.8 pips, could have been a lot, lot worse! (Should have staye in for a manual close that would have gained +++++ pips)
Title: Re: MegaDroid...
Post by: Robot PiP Denarii on May 20, 2010, 08:10:43 AM
That was interesting. Some actually closed for breakeven on that spike. Let's see what tomorrow brings.
Title: Re: MegaDroid...
Post by: ForexMan on May 20, 2010, 08:27:20 AM
Phew.. closed with a positive..

Since I am new here.. I have been looking around to see what is best risk factor to use.
Any recommendations ?

Am currently set at 0.1 for Alpari Micro and R.L @ 0.7. Is this ok ?
Title: Re: MegaDroid...
Post by: Pushkin on May 20, 2010, 08:29:18 AM
I guess I was even luckier as I came out with a 0.9 pip gain on MD and a 50 pip gain on Fap LT.
Title: Re: MegaDroid...
Post by: Mr Hector on May 20, 2010, 09:46:05 AM
84 pips down at one point last night!

I guess we can all count ourselves very lucky indeed.  You could even call that one a loss for MD even if you broke even or had a slight gain as it got it wrong in a big way and it was really only luck saved us from a hammering.

Time to reconsider your risk??  Just imagine if it had gone to SL and you had recovery mode on, all your subsequent trades would be double the lot size until you gained it all back, and though rare, one of those could hit SL too.  How would your account look then?

I saw someone suggest that you reduce your risk when your account has grown 50 - 100%.  Perhaps it might be better to keep your risk low and increase it as your account grows?  Maybe keep the risk at 0.1 (10% risk) until your account grows beyond 10%, then increase it incrementally - at least that way once you have gained the first 10% you won't be risking more than you have already gained on a single trade.  Just a thought.
Title: Re: MegaDroid...
Post by: dennerle on May 20, 2010, 11:11:58 AM
84 pips down at one point last night!

I guess we can all count ourselves very lucky indeed.  You could even call that one a loss for MD even if you broke even or had a slight gain as it got it wrong in a big way and it was really only luck saved us from a hammering.

Time to reconsider your risk??  Just imagine if it had gone to SL and you had recovery mode on, all your subsequent trades would be double the lot size until you gained it all back, and though rare, one of those could hit SL too.  How would your account look then?

I saw someone suggest that you reduce your risk when your account has grown 50 - 100%.  Perhaps it might be better to keep your risk low and increase it as your account grows?  Maybe keep the risk at 0.1 (10% risk) until your account grows beyond 10%, then increase it incrementally - at least that way once you have gained the first 10% you won't be risking more than you have already gained on a single trade.  Just a thought.

just a thought...

i feel that 10% is kinda risky and high...

i'm reconsidering using 5% risk level instead and without recovery mode...

would like to hear on this views
Title: Re: MegaDroid...
Post by: dennerle on May 20, 2010, 11:20:16 AM
MetaTrader 5 will be released in June and thus any idea whether when MegaDroid will provide a new update meant for MT5 for customers for free?
Title: Re: MegaDroid...
Post by: robl45 on May 20, 2010, 12:21:29 PM
I made .2 pips last night.  much better than the full loss I was expecting.  anything less than 10% and you might as well turn off the bot, it doesn't trade much as it is, less than 10% is just a waste of time. 
Title: Re: MegaDroid...
Post by: dkmillion on May 20, 2010, 09:15:13 PM
I am switching mine off, the market is too volatile, I had a good week and MD did not behave well last night, so better settle for a good profitable week than losing it all tonight with MD!
Title: Re: MegaDroid...
Post by: fx50 on May 20, 2010, 10:24:33 PM
quick 10 pip profit tonite, last nite was knarly, at one time I saw -1500 in drawdown, that was a close one
Title: Re: MegaDroid...
Post by: fx50 on May 20, 2010, 10:53:06 PM
make that a double header another 10 piper
Title: Re: MegaDroid...
Post by: robl45 on May 20, 2010, 11:02:22 PM
i just got another 10 pips today.  megadroid doing well lately.
Title: Re: MegaDroid...
Post by: ForexMan on May 20, 2010, 11:54:39 PM
Anyone using Forex.com UK  ?

Any problems with this broker when using MD ?

Would appreciate any help as I also have an account and would like to run my MD on it too!
Title: Re: MegaDroid...
Post by: Colleen on May 21, 2010, 01:24:49 AM
Hi Folks!

Been away for a while... back again... had Megadroid 1.21 running Live on my MIG and missed all the excitement this week but let it rip nonetheless...

Here's how my MIG account looks so far this month...

31973851   2010.05.05 23:19   buy   0.20   eurusd   1.28069   1.27650   1.28569   2010.05.05 23:46   1.28171   0.00   0.00   0.00   20.40
32005240   2010.05.06 23:08   sell   0.20   eurusd   1.26546   1.28076   1.26046   2010.05.06 23:27   1.26431   0.00   0.00   0.00   23.00
32080897   2010.05.12 00:28   buy   0.20   eurusd   1.26253   1.24734   1.26853   2010.05.12 01:13   1.26404   0.00   0.00   0.00   30.20
32103401   2010.05.12 23:36   sell   0.20   eurusd   1.26321   1.27374   1.25821   2010.05.13 01:17   1.26315   0.00   0.00   0.00   1.20
32103903   2010.05.13 00:39   sell   0.20   eurusd   1.26393   1.27272   1.25793   2010.05.13 02:23   1.26375   0.00   0.00   0.00   3.60
32122165   2010.05.14 00:17   sell   0.20   eurusd   1.25367   1.26830   1.24867   2010.05.14 01:45   1.25356   0.00   0.00   0.00   2.20
32122354   2010.05.14 00:58   sell   0.20   eurusd   1.25402   1.26123   1.24802   2010.05.14 01:58   1.25291   0.00   0.00   0.00   22.20
32216417   2010.05.20 00:15   buy   0.20   eurusd   1.24048   1.22523   1.24548   2010.05.20 08:53   1.24053   0.00   0.00   0.00   1.00
32240813   2010.05.20 23:14   buy   0.20   eurusd   1.24652   1.23124   1.25152   2010.05.20 23:48   1.24754   0.00   0.00   0.00   20.40

Looking good so far this month to me... :)

ForexMan, I used to run the Droid on my Live Forex.com/UK account quite happily last year until I decided to move things over to my Live MIG account... I think you can run it happily also with this broker... just my humble opinion here...

Long weekend up here in Canada starts tomorrow - Victoria Day is on Monday - Have a Great Weekend Folks wherever you are...

Cheers,

Colleen ;)


Title: Re: MegaDroid...
Post by: ForexMan on May 21, 2010, 02:07:59 AM
Colleen... thanks

btw, what was the risk you used on Forex.com uk ?
Title: Re: MegaDroid...
Post by: Colleen on May 21, 2010, 03:13:01 AM
Hello ForexMan,

I usually trade a modest .1 lotsize for each $1,000 in my account normally... I have upped things to .2 lotsize though and have been happy with this modest setting I prefer to trade with... (I manually select the lotsize and do not use the percentage with the bot).  Generally folks should determine what the maximum loss they are willing to trade the Droid with if things go bad for them on one trade (or 2 trades if both the Stealth and Aggressive trade in one night on you if you trade with both) and also decide whether or not to use the Recovery mode - I do not use the Recovery mode myself though.... Hope you can determine what you would like to trade the Megadroid 1.21 at for your portfolio...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: dennerle on May 21, 2010, 03:34:56 AM
Hello ForexMan,

I usually trade a modest .1 lotsize for each $1,000 in my account normally... I have upped things to .2 lotsize though and have been happy with this modest setting I prefer to trade with... (I manually select the lotsize and do not use the percentage with the bot).  Generally folks should determine what the maximum loss they are willing to trade the Droid with if things go bad for them on one trade (or 2 trades if both the Stealth and Aggressive trade in one night on you if you trade with both) and also decide whether or not to use the Recovery mode - I do not use the Recovery mode myself though.... Hope you can determine what you would like to trade the Megadroid 1.21 at for your portfolio...

Cheers,

Colleen ;)
Hi Colleen,

is it possible to provide a summary of like fixed lot size vs using risk % with or without recovery mode?

like what are the pros and cons and what are expected in terms of good or bad times?

Regards
Title: Re: MegaDroid...
Post by: Colleen on May 21, 2010, 04:53:28 AM
Hello ForexMan,

I usually trade a modest .1 lotsize for each $1,000 in my account normally... I have upped things to .2 lotsize though and have been happy with this modest setting I prefer to trade with... (I manually select the lotsize and do not use the percentage with the bot).  Generally folks should determine what the maximum loss they are willing to trade the Droid with if things go bad for them on one trade (or 2 trades if both the Stealth and Aggressive trade in one night on you if you trade with both) and also decide whether or not to use the Recovery mode - I do not use the Recovery mode myself though.... Hope you can determine what you would like to trade the Megadroid 1.21 at for your portfolio...

Cheers,

Colleen ;)
Hi Colleen,

is it possible to provide a summary of like fixed lot size vs using risk % with or without recovery mode?

like what are the pros and cons and what are expected in terms of good or bad times?

Regards

Hello dennerle,

A summary of fixed lot vs risk % would have to be computed to be configured to what you wanted to compare the equity to so a referral back to the manual may help you with figuring that out if you wanted to do a comparison per se...

My preference has been to trade at .1 lotsize per $1,000 just outlines what I usually prefer to trade the Droid with (what I consider very modest settings) but lately have upped things to .2 lotsize since things have been trading well lately.  Some traders trade at a lower risk level and others trade at a higher risk level - I like to trade safer these days with my small account... and I do trade with the Aggressive and Stealth but not the Recovery Mode as I do not wish to risk a doubling of lotsize for the next trade after a loss as this is my preference - the manual explains this also...

Each trader has to decide what his/her appetite of risk is - imagine the maximum loss you are willing to take on... and base your percentage according to your equity as explained in the manual - or set it manually like I do at a lotsize that you prefer to trade with... Should you run both Aggressive and Stealth together and do you want the Recovery Mode on also?  

The pros and cons?  Well, using Aggressive and Stealth increases the possibility of trades being placed hence more risk for you if both trades go bad for you - some traders prefer to run with just the Stealth and forget the Aggressive option... and you know how I feel about the Recovery mode - no thanks for me...

Hope this helps you configure your trading strategy...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: dennerle on May 21, 2010, 05:10:44 AM
Hello ForexMan,

I usually trade a modest .1 lotsize for each $1,000 in my account normally... I have upped things to .2 lotsize though and have been happy with this modest setting I prefer to trade with... (I manually select the lotsize and do not use the percentage with the bot).  Generally folks should determine what the maximum loss they are willing to trade the Droid with if things go bad for them on one trade (or 2 trades if both the Stealth and Aggressive trade in one night on you if you trade with both) and also decide whether or not to use the Recovery mode - I do not use the Recovery mode myself though.... Hope you can determine what you would like to trade the Megadroid 1.21 at for your portfolio...

Cheers,

Colleen ;)
Hi Colleen,

is it possible to provide a summary of like fixed lot size vs using risk % with or without recovery mode?

like what are the pros and cons and what are expected in terms of good or bad times?

Regards

Hello dennerle,

A summary of fixed lot vs risk % would have to be computed to be configured to what you wanted to compare the equity to so a referral back to the manual may help you with figuring that out if you wanted to do a comparison per se...

My preference has been to trade at .1 lotsize per $1,000 just outlines what I usually prefer to trade the Droid with (what I consider very modest settings) but lately have upped things to .2 lotsize since things have been trading well lately.  Some traders trade at a lower risk level and others trade at a higher risk level - I like to trade safer these days with my small account... and I do trade with the Aggressive and Stealth but not the Recovery Mode as I do not wish to risk a doubling of lotsize for the next trade after a loss as this is my preference - the manual explains this also...

Each trader has to decide what his/her appetite of risk is - imagine the maximum loss you are willing to take on... and base your percentage according to your equity as explained in the manual - or set it manually like I do at a lotsize that you prefer to trade with... Should you run both Aggressive and Stealth together and do you want the Recovery Mode on also?  

The pros and cons?  Well, using Aggressive and Stealth increases the possibility of trades being placed hence more risk for you if both trades go bad for you - some traders prefer to run with just the Stealth and forget the Aggressive option... and you know how I feel about the Recovery mode - no thanks for me...

Hope this helps you configure your trading strategy...

Cheers,

Colleen ;)
thanks Colleen!

also one point i noted is that if trade with a fixed lot size, there ain't a compounding effect compared to trading with risk % as the compounding kicks in with every incremental with account balance.

do correct me if i'm wrong  :)
Title: Re: MegaDroid...
Post by: Colleen on May 21, 2010, 05:22:48 AM
Hello Again Dennerle,

As for a compounding effect with the risk % being on and the increments based on the account balance - I believe that this would be computed by the Megadroid bot for you based on the percentage set by you in your set up - the manual explains this and you know I do prefer my fixed lotsize of my choice... I do like to control my lotsize for future trades of my own choice and do not want the ea to decide for me...

Also if a trade is made with a fixed lot size like I prefer to do with my .2 lotsize - you must be sure to enter a Risk Level of 0.0 as you cannot run the two at the same time - one will override the other and who knows which one will determine the lotsize - you do need to be careful to set this correctly...

Have a Great Weekend...

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on May 21, 2010, 06:40:19 AM
MD on steroids this week, +11.8 and +10.1 last night!
Title: Re: MegaDroid...
Post by: Mr Hector on May 21, 2010, 07:24:13 AM
Entering risk overrides lot size.  Keep risk at 0 to use lot size.
Title: Re: MegaDroid...
Post by: dkmillion on May 21, 2010, 01:47:17 PM
Does Megadroid's stop vary?
Title: Re: MegaDroid...
Post by: dennerle on May 21, 2010, 01:59:13 PM
Does Megadroid's stop vary?
i heard vary between 42 pips and 150pips
Title: Re: MegaDroid...
Post by: asher on May 22, 2010, 02:30:23 AM
does anyone know which broker has the best consistency and returns with megadroid??? im in australia and am going to use a few different ones to spread the risk .. looking at alpari uk, fxcm aus, go markets ?? the problem with alpari uk is i cant use AUS as the base currency so with that one im not sure which currency is best to use?? can anyone help?

asher ???
Title: Re: MegaDroid...
Post by: robl45 on May 22, 2010, 03:22:19 AM
spread the risk of what, you are in austrailia, you really have one choice, gomarkets.  and be glad you have them, most people can't use them because the latency is too high.
Title: Re: MegaDroid...
Post by: dkmillion on May 22, 2010, 02:16:36 PM
Use GoMarkets, Megadroid makes about twice more trades on GoMarkets than Forex.com. 
Title: Re: MegaDroid...
Post by: rijani on May 23, 2010, 02:26:29 PM
Now I run MD version ADT 2010 on Alpari UK (demo) dan FXPro (live). Since May 12, 2010 MD have made 13 trades and all profit (both accounts).
Title: Re: MegaDroid...
Post by: dennerle on May 23, 2010, 02:46:42 PM
Now I run MD version ADT 2010 on Alpari UK (demo) dan FXPro (live). Since May 12, 2010 MD have made 13 trades and all profit (both accounts).
hmmm i thought ADT is pretty dead nowadays as many traders find megadroid doesn't perform well with ADT? :o
Title: Re: MegaDroid...
Post by: ForexMan on May 25, 2010, 05:26:00 AM
Anyone using Forex.com UK with standard accounts ? Any problems from platform ?
Title: Re: MegaDroid...
Post by: dkmillion on May 25, 2010, 06:01:34 AM
Forex.com does not give so many trades with Megadroid, I moved to GoMarkets.  Their spreads are much better and you will get more trades!  Have a look at mt4spreads.com
Title: Re: MegaDroid...
Post by: ForexMan on May 26, 2010, 01:26:25 AM
currently on Alpari UK, I am getting one trade a day at about 00.00 hours. +/- 1 hr.

how many trades do you get on GoMarkets and what are the win to loss trades ?
Title: Re: MegaDroid...
Post by: 808 on May 26, 2010, 02:22:01 AM
In a bad trade w/Forex.com now. ouch
Title: Re: MegaDroid...
Post by: ForexMan on May 26, 2010, 03:32:41 AM
yeah.. this looks bad...
Title: Re: MegaDroid...
Post by: miclai on May 26, 2010, 06:36:29 AM
me too, on Alpari UK..similar to the one last week..
Title: Re: MegaDroid...
Post by: wnksta on May 26, 2010, 06:43:12 AM
9.5 pips full TP on GoMarkets and 10.2 pips full TP on NordMarkets ECN. BOTH LiveAccounts! didnt had any SL for last 3 month on these two brokers.
Title: Re: MegaDroid...
Post by: DamBuster on May 26, 2010, 06:49:42 AM
26.05.10, Alapri UK live classic, +9.3 pips :)
Title: Re: MegaDroid...
Post by: Mr Hector on May 26, 2010, 08:49:35 AM
Alpari UK:

Micro acct. 1 No trade
Micro acct. 2 + 8.5
Micro acct. 3 still open -30ish
Classic + 10
Pro + 10.5

Interestingly the account that didn't close in profit - and is still open is the only account that has stealth set to true.  Any thoughts?
Title: Re: MegaDroid...
Post by: miclai on May 26, 2010, 09:41:50 AM
if stealth is set to false, is the real take profit sent to the broker when the trade is opened?  Therefore it should close quicker?
Title: Re: MegaDroid...
Post by: ForexMan on May 26, 2010, 12:13:55 PM
Big loss today..

Alpari UK Micro 2 - 61.2 pips!  ???
Title: Re: MegaDroid...
Post by: dennerle on May 26, 2010, 12:15:16 PM
Forex.com live big loss too -60pips  :o
Title: Re: MegaDroid...
Post by: Gordon on May 26, 2010, 12:18:38 PM
Minus 61 pips today. Had to happen at some stage, so best to get it over with and look forward to
better times ahead.  :)

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: dennerle on May 26, 2010, 12:25:22 PM
Minus 61 pips today. Had to happen at some stage, so best to get it over with and look forward to
better times ahead.  :)

Cheers,

Gordon
which broker?
Title: Re: MegaDroid...
Post by: Gordon on May 26, 2010, 12:41:11 PM
Minus 61 pips today. Had to happen at some stage, so best to get it over with and look forward to
better times ahead.  :)

Cheers,

Gordon
which broker?

Live account on Alpari UK.

By the way if you use this formula in a spreadsheet, it will give you number of consecutive losses
that you can expect

=ROUND(LN(1092)/-LN((1-0.85)),0)

The 1092 is just the number of trades and can be adjusted to any figure you like. The 0.85 is the
percentage strike rate and can be adjusted to anything you like.

Using Megadroid with a strike rate of 95.82% the formula would look like this

=ROUND(LN(1092)/-LN((1-0.9582)),0)

Which would give an answer of 2 (I hope  ;D ).

Obviously the greater the number of trades the greater the chances of 2 or even 3 consecutive
losses happening as is indicated by increasing the number of trades to 10,000 in the formula
below:

=ROUND(LN(10000)/-LN((1-0.9582)),0) which should give an answer of 3.

Getting 2 consecutive losses can happen but it is very rare given Megadroids very high strike rate.

Hope this helps,

Gordon
Title: Re: MegaDroid...
Post by: fx50 on May 27, 2010, 12:29:44 AM
megadroid rocks,,, 60 second 10 pip short @ forex.com
Title: Re: MegaDroid...
Post by: ForexMan on May 27, 2010, 12:41:50 AM
thats just a portion of yesterdays loss! may take a few days to recover!
Title: Re: MegaDroid...
Post by: yazban on May 27, 2010, 10:05:26 AM
I was unlucky today... my internet connection was cut in the middle of a trade and the result was a 154 pip loss. Wiped out over half of my account.
Title: Re: MegaDroid...
Post by: dennerle on May 27, 2010, 10:07:31 AM
I was unlucky today... my internet connection was cut in the middle of a trade and the result was a 154 pip loss. Wiped out over half of my account.
next time try to use a VPS :)

it's safer too
Title: Re: MegaDroid...
Post by: dkmillion on May 27, 2010, 11:34:43 AM
Oh boy, even a cheap vps is better than no vps!!
Title: Re: MegaDroid...
Post by: yazban on May 27, 2010, 12:18:09 PM
Yeah, you are right, I should do that. Thanks!

But there is one strange thing though. I had the automatic risk set to 15% if I remember right, and the lot sizes Droid was trading were about 0.14 or 0.15. But last night, it made two losing trades with a lot as big as 0.29, including a small loss and as well the huge loss.

How can something like this happen? I haven't touched the settings for months.  ???
 
Here are my stats http://bukkag.mt4stats.com/ (http://bukkag.mt4stats.com/)

EDIT: Apparently it was the recovery mode that did this. I got an answer from Megadroid's support.
Title: Re: MegaDroid...
Post by: dkmillion on May 27, 2010, 07:21:51 PM
I think the Recovery mode is the most insane setting.  In the beginning I used it just to find 2 stops at the end of the trading session!  If it is wrong then it is the best to start over the next day, you are just increasing the risk by switching this on!  You can rather increase your risk next day and use your own "recovery mode", at least you stand a better chance to "recover" as we do not often get 2 stops in a row!!
Title: Re: MegaDroid...
Post by: tlbone on May 27, 2010, 10:19:03 PM
ben cook sure is getting alot of trades....i only have seen 1 so far this week...he must have a good broker   http://www.myfxbook.com/members/droidtactics/default-megadroid-live/17822 (http://www.myfxbook.com/members/droidtactics/default-megadroid-live/17822)
Title: Re: MegaDroid...
Post by: Istherehope on May 27, 2010, 11:28:31 PM
I am getting trades everyday on Alpari Uk micro and also a SL this week
Today I just removed Megadroid fromthe live account.
I am demoing it on MBtrading and it gets a trade per day this week and all winnings.
I think it performs better in a ECN broker like this one.
Title: Re: MegaDroid...
Post by: 808 on May 28, 2010, 12:28:58 AM
Hit a stoploss this week but recovery mode had 2 wining trades today.  Recovery mode is risky but seamed to work this time turned a 76 dollar loss into a 26 dollar loss this week.
Title: Re: MegaDroid...
Post by: ForexMan on May 28, 2010, 12:41:05 AM
How does recovery mode work ?

I have mine set but noticed that the lot size is pretty constant.
Title: Re: MegaDroid...
Post by: 808 on May 28, 2010, 12:57:16 AM
Is risky, but it doubles your lot size once until the loss is made up. If you have lot size set manually I don't think it will work.
Title: Re: MegaDroid...
Post by: fx50 on May 28, 2010, 01:02:36 AM
The new feed @forex.com seems to be an improvement 2 trades tonite for 20 pips, 1 trade @ibfx for 10, and 2 @atc for 20, got beer money for the weekend ;)
Title: Re: MegaDroid...
Post by: tlbone on May 28, 2010, 03:03:48 AM
wanted to make sure meg was trading correct time....the time it gives me default to set is gmt 2 ....this makes meg take trades from 22:30 - 00:45......ive noticed with some traders their trading times start at 21:00....
Title: Re: MegaDroid...
Post by: Chip4Pips on May 28, 2010, 05:28:54 AM
The new feed @forex.com seems to be an improvement 2 trades tonite for 20 pips, 1 trade @ibfx for 10, and 2 @atc for 20, got beer money for the weekend ;)

Also got the two FOREX.com trades, on both regular and pro spread accounts.
Title: Re: MegaDroid...
Post by: forexforever on May 28, 2010, 05:38:21 AM
The new feed @forex.com seems to be an improvement 2 trades tonite for 20 pips, 1 trade @ibfx for 10, and 2 @atc for 20, got beer money for the weekend ;)

Also got the two FOREX.com trades, on both regular and pro spread accounts.

hi chip, i got 2 trades 10 pips each on alpari live, 3 trades 10 pips each of fxcbs demo.

of the topic is the pro spread account different? is it ECN style where they charge commission or just spread?

i am going to do a pro account at alpari but thought i might try forex.com account if its the same?

let me know,

thanks
Title: Re: MegaDroid...
Post by: DamBuster on May 28, 2010, 05:41:48 AM
28.05.10 Alpari UK live, +9.6 pips :)
Title: Re: MegaDroid...
Post by: Mr Hector on May 28, 2010, 08:41:39 AM
The new feed @forex.com seems to be an improvement 2 trades tonite for 20 pips, 1 trade @ibfx for 10, and 2 @atc for 20, got beer money for the weekend ;)

Also got the two FOREX.com trades, on both regular and pro spread accounts.

hi chip, i got 2 trades 10 pips each on alpari live, 3 trades 10 pips each of fxcbs demo.

of the topic is the pro spread account different? is it ECN style where they charge commission or just spread?

i am going to do a pro account at alpari but thought i might try forex.com account if its the same?

let me know,

thanks

Hi forexforever,  I run all three types of account with Alpari, Micro (3 accts.), Classic and Pro.  I trade MD on all three.  Last night I got two trades on Micro and Classic, but the Pro account took all three trades at 10 pip profits.  I've been looking for a different broker for my small lot trading because of the widening spreads during the Asian session, but I must admit I do like the Pro account, especially for MD.  I got a loss the other day 26/05 on one of the micro accounts, but the Pro and Classic accounts both won.  Pro account has had 5 trades this week.  I've traded MD on the Pro account since 01/04 and just had the one loss on 22/04.  I hope this gives you some Idea regarding AlpariUK. 
Title: Re: MegaDroid...
Post by: miclai on May 28, 2010, 10:32:06 AM
does Alpari uk pro account require a minimum trade size of 3 lots?  That's a lot of risk for me
Title: Re: MegaDroid...
Post by: DamBuster on May 28, 2010, 10:43:08 AM
does Alpari uk pro account require a minimum trade size of 3 lots?  That's a lot of risk for me

Yes, minimum 3 lots on Alpari UK pro
Title: Re: MegaDroid...
Post by: Chip4Pips on May 28, 2010, 03:54:20 PM
Quote

of the topic is the pro spread account different? is it ECN style where they charge commission or just spread?

i am going to do a pro account at alpari but thought i might try forex.com account if its the same?

let me know,

thanks

I just opened up the pro spread account this week, switching over from Go Markets where they wouldn't open up a general partnership account for me because I'm an American. I am evaluating the regular and pro side-by-side running the same EAs in order to determine which is better for me when taking into account the differing rebate structure for each account. No ECN, no commission; just the spread on a 5-digit account.

My first impression is that the spread is usually just as wide as the regular account, except that it is five digits. I watched the feed closely during the trading session on Thursday, and there were a few ticks where it went below 2 on the EURUSD, but certainly nothing like what you see at STP brokers. For example, it registered as being too wide for the entire USDCHF trading session for Forex Shocker 2 (minimum spread set at 4). I did have 0.7 pips worth of price improvement on one of the MD exits on the pro account. Anyhow, time will tell....
Title: Re: MegaDroid...
Post by: ForexMan on May 29, 2010, 11:54:08 AM
Alpari pro account is standard lots ?

Title: Re: MegaDroid...
Post by: Colleen on May 29, 2010, 12:16:54 PM
Hello Folks!

Here's the Megadroid trades this past week and things were going on like this for my MIG account...

32301054 2010.05.26 00:17 buy 0.20 eurusd 1.23474 1.21957 1.23974 2010.05.26 12:18 1.22881 0.00 0.00 0.00 -118.60
32318011 2010.05.27 00:58 sell 0.20 eurusd 1.21785 1.23304 1.21285 2010.05.27 00:59 1.21685 0.00 0.00 0.00 20.00
32335623 2010.05.27 23:03 sell 0.20 eurusd 1.23728 1.24150 1.23228 2010.05.27 23:29 1.23620 0.00 0.00 0.00 21.60
32335876 2010.05.27 23:40 buy 0.20 eurusd 1.23495 1.21974 1.23995 2010.05.27 23:47 1.23596 0.00 0.00 0.00 20.20
32336147 2010.05.28 00:24 buy 0.20 eurusd 1.23473 1.21954 1.23973 2010.05.28 01:12 1.23573 0.00 0.00 0.00 20.00

A BIG LOSS on Wednesday but making up over the next couple of days did help things out I think... I don't use the Recovery Mode myself for my personal preferences to control lotsize trading on this account but things are looking up for my MIG account after the blunder trade that was a BIGGIE indeed... I do play the Aggressive and the Stealth settings enabled though and that helped me recover here also...

Let's see how the Droid trades next month for us then...

Have a GREAT WEEKEND Folks!

Heatwave up here in Ontario, Canada... Keep hydrated during the hot Spring and Summer days and don't forget the Sunscreen too!

Colleen ;)
Title: Re: MegaDroid...
Post by: wnksta on May 29, 2010, 12:57:36 PM
you know that scalping isnt allowed at MIG? dont think these results are from live. therefore is spread at MIG pretty large at asian session. seems you want to promote MIG, cause you get nice rebates on MIG?
Title: Re: MegaDroid...
Post by: Colleen on May 29, 2010, 01:20:28 PM
Hello wnksta,

I must correct you here - I do use a LIVE MIG trading account for trading here and have been posting for a few months as such in here... and let me please explain to you about how the "NO SCALPING" works out for trading with a MIG account here as it is not an issue with trading the Megadroid 1.21 as follows... I too had a concern with the MIG "No Scalping" rule but Gavin from The Aslan Group explained things to me when I asked him how my MIG account would work trading the Megadroid 1.21 with it...

MIG considers a scalp trade to be one that is opened less than five minutes and closes for less than 10 pips.

So if it is opened less than 5 minutes and closes for more than 10 pips it is not a scalp or if it closes for less than 10 pips but is open for longer than 5 minutes it is also not a scalp.

In order to be in violation of their terms, more than 90% of your overall volume needs to fit their definition of a scalp trade. So even if you do close trades in under 5 minutes for less than 10 pips, as long as it is not 90% of your volume you will be fine.

And, thus far my LIVE MIG account has been fine trading Megadroid 1.21 (and the Swissy AccuScalper also)... spreads are pretty much the same as other brokers trading at the Asian timeframe... I have another account at Tadawul FX and most of the trades are mirrored almost identical to the MIG platform - in fact there is the odd time I do find the MIG account is better at executing trades than the other platform... Broker Variance does exist with this bot and all the brokers us traders use...

And yes I am using a LIVE MIG account... it is only polite in this thread to identify which broker you are using with the Megadroid so others can properly compare their stats to mine and versa visa...

And yes I do like to promote MIG as I do receive nice rebates with it with The Aslan Group and I am quite happy trading with this broker... perhaps my trading results can enlighten other traders with correct information about how the trading works with this particular broker here... (I also get nice rebates for my Tadawul FX account too - Thank you to the Rebate Plan with The Aslan Group and I do use most of the brokers they work within my portfolios and do like to encourage other traders to look at the good brokers being offered with the Rebate Plan - I have always been an advocate for their Rebate Program...)

Hope this helps explain trading LIVE with MIG to you and others who might be interested also...

Have a Great Weekend!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: wnksta on May 29, 2010, 02:34:09 PM
ok but your Swiss scalper does seem to close often for just 1-4 pips. and i think i wont believe you, cause i know MIG pretty well and i know there execution. VERY OFTEN its really worse. and i know from other MIG clients, that scalpers (MD,FapT,etc etc etc) worked very bad on MIG and and MIG told them to dont use them. dont know if its the same now, cause it was about 2 month ago, BUT i really cant believe that MIG changed anything, as its a really good broker for swing / longterm trader and money safety and stuff.

but if you dont show a picture of your account, with the trades and trade comments i wont believe you as in my point of view its just impossible :)

anyway, great weekend.


Cheers
Title: Re: MegaDroid...
Post by: Colleen on May 29, 2010, 03:10:37 PM
Request will be granted...

Here's a screenshot of my LIVE MIG trading account and this past weeks' Megadroid 1.21 ea trades that occurred...

Hope this makes you a believer that I am really trading the Megadroid bot on my Live MIG account now... and my previous posts are not some of my delusional rantings... lol ;)

And the Swissy Accu Scalper also trades on this same MIG account...

And the assumed impossibilities actually are possibilities if you adhere to the parameters set out with the "No Scalping" rule set out by the MIG Broker... no issues with trading these 2 bots with this account thus far... guess that Swissy bot hasn't violated the 90% level as yet... and we are ready to start a new month of trading so another month goes by uneventful with my Live MIG account for me...

I've had this LIVE MIG account for about 6 months now and have been happily trading with it...

And perhaps this will help MIG get more clients since there seems to be a definitive misunderstanding of how to trade with this broker and their "No Scalping" rule - it does not need to be all gloom and doom - 90% is not difficult to remain within the set parameters - my Live MIG account running my 2 bots seems to attest to this...

I am a little hurt by you not believing in my posts - I felt like it was a shot at my credibility - if you know me from my posts already within this forum, you should be able to believe that what I post is true... I assure you I would not say over and over again in this thread that I was trading on a Live MIG account if such was not the case...

Anyhow, let's get back to Megadroid 1.21 trading for next month and I do hope everyone finds the Profitable Pips with this bot in June...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: forexforever on May 29, 2010, 03:48:42 PM
hi Julian and Chip,

Thanks for your replies about my questions on Alpari Pro account. I thought that forex.com didnt have anything that amazing but i thought the alpari pro account was good.

Think i will switch my normal alpari account to the pro version now since megadroid has been perferming so well. i think i had just one SL this year.

i also think fxcbs spread is pretty amazing, like the pro account but u dont have minimim 3 lots, but i dont know how the execution is on their live account? anyone know? anyone have experience with fxcbs?

please let me know

Thanks
Title: Re: MegaDroid...
Post by: Mr Hector on May 29, 2010, 04:44:54 PM
Hi Forexforever.  I also considered fxcbs for a while, but decided their spreads for the non commision account were very similar to Alpari Classic and Micro and their commission based account didn't seem any better than Alpari Pro apart from being able to trade smaller lots than the minimum 3 on Alpari.  As I have my VPS in the UK and the latency is very low indeed (5ms) to AlpariUK I'm staying with them for the time being for my main account.  There are no requotes with the Pro account and you are able to place trades within the spread, all good for MD. 

I'd also like to know more about trade execution with fxcbs if anyone has the info.
Title: Re: MegaDroid...
Post by: SHARKspear on May 29, 2010, 04:57:12 PM
May be a silly question, is the VPS latency really that important? With spreads and market depth also in the equation, I doubt the latency will be of minor importance as long as its not as bad as (say) > 1 second delay.

Any comments welcome, I am really thinking about this

Learning
SHARK
Title: Re: MegaDroid...
Post by: robl45 on May 30, 2010, 03:38:16 AM
yes latency can make a difference, the difference between 70ms and 40ms I have seen be the difference between a pip in live orders on the same EA and same broker, and the trades are placed at precise prices so there is no margin for error except the latency.

As for alpari PRO, I may be wrong, but I doubt they can beat FXCBS on spead,I've seen no other broker that can touch them for spread.  The problem is they blow their spread out to like 100 pips on some pairs which clearly is how they make money.  also at many times there spread isn't that much better than say iamfx, but if you look at mt4spreads.com, they have spreads on the eurusd that are like .3 or .5 and I've never seen a broker that beats that.
Title: Re: MegaDroid...
Post by: dennerle on May 30, 2010, 08:31:14 AM
hey guys, right now are u all able to reload your megadroid by bringing up the dialog box using F7 and click 'OK'?

I did that and i got the error message stating error(256) Server Response Failed.

Are you guys having the same issue right now?
Title: Re: MegaDroid...
Post by: dkmillion on May 31, 2010, 09:21:30 AM
I wonder if it is safe to trade Megadroid today with the holiday?  Maybe not...
Title: Re: MegaDroid...
Post by: tlbone on May 31, 2010, 02:03:13 PM
well my default mdroid doesnt take trades on mondays....just tue,wed,thur is all ive seen it trade on so wont be a prob on my end....so far im happy with 1-2 trades a week...with money management it increases as the account increases but then i have to keep adjusting its trading size so it wont get out of hand just so i wont get a tremendous s/l.....ive stopped trading adt so all this month its been default mdroid only....its made $365 this month just putting along in first gear....but then dep on the size of your account as to what it brings in just crawling along....this way for me very little worry or stress....and if and when a stop loss does come along it wont break the bank....seems ive lost so much coin for the past year just learning how everything works and now i look back and just think if i would have traded mdroid the way it was meant to be traded i would be alot better off.....but then i wouldnt have learned anything either....and we kept telling the makers they didnt know what they were talking about ;D
Title: Re: MegaDroid...
Post by: Chip4Pips on May 31, 2010, 02:29:15 PM
MD doesn't trade the last three days of any month, so no need to worry about it trading today even if you leave it on.
Title: Re: MegaDroid...
Post by: tlbone on May 31, 2010, 04:27:24 PM
well in my case i never have the trading pc on except about 2 hrs before its trading time....only when im working and i will be gone most of the day i start it up before i leave and shut it down when i get home....i have probs with my router....when the elec goes off and on which i seem to have probs with now and then the only thing that loses connection is the router....everything else stays on.....just one of those things i will have to tolerate....cant afford to spend $35/mnth for vps server....so i just put up with it...so now and then i wont get a trade for a week because of this .....i also run my demo during same period and that way i know if ive missed a trade or not....im running it on my virtual million dollar account  ;)
Title: Re: MegaDroid...
Post by: forexforever on May 31, 2010, 04:27:48 PM
how come MD trades completely different when on other time frames like -1 etc than the default?

Do other have the same problem as I am having?

The first trade has a SL of like 35 pips and always gets hit and opens the 2nd trade and sometimes a profit. But on default the SL is always over 100 pips and hardly ever open the 2nd trade. I have the same settings on both but all other time frames seem to be like this and therefore can never work.

If u have any ideas let me know.

Thanks
Title: Re: MegaDroid...
Post by: tlbone on May 31, 2010, 04:36:21 PM
Not sure i know what im talking about...maybee can fig it out....default is for you standard md gmt dep on where your time zone is...so a -1 would be 1 hour earlier than your default time ? and in that case md has determined when the safest time to trade is by default and you alter it by 1 hour you have increased your risk of getting a s/l because by all its programing it is only setup for the default time zone and anything else i would think it wouldnt be analyzing it properly ?...by default most of the time i can rem if i had a s/l with it running default it was only around 43-53 pips...
       If i ran another instance of the md on another tab using an hour earlier or later it wouldnt operate by the set standard rules and the s/l could vary and sometimes get carried away....i used to run 7 diff tabs of md using diff times....-2,-4,+2 +4 etc then i started running the adt version and did fairly well with it for awhile then the market became really sporadic......now im back to default so far this month on a whole default has calmed down and started behaving itself...you can make md take many trades but you also increase your chances of s/l and all it takes is 1 good s/l to wipe out a good month of trading profits.... somebody else jump in here....think im getting over my head...
Title: Re: MegaDroid...
Post by: asher on June 01, 2010, 10:09:02 AM
hi i am trying to run megadroid with gomarkets and i have a vps but it is only windows 2008.. i went thru all the setup procedures and the megadroid is in the expert advisors but no smiley face or action happening and expert advisors is turned on .. does anyone know why this is now working.. oh and i havent funded the account yet.. but its live? can anyone help ? i have heard rumours that gomarkets dont accept ea's please please help im trying to get this started and its really frustrating!!!!
Title: Re: MegaDroid...
Post by: ehd4fap on June 01, 2010, 10:38:36 AM
Hi Asher, did you actually drag the expert advisor from the list to the chart? If you don't see a sad/smiley face in the upper right corner of the charts, there is no expert attached to it.
To add it, open a chart (EURUSD). Drag MegaDroid from the expert advisors list on the chart (or right click MegaDroid and select Attach to a chart). You'll get a window with some settings. Enter your (clickbank?) order number there and hit OK.
Title: Re: MegaDroid...
Post by: Colleen on June 01, 2010, 01:34:37 PM
Hi Asher,

Follow ehd4fap's advice and also make sure the dll file is loaded into the GoMarkets platform's expert advisors library... this is where the dll file must go... I have a couple of eas running on my GoMarkets account so I don't think GoMarkets is the issue... Check your setup and try again... I'm sure you'll get your "Happy Face"!

Best of luck!

Colleen ;)
Title: Re: MegaDroid...
Post by: Istherehope on June 02, 2010, 12:22:54 AM
Megadroid traded today on my MBtrading demo account and won 9pips.
It seems to love ECN brokers
Title: Re: MegaDroid...
Post by: Colleen on June 02, 2010, 02:30:50 AM
Hi Folks!

Megadroid 1.21 traded on my LIVE MIG tonite also! Scored my 10 pip profit here... :)

32380180   2010.06.02 00:10   sell   0.20   eurusd   1.22365   1.23533   1.21865   2010.06.02 00:38   1.22265   0.00   0.00   0.00   20.00

Profitable Pips for us all tonite!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: robl45 on June 02, 2010, 03:49:57 AM
i got 2 buys and sell, all profitable.

razorservers is 14 dollars a month, maybe that fits your budget.  I just started with them.  vps part is fine, but so far they can't get my control panels to work and they can't get windows 2003 server 64 bit to work.  but for 14 bucks a month, I have a vps and it works.
Title: Re: MegaDroid...
Post by: tlbone on June 03, 2010, 05:09:05 AM
looks like only demo took a trade for 10p....mdroid must be snoozing again....
Title: Re: MegaDroid...
Post by: asher on June 03, 2010, 08:16:56 AM
thx ehd4fap and colleen i finally got it up and running  and just funded the account so we will see what happens with gomarkets  :)

also i am using a vps windows 2008 standard 32 bit server is that ok???
Title: Re: MegaDroid...
Post by: ehd4fap on June 03, 2010, 08:27:16 AM
Excellent asher! That VPS sounds just fine :)
Title: Re: MegaDroid...
Post by: tlbone on June 03, 2010, 10:34:33 PM
is strange...megd only seems to be taking trades after 23:30....used to take them around 22:30....guess with the time changes it goes either 1 hr fwd or bwd....
Title: Re: MegaDroid...
Post by: DamBuster on June 04, 2010, 07:02:19 AM
04.06.10, Alpari UK live, +8.5 pips :)
Title: Re: MegaDroid...
Post by: Colleen on June 04, 2010, 01:00:23 PM
Hi Folks!

Here's my Live Trade on my MIG account...

32410424   2010.06.04 00:20   sell   0.20   eurusd   1.21701   1.22255   1.21101   2010.06.04 01:20   1.21616   0.00   0.00   0.00   17.00

Have a Great Weekend!

Colleen ;)
Title: Re: MegaDroid...
Post by: ForexMan on June 04, 2010, 02:57:30 PM
Silly question :

Can we use MD on more then 1 account ?

TQ
Title: Re: MegaDroid...
Post by: Mr Hector on June 04, 2010, 03:04:06 PM
Let's just say you should try it for yourself.  ;)
Title: Re: MegaDroid...
Post by: DamBuster on June 04, 2010, 04:51:32 PM
I have it on 2 live accounts with the same broker with no problems
Title: Re: MegaDroid...
Post by: tlbone on June 05, 2010, 01:17:14 AM
well at least had 1 trade this week...but was a short week...
Title: Re: MegaDroid...
Post by: wilsonch on June 05, 2010, 10:26:12 PM
anyone trading with Fxpro with real money? have been putting in shelf my MD for months. Think of taking it out. :)
Title: Re: MegaDroid...
Post by: Mr Hector on June 06, 2010, 12:14:21 AM
take it out dude.  ;D
Title: Re: MegaDroid...
Post by: dennerle on June 06, 2010, 12:52:19 AM
anyone trading with Fxpro with real money? have been putting in shelf my MD for months. Think of taking it out. :)
why did you put MD in the shelf?

to date, i find it's the most reliable commercial EA  ;D
Title: Re: MegaDroid...
Post by: wilsonch on June 06, 2010, 01:22:43 AM
it wasn't showing much reliable result during end of 2009 and early 2010. was somehow losing confidence in it. :)
Title: Re: MegaDroid...
Post by: wilsonch on June 06, 2010, 01:51:52 AM
by the way, did any of you come across with the DST effect in the backtesting of MD? i have searched in donnaforum regarding this, and someone did say we should adjust to DST. But from what I have found in other forum, MD developer is using GMT+3 for the annual results shown in the website, and I think they did not adjust for DST.
Title: Re: MegaDroid...
Post by: Chip4Pips on June 07, 2010, 04:51:30 AM
Strange night, as for the first time ever I had MD take a Sunday night trade. I am running the default settings and have never seen this before and I checked the logs and there were no errors. Luckily, it quickly closed out in profit before the EURUSD fell off the side of a cliff, but I would still like to know why the EA did this. Anyone else have a similar trade tonight?
Title: Re: MegaDroid...
Post by: DamBuster on June 07, 2010, 06:48:44 AM
No trade on Alpari UK live

Who is your broker?
Title: Re: MegaDroid...
Post by: Chip4Pips on June 07, 2010, 01:26:10 PM
FOREX.com UK. I am thinking that it might have to do with the auto-GMT offset, which I have turned on in this instance of running the EA. I have it turned off in another terminal at the same broker and that instance did not take the trade.
Title: Re: MegaDroid...
Post by: Colleen on June 07, 2010, 04:59:35 PM
Hello Chip4Pips,

No trade on my MIG or Tadawul FX account on Sunday (Default Droid trades Monday-Thursday if the conditions with the RCTPA computation agree...) I'm thinking you need to recheck all of your settings there Dude... That's always the best thing to do when strange things happen like that... Might be something not set up the way Droid needs to trade default with there I think... As you can see with my settings, GMTOffset = 0.0000000 and AutoLocalGmtOffset=1 as this is how my broker MIG computes with GMT settings for Droid trading...

Here's my settings for my MIG account for an example for you...

Version_1.21=
_1=System Parameters
Stealth=1
Aggressive=1
NFA=0
GmtOffset=0.00000000
AutoLocalGmtOffset=1
AutoServerGmtOffset=1
S1_Reference=33221144
S2_Reference=44221133
ReceiptCode=xxxxxxxx
_2=Comment Position
TopPadding=30
LeftPadding=20
TextColor1=16119285
TextColor2=13882323
_3=Strategy Parameters
Slippage=3
SendEmails=0
OrderComments=
_4=Order Management
LotSize=0.10000000
_5=Ratio Order Management
RiskLevel=0.00000000
RecoveryMode=1

And here's my old Forex.com/UK account I used to trade the Megadroid 1.21 ea bot with last Fall...

Version_1.21=; _1=System Parameters; Stealth=true; Aggressive=true; NFA=false; GmtOffset=1.00000000; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=33112244; S2_Reference=55776644; ReceiptCode=########; _2=Comment Position; TopPadding=30; LeftPadding=20
TextColor1=16119285; TextColor2=13882323; _3=Strategy Parameters; Slippage=3; SendEmails=0; OrderComments= ; _4=Order Management;
LotSize=0.10000000; _5=Ratio Order Management; RiskLevel=0.00000000; RecoveryMode=1

Hope some of my settings can help you configure your account to trade Megadroid 1.21 default... otherwise, the manual is the next place to recheck things and open a ticket with Megadroid Support at http://www.forex-megadroid.com/support/tickets.php if you're still stumped...

Looking forward to the Droid trading sometime this week with Profitable Pips for everyone! :)

Cheers!

Colleen ;)
Title: Re: MegaDroid...
Post by: Colleen on June 08, 2010, 12:40:16 AM
Hi Folks!

Well Megadroid 1.21 entered into a trade tonite for us and I opted to bail on the trade but took my profits as follows:

32441893   2010.06.08 00:28   sell   0.20   eurusd   1.19280   1.19900   1.18780   2010.06.08 00:52   1.19200   0.00   0.00   0.00   16.00
32441952   2010.06.08 00:38   sell   0.20   eurusd   1.19282   1.19795   1.18682   2010.06.08 00:52   1.19203   0.00   0.00   0.00   15.80

Hope others scored profit with the Droid! :)

Cheers,

Colleen ;)

Title: Re: MegaDroid...
Post by: DamBuster on June 08, 2010, 05:29:59 AM
08.0610, Alpari UK classic live, +8.3  :) and -53.2  >:(
Title: Re: MegaDroid...
Post by: Chip4Pips on June 08, 2010, 05:32:39 AM
Ouch. I feel fortunate to have had the system turned off tonight while investigating my Sunday night trading issue.
Title: Re: MegaDroid...
Post by: Colleen on June 08, 2010, 02:40:57 PM
Hi Folks!

I forgot to check my Forex Factory yesterday... busy day for me on Monday... Manic Monday and I really did LUCK out with my profit taking last night...

Bernanke was chatting it up last night and this info is posted at the Forex Factory site... May I suggest what I tweet regularly to fellow traders... "Check http://www.forexfactory.com  & http://www.dailyfx.com/calendar/ & plan your forex trading strategies for the week! High Impact beware!"

Hope this helps myself and others out with a reminder to check things out ahead of time and avoid trading the Droid if there are any "High Impact" items posted at either Forex Factory or Daily FX websites...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: mpetersrx7 on June 08, 2010, 09:23:15 PM
My found profit:
06.07.2010 23:28      06.08.2010 00:02     EURUSD      Sell     2.25      1.19741      1.18785      1.19271      1.19178      9.3      209.25

Mark
Title: Re: MegaDroid...
Post by: tlbone on June 08, 2010, 10:45:48 PM
so are we headed for a s/l tonight ?.....lots of volitility...
my md trades so late into the game it might miss....last night it was after 00:30 before it took a trade...

md took 7pips tonight....bulls vs bears
Title: Re: MegaDroid...
Post by: robl45 on June 09, 2010, 12:33:55 AM
are you guys running aggresive on or off?  i'm thinking maybe i should turn it off.
Title: Re: MegaDroid...
Post by: fx50 on June 09, 2010, 12:39:20 AM
yes agressive on, no loss in quite a while..... did good tonite for 7 pips on 3 brokers
Title: Re: MegaDroid...
Post by: robl45 on June 09, 2010, 02:07:18 AM
I got like 3 pips, and a full stoploss yesterday.
Title: Re: MegaDroid...
Post by: DamBuster on June 09, 2010, 06:39:52 AM
+8 on Alpari UK live :)
Title: Re: MegaDroid...
Post by: dkmillion on June 09, 2010, 04:28:15 PM
It is the best not to trade today, Fed speaking again!  >:(
Title: Re: MegaDroid...
Post by: Mr Hector on June 09, 2010, 05:14:29 PM
Thanks for the heads up.

He's speaking a couple of hours before MD trades - 9pm UK time 8pm GMT - will it all be over before MD decides to trade?
Title: Re: MegaDroid...
Post by: dkmillion on June 09, 2010, 07:06:39 PM
Imo it will definitely be risky, there can still be some volatility after this speech..
Title: Re: MegaDroid...
Post by: tlbone on June 10, 2010, 01:06:08 AM
demo took 10pips....took trade 00:39.....live 0pips...its better than a s/l...
Title: Re: MegaDroid...
Post by: Colleen on June 10, 2010, 01:49:35 AM
Hi Folks!

I opted to NOT trade tonite on my LIVE MIG account but my DEMO MIG took 7 pips profit with a SELL...

Guess the Droid guessed the right direction but why take Chances???

Let's hope for Profitable Pips tomorrow maybe...

And always remember to check http://www.forexfactory.com  & http://www.dailyfx.com/calendar/ WEEKLY and DAILY too - HIGH IMPACT = TRADER BEWARE!!!

Thanks dkmillion for the reminder in the forum though! :)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on June 10, 2010, 06:10:17 AM
10.06.10, Alpari UK live, +6.9 pips  :)
Title: Re: MegaDroid...
Post by: tlbone on June 11, 2010, 01:09:51 AM
ended up with 2 trades this week for 17p...would be happy with this every week..... ;D
Title: Re: MegaDroid...
Post by: Robot PiP Denarii on June 11, 2010, 02:47:37 AM
Two trades per account. What a week.
Title: Re: MegaDroid...
Post by: Colleen on June 11, 2010, 03:11:12 PM
Hi Folks!

Scored this nice Profitable Trade last night...

32488057   2010.06.11 00:17   buy   0.20   eurusd   1.21026   1.19549   1.21526   2010.06.11 00:33   1.21132   0.00   0.00   0.00   21.20

A couple of scary nights - Bernanke speaks and things tend to move on the markets - probably causing Monday's Stop Loss and making me tread carefully by NOT trading on Wednesday since the Fed Chairman Bernanke was chatting it up again on Wednesday night... so I'll have to be more diligent in checking the Forex Calendars...

And I Lucked out Monday with scalping profit before things went South on the Droid trade...

32441893   2010.06.08 00:28   sell   0.20   eurusd   1.19280   1.19900   1.18780   2010.06.08 00:52   1.19200   0.00   0.00   0.00   16.00
32441952   2010.06.08 00:38   sell   0.20   eurusd   1.19282   1.19795   1.18682   2010.06.08 00:52   1.19203   0.00   0.00   0.00   15.80

So that's this week with Droid trading on my Live MIG account...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Gordon on June 14, 2010, 09:05:23 AM
My view is MD is a robot. That to me, means hands off. So I set it and let it do what I understand it is
designed to do. As a result I made good money last week (live accounts), stop-loss included.

I think that if you are going to decide when to switch MD on and off, you might as well be gambling. In
which case, you don't need a robot.  ;)

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: Colleen on June 14, 2010, 01:51:08 PM
Hi Folks!

I checked the Forex Calendar for this week and noticed that Fed Chairman Bernanke is speaking on this Wednesday night at 5:45pm EST - and it's a High Impact that traders should beware that sudden market movements could be caused as a result...

So I'm turning my Megadroid 1.21 ea off for Wednesday, June 16th, 2010 trading just in case the Droid decides to enter into a trade that market conditions could turn into a potential Stop Loss as a result of a High Impact item occurring on the Forex Calendar...

Just a "Heads Up" for traders to consider their trading strategy from... Unfortunately, bots cannot read the news so they cannot be expected to perform properly in the middle of a sudden market movement that the traders could have read about ahead of time and played their bots with discretion...

I can remember instances where the Droid cost traders a couple of Stop Losses in February and there was an uproar of unhappy traders, myself included - as the FOMC meeting of High Impact was not announced on the Forex Calendars in time... so I don't think it's a biggie to suggest traders turn their bots off just in case for News Events we are aware of... I'd rather post the info than to let fellow traders not be aware of things going on out there...

Anyhow, check the calendars out at http://www.forexfactory.com & http://www.dailyfx.com/calendar/ - Forex Factory has it listed as a High Impact although Daily FX has it listed as a Low Impact but in my humble opinion, why take the chance?

Trade if you will, as you will, I'm merely suggesting that your reassess your trading strategy on that particular day...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: tlbone on June 14, 2010, 11:54:36 PM
no trades for tonight on either live or demo=no s/l  ;D
Title: Re: MegaDroid...
Post by: Colleen on June 15, 2010, 02:02:40 AM
Hi tlbone,

That's right... No trades tonite as the RCTPA decided No Trading for Megadroid 1.21 for us...

And you're right that = no s/l... and we could think of it as being a successful trade also though! :)

Cheers,

Colleen ;)


Title: Re: MegaDroid...
Post by: tiffanyfanny on June 15, 2010, 04:38:22 AM
no trades for tonight on either live or demo=no s/l  ;D (http://www.barclaymaps.com/images/smiley-mgd.jpg)

The EUR looks to be going up these few days...better stay on the LONG side for now
Title: Re: MegaDroid...
Post by: tlbone on June 17, 2010, 12:50:17 AM
no trades again tonight....
Title: Re: MegaDroid...
Post by: ForexMan on June 17, 2010, 03:11:36 AM
No trades for many days now....

 ???
Title: Re: MegaDroid...
Post by: Colleen on June 17, 2010, 06:08:04 PM
Hi Folks!

Last trade I had with Megadroid 1.21 was last Thursday and now this week we have Monday and Tuesday with the Megadroid 1.21 bot following it's RCTPA (Reverse Correlated Time And Price Analysis) and deciding to NOT trade... smart little bot maybe?!? :)

Wednesday night I turned my Megadroid 1.21 ea off in case the High Impact Chat by Fed Chairman Bernanke moved the market suddenly - more oft than not, this is the case...

Anyhow, it is Thursday nite now and I'm ready to play again!

We shall see if the bot is ready to play too!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: fx50 on June 17, 2010, 11:07:39 PM
Had only 1 trade this week for 5 pips on wed @atc, the pre asian session has the summer duldrum thing going ::)
Title: Re: MegaDroid...
Post by: tlbone on June 18, 2010, 12:52:24 AM
totally quiet week for megadroid on this block....always another week  ;D
Title: Re: MegaDroid...
Post by: ForexMan on June 22, 2010, 07:18:41 AM
At least there was a trade today.. small profits.. but still profits...
Title: Re: MegaDroid...
Post by: DamBuster on June 22, 2010, 07:51:20 AM
All quiet on Alpari UK....
Title: Re: MegaDroid...
Post by: peterc005 on June 22, 2010, 09:31:09 AM
I picked up a quick 4 points on forex.com today too.
Title: Re: MegaDroid...
Post by: Colleen on June 22, 2010, 01:16:40 PM
Hi Folks!

Nothing on Live MIG Bank for me... for Monday nite trading... a few pips would have been nice! :'(

Congrats to those who scored though! ;D

Guess I'm waiting to see how Tuesday, Wednesday and Thursday play out for me... ???

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: robl45 on June 22, 2010, 01:46:22 PM
I picked up a quick 4 points on forex.com today too.

yes i got 4 pips as well.
Title: Re: MegaDroid...
Post by: Colleen on June 22, 2010, 06:17:27 PM
Hello Folks!

Well, the boys from Megadroid are offering the Megadroid Pro now with their latest email flogging the newest bot on the market today... Megadroid traders who bought the Droid probably have the same email - I did find mine in my SPAM box though - so check there also to find the whole email or PM me with your email and I'll send the email to you...

They state:

Remember: By purchasing Forex-STF via our link, you will
automatically get our 2 bonuses delivered to your inbox:
Forex Megadroid Pro Edition (Multi-Currency) AND the
Forex-Scalpa robot

So Woo hoo?! You can score 2 extra bonus bots - including the coveted Megadroid Pro if you're interested...

And the email goes onto say from Albert and John that:

After a lot of thought, we decided to release MD-Pro to
the market about 2 months from now (end of August) at
a price of $699 and limit its availability.

PM me if you want the link as I'm not sure if I can post an affiliate link in this forum - give me your email as well so I can send you a copy of my email - Forum Rules exist for a reason... SPAM control at best... and I respect them for it...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: forexforever on June 24, 2010, 05:08:55 AM
has anyone had megadroid on default trade for them lately??

i have a brand new alpari pro account with megadroid waiting for it to take action and nothing. and i am getting impatience.

let me know if others have had any trades recently
Title: Re: MegaDroid...
Post by: peterc005 on June 24, 2010, 05:17:34 AM
Yes, I've had 8 MD trades in the past couple of weeks and all closed with profits.

I've only had only losing MD trade out of about 30.

No trades since 20-Jun for MD though.
Title: Re: MegaDroid...
Post by: DamBuster on June 24, 2010, 07:12:31 AM
Well, on Alpari live MD has only traded on June  4th, 8th, 9th, 10th with the trade on the 8th hitting SL

You know the mantra: its a marathon, not a a sprint :)
Title: Re: MegaDroid...
Post by: forexforever on June 24, 2010, 07:26:12 AM
i havent had any trades since the 8th June and thats on Alpari UK.
Title: Re: MegaDroid...
Post by: DamBuster on June 24, 2010, 10:25:48 PM
i havent had any trades since the 8th June and thats on Alpari UK.

Demo/Live?

Pro/Classic/Micro?
Title: Re: MegaDroid...
Post by: DamBuster on June 24, 2010, 10:26:43 PM
24.06.10, MD scores again on Alpari UK live classic with +8.1 pips :)
Title: Re: MegaDroid...
Post by: Colleen on June 25, 2010, 12:05:25 AM
Hi Folks!

MIG LIVE scored 10 pips in Profit tonite! :)

32623419   2010.06.24 23:05   sell   0.40   eurusd   1.23385   1.23880   1.22885   2010.06.24 23:33   1.23285   0.00   0.00   0.00   40.00

Happiness for me tonite! :)

Been waiting since June 10th to play with the Droid...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: tlbone on July 01, 2010, 11:29:34 PM
with a gmt time of 2.0....is it right to only be taking trades after 00:30 ?....ive been following another traders default time and he trades from 21:00 - 00:30....all my trades have been around 00:30....he states his trades are auto gmtoffset times trading with default megadroid.....
Title: Re: MegaDroid...
Post by: tlbone on July 02, 2010, 12:33:12 AM
2 trades = 17.7 pips for me tonight....23:45 - 00:45..hope yours was as fruitful !! ;)
Title: Re: MegaDroid...
Post by: Colleen on July 02, 2010, 12:38:33 AM
Hi Folks!

Happy Canada Day!

Lots of movement on the Eur/Usd today and if I had been at my pc, I would have actually turned the bots off tonite!!!  Not happy with the entry position - it seemed a bit precarious as I'm not sure if the upward trend will continue or has fizzled out at this time... think the RCTPA picked up on the climbing trend here...

Anyhow Profit was found with the Droid tonite on my Live MIG account!  I exited with my Scalp here though...

32703816   2010.07.02 00:24   buy   0.40   eurusd   1.25049   1.23527   1.25549   2010.07.02 00:51   1.25116   0.00   0.00   0.00   26.80

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: ForexMan on July 02, 2010, 02:12:25 AM
MD just made two trades on my ALPARI UK!

Both positive!

Have a great weekend!
Title: Re: MegaDroid...
Post by: qm01 on July 02, 2010, 02:30:00 AM
A good trade day after a quiet week, and a "just OK" June for me. Almost all my megadroid accounts landed 2 trades and around 15 to 20 pips total. Looks like everyone got about the same.

I just started trading at Axitrader. Will probably take a month before I know whether it's any good.

I'm treating July cautiously. Wasn't last July a big loss month with Megadroid?
Title: Re: MegaDroid...
Post by: Colleen on July 02, 2010, 03:28:28 AM
Hello qm01,

Happy the Megadroid 1.21 played the RCTPA in the right direction for us tonite after such a large trending movement upward on the 1 hour charts tonite... Seems to be in a bit of range now before it decides direction here... and tomorrow is the NFP in the morning so that will cause some action on the markets for sure... High Impact item as listed at Forex Factory and Daily FX... One of my recent tweets is " High Impact Items at Forex Factory or Daily FX should help traders BEWARE! http://www.forexfactory.com  & http://www.dailyfx.com/calendar/ "

And last July 2009, things were rough with the Megadroid 1.11 I think it was - I was in Demo until October 2010 waiting for the Upgraded 1.21 bot which was a vast improvement in the performance of the Droid...

But I too heed your words of wisdom to trade with caution in July and August as this is when there will be less liquidity on the markets - possibly more noticeable during the Asian trading timeframe - right when the Droid trades... the big boys and girls go on Vacation it seems... just an observation or guess right now but I am going to lower my lotsizes next week and see how things play out in July and tread carefully in August too...

Happy Pips to all!

Cheers,

Colleen :)
Title: Re: MegaDroid...
Post by: Mr Hector on July 02, 2010, 04:39:04 AM
Aaaaagh! for some reason the receipt code got deleted from my MD live account and it didn't trade for me!!!  Sh*t, It made over 1.5K in my demo!   Just my luck, it doesn't trade for days, and when it does? - only on demo! Buggeration!  :-[
Title: Re: MegaDroid...
Post by: DamBuster on July 02, 2010, 08:48:51 AM
MD took 2 trades on Alpari UK live making +10.0 and +3.1  pips :)
Title: Re: MegaDroid...
Post by: fxbabe on July 02, 2010, 10:11:44 AM
Long 1 trade on Forex.com for +15 pips.   :)
Title: Re: MegaDroid...
Post by: Gordon on July 02, 2010, 04:15:55 PM
4 trades last night - live account - total 33.6 pips  :)

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: Colleen on July 02, 2010, 04:46:47 PM
Hello Gordon,

WOW!  Lucky you!

Congratulations for you and your portfolio with the Pips in Profit!

Which broker are you using?

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Gordon on July 02, 2010, 08:37:14 PM
Hello Gordon,

WOW!  Lucky you!

Congratulations for you and your portfolio with the Pips in Profit!

Which broker are you using?

Cheers,

Colleen ;)

Hi Colleen.

Alpari UK.

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: tlbone on July 05, 2010, 01:23:37 PM
euros are taking advantage of the usd holiday....euro will advance big time today....is some time for euro to catch up in the markets....a good day for some euro scalping...
Title: Re: MegaDroid...
Post by: Colleen on July 06, 2010, 04:08:50 AM
Hi Folks!

The Megadroid 1.21 ea on my Live MIG account found PROFIT with the PIPS tonite!

32720847   2010.07.06 00:33   sell   0.40   eurusd   1.25434   1.25751   1.24834   2010.07.06 00:58   1.25345   0.00   0.00   0.00   35.60

I was lucky with that trade and then the Megadroid Pro with the Eur/Usd took a hit... with StopLoss on it's Buy tonite...

My MIG Demo took a second trade and it was a Buy that also hit StopLoss - Broker Variance between Live and Demo?

Ended up checking the MIG Live Account's Journal and we ended up almost getting into that trade but we got a "REQUOTE" - darn good thing - at the same second the Sell was closing - seems to have clogged things up on us to our advantage... Phew... Lucked out we did indeed...

Hope others fared ok tonite... US Bank Holiday - should we have even been playing the Droid tonite though?

Better luck trading the Droid tomorrow then...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on July 06, 2010, 05:52:37 AM
Alpari UK classic, two identical accounts, 1 took a trade with +10.7 pips the other didn't!
Title: Re: MegaDroid...
Post by: Gordon on July 06, 2010, 08:29:52 AM
Two trades again last night 22:33 GMT - live account - +23 pips  :)

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: miclai on July 06, 2010, 10:19:37 AM
Two trades again last night 22:33 GMT - live account - +23 pips  :)

Cheers,

Gordon

Alpari UK PRO account? you got more trades than my classic account.
Title: Re: MegaDroid...
Post by: qm01 on July 06, 2010, 11:11:26 AM
A mixed night for me. Some accounts did well (e.g. Alpari 12 pips, FXDD 15 pips, and others), but some other accounts took a long after the short and got stopped.
Title: Re: MegaDroid...
Post by: SouthernPitBull on July 06, 2010, 02:37:29 PM
Finally got my copy of MD 1.21 the other day after reading this forum for a week or so. Is $200 enough to start it with on a standard account? fixed lots of .1
Title: Re: MegaDroid...
Post by: bertmartin on July 06, 2010, 05:02:20 PM
no way, sorry
Title: Re: MegaDroid...
Post by: fx50 on July 06, 2010, 10:57:10 PM
For a thousand dollar deposit set it to trade a dollar a pip with recovery mode on true, or 10k deposit trade 1 full lot and so on..... So with a 200 deposit trade at 20 cents a pip..... Survive to trade another day!
Title: Re: MegaDroid...
Post by: Colleen on July 06, 2010, 11:59:10 PM
Hello Folks!

Scored Profit in Pips with the Droid tonite!  Hubby Scalped out...

But Profit is Profit...

32733654    2010.07.06 23:41    sell    0.40    eurusd    1.26333    1.26748    1.25833    2010.07.06 23:43    1.26275    0.00    0.00    0.00    23.20

I think the rest of the crowd with the Droid scored better than this though... 6 pips is what we got!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: dlewisfl on July 07, 2010, 04:24:33 AM
Hello Folks!

Scored Profit in Pips with the Droid tonite!  Hubby Scalped out...

But Profit is Profit...

32733654    2010.07.06 23:41    sell    0.40    eurusd    1.26333    1.26748    1.25833    2010.07.06 23:43    1.26275    0.00    0.00    0.00    23.20

I think the rest of the crowd with the Droid scored better than this though... 6 pips is what we got!

Cheers,

Colleen ;)

I'm somewhat curious as to why you even use an EA.  You're watching it all the time and "scalping" out an awful lot.  Why not just trade manually?!?!
Title: Re: MegaDroid...
Post by: Colleen on July 07, 2010, 04:35:52 AM
Hello dlewisfl,

I coexist with the bots I have... and can't help if I or the other trader in the family opts to scalp out if the bollinger bands look ominous or maybe a moving average is moseying along in a direction we query or perhaps another indicator on another chart gives us info or the news is not good for the Eur or Usd or a gut instinct or maybe Wings like tonite were more important than letting the Droid run unsupervised...

And in the summertime, last year Megadroid burnt me... so this summer I'm watching it cautiously for July and August... might even lower the lotsize...

I admit the Droid Upgrade last October has really helped the Accuracy of the Droid excepting for the Fomc in February that was not listed at Forex Factory until after the event... if you watch for the high impact items there and avoid US holidays, then you should be OK there...

And my trading style does like to work with the profitable pips for the Droid... I admit I do it... and watch the snake after I do so... what's the harm in posting my info I say... :)

Anyhow, I'll still be watching how things go tomorrow night and I will try to control hubby's itchy fingers - he's been hanging around the pc at this time and tends to get a bit antsy especially now that we're running the Megadroid Pro Live too... and this is new territory for us as well so we're coexisting with those bots also and the Swissy is a jumpy little bot too - it tends to enter into more trades a week but also hits a few stoplosses along the way I've noticed... so can you blame me for being a bit edgy especially after last night - oops my bad, I left the Droid running when I thought I had turned it off... In all honesty, I'm not just trading the Droid on my platform and I would be remiss in letting it go astray on me... sorry but the other trades ongoing influence me sometimes... You're right, we're also doing manual trading on the platforms also...

So let's hope for Pips in Profit trading the Droid in this thread...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on July 07, 2010, 08:48:25 AM
And another +8 pips last night :)
Title: Re: MegaDroid...
Post by: Gordon on July 07, 2010, 05:55:55 PM
2 trades last night. Both made 8.9 pips profit. Live account once more .  :)

Cheers

Gordon

Title: Re: MegaDroid...
Post by: mission_completed on July 08, 2010, 02:18:52 AM
Hi Gordon, you seem to be doing pretty well on MD, mine barely trades so Im thinking it could be my broker (GoMarkets). Can you please tell me who is your broker? Further, are you on just the original MD?

2 trades last night. Both made 8.9 pips profit. Live account once more .  :)

Cheers

Gordon


Title: Re: MegaDroid...
Post by: namrfigk on July 10, 2010, 08:37:35 AM
+12 ytd
Title: Re: MegaDroid...
Post by: Gordon on July 13, 2010, 04:36:42 PM
Hi Gordon, you seem to be doing pretty well on MD, mine barely trades so Im thinking it could be my broker (GoMarkets). Can you please tell me who is your broker? Further, are you on just the original MD?

2 trades last night. Both made 8.9 pips profit. Live account once more .  :)

Cheers

Gordon



Sorry to be so long in replying.

I am using Alpari UK. Megadroid Version 1.21 set for both aggressive and recovery.

Hope this helps.

Gordon
Title: Re: MegaDroid...
Post by: Colleen on July 15, 2010, 03:04:49 AM
Hi Folks!

Looks like the Droid played Well tonite for us!  5 Pips in Profit on my Live MIG account...

32800128   2010.07.15 00:32   sell   0.40   eurusd   1.27439   1.27913   1.26839   2010.07.15 01:12   1.27381   0.00   0.00   0.00   23.20

And we get to play again tomorrow nite!

Cheers,

Colleen ;)


Title: Re: MegaDroid...
Post by: Trader@Home on July 15, 2010, 03:44:18 AM
Hi Folks!

Looks like the Droid played Well tonite for us!  5 Pips in Profit on my Live MIG account...

32800128   2010.07.15 00:32   sell   0.40   eurusd   1.27439   1.27913   1.26839   2010.07.15 01:12   1.27381   0.00   0.00   0.00   23.20

And we get to play again tomorrow nite!

Cheers,



Colleen ;)



hi coleen, are you running MD on default settings with the latest v 1.21 ???
Title: Re: MegaDroid...
Post by: Colleen on July 15, 2010, 03:48:18 AM
Hello ravin,

Oh yes, of course it's the Megadroid 1.21 on my LIVE MIG account as I've posted in this thread a while ago but now you're up to date... I used to post that info - thought I didn't need to as this upgrade has been in place since last Fall...

Oh well, I don't mind posting more info in here...

Version_1.21=
_1=System Parameters
Stealth=1 - Default Setting to allow Stealth Trading - you need at least Stealth Trading to 1 to get the bot to trade...
Aggressive=1 - Default Setting to allow Aggressive Trading - 0 would disable the Aggressive Trading
NFA=0
GmtOffset=0.00000000 - check to see what this is for your broker - see The Manual
AutoLocalGmtOffset=1
AutoServerGmtOffset=1
S1_Reference=11223344 - change these regularly - like weekly maybe as suggested from The Manual
S2_Reference=44332211 - change these regularly - like weekly maybe as suggested from The Manual
ReceiptCode=XXXXXXXX - this is your own Receipt Code you must enter for one Live License and also for several Demos if you like
_2=Comment Position
TopPadding=30
LeftPadding=20
TextColor1=16119285
TextColor2=13882323
_3=Strategy Parameters
Slippage=3
SendEmails=0
OrderComments=Megadroid 1.21 - this is something I entered in for my info that appears on the MT4 Platform while the bot is trading for me
_4=Order Management
LotSize=0.40000000 - I entered this amount myself to choose 0.40 lotsize
_5=Ratio Order Management
RiskLevel=0.00000000 - I set this to zero so the bot does not decide my lotsize for me
RecoveryMode=1 - this is default to being set to 1 which is on for the Recovery Mode - 0 would disable the Recovery Mode - Recovery Mode makes the lot size double for the next trade after a losing trade so disable this if you do not wish this to happen...

Please Note that Stealth and Aggressive Strategies can potentially initiate more trades in your account so check your equity and trade strategy to set up you lot size if you opt to run with both... check the Manual for more info on this...

Hopefully this helps you a bit with setting up... If in doubt, run in DEMO for a while before you go LIVE!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Almandine on July 15, 2010, 08:31:58 AM
LotSize=0.05000000 - I entered this amount myself to choose 0.05 lotsize
_5=Ratio Order Management
RiskLevel=0.00000000 - I set this to zero so the bot does not decide my lotsize for me

Colleen ;)

Then why was the lot size of your trade 0.4?
Title: Re: MegaDroid...
Post by: Colleen on July 15, 2010, 03:44:39 PM
Hello Almandine,

I do now play at the .4 lotsize - that's info from an old post I had... when I was playing lower lotsizes... the rest of the settings are the same as how I play the Droid now...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: forexforever on July 15, 2010, 08:14:09 PM
i love MD, its made me over 5% this month so far on alpari pro account, MD trades like crazy there and the pro account rocks. if u can afford the 20k deposit size and handle min 3 lots per trade its well worth  running MD here, best account i have ever traded live. i use MD, fap eur/chf, retracer, and EA kain eur/usd
Title: Re: MegaDroid...
Post by: Gordon on July 15, 2010, 09:12:43 PM
2 trades on live account last night. 10.5 pips combined profit.

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: tlbone on July 16, 2010, 01:01:05 AM
no trades on md this week....alpari u.s.
Title: Re: MegaDroid...
Post by: Trade It Easy on July 16, 2010, 01:31:08 AM
reloaded md tonight since a long long time. Made 1 trade and hit BE. swap made it -0.02. I am fine with that lol its on a v.small acc. i would never put this bot on a large acc. Trade manually my friends.
lets see what happens.
Title: Re: MegaDroid...
Post by: Trader@Home on July 16, 2010, 02:59:33 AM
2 trades on live account last night. 10.5 pips combined profit.

Cheers,

Gordon
hi gordi,

you run MD with default settings  ::)
Title: Re: MegaDroid...
Post by: SouthernPitBull on July 16, 2010, 03:28:26 AM
got one trade this week on the demo account:

07.14.2010 22:33      07.14.2010 23:48     EURUSD      Sell     0.85      1.27935      1.26845      1.27444      1.27395      4.9      4.16

All default settings
Title: Re: MegaDroid...
Post by: qm01 on July 16, 2010, 04:37:29 AM
2 trades on live account last night. 10.5 pips combined profit.

Cheers,

Gordon


Gordon, what type of Alpari account  are you using? Micro? Classic? Pro?

Title: Re: MegaDroid...
Post by: Gordon on July 16, 2010, 11:35:22 AM
2 trades on live account last night. 10.5 pips combined profit.

Cheers,

Gordon


Gordon, what type of Alpari account  are you using? Micro? Classic? Pro?



The one that I specifically refer to on this forum is a Micro.

I had another two trades last night, but Megadroid must have thought better of it as it
closed both trades out for about 0.5pips profit each. A profit is a profit and I am grateful :)

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: Colleen on July 17, 2010, 03:04:41 AM
reloaded md tonight since a long long time. Made 1 trade and hit BE. swap made it -0.02. I am fine with that lol its on a v.small acc. i would never put this bot on a large acc. Trade manually my friends.
lets see what happens.

Hi Autotrader,

Welcome back to Droid trading! :)  Glad to see you join the party here!

Luv the performance of this bot since the Upgrade last fall to 1.21 and I don't think you need to be too scared of this bot... as long as you heed the High Impact events at www.forexfactory.com I think... Summertime trading is a bit scary with how this bot performed last year I admit and I do watch it while it trades these days but only 6 weeks left until September and the market liquidity will increase with everyone back from Summer Holiday in the Northern Hemisphere... But things still seem to be in the Green lately... The Droid ROCKS! :)

And Manual trading is nice to know about also I agree... I had another trader ask me why I trade the bot because I sometimes Scalp out early... I too learned a bit about Manual trading it seems! :)

May I ask why your id is Autotrader though... that's kinda a contradiction to your motto isn't it? lol ;)

Cheers!

Colleen ;)
Title: Re: MegaDroid...
Post by: Colleen on July 18, 2010, 04:17:09 PM
hello,

may i ask which timeframe (TF) you use for megadroid - the recommended H1 and/or lower ? did anyone play with the different TF to see if M1/M5/M15/... provides better results ?

thanks

Hello bgruber,

1 Hour Eur/Usd is the timeframe for the Megadroid 1.21 ea...

Others who have dabbled with the Droid in the past were playing on "The Dark Side" in my humble opinion... I prefer to run this bot as per the Manual instructs us...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: hammy on July 18, 2010, 08:50:57 PM
Megadroid or Fapturbo or any EA that I know of won't make you rich trading forex.
Yes, they are fun to run but are you honestly getting monthly profits you can live on ?
I'm realizing now that manual trading is the only way to make a living trading forex, but you better know what you are doing and have a good system that is reliable. Robots are nice because you can set and forget them but I haven't seen one yet that you can depend on making you profits every single week or month. Unfortunately with manual trading you have to put in the time, watching and checking in on your charts and open trades. I wish I knew of an EA that could replace manual trading results but I haven't seen one yet, but I believe someday there will be one developed. However it won't be on sale for $97... :D
Title: Re: MegaDroid...
Post by: Colleen on July 18, 2010, 09:11:43 PM
Megadroid or Fapturbo or any EA that I know of won't make you rich trading forex.
Yes, they are fun to run but are you honestly getting monthly profits you can live on ?
I'm realizing now that manual trading is the only way to make a living trading forex, but you better know what you are doing and have a good system that is reliable. Robots are nice because you can set and forget them but I haven't seen one yet that you can depend on making you profits every single week or month. Unfortunately with manual trading you have to put in the time, watching and checking in on your charts and open trades. I wish I knew of an EA that could replace manual trading results but I haven't seen one yet, but I believe someday there will be one developed. However it won't be on sale for $97... :D

Hi Hammy,

I too am cynical about bots trading... but I am impartial to the Droid here... The Upgrade last Fall to 1.21 has been yielding me pretty good results since then I'm happy to say the equity in my account has grown... Will I get RICH trading the Droid?  Not sure on that one - but it does add to my account balance regularly... and I know the Megadroid 1.21 bot does not trade very often in a month but as long as the profits are rolling in my direction, then I'm willing to play with this bot...

And I do like my Manual Trading Strategies also and I am a bit of a Scalper I know... I've taken some heat because I "Scalp" the Droid trades at times... Well, I can't help it... I am running a bunch of bots over in the Trader's Secret Library this year and the Game is ON for me to see if the bots can increase my equity or lose it on me... but alas, I learned a bit of manual trade strategies over there and do read my charts a bit when the Droid (and those other bots) is/are trading and sometimes this motivates me to clear the trades and "Scalp" my butt outta the trading session from time to time... My Faux Pas and I must say Je m'excuse... I do try to run this bot as per the Manual instructions just exit early some days...

So all in all, I guess I cannot say I'm a true advocate for running bots and I might agree with a bit of what you say, my trader friend, Hammy... but I might be inclined to suggest that the Droid does trade well since the Upgrade and barring those High Impact things at Forex Factory, I think the RCTPA is pretty accurate... and I'm actually delving into the other MD bots like the Swissy Accu Scalper and the Megadroid Pro bots... tiptoeing over the Summertime and we'll see how things go... I do prefer Summertime for family and suspect the Liquidity in Summer may be affected during the Sleepy Asian timeframe but that's just my quirky trading suspicion (last year the Droid did NOT perform well in the Summertime) and this is a rumour I heard from some other traders who like to enjoy Summertime Too in the Northern Hemispheres...

And I too ask where is the "Holy Grail" of bots out there in Forexland?  My email Inbox is still getting SPAM emails promoting the latest bot coming out on the market!  GRRRR  And in this forum alone, we have 31 pages of Expert Advisors - whyfore?  Did I miss the Golden Goose here?

In the meantime, you'll see me in here posting how my Droid trading goes and we can compare notes with other traders using other brokers as well... and this Forum will keep us apprised on how other traders are doing with other bots which may perform as well as the Megadroid 1.21...

Game On I say!  Let's find those Profitable Pips Kids! :)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: fulcrumfx on July 20, 2010, 02:01:21 AM
2 trades +19.2 pips tonight  ;D

11871080   2010/07/19 23:58:43   Buy    0.16   EURUSDsf   1.29317   1.28693   1.29817   2010/07/20 00:25:18   1.29421    0.00    0.00    16.64    10.4
   Magic #77777773   
11870939   2010/07/19 23:58:39   Buy   0.20   EURUSDsf   1.2933   1.28755   1.29925   2010/07/20 00:58:53   1.29418   0.00   0.00   17.60   8.8
   Magic #33333337   
Title: Re: MegaDroid...
Post by: dlewisfl on July 20, 2010, 02:02:36 AM
2 trades +19.2 pips tonight  ;D

11871080   2010/07/19 23:58:43   Buy    0.16   EURUSDsf   1.29317   1.28693   1.29817   2010/07/20 00:25:18   1.29421    0.00    0.00    16.64    10.4
   Magic #77777773   
11870939   2010/07/19 23:58:39   Buy   0.20   EURUSDsf   1.2933   1.28755   1.29925   2010/07/20 00:58:53   1.29418   0.00   0.00   17.60   8.8
   Magic #33333337   

18 pips for me on forex.com UK.
Title: Re: MegaDroid...
Post by: fulcrumfx on July 20, 2010, 02:12:50 AM
2 trades +19.2 pips tonight  ;D

11871080   2010/07/19 23:58:43   Buy    0.16   EURUSDsf   1.29317   1.28693   1.29817   2010/07/20 00:25:18   1.29421    0.00    0.00    16.64    10.4
   Magic #77777773   
11870939   2010/07/19 23:58:39   Buy   0.20   EURUSDsf   1.2933   1.28755   1.29925   2010/07/20 00:58:53   1.29418   0.00   0.00   17.60   8.8
   Magic #33333337   

18 pips for me on forex.com UK.

Nice congrats!
Title: Re: MegaDroid...
Post by: forexforever on July 20, 2010, 05:56:28 AM
25 pips for me on alpari pro account. its the first time it opened 2 trades at the same time, i havent seen it do for months and months.
Title: Re: MegaDroid...
Post by: ngling on July 20, 2010, 07:46:06 AM
After an unsuccessful stint at using Megadroid Pro, I have returned to using Megadroid and managed to get 21 pips today with Go Markets.
Title: Re: MegaDroid...
Post by: Gordon on July 20, 2010, 04:33:30 PM
4 Trades last night on Live account. 42.7 pips profit.  :)

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: fumducker81 on July 20, 2010, 08:43:26 PM
Just curious if anyone is using ADT 2010?
Title: Re: MegaDroid...
Post by: ehd4fap on July 20, 2010, 09:28:54 PM
I've had ADT on demo since August 12th 2009. Initial account size EUR 1000,=.

Overall profit on -2/0 (chart #1/#2), losses on the other charts (#3/#4). In total the account is down by 15% (EUR 851).

Results per chart since Aug 2009:
#1: +89,80
#2: +24,55 (default)
#3: -247,13
#4: -15,55

Results per chart since 4/22/2010 (last 3 months):
#1: +21,58
#2: -12,40
#3: -146,03
#4: -28,45

You can see the stats here: http://ehd4mdpro.mt4live.com/ (no, it isn't MD Pro :) ).

Also, I tried running MD PRO using ADT, for fun. All 4 symbols, on 4 charts each. That was crash and burn in 2 days or so. Didn't dare to continue :)

Leon



Title: Re: MegaDroid...
Post by: tlbone on July 20, 2010, 10:13:24 PM
4 trades so far this month verses others with up to 8 trades....some is better than nothing...always be wishing for more...hardest part is learning to appreciate what you do have and not focus on what everyone else has.... :D
Title: Re: MegaDroid...
Post by: qm01 on July 21, 2010, 02:00:22 AM
Made around 1 pip on Interbank Fx and GO today. No trades on my 7 other accounts.

Yesterday I got 2 trades on almost every account and made 18 to 24 pips per account.

Has been a decent month for megadroid. Hope it continues.



Title: Re: MegaDroid...
Post by: qm01 on July 21, 2010, 02:08:02 AM
4 trades so far this month verses others with up to 8 trades....some is better than nothing...always be wishing for more...hardest part is learning to appreciate what you do have and not focus on what everyone else has.... :D

tlbone, 4 trades is a bit low. Could be your broker. I've been tracking live results on my blog from multiple brokers, and most are in the 7 to 9 trade range this month. FXDD and forex.com have only had 4 trades though. What broker are you using?
Title: Re: MegaDroid...
Post by: ForexMan on July 21, 2010, 05:03:56 AM
Since you have so many accounts, do you have the buy separate MDs for each account or can we use our current one with multiple accounts ?
Title: Re: MegaDroid...
Post by: SHARKspear on July 21, 2010, 05:07:14 AM
As long as you input a valid ClickBank receipt number, you can use it on as many Live accounts as you like. ... ... ... SHARK
Title: Re: MegaDroid...
Post by: fumducker81 on July 21, 2010, 02:17:08 PM
I've had ADT on demo since August 12th 2009. Initial account size EUR 1000,=.

Overall profit on -2/0 (chart #1/#2), losses on the other charts (#3/#4). In total the account is down by 15% (EUR 851).

Results per chart since Aug 2009:
#1: +89,80
#2: +24,55 (default)
#3: -247,13
#4: -15,55

Results per chart since 4/22/2010 (last 3 months):
#1: +21,58
#2: -12,40
#3: -146,03
#4: -28,45

You can see the stats here: http://ehd4mdpro.mt4live.com/ (no, it isn't MD Pro :) ).

Also, I tried running MD PRO using ADT, for fun. All 4 symbols, on 4 charts each. That was crash and burn in 2 days or so. Didn't dare to continue :)

Leon





Are you still using the same ADT settings from last summer?  There is a new thing of settings that has come out since then called ADT 2010 or something like that.  I had a lot of success running ADT last summer and fall but stopped in January.  I am going to demo the new settings and see how they go I suppose.
Title: Re: MegaDroid...
Post by: ehd4fap on July 21, 2010, 07:13:34 PM
Hmm, I guess I missed an update. This is the ADT 2009 setup. I'll see if I can update later this week...
Title: Re: MegaDroid...
Post by: dlewisfl on July 21, 2010, 07:22:31 PM
Hmm, I guess I missed an update. This is the ADT 2009 setup. I'll see if I can update later this week...

2010 replaces the -4 and -6 chart with the -5.  There are new risk settings for drawdown control (he added 2009 data to his backtests and re-adjusted).    It also includes an enhanced EA that will stop it from trading on days there's FOMC news (based on Forex Factory calendar).  Enhanced EA also has additional feature allowing trades to be disabled by month.  Ben provides a chart showing which months to shut off for each MT4 chart (based on backtesting).  It's a little more of a "black box" solution for those who want to spend as little time possible managing Megadroid.

Don't think Colleen will be using it any time soon.   ;D
Title: Re: MegaDroid...
Post by: tlbone on July 21, 2010, 08:56:40 PM
no trades this week with 4 trades total for the month using default md.....1.5 yr with alpari u.s. .....am limited to only u.s. accounts so making do with what i have...before last time change was taking trades from 21:00-23:30...after time change im only taking trades 23:30-1:00..always had more trades at the earlier time but am thinking it was actually the same since was only a time change...am thinking maybee of adding adt back in the game with only a 1 hour before trading time...used to have good results with that one....but not sure how its trading in the existing market...ive seen lots of horizontal trading that md would not pick up on...but im sure it knows what its doing...
Title: Re: MegaDroid...
Post by: SouthernPitBull on July 23, 2010, 01:36:20 AM
07.23.2010 01:12      07.23.2010 02:26     EURUSD      Sell     0.40      1.29480      1.28380      1.28980      1.28950      3.0      12.00     
Trade Comments:
Droid just scored me $12  ;D
Title: Re: MegaDroid...
Post by: dlewisfl on July 23, 2010, 01:53:12 AM
Had two trades open simultaneously again tonight, +2 and +3 for five pips.
Title: Re: MegaDroid...
Post by: ForexMan on July 23, 2010, 02:39:31 AM
Had another two trades also on Alpari

Anyone using FXDD here and how is MD doing on FXDD ?
Title: Re: MegaDroid...
Post by: qm01 on July 23, 2010, 06:37:11 AM
Had another two trades also on Alpari

Anyone using FXDD here and how is MD doing on FXDD ?

Hi ForexMan,

I've been trading Megadroid at FXDD for a while now. It seems to do ok even though I get less trades there for some reason. This month I've made 45 pips from 5 trades.
Title: Re: MegaDroid...
Post by: Gordon on July 23, 2010, 01:37:53 PM
2 trades 22:12 and 22:59 GMT. Both positive with a combined total of 3 pips.

I did have a strange event though as the first trade appeared to be in recovery mode but I haven't
had any losing trades for a while now.  :o  So quite what caused that, beats me. It even ended up
with the setting still in recovery mode after all trades last night had closed in profit.

I decided to reinstall Megadroid on a fresh chart, and all is back as it should be with my chosen risk
level showing the correct lot size.  :)

Anyone got an explanation?


Cheers,

Gordon
Title: Re: MegaDroid...
Post by: tlbone on July 23, 2010, 01:56:48 PM
2 trades here for week total....it finally decided to trade...was strange to dbl up like that...oops thats what happends with aggressive on...trades were taken after 00:25....wish it wouldnt take late trades like that...getting too close to asian sessions especially if its drawn out...liked it when it used to take them from 21:00-23:00...gmt 2.0...using adt on demo with -2 and it never takes a trade during those times either.... ;D
Title: Re: MegaDroid...
Post by: robl45 on July 23, 2010, 04:42:07 PM
i had one trade last night, lost 5 bucks, i think it tried to break even but I ended up with slight slippage.
Title: Re: MegaDroid...
Post by: tlbone on July 25, 2010, 10:27:05 PM
noticed donna keeps saying her megadroid is not trading...no trades this week...or last week... :o
Title: Re: MegaDroid...
Post by: qm01 on July 27, 2010, 02:00:15 AM
Made 12 pips at InterbankFx today. No trades elsewhere though.
Title: Re: MegaDroid...
Post by: SouthernPitBull on July 27, 2010, 02:35:36 AM
yup I made 11.7 pips on IBFX aswell.
Title: Re: MegaDroid...
Post by: Colleen on July 27, 2010, 03:48:31 AM
Hi Folks,

Nope, no trades on my MIG for Megadroid 1.21 for a Monday Nite here...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: ngling on July 27, 2010, 03:47:38 PM
No trades with Go Markets either.
Title: Re: MegaDroid...
Post by: ForexMan on July 28, 2010, 02:56:17 PM
no trades this week on Alpari UK
Title: Re: MegaDroid...
Post by: Gordon on July 28, 2010, 07:37:08 PM
no trades this week on Alpari UK

That's not unusual

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: Trade It Easy on July 28, 2010, 10:32:24 PM
2 trades both winners. Total = +11.5 pips
Title: Re: MegaDroid...
Post by: ForexMan on July 29, 2010, 03:48:41 AM
well.. 10/10 trades for this month is pretty good. Cant ask for more. Doubt if there will be a trade 2moro also.

Lets see what the month of August will bring us.

Title: Re: MegaDroid...
Post by: Chip4Pips on July 29, 2010, 06:04:48 AM
Doubt if there will be a trade 2moro also.


I can guarantee that, as MD is coded not to trade during the last three calendar days of the month.
Title: Re: MegaDroid...
Post by: Gordon on July 29, 2010, 07:36:01 AM
Anyone on Alpari UK noticing that MD is showing GMT Offset: 0.0 (automatic server)

Mine is, whereas it should be showing GMT Offset: 2.0 (automatic server) as Alpari UK is
currently 2 hours ahead of GMT (UTC).

Any suggestions as to what could be causing this, please?

Gordon

Title: Re: MegaDroid...
Post by: Gordon on July 29, 2010, 07:41:57 AM
Doubt if there will be a trade 2moro also.


I can guarantee that, as MD is coded not to trade during the last three calendar days of the month.

Hi Chip4Pips,

I am not doubting you, but how do you know that MD is coded not to trade the last 3 calendar
days of the month? Where did you get that info from?

Cheers,

Gordon
Title: Re: MegaDroid...
Post by: Mr Hector on July 30, 2010, 11:56:25 AM
Hi Gordon.

Don't use auto GMT on any EA if you can help it - They often get it wrong!  All of them!  I have been burnt by this on a few occasions.

The manual for MD states that it won't trade the last few days of the month.
Title: Re: MegaDroid...
Post by: jaychiew on July 31, 2010, 06:00:22 AM
Julian,

Thanks for the heads up on GMT offset. If I were to use the manual setting, does it change sometime in the year?
Title: Re: MegaDroid...
Post by: ngling on July 31, 2010, 09:27:17 AM
I have only had trouble with automatic GMT offsets on a handful of occasions and this was only when I turned the ea on during a weekend. The only ea I have had this issue is with Megadroid, but I have also had authentication issues so it may be a server or connection problem. Last one was astounding as it used a 30 year offset. I have found that the best way to avoid these errors is to turn on the ea when markets are open.
Title: Re: MegaDroid...
Post by: Gordon on July 31, 2010, 10:13:43 AM
Hi Gordon.

Don't use auto GMT on any EA if you can help it - They often get it wrong!  All of them!  I have been burnt by this on a few occasions.

The manual for MD states that it won't trade the last few days of the month.

Thanks Julian.

I had read the manual many moons back and had forgotten about the no trades at the end of
the month. Also the Auto GMT offset is most useful. I shall change to a manual setting
immediately.

Once again many thanks and karma to you.

Gordon
Title: Re: MegaDroid...
Post by: Mr Hector on July 31, 2010, 01:56:40 PM
Julian,

Thanks for the heads up on GMT offset. If I were to use the manual setting, does it change sometime in the year?

In the UK, we all change our clocks and watches by one hour, twice a year.

Last Sunday in March
We add an hour and go onto what is called British Summer Time (BST).

Last Sunday in October
We put our clocks back one hour and adhere to Greenwich Mean Time (GMT).

It's an old practice to help farmers have more daylight during the dark mornings during the winter.

It's best practice to check with your broker and ask them what your GMT offset should be using their MT4 platform - I'm with Alpari UK and the GMT offset at the moment is +2, at the end of October it will go back to +1
Title: Re: MegaDroid...
Post by: tlbone on August 02, 2010, 10:02:51 PM
good...another alpari us invester...nice to know not every invester has left the country....just a few of us holding down the fort....i just let good ole droid tell me what it thinks the proper time is using autogmt...i work nights and days so even i dont know what time it is...time is irrelevant in the land of oz...received the alpari latest blab that their combining the micro with the standard... ;D..nice can turn it down and let it trickle during high volitility...maybee turn adt back on for a whirl at low rpm now and then to test the waters....well this monday was a slow trader compared to last mondays dbl header...but the weeks looking up...good trading all  ;D ;D
Title: Re: MegaDroid...
Post by: qm01 on August 04, 2010, 03:34:40 AM
Made 1.4 pips on MB Trading today. No trades elsewhere.
Title: Re: MegaDroid...
Post by: forexforever on August 04, 2010, 07:15:13 AM
hi guys, i use MD pro on eur/usd but i was thing about getting normal MD, i just read on their website that they have updated to version 1.2, since i havent seen the website or used this version is that a new update, ie in the last month or was it a while back?? also how does the new version 1.2 perform, is it any better?

thanks.

Title: Re: MegaDroid...
Post by: danielh on August 06, 2010, 02:53:34 AM
I heard they're going to release new version 1.30 soon
Title: Re: MegaDroid...
Post by: dlewisfl on August 06, 2010, 03:29:47 AM
hi guys, i use MD pro on eur/usd but i was thing about getting normal MD, i just read on their website that they have updated to version 1.2, since i havent seen the website or used this version is that a new update, ie in the last month or was it a while back?? also how does the new version 1.2 perform, is it any better?

thanks.



That update was made in late September of 2009.  I don't know if it was any better than original (or not).  The original won't run, if you load it you get a message to download the latest version (which is free if you own it).
Title: Re: MegaDroid...
Post by: Trader@Home on August 06, 2010, 01:56:20 PM
how is the performance of MD this week ;)
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 06, 2010, 02:04:17 PM
I haven't gotten a single trade this week with megadroid.  :(
Title: Re: MegaDroid...
Post by: Trader@Home on August 06, 2010, 02:22:34 PM
I haven't gotten a single trade this week with megadroid.  :(

naughty megadroid :-[


Title: Re: MegaDroid...
Post by: SouthernPitBull on August 06, 2010, 04:37:23 PM
Just got an email from the folks at megadroid:

 
This is a quick announcement that version 1.30 of Forex
Megadroid has been released.

This is a maintenance update so it is important that
you upgrade your installation at the first opportunity.
 
The main changes in this version are:
 
1) a small fix to the AutoGMTOffset feature
2) improvements to the strategy
3) improved DLL access speed
4) a small fix to the Journal tab messages
 
 
Beginning next week, older versions of Megadroid will
display warning messages regarding the update and
shortly, older versions will cease to function so ensure
that you have the latest version running at all times.
This is especially important if you run Megadroid via
one of the many VPS services.
 
Of course, if you run into any issues with updating
your copy then please contact the support team at:
 
http://www.forex-megadroid.net/support
 
 
 
All the best,
 

The Forex Megadroid Team
Title: Re: MegaDroid...
Post by: Colleen on August 06, 2010, 05:26:38 PM
Hi SouthernPitBull,

Thanks for the update here...

Just found the email message from the Megadroid Support about this Upgraded 1.30 Version needing to be downloaded...

I just hope the newest Version maintains the winning successes of the previous Version...

( An Old saying says... If it ain't broke, it don't need fixing... hmmmm ) Time will Tell as they say!

Have a GREAT WEEKEND Kids...

Colleen ;)

PS - Don't forget to download the Upgraded 1.30 Version...
Title: Re: MegaDroid...
Post by: jshear on August 06, 2010, 05:33:55 PM
Downloaded and all loaded up and ready for next week!!! Have a good weekend everyone!!


Jeff :)
Title: Re: MegaDroid...
Post by: fmonera on August 06, 2010, 06:46:22 PM
I didn't receive that e-mail and it is not on my spam folder :(
I will ask support.
Title: Re: MegaDroid...
Post by: loulou69 on August 06, 2010, 07:03:17 PM

Any backtest  ;D
Title: Re: MegaDroid...
Post by: Colleen on August 06, 2010, 08:47:38 PM
Hi Again Megadroid ea Owners...

Did you pick up the FREEBIE from the Droid Boys this week in their Email about the "Secret Of The Double Doji" PDF File created by Vladimir Ribakov, who Albert and John call "one of the finest traders around. Vladimir is one of a VERY few people who actually trades for a living."  So he's well liked by the Megadroid Gurus I see...

Anyhow, download this FREE PDF File and check out Vladimir's strategy on this...

FYI

Cheers,

Colleen ;)

PS - NOW I'm planning my Weekend Fun! :)
Title: Re: MegaDroid...
Post by: Colleen on August 06, 2010, 08:49:28 PM
I didn't receive that e-mail and it is not on my spam folder :(
I will ask support.

Hi fmonera,

I think it's a good idea to "Contact Megadroid Support" on this and I'm sure they'll help you get set up!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: SHARKspear on August 06, 2010, 08:54:11 PM
Hi SouthernPitBull, Thanks for posting update here, even I got this email too!
Title: Re: MegaDroid...
Post by: dlewisfl on August 06, 2010, 09:02:11 PM
Hi Again Megadroid ea Owners...

Did you pick up the FREEBIE from the Droid Boys this week in their Email about the "Secret Of The Double Doji" PDF File created by Vladimir Ribakov, who Albert and John call "one of the finest traders around. Vladimir is one of a VERY few people who actually trades for a living."  So he's well liked by the Megadroid Gurus I see...

Seems their are a ton of "the finest traders around" with these affiliates, makes you wonder how 95 % of people trading forex allegedly lose everything (or quit at a loss).
Title: Re: MegaDroid...
Post by: Colleen on August 06, 2010, 09:12:25 PM
Hi Again Megadroid ea Owners...

Did you pick up the FREEBIE from the Droid Boys this week in their Email about the "Secret Of The Double Doji" PDF File created by Vladimir Ribakov, who Albert and John call "one of the finest traders around. Vladimir is one of a VERY few people who actually trades for a living."  So he's well liked by the Megadroid Gurus I see...

Seems their are a ton of "the finest traders around" with these affiliates, makes you wonder how 95 % of people trading forex allegedly lose everything (or quit at a loss).

Hi dlewisfl,

Well this email linked me to a PDF File for FREE about The Double Doji created by Vladimir... and it does indeed explain about the formation of candlesticks into a "Double Doji" - worth a quick read...

But I've studied Candlestick Formations elsewhere and this is just an extra piece of reading material for me - just thought I'd remind other Droid owners that this is a FREE PDF file to read...

Check it out if you like... or not... I didn't see any "Affiliate" linking in the email - perhaps I missed it but I did download the FREEBIE PDF File so that's what I was posting info about...

Have a good weekend!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: dlewisfl on August 06, 2010, 09:59:32 PM
My message wasn't about the fact they gave a free PDF ... I would just take EVERYTHING they say about other traders/EA products with several grains of salt.  How many times have they given away AccuScalper "for the last time".  How many EAs have they put their wares on with claims that they weren't the "typical garbage" EAs coming out.  That's EXACTLY what they were.  Now doing the same for Pro, allegedly giving it away with $97 EA's and then telling you they plan to sell it for $699 later on.  Poppy c-ck!  You would think they made enough affiliate money off Pro last year when they packaged with that Dukascopy bomb called Fap-Turbo Evolution, which I believe sold for ~$600.  Now they give it away with $97 EAs, that should tell you something.

Their EA is a good EA, IMO, but what they have done on the marketing side shows they have little to no credibility when it come to opinions about other forex products/systems, they just want your money.  i wonder if their LIVE Megadroid is up $3,000 percent.  Something tells me "no".   ;)  Unfortunately, they act just like the other sleezy affiliates out there.

You have a good weekend, too!   ;D
Title: Re: MegaDroid...
Post by: Colleen on August 06, 2010, 10:40:27 PM
My message wasn't about the fact they gave a free PDF ... I would just take EVERYTHING they say about other traders/EA products with several grains of salt.  How many times have they given away AccuScalper "for the last time".  How many EAs have they put their wares on with claims that they weren't the "typical garbage" EAs coming out.  That's EXACTLY what they were.  Now doing the same for Pro, allegedly giving it away with $97 EA's and then telling you they plan to sell it for $699 later on.  Poppy c-ck!  You would think they made enough affiliate money off Pro last year when they packaged with that Dukascopy bomb called Fap-Turbo Evolution, which I believe sold for ~$600.  Now they give it away with $97 EAs, that should tell you something.

Their EA is a good EA, IMO, but what they have done on the marketing side shows they have little to no credibility when it come to opinions about other forex products/systems, they just want your money.  i wonder if their LIVE Megadroid is up $3,000 percent.  Something tells me "no".   ;)  Unfortunately, they act just like the other sleezy affiliates out there.

You have a good weekend, too!   ;D

Thanks for elaborating more dlewisfl...

I just wanted to clarify that "I" wasn't suggesting anything Affiliate oriented from the email I received...

I usually am not too happy with what the Droid Boys are drumming up for us either...

So I hear ya - They do market all the other Forex STUFF (aka CRAP? that most of it is?) that comes onto the market... I too question what is the GOOD STUFF from them and what is the CRAP... More oft than not - I have been known to suggest to other traders to buy the bot they're plugging and scoop up the Droid bots ie Megadroid Pro and Swissy Accu Scalper and dump the promo bot onto some demo and play it live when and if it lives up to Profitable Pip-Making...

So for them to cough up a FREE PDF file with info on how to read some candlesticks almost impressed me an iota or two... lol ;)

Once again kids... check out the FREE PDF and then play with the strategy a bit... I do use candlesticks the odd time with my trading but you can learn more about that over at www.babypips.com perhaps...

And the burning question that popped into my head as I read this PDF file... what does this have to do with trading the Droid bots?  hmmmmm

I defer to dlewisfl's post as that explains what we might like to do with things sent to us from the Droid Gurus...

And I stopped referring to their Official Website as their stats don't seem to jive with other trader's stats - perhaps they're using a Corporate Trading Account which trades a bit differently than the rest of us?!?

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Style on August 06, 2010, 11:43:22 PM
Colleen,

Is Megadroid Pro and Swissy Accu-Scalper doing well for you thus far live?  Do you have Forex Scalpa by the MD Team and do you have an opinion on that EA?
Title: Re: MegaDroid...
Post by: ngling on August 07, 2010, 01:11:53 AM
I use a variety of products from Vladimir and get weekly newsletters from him and have found him to be very good. He is not really into eas, although he uses them to manage trades after you have manually entered one. In general, I agree with you about MD's marketing tactics, but I think this freebie is worth downloading.
Title: Re: MegaDroid...
Post by: DamBuster on August 07, 2010, 08:47:48 AM
Version update for MD, 1.21 > 1.30

Old version will stop working shorty...
Title: Re: MegaDroid...
Post by: Gordon on August 07, 2010, 11:57:46 AM
My message wasn't about the fact they gave a free PDF ... I would just take EVERYTHING they say about other traders/EA products with several grains of salt.  How many times have they given away AccuScalper "for the last time".  How many EAs have they put their wares on with claims that they weren't the "typical garbage" EAs coming out.  That's EXACTLY what they were.  Now doing the same for Pro, allegedly giving it away with $97 EA's and then telling you they plan to sell it for $699 later on.  Poppy c-ck!  You would think they made enough affiliate money off Pro last year when they packaged with that Dukascopy bomb called Fap-Turbo Evolution, which I believe sold for ~$600.  Now they give it away with $97 EAs, that should tell you something.

Their EA is a good EA, IMO, but what they have done on the marketing side shows they have little to no credibility when it come to opinions about other forex products/systems, they just want your money.  i wonder if their LIVE Megadroid is up $3,000 percent.  Something tells me "no".   ;)  Unfortunately, they act just like the other sleezy affiliates out there.

You have a good weekend, too!   ;D

I have been receiving info from an independent team of EA monitors. One of the EA's is
Megadroid.

Since December 01 2009, MD has grown the bank by 703% plus a decimal point or two
(live trading) until the end of July. That means a starting bank of 10,000 would now stand
at over 80,300.

In their opinion, MD is sound and, by far, the most successful of all the EA's tested, so far.
Because of these results, they are setting up a new set of Ea's for future monitoring and
see no need to continue monitoring MD.

I believe the settings used were similar to those used by the MD team. If that is the case,
the growth over 2009 when added to the growth this year so far,  may well be circa 3000% and
we still have 5 months remaining.

However, I am in complete agreement with you, that which ever team member it is that
continues selling trash is destroying their once good reputation.

Hope this helps.


Gordon
Title: Re: MegaDroid...
Post by: CAJUN on August 08, 2010, 10:12:24 AM
Can anyone tell me why the price of Megadroid has gone down to $97, do you get the same benefits and versions as everyone who paid the full price?

CAJUN
Title: Re: MegaDroid...
Post by: Sharky on August 08, 2010, 10:40:02 AM
Anyone got some real accounts with megadroid just running? Not sure if it's worth it?
Title: Re: MegaDroid...
Post by: hammy on August 08, 2010, 02:57:43 PM
Sharky, save your money... ;)

MD is a good robot as far as winning trade % BUT it doesn't trade very often and it only trades on one pair and it's a scalper, so you will not make much money using MD only. You can do better with other trading systems IMO. Put your money into something that will give you more ROI.... ;)

cheers mate !
Title: Re: MegaDroid...
Post by: forexforever on August 08, 2010, 05:56:30 PM
Hi Sharky,

I think for $97 its the best EA u can buy. It perfroms really well. I have used it since the start of the year and it has made the most of any of the EA's I run. I have only hit 1 SL in the whole time I used it.

I opened a Alpari pro account on the 21st June and trade 3 standard lots per trade it has made me over $4000 up til now. That's over 20% no losing trades.

If I would recommend any EA this is the one. U just need patience, maybe 2 weeks no trades but when it trades it wins.
Title: Re: MegaDroid...
Post by: alstoner on August 08, 2010, 06:57:44 PM
Sharky,

Remember seeing this one live account of MD some time ago on myfxbook and adding it to my favourites. So thought i'd dig it out for you

http://www.myfxbook.com/members/fxcbspro/fxpro-md/6205
Title: Re: MegaDroid...
Post by: hammy on August 08, 2010, 07:20:14 PM
Hi Sharky,

I think for $97 its the best EA u can buy. It perfroms really well. I have used it since the start of the year and it has made the most of any of the EA's I run. I have only hit 1 SL in the whole time I used it.

I opened a Alpari pro account on the 21st June and trade 3 standard lots per trade it has made me over $4000 up til now. That's over 20% no losing trades.

If I would recommend any EA this is the one. U just need patience, maybe 2 weeks no trades but when it trades it wins.


ff, 3 std lots per trade !!.. ???
Do you know how much money you would lose with ONE bad SL trade ??.. ???
You can kiss half your $4000 away. I've noticed that when MD loses a trade it also loses another one shortly after, but I agree it still has a very good winning %, it just doesn't trade enough for me.
Title: Re: MegaDroid...
Post by: forexforever on August 08, 2010, 07:31:26 PM
Hammy even if I hit a SL and lose 2000 I am still up 10% in just over 1 month. 3 standard lots is not a very big lot size, I don't see the point to bother trading with a micro account and make 500 per year, I want to make at least 50k or what's the point? As I said I have used it since the start of year and had only 1 SL which was with 4 lots and was around -1600 at the time, but it easily makes that back quickly. I would have made at 30k this year so far with megadroid. And my aim is to double my pro account by end of year with MD and manual trading. also did u see the link above to the MD account that has been running for a while, its performance is great. quality over quanity unless u are a money manger that gets rebates, then of course u want an Ea that trade 100 times a day whether it wins or loses, it dont matter, but the quality of it trades are what i like.
What other EA's would u suggest that are better than MD?
Title: Re: MegaDroid...
Post by: hammy on August 08, 2010, 09:21:58 PM
ff,

I certainly agree with you, that the only way to make more money with MD is to trade larger lots. But you must have a lot of confidence in the EA to trade those lot sizes. You are right, as a scalper MD is the best I have seen for % wins, maybe Fapturbo will get you more trades and more money if trading the same lot sizes ?  But, ya ! .. bigger lots makes sense for MD because it doesn't trade enough to use conservative MM. Maybe I will try that myself.. ;)
Do you use 'aggressive' and 'recovery' ?

ff, don't forget to update to the new version 1.3 .. 8)
Title: Re: MegaDroid...
Post by: forexforever on August 09, 2010, 04:28:40 AM
hi Hammy,

i use default settings with aggressive on. i used recovery when i hit the SL earlier this year but i havent needed to use recovery on my pro account, i plan to use it when the need arises. i set the lot size manually as their is other EA's on that account and i just manually increase the size as it wins similar to the MD money management.

I also d FAP eur/chf scalper on the pro account which traded great with the spread and execution but i was using TP 5 and SL 35 and i kept getting the 35 SL hit so it wasnt making any money so i stopped it. I choose MD pro to trade eurchf instead since the ratio is better with many 10 pip TP hit and a tight SL of around 35 pips, on a standard alpari account i ran MD pro on eurchf and it made over 1000 in the month with 1 standard lot, so i added it to the pro and i think it would have made around 50 pips. but i dont run it with recovery mode as it trades at least 1 trade every night and is not quite as accurate as the MD on eur/usd.

i hope if u trade MD again it will continue to be as profitable for u as it has for me. good luck
Title: Re: MegaDroid...
Post by: ForexMan on August 09, 2010, 12:52:18 PM
anyone running the 1.30 now ?
Title: Re: MegaDroid...
Post by: hammy on August 09, 2010, 01:35:52 PM
4x4ever,

thanks, I will try MD with high lots, aggressive and recovery on demo to see if I can get results like yours before putting it back on live. BTW, EurChf is one of the worst pairs for FT right now, if you scalp with Usd Cad and EurGbp on FT you will do much better.
EurGbp: TP=4, SL=35
UsdCad: TP=7, SL=40

cheers !... ;)
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 09, 2010, 01:44:40 PM
anyone running the 1.30 now ?

Yup I've been running it since it was released.
Title: Re: MegaDroid...
Post by: dennerle on August 09, 2010, 01:47:26 PM
anyone running the 1.30 now ?

Yup I've been running it since it was released.
how's the results so far?  ???
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 09, 2010, 01:49:27 PM
anyone running the 1.30 now ?

Yup I've been running it since it was released.
how's the results so far?  ???

Still way too early to tell, but I did a backtest and it looked great, just like the previous version.
Title: Re: MegaDroid...
Post by: forexforever on August 09, 2010, 02:46:46 PM
4x4ever,

thanks, I will try MD with high lots, aggressive and recovery on demo to see if I can get results like yours before putting it back on live. BTW, EurChf is one of the worst pairs for FT right now, if you scalp with Usd Cad and EurGbp on FT you will do much better.
EurGbp: TP=4, SL=35
UsdCad: TP=7, SL=40

cheers !... ;)

hi hammy, i have been running those pairs on my other accounts but i am not confident enought to trade them with 3 lots per trade on the pro account yet. once i increase my balance a bit more i might.

what hours do u trade eur/gbp and usd cad? sorry if its off topic
Title: Re: MegaDroid...
Post by: hammy on August 09, 2010, 04:15:30 PM
4x4ever,

no problem,  FT : EurGbp at 20:15 to 23:15 GMT, UsdCad at 21 to 23 GMT.

These are a bit different than default settings but works for me.
you can use much smaller lots than with MD because you will get more trades but more chance of getting hit by SL.

cheers !.. :D
Title: Re: MegaDroid...
Post by: forexforever on August 10, 2010, 06:57:11 AM
Hi guys, did anyone get any trades from MD 1.3 last night?
Title: Re: MegaDroid...
Post by: fmonera on August 10, 2010, 07:42:51 AM
Hi guys, did anyone get any trades from MD 1.3 last night?

I had one trade on FXCBS live. Lost 1 pip.
Title: Re: MegaDroid...
Post by: forexforever on August 10, 2010, 07:58:16 AM
Hi Fmonera, thanks for that, do u trade MD on any other brokers or just fxcbs?

Have u backtested this new version compared to the old one? Does it trade any more often? Does it perform backtest any better?

Am interested to hear cause I only have MD Pro and was considering buying MD if its perform is much better than MD pro.

Thanks,
Title: Re: MegaDroid...
Post by: Trade It Easy on August 10, 2010, 09:27:51 AM
Hi everyone,
MD so far so good.
As soon as I have a server again ill be able to just set and forget MD and never look at it again lol.
Just read something worrying on this thread:
 "the ratio is better with many 10 pip TP hit and a tight SL of around 35 pips"
The main word that "worries" me is "tight"!!! 35 pip SL is NOT tight. I trade md on a tincy wincy account pretty much for fun. I predominantly trade manually and my average SL is around 6 pips. I understand that as it is a robot it has to have larger Sl's however! don't get too comfortable with their Sl's etc.
A 35 pip SL to me would only be "tight" if my TP was over 100.

Kind Regards

Autotrader
Title: Re: MegaDroid...
Post by: forexforever on August 10, 2010, 10:17:30 AM
Wow autotrader, u trade with an average SL of just 6 pips, now that really is tight! Your entries musyt be amazing to not get SL hit, may I ask what type of trading u do with a low SL and what pairs? Is it extremely profitably?

I think the SL can also be called tight because of its high success rate and good entry points, compared to other EA that trade very frequently and not as accurate there SL are less tight. Is your ration 3:1 TP:SL?
Title: Re: MegaDroid...
Post by: fmonera on August 10, 2010, 05:35:08 PM
Hi Fmonera, thanks for that, do u trade MD on any other brokers or just fxcbs?

Have u backtested this new version compared to the old one? Does it trade any more often? Does it perform backtest any better?

Am interested to hear cause I only have MD Pro and was considering buying MD if its perform is much better than MD pro.

Thanks,

I did a backtest. It seems the entry logic is the same, as the last weeks didn't trade often as 1.21.

On AAAFX and Forex.com there were no trades yesterday.
Title: Re: MegaDroid...
Post by: fmonera on August 10, 2010, 06:03:13 PM
Is anyone going to stop Megadroid tonight due to high impact news?
Title: Re: MegaDroid...
Post by: forexforever on August 10, 2010, 06:21:21 PM
Is anyone going to stop Megadroid tonight due to high impact news?

thin k iwill let it trade, the news is a few hours before MD starts trading so i think the market will settle by then if it does move........well i so hope cause i will be asleep then and i hope my account is still there in the morning! ;D
Title: Re: MegaDroid...
Post by: Mic on August 10, 2010, 08:08:18 PM
If trading MD at 30% risk, like on the vendor's site, what lot size would that be on a $7000 account?
Title: Re: MegaDroid...
Post by: JohnW on August 10, 2010, 08:24:07 PM
It will be 7 x 0.3 = 2.1 lot size. 
Title: Re: MegaDroid...
Post by: Mic on August 10, 2010, 08:30:18 PM
It will be 7 x 0.3 = 2.1 lot size. 

thanks
Title: Re: MegaDroid...
Post by: Colleen on August 11, 2010, 01:34:56 AM
Colleen,

Is Megadroid Pro and Swissy Accu-Scalper doing well for you thus far live?  Do you have Forex Scalpa by the MD Team and do you have an opinion on that EA?


Hi Style,

Missed your post from Aug 7, but I'll answer it today... been a bit busy lately but the Megadroid Pro is on Vacation with me as I have been busy to not let 4 currency pairs run wild for me - thinking of trading it over on my Live MIG account in September possibly...

Swissy Accu Scalper thread was just updated and mostly in Profit lately...

Forex Scalpa... don't think I collected this one and if i did - it'd be on Demo for now anyhow...

Hope this answers some of your questions...

And if you have the Megadroid 1.30 bot email... it's easy to download... just follow the instructions... I did it in less than 5 minutes kids! :)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Star on August 11, 2010, 09:21:48 PM
Just got a trade at 20:05 GMT.Looks like with version 1.30 Megadroid enters the trades earlier now.It used to be only 21-23 GMT , I beleive.
Title: Re: MegaDroid...
Post by: aagarcia on August 11, 2010, 10:32:45 PM
not a good night for MD
Title: Re: MegaDroid...
Post by: Mic on August 11, 2010, 10:34:16 PM
Just got a trade at 20:05 GMT.Looks like with version 1.30 Megadroid enters the trades earlier now.It used to be only 21-23 GMT , I beleive.

Just got a trade too. Down -10 pips right now. I took a chance on MD because people say it hardly ever loses, but I have the worst luck with these rarely-losing robots. Seems like the first trade i get with them most often ends in a loss; hope this doesn't happen today with my first MD trade.
Title: Re: MegaDroid...
Post by: forexdriller on August 11, 2010, 10:37:59 PM
I got a wining trade at alpari uk
2010.08.11 23:18 buy 0.18 lot   25.92 profit
Title: Re: MegaDroid...
Post by: hammy on August 11, 2010, 10:41:20 PM
Beware of the EurUsd this month, I don't see any EA trading it very well, it's wierd !... ???
Title: Re: MegaDroid...
Post by: Style on August 11, 2010, 10:43:22 PM
Just got a trade at 20:05 GMT.Looks like with version 1.30 Megadroid enters the trades earlier now.It used to be only 21-23 GMT , I beleive.

How is the version 1.30 working for you guys?  Notice any other differences?  I wonder if this version is safer to trade.  That's not to say MD wasn't already fairly accurate with the previous version.
Title: Re: MegaDroid...
Post by: Mic on August 11, 2010, 10:53:29 PM
Just closed out for a couple pips loss -- didn't trust it.
Title: Re: MegaDroid...
Post by: civfan on August 11, 2010, 11:08:29 PM
Just closed out for a couple pips loss -- didn't trust it.

me too -- me neither.
Title: Re: MegaDroid...
Post by: ForexMan on August 12, 2010, 01:18:18 AM
MD 1.3 took first trades this morning.. 2 trades.. one closed on even but loss on swap and the other still on a floating loss..  pretty aggressive, I would say.
Title: Re: MegaDroid...
Post by: Style on August 12, 2010, 10:02:24 AM
Just closed out for a couple pips loss -- didn't trust it.

me too -- me neither.

Yup same.  How many of you are going to keep running MD this month vs. taking if off the chart for a while.
Title: Re: MegaDroid...
Post by: ForexMan on August 12, 2010, 12:03:36 PM
I will leave MD running.. the two trades it took.. came positive overall .. but just barely.. it closed too early after occurring a FL.. it closed when it got back to a small ++
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 12, 2010, 12:16:21 PM
I'm gonna continue to run MD even after last night. Seemed like a poor call to trade by MD last night. Opened 2 trades on IBFX within 10 pips of each other... was down $80 at one point but it recovered for about a 90 Cent gain overall.
Title: Re: MegaDroid...
Post by: Style on August 12, 2010, 02:06:51 PM
ForeMan and SoutherPitBull

You both have Aggressive set to true?
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 12, 2010, 02:10:47 PM
ForeMan and SoutherPitBull

You both have Aggressive set to true?

Yes I do. However I think I'll be turning Aggressive to false.
Title: Re: MegaDroid...
Post by: foop on August 12, 2010, 03:58:01 PM
ff,

I certainly agree with you, that the only way to make more money with MD is to trade larger lots. But you must have a lot of confidence in the EA to trade those lot sizes. You are right, as a scalper MD is the best I have seen for % wins, maybe Fapturbo will get you more trades and more money if trading the same lot sizes ?  But, ya ! .. bigger lots makes sense for MD because it doesn't trade enough to use conservative MM. Maybe I will try that myself.. ;)
Do you use 'aggressive' and 'recovery' ?

ff, don't forget to update to the new version 1.3 .. (http://ringtonez.me/px/cool.gif)

Yea, I agree you need to have lots of confidence in the EA, and I do use aggressive and recovery
Title: Re: MegaDroid...
Post by: ForexMan on August 13, 2010, 01:37:55 AM
yes.. it is set to Aggressive
Title: Re: MegaDroid...
Post by: forexforever on August 13, 2010, 05:01:58 AM
hi guys did u get any trades from MD last night? i woke up to find my vps installed something and retarted so all my accounts werent open to trade. just wondering if i missed out on anything good :)
Title: Re: MegaDroid...
Post by: Style on August 13, 2010, 05:44:34 AM
Some won some lost.  I think it was best that you weren't able to trade yesterday. 
Title: Re: MegaDroid...
Post by: DamBuster on August 13, 2010, 07:08:07 AM
Alpari UK live did not tarde last night
Title: Re: MegaDroid...
Post by: ForexMan on August 15, 2010, 02:27:40 AM
just my opinion...

I am starting to believe that this MD is controlled manually by someone on the other end. The reason that I am saying this is because

1. It was holiday season in August and the trader took his vacation.
2. if it was fully automated, there would have been some trades, be it winning or losing
3. the MD can be controlled from the other end... whereby they can switch on the main
program that supplies the buy and sell orders to our platform. That is the reason for the dll files.

If the above was true, then this EA is not fully automated and stand alone as claimed and we are at the mercy of the developers. If they wish to shut us down .. they can do so anytime. Even if they wish to no longer run the biz.. our EA wont be working anymore.

In that scenario.. it will be good.. but if it were to get into the wrong hands.. our accounts can be wiped out in no time!.

I do hope that I am wrong to all aspects and this would be a nice topic for us to discuss as there seems to be very little trade these days.
Title: Re: MegaDroid...
Post by: aagarcia on August 15, 2010, 05:13:20 AM
just my opinion...

I am starting to believe that this MD is controlled manually by someone on the other end. The reason that I am saying this is because

1. It was holiday season in August and the trader took his vacation.
2. if it was fully automated, there would have been some trades, be it winning or losing
3. the MD can be controlled from the other end... whereby they can switch on the main
program that supplies the buy and sell orders to our platform. That is the reason for the dll files.

If the above was true, then this EA is not fully automated and stand alone as claimed and we are at the mercy of the developers. If they wish to shut us down .. they can do so anytime. Even if they wish to no longer run the biz.. our EA wont be working anymore.

In that scenario.. it will be good.. but if it were to get into the wrong hands.. our accounts can be wiped out in no time!.

I do hope that I am wrong to all aspects and this would be a nice topic for us to discuss as there seems to be very little trade these days.

Don't worry chief..... yes you are wrong.
Title: Re: MegaDroid...
Post by: Trade It Easy on August 15, 2010, 10:15:35 AM
I like the theory Forex Man however you are incorrect. To simply see for yourself just manually change the gmt offset to any number of ur choice and more trades will be made at random times. Now u could set ms to trade every hour of the day. Test it for yourself. Thanks for your input my friend.
Kind Regards
Autotrader
Title: Re: MegaDroid...
Post by: chk56 on August 15, 2010, 06:03:48 PM
Big Brother is Watching You, hehe...

Now, seriously, I think most of the time it's just the other way around: some folks offer you a first class manual signal service, and after a while you get the feeling, that there might be nothing but a cheapo scam EA behind those precious manual trade signals...

MD is one of the few EAs that still work, because it trades very selectively (=seldomly). If you force it to trade often, at first you'll get very excited about the high profits, until one fine day you face disaster. There is a whole thread (ADT, Advanced Droid Tactics) about this subject, but nobody talks about it anymore. However, everybody is still talking about the original Megadroid. So judge by yourself...  ;)
Title: Authentication Failure
Post by: bcfc1976 on August 16, 2010, 12:55:37 AM
Any one else getting the Authentication Message error 2
I have it on both the MG & MG Pro.

I also cannot raise a support ticket as the megadroid webpage times out.

All else is fine with my connection and other EA's.
Title: Re: MegaDroid...
Post by: fx50 on August 16, 2010, 01:13:41 AM
same here on 1.30, reloaded and still the same...
Title: Re: MegaDroid...
Post by: jshear on August 16, 2010, 01:41:21 AM
Same here to using 1.3 on Alpari UK and ATC. Was fine on friday this error authentication failederror(2) WinINet connectio failed!!



Jeff
Title: Re: MegaDroid...
Post by: aagarcia on August 16, 2010, 03:33:20 AM
Same here to using 1.3 on Alpari UK and ATC. Was fine on friday this error authentication failederror(2) WinINet connectio failed!!



Jeff

Same here.  If one finds the answer tell us please.  Thanks,
Title: Re: MegaDroid...
Post by: Chip4Pips on August 16, 2010, 04:03:23 AM
Also have the same error. Tick, tock....
Title: Re: MegaDroid...
Post by: Ghosthand on August 16, 2010, 04:36:52 AM
R u guys try a backtest using V1.3?? Is kinda extremely less trades, then ever!!
Title: Re: MegaDroid...
Post by: DamBuster on August 16, 2010, 07:34:17 AM
Also the same on Alpari UK live across all accounts and their website is down...
Title: Re: MegaDroid...
Post by: forexforever on August 16, 2010, 08:55:25 AM
MD pro is the same, lets hope they get it fixed by tonight eh  :(
Title: Re: MegaDroid...
Post by: DamBuster on August 16, 2010, 09:13:12 AM
Well, at least it confirms that the problem is not with the end user

Here's hoping it gets fixed pronto!
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 16, 2010, 11:57:23 AM
Hope they fix the problem soon... I had auto GMT set and woke up to Forex Scapla, and Swissy Accu Scalper taking trades. Cost me about $200. Turned off EA's until they get the problem fixed, i would recommend yall do the same to avoid this costly mistake.
Title: Re: MegaDroid...
Post by: DamBuster on August 16, 2010, 12:07:21 PM
Hope they fix the problem soon... I had auto GMT set and woke up to Forex Scapla, and Swissy Accu Scalper taking trades. Cost me about $200. Turned off EA's until they get the problem fixed, i would recommend yall do the same to avoid this costly mistake.

SPT, are you saying that the EA's traded even though authentication had failed?

If so, then that's real scary!
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 16, 2010, 12:34:54 PM
Hope they fix the problem soon... I had auto GMT set and woke up to Forex Scapla, and Swissy Accu Scalper taking trades. Cost me about $200. Turned off EA's until they get the problem fixed, i would recommend yall do the same to avoid this costly mistake.

SPT, are you saying that the EA's traded even though authentication had failed?

If so, then that's real scary!

Yup those 2 defiantly traded, in loss. However Megadroid itself did not. I'm just glad I found it when I did
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 16, 2010, 12:46:05 PM
Authentication server seems to be back up now.
Title: Re: MegaDroid...
Post by: Style on August 16, 2010, 01:27:29 PM
Hope they fix the problem soon... I had auto GMT set and woke up to Forex Scapla, and Swissy Accu Scalper taking trades. Cost me about $200. Turned off EA's until they get the problem fixed, i would recommend yall do the same to avoid this costly mistake.

Live account?  Besides this incident, how has Scalpa and Swissy been working out for you?
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 16, 2010, 01:49:31 PM
Hope they fix the problem soon... I had auto GMT set and woke up to Forex Scapla, and Swissy Accu Scalper taking trades. Cost me about $200. Turned off EA's until they get the problem fixed, i would recommend yall do the same to avoid this costly mistake.

Live account?  Besides this incident, how has Scalpa and Swissy been working out for you?

Yes live account(s), Prior to this they had been doing great, had em running for a few weeks and not a single loss. I'm convinced the only reason they lost is because they aren't supposed to be running during the time frame that it decided to trade in today.
Title: Re: MegaDroid...
Post by: Style on August 16, 2010, 04:36:20 PM
I'm gonna continue to run MD even after last night. Seemed like a poor call to trade by MD last night. Opened 2 trades on IBFX within 10 pips of each other... was down $80 at one point but it recovered for about a 90 Cent gain overall.

What risk level do you have it set and what lot size are you trading?
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 16, 2010, 11:30:10 PM
I'm gonna continue to run MD even after last night. Seemed like a poor call to trade by MD last night. Opened 2 trades on IBFX within 10 pips of each other... was down $80 at one point but it recovered for about a 90 Cent gain overall.

What risk level do you have it set and what lot size are you trading?

Risk set to .15 on a Mini account, its usually around 1 mini lot per trade
Title: Re: MegaDroid...
Post by: robl45 on August 17, 2010, 12:41:06 AM
had 3 trades tonight, allprofitable,  1 sell and 2 buys.  around 12 pips each.
Title: Re: MegaDroid...
Post by: ForexMan on August 17, 2010, 12:56:46 AM
had 3 trades tonight, allprofitable,  1 sell and 2 buys.  around 12 pips each.

What platform are you using and settings?

Had two trades a few hours ago for a total of 5 pips!
Title: Re: MegaDroid...
Post by: robl45 on August 17, 2010, 01:38:30 AM
the collectivefx,  aggressive true and recovery true.  stealth true and nfa false.

i set gmt offset manually, don't know if that makes a difference and using the newest 1.30
Title: Re: MegaDroid...
Post by: fx50 on August 17, 2010, 02:04:01 AM
That's great rob!  I only had 1 trade at collective tonite ;D
Title: Re: MegaDroid...
Post by: Colleen on August 17, 2010, 04:28:20 AM
Hi Folks!

Well tonite, after another busy day today, I found a couple of Megadroid 1.30 trades had occurred on my Live MIG Bank Account...

And it was a Profitable Night tonite I'm happy to say...

33083056 2010.08.16 22:39 sell 0.40 eurusd 1.28244 1.28863 1.27747 2010.08.16 23:47 1.28241 0.00 0.00 -0.13 1.20
33083399 2010.08.16 23:17 sell 0.40 eurusd 1.28264 1.28947 1.27664 2010.08.17 00:45 1.28220 0.00 0.00 0.00 17.60

So Profit was found for me here...

Hope those authentication problems were resolved out there...

And I really do hope there's no bugs in the 1.30 Version we've all received...

Have a good night folks!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: forexforever on August 17, 2010, 04:36:10 AM
yes great night for me too at alpari pro with 3 trades, 1 sell, 2 buys and alpari standard with 2 trades, 1 sell , 1 buy, thats with MD pro
Title: Re: MegaDroid...
Post by: Style on August 17, 2010, 03:59:35 PM
ForeMan and SoutherPitBull

You both have Aggressive set to true?

Yes I do. However I think I'll be turning Aggressive to false.

Why?
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 17, 2010, 04:14:24 PM
ForeMan and SoutherPitBull

You both have Aggressive set to true?

Yes I do. However I think I'll be turning Aggressive to false.

Why?

I'm not a big fan of opening 2 trades at a time. thats a pretty decent chunk of money if they go against you.
Title: Re: MegaDroid...
Post by: ForexMan on August 20, 2010, 01:23:49 PM
MD has been pretty quite the last few weeks.. ..
Title: Re: MegaDroid...
Post by: SouthernPitBull on August 20, 2010, 02:48:14 PM
had a trade on the 19th closed for 3.9 pips

08.19.2010 22:44      08.19.2010 23:47     EURUSD      Buy     0.67      1.27449      1.28566      1.28062      1.28101      3.9      2.62
Title: Re: MegaDroid...
Post by: ForexMan on August 24, 2010, 05:23:24 AM
MD 1.30 took a trade and is now on FL.. it took two trades..time to get off the aggressive mode.
Title: Re: MegaDroid...
Post by: dkmillion on August 24, 2010, 05:58:32 AM
Could anyone who trades Aggressive = False tell if you also have 2 trades floating?
Title: Re: MegaDroid...
Post by: dkmillion on August 24, 2010, 06:00:26 AM
Why did'nt get Donna trades in July and August?  http://www.mt4i.com/users/donnaforex
Title: Re: MegaDroid...
Post by: 808 on August 24, 2010, 06:26:46 AM
I have it to false no trades today. Forex.com
Title: Re: MegaDroid...
Post by: DamBuster on August 24, 2010, 06:29:53 AM
Could anyone who trades Aggressive = False tell if you also have 2 trades floating?

2 trades (aggressive = true) still open on Alpari UK (fingers crossed)

Take care though, MD will close the rades no matter where they are 12 hours after opening them (don't know if v1.30 does this though)

Might be worth keeping an eye on with possible manual intervention
Title: Re: MegaDroid...
Post by: DamBuster on August 24, 2010, 07:58:23 AM
Switched MD off, went manual and set +5 pip TP and SL just under S2

1st trade now closed with +5

2nd not looking so good...
Title: Re: MegaDroid...
Post by: ForexMan on August 24, 2010, 08:25:27 AM
Could anyone who trades Aggressive = False tell if you also have 2 trades floating?

Yes.. I had two trades open.. once has since been closed.
Title: Re: MegaDroid...
Post by: ForexMan on August 24, 2010, 09:55:25 AM
took heavy losses today.. 1 in small profit and 1 loss
Title: Re: MegaDroid...
Post by: jubal on August 24, 2010, 11:49:30 AM

[/quote]Take care though, MD will close the rades no matter where they are 12 hours after opening them (don't know if v1.30 does this though)

Might be worth keeping an eye on with possible manual intervention
[/quote]

Looks like it ver 1.30 also closes after 12 hours. I got shut out today on 2nd trade. Wasnt aware that this happened or I would have intervened. Ah well, you live and learn
Title: Re: MegaDroid...
Post by: Trader@Home on August 24, 2010, 12:45:26 PM
MD heading to a natural death ???
Title: Re: MegaDroid...
Post by: DamBuster on August 24, 2010, 12:48:57 PM


Looks like it ver 1.30 also closes after 12 hours. I got shut out today on 2nd trade. Wasnt aware that this happened or I would have intervened. Ah well, you live and learn

What was the pip loss when it closed? (I set my SL manually at -55 pips and it got hit so wondering what it would have been if left alone)
Title: Re: MegaDroid...
Post by: Trader@Home on August 24, 2010, 01:50:05 PM


Looks like it ver 1.30 also closes after 12 hours. I got shut out today on 2nd trade. Wasnt aware that this happened or I would have intervened. Ah well, you live and learn

What was the pip loss when it closed? (I set my SL manually at -55 pips and it got hit so wondering what it would have been if left alone)
i can understand the fury when MD trades at less frequent and getting hit at your stop loss... >:( i would deffa go nuts if it happens to me..so thats why scalpers that trades on a particular session much betta 8)
Title: Re: MegaDroid...
Post by: nano_fx0 on August 24, 2010, 02:06:15 PM


Looks like it ver 1.30 also closes after 12 hours. I got shut out today on 2nd trade. Wasnt aware that this happened or I would have intervened. Ah well, you live and learn

What was the pip loss when it closed? (I set my SL manually at -55 pips and it got hit so wondering what it would have been if left alone)

ver 1.30 default SL=60 pips while previous version only 45 pips
Title: Re: MegaDroid...
Post by: jubal on August 24, 2010, 02:16:23 PM


Looks like it ver 1.30 also closes after 12 hours. I got shut out today on 2nd trade. Wasnt aware that this happened or I would have intervened. Ah well, you live and learn

What was the pip loss when it closed? (I set my SL manually at -55 pips and it got hit so wondering what it would have been if left alone)
I got closed after 12 hours at 44.7 pips lost. So you cost yourself about 10 pips. Thats the way it goes!!
Title: Re: MegaDroid...
Post by: DamBuster on August 24, 2010, 03:00:22 PM
Thanks jubal

Managed to close the second trade manually at +5 so only about -5 worse off, but damn, it still hurts when MD takes a SL
Title: Re: MegaDroid...
Post by: Colleen on August 24, 2010, 08:59:50 PM
Hi Folks,

Well the Megadroid 1.3 traded last night on my Live MIG Bank account with these results...

33134828   2010.08.23 23:42   buy   0.40   eurusd   1.26494   1.25548   1.27102   2010.08.24 07:48   1.26497   0.00   0.00   0.00   1.20
33134400   2010.08.23 22:02   buy   0.40   eurusd   1.26628   1.26007   1.27122   2010.08.24 10:02   1.26172   0.00   0.00   0.07   -182.40

What was the bot thinking I wonder?

RCTPA - I do hope the Upgrade to 1.3 trades as well as the previous Upgraded Version was working for us... but this is the Fun with Forex we trade with and whenever the Droid hits a StopLoss - It hurts, doesn't it?

And both the Stealth and Aggressive opted to play...

All my profits from the Droid and Swissy on my MIG account this month are now in the slightly negative zone... -20.46 so the equity remains reasonably intact but I do hope the Megadroid 1.3 can still rake in the Pips in Profit for me and everyone else too!

And no I do not have the Recovery Mode queued onto my Droid settings...  ::)

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: forexdriller on August 24, 2010, 10:05:31 PM
this robot is completly crazy ... actually all of them are crazy trying to buy eurusd ....
what a terrible night ...
I just turned off megadroid ...
Title: Re: MegaDroid...
Post by: Colleen on August 24, 2010, 10:23:02 PM
Hi Folks,

YUP, forexdriller - another nailbiter tonite it seems...

2 Buys again... sigh...

Let's hope this Modified 1.3 Version's RCTPA is on track tonite for us...

Or, we'll be spending next month making up for this nonsense...

Let's hope things turn around for us...

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: Thegolfer on August 25, 2010, 01:22:01 AM
Same here 2 droid buys and another buy from forex trading scalper. MD trades were losers and FTS close tonight with a profit after an overnight drawdown. Very frustrating. I wish I knew what megadroid was thinking.
Title: Re: MegaDroid...
Post by: dlewisfl on August 25, 2010, 03:13:27 AM
10 pip winner tonight, 1 pip "winner" last night.  No double trades this week, no S/Ls.  Aggressive mode is on, broker is forex.com UK.  These were live trades.
Title: Re: MegaDroid...
Post by: ForexMan on August 25, 2010, 03:23:49 AM
I have one buy after changing to not aggressive. Still FL.
Title: Re: MegaDroid...
Post by: Colleen on August 25, 2010, 03:29:56 AM
Hi Folks,

33147098   2010.08.24 23:02   buy   0.40   eurusd   1.26247   1.24702   1.26817   2010.08.25 00:03   1.26326   0.00   0.00   0.00   31.60
33146731   2010.08.24 22:31   buy   0.40   eurusd   1.26631   1.25859   1.27132   2010.08.25 04:17   1.26557   0.00   0.00   0.07   -29.60

I got out with -29.60 manually - fed up with watching the action and not risking anymore $... was down to -7.00 but I missed out...

Oh well, my MIG account balance is back up in the GREEN +85.15 as the Swissy made up some pips and $ too for me...

We'll have to see how Wednesday and Thursday play out with the Droid 1.30 ea...

Have a good nite everyone!

Cheers,

Colleen ;)
Title: Re: MegaDroid...
Post by: DamBuster on August 25, 2010, 06:39:49 AM
Alapri live, 2 trades ending +10.2 total pips

But what a night, got very scary as MD had opened its 1st trade when S & P downgraded the credit rating of Ireland and the fell off a cliff. As its falling MD opens a 2nd trade!!

But all's well that ends well, and we get to play another day :)
Title: Re: MegaDroid...
Post by: Ghosthand on August 25, 2010, 09:19:13 AM
Thiis is scary, i just have a 90% modelling, risk0.2, of MegadroidV1.3 backtest on 2009,  hell it just blew account on 9 March...    This newer version filter out more trades(including nice trades), but when come to loses, it seems hard to recover...   scalping loses need more trades to recovery.... :-[

I think finally "The Judgement Day" for Megadroid has come.    However, is lucky that u still can find version1.1 in market, if u know what i mean...
Title: Re: MegaDroid...
Post by: ForexMan on August 25, 2010, 01:14:58 PM
I think MD is not as independent as it claims to be. I prefer the 1.21. Never used the 1.1.

An EA should be completely independent on not rely on the makers as it is now. Since 1.3 is out we cant use the 1.21 anymore.

I am starting to worry about 1.3 has yet to prove itself and has taken a substantial loss!
Title: Re: MegaDroid...
Post by: robl45 on August 25, 2010, 09:30:58 PM
from hearing these stories, I think i go find a cracked 1.21 tonight,  personally I paid my money and should be able to use whatever damn version I want.
Title: Re: MegaDroid...
Post by: nano_fx0 on August 25, 2010, 09:45:22 PM
I think MD is not as independent as it claims to be. I prefer the 1.21. Never used the 1.1.

An EA should be completely independent on not rely on the makers as it is now. Since 1.3 is out we cant use the 1.21 anymore.

I am starting to worry about 1.3 has yet to prove itself and has taken a substantial loss!


According to my observation the code is the same only new version now trades an hour earlier, so we can tweak around so it trades the same like old version...
Title: Re: MegaDroid...
Post by: dennerle on August 25, 2010, 10:26:02 PM
I think MD is not as independent as it claims to be. I prefer the 1.21. Never used the 1.1.

An EA should be completely independent on not rely on the makers as it is now. Since 1.3 is out we cant use the 1.21 anymore.

I am starting to worry about 1.3 has yet to prove itself and has taken a substantial loss!


According to my observation the code is the same only new version now trades an hour earlier, so we can tweak around so it trades the same like old version...
how you able to see the codes?  :o
Title: Re: MegaDroid...
Post by: nano_fx0 on August 25, 2010, 10:35:41 PM
I think MD is not as independent as it claims to be. I prefer the 1.21. Never used the 1.1.

An EA should be completely independent on not rely on the makers as it is now. Since 1.3 is out we cant use the 1.21 anymore.

I am starting to worry about 1.3 has yet to prove itself and has taken a substantial loss!


According to my observation the code is the same only new version now trades an hour earlier, so we can tweak around so it trades the same like old version...
how you able to see the codes?  :o

FYI the are plenty of decompile software available on the net.... but for this case I don't it as I said by watching new MD now start tarding at GMT 20:00 and previous one trade start at GMT 21:00
Title: Re: MegaDroid...
Post by: fx50 on August 25, 2010, 11:13:44 PM
from hearing these stories, I think i go find a cracked 1.21 tonight,  personally I paid my money and should be able to use whatever damn version I want.

I agree, I'd like to run them both at the same time and compare notes, if you find a good one please let me know............... collective,  ibfx and forex.com took a short tonight on 1.30
Title: Re: MegaDroid...
Post by: ForexMan on August 26, 2010, 01:08:12 AM
from hearing these stories, I think i go find a cracked 1.21 tonight,  personally I paid my money and should be able to use whatever damn version I want.

Hey.. I agree with you... we paid good money for 1.21 and no reason why we cant use it anymore. Send me a copy if come across one.
Title: Re: MegaDroid...
Post by: Ghosthand on August 26, 2010, 02:00:59 AM

As the paid member 4 1st version, I feel the same way too. I think v hav the rigt to use cracked one.
I donot know is that correct to speak this shxt out over here. As I know there is no 1.21 crack found recently, the most is 1.11....     anyone found 1.21 pls PM or share out somewhere...    I still keep a copy of original 1.21, any craker want that piece of copy to be cracked pls PM me. Is for our good sake. Hope that Donna wont feel offfended here.
I tried a backtest with 90% modelling on Instaforex.   Weird is 1.30 and 1.21 blew account on March. with risk 0.2. aggresive. 2 orders almost hit a 100pips SL and thats horrible.    But survive with 1.1......
Title: Re: MegaDroid...
Post by: robl45 on August 26, 2010, 03:23:07 AM
i ran backtests on fxopen ecn tonight,  1.30 and 1.21, both ran almost exactly the same with 1.30 being a little smoother, so I'm not seeing much difference there, both got nailed from first few months of 2009 but the odds of financial crisis appearing again anytime soon are slim.

I did find a cracked version of 1.21, but as I said, really I see no difference in them.  I may run aggressive mode true and turn recovery mode off,  recovery mode on made double the money over the 11 years or so but you can really get hammered when you have multiple stoplosses.

also, I run .10 risk, .20 is kinda high.  I can't really see megadroid blowing an account though unless you testing on a crappy broker or the offset is wrong.
Title: Re: MegaDroid...
Post by: Ghosthand on August 26, 2010, 12:59:21 PM
Instaforex = crap??  i do not know.  I use it due to winning their Sniper Contest. But withdrawal still ok. I use 0.2 risk and the lot size still slightly smaller then MEGA official result. In official result, u can see that they start with USD10K account with lot size 2.5 standard lot.
My backtest is 2.0 standard lot.  Is kinda shady overthere....       
Title: Re: MegaDroid...
Post by: Aow on August 27, 2010, 01:41:22 AM
Did any1 get a trade on md today?
Title: Re: MegaDroid...
Post by: robl45 on August 27, 2010, 02:05:39 AM
i have a long open now.
Title: Re: MegaDroid...
Post by: Aow on August 27, 2010, 04:33:08 AM
i have a long open now.

I had the same trade open, but I though MD was not supposed to trade last friday of the month.
Title: Re: MegaDroid...
Post by: Style on August 27, 2010, 05:55:59 AM
i have a long open now.

I had the same trade open, but I though MD was not supposed to trade last friday of the month.

Are these two trades mentioned above a result of having set aggressive = true?
Title: Re: MegaDroid...
Post by: DamBuster on August 27, 2010, 06:50:19 AM
MD will pause trading from the 27th or 28th of  every month, irrespective of what day it falls on, and restart on the 1st of every month also irrespective of what day it falls on

No trade on Alpari live last night...
Title: Re: MegaDroid...
Post by: ngling on August 27, 2010, 02:04:15 PM
I have aggressive = true, but did not have any trades today with Go Markets, so it might be broker related.
Title: Re: MegaDroid...
Post by: eddystone on August 29, 2010, 05:05:41 PM
Can someone tell me if it,s possible to run two different EA's on the same currency pair at the same time. e.g. Megadroid + Another on the MT4 Platform.

Many thanks Ed
Title: Re: MegaDroid...
Post by: DamBuster on August 29, 2010, 05:27:04 PM
This is possible as long as the magic numbers differ from each other :)
Title: Re: MegaDroid...
Post by: Trader@Home on August 30, 2010, 01:06:57 AM
it is possible i recommend to try both on different  platforms ...for refunding options and any conflict nature..some EA developers categorically state that this be done ;D
Title: Re: MegaDroid...
Post by: dlewisfl on August 31, 2010, 04:19:33 PM
FOMC today, usually a good idea to shut Megadroid off on FOMC day.
Title: Re: MegaDroid...
Post by: jamesfrance on August 31, 2010, 04:21:42 PM
Can someone tell me if it,s possible to run two different EA's on the same currency pair at the same time. e.g. Megadroid + Another on the MT4 Platform.

Many thanks Ed


Yes I have several
Title: Re: MegaDroid...
Post by: Ghosthand on September 01, 2010, 05:16:58 AM
Sometimes i just really pissoff of these EA developer that kinda making thing shaddy and mysterious
. That is no secret that MD is just trade on 5PM-6PM EST, and 27th 28th each month, But y the hxll MD still telling ppl to "ON THEIR ROBOT 24H" and non mentioned about stop on 27th 28th??
They still thought that brokers are stupid or naive ?
Title: Re: MegaDroid...
Post by: 999cjb on September 01, 2010, 07:15:48 AM
Sometimes i just really pissoff of these EA developer that kinda making thing shaddy and mysterious
. That is no secret that MD is just trade on 5PM-6PM EST, and 27th 28th each month, But y the hxll MD still telling ppl to "ON THEIR ROBOT 24H" and non mentioned about stop on 27th 28th??
They still thought that brokers are stupid or naive ?

There is a valid reason for a developer requiring a robot to be left running 24/5. This is if the robot is collecting data in arrays for use in subsequent trades where this data is difficult or impossible to collect at a later time. But this data should always be backed up on the robot's hard drive otherwise a power failure or reboot could prove catastrophic.

But I have no idea whether Megadroid does this or not. I stopped using this robot more than a year ago.
Title: Re: MegaDroid...
Post by: dn2010 on September 01, 2010, 12:51:50 PM
Sometimes i just really pissoff of these EA developer that kinda making thing shaddy and mysterious
. That is no secret that MD is just trade on 5PM-6PM EST, and 27th 28th each month, But y the hxll MD still telling ppl to "ON THEIR ROBOT 24H" and non mentioned about stop on 27th 28th??
They still thought that brokers are stupid or naive ?

There is a valid reason for a developer requiring a robot to be left running 24/5. This is if the robot is collecting data in arrays for use in subsequent trades where this data is difficult or impossible to collect at a later time. But this data should always be backed up on the robot's hard drive otherwise a power failure or reboot could prove catastrophic.

But I have no idea whether Megadroid does this or not. I stopped using this robot more than a year ago.

Hi Sorry didn't understood, You mean it only trades 2 days in a month? 27-28?
Title: Re: MegaDroid...
Post by: SouthernPitBull on September 01, 2010, 01:08:31 PM
Sometimes i just really pissoff of these EA developer that kinda making thing shaddy and mysterious
. That is no secret that MD is just trade on 5PM-6PM EST, and 27th 28th each month, But y the hxll MD still telling ppl to "ON THEIR ROBOT 24H" and non mentioned about stop on 27th 28th??
They still thought that brokers are stupid or naive ?

There is a valid reason for a developer requiring a robot to be left running 24/5. This is if the robot is collecting data in arrays for use in subsequent trades where this data is difficult or impossible to collect at a later time. But this data should always be backed up on the robot's hard drive otherwise a power failure or reboot could prove catastrophic.

But I have no idea whether Megadroid does this or not. I stopped using this robot more than a year ago.

Hi Sorry didn't understood, You mean it only trades 2 days in a month? 27-28?

Nope it stops trading for the month on those 2 days
Title: Re: MegaDroid...
Post by: txo2008 on September 01, 2010, 05:22:13 PM
Hi i am new here, can someone please tell me how would I able to see the settings of the current trade.
Ex: I have eur/usd session open to trade however would like to see my current setting, when I drag the " grey color megadroid"  over my trade window, it shows default settings only instead of updated settings. Thanks.
Title: Re: MegaDroid...
Post by: hammy on September 01, 2010, 07:26:39 PM
Hi i am new here, can someone please tell me how would I able to see the settings of the current trade.
Ex: I have eur/usd session open to trade however would like to see my current setting, when I drag the " grey color megadroid"  over my trade window, it shows default settings only instead of updated settings. Thanks.

You really should try reading the guide .. ::)

right click on smiley face, click 'expert advisors', click 'properties', click 'inputs'...presto !!

DO NOT drag the gray megadroid file to chart or you will install another copy of robot .. ???

hope you figure it out.... do some reading !

cheers ... ;)
Title: Re: MegaDroid...
Post by: Style on September 02, 2010, 01:35:43 AM
One trade today for a small profit on v. 1.30.  Anyone else?
Title: Re: MegaDroid...
Post by: ForexMan on September 02, 2010, 01:51:41 AM
none for me... I reloaded 1.21 and waiting to see if it works!
Title: Re: MegaDroid...
Post by: DamBuster on September 02, 2010, 10:13:53 AM
2 trades on Alpari UK live with v1.30

First closed for +5.5 pips then second one opened within 5 minutes

10 minutes later I closed it manually for +7.2

Not a bad night for MD :)
Title: Re: MegaDroid...
Post by: Istherehope on September 02, 2010, 11:52:40 AM
One trade on my Jade demo account +6 pips, and still recovering from the last disaster like Primeval
Title: Re: MegaDroid...
Post by: Ghosthand on September 02, 2010, 02:31:01 PM
Tell y'all what, IBFX = yea, InterbankFX , Is just a big piece of bucket shxt. been few days never hav any trades with MD, and