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Author Topic: MegaDroid...  (Read 709149 times)

Offline donnaforex

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Re: MegaDroid...
« Reply #5100 on: December 15, 2016, 03:44:07 PM »
Really nice results!! Might have to lookup Megadroid again :)
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Offline Trade It Easy

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Re: MegaDroid...
« Reply #5101 on: December 21, 2016, 05:54:21 PM »
Yes I recommend using it again Donna :-) it's had a few more trades since and a loss which was fairly quickly recovered. The account is now up to 504.16 as of today 21/12/16. That's a 68.05% increase. Most of which is since October onward.

I'll keep you posted.

Merry Christmas Donna and to all!
Verified FX Megadroid stats: https://www.myfxbook.com/members/theforexbloke/advanced-megadroid-setup/1932741

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning".<br><br>I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline FapturboMIKE

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Re: MegaDroid...
« Reply #5102 on: December 21, 2016, 11:24:06 PM »
Wow 341 pages and still excellent.. Like a good wine it gets better with age.. I told megadroid dev guys about this topic, maybe they will come by to talk about the system and updates in future.

I really hope 2017 will bring the FOREX BACK!

Offline Trade It Easy

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Re: MegaDroid...
« Reply #5103 on: December 22, 2016, 11:07:25 PM »
FapTurbo Mike!

I'm sure it was you who came up with the scalping method on FapT on eurchf 3 pip TP with 120 pip SL. I used it for quite some time. It seemed at one time the only strat that worked.

If it wasn't you who came up with it I definitely remember you on this forum. My name used to be Autotrader. I change it from time to time. I may change it back to the original just for laughs and good old times.

Great to see you back FapT Mike!

I agree 2017 is now time for Forex again. I only dabble in Binary. MD is the only bot I use atm.
Verified FX Megadroid stats: https://www.myfxbook.com/members/theforexbloke/advanced-megadroid-setup/1932741

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning".<br><br>I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline Earleone

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Re: MegaDroid...
« Reply #5104 on: December 22, 2016, 11:55:50 PM »
Hi Earleone,
Been working away last couple of days. Went to Manchester airport yesterday.
Yeah some losers take months sometimes many to recover the loss.
It does keep fighting on. I like that the guy at megadroidresults.com has kept his records to this date.
I have Remote Safety ON. The conditions on the other charts especially MD +2 seem to trigger more trades.
I get the least Trades on Standard MD and MD+1.
From today I have setup 1 more chart which is standard MD set to 0.01 lots. Runnung it to compare to remote safety ON.
Course this week there will be no trades on any other chart as they have stopped trading for good reason.
The world will be in disbelief for some time with Trumpy babes in power.
Trump has a very apt name. He is literally a bad smell that's hard to get rid of  ;D
Are you running any other systems or trading manually these days?

Hi, I did not see this one before today :) . .

Nice results you have. But how is risk when you run on several charts. Risk stack up to. I run with around 10% that is much to much . But only one chart.

For Expert advisors I only run Megadroid + a self developed Scalping EA .  Mostly manual trading in Forex and commodities the last years.

Offline Trade It Easy

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Re: MegaDroid...
« Reply #5105 on: December 23, 2016, 01:52:40 PM »
Hi Earlone,

You will find my risk much too much too much times 3 then lol.

I was running them all on very very high risk. I have taken it down now.

My most active chart I use the default 0.2 risk which I presume is 20%.

On the standard chart and other 2 I run a 0.3 risk which I presume is 30%.

I know that Richard over at megadroidresults.com runs a fairly high risk with fixed lots and he has never had a blown up account yet since MD came out.

At 0.2 it has never blown up. I will monitor my charts closely.

I decided to stick to the risk factor setting rather than fixed lots as I found some days I would have 3 trades over 2 separate charts meaning if the price went in the opposite direction my losses would be too big. Because I use the % risk it means any trades that open after an already open trade will be a % of available margin rather than the same size as the 1st trade.

So far it has worked out well however it is very common with MD to have long runs of profits.

I think after xmas you will be safe to leave it on default settings 0.2 RMS ON Advanced strat ON and let it trade away. I leave mine running on a forex vps.

For the xmas period I have halved my risk and on one chart I have set it to trade at 1/3 of the risk. I am happy for MD to keep trading over this period if it finds an opportunity.

Great to see you have settled on an EA and manual trading. I am only profitable with MD. I am not manual trading at the moment except for literally about 10 trades this year which were micro lots and mainly to test the waters. Most of my money goes into a portfolio of long term investments.

If MD continues to perform and I settle on a risk level I will diversify money in to that too.

How is your trading going generally?

NOTE TO EVERYONE CHRISTMAS IS A GOOD TIME OF THE YEAR TO TURN OFF YOUR EAs OR CONSIDERABLY LOWER YOUR RISK
« Last Edit: December 23, 2016, 02:05:43 PM by Trade It Easy »
Verified FX Megadroid stats: https://www.myfxbook.com/members/theforexbloke/advanced-megadroid-setup/1932741

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning".<br><br>I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline forexfish

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Re: MegaDroid...
« Reply #5106 on: December 23, 2016, 07:51:03 PM »

I think I was getting good results and then once day it made significant loss and then I turned off and never set up again but I think I will set up with low risk some point in January, dont need to run scalper in these days when spread and spikes can be high due to low volatility.



Offline Earleone

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Re: MegaDroid...
« Reply #5107 on: December 24, 2016, 12:15:33 AM »
Hi Earlone,
You will find my risk much too much too much times 3 then lol.
.......
Great to see you have settled on an EA and manual trading. I am only profitable with MD. I am not manual trading at the moment except for literally about 10 trades this year which were micro lots and mainly to test the waters. Most of my money goes into a portfolio of long term investments.
If MD continues to perform and I settle on a risk level I will diversify money in to that too.
How is your trading going generally?
NOTE TO EVERYONE CHRISTMAS IS A GOOD TIME OF THE YEAR TO TURN OFF YOUR EAs OR CONSIDERABLY LOWER YOUR RISK
Sounds like a good plan to reduce risk. When the losses hit in Megadroid they hit hard and then you will be very satisfied with reduced risk and account that survive. Good  that it historical has been long time between the losers. 

My manual trading in general has been ok in 2016, was great until November ;) . Got hit qte hard in exotics with to much exposure during US election . Nothing critical but a good expensive  lesson that was putting me back some months. It happens , will happen again . I try to do sane trading ( the opposite to insane ;) ) So I do the same over and over and expect the same outcome.  No specific  system. Trading with the fundamentals when technical line up and with good money management and on higher TF. No scalping and very little intraday trading.

Offline Trade It Easy

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Re: MegaDroid...
« Reply #5108 on: January 10, 2017, 08:41:17 PM »
Earlone yeah sounds like you managed to get out of it. It is tough when things are going swimmingly then it's a U turn. I used to think I forgot how to trade when it happened.

I decided to stop when I felt that feeling. It did result in stopping trading for a long time.

I have opened a new sub account with Oanda on the V20 trading system. It's meant to have faster executions than the standard "legacy" systems.

I have decided to boost the account with 600 so the total at the moment is 1225. I will publish the account on an mt4 stats site soon.

It will be interesting to see how the results go. I may lower the risk again or open another account to split the chart setups as they do sometimes overlap which could end badly if they lost at the same time.

I would like to get back in to manual trading. I am considering longer term trading. I used to day trade however never found long term consistency.
Verified FX Megadroid stats: https://www.myfxbook.com/members/theforexbloke/advanced-megadroid-setup/1932741

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning".<br><br>I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline Trade It Easy

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Re: MegaDroid...
« Reply #5109 on: January 11, 2017, 08:23:31 AM »
I don't know if anyone else has this concern. I noticed MD with its (newish) dollar averaging mode it opens up to 4 trades of the same size sometimes more. This could be a little scary if the markets moved quickly against us. I have yet to run into any problems and will see if the stops tighten when it does open more trades as it's max % risk setting is set to whatever the users risk appetite is.

Other than that I am happy with the way MD trades so far and will keep you all updated.

I know MD has been around for a while and isn't the most exciting bot in the world so there may be long gaps in posts from time to time. I will do my utmost to revive it!  ;D
Verified FX Megadroid stats: https://www.myfxbook.com/members/theforexbloke/advanced-megadroid-setup/1932741

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning".<br><br>I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

Offline Ruairi OPleurisy

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Re: MegaDroid...
« Reply #5110 on: January 11, 2017, 05:21:02 PM »
Jeez,

I have this one as well gathering dust in the cupboard along with many more that I care not to remember.  Fair play if it's still working today.  I gave up after some losses as it seemed one step forward and then two steps back.

I just visited the website and the pics of the two nice actor chaps have sadly disappeared.  Good to see though that they have still "Settled the score".  And also that the good ole RCTPA Technology is still locked in place with its laser accuracy.  Results only seem to go up to 2012 now though.

That marketing is seriously heavy.  Incredibly like the Fap Turbo site.  In fact, FT Mike was on this thread saying he would get the MD developers to drop by.  Maybe they developed the Turbo as well.  Halcyon days for the boys as those two products certainly sold well and must have made an absolute mint.

Oh dear, I feel a little faint now and need to go lie down after refamiliarising myself with that marketing clap trap.

Offline Trade It Easy

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Re: MegaDroid...
« Reply #5111 on: January 13, 2017, 12:00:20 AM »
Haha yeah I know exactly what you mean! Sooooooooo much hype!

Yeah I think that their results are mostly made up however MD seems to still trade and make a profit for some.

I am giving it a go on multiple charts even if it ends in my detriment which is very possible. Willing to take the risk.

The hardest part I have found is setting the risk. I noticed the more I invest the lesser the risk I want to take. Try to imagine if I am going to set and forget what risk factor i'd be willing to set it at.

Fapturbo was so funny. I fell for a lot of that hype in the day. The hype is still around for all kinds of systems  ;D
Verified FX Megadroid stats: https://www.myfxbook.com/members/theforexbloke/advanced-megadroid-setup/1932741

Work hard from the ground up. I make money from trading however it hasn't always been that way. I lost before I started "winning".<br><br>I made and make my money from my business which is casino hire ie hiring out casino tables in and around Nottingham UK. To see what I do go to: http://www.winwincasinohire.co.uk

 

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