Nov 15 2009
This article is someone of a series which looks at the recompense and weaknesses of trading utilizing the hedged,
forex megadroid bonus trading technique to buy and sell volatile markets.
We will glimpse at how legal tender can be made by breaking a number of buying and selling truths or philosophy; * cut your fatalities and let your profit run and * there is zero to be gained by incoming into trade deals all together.
The hedged web trading routine uses the standard that one must be able to legal tender in at a gain no matter which way the market moves. No stops are as a result essential at all. The simply way this is sensibly potential is that one would have a exchange active all at once. Most people who trade will declare that that is trading suicide but let’s take some time to peek at this more directly.
Let’s declare that a buyer enters the market with a trade active when a currency is at a height of utter a hundred. The cost then moves to 200. The buy will then be positive by a hundred and the sell will be negative by a hundred. At this time we start breaking buying and selling rules. We exchange in our positive buy and the grow of a hundred goes to our tab. The sell is now carrying a shortfall of -a hundred.
The
forex rebellion review system requires someone to construct sure that exchange in on any movement in the market. To do this one would again enter into a buy and a sell transaction. Now, for handiness, let’s presume that the charge moves back to level 100.
The subsequent sell has now gone positive by a hundred and the second buy is carrying a shortfall of -100. According to the rules someone would currency the sell in and another a hundred will be added to your financial credit. That brings the total cashed in at this point to 200.
Now the first sell that remained in force has moved from level 200 where it was -100 to level a hundred where it is at this time breaking even.
The 4 transactions added together now magically show a increase:- 1st buy cashed in +100, 2nd sell cashed in +100, 1st sell now breaking even and the 2nd buy is -100. This gives an overall a gain of 100 in total. We can liquidate all the transactions and have some sparkling wine.
There are countless, lots of other market actions that turn this outlandish “trade all together” activity into gains. These will be covered in forthcoming articles and are covered in a buying and selling course which is available at the
ivy bot website for those people who trade whose curiosity has been aroused.
Jul 13 2009
An expert adviser called MegaDroid was released recently. The developers claim that it has 96% success rate. In this article I would like to give some overview of this EA as well as my own trading results with it.I personally tried this EA and here is my
review of Forex MegaDroid.
What's the Logic Behind MegaDroid
As you may know many trading robots are profitable while they are new. When market conditions start changing those EAs start losing money. People who programmed MegaDroid claim that the logic behind it based on so called "market adapting intelligence". So that's what we are going to see in the future if this EA adapts to changing market conditions.
As we can see from this fancy name of algorithm it should help this EA to adapt to changing market conditions. Another interesting feature of this robot is that it predicts the nearest future price action in the next 2-4 hours. This algorithm they call "reverse correlated time and price analysis" (RCTPA).
Overview
Its one of the successful commercially available EAs. By successful I mean it has the potential to bring profit consistently in Forex trading.
Positives
Many trades of high probability
For more than a month of testing this EA it have not yet made a single losing trade. All of them were profitable.
Built in money management system
There is an option that allows you to set the automatic position sizing according to our chosen risk level or set fixed position size.
Hides S/L and T/P levels from your broker
In Stealth mode MegaDroid does not set the stop loss and take profit levels. It keeps watching the market. You as a trader need to keep watching the connection of your terminal to the server.
Negative Sides of MegaDroid
A big flaw if you want to call it is that MegaDroid doesn't trade very often. Since high success rate means waiting for perfect setup to occur in the market. It also depends on brokers. On my account it averages 1 trade per week.
Price
You need to pay $97 to get MegaDroid. Is it expensive or not. For something simple like Metatrader's piece of code it may seem high. In my opinion if it will continue to make profit at the rate it makes now it well worth the price.
My Trading Results
I'm using this EA and here is my
MegaDroid demo results. At the time of writing this article MegaDroid is running on my account. As I mentioned before it made on average 1 trade a week. It made $160 on $5000 account which is 3% return. In my opinion for a completely hands off, automated trading it's not a bad result.
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