Since the successes of the FAPTurbo, there have been many scalping robots released into the market that are little more than cheap copies. The majority of them don’t have the track record of successfully profitable trades and this has led people to avoiding them, believing they were rip-offs. Unfortunately the Forex Megadroid was released at a similar point in time and people instantly assumed it was just another knock-off robot. The truth is there is a lot more substance behind the Forex Megadroid robot than meets the eye.
What makes the Forex Megadroid stand out from the rest? Forex Megadroid is an expert advisor that integrates easily with any MetaTrader 4 trading account. This means you’re able to choose your options when it comes to brokers.
Many traders that use FAPTurbo have also found that Megadroid is a nice complement to their trading strategy. Megadroid trades a different pair than FAPTurbo, so it gives you more opportunity to trade. The spreads on the EUR/USD are usually pretty reasonable at that time, so you shouldn’t have any problem getting trades.
This robot is a little more accurate than FAPTurbo or any other robot for that matter. It picks entry points that are a little more accurate than others. It also has a little bit different trading strategy than other EA’s out there. It doesn’t trade as often as FAPTurbo, but it usually gets bigger profits per trade. For example, you might be getting several $5 and $6 winners out of FAPTurbo, but you can expect some $25 and $30 or more winners out of Megadroid. It just won’t trade as often. You will get two trades at the most per day and sometimes one or none.
The major difference is that it places noticeably fewer trades, but the win percentage is also reported quite a lot higher too. At a reported 95% trading win percentage this is quite an impressive robot.
One of the minor differences with the Forex Megadroid is that it doesn’t offer the same level of customization that the FAPTurbo can offer, however this can make it much easier to use for novice traders. The robot makes your trading strategy very simple. You just input the amount you’re willing to risk with each trade and the robot will factor in your risk tolerance levels with each trade placed, including stop-loss trades.
It is extremely easy to set up, as you just download it into your MetaTrader and then attach it to the appropriate chart. If you’ve never done anything with forex before, you could follow the guide that comes with it and be up and running in a few minutes.
In conclusion, the Forex Megadroid can be an amazingly effective robot that will help you generate solid profits. There are distinct similarities to the FAPTurbo, but this robot is considerably more accurate in picking entry points. While the amount of trades entered might seem lower, the consistently higher accuracy of trades picked makes this robot an ideal choice for anyone wanting to succeed with forex trading.
Want to try an automated forex trading system? It works absolutely fantastic and can make you lots of money in a short time. Check out this forex trading software here and even a little money can turn into a lot!
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