One of the biggest attractions of Forex Megadroid for traders has been the Forex Megadroids configuration settings. This largely because very few actually exist, making robot very simple to deploy. Many trading robots are simply filled with too many settings. This will often end in the trader spending days experitmenting and tweaking these in order to find optimal settings which allow them to profit from the robot.
This actually poses two problems. Firstly the amount of time the trader needs to spend setting up the system. If you are buying a system based on a performance record shouldn't it just be a case of using it with the supplied settings? Secondly the time spent altering robot settings can hit your Forex trading results if you are trading a live account.
Forex Megadroid stands out from the usual selection of automated robots available to Forex traders because of this. Even though the simple installation is welcome, it is the performance of this robot that really makes it stand out.
Megadroid is billed as having over a 95.82% accuracy in the the trades taken. This is quite a bold claim but one that is born out by many Forex Megadroid robot reviews. These figures are based on the standard ‘out of the box' settings as supplied in the system manual.
Although the the supplied Forex Megadroid settings work well at default many traders have been disappointed by the limited number of trades it takes. The robot uses its RCTPA (Reverse Correlated Time Price Analysis) to good effect although many would like to see this happen on a more regular basis.
The issue here is that Forex Megadroid has limited settings on offer to alter the robots behaviour and is restricted to only trading the EURUSD. So without rewriting the code is it possible to get Megadroid trading more frequently?
The answer to this is yes there is. It's actually very simple and makes use of Megadroids narrow trading window. Unlike some attempts to alerter the trading fundamentals of Megadroid in recent times, this does not require any new software or additional versions. In fact it requires hardly any change to the Forex Megadroid settings at all.
The question here is as to whether you want to take the risk of interfering with default settings of probably the best performing robot there is? From the evidence on the results available it is probably a case of just leaving Forex Megadroid at default and to let it do what it does best.
This actually poses two problems. Firstly the amount of time the trader needs to spend setting up the system. If you are buying a system based on a performance record shouldn't it just be a case of using it with the supplied settings? Secondly the time spent altering robot settings can hit your Forex trading results if you are trading a live account.
Forex Megadroid stands out from the usual selection of automated robots available to Forex traders because of this. Even though the simple installation is welcome, it is the performance of this robot that really makes it stand out.
Megadroid is billed as having over a 95.82% accuracy in the the trades taken. This is quite a bold claim but one that is born out by many Forex Megadroid robot reviews. These figures are based on the standard ‘out of the box' settings as supplied in the system manual.
Although the the supplied Forex Megadroid settings work well at default many traders have been disappointed by the limited number of trades it takes. The robot uses its RCTPA (Reverse Correlated Time Price Analysis) to good effect although many would like to see this happen on a more regular basis.
The issue here is that Forex Megadroid has limited settings on offer to alter the robots behaviour and is restricted to only trading the EURUSD. So without rewriting the code is it possible to get Megadroid trading more frequently?
The answer to this is yes there is. It's actually very simple and makes use of Megadroids narrow trading window. Unlike some attempts to alerter the trading fundamentals of Megadroid in recent times, this does not require any new software or additional versions. In fact it requires hardly any change to the Forex Megadroid settings at all.
The question here is as to whether you want to take the risk of interfering with default settings of probably the best performing robot there is? From the evidence on the results available it is probably a case of just leaving Forex Megadroid at default and to let it do what it does best.
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