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Sunday, January 31, 2010

Forex Megadroid Review - Four Factors That Greatly Contribute To The Popularity Of Forex Megadroid

By John Adams

Forex traders who are enjoying the benefits of foreign exchange trading may also be aware of all the risks that are involved in this industry. Some of them are simply using a tool that will help them automate their trading campaign and enhance the results of their trades. Trading robots like Forex Megadroid gives the traders both time and money, while dramatically decreasing the tasks they need to do in order to be successful in this field. When it was first released in the market, Forex Megadroid created a continuous wave of positive feedbacks from its users. And until now, almost a year after its official release, it is still being patronized by a lot of Forex traders. This article will discuss the features offered by Megadroid and the probable reasons why it is very popular among Forex traders.

Reverse Correlated Time and Price Analysis or RCTPA This is a huge database inside the Megadroid that grows every time you use the robot. This is made of data that were collected in the past trades. When a similar trend occurs, the robot refers to these data and formulates a strategy by using these data. This feature also allows Forex Megadroid to learn from its mistakes and prevents the robot from doing the same mistake twice.

If you search the Internet you will find hundreds of trading robots being sold today which is why it is very important that a trader chooses the program carefully and be able to enjoy the benefits of having a Forex trading robot. Evil people from everywhere are taking advantage of the need for this kind of product and sells inferior products with the sole intention of sucking the hard earned money of Forex traders. Often times, the buyer will not be aware of this scam until they became victims of these people and have spent a huge amount of money. That is the reason why most professional traders that use Forex Megadroid often suggest this product to amateur traders. According to them it is the best investment you can make in your entire Forex trading career.

Forex Megadroid Tactics - What Is This? The long and short of it is this. Megadroid has a setting that will only trade on one chart, Ben has worked out settings for it to work on 3-4 open charts (depending on one's risk) that will allow many more trading opportunities with some slight tweaks he has back tested. What does this mean?

Mentioned earlier was that fact that there are more charts and more trades providing better returns. Method 1: 149 trades, 605 pips earned, 93% strike rate with a 140% return Method 2: 149-195 trades, 600-1100 pips earned, 93%+ - 23199

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