Home > Forex > Megadroid to the rescue, somewhat

Megadroid to the rescue, somewhat

July 14th, 2009

Well, at least it did very well on my accounts this  evening, night and morning. €18.52 profit at Alpari UK and $36.7 at Forex.com/UK during normal working hours. That doesn’t sound to impressive, but in addition to the automatic chart I run quite a few more as you know by now (using much lower risk settings). So total on Alpari UK was €73.7 and $92.5 on Forex.com/UK. That is almost about 9% profit, in one day.

I also trade in the afternoon with MD. Am I crazy? Well, it seems to work. I run a chart with GMT offset 14 (16 on Alpari UK with it’s GMT+2 timezone). Of course risk setting is low at 0.02.

One thing is still worrisome as MT4 regularly crashes with Forex.com/UK with MD running. I don’t know why, and it only seems to happen to my live account as MD is about to close a order. I’ve of course tried to re-install and talk to support (both at Forex.com/Uk and MD), but no one seems to have any ideas. I’m gonna try switching of the Stealth setting so that MD sets the correct T/P and S/L values. If/when it crashes at least the orders won’t drift off to far.

I am really excited about the new MD Pro that I hopefully have my hands on very soon. It is supposed to trade three pairs and look for scalping opportunities around the clock. Then I perhaps won’t need to run 12 charts of EURUSD anymore :D

Update:  Got six trades on the GMT 14 chart at Alpari UK and four on Forex.com/UK. All winners :)

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  1. Dan
    July 14th, 2009 at 21:03 | #1

    I just purchased FapTurbo Evolution with the MegaDroid Pro program provided for free this morning as well, and am stoked! If it trades nearly as well as it does now, plus around the clock and on THREE currencies…maybe it won’t be long until I can fund my own DukasCopy account. *grin*

    Factor in the new GridBot soon as well…woo!

  2. July 14th, 2009 at 23:48 | #2

    You already got the MD Pro Dan? I bought FAPT Evo today also, but haven’t gotten the extras as of yet. Running some backtests on Evo now. Won’t fund Dukas account for another week at least… Bought the Bridge also, hope it’s good :)

    Yeah, the new GridBot is supposed to be out “around” the 15th. So hopefully this week at least. I only have 10 days left on the refund period… Hopefully I won’t have to use that option.

  3. Dan
    July 16th, 2009 at 01:44 | #3

    Well, not yet…actually just jumped on your site to see if you made a post about receiving it prior to me e-mailing the MegaDroid team to see what’s going on…what can I say, between this and GridBot’s release, I’m pretty darned eager!

    However, I did setup FapTurbo Evolution today on a DukasCopy demo account. It’s been up for about an hour, and the only action thus far is a loss of about $58. I have high hopes for it though!

    I did buy the bridge as well, unfortunately, I will have to borrow the funds to get this baby rolling…but not until a couple weeks of demoing and familiarizing myself with the JFOREX platform. It’s all quite exciting!

    By the way, I spoke with BeamFX earlier this week, and they said that their hedging accounts should be available to join either Thursday or Friday of this week, and GridBot specified that they will not release until BeamFX was all straightened out. I guess if we deposit $1K with Beam and send a separate e-mail mentioning that we’re using GridBot, we’ll get some free money after 10 trades or so. Not a bad deal!

  4. Dan
    July 16th, 2009 at 02:03 | #4

    Ah, I take that back…whilst typing that message, I was e-mailed with my copy of MegaDroid Pro. Went to apply it to my MetaTrader 4 account, but it seems that I’m mid-trade with regular MD. Not a profitable one, but nothing worthy of closing quite yet. Gonna watch this one and see how it turns out…

  5. July 16th, 2009 at 09:04 | #5

    I’ve had the FAPT Evo demo running for two nights now and it has traded twice only (last night) and lost both for something like $100. Not too impressed yet…

    Great news about BeamFX and/or GridBot I think. They better release it soon… I’m getting a bit bummed out by the delays and absolutely no action in their forum.

  6. Dan
    July 17th, 2009 at 03:32 | #6

    Actually, I’ve been speaking in-depth with this fella James from BeamFX. Real helpful, their customer service is superb. I wanted to get a feel for who they are as a broker, and essentially he said that they make their money strictly off of their spreads, and that they had a bit of a delay with hedging, but that everything should be good to go by Friday/Saturday of this week. Their account minimums now have to be $1,000 as opposed to $200 due to the new broker that they are working with (FXCM I think?), but he said their spreads will still be tight and they’ll continue to have straight-through processing and no dealing desks.

    Grid is essentially waiting on BeamFX hedging and will release in conjunction with them. Just a couple more days! :)

  7. July 17th, 2009 at 08:03 | #7

    Okay, that is good. I already have a account at FXCM/UK thou (with 0.7 pips cashback). The real problem is that the minimum lot size is 0.1. I want the possibility to trade smaller on a $1000 account. Before I stopped using GB live I ran 0.05 lots on a €1000 account.

  8. July 27th, 2009 at 23:00 | #8

    Hey very nice blog!!

  9. July 31st, 2009 at 02:44 | #9

    found your site on del.icio.us today and really liked it.. i bookmarked it and will be back to check it out some more later ..

  1. March 14th, 2013 at 08:02 | #1
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