Since it first launched there has been more than one Forex Megadroid robot review that has declared this trading robot as one of the most successful robots available to Forex traders. At launch its creators claimed a 95.82% level of accuracy and many traders have seen it deliver on this claim. The developers drew upon over 38 years of experience in the Forex markets. This experience they used to develop the strategy employed by the Forex Megadroid robot.
Before we take a close look at Megadroid we should of course highlight that the Forex Megadroid robot is just one of many robots available on the market to the Forex trader. While Megadroid will be suited to most traders it may not be suitable for everyone. Before buying any trading system you should always ensure that the strategy aligns itself with your trading approach.
Forex Megadroid makes use of a unique patented technology that the makers call RCTPA. This stands for Reverse Correlated Time Price Analysis. The technology is claimed to empower the robot with the ability actively study past market conditions. By monitoring past movements in the market it is said to be able to more accurately forecast future market moves. The robot is therefore said to be capable of ‘learning’ over time. The idea here is that the more the robot learns, the more accurately it will be able to time entry and exit points for future trades. The end result of course is that the robots accuracy should increase over time.
As with all robots, the Forex Megadroid robot is simply left to run on your account. While running, no intervention is required from the Trader. The manufacturers intend for the robot to be run 24 hours a day as a trade can be opened at any time during this period. Some Forex Megadroid robot reviews have noted that this is not entirely necessary. The robot tends to trade mostly in the Asian session. Nothing special is required here however, other than a basic pc with an internet connection.
However what really makes this robot stand above its peers is that it is so easy to use. The Forex Megadroid settings are simple and fully covered in the instruction guide provided. The software is well thought out and has been developed to make it usable straight out of the box. The manufacturer’s pledge of a five minute setup process is about right. You simply install the indicator and add the few settings that are outlined and you are then up and running! The easy setup of Forex Megadroid means that it is ideally suited to newer or less experienced traders looking to add another profitable dimension to their Forex trading.
Forex Megadroid continues to prove popular among Forex traders and this is confirmed in more than one Forex Megadroid robot review. This is not only because it is simple to understand but more importantly it has the ability to deliver results. With a 95.82% accuracy which has been consistent since its launch, Forex Megadroid is one of the few trading robots that really can add a new profitable dimension to your trading.