Forex MegaDroid Robot Test Results: -$793.90 (-7.9%)
No trades for Forex MegaDroid today. I’m only going to test this for about another week. It would be nice to see some more trades.
Forex MegaDroid Forex Robot placed 0 trades throughout the past day:
- Winning Trades: 0 (+$0.00)
- Losing Trades: 0 (-$0.00)
- Today’s LOSS = -$0.00
Forex MegaDroid Forex Robot is down 7.9% overall in 32 days of trading.
Forex MegaDroid Forex Robot Summary Results (32 Days):
- Profit Trades: 6 (85.71%)
- Loss Trades: 1 (14.29%)
- Total Net Profit: -$793.90 (-7.9%)
Here is the latest live trading forward testing statement for Forex MegaDroid:
We are going to extend the forex megadroid testing for another week or two, just to see if we can get any more trades from it.
If you have Forex MegaDroid, feel free to comment on your experiences with it.
Good Trading and be smart out there,
The Forex Robot Busters Team
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There is something very weird about the numbers you show here.
Just bye comparing the last winning trade and the one losing trade, I am forced to ask:
How is it that a lot of 1.06 that won 5 pips for a total profit of $116 ($23 per pip?) and then a lot of 1.07 which lost 13 pips had lost a value of $1433? (more than $100 per pip???)
Something doesn’t add up with these numbers.
Am I calculating this wrong? Is there something I missed?
If this was a 13 pips loss at $23 a pip, that means you’re still at an overall profit. So how did the numbers get skewed like that?
Yes. The last trade was a loss of 134 pips. So each of the profitable trades looks like Forex MegaDroid is targeting just 10 pips each. But what gets me is that the stop losses set by Forex MegaDroid range from 30 pips to 150 pips. Unless the stoploss had been moved as it moved into the profit range, but I don’t think so. Why would the stop loss be so variable? And more to the point, why would Forex MegaDroid allow a 134 pip stop loss on a potential 10 pip profit trade?
I think I’m about to call it quits for Forex MegaDroid. It just doesn’t trade very often and it looks like the drawdown is horrible.
ok, I think I missed the fact this was 4 digits and not 5 digits.
I want you to know that I appreciate everything that you do to show the performance of forex robots, but It seems that you are somewhat anti-robot… Which is fine, but all of your links to the robots you test on your site aren’t direct links… they are links so you are compensated by these sites if someone buys through your link. Seems a bit phony.
I wouldn’t say I’m anti-robot, I’m anti-robot scams. I haven’t found one that works yet, and I hate when programmers prey on unsuspecting buyers with junk promising untold riches. So I decided to create a site that gives HONEST test results to Forex Robots, such as Forex MegaDroid.
Yes, I post links as an affiliate, so I will make a few bucks IF somebody decides to buy one. But I buy these robots and do all this testing and run this website free of membership fees. IF somebody decides to buy a Forex robot through one of my links, is it wrong for me to get a little something in return for all my effort?
I’m not sure how you consider that phony, since I don’t hide it, or promote junk that doesn’t work. A full explanation can be found in the FAQs.
Thanks for writing!
Great explanation… This is why I check your site everyday. Keep up the great work!