Reviewed on : 25th June 2010
EA Type: Scalping Trading System
Megadroid Pro edition is an add on to the popular Megadroid normal version. The pro version performs exactly like the normal version except for the fact that the pro version trades multi currency while the normal version only trades Eur/Usd pair.
Reviewed on : 15th May 2010
EA Type: Scalping System
With flooding of scalping EAs in the market right now, it is hard to discern the potential of an EA as many others are also claiming to be the best at what their EA can do. Only time will tell which EA can attest its true potential as a winner or just another flop. In this case for Forex Herd EA, it is easily affordable to most traders out there at $99 and having pass our first test from its backtest result being impressive. Although we did saw how Forex Herd perform quite well in their live account in their default settings during these past weeks especially with the problem in Europe, we need to test it ourselves to verify its credibility in forward testing and will therefore revise its rating.
Rating:
7/10
Reviewed on : 10th May 2010
EA Type: Scalping System
Forex Auto Scalper is a bonus EA we received from buying another vendor’s product via MegaDroid affiliate link. It is not for sale.
Low win rate, high drawdown and low ROI. You can find a better scalping system elsewhere.
4/10
Reviewed on : 10th May 2010
EA Type: Scalping System
Swissy Accu-Scalper EA is not for sale. According to Megadroid Creators, this ea is their private collection. This is a bonus EA which you will only receive when you buy EAs offers via their affiliate link. We got it when we purchase Steal Pips EA.
Performance from backtest results are promising and we believe results have been too over-optimistic. The backtest in 2005-06 provided a clue that they may be some coding errors or creators has manipulated backtest results to show good performance. We will keep our finger cross and await their response. Their support has not been helpful at times and users are expected to be patient when conversing with them.
6/10
Forex Robot Reviewed: 23th December 2009
Auto Forex Robot
Fractal 4 EA comprises of a scalping strategy and a channel breakout strategy. It trades a total of two strategies. When market is not volatile, Fractal 4 will employ the scalping strategy where it executes many trades with very small take profit levels. Where market is expected to be volatile, it will trade the channel breakout strategy.
We believe that the system manual should be improved to educate the system user on the various parameters. Several parameters should be introduced to cater for two trading strategies and money management should be simplified to make it easier for end users.
6/10
Updated on 1st January 2010
System trades with a very high accuracy. It makes very few trades and this suits beginning traders extremely well as they will not worry about losing trades and learn the basics before moving on to system that have frequent trades.
Recovery settings works very well with this strategy as it makes very high accuracy trades, doubling the risk after a losing trades tends to make back the loss faster. Time spent in a draw-down will be short.
7/10
Get Latest Auto Forex Reviews Sent to Your Inbox! Enter Your E-mail Now
Your E-mail is Protected By Our Privacy Policy
Follow US on Twitter