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January 2010 update : Read my full Forex Megadroid Review here.

I had some problems with the desktop pc I do my Forex trading on over the past few weeks, but this has been sorted out and I hope to start posting weekly updates again soon.  I’m still running my Forex Megadroid tests and so far the results are looking very good.

Since I started the Forex Megadroid robot it has performed 12 trades for a total profit of 115 pips. The success rate was 100% and all 12 trades were profitable, so their claims of a 95% success certainly does not seem false at this stage. Setting up Forex Megadroid is much easier than Fap Turbo, because things like the GMT Offset is detected automatically and there are no long list of parameters to worry about. All you need to do is specifiy your desired risk percentage and activate the robot. The stealth mode or “Anti Broker” mechanism appears to work as advertised and the robot also has an interesting “aggresive mode” setting that effectively doubles the lot sizes after a losing trade to ensure that losses are recovered quicker. I have yet to see how this works, because there has not been a single losing trade so far.

The Forex Megadroid system appears to be very careful in its selection of trades and normally only trades once per daybut never on Fridays or Sundays. So what you end up is roughly 4-5 trades per week, with about 10-15 pips of profit per trade. See the statement below for details of the trades that were performed so far. Please Note: I had a problem with my desktop for about 3 weeks, hence the gap in trading between 2009.04.08 and 2009.05.04: