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Saturday, July 11, 2009

The Forex Megadroid Review You Need

By Aaron Roberts

Forex Megadroid Review

This Megadroid review looks at the expert advisor program that says it's seeing into the immediate future with an astonishing 95% accuracy. Artificial intelligence is one thing - but reliably predicting the future is really another. So how does the program measure up in practice? And can it really forecast the ups and downs of the currency markets?

How This Thing Works

This forex software has taken well over 30 years to develop and was finally been launched in early 2009. It uses a sort of market adaptive intelligence to make it flexible enough in achieving a very high rate of accuracy in a turbulent market setting.

The criticism thrown at most automated forex software by many traders is that the robots can only make money if the markets are consistent. The old style of robot that was based on inflexible rules was not able to cope with major changes in the patterns of market fluctuations.

However, the new market adapting intelligence, as you might guess from the name, allows a new generation of forex robots to learn from these changing patterns so that they can adapt to a certain amount of inconsistency in the markets and refine their trading rules to fit. This gives your funds a much better chance of surviving when things become more than usually volatile.

Of course were not talking about longer-term predictions here. Megadroid attempts to see market movements only 2 to 4 hours ahead of time.

How about the results

These are still the early days, and the software has only been out for six weeks, but the reports from traders on foreign currency exchange trading for alms seem to be very very good. People are reporting that they're seeing 90% or higher successful trades.

The software needs to win on five trades for every loss, so a ratio of 90% would really make for good profits. Remember though this doesn't mean that your first five trades would necessarily be winners. You could have several losses at the beginning which would eat into your trading capital. The more experienced currency traders know this and realize that it's part of the game.

Some users have reported an amazing 10% to 20% increase on their life accounts over a 30 day period which is indeed a very amazing track record.

Any Disadvantages?

Some people reported that the software didn't make as many trades as they would've liked at first. People were only seeing three or four trades a week. That meant that they would have to have put in larger amounts of money to earn more cash more quickly.

But maybe a more long-term approach would be better here. If only the software could teach beginning currency traders some patience that could be good for everyone.

Anyhow, the most recent version seems to have addressed that particular issue with 10 or more trades per week being reported. - 23221

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