Forex Megadroid Review

This Forex Megadroid review is an in depth assessment of the new expert forex trading software that claims to see into the immediate future with a prediction accuracy of more than 95%. The claims are tall and I will tell you in this review if this technique can actually foretell the near term changes in forex markets and how the software performs in reality.

How it Functions

John Grace and Albert Perrie, the masterminds behind the software have combined their experience of 38 years in the field of foreign exchange markets to create Forex Megadroid. The software, which was launched in spring 2009, is based on 'market adapting intelligence' technology. The technology is said to eliminate the inflexibility of forex market predictor systems and makes more accurate forecasts by learning from the changes in the markets.

A common problem with almost all automated forex softwares is their inability to cope with major fluctuations in the market. Such automated programs can help traders accumulate gains only if there is consistency in the market, as these are based on pre-defined rules, which do not evolve with the markets.

The new market adapting intelligence technology is based on the principle of adapting to change by learning from recent trends. The new generation robots developed using this technology implement constantly evolving rules governed by the changes in the forex markets. This gives additional security to your investments in times of high volatility in the market.

Forex Megadroid's 'reverse correlated time and price analysis' serves the purpose of predicting short term movements in market, relevant only for 2-4 hours.

Effectiveness

Despite being in its early stages of use, this system has received positive reviews from a number of users on the foreign exchange trading forums. People have reported over 90% winning trades, even though it has been less than two months since it was released.

90% success rate does not always mean nine wins and one loss. There can be two or more losses in succession too, which can in fact dampen spirits and drive away the beginners. However, the experienced traders understand that it’s all part of the game. On an average, the software needs to win at least five trades against one loss to ensure that a 90% success rate will make healthy profits for you.

Percentage gains in the range of 10-20% have been reported on several live accounts, a clear indicator of success of this software.

Bad Points

In the beginning, the system did not make more than 3 to 4 trades in a week, which left some people dissatisfied as they were looking for quick gains from the software. This slow pace of trading meant that people would have had to take risks on bigger investments if they wanted to make lots of money in relatively less time.

If we look at it from the markets perspective, the gradual pace is actually a good strategy to make money safely and wisely. A steady approach can provide better results in the long term. So, if you are a beginner, have patience and let the robot decide trading moves for you at its own pace.

However, the long delays between trades has become less of a problem with the release of version 1.1, which has increased the number of trades to 10-12 per week.

Product Price

Considering the research and development efforts that have resulted in this powerful product, a price of $97 seems to be quite a bargain in my opinion. I expected the price of the software to be at least more than that of other good forex systems, but surprisingly it is not. However, if you still think that the price is high, let me tell you that the amount of gains that you stand to make from the software makes the product worth much more than it price.

Money Back Guarantee

With a 100% refund guarantee within 60 days of use, which you can actually get from the vendor Clickbank itself, the product does not ask you to risk anything.

Forex Megadroid Review Conclusion- Five Star Rating

Automated forex software technology has taken a big evolutionary leap with this new product. With the highest success rate among the forex softwares using a similar approach, Megadroid has proved itself to be the best of the lot. Since it also gives you an opportunity to test it out for two months before deciding whether to keep using it or not, it is practically risk-free. This one is certainly a good buy.