General Product Information      Website: Forex-Megadroid.com Software: Forex Megadroid Year: 2009 Languages: English Only Win Ratio: 95.74% Drawdown: 1-20.28% Price: 97$

This expert advisor trades the Euro Dollar pair during the H1 timeframe.

The Forex MegaDroid Expert Advisor hit the market in April 2009 creating a huge amount of excitement amongst many Forex traders. The first traders who used it claimed it to be pure artificial intelligence. This Expert Advisor trades the EURUSD from 21:00GMT to 23:00 GMT. During this period the EURUSD is relatively non-volatile since the U.S. and European markets are no longer open for trading. It will attempt to identify a quiet time frame and scalp 10 pips on average.

Since the end of 2007 traders widely used Expert Advisors that scalped the EUR GBP pair during the Asian market hours. Using different types of strategies these Expert Advisors profited from the consistent correlation between the EUR\GBP pair. Recently traders using these Expert Advisors have an encountered larger and larger spreads from their brokers. The market crisis of made the spread even wider - it has now become nearly impossible to trade the Euro Pound pair with these Expert Advisors. Forex brokers providing low spreads for this pair are getting harder to find by the minute.

This is where Forex Megadroid steps it. It trades the Euro Dollar pair during the relatively quiet market hours. Spreads during these hours for this pair are still relatively low (approximately 2). The combination of the artificially intelligence based Expert Advisor with low market spreads is bringing in magnificent results on our live accounts.

We have seen a 90%+ win ratio since April 2009 on our live account and the backtests also proved to be profitable.The only setback we encountered is that it doesn't trade frequently (1-2 trades a day). We don't really consider it to be a problem since we have seen it make 30+ consecutive winning trades. As long as its winning we don't mind making only 10-15 trades a week.

It seems that if Forex Megadroid's Expert Advisor identifies a problematic market in which it won't be able to make winning trades then it avoids them. This means that on rare occasions it will go a couple of days without making a single trade - so don't be alarmed if this happens to you.

Overall, taking into consideration today's market conditions (low spreads for the EUR\USD) we find this Expert Advisor to be worthy of our top ten Forex Expert Advisor list.

Just in case we didn't mention - this Expert Advisor comes with a 60-day money back guarantee backed by ClickBank!

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