| Forex Megadroid and FAP Turbo have definitely | | | | Neg-Correlation-USDCHF, Trendy, and CobaltFX. A |
| earned their places as the robots of choice for many, | | | | few of these names may very well become Forex |
| many traders. Their ability to profit is demonstrated, | | | | portfolio members in the future. The top performer in |
| and their user friendly aspects make them good | | | | the current competition will win $100,000. Why? The |
| assistants for novice to experienced traders. But will | | | | competition organizers wanted to motivate EA |
| they have to move over and make room for a newly | | | | developers around the world to create a new |
| developed crop of Expert Advisors? | | | | intellectual property standard in automated Forex |
| If you have yet to learn about the New Forex Robot | | | | robots. |
| World Cup, you might be very interested to visit their | | | | You can see that these folks have the same kind of |
| website and see what is happening. The competition | | | | energy and drive to produce excellence that the |
| was established to create a professional automated | | | | Megadroid and FAP developers have. All of this |
| Forex trading competition with the goal of discover the | | | | focused energy on producing superb results will yield |
| world's best functioning Forex Expert Advisor (EA) | | | | an amazing amount of new technology, and perhaps |
| robot in live market conditions. | | | | soon to be updated versions of Megadroid and FAP. |
| The competition was begun by a group of Forex | | | | One cannot know for certain, of course, but the |
| traders and system developers, with two main | | | | exciting thing is to watch all of these Forex changes |
| qualifications for participating EA robots. The EA | | | | unfold. |
| robots must be strong enough to withstand live Forex | | | | The top two competitors as of December 22, 2009 |
| trading, and they must be able to trade well over the | | | | are the LMD-Multicurrency and the HiRIDER. Both |
| long term. | | | | began with initial deposits of $1,000.00. Their |
| If you consider that currently popular Forex Megadroid | | | | drawdowns are 17.73% and 0.00% respectively. |
| and FAP Turbo meet the main qualifications of the | | | | LMD-Multicurrency has a net profit percentage of |
| competition, then, it follows that it would be of great | | | | 96.43% with a net profit of $964.33. HiRIDER has a |
| interest to compare their performances against that of | | | | net profit percentage of 28.02% with a net profit of |
| the non-commercial robots. Eventually, these | | | | $280.27. Of the two, the LMD-Multicurrency is showing |
| non-commercial robots may very well assume their | | | | similar profit winning abilities compared to both |
| positions side by side with Megadroid and the FAP as | | | | Megadroid and FAP, making it their biggest potential |
| fully commercial competitors. | | | | competitor should the new EA be marketed for sale |
| The current top ten ranking robots began competition | | | | soon. Only time will tell if that scenario actually occurs |
| on December 1, 2009. They are called | | | | of course, but isn't it interesting to know that such |
| LMD-Multicurrency, HiRIDER, VREM2, Nutcracker, | | | | developments are taking place? |
| SuperVolcano, Straasha-System, Simple, | | | | |