| Many forex robots, software that trades on your | | | | with a reported obduracy of over 95%. |
| behalf in the forex markets, suffer from a number of | | | | Secondly, the robot is extremely user friendly and |
| shortcomings such as: | | | | takes only five minutes to install with the help of |
| - rigid preprogrammed assumptions that limit the | | | | detailed step by step guidance provided in the |
| flexibility and ability of the robot to trade in volatile | | | | instruction material. This is literally plug and play |
| markets | | | | software. |
| - Obsolete or inaccurate trading algorithms | | | | Thirdly, the broker issue is handled by letting the robot |
| - Complicated user interfaces and hopelessly | | | | operate in stealth mode. Brokers resent clients using |
| inadequate documentation | | | | robots because they feel that they are being deprived |
| - Poor after sales support | | | | of the opportunity to manipulate prices and spreads. |
| - Resistance from brokers who resent the use of | | | | They attempt to fix the odds and will even close |
| robots | | | | customer accounts. |
| Forex Megadroid has been developed by 2 veteran | | | | However, when Forex Megadroid is operating in |
| traders with nearly 40 years of trading experience | | | | stealth mode. It does not trade fixed hours or in |
| between them and unlike software developers, brings | | | | discernible patterns so that the broker does not realize |
| a deep understanding of market realities to the table. | | | | that you are using a robot to trade. They will also be |
| Let us see how they have tackled the shortcomings | | | | ignorant of your stop loss and take profit limits. |
| listed above. | | | | Fourthly. Forex Megadroid, despite the accuracy of its |
| Firstly, they have used artificial intelligence programming | | | | forecast, is a cautious trader and will only enter trades |
| and an innovative new method called RCTPA. | | | | when conditions are just right. A common complaint is |
| Reverse Correlated Time and Price Analysis..AI | | | | that the robot trades too little, with the implication that a |
| programming which mimics the human thought process | | | | higher investment is required for each deal. |
| and this new method have produced a robot that is | | | | However,this trading approach combined with the |
| capable of handling multi market operation as well as | | | | feedback that the robot seems to get 5 out of every |
| the problems of swiftly changing market trends. Forex | | | | 6 trades right seems a pretty potent combination for |
| Megadroid concentrates on the short term end of | | | | long term success. |
| trading and produces forecasts in the 2-4 hour range | | | | |