Forex MegaDroid is the latest forex market trading robot to hit the market. There are many automatic trading robots available for traders, and most of them haven’t lived up to all their hype. What trading robots offer is the ability to automatically place trades fast as the market develops into favorable conditions. Most robots decisions are black and white, meaning that when specific indicators are present the trade is placed. It is a very black and white situation for them.
The Forex Megadroid claims to be different. Developed by Albert Perrie and John Grace, the program uses artificial intelligence to make its trading decisions. With the process that they have developed the trading is more than a just a mechanical decision. They have incorporated artificial intelligence into the robot. This allows the program to make logical decisions.
Perrie and John Grace have almost 40 years of institutional trading experience between them. With their full time trading experience in the trenches the team has the knowledge of how the markets work and how to turn this information into profits. And they have spent the time and money to create an intelligent robot to implement the strategies.
The robot uses reverse correlated time price analysis (RCTPA) for making trading decisions. RCTPA is a more comprehensive and sophisticated trading decision program normally not available in trading programs this inexpensive. Because of the RCTPA analysis the program boasts a 95.82% accuracy rate.
On the Forex Megadroid website you can see the actual trading results from a live money account updated regularly. Over the past 3 months the Forex MegaDroid robot has produced a 300.20% net profit. That is 100% (account doubling) performance every single month.
Of course, this could all be hype. The only way to find out if the Forex Megadrod will perform as advertised is to put the robot to the test. There is a handy website you can use to check out the performance of the robot from an independent source, http://www.ForexMegaDroidReview.com. Steve and Dan are using the robot and giving weekly reports on their results. They have given honest reviews of other forex products and promise to do the same with the Forex Megadroid.