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Forex Megadroid live forward test
Trading style: Asian session scalping.
Currency pairs: EURUSD
Timeframe: H1
EA price: $67
License: 1 live account
NFA compliance: yes
Refund policy: 60 days
Read more at the Forex Megadroid website
Buy Forex Megadroid
Birt’s forward test
Settings: default; Stealth false, RiskLevel 0.05, RecoveryMode false
Started: 13.02.2012
Broker: PrivateFx
Account type: live, micro
Starting balance: $300
Current version: 1.40
Backtests
Megadroid v1.38 EURUSD 2007-2012 tick data backtest, real spread, default settings with RiskLevel 0.05 and RecoveryMode off
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 1 Hour (H1) 2007.03.30 16:01 - 2012.03.26 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Ver.1.38=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=77777773; S2_Reference=33333337; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=WhiteSmoke; TextColor2=LightGray; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.05; RecoveryMode=false; | ||||
| Bars in test | 31157 | Ticks modelled | 71124282 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 678.76 | Gross profit | 1577.38 | Gross loss | -898.61 |
| Profit factor | 1.76 | Expected payoff | 0.79 | ||
| Absolute drawdown | 10.65 | Maximal drawdown | 110.56 (27.65%) | Relative drawdown | 27.65% (110.56) |
| Total trades | 864 | Short positions (won %) | 446 (81.61%) | Long positions (won %) | 418 (94.98%) |
| Profit trades (% of total) | 761 (88.08%) | Loss trades (% of total) | 103 (11.92%) | ||
| Largest | profit trade | 6.90 | loss trade | -34.33 | |
| Average | profit trade | 2.07 | loss trade | -8.72 | |
| Maximum | consecutive wins (profit in money) | 55 (89.78) | consecutive losses (loss in money) | 4 (-36.90) | |
| Maximal | consecutive profit (count of wins) | 89.78 (55) | consecutive loss (count of losses) | -50.42 (2) | |
| Average | consecutive wins | 10 | consecutive losses | 1 | |
Megadroid v1.38 EURUSD 2007-2012 tick data backtest, real spread, default settings with RiskLevel 0.05 and RecoveryMode on
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 1 Hour (H1) 2007.03.30 16:01 - 2012.03.26 12:59 | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Ver.1.38=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=true; AutoServerGmtOffset=true; S1_Reference=77777773; S2_Reference=33333337; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=WhiteSmoke; TextColor2=LightGray; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.05; RecoveryMode=true; | ||||
| Bars in test | 31157 | Ticks modelled | 71124282 | Modelling quality | 99.00% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 300.00 | ||||
| Total net profit | 1312.85 | Gross profit | 2976.33 | Gross loss | -1663.48 |
| Profit factor | 1.79 | Expected payoff | 1.52 | ||
| Absolute drawdown | 21.14 | Maximal drawdown | 265.96 (19.32%) | Relative drawdown | 40.82% (192.36) |
| Total trades | 864 | Short positions (won %) | 446 (81.61%) | Long positions (won %) | 418 (94.98%) |
| Profit trades (% of total) | 761 (88.08%) | Loss trades (% of total) | 103 (11.92%) | ||
| Largest | profit trade | 21.30 | loss trade | -93.30 | |
| Average | profit trade | 3.91 | loss trade | -16.15 | |
| Maximum | consecutive wins (profit in money) | 55 (189.18) | consecutive losses (loss in money) | 4 (-38.90) | |
| Maximal | consecutive profit (count of wins) | 189.18 (55) | consecutive loss (count of losses) | -153.56 (2) | |
| Average | consecutive wins | 10 | consecutive losses | 1 | |
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#4 written by Aspro February 16, 2012 (1 year ago)
Hi Birt,
this EA forces you to use a big lot size if you want to make meaningful $$. Do you think that liquidity could be a problem if I use 15-20Lot sizes ie I wont get as good fills, or are these lot sizes too small to matter given the size of the FX market. I do have an issue with the way others give the impression the FX market is almost infinte. Surely our results are influenced by the liquidity of our broker and how many other orders go in at that instance. -
#5 written by birt February 16, 2012 (1 year ago)
During the Asian session, such a high lot size might be a problem. Looking at the Dukascopy tick CSVs for EURUSD, the Asian session seems to have between 10 and 40 lots available at each tick. Not sure how they make the lot aggregation but I’m pretty sure not all those lots are at the exact market price.
You could simply try and keep track of your fills. Hitting a SL with that lot size will hurt, though.
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#6 written by Zerit0 March 1, 2012 (1 year ago)
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#7 written by birt March 4, 2012 (1 year ago)
It’s not my robot, I’m merely an affiliate running a forward test. However, I can answer your questions.
Regarding shipping to Europe, since it’s a digital download it ships to any place in the world with Internet access so I guess this is not an issue.
As for the refund policy, since the product is sold via Clickbank, it has to adhere to the official Clickbank refund policy which can be resumed to “you can get a refund if you request it less than 60 days from your purchase”. Take a look at the product website and Clickbank website for more info.
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#8 written by Beat March 10, 2012 (1 year ago)
May be some could be interessted in the long therm trade log of this MD ‘User’ web site. Found it helpfull to see on which broker MD performs better.
http://www.megadroidresults.com/ -
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#11 written by maassk March 25, 2012 (1 year ago)
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#13 written by socalengineer April 6, 2012 (1 year ago)
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#14 written by birt April 6, 2012 (1 year ago)
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#16 written by L. April 15, 2012 (1 year ago)
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#17 written by birt April 15, 2012 (1 year ago)
You simply can’t backtest that. What you can backtest is how it would’ve worked if that feature did not exist. In all likelihood, that is a scenario that is worse than having the feature enabled.
As for missing the backtests, I’ve posted a couple of them here a while ago so I’m not sure what you mean.
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#18 written by L. April 15, 2012 (1 year ago)
Thanks.
Sorry if I didn’t express myself correcly. English is not my native language.
I mean many guys wrote here why there is no backtest (it was maybe before you posted them). And that’s the reason why I asked also that how accurate the backtest can be if you can not backtest this feature.
Thanks again!
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#19 written by birt April 15, 2012 (1 year ago)
Ahh, yeah, I misunderstood. The comments you are referring to predate my posting of the backtests. Anyway, like you said, the backtest will not be 100% accurate but you can still view it as some kind of a “worst case scenario” because I’m pretty sure that feature will reduce the number of SL hits and as such improve the profitability.
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#20 written by Garth April 20, 2012 (1 year ago)
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#22 written by Beat April 20, 2012 (1 year ago)
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#23 written by Daniel May 12, 2012 (1 year ago)
> It’s very quite around MD. I recognized however, that MD trades a bit more frequent on more recent MT4 versions.
I’m not sure you’re right. Build of MT4 could not influence the MD trading… These are two different things.MD trades better on brokers with fast execution. For example it trades good on FxPro, but FxPro decided to disallow trading with this EA.. I think because they don’t like the profit it makes.
Regarding the losses of MD. They posted an official post: http://forex-megadroid.com/blog/megadroid/an-notice-to-megadroids-customers/
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#24 written by Daniel May 12, 2012 (1 year ago)
Birt, why you’re using so low RiskLevel value?
0.05 is just 5% of the free margin risked.IMHO there is some optimal value of the RiskLevel setting for Megadroid. Too low value (=0.3) will have more profits, but it will risk too much and in case of a loss it will decimate the account
Megadroid support recommends 0.2-0.25 value… I use 0.2 (20%).
So I’d recommend using mid-sized risk with this kind of EA.
And do not use RecoveryMode – it doubled the lot after the loss to recover faster.Of course my opinion may be subjective.
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#25 written by birt May 12, 2012 (1 year ago)
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#26 written by Arief Laksana July 4, 2012 (10 months ago)
Hi Birt,
Could you please run the backtest for the newest version of Megadroid (1.39)?
I found it’d been doing the job better on my account since I updated it, I wonder if this new version which the Vendor claimed it had improved recovery and order close logic, is robust enough to survive on the last few years markets condition.
Thank you
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- Comment Feed for this Post
Hey Birt,
Good to see another test on MegaDroid. This is my longest running (read: most profitable) EA I have. Not a fan of it’s style (small TP, large SL) but statistics shows it works.
Huwee.