It seems like there are new forex trading tools being released and introduced to consumers almost every week, specifically forex trading robots. With the arrival of the new Forex Megadroid, traders are left with more confusion on which product to purchase to help them with their forex trading needs. Indeed, there are many characteristics traders and brokers look for in a trading tool. Here are some of the things you need to know about the newest forex robot in the market.
Forex Megadroid is one of the latest forex automatic traders that do not only analyze the past trading markets like the other automated software of its kinds. The Megadroid also analyzes the current market and adjust its pattern accordingly, to get the best possible result on any given market condition. The program works two-ways, through back testing and through forward testing. Running the tester through the ringer for the previous year or so is how they backtest the product, and it has proven to have an almost 100% account increase. While it is really impossible to get an accurate forward testing review of this program because it is fairly new to the market compared, it is designed with a new Artificial Intelligence to alter itself when the market changes, giving it adaptability to any market condition.
Like almost all products in the market, there are a few things consumers find limiting about the Forex Megadroid. While the program claims to be automated so you can just leave it running on your computer while you go on with your daily tasks, it can only trade in two currencies, the stable USD and EUR. And since it can only trade in one pair, it doesn't trade all the time, which makes it particularly inconvenient for those who want to do forex trading more often.
However, the Forex Megadroid has been given many reviews and has been compared to almost all the other existing products of its kind. With its one of a kind program - the Reverse Correlated Time and Price Analysis (RCTPA), this trading tool is proven effective and efficient in assisting traders and brokers alike.
