There are many Forex traders desiring Forex Megadroid robot nowadays. Those who choose this robot are attracted by the affordable price below a hundred dollars. Forex megadroid is widely known as effective and at the same time also affordable trading software. Its price was $97 in Spring time this year, and was increased a little bit, but still considered as low, while other automated software would cost traders from $200 to nearly $600 or above. The center of focus is, do these highly priced robots indeed perform much better than the Forex Megadroid of moderate price?
The reason that Forex Megadroid is apparently more attractive to the traders, is more or less due to the very reasonable price. In addition, it claims that it could do analysis on multi-market condition, with the emphasis of 95.82% accuracy of prediction rate. It may be much fairer here to state the price of the related software. Forex Pointbreak Expert Advisor costs $197, the Lerosa Pro has its price listed as $599 and and the $147 FAP turbo is still on the top ten, so does Megadroid.
Many automated trading robots base their analysis on market performance in the past, and make the backtest results look too convincing. Forex Megadroid is created to plan forward, instead of looking backward. It can predict the price movement in the coming 2-4 hour window. This is done by the intelligence technology dubbed RCTPA or Reverse Correlated Time Price Analysis.
The trading method of Forex MegaDroid is to estimate how the market would change possibly. The calculation of time matrix as well as price data analysis together predict the direction of future currency trend. Since the machine is also built with a built-in mechanism that makes it hard to be predicted from Forex brokers, it becomes easier for the Forex traders to invest consistently and to accumulate small gains.
In the past, there are customers commenting on the robot's pretty slow actions in terms of placing trades for a more extended period of time. But with the very recent release of MegaDroid version 1.1, traders do not have to wait so long between trades, and the waiting does not appear to be too much of an issue. Many users of this robot are reporting the frequency for up to ten to twelve trades weekly at present.
In all, customers may still prefer a profitable robot that is listed with a higher price, but the issue is still whether or not they can maximize their money used, if there is something that is not expensive, and would perform quite well than its high priced competitors, why not choose the cheap one?
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