FAP Turbo and Forex Megadroid are expert advisor robots that run on your home PC. They generate and trade without any human intervention. Both are completely automated. Forex Megadroid Pro is a considerable upgrade from the original forex robot in the series of Forex Megadroids. The system was created by Albert Perrie and John Grace. I have traded with Forex Megadroid Pro for about half a year. What I like about this system is that it doesn't execute very many trades but the ones that it does take are usually quite accurate. During this time frame I only experienced one outlier loss however the gains have outweighed that loss significantly. The system is basically focused on scalping. For a trader that is interested in limiting losses a scalping program can be very beneficial. Limiting losses to around 10 to 30 pips is a big advantage when trading with a small amount of capital. So far it has demonstrated the ability to create some breakeven trades, limit losses, and produce a number of winning trades.
Overall Forex Megadroid has performed extremely well for an automated foreign exchange trading program. I have recommended it to several of my friends who have been interested in automated Forex trading robots. There are variety of foreign exchange trading robots on the market however Forex Megadroid has produced an accuracy of about 80 to 90% winning trades. The robot also focuses on only one market, the EUR/USD which increases its accuracy and reliability.
Other automated Forex robots used for trading multiple currencies are not as reliable because they have not been optimized successfully to trade all of the different foreign-exchange pairs. The road to wealth is a difficult path however the use of a foreign exchange trading robot to invest part of your capital can be exciting and rewarding with limited effort.
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