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  1. #11
    aleeeexx is offline Junior Member
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    Sep 2010
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    I have tried many forex bots in the past but just a few of them are working...
    Actually I use MEGADROID and this is the best investment I have ever done!
    In just 12 days MEGADROID turned my 1000$ with 100:1 leverage into 1843$!!!
    All I have to do is keeping my computer ON!

  2. #12
    jakehunter is offline Junior Member
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    Sep 2010
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    10

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    Thanks for a very useful info. I've used some literature about the MT, but it doesn't help to trade on practice. Maybe this is my laziness, but there are only talks about. Has anyone faced with such a problem, when you are trading and suddenly, GBP goes down for 800!!! pip in 3 hours? I mean, what the hell?? Such things have ruined my account 3 times already... Meanwhile, I've solved my problem with proper information. At least some stable income is day to day going to my account. Check it out in my signature...

  3. #13
    gerra98 is offline Junior Member
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    Oct 2010
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    1

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    is forex funnel for free? I would like to test it

    Quote Originally Posted by narby View Post
    I've tested and currently using a forex robot called "FOREX Funnel". On my demo account through MetaTrader4 FXDD on a 8 day test period I made over $2300 starting with a $10,000 account at 100:1 leverage. Then I decided to go live this week starting March 9, 2009 and in less than 2 days I have made already $395 starting with a $3000 account balance at 200:1 leverage ratio. All I did was installed the bot and kept the computer on. It does it all the trading for you. I am very pleased with this robot called the "FOREX Funnel". And your question was does Forex bots work? Yes, they do. Just make sure you read all other reviews online about the forex bots before you decide to buy it. And ensure that they offer a no risk 60 day money back guarantee to test the system out. I am very pleased with the FOREX Funnel.

  4. #14
    GFSignals is offline Junior Member
    Join Date
    May 2009
    Location
    New York
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    8

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    Frankly speaking, I don't believe these stupid bots can do anything except turning your account down. They are only promising great profit, but then they make AWFUL drawdown after some urgent changes on the market. I don't recommend to use this scum if your aim is not to wipe out your account.

  5. #15
    ortan is offline Junior Member
    Join Date
    Oct 2010
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    15

    Default Forex bots do they work?

    There are a large number of traders who have hired brokers to manage their trading campaigns for them, and while this is a good investment, it is costly. For those traders who cannot afford such, they opt for the forex bot, which is just as effective (if not more) and can be attained at a far lesser cost than a forex broker. The usual fee for the software is somewhere around $100, and you get continual updates absolutely free. The other benefit, with which people are probably more concerned is the fact that it works for them effectively managing their investments around the clock.
    [url=http://www.stockexchangeupdates.com/]Stock Update[/url]

  6. #16
    stevejamaican is offline Junior Member
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    Oct 2010
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    5

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    I have bee seeing only good reviews about Forex Megadroid. Most reviewers report that it has a greater than 90% win ratio.

    However, I am concerned about reports that the robot is programmed with a maximum TP of 15pips and a maximum SL of 150pips (though it looks for exits before it reaches that level).

  7. #17
    ortan is offline Junior Member
    Join Date
    Oct 2010
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    15

    Default Forex bots do they work?

    Remember your childhood memories of robots? The first time you saw one of the metallic behemoths walking clumsily around, you were probably in awe. It was neither man nor animal, but what was this magical being from the
    alien world? This strange little machine was called a robot. And yes they've grown by leaps and bounds since we were all little. Now instead of clumsy eyesores that weren't really good for much they can even make you millions or put you in the poor home!
    [url=http://www.stockexchangeupdates.com/]Stock Update[/url]

  8. #18
    addz123 is offline Junior Member
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    Nov 2010
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    I have to admit that I'm impressed by what I've heard about and read about Megadroid so far. I'd be tempted to try it under limited conditions, however I don't think I'd ever feel safe about leaving it running 24/7.

  9. #19
    mulder25 is offline Junior Member
    Join Date
    Jan 2011
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    Quote Originally Posted by finvik View Post
    1. Yes they work. The best in the world are never revealed. Why would anyone share it or even sell it, when the robot makes thousands or hundreds of thousands?
    2. Yes, they can. Not all robots can adjust to the market changing behavior. Even the best ones may become inefficient over the period of time as the old tendencies die and new rules are born.
    3. You certainly can reduce the risk, because when robots trade, they don't fall victims of psychology, fear and greed; humans, however, do.
    I know this is way out dated, but i went through a lot of trouble to register, so hopefully this helps at least someone. I absolutely agree with your post, human psychology has a time and a place, but forex is run by logic, and psychology has no business screwing with it. My strategy, because i dont have a bot, is to walk away after placing a trade and setting a limit order. I place no stop, and simply step away from the trading platform. While you may think this is totally crazy, on my practice account, i have spent less than 4 hours online, and turned the starting 50,000 into 72,000 spread over 4 days. I have had only a couple losing trades totalling less than 8,000, and a large amount of wins. The indicators i use are fast and slow stochastics, and base my trading on a wave formation following a general trend. I catch part of the wave, and ride the trend to a profit of 3-4 pips at 2,500,000 50:1 leverage. Obviously statistics will catch up with me in the long run, but as long as i can avoid sudden, uncontrolled jumps like when the news comes out, i have trust my system. I will set much stricter guidlines and procedures that i will follow before putting this into effect with real capital.
    If anyone would like proof of this, pm me with a request, and i will send you the transaction log.

  10. #20
    Jefffx is offline Junior Member
    Join Date
    Jan 2011
    Posts
    2

    Default Bots or Software?

    Hi everyone,
    I'm new here, names Jeff, and I'd like to know how many of you think a bot is better than the obvious MT4 alternative?

    I have limited trading experience and am very hesitant about using bots.

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