Hi guys! I guess you heard all the buzz about the new Forex Droid robot that was released 31 March.
As you know as always I am in the insider group of first betatesters and had a chance to test it before the rest of the world. Here is my first test results and they look really good. The robot is trading EURUSD pair which is not a spread-dependent and uses Artificial Intelligence and some complicated RCTPA technology to adjust the stop loss according to the market volatility.

Fx Droid Testing Results - Note: I use 0.1 lot and no money management. That's why profit can look low. The timeframe is M1 or H1 - it does not matter. Robot chooses proper timeframe itself.

The main question is: Is it better than fapturbo?

My answer is you can't compare them. If you are a serious forex trader and plan to make money you should understand that your forex trading portfolio should consist of several good systems. Remember, the diversification is the key to success! When one system has a loss the other one has a profit so your chances to win simply increase! That's why I review different systems to introduce good robots to you and of course to you!

I will update in a few weeks with more results on this robot!

Update January 2010. Forex Megadroid works very consistent for the last year. You can see the stats here.