Archive for the ‘EA Trading Tests’ Category
Correlation Code Sells Out
Jason Fielder has just announced that Correlation Code is almost sold out.
He goes on to say “I believe there may be a few left… we expect them to be gone VERY soon.”
He also says “We won’t be re-opening this time either, so this really is the final chance to get involved in what we are proud to say is the finest forex trading product we have ever brought out to the market.”
I’d say there is a good reason Forex Impact won’t be re-opening Correlation Code this time. That’s most likely because the Quad Charting software and strategies are almost ready for prime time. If so, then their next product will be the final release version of the Quad Charting software and a set of unique strategies to put it to full advantage. That is identifying and trading breaks in currency correlations.
We already know that the full Quad Charting pack and strategies are out of beta release, it is going to be selling for around $5,000. And it looks like it’ll be worth every cent even at that price. However currently, the Quad Charting pack is still officially in beta release and is included as a free bonus with for all Correlation Code members. Jason has also stated that all owners of the Quad Charting pack will be ungraded to the final release version free of charge. Hmm…
So the choice is get the Correlation Code and with the pre-release version of the Quad Charting Pack now and start correlation trading today or wait for the final release and hope that Jason decides to discount the price a little from the expected $4997. One thing is for sure, when the Quad Charting pack final release comes available, it will not be cheap.
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Forex MegaDroid Quick Review
Forex Megadroid has been making quite a stir in the automated forex trading market. The brainchild of Albert Perrie and John Grace, Megadroid is the culmination of 38 years of combined forex trading experience. They’ve taken their own successful manual trading system and channeled it into a fully automated Forex Robot.
Perrie and Grace claim their FX robot trades with a 95.82% accuracy in any market condition. One of the unique features of Forex Megadroid is the use of their proprietary Reverse Correlated Time And Price Analysis (RCTPA). This is said to be the next level in Artificial Intelligence for Forex trading and can take any average trader and turn them into a top gun.
Profitable forex trading not only requires finding a good trading system, manual or automated but also a good broker or at least a way to trade on a level playing field. One of the big questions when forex trading is. “Are you trading on the forex market or trading against your broker?” There are some brokers that profit more from your loses than from the margins on your trades. Forex Megadroid includes a mechanism they refer to as the “Broker Pledge Buster”. The idea being to trade stealthy through your broker, without them knowing you are using an automated system.
The big questions are of course. Does it work? And is Forex Megadroid profitable? The sales page has many screen shots to show how well Megadroid performing very well for the creators of this robot but the only way to really know if this robot is profitable or not is to test it out. So that is exactly what we doing.
Forex Megadroid isn’t a simple one click install but it is still very easy to setup. The only part that is a little unclear in the setup instructions is the money/risk management settings. While the manual explains the purpose of these it doesn’t shed much light on the appropriate settings for various account sizes. Starting with a USD $10,000 demo account at Alpari UK I have left these setting at the default values, as are all the settings. Once a few trades have been executed the manual will no doubt make a little more sense in this area. So the lot size and risk setting can be appropriately setup according to the account balance.
Please check back here for updates. Of course you can also follow along our test with your testing of Forex Megadroid completely risk free. Forex Megadroid comes with a full 60 days, no questions asked money back guarantee. You can literally have it up and trading a free demo account in less than 10 mins. You can download and try out Megadroid here.
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