- Forex Robot: Forex Megadroid
- Developed by: Albert Perrie and John Grace
- Trading Style: Scalping EUR/USD
- Platform: MT4
- NFA Compliance: Yes
- Cost: 67 USD (one-time)
Forex Megadroid Review – FxPros
Forex Megadroid is a Forex scalping Expert Advisor (EA) originally launched in 2009 by developers John Grace and Albert Perrie. Built for the MetaTrader 4 (MT4) and ZuluTrade platforms, it quickly gained global popularity, with tens of thousands of copies sold. This EA is designed specifically to trade the EUR/USD currency pair, adapting to various market conditions with its proprietary trading logic.
How Does the Forex Megadroid Work?
Forex Megadroid operates using RCTPA technology—short for Reverse Correlated Time and Price Analysis. This advanced algorithm evaluates time and price data across multiple markets to forecast short-term price movements. It measures current market dynamics (supply and demand) to generate precise predictions for the next few minutes—ideal for scalping strategies.
Key Features of the Forex Megadroid
Here are the core capabilities of the Forex Megadroid EA:
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Specializing in EUR/USD scalping
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Operates on the H1 (1-hour) timeframe
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Stealth technology to reduce detection by brokers
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Low capital requirement—start trading with as little as $5
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Maintains stable performance even in high-volatility environments
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Utilizes RCTPA technology to adapt to changing market conditions
Past Performance
Forex Megadroid has demonstrated strong historical performance during backtesting on MetaTrader 4. While this historical data is promising, it's important to note that past results do not guarantee future success in live trading.
Setup & Broker Compatibility
Forex Megadroid is known for its easy and user-friendly setup. New users are encouraged to test it on a demo account before transitioning to live trading.
- To get the best results, use Forex Megadroid with ECN/STP brokers that offer tight spreads and transparent trading conditions.
Conclusion
Forex Megadroid remains a popular and widely used Forex EA, especially among traders focused on the EUR/USD pair. With robust backtested performance and the ability to trade under various market conditions, it's a valuable tool for both beginners and experienced scalpers.
Pricing
Forex Megadroid is available for a one-time fee of $67—no ongoing subscription required.
» Visit the Forex Megadroid Website
■ ForexMegadroid.com EA Review
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