pures

I'm just kidding, there is no new megadroid. It is already awesome as it is, BUT:
 
Even though Megadroid has been for quite some time one of the few robots (if not the only one) that has been REALLY steadly profitable, it still gets the ocasional stoploss, most oftenly caused by NEWS.
 
As I personally believe Megadroid to be the best robot in the present, and as I have wasted loads of time trying to improve mediocre robots, all in vain, I thought about doing it for Megadroid.
 
FIRST of all: Advanced Droid Tactics worked for a while for me, but then it got into a spiral, losing most of my account. I don't know if the new version works steadily, but I'm giving it a break for a while.
 
SECOND: Why would you set the Aggressive mode to True if it's not worth it, or why would you set it to false if it's totally worth it? What about Recovery Mode?
Well, I did an extensive 10 years backtest using constant lot comparing the aggressive function. The results?
105% more profit at only a 7% increase of long term risk. That's all there is to know. In other words, set your Aggressive mode on.
What about Recovery Mode? Recovery mode is a function that doubles the lot size of the trades until all the loss of a past stoploss/loss has been covered. That's in average 4 trades but sometimes it might be up to 14 or even more. Is it worth it? Definitely NOT. Using Recovery Mode is the same as using martingale on Megadroid, but only at one level. As you know, martingale doesn't work because by increasing the risk, it not only increases the profit but also the risk and losses. But is it worth it? Still not. After deep backtesting and analylis, all I can say is:
- If you're using Recovery Mode and are comfortable and happy with the risk you're incurring, then turn it off and increase the lot size by 60% and expect a profit increase between 15 and 30%, while keeping the same risk.
 
THIRD: The news. Not all of the Megadroid losses are caused by news, but some are. There was a time that I turned it off when high impact news were coming, but that just became very botherful, mostly when I had other robots with it. So it was about time someone created a version of Megadroid that could avoid news. As I couldn't find one for a lot of time, I created one myself, and here it is:

http://www.multiupload.com/0LNLY2KEPD
I called it Megadroid N1. N because of the News Filter and 1 because it's the first version of it. But all it is is:
 
There are two versions:
-One is the latest Megadroid v1.21 educated and the other one is Megadroid Pro v1.01ee, both versions from this forum.
 
The new parameters are pretty simple. Either you set it to avoid news or not. If you do, then you can choose if you want to avoid high impact news and/or medium impact news and/or low impact news. Then you set the time in minutes that you don't want to trade since the latest news of a choosen impact and the time in minutes until the next news of a choosen impact. By default I set those values of minutes that you will see as predefined, but make your own judgement, and if you think you know good settings, please suggest them here.
 
This new version gets the news from an indicator that is on that zip file and that you will have to position on your meta trader indicators folder. That indicator is FFCAL, I think it originated on the forexfactory forum and it downloads all the following news from forexfactory calendar aroud every 6 hours. The EA updates its newsfilter state once per minute, so when you first set it up, expect it to take up to 1 minute to be fully working. About the news it avoids, it avoids the news related to the pair you are trading. If you have it on USDCHF, it will avoid news of those two currencies.
 
I also incorporated on it something that tells you if it is not trading because of news. You will notice on the chart, along with all the other useful information, that it says "Not trading! Avoiding news". Once again, this will take up to 1 minute if you set it for the first time or change the EA parameters.
 
What more, I can't backtest it with past news, but I forward tested it a couple times for some minutes to see if it was doing it's job and it seems to be. Give it a try and post your results, if it works alright with you, and any sugestions you might have.