theozaki Posted April 10, 2010 Report Share Posted April 10, 2010 Hi GreyFX, I have used the AUDUSD pair a few times succesfully. All my trades have finished in positive territory each time using this pair. Trading times should be strictly between GMT 19 to GMT 21 for this pair because the Australian trading session starts at GMT 22. The best correlated Logic for AUDUSD would be EURUSD (Logic 1) . This is what i use and is recommended ! I have found via Price action observation that volatility can remain after high impact news for up to around a 10 hour period before the price action settles down to more normal range bound price action. Trading before this buffer period is risky ! So i use 10 hours as a minimum just to be safe ! These are just my opinions and i have found that they work for me ! nishantforex 1 Quote Link to comment Share on other sites More sharing options...
GrexFX Posted April 10, 2010 Report Share Posted April 10, 2010 Hi GreyFX, I have used the AUDUSD pair a few times succesfully. All my trades have finished in positive territory each time using this pair. Trading times should be strictly between GMT 19 to GMT 21 for this pair because the Australian trading session starts at GMT 22. The best correlated Logic for AUDUSD would be EURUSD (Logic 1) . This is what i use and is recommended ! I have found via Price action observation that volatility can remain after high impact news for up to around a 10 hour period before the price action settles down to more normal range bound price action. Trading before this buffer period is risky ! So i use 10 hours as a minimum just to be safe ! These are just my opinions and i have found that they work for me ! Thanks for your responses Theozaki, They definitely make sense and I'll put them into good use. I am trying to learn as much as I can about this EA as I am planning to follow your method of trading it. Quote Link to comment Share on other sites More sharing options...
li21 Posted April 12, 2010 Report Share Posted April 12, 2010 anyone have link t the plain MD Pro .. not the XE or other modded version? thanks Quote Link to comment Share on other sites More sharing options...
nishantforex Posted April 13, 2010 Report Share Posted April 13, 2010 This is just to say thanks to Theo for his support on this topic . I believe the MD Pro ee version is best robot i ever experienced. Just try not to trade on news day the rest is taken care my MD Pro ee my profit machine. Quote Link to comment Share on other sites More sharing options...
ShaKerZ Posted April 13, 2010 Report Share Posted April 13, 2010 nishantforex, can you share the version ee that you use and the settings for each pairs please ? Thanks ;) Quote Link to comment Share on other sites More sharing options...
Diagoras Posted April 13, 2010 Report Share Posted April 13, 2010 There has been no trade with MD Pro ee in the past 10 days (EURUSD, USDCHF) so I wonder how this EA should be a "profit machine"? With MD 1.21 there had been at least 2-3 trades a week only in EURUSD, so I´m probably going to switch back to this version. Quote Link to comment Share on other sites More sharing options...
li21 Posted April 14, 2010 Report Share Posted April 14, 2010 There has been no trade with MD Pro ee in the past 10 days (EURUSD, USDCHF) so I wonder how this EA should be a "profit machine"? With MD 1.21 there had been at least 2-3 trades a week only in EURUSD, so I´m probably going to switch back to this version. agree.. but then again both xe pro 1.21 and md 1.2 do the same thing for me. lots of small wins.. then bam! stop losses every few days and all profits gone in 1 hit. all default settings except adt settings on... even fap turbo 50 is better? Quote Link to comment Share on other sites More sharing options...
Chip4Pips Posted April 14, 2010 Report Share Posted April 14, 2010 Why are you using ADT with MDPro? I wouldn't recommend this setup at all. ADT -2 and default continue to perform well for me using only 1.21 on EURUSD. If you are using default settings, I would also suggest turning "Aggressive" to false and tightening "Slippage" to 1 (if you are not using an ECN). I don't like strategy S2, as it is more risky than S1. Quote Link to comment Share on other sites More sharing options...
RVB Posted April 14, 2010 Report Share Posted April 14, 2010 Hello everyone, Been following this tread for a while now, really great input. Thanks especially to theozaki, great input. These EAs has the potential to be a monster (MD Pro, XE, ee). News is indeed a big factor. Has anyone tried to optimize the stop loss? It seems to me that MD pro (even in aggressive mode on demo) generally makes pretty profitable trades and enters a fairly good points. I cant seem to get a good back test for altering stop loss for some reason. Any ideas from your observations of average draw down as to what a good stop loss could be? I think if we could just control those few stop losses, we could really increase the profit factor with this. Any thoughts? Quote Link to comment Share on other sites More sharing options...
li21 Posted April 17, 2010 Report Share Posted April 17, 2010 Hello everyone, Been following this tread for a while now, really great input. Thanks especially to theozaki, great input. These EAs has the potential to be a monster (MD Pro, XE, ee). News is indeed a big factor. Has anyone tried to optimize the stop loss? It seems to me that MD pro (even in aggressive mode on demo) generally makes pretty profitable trades and enters a fairly good points. I cant seem to get a good back test for altering stop loss for some reason. Any ideas from your observations of average draw down as to what a good stop loss could be? I think if we could just control those few stop losses, we could really increase the profit factor with this. Any thoughts? My thoughts exactly... anyone share what to set the stop losses to even out the risk ? If MD pro didnt hit such bad stop losses .. it would be a great all round EA Quote Link to comment Share on other sites More sharing options...
li21 Posted April 17, 2010 Report Share Posted April 17, 2010 Hello everyone, Been following this tread for a while now, really great input. Thanks especially to theozaki, great input. These EAs has the potential to be a monster (MD Pro, XE, ee). News is indeed a big factor. Has anyone tried to optimize the stop loss? It seems to me that MD pro (even in aggressive mode on demo) generally makes pretty profitable trades and enters a fairly good points. I cant seem to get a good back test for altering stop loss for some reason. Any ideas from your observations of average draw down as to what a good stop loss could be? I think if we could just control those few stop losses, we could really increase the profit factor with this. Any thoughts? My thoughts exactly... anyone share what to set the stop losses to even out the risk ? If MD pro didnt hit such bad stop losses .. it would be a great all round EA Quote Link to comment Share on other sites More sharing options...
paulocosta Posted May 14, 2010 Report Share Posted May 14, 2010 Hi guys I've been follow the for various months and i think you are doing a great job especially Don, BBrain and Rio. For now i would like to if there sufficient data to awser the follw questions: What is the best version of mdp? What is the best broker to work with mdp? What are the best parameters for mdp? Also i would like to know if there is someone thinking on improve de logics and program mdp to use it with other plattforms than MT4. I think that there should be a resume of the data of the thread cause is painful to read it all. Quote Link to comment Share on other sites More sharing options...
kappa2547 Posted May 15, 2010 Report Share Posted May 15, 2010 How often should S1_Reference & S2_Reference be changed? Also what is the min/max number of digits? Quote Link to comment Share on other sites More sharing options...
Acerinvest Posted May 15, 2010 Report Share Posted May 15, 2010 I have just downloaded what I think is the latest version but I cannot see a logic setting in the inputs and the code looks set to work only on EURUSD. Am I missing something or have I the wrong code? For reference the comment at the top is: /* FOREX MEGADROID PRO v1.00e (educated & enhanced) */ Quote Link to comment Share on other sites More sharing options...
simoniex Posted May 16, 2010 Report Share Posted May 16, 2010 those old links were dead, can anyone share the latest download and setting?would be appreciate, thanks Quote Link to comment Share on other sites More sharing options...
Devin Posted May 16, 2010 Report Share Posted May 16, 2010 Hi, yes please share the EA again. Thanks a lot for the new link! :-) Devin Quote Link to comment Share on other sites More sharing options...
derox Posted May 18, 2010 Report Share Posted May 18, 2010 (edited) is that right, that megadroid disconnect from broker after time is reached (1am) and connecting next day at 21pm? what happened with the open trades? why does backtest not working well for md? thanks and best regards, derox Edited May 18, 2010 by derox Quote Link to comment Share on other sites More sharing options...
naranjablue Posted June 4, 2010 Report Share Posted June 4, 2010 I have just downloaded what I think is the latest version but I cannot see a logic setting in the inputs and the code looks set to work only on EURUSD. Am I missing something or have I the wrong code? For reference the comment at the top is: /* FOREX MEGADROID PRO v1.00e (educated & enhanced) */ I have the same comment, but when i look into the settings it show me ver. 1.2 what is the new version, and somebody have the link to ver 1.2? thanks Quote Link to comment Share on other sites More sharing options...
theozaki Posted June 5, 2010 Report Share Posted June 5, 2010 I have the same comment, but when i look into the settings it show me ver. 1.2 what is the new version, and somebody have the link to ver 1.2? thanks Hi guys please use the following link for the most recent plugged version of Megadroid Pro from this thread. hxxp://www.sharebee.c0m/done?id=c9b6d2195c02d591b3ec52c6bbddca93 Enjoy ! sia10, dingueling, murtamad and 3 others 6 Quote Link to comment Share on other sites More sharing options...
ruslanas Posted June 6, 2010 Report Share Posted June 6, 2010 thanks theozaki ^:)^ Quote Link to comment Share on other sites More sharing options...
theozaki Posted June 11, 2010 Report Share Posted June 11, 2010 I have played around with alot of EA's and Megadroid Pro is the only scalping Ea that i feel comfortable enough to trade live with as long as your Risk management/Lot size is well understood before you begin live trading ! At the moment i'm trading a live account of 150 dollar starting balance. 0.02 fixed lot size settings, risk level set to zero, aggressive= false, and it has taken my account to 175 dollars with 8 days of live trading. Refer to my previous posts regarding using my manual news filtering method because certain pairs should not be traded on certain high impact news announcements that fall with a 10 hour buffer period ! I firmly believe that following this manual news filtering method to choose which pairs you will trade per given day greatly improves overall profitability. At this stage my profit % is 83.3% . 24 total trades 20 winners and 4 losers with max drawdown of 3.25%. Risk management and correct Lot size settings relative to your account balance is a critical factor to ensure reliability and a profitable performance from Megadroid Pro ! I personally believe that it is better than Fapturbo as a scalping EA because it is more prudent and selective before it jumps into any trade ! Enjoy ! domonkos and rex68 2 Quote Link to comment Share on other sites More sharing options...
rex68 Posted June 11, 2010 Report Share Posted June 11, 2010 Hi Theo, Many thanks for your kind guidance thus far. Are you able to enlighten me on the following: 1.) I understand that you only trade up to 6 pairs max, apart from 4 standard pairs, which other 2 pairs do you trade and with which logic? 2.) I'm running 1.01ee on 2 platforms, FxPro & FxPrimus ECN, FxPro seems to be giving me better results and more trades, but my FxPrimus definitely have lower spreads. Have you encountered such instances if you're running them on 2 platforms? I can't thank you enough for all the valuable advice you've given. You are truly generous and sincere in helping the 'not-so' better off people such as I am =) Regards. I have played around with alot of EA's and Megadroid Pro is the only scalping Ea that i feel comfortable enough to trade live with as long as your Risk management/Lot size is well understood before you begin live trading ! At the moment i'm trading a live account of 150 dollar starting balance. 0.02 fixed lot size settings, risk level set to zero, aggressive= false, and it has taken my account to 175 dollars with 8 days of live trading. Refer to my previous posts regarding using my manual news filtering method because certain pairs should not be traded on certain high impact news announcements that fall with a 10 hour buffer period ! I firmly believe that following this manual news filtering method to choose which pairs you will trade per given day greatly improves overall profitability. At this stage my profit % is 83.3% . 24 total trades 20 winners and 4 losers with max drawdown of 3.25%. Risk management and correct Lot size settings relative to your account balance is a critical factor to ensure reliability and a profitable performance from Megadroid Pro ! I personally believe that it is better than Fapturbo as a scalping EA because it is more prudent and selective before it jumps into any trade ! Enjoy ! Quote Link to comment Share on other sites More sharing options...
rex68 Posted June 11, 2010 Report Share Posted June 11, 2010 (edited) Apologies Theo, I just found this in your earlier thread: "The Logic settings for the non standard pairs are GBPUSD is Logic 4 , USDJPY is Logic 4 , USDCAD is Logic 2, EURJPY is Logic 1 , GBPCHF is Logic 4." Are you still using them as of now? Thanks! Edited June 11, 2010 by rex68 Quote Link to comment Share on other sites More sharing options...
theozaki Posted June 11, 2010 Report Share Posted June 11, 2010 Hi Rex, Glad to help ! The table below is correct with the current logic settings i use for all the pairs which i trade ! USDJPY : Logic 4 GMT 19 to GMT 22 GPBUSD : Logic 4 GMT 20 to GMT 23 EURJPY : Logic 1 GMT 19 to GMT 22 GBPCHF : Logic 4 GMT 20 to GMT 23 USDCAD : Logic 2 GMT 20 to GMT 23 EURCHF : Logic 2 GMT 20 to GMT 23 EURGBP : Logic 3 GMT 20 to GMT 23 USDCHF : Logic 4 GMT 20 to GMT 23 EURUSD : Logic 1 GMT 20 to GMT 23 AUDUSD : Logic 1 GMT 19 to GMT 21 I have included the recommended GMT trading times to use for each pair. I have found that these work best for me ! On some days i might use only 3 or 4 currency pairs only ! Remember this is entirely dependent on what currency will have the high impact news announcements between GMT 9 to GMT 19 for JPY and AUD currency pairs, or between GMT 10 to GMT 20 for all the other pairs. For example the EUR & GBP had high impact news announcements at GMT 11.00 and GMT 11.45 this week on Thurs 10/6/2010 so the only pairs i traded on Thurs was USDJPY, AUDUSD, USDCHF, & USDCAD. I hope my explanation is clear for you ! Cheers domonkos, junglist00, airplus and 2 others 5 Quote Link to comment Share on other sites More sharing options...
rex68 Posted June 11, 2010 Report Share Posted June 11, 2010 That was just fantastic! I need to read the trading time portion again cos I'm on +8 GMT and it conversion is a bit confusing for me.. Many KUDOs to you, have a great weekend. Quote Link to comment Share on other sites More sharing options...
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