I have been using both Forex Megadroid and Fap Turbo automated trading systems. Here are their differences and advantages:
1) STRATEGIES and CURENCY PAIRS:
Forex Megadroid has internal strategies built-in: Conservative and Aggressive (short-term).
- It only trades EUR/USD in 1 Hour time frame.
Fap Turbo has two strategies shown on the setting parameters:
- Scalper (short-term): EURGBP, EURCHF, USDCAD, GBPCHF (15 Min)
- Long Term Trading: EURUSD (1 Hour).
2) Trading Hour and Take Profit and Stop Loss Setting
Forex Megadroid don't have the option to allow users to change their trading system hours nor take profit and stop loss setting.
Fap Turbo is more flexible and allow users to change trading system hours and take profit and stop loss setting for each currency pair.
3) ACTIVATION:
Forex Megadroid uses Clickbank ID for activation. You only need to do this once. It offers no expiration. This is better than Fab Turbo.
Fap Turbo Robot uses your account ID and expert advisor ID for activation. Fap Turbo robot needs updating every month due to expiration.
4) RECOVERY MODE:
Only Forex Megadroid has this. In the event of losing trade, the recovery mode will doubled the lot size for all trades until the loss has been recovered. However, I don't recommend to use the recovery mode. You can disable it by change it to False.
5) TRADE FRIDAY MODE:
Forex Megadroid has built-in mechanism to disallow trades on Sunday and Friday.
Fap Turbo allows the Friday trading mode to be turned on and off manually by users.
6) AUTOMATIC FOREX TRADING: Both system use MT4 platform to execute trades automatically as long as all the parameters are met.
MONEY MANAGEMENT: Both system have money management feature programmed in the software. Therefore, you can set the percentage of margin to use on each trade.
TRADING ACTIVITY: Forex Megadroid makes less trades than Fap Turbo.
7) Forex Megadroid & Fap Turbo both claim their robot system can double your account in a month or year. But please keep in mind to control your risk taking on each trade (no more than 5% or 10% of your available margin). Making consistent profit with low risk is the key to success in the long run.
8) I only trade two pairs of currency, one from each system. The profit it generated and win% are quite high and consistent. I tried all other pairs, but it seems like this is the best combination.
Fab turbo - EURCHF, M15
Megadroid - EURUSD, H1
9 comments:
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