It has only been released to the public in March 2009, but the Forex Megadroid is turning out to be one of the most reliable forex robots in the market today. Unlike older versions of forex robots, however, it has certain unique features that make it a little different from the rest.
Everyone knows that other forex robots make use of historical data from previous market scenarios. Based on the gathered data, these forex robots make decisions and generate profits successfully. On the other hand, the Forex Megadroid does not take advantage of this mechanism – but improves on it. Instead of using past information to make its trade decisions, it analyzes past as well as current available data relating to market volatility and predicts whether or not a particular trade will reap profits.
Successful forex traders Albert Perrie and John Grace, the inventors of the Forex Megadroid, designed the software in such a way that it thinks, learns and trades like a human being. In fact, Perrie and Grace fashioned the software to make decisions based on the vast experiences they have gained in forex exchange trading.
Particularly, the Forex Megadroid makes use of a special feature called the Reversed Correlated Price and Time Analysis (RCPTA), which is basically a form of artificial intelligence. With the use of the RCPTA, it enables the forex robot to find patterns in forex market scenarios and comes up with the best possible trading option. It does this by making comparisons in available data and historical data regarding market conditions.
Through the strategy described above, the Forex Megadroid is capable of adapting not only to present conditions, but to future trading scenarios as well. Every time a particular trade decision does not produce satisfactory results or a previously successful strategy does not work on a specific market scenario, it familiarizes itself with that mistake and adjusts its strategy like a normal human being would.
This improved mechanism has worked wonders for the Forex Megadroid and its users. In fact, this forex robot is so effective at making predictions that it is capable of constructing almost flawless market forecasts that are about to happen two to four hours in advance. It boasts of a 95-96% rate of accuracy and a 97% chance of gaining money in a trade.
The only concern that remains among its users is this: Will it live up to its claim of being able to adapt to any market condition? Considering the short span of time the Forex Megadroid has been available in the market, the answer to this question remains to be elusive But for now, it is easy to say that it is in fact a very effective forex trading tool.
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