I have been testing Megadroid for several months now along side of FAPTurbo. Here’s what I know so far…
Results are very good. My copy hasn’t achieved 100% winners as the website claims, but still a very high percentage of winners and usually decent sized ones as well. And in contrast to FAPTurbo, the losing trades have been much smaller, with one exception.
At this point I can definitely recommend Megadroid at $97 for a license. It is also much easier to set up than FAPTurbo, and the basic version only trades on one currency [EUR/USD], but does it well, with between zero and 4 trades per Asian session.
Click here to visit the Megadroid website and make your decision to buy
WARNING: their website is kinda hyped-up. Just get past that and do your own testing – you have 60 days in which to get a refund!
Well, the testing is over – the results are in – and the news is not good…
After testing FAPTurbo for over 4 months now on LIVE as well as demo accounts at multiple brokers, I am disappointed. What started off as almost miraculous results, has deteriorated into a sad performance.
Part of the issue is definitely the broker “bucket shops” that we are forced to use with the MetaTrader platform that FAP uses. I have proven this by getting much better and more consistent results on the demo accounts than on the live one – even a demo account from the same broker I use for the live account! Even so, when FAPTurbo loses a trade, it’s usually a pretty big loss that often wipes out the multitude of small wins.
Too bad – I had high hopes for FAPTurbo and sadly I can no longer recommend this product with its default settings.
Update Aug 15: However, there is new hope! I’m now testing some custom settings that may reverse my opinion. Check back here for updates, or subscribe to my free member’s list at www.traderterry.com