Forex Robots - Megadroid Demo vs Live results

Welcome back Meta-Traders.

Sir Redford suggested that I take a look at the differences between the live and demo Megadroid results. This lead to some interesting findings.

I was overstating the results of the Megadroid demo account by a few percent since my results accidentally included the last 2 weeks of 2009.

The Demo account traded 26 times, and the live account traded 17 times. That's almost a perfect 0.65 Fib Ratio!

The demo account is on FXDD and the live account is on Forex.com UK so different brokers might account for some differences in results.

Anyway, I saw several times when (right at about 4PM), the brokers widen the spread to 4 pips. This activates the spread-monitoring technology and puts Megadroid out of business for about 45 minutes or so. I've seen the brokers do this on Monday and Tuesday, but allow trading on Wednesday. Its almost like they know they have to give you something, or you won't remain a customer.

The net result is that the live Droid only makes about 65% of what the demo droid makes. That coupled with the infrequent trades using Droid, makes the results flatish versus what they could be. So the Droid algorithm is great, but you don't get enough good changes to use it.

What's the answer? Apply Megadroid to multiple pairs and you get EAKAIN.

EAKAIN is currently #2 on the Forex Peace Army Expert tests and was up a whopping 14% for the week. This one is really spectacular.

And the #1 robot on the list is ......... the Fusion EA Bot from the guys over at the Forex World Cup. This one was up 18% for the week! This is what I call an EA and leaves Megadroid in the dust!

It's clear that I can do a whole lot better than 1% a week with the super EAs.

This is getting good.