Currency: EURUSD, EURCHF, EURGBP, and USDCHF
Timeframe: H1
Forex MegaDroid Pro™ is the multi-currency version of the highly successful MegaDroid and is set to be officially released in early August 2009. While MegaDroid only traded the EURUSD, this “Pro” edition adds the ability to trade the EURCHF, EURGBP and USDCHF currency pairs.
Full review coming soon . . . .
For backtest results on the EURUSD, visit the Forex MegaDroid page. Backtests on the EURCHF, EURGBP and USDCHF show the following results:
1/1/2009 – 7/17/2009
Currency: EURCHF
Starting balance: $10,000.00
Ending balance: $119,179.60
Profitable trades: 96.51%
Profit factor: 11.19
Max drawdown: 17.42%
Relative drawdown: 17.48%
1/1/2008 – 12/31/2008
Currency: EURCHF
Starting balance: $10,000.00
Ending balance: $333,837.23
Profitable trades: 88.69%
Profit factor: 3.04
Max drawdown: 11.12%
Relative drawdown: 31.24%
1/1/2007 – 12/31/2007
Currency: EURCHF
Starting balance: $10,000.00
Ending balance: $85,639.80
Profitable trades: 93.53%
Profit factor: 7.41
Max drawdown: 12.59%
Relative drawdown: 12.59%
1/1/2006 – 12/31/2006
Currency: EURCHF
Starting balance: $10,000.00
Ending balance: $726,745.57
Profitable trades: 99.51%
Profit factor: 61.45
Max drawdown: 2.92%
Relative drawdown: 4.20%
1/1/2005 – 12/31/2005
Currency: EURCHF
Starting balance: $10,000.00
Ending balance: $862,890.94
Profitable trades: 99.71%
Profit factor: 106.18
Max drawdown: 3.54%
Relative drawdown: 6.17%
1/1/2009 – 7/17/2009
Currency: EURGBP
Starting balance: $10,000.00
Ending balance: $244,615.88
Profitable trades: 97.24%
Profit factor: 15.50
Max drawdown: 13.15%
Relative drawdown: 31.79%
1/1/2008 – 12/31/2008
Currency: EURGBP
Starting balance: $10,000.00
Ending balance: $365,604.13
Profitable trades: 92.00%
Profit factor: 5.40
Max drawdown: 18.13%
Relative drawdown: 41.30%
1/1/2007 – 12/31/2007
Currency: EURGBP
Starting balance: $10,000.00
Ending balance: $22,286.37
Profitable trades: 89.74%
Profit factor: 2.49
Max drawdown: 16.99%
Relative drawdown: 16.99%
1/1/2006 – 12/31/2006
Currency: EURGBP
Starting balance: $10,000.00
Ending balance: $208,619.28
Profitable trades: 98.06%
Profit factor: 52.86
Max drawdown: 3.93%
Relative drawdown: 10.05%
1/1/2005 – 12/31/2005
Currency: EURGBP
Starting balance: $10,000.00
Ending balance: $2,820,210.31
Profitable trades: 98.36%
Profit factor: 13.53
Max drawdown: 8.94%
Relative drawdown: 8.96%
1/1/2009 – 7/17/2009
Currency: USDCHF
Starting balance: $10,000.00
Ending balance: $42,620.97
Profitable trades: 94.64%
Profit factor: 2.35
Max drawdown: 30.97%
Relative drawdown: 32.06%
1/1/2008 – 12/31/2008
Currency: USDCHF
Starting balance: $10,000.00
Ending balance: $49,055.23
Profitable trades: 92.83%
Profit factor: 1.66
Max drawdown: 85.46%
Relative drawdown: 85.46%
1/1/2007 – 12/31/2007
Currency: USDCHF
Starting balance: $10,000.00
Ending balance: $32,956.34
Profitable trades: 96.17%
Profit factor: 2.51
Max drawdown: 22.66%
Relative drawdown: 22.66%
1/1/2006 – 12/31/2006
Currency: USDCHF
Starting balance: $10,000.00
Ending balance: $32,220.06
Profitable trades: 94.37%
Profit factor: 1.44
Max drawdown: 51.00%
Relative drawdown: 51.00%
1/1/2005 – 12/31/2005
Currency: USDCHF
Starting balance: $10,000.00
Ending balance: $79,719.55
Profitable trades: 94.96%
Profit factor: 1.74
Max drawdown: 54.67%
Relative drawdown: 54.67%
Go to the Official Forex MegaDroid Pro™ site
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER- COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
Megadroid – No Losing Trade!
One Comment on "Megadroid – No Losing Trade!"
Nice post about megadroid. No losing also. great!