Want More Trades With MegaDroid?
Just a quick update on how MegaDroid is performing with new settings. Below are the last 5 trades made by the EA on a new live account I have with Alpari UK.
Do you want more bang for your buck?
OK, the way I’ve managed to squeeze more pips out of MegaDroid is as follows. You need to open a few more EURUSD charts. Once they are open, apply MegaDroid to each one. Other than what I’m about to describe, all settings are completely default.
Once the EA is applied to each chart open the EA settings. The parameters you need to change are, GMT Offset, Auto GMT Offset, S1_Reference and S2_Reference. Make sure you update both references with different 8 digit numbers for each chart and make sure your receipt key is correct.
Set for all charts AutoGmtOffset to false.
Set 1st chart to GmtOffset 0*
Set 2nd chart to GmtOffset 2*
Set 3rd chart to GmtOffset 4*
* settings above are based on a broker GMT offset of 2. 2 being the middle setting. If your GMT offset is 4 or -2 etc alter the settings above to conform.
Remember you can play around with these settings and see if you can do better.
Although I haven’t yet purchased this following guide I have heard great things about it from people emailing me etc and therefore I recommend the purchase. Check out Advanced Droid Tactics below.
Click here to visit Advanced Droid Tactics.
Hay Hank,
So You found out about Droid Tactics ?
Works nicely.
best regards
Nico Alparimollo
Hi Nico, I haven’t bought it but I understand a few of the concepts. There is a lot more in the Droid Tactics Ebook from what I have heard. All I am doing is using the GMT offset. Good thing is, it is trading a lot more.
Chears for the settings.
What should the setting be on the AutoServerGmtOffSet.
Should it be true or false?
Just forgot to ask one more thing If I dont want to use the risk managemnet and I want just to trade a mini all the time do I set Risk level to 0?
I really appreciate your effort and thank you for sharing.
Hi Ray, with standard settings AutoServerGmtOffSet should be set to true and to trade lots set the risk to 0. All the best.
Once again chears and have a bountiful day.
Hi,
I’m interested in changing my settings for my MD to get those additional trades that you talk about.
To get your settings, should I change the AutoLocalGmtOffSet AND the AutoServerGmtOffSet to false?
Thanks for the help!
Hi Lian, be carefully with the settings. However, try it out MD is generally very good at getting in on good trades. Just keep the risk low. The answer to you question is yes.
Thanks for the quick response.
My broker is ForexMeta, with a GMT of +3
I have set up new charts with 0, 3, and 6 GMT on my demo.
I’m just wondering, would it be possible to set up charts trading every session, or is that an overload?
Why just 0, 3, 6, or 0, 2, 4? I want to know how that works, if it’s easy to explain.
(Maybe why you don’t set up a chart for every hour, etc etc.)
Additionally, would you, with these extra charts, consider a 30% risk level too much risk? (Considering that’s what they have on the MD website.)
I got trades 4 trades in one day on my demo, so it works well!
I just need to know more before I change my live account, but looks good so far!
Thanks for the info!
Hi Lian, each session has a trade window of about 2 hours. If you have it setup for each hourly session you will open multiple (often identical) trades. 30% is way too risky especially with this setup. Use 30% on the recommended default GMT setup if you like but keep the other sessions much lower, like 2-6%, and just be happy it profits. MD wasn’t made to work like this. You will have losses. Look at performance over at least a month, not on a daily basis.