Forex Megadroid Expert Advisor Real Review With Changed Settings

Forex Megadroid

I have written a review about the forex expert adviser “Forex Megadroid” earlier. The review contains the backtested results that were conducted by installing the expert advisor as it is with out changing any settings. You can find the review at http://www.forexbees.com/forex-megadroid-expert-adviser-real-review/. I have conducted another backtest by changing the settings and this review shows you what changes I have made and how this forex megadroid expert advisor is working with those changes. Again I have conducted the test on metatrader platform from ODLMarkets with a starting balance of $5000. I have used the same “Every Tick” model for testing this, which is the most precise method for testing any expert adviser. The results are quite impressive.

The following are the only changes I made.

1) I increased the LotSize from 0.1 to 0.2.

2) I increased the RiskLevel from 0.1 to 0.2.

I touched only the above settings. I did not touch any other settings like money management, slippage etc. I just left them as it is.

The tests are conducted again from years 2000 to 2009 and a final test is conducted for the whole length from 2000 to 2009. So lets review the results.

Year 2000:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $8197. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $11059.95.

Year 2001:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $12128.25. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $25083.60.

Year 2002:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $10499.50. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $20035.80.

Year 2003:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $16019.60. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $40625.85.

Year 2004:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $14457.00. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $48517.25.

Year 2005:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $14622.70. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $36112.40.

Year 2006:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $9659.45. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $6600.25.

This is the only year where with changing the LotSize and Risk Level, it made less amount of money than with out changing the LotSize and RiskLevel. But the deposit is never lost and it still made some profit.

Year 2007:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $6521.00. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $7751.05.

Year 2008:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $10940.45 With changing the LotSize and RiskLevel the deposite of $5000 is grown to $18034.80.

Year 2009:

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $11600.05. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $20026.30.

Year 2000 to 2009(Continuously Run):

With changing the LotSize and RiskLevel from 0.1 to 0.2:

With default LotSize and RiskLevel which is 0.1:

With default LotSize and RiskLevel the deposit of $5000 is grown to $6383712.55. With changing the LotSize and RiskLevel the deposite of $5000 is grown to $42951494.60.

So overall this expert advisor is doing much better when the LotSize and RiskLevel are 0.2 than the default which is 0.1.

The following are the different years reports when the LotSize and the RiskLevel are 0.1(default) and 0.2(Changed).