In our previous live test results for June and July the Forex MegaDroid MetaTrader 4 expert advisor did at least manage to make a profit. Sadly the "robot" seems to have lost it's way over the summer holiday season. In our live account at Alpari UK it lost money. In percentage terms it lost a lot of money!
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On September 9th, which they refer to as a "Red-Letter Day", MetaQuotes announced on the MQL forum that the arrival of the long awaited MetaTrader 5 has just got one step closer. They have now started "closed beta-testing of the MetaTrader 5 terminal":
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Our regular readers will have gathered by now that we are based in the United Kingdom. As UK residents that means if we use a spread betting account to do our forex trading we pay no tax on our profits! This is obviously highly desirable, but there is a drawback. The vast majority of spread betting brokers don't allow you to use automated trading systems.
More on Trading Gurus Robots Translated from MetaTrader to GFT CTL
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We've finally received the email from the Forex MegaDroid team that we've been waiting for since July 5th. Albert and John finally announced in an email to their customers on September 20th that:
More on Forex MegaDroid Gets NFA FIFO Update – 7 Weeks Late!
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With the benefit of an apparently hasty translation from the Russian original the MQL4 community website has just published an English language review by one of the MT5 closed beta testers that includes some pictures of the beta version of the MetaTrader 5 client terminal in action.
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